Sector: Financials | Industry: Investment Management & Fund Operators |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 110 WASHINGTON STREET, SUITE 1300 CONSHOHOCKEN PA 19428 |
Tel: | N/A |
Website: | https://www.hamiltonlane.com |
IR: | See website |
Key People | ||
Hartley R. Rogers Chairman of the Board | Kenneth G. Binick Managing Director | Mario L. Giannini Executive Co-Chairman of the Board |
Erik R. Hirsch Co-Chief Executive Officer, Director | Juan Delgado-Moreira Co-Chief Executive Officer | Andrew Schardt Vice Chairman |
Jeffrey B. Armbrister Chief Financial Officer, Treasurer | Andrea Anigati Kramer Chief Operating Officer | Drew Carl Chief Accounting Officer | Lydia A. Gavalis General Counsel, Secretary |
Business Overview |
Hamilton Lane Incorporated is a private market investment management company. The Company works with its clients to conceive, structure, build out, manage and monitor portfolios of private markets funds and direct investments, and it enables them to access a diversified set of such investment opportunities worldwide. The Company offers a variety of investment solutions to address its clients' needs across a range of private markets, including private equity, private credit, real estate, infrastructure, natural resources, growth equity, venture capital and impact. These solutions are constructed from a range of investment types, including primary investments in funds managed by third-party managers, direct investments alongside such funds and acquisitions of secondary stakes in such funds, with a number of its clients utilizing multiple investment types. These solutions are offered in a variety of formats covering some or all phases of the private market's investment program. |
Financial Overview |
For the nine months ended 31 December 2023, Hamilton Lane Inc revenues decreased 9% to $377.2M. Net income applicable to common stockholders increased 13% to $92.5M. Revenues reflect Incentive fees- Specialized funds segment decrease of 66% to $47.9M, Management and advisory fees-Reporting and other segment decrease of 5% to $18.3M. Net income reflects Equity in (loss) income of investees increase from $7.5M (expense) to $20.1M (income). |
Employees: | 600 as of Mar 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $6,153M as of Dec 31, 2023 |
Annual revenue (TTM): | $489.97M as of Dec 31, 2023 |
EBITDA (TTM): | $218.86M as of Dec 31, 2023 |
Net annual income (TTM): | $123.58M as of Dec 31, 2023 |
Free cash flow (TTM): | $22.94M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $32.30M as of Dec 31, 2023 |
Shares outstanding: | 54,005,683 as of Mar 1, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |