Hamilton Lane Inc (OQ:HLNE)

Business Focus: Investment Management

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
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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

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