HAMILTON LANE INCORPORATED REPORTS SECOND QUARTER FISCAL 2025 RESULTS, WITH MANAGEMENT & ADVISORY FEES GROWING BY 10% AND ASSETS UNDER MANAGEMENT GROWING BY 10% YEAR-OVER-YEAR | PR Newswire [Video]

, /PRNewswire/ — Leading private markets asset management firm Hamilton Lane Incorporated (Nasdaq: HLNE) today reported its results for the second fiscal quarter ended September 30, 2024.

SECOND QUARTER FISCAL 2025 HIGHLIGHTS

• Assets under management – Total assets under management of $131.4 billion grew $12.2 billion year-over-year. Fee-earning assets under management increased $8.3 billion to $69.7 billion over the same period.
• Revenue – Management and advisory fees of $119.8 million for the quarter represent growth of 10% versus the prior year period.
• Carried Interest – Unrealized carried interest balance of approximately $1.3 billion, up 9% versus the prior year period.
• Earnings per share – GAAP EPS of $1.37 on $55.0 million of GAAP net income for the quarter.
• Dividend – Declared a quarterly dividend of $0.49per share of Class A common stock to record holders at the close of business on December 16, 2024 that will be paid on January …