Hamilton Lane INC has recently released its 10-K report, providing a comprehensive overview of its financial performance and operations. The company, founded in 1991, is a private equity and venture capital firm based in Conshohocken, Pennsylvania, with additional offices across Europe, North America, Asia Pacific, and the Middle East. Hamilton Lane specializes in a wide range of investment strategies, including early venture, emerging growth, turnaround, middle market, mature, mid-venture, bridge, buyout, distressed/vulture, loan, mezzanine in growth capital companies, and manages alternative investment strategies like direct credit, direct, fund of fund, evergreen, and real assets. The firm prefers to invest in disruptive technologies and innovative companies across various sectors and geographies, with a preference for small* to mid-sized enterprise values.
In its 10-K report, Hamilton Lane INC discusses its business overview, highlighting its global private markets investment solutions, which include offering a variety of investment solutions across private equity, private credit, real estate, infrastructure, real assets, growth equity, venture capital, and impact. The firm provides customized separate accounts, specialized funds, advisory services, distribution management, and reporting, monitoring, data, and analytics to meet its clients' specific portfolio objectives. As of March 31, 2025, Hamilton Lane INC managed $98.8 billion of customized separate accounts, $39.5 billion of specialized funds, and had $819.5 billion of assets under advisement.
The 10-K report also discusses the trends affecting Hamilton Lane's business, including investor demand for alternative investments, the need to generate strong returns, sourcing investments with attractive risk-adjusted returns, maintaining a data advantage, expanding globally, and facing increased competition and unpredictable macroeconomic conditions. The report also highlights the company's recent transactions, such as the February 2025 Offering, where Hamilton Lane and a selling stockholder completed a registered offering of an aggregate of 1,572,536 shares of Class A common stock.
Key financial and operating measures discussed in the report include the company's revenues, which are primarily generated from management and advisory fees, and to a lesser extent, incentive fees. Management and advisory fees comprise specialized fund and customized separate account management fees, advisory and reporting fees, and distribution management fees.
The market has reacted to these announcements by moving the company's shares -4.54% to a price of $149.00. Check out the company's full 10-K submission here.
