Hamilton Lane INC has recently released its 10-K report, providing a comprehensive overview of the company's financial performance and operations. Hamilton Lane Incorporated is a private equity and venture capital firm based in Conshohocken, Pennsylvania. The firm specializes in various investment strategies, including early venture, emerging growth, turnaround, middle market, and mature companies, managing alternative investment strategies like direct credit, direct, fund of fund, evergreen, and real assets. Hamilton Lane INC was founded in 1991 and operates additional offices across Europe, North America, Asia Pacific, and the Middle East.
In the 10-K report, Hamilton Lane INC reported that it manages approximately $98.8 billion of assets under management (AUM) in customized separate accounts, $39.5 billion of AUM in specialized funds, and $819.5 billion of advisory and reporting assets under advisement (AUA) as of March 31, 2025. The firm offers a variety of investment solutions, including customized separate accounts, specialized funds, advisory services, distribution management, and reporting, monitoring, data, and analytics services. Hamilton Lane INC's client base primarily comprises institutional investors from the United States, Canada, Europe, the Middle East, Asia, Australia, and Latin America.
The 10-K report also highlighted various trends affecting Hamilton Lane INC's business, including increasing investor demand for alternative investments, the firm's ability to generate strong returns, and the expansion of its global presence. Additionally, the report discussed factors that could influence the company's future performance, such as the unpredictability of macroeconomic conditions, increased regulatory requirements, and competition to work with top private equity fund managers.
Furthermore, the report detailed a recent transaction in February 2025, where Hamilton Lane INC and a selling stockholder completed a registered offering of an aggregate of 1,572,536 shares of Class A common stock, generating $248.4 million in net proceeds for the company.
In terms of key financial measures, the report highlighted that Hamilton Lane INC primarily generates revenues from management and advisory fees, and to a lesser extent, incentive fees. Revenues from customized separate accounts are generally based on a contractual rate applied to committed capital or net invested capital under management, while revenues from specialized funds are based on a percentage of limited partners' capital commitments to, net invested capital, or net asset value in the funds.
Following these announcements, the company's shares moved -4.54%, and are now trading at a price of $149.00. For more information, read the company's full 10-K submission here.
