Hamilton Lane Earnings Call Transcripts
Fiscal Year 2027
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Asset footprint exceeded $1 trillion, with strong year-over-year growth in AUM, fee-related revenue, and earnings. Evergreen and specialized funds drove inflows, while new product launches and strategic investments contributed to future growth. Margin expansion and disciplined capital allocation support a positive outlook.
Fiscal Year 2026
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Total asset footprint reached $1 trillion, with strong growth in AUM, fee-related earnings, and evergreen products. Dividend increased 11%, and new product launches and digital investments support continued expansion. Institutional flows and exit activity are expected to rise.
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Total asset footprint exceeded $1 trillion, with strong YoY growth in AUM, fee-related revenue, and earnings. The Guardian partnership closed, adding significant assets and long-term commitments. Evergreen and specialized funds drove segment growth, while expense increases were offset by higher revenues.
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Surpassed $1T in assets, with AUM up 11% and strong growth in Specialized Funds and Evergreen products. Announced a major Guardian Life partnership and expanded technology/data initiatives, driving higher fee-related revenue and margins.
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AUM grew 9% year-over-year to $141B, driven by strong Evergreen and specialized fund growth, while fee-related earnings rose 31%. Despite a 4% decline in management fees due to lower retro fees, margins improved and new product launches and strategic partnerships are fueling expansion.
Fiscal Year 2025
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Total asset footprint grew to $958B, with AUM up 11% and strong fee-related earnings growth. Evergreen and specialized funds drove segment momentum, while a new performance fee structure and robust inflows supported higher margins and dividend increases.
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Management and advisory fees rose 18% year-to-date, with fee-related earnings up 21% and strong growth in specialized funds and Evergreen products. Margins remain stable despite higher compensation and commission expenses, and new technology partnerships are expected to drive future growth.
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Management and advisory fees rose 21% year-over-year, with strong growth in AUM, specialized funds, and Evergreen products. The firm declared a $0.49 dividend, launched new products, and expanded its technology partnerships, while maintaining a 43% FRE margin.
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Management and advisory fees rose 33% year-over-year, with strong AUM growth and robust inflows into specialized funds. Technology Solutions and new fund launches contributed to record incentive fees and expanding margins, while the firm remains optimistic about future growth and distribution expansion.