HLNE - Hamilton Lane Incorporated

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
67.35
+0.12 (+0.18%)
At close: 4:00PM EST
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Previous Close67.23
Open67.13
Bid0.00 x 1300
Ask0.00 x 800
Day's Range66.54 - 67.50
52 Week Range35.76 - 68.21
Volume106,326
Avg. Volume118,672
Market Cap3.494B
Beta (5Y Monthly)0.89
PE Ratio (TTM)44.08
EPS (TTM)1.53
Earnings DateFeb 03, 2020
Forward Dividend & Yield1.10 (1.64%)
Ex-Dividend DateDec 11, 2019
1y Target Est61.80
  • GlobeNewswire

    Hamilton Lane Implements Hazeltree Private Markets™ to Manage Capital Activity Lifecycle

    NEW YORK and LONDON and HONG KONG and BALA CYNWYD, Penn., Jan. 14, 2020 -- Hazeltree, the leading provider of integrated treasury management and portfolio finance solutions for.

  • GlobeNewswire

    Hamilton Lane Incorporated to Announce Third Quarter Fiscal 2020 Results on February 4, 2020

    Hamilton Lane Incorporated (HLNE) is scheduled to release financial results for the third fiscal quarter ended December 31, 2019 before the market opens on Tuesday, February 4, 2020. Hamilton Lane will host a webcast and conference call at 11:00 a.m. ET on February 4 to discuss the results for the third fiscal quarter. To listen to the conference call and in order to ask questions, investors within the United States may also dial (833) 231-8267 and international callers may dial (647) 689-4112.

  • GlobeNewswire

    Atul Varma to Join Hamilton Lane as Chief Financial Officer and Treasurer

    Hamilton Lane (HLNE), a leading private markets asset management firm, today announced that Atul Varma will join the firm as Chief Financial Officer and Treasurer effective January 6th. Stilman will remain at Hamilton Lane into 2020 to help ensure a smooth transition of his responsibilities. Varma brings two decades of leadership experience in financial services to Hamilton Lane.

  • AB or HLNE: Which Is the Better Value Stock Right Now?
    Zacks

    AB or HLNE: Which Is the Better Value Stock Right Now?

    AB vs. HLNE: Which Stock Is the Better Value Option?

  • Hedge Funds Have Never Been This Bullish On Hamilton Lane Incorporated (HLNE)
    Insider Monkey

    Hedge Funds Have Never Been This Bullish On Hamilton Lane Incorporated (HLNE)

    Based on the fact that hedge funds have collectively under-performed the market for several years, it would be easy to assume that their stock picks simply aren't very good. However, our research shows this not to be the case. In fact, when it comes to their very top picks collectively, they show a strong ability […]

  • GlobeNewswire

    Hamilton Lane Named a ‘Best Place to Work’ by Pensions & Investments for Eighth Consecutive Year

    Leading private markets asset management firm Hamilton Lane (HLNE) was again named to Pensions & Investments’ “Best Places to Work in Money Management” list for 2019. Hamilton Lane is one of only five companies to have been included on the list for eight consecutive years, since Pensions & Investments first began publishing the rankings in 2012. As part of the firm’s ongoing effort to recruit, retain and support its valued employees, this year Hamilton Lane announced plans to significantly expand its parental leave policy, and hired a recruiting programs manager to further support the firm’s focus on diversity by attracting a diverse candidate pool.

  • GlobeNewswire

    Hamilton Lane Closes Second Brazilian-Focused Fund

    Hamilton Lane (HLNE), a leading private markets asset management firm, today announced the final closing of its second dedicated fund in Brazil, Hamilton Lane Brazil Fund II (or the “Fund”). With approximately R$250 million in commitments, the Fund represents a sizeable increase to its predecessor, which closed at approximately R$150 million in 2014. The Fund will pursue a similar strategy to its predecessor, seeking primary, secondary and co-investments in buyout and growth opportunities throughout Brazil, including in the healthcare, education, food services and consumer goods sectors.

  • American Real Estate Partners (AREP), Oliver Tyrone Pulver Corporation, And Partners Group Announce Groundbreaking Of Seven Tower Bridge In Conshohocken
    PR Newswire

    American Real Estate Partners (AREP), Oliver Tyrone Pulver Corporation, And Partners Group Announce Groundbreaking Of Seven Tower Bridge In Conshohocken

    CONSHOHOCKEN, Pa., Nov. 21, 2019 /PRNewswire/ -- American Real Estate Partners (AREP), Oliver Tyrone Pulver Corporation (OTP), and Partners Group, a global investment manager, announce the groundbreaking of Seven Tower Bridge, a 14-story, 260,000-square-foot office tower scheduled to open in November 2020 in Conshohocken, the premier suburban hub in Philadelphia. The partnership has secured a lease with Hamilton Lane (NASDAQ: HLNE), a global private markets asset management firm, to occupy 130,000 square feet of Seven Tower Bridge beginning in 2021.

  • GlobeNewswire

    Hamilton Lane Strengthens Global Investment Team

    Leading private markets asset management firm Hamilton Lane (HLNE) today announced new leadership roles across its investment business, naming Jeff Armbrister as Global Head of Co-Investments, and appointing Mingchen Xia and Collwyn Tan as Co-Heads of Asia Investments.

  • Hamilton Lane (HLNE) Q2 Earnings and Revenues Lag Estimates
    Zacks

    Hamilton Lane (HLNE) Q2 Earnings and Revenues Lag Estimates

    Hamilton Lane (HLNE) delivered earnings and revenue surprises of -1.96% and -11.14%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

  • GlobeNewswire

    Hamilton Lane Incorporated Reports Strong Second Quarter Fiscal 2020 Results, With Year to Date Management & Advisory Fees Growing By 15% and Assets Under Management Growing By 13% Year-Over-Year

    Leading private markets asset management firm Hamilton Lane Incorporated (HLNE) today reported its results for the second fiscal quarter ended September 30, 2019. Assets under management – Total assets under management of approximately $66 billion grew 13% year-over-year. Fee-earning assets under management increased 14% to approximately $36 billion, over the same time period.

  • Analysts Estimate Hamilton Lane (HLNE) to Report a Decline in Earnings: What to Look Out for
    Zacks

    Analysts Estimate Hamilton Lane (HLNE) to Report a Decline in Earnings: What to Look Out for

    Hamilton Lane (HLNE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Hedge Funds Are Dumping Hamilton Lane Incorporated (HLNE)
    Insider Monkey

    Hedge Funds Are Dumping Hamilton Lane Incorporated (HLNE)

    Looking for stocks with high upside potential? Just follow the big players within the hedge fund industry. Why should you do so? Let’s take a brief look at what statistics have to say about hedge funds’ stock picking abilities to illustrate. The Standard and Poor’s 500 Index returned approximately 20% in 2019 (through September 30th). Conversely, hedge […]

  • Behind Hamilton Lane's decision to move to Seven Tower
    American City Business Journals

    Behind Hamilton Lane's decision to move to Seven Tower

    Hamilton Lane’s decision to sign a long-term lease for a new headquarters at a yet-to-be developed building in Conshohocken was the culmination of a long search that took more than a year and stretched from Bala Cynwyd to Gulph Mills. The company is currently located over three office buildings in Bala Cynwyd — One Presidential Blvd., 401 City Ave. and Three Bala Plaza. “Making a long-term decision like this required us to really sharpen our pencils on forecasting our personnel growth, specifically in the Philadelphia area over the next five, 10 and even 15 years.

  • Seven Tower Bridge secures tenant, financing for new office development
    American City Business Journals

    Seven Tower Bridge secures tenant, financing for new office development

    Hamilton Lane will move to Conshohocken from Bala Cynwyd as Oliver Tyrone Pulver Corp. has secured financing to push ahead with the construction of Seven Tower Bridge, a $112 million, 260,000-square-foot office building. Hamilton Lane will anchor the 14-story riverfront building at 110 Washington St., taking 130,000 square feet beginning in 2021. Oliver Tyrone Pulver continues discussions with several other tenants to fill the remainder of the space, according to people familiar with the situation.  Oliver Tyrone Pulver will co-develop the project with Herndon, Virginia-based American Real Estate Partners and Partners Group, an international investment manager.

  • GlobeNewswire

    Hamilton Lane Incorporated to Announce Second Quarter Fiscal 2020 Results on November 5, 2019

    Hamilton Lane Incorporated (HLNE) is scheduled to release financial results for the second fiscal quarter ended September 30, 2019 before the market opens on Tuesday, November 5, 2019. Hamilton Lane will host a webcast and conference call at 11:00 a.m. ET on November 5 to discuss the results for the second fiscal quarter. To listen to the conference call and in order to ask questions, investors within the United States may also dial (833) 231-8267 and international callers may dial (647) 689-4112.

  • Region's largest private equity firm raises $278M for new fund
    American City Business Journals

    Region's largest private equity firm raises $278M for new fund

    Alternative asset manager Hamilton Lane said it has raised more $278 million for its Private Equity Fund X. The Bala Cynwyd-based firm described its new product as a global and diversified private equity multi-strategy fund. Primarily targeting small and midsize funds and transactions, Hamilton Lane said Fund X aims to provide investors with a balanced portfolio of private market investments by diversifying across primaries, secondaries and equity and credit co-investments, as well as identifying those managers believed to be capable of creating and driving value through operational improvements at the portfolio company level. “Even with an overall shift in investor preference more towards customized separate accounts or single strategy-focused funds, the multi-strategy structure continues to fit the needs of certain investors, as evidenced by our long history of raising multi-strategy funds,” Hamilton Lane Managing Director and Head of Product Management Jackie Rantanen said in a statement.

  • PR Newswire

    Bison Names Jason Weinstein Chief Executive Officer

    BOSTON, Oct. 4, 2019 /PRNewswire/ -- Boston Illiquid Securities Offering Network, Inc. ("Bison"), the company behind private market solutions platforms Cobalt GP and Cobalt LP, today announced that Jason Weinstein has been promoted to Chief Executive Officer, effective October 4, 2019, when co-founder Rasmus Goksor will step down from his operating role at the Company. "In Jason we have found the seasoned operational and growth strategist we believe will help to make a reality the ambitious vision we have for Bison as the leading private markets data platform," said Erik Hirsch, Chairman of Bison's Board of Directors and Vice Chairman and Head of Strategic Initiatives at Hamilton Lane (HLNE).

  • GlobeNewswire

    Hamilton Lane expands Australian offering to meet growing demand

    Hamilton Lane (HLNE), a leading global private markets asset management firm, has expanded its Australian presence and offerings to provide access to private markets to a wider group of investors, including the wholesale and high-net-worth (HNW) markets in Australia. The recently launched Global Private Assets Fund (AUD) (“GPA Fund” or “the Fund”) has already received more than $134 million AUD in inflows to date from HNW investors.

  • GlobeNewswire

    Hamilton Lane Holds Final Close for Latest Multi-Strategy Product

    BALA CYNWYD, Pa., Sept. 27, 2019 -- Hamilton Lane (NASDAQ: HLNE) today announced the final closing of Hamilton Lane Private Equity Fund X L.P. (“the Fund” or “Fund X”), a.

  • Bloomberg

    Fintech Fundbox Raises $176 Million to Lend to Business Using AI

    (Bloomberg) -- Fintech Fundbox Inc. has raised $176 million in a new funding round from investors including Allianz SE and General Catalyst. The company plans to announce the funding on Tuesday, along with a new $150 million credit facility. A Fundbox spokesman said the new round valued the company at between $500 million and $1 billion, but would not disclose the exact valuation. The San Francisco-based startup is both a lender and a payments processor for small businesses. It uses artificial intelligence to assess the creditworthiness of potential borrowers, collecting data from other software and services used by the business, as well as their bank accounts.The platform also facilitates quick payments to the borrower’s suppliers. “We are focused on unlocking the working capital that’s tied up in unpaid invoices," Chief Operating Officer Prashant Fuloria said. By using Fundbox, “the seller gets paid right away," he added.Fundbox plans to use the fresh funding to hire employees in its engineering team and to expand the number of platforms it works with. The company will use the credit facility to lend directly to customers, Fuloria said.The business-to-business fintech lending industry has piqued the interest of entrepreneurs and investors in recent months. Other players include fast-growing Brex Inc., which offers quick credit decisions and credit cards for startups, also using non-traditional metrics. Jack Dorsey’s Square Inc., too, lends money to its small business customers.“There will always be competition where people flood the same customers,” said Joseph Engelhart, chief investment officer of Allianz X, the insurer’s investment arm. “What we like is the underlying technology where we think they still have an edge in extending credit to the right people.”Investors in Fundbox’s latest round include Allianz, Hamilton Lane Inc. and Synchrony Financial. It also saw participation from existing VCs including Khosla Ventures and Spark Capital Growth. The company declined to disclose which investors provided the credit facility. Amazon.com Inc.’s Jeff Bezos and celebrity venture capitalist Ashton Kutcher are also investors in the company, but did not participate in the most recent round. The startup has raised $300 million in funding so far.\--With assistance from Yaacov Benmeleh.To contact the reporter on this story: Ed Ludlow in San Francisco at eludlow2@bloomberg.netTo contact the editors responsible for this story: Anne VanderMey at avandermey@bloomberg.net, ;Mark Milian at mmilian@bloomberg.net, Andrew PollackFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • GlobeNewswire

    Hamilton Lane Appoints Chief Technology Officer

    Leading private markets asset management firm Hamilton Lane (HLNE) today announced the appointment of Niki Mangos as its Chief Technology Officer, based in the firm’s Bala Cynwyd headquarters. Prior to Hamilton Lane, Mangos was Chief Information Officer (CIO) at Brandywine Global Investment Management, CIO for the Individual Products Distribution Division at Guardian Life, and a member of the Technology leadership team at Goldman Sachs Asset Management, among other roles.

  • GlobeNewswire

    Hamilton Lane Announces Completion of Class A Common Stock Offering

    Private markets asset management firm Hamilton Lane Incorporated (HLNE) (“Hamilton Lane”) today announced the closing of an underwritten public offering by Hamilton Lane and two selling stockholders of 2,680,089 shares of its Class A common stock, in the aggregate, for gross proceeds of approximately $162.4 million. Hamilton Lane received approximately $147.1 million in net proceeds from the sale of its shares and intends to use the proceeds to settle in cash exchanges of membership units in Hamilton Lane Advisors, L.L.C. held by certain of its members. Hamilton Lane did not receive any proceeds from the sale of shares by the selling stockholders.

  • GlobeNewswire

    Hamilton Lane Announces Pricing of Public Offering of Class A Common Stock

    Private markets asset management firm Hamilton Lane Incorporated (HLNE) (“Hamilton Lane”) today announced the pricing of an underwritten public offering by Hamilton Lane and two selling stockholders of 2,680,089 shares of Class A common stock, in the aggregate, for gross proceeds of $162.4 million. Hamilton Lane intends to use the proceeds from the sale of its shares to settle in cash exchanges of membership units in Hamilton Lane Advisors, L.L.C. held by certain of its members.  Hamilton Lane will not receive any proceeds from the sale of shares by the selling stockholders. Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC are acting as joint book-running managers and underwriters for the offering.