Hamilton Lane Incorporated (HLNE) Misses Q2 EPS by 1c
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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
November 5, 2019 7:00 AM ESTBALA CYNWYD, Pa., Nov. 05, 2019 (GLOBE NEWSWIRE) -- Leading private markets asset management firm Hamilton Lane Incorporated (NASDAQ: HLNE) today reported its results for the second fiscal quarter ended September 30, 2019.
SECOND QUARTER FISCAL 2020 HIGHLIGHTS
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. Revenue Management and advisory fees of approximately $59 million for the quarter and $120 million year to date represent growth of 11% and 15%, respectively.... More
