Hamilton Lane Reports Strong Q2 2027 Growth with $1.1 Trillion Total Asset Footprint
Hamilton Lane (HLNE) reported robust financial results for the second quarter of fiscal year 2027, highlighted by a total asset footprint reaching $1.1 trillion, a 7% increase year-over-year. The firm saw significant momentum in its fee-earning assets and evergreen platforms, with Evergreen Platform AUM growing 42% compared to the prior year. This growth was bolstered by nearly $800 million in net inflows during the quarter. Profitability metrics showed substantial improvement, as Fee-Related Earnings (FRE) rose 34% year-over-year to $215 million for the first half of the fiscal year. The company also reported a non-GAAP EPS increase to $3.91 from $2.86 in the prior period. Management continues to focus on specialized funds and technology solution mandates, which helped drive a 5% compounded annual growth rate in the blended fee rate over the last five years.
Tickers: $HLNE
Topics: Assets Under Management Dividend Announcement Fee-Related Earnings Revenue Growth
Read the full article at Motley Fool
Part of the story Hamilton Lane Reports Strong Q2 Fiscal 2027 Results Driven by Evergreen Platform Growth (10 articles)