Hamilton Lane Profit Rises as Fee Revenue Climbs


Asset manager Hamilton Lane reported an 8% increase in its adjusted net income for the just-ended quarter, as gains in fee-generating assets boosted earnings despite a 5% decline in its overall capital footprint, which includes money the firm invests directly and a much larger sum held under advisement.
The Conshohocken, Pa.-based firm said assets under management rose 5%…

This story appeared on wsj.com, 2023-05-25.
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