Functional Brands closes $8 million private placement and completes Nasdaq listing
CONSHOHOCKEN, Pa. - On Tuesday, Hamilton Lane Incorporated (NASDAQ:HLNE) reported second quarter fiscal 2026 earnings that significantly exceeded analyst expectations.
The company’s shares were up 3.11% in pre-market trading following the announcement.
The private markets asset management firm posted adjusted earnings per share of $1.54 for the quarter ended September 30, 2025, beating analyst estimates of $1.14 by $0.40. Revenue came in at $190.88 million, surpassing the consensus estimate of $171.86 million.
Hamilton Lane’s strong quarterly performance reflects robust activity in its private markets investment business. The firm reported $1.0 trillion in assets under management and supervision, composed of $145.4 billion in discretionary assets and $859.8 billion in non-discretionary assets as of September 30, 2025.
The company also declared a quarterly dividend of $0.54 per share of Class A common stock, payable on January 7, 2026, to shareholders of record as of December 19, 2025. The target full-year dividend of $2.16 represents a 10% increase from the prior fiscal year.
Hamilton Lane, which has been dedicated exclusively to private markets investing for more than 30 years, currently employs approximately 770 professionals operating in offices throughout North America, Europe, Asia Pacific and the Middle East.
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