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Manages and advises on private markets investments (private equity, credit, infrastructure) for institutional and retail investors.
Manages and advises on private markets investments (private equity, credit, infrastructure) for institutional and retail investors.
Is paid recurring fees by institutions for advising on or running their private-markets programmes, based on the assets it manages or advises, plus performance fees when underlying investments are sold at a gain. Retail evergreen funds, which keep taking in money instead of locking it up for years, are a newer channel.
Moat: narrow (brand, data, scale). Decades of private markets data and manager relationships give an edge in access and due diligence versus newer entrants.
Headquarters: Conshohocken, Pennsylvania, United States · Founded: 1991 · Employees: 785
Size Hamilton Lane (HLNE) is a United States Financials company (Investment Managers) with a market value of $4.99B, the 1190th largest of 3,117 United States companies the cockpit tracks. Shares closed at $89.46 on 6 Nov 2026.
Performance Over six months the shares gained 0.5%, against +0.2% for the median peer and -1.1% for the United States market (cap-weighted) — 11th highest of 21 in its peer set.
Growth Revenue grew 18.9% over the last twelve months (peer median +13.3%); the operating margin is 58.3% (peer median 29.6%).
Valuation It trades at 12.3× forward earnings against a peer median of 12.6× (9th cheapest of 19).
Short interest Short interest is 9.4% of the free float (15 Oct 2026).
Next results Next results expected around 9 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $872M | $759M | $713M | $554M | $529M |
| Revenue growth | — | +6% | +29% | +5% | — |
| EBITDA | $518M | $418M | $347M | $257M | $269M |
| Net income | $282M | $249M | $217M | $141M | $113M |
| Free cash flow | $330M | $455M | $311M | $124M | $238M |
| Capital expenditure | $10.5M | $5.84M | $12.2M | $11.1M | $4.75M |
| Total debt | $361M | $356M | $368M | $275M | $292M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Hamilton Lane HLNE | $4.99B | +1% | +19% | 58% | 12.3× | n/a |
| StepStone STEP | $5.73B | -15% | +51% | -53% | 18.1× | n/a |
| Blackstone BX | $149B | -3% | +9% | 57% | 18.1× | n/a |
| Partners PGHN.SW | $21.3B | -24% | +9% | 56% | 16.7× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | HLNE | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +4.4% | +3.2% | 10th highest of 21 |
| 6-month return | +0.5% | +0.2% | 11th highest of 21 |
| Distance from 52-week high | -42.5% | -16.1% | 2nd lowest of 21 |
| Revenue growth (TTM) | +18.9% | +13.3% | 7th highest of 21 |
| Operating margin | 58.3% | 29.6% | 3rd highest of 21 |
| Forward P/E | 12.3× | 12.6× | 9th cheapest of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Hamilton Lane HLNE | United States | $4.99B | +1% | +19% | 58% | 12.3× | n/a | n/a |
| HA Sustainable Infrastructure Capital HASI | United States | $5.00B | -5% | +27% | 69% | 12.6× | n/a | n/a |
| 360 One Wam 360ONE.NS | India | $4.95B | +3% | +25% | 33% | 35.1× | n/a | n/a |
| Colliers International CIGI.TO | Canada | $4.88B | -5% | +14% | 7% | 11.8× | n/a | n/a |
| Caitong Securities 601108.SS | China | $5.12B | -11% | -12% | 31% | 10.7× | n/a | n/a |
| Ninety One N91.L | United Kingdom | $5.18B | -6% | +10% | 26% | 11.1× | n/a | n/a |
| Bridgepoint BPT.L | United Kingdom | $4.79B | +55% | +36% | 49% | 10.7× | n/a | n/a |
| Federated Hermes FHI | United States | $4.73B | +14% | +13% | 28% | 10.9× | n/a | n/a |
| Aberdeen ABDN.L | United Kingdom | $5.36B | +2% | +2% | 37% | 14.3× | n/a | n/a |
| Capital Securities 601136.SS | China | $5.41B | -21% | +1% | 36% | n/a | n/a | n/a |
| Man EMG.L | United Kingdom | $4.43B | +10% | +24% | 28% | 8.4× | n/a | n/a |
| China Cinda Asset Management 1359.HK | Hong Kong | $4.36B | -21% | -25% | 53% | 11.7× | n/a | n/a |
| StepStone STEP | United States | $5.73B | -15% | +51% | -53% | 18.1× | n/a | n/a |
| China CITIC Financial Asset Management 2799.HK | Hong Kong | $5.83B | -24% | -18% | 135% | 3.1× | n/a | n/a |
| Anand Rathi Wealth ANANDRATHI.NS | India | $4.18B | +31% | +35% | 41% | 90.5× | n/a | n/a |
| Vontobel VONN.SW | Switzerland | $6.18B | +36% | +11% | 25% | 12.6× | n/a | n/a |
| EFG International EFGN.SW | Switzerland | $6.26B | -1% | -1% | 26% | 14.4× | n/a | n/a |
| ChinaLin Securities 002945.SZ | China | $6.27B | 0% | +15% | 25% | n/a | n/a | n/a |
| Cohen & Steers CNS | United States | $3.76B | +1% | +13% | 33% | 20.1× | n/a | n/a |
| Eurazeo RF.PA | France | $3.70B | +2% | +18% | -2% | 28.7× | n/a | n/a |
| AMP AMP.AX | Australia | $3.69B | +46% | -5% | -1% | 15.7× | n/a | n/a |