Hamilton Lane Incorporated (NASDAQ:HLNE) Q1 2025 Earnings Conference Call August 6, 2024 11:00 AM ET

Company Participants

John Oh - Head, Shareholder Relations
Erik Hirsch - Co-Chief Executive Officer
Griff Norville - Head of Technology Solutions
Jeff Armbrister - Chief Financial Officer

Conference Call Participants

Alex Bernstein - JPMorgan
Stephanie Ma - Morgan Stanley

Operator

Good morning, ladies and gentlemen, and welcome to the Hamilton Lane First Quarter Fiscal 2025 Earnings Conference Call. At this time, all lines are in a listen-only mode. Following the presentation, we will conduct a question-and-answer session. [Operator Instructions] This call is being recorded on Tuesday, August 6, 2024.

I would now like to turn the conference over to John Oh, Head of Shareholder Relations. Please go ahead.

John Oh

Thank you Julie. Good morning, and welcome to the Hamilton Lane Q1 fiscal 2025 earnings call. Today I will be joined by Erik Hirsch, Co-Chief Executive Officer; Jeff Armbrister, Chief Financial Officer; and Griff Norville, Head of Technology Solutions.

Earlier this morning we issued a press release and slide presentation which are available on our website. Before we discuss the quarter's results, we want to remind you that we will be making forward-looking statements. Forward-looking statements discuss our current expectations and projections relating to our financial position, results of operations, plans, objectives, future performance and business. These forward-looking statements do not guarantee future events or performance and are subject to risks and uncertainties that may cause our actual results to differ materially from those projected.

For a discussion of these risks, please review the cautionary statements and risk factors included in the Hamilton Lane fiscal 2024 10-K and subsequent reports we file with the SEC. These forward-looking statements are made only as of today and except as required we undertake no obligation to update or revise any of them.

We will also be referring to non-GAAP measures that we view as important in assessing the performance of our business. Reconciliation of those non-GAAP measures to GAAP can be found in the earnings presentation materials made available on the Shareholders section of the Hamilton Lane website. Our detailed financial results will be made available when our 10-Q is filed. Please note that nothing on this call represents an offer to sell or a solicitation of an offer to purchase interest in any of Hamilton Lane's products.

First, as a reminder for those who may have missed it, we held our second HLNE Shareholder Day on June 5, where several Hamilton Lane leaders walk through business channels and growth drivers. We charted our progress since our IPO in March 2017 and discuss what we continue to see as a large and growing market in front of us.