Hamilton Lane is a global private markets investment solutions provider offering discretionary and advisory services across multiple asset classes including private equity, private credit, real estate, infrastructure, and venture capital. The firm serves over 2,800 institutional and private wealth clients through customized separate accounts, commingled investment funds, and non-discretionary advisory services, with no single client representing more than 2% of fee revenues. The company generates revenue through management fees based on assets under management or advisement, performance-based incentive fees and carried interest typically at 20% of profits, and subscription fees for its proprietary analytics platform, with fee streams derived from long-term contractual relationships subject to variability based on fundraising pace, deployment timing, and fund performance.