Published on 21 Feb 2024 on Insider Monkey via Yahoo Finance

What Made Hamilton Lane Incorporated (HLNE) a Resilient Stock in 2023?

Polen Capital, an investment management company, released its “Polen U.S. Small Company Growth Strategy” fourth-quarter 2023 investor letter. A copy of the same can be downloaded here. In the fourth quarter, the fund delivered 10.46% gross and 10.22% net of fees compared to a 12.75% return for the Russell 2000 Growth Index. The firm views the performance in many respects as evidence of the stability of its investment approach in the face of frequent and significant market swings. In addition, please check the fund’s top five holdings to know its best picks in 2023.

Polen U.S. Small Company Growth Strategy featured stocks such as Hamilton Lane Incorporated (NASDAQ:HLNE) in its Q4 2023 investor letter. Based in Conshohocken, Pennsylvania, Hamilton Lane Incorporated (NASDAQ:HLNE) is a private equity firm. On February 21, 2024, Hamilton Lane Incorporated (NASDAQ:HLNE) stock closed at $116.91 per share. One-month return of Hamilton Lane Incorporated (NASDAQ:HLNE) was 2.10%, and its shares gained 50.68% of their value over the last 52 weeks. Hamilton Lane Incorporated (NASDAQ:HLNE) has a market capitalization of $6.377 billion.

Polen U.S. Small Company Growth Strategy stated the following regarding Hamilton Lane Incorporated (NASDAQ:HLNE) in its fourth quarter 2023 investor letter: