Hamilton Lane Incorporated detracted from the Alger Weatherbie Specialized Growth Fund's performance in the second quarter of 2026, as broader concerns around private credit and software exposure within private equity portfolios weighed on sentiment across the alternative asset management industry. The fund noted that while these concerns pressured the stock, Hamilton Lane's diversified portfolio exposure helps make the risks manageable. Hamilton Lane closed at $84.60 per share on July 20, 2026, with a market capitalization of $4.69 billion, posting a one-month return of 11.86% but losing 45.16% over the past 52 weeks. The stock was held by 30 hedge fund portfolios at the end of the first quarter, down from 35 in the previous quarter.
Hamilton Lane IncBroader concerns around private credit and software exposure within private equity portfolios weighed on sentiment across the alternative asset management industry, pressuring the stock.