Consolidated Balance Sheets - USD ($)	Mar. 31, 2021	Mar. 31, 2020
Assets
Cash and cash equivalents	$ 87,025,000	$ 50,124,000
Restricted cash	3,041,000	3,086,000
Fees receivable	29,202,000	30,384,000
Prepaid expenses	6,143,000	6,988,000
Due from related parties	2,495,000	2,605,000
Furniture, fixtures and equipment, net	23,308,000	7,402,000
Lease right-of-use assets, net	64,384,000	9,577,000
Investments	368,836,000	197,759,000
Deferred income taxes	251,949,000	137,941,000
Other assets	17,821,000	17,675,000
Assets of consolidated variable interest entities:
Cash and cash equivalents	87,025,000	50,124,000
Investments	368,836,000	197,759,000
Other assets	17,821,000	17,675,000
Total assets	1,136,519,000	473,529,000
Liabilities, redeemable non-controlling interests and equity
Accounts payable	2,173,000	1,968,000
Accrued compensation and benefits	29,415,000	10,804,000
Accrued members’ distributions	16,877,000	5,829,000
Accrued dividend	11,201,000	8,027,000
Debt	163,175,000	74,524,000
Payable to related parties pursuant to tax receivable agreement	194,764,000	98,956,000
Lease liabilities	75,281,000	10,184,000
Other liabilities (includes $17,381 and $13,394 at fair value)	36,122,000	22,132,000
Liabilities of consolidated variable interest entities:
Other liabilities	36,122,000	22,132,000
Total liabilities	546,318,000	236,128,000
Commitments and Contingencies (Note 15)
Redeemable non-controlling interests	276,000,000	0
Preferred stock, $0.001 par value, 10,000,000 authorized, none issued	0	0
Additional paid-in-capital	150,564,000	107,727,000
Total Hamilton Lane Incorporated stockholders’ equity	238,129,000	154,791,000
Total equity	314,201,000	237,401,000
Total liabilities, redeemable non-controlling interests and equity	1,136,519,000	473,529,000
Common Class A
Liabilities of consolidated variable interest entities:
Common stock	36,000	30,000
Common Class B
Liabilities of consolidated variable interest entities:
Common stock	17,000	22,000
Variable Interest Entity
Assets
Cash and cash equivalents	311,000	0
Investments	4,787,000	9,988,000
Other assets	1,214,000	0
Assets of consolidated variable interest entities:
Cash and cash equivalents	311,000	0
Investments held in trust	276,003,000	0
Investments	4,787,000	9,988,000
Other assets	1,214,000	0
Total assets	4,787,000	9,988,000
Liabilities, redeemable non-controlling interests and equity
Other liabilities (includes $17,381 and $13,394 at fair value)	17,310,000	0
Liabilities of consolidated variable interest entities:
Deferred incentive fee revenue	0	3,704,000
Other liabilities	17,310,000	0
Total liabilities	0	0
General Partnerships
Liabilities of consolidated variable interest entities:
Accumulated other comprehensive loss	0	(78,000)
Noncontrolling interests	2,211,000	4,853,000
Hamilton Lane Advisors, L.L.C.
Liabilities of consolidated variable interest entities:
Retained earnings	87,512,000	47,090,000
Noncontrolling interests	$ 73,861,000	$ 77,757,000