Condensed Consolidated Balance Sheets - USD ($)	Dec. 31, 2021	Mar. 31, 2021
Assets
Fees receivable	$ 47,085,000	$ 29,202,000
Prepaid expenses	5,912,000	6,143,000
Due from related parties	2,016,000	2,495,000
Furniture, fixtures and equipment, net	29,229,000	23,308,000
Lease right-of-use assets, net	67,023,000	64,384,000
Investments	483,320,000	368,836,000
Deferred income taxes	249,004,000	251,949,000
Assets of consolidated variable interest entities:
Investments	483,320,000	368,836,000
Total assets	1,279,453,000	1,136,519,000
Liabilities, redeemable non-controlling interests and equity
Accounts payable	2,190,000	2,173,000
Accrued compensation and benefits	48,282,000	29,415,000
Accrued members’ distributions	11,769,000	16,877,000
Accrued dividend	12,916,000	11,201,000
Debt	146,767,000	163,175,000
Payable to related parties pursuant to tax receivable agreement	187,252,000	194,764,000
Lease liabilities	83,720,000	75,281,000
Liabilities of consolidated variable interest entities:
Total liabilities	540,578,000	546,318,000
Commitments and contingencies (Note 16)
Redeemable non-controlling interests	276,000,000	276,000,000
Preferred stock, $0.001 par value, 10,000,000 authorized, none issued	0	0
Additional paid-in-capital	162,067,000	150,564,000
Total Hamilton Lane Incorporated stockholders’ equity	343,757,000	238,129,000
Total equity	462,875,000	314,201,000
Total liabilities, redeemable non-controlling interests and equity	1,279,453,000	1,136,519,000
Common Class A
Liabilities of consolidated variable interest entities:
Common stock	37,000	36,000
Common Class B
Liabilities of consolidated variable interest entities:
Common stock	16,000	17,000
Consolidated Entity Excluding Variable Interest Entities (VIE)
Assets
Cash and cash equivalents	78,838,000	87,025,000
Restricted cash	3,315,000	3,041,000
Investments	483,320,000	368,836,000
Other assets	28,553,000	17,821,000
Assets of consolidated variable interest entities:
Cash and cash equivalents	78,838,000	87,025,000
Investments held in trust	3,315,000	3,041,000
Investments	483,320,000	368,836,000
Other assets	28,553,000	17,821,000
Liabilities, redeemable non-controlling interests and equity
Other liabilities (includes $16,477 and $17,381 at fair value)	31,560,000	36,122,000
Liabilities of consolidated variable interest entities:
Other liabilities	31,560,000	36,122,000
Primary Beneficiary
Assets
Cash and cash equivalents	187,000	311,000
Restricted cash	276,009,000	276,003,000
Investments	8,294,000	4,787,000
Other assets	668,000	1,214,000
Assets of consolidated variable interest entities:
Cash and cash equivalents	187,000	311,000
Investments held in trust	276,009,000	276,003,000
Investments	8,294,000	4,787,000
Other assets	668,000	1,214,000
Liabilities, redeemable non-controlling interests and equity
Other liabilities (includes $16,477 and $17,381 at fair value)	16,122,000	17,310,000
Liabilities of consolidated variable interest entities:
Other liabilities	16,122,000	17,310,000
Total liabilities	0	0
General Partnerships
Liabilities of consolidated variable interest entities:
Stockholders' equity attributable to noncontrolling interest	2,941,000	2,211,000
Hamilton Lane Advisors, L.L.C.
Liabilities of consolidated variable interest entities:
Retained earnings	181,637,000	87,512,000
Stockholders' equity attributable to noncontrolling interest	$ 116,177,000	$ 73,861,000