Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Jun. 30, 2022	Mar. 31, 2022
Assets
Fees receivable	$ 44,982,000	$ 51,869,000
Prepaid expenses	6,575,000	6,858,000
Due from related parties	3,780,000	1,872,000
Furniture, fixtures and equipment, net	29,410,000	28,842,000
Lease right-of-use assets, net	64,270,000	65,636,000
Investments	533,263,000	503,789,000
Deferred income taxes	246,089,000	245,046,000
Assets of consolidated variable interest entities:
Investments	533,263,000	503,789,000
Total assets	1,352,304,000	1,294,946,000
Liabilities, redeemable non-controlling interests and equity
Accounts payable	3,570,000	2,827,000
Accrued compensation and benefits	36,924,000	20,117,000
Accrued members’ distributions	10,754,000	27,119,000
Accrued dividend	14,800,000	12,947,000
Debt	220,885,000	171,326,000
Payable to related parties pursuant to tax receivable agreement	180,536,000	180,536,000
Lease liabilities	80,433,000	82,244,000
Liabilities of consolidated variable interest entities:
Total liabilities	585,330,000	557,460,000
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	163,129,000	161,676,000
Total Hamilton Lane Incorporated stockholders’ equity	368,507,000	346,878,000
Total equity	490,974,000	461,486,000
Total liabilities, redeemable non-controlling interests and equity	1,352,304,000	1,294,946,000
Class A Common Stock
Liabilities of consolidated variable interest entities:
Common stock	37,000	37,000
Class B Common Stock
Liabilities of consolidated variable interest entities:
Common stock	16,000	16,000
Consolidated Entity Excluding Variable Interest Entities (VIE)
Assets
Cash and cash equivalents	83,052,000	72,138,000
Restricted cash	3,996,000	4,023,000
Investments	533,263,000	503,789,000
Other assets	26,409,000	28,162,000
Assets of consolidated variable interest entities:
Cash and cash equivalents	83,052,000	72,138,000
Investments held in trust	3,996,000	4,023,000
Investments	533,263,000	503,789,000
Other assets	26,409,000	28,162,000
Liabilities, redeemable non-controlling interests and equity
Other liabilities (includes $12,931 and $13,818 at fair value)	26,786,000	47,669,000
Liabilities of consolidated variable interest entities:
Other liabilities	26,786,000	47,669,000
Primary Beneficiary
Assets
Cash and cash equivalents	144,000	36,000
Restricted cash	276,083,000	276,016,000
Investments	33,776,000	10,036,000
Other assets	475,000	623,000
Assets of consolidated variable interest entities:
Cash and cash equivalents	144,000	36,000
Investments held in trust	276,083,000	276,016,000
Investments	33,776,000	10,036,000
Other assets	475,000	623,000
Liabilities, redeemable non-controlling interests and equity
Other liabilities (includes $12,931 and $13,818 at fair value)	10,642,000	12,675,000
Liabilities of consolidated variable interest entities:
Other liabilities	10,642,000	12,675,000
Total liabilities	0	0
General Partnerships
Liabilities of consolidated variable interest entities:
Stockholders' equity attributable to noncontrolling interest	3,632,000	3,423,000
Hamilton Lane Advisors, L.L.C.
Liabilities of consolidated variable interest entities:
Retained earnings	205,325,000	185,149,000
Stockholders' equity attributable to noncontrolling interest	$ 118,835,000	$ 111,185,000