Hamilton Lane (HLNE) Adds European Leadership, Is The 51% Undervaluation Case Convincing?

Hamilton Lane stock reacts to sector pressure and new European leadership hire Hamilton Lane (HLNE) dropped 5.1% in a sector-wide asset management selloff, even as the firm expanded its European fund investment leadership with the appointment of Diana Celotto as Managing Director. The latest drop comes on top of a 30-day share price return down 18.54% and a year-to-date share price decline of 37.29%. However, the 90-day share price return is up 12.44%, while total shareholder return over five...