<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with the Workiva Platform-->
<!--Copyright 2026 Workiva-->
<!--r:2e34dbb3-efb2-4543-a719-c2a8b6b610f0,g:9a214ad5-1759-4f73-8e80-5b1f02e6e021-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:arcroleRef arcroleURI="https://xbrl.org/2023/arcrole/summation-item" xlink:type="simple" xlink:href="https://www.xbrl.org/2023/calculation-1.1.xsd#summation-item"/>
  <link:roleRef roleURI="http://www.hamiltonlane.com/role/ConsolidatedBalanceSheets" xlink:type="simple" xlink:href="hlne-20260331.xsd#ConsolidatedBalanceSheets"/>
  <link:calculationLink xlink:role="http://www.hamiltonlane.com/role/ConsolidatedBalanceSheets" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_7ab9c4f6-4ac9-4f33-8a76-9f584ab85e10" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockholdersEquity_3a028730-a074-4e4b-839a-d8f0371269a4" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockholdersEquity"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_7ab9c4f6-4ac9-4f33-8a76-9f584ab85e10" xlink:to="loc_us-gaap_StockholdersEquity_3a028730-a074-4e4b-839a-d8f0371269a4" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_MinorityInterest_9763fb83-ec5e-481f-bf4a-c49d7cf34234" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_MinorityInterest"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_7ab9c4f6-4ac9-4f33-8a76-9f584ab85e10" xlink:to="loc_us-gaap_MinorityInterest_9763fb83-ec5e-481f-bf4a-c49d7cf34234" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockholdersEquity_ee1dc1da-1fdc-4fa0-9e58-1e0244f152e3" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockholdersEquity"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AdditionalPaidInCapital_2ff32d06-b748-4d7f-a3b6-21cbe3635ef9" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AdditionalPaidInCapital"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_ee1dc1da-1fdc-4fa0-9e58-1e0244f152e3" xlink:to="loc_us-gaap_AdditionalPaidInCapital_2ff32d06-b748-4d7f-a3b6-21cbe3635ef9" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RetainedEarningsAccumulatedDeficit_177cb4e3-9c7d-410e-8d53-7e2ac75f01bd" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RetainedEarningsAccumulatedDeficit"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_ee1dc1da-1fdc-4fa0-9e58-1e0244f152e3" xlink:to="loc_us-gaap_RetainedEarningsAccumulatedDeficit_177cb4e3-9c7d-410e-8d53-7e2ac75f01bd" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommonStockValue_a3d37ffe-61da-4286-a987-c38485d20be8" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockValue"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_ee1dc1da-1fdc-4fa0-9e58-1e0244f152e3" xlink:to="loc_us-gaap_CommonStockValue_a3d37ffe-61da-4286-a987-c38485d20be8" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_884c42c1-bfdf-43c1-8292-0418fe82694d" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_ee1dc1da-1fdc-4fa0-9e58-1e0244f152e3" xlink:to="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_884c42c1-bfdf-43c1-8292-0418fe82694d" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_Assets_e056ae8a-8cb2-4ad9-b205-49df0aeb11a6" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_Assets"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherAssets_6fe8eb57-983c-4cdc-8a3f-f5705731f756" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherAssets"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_e056ae8a-8cb2-4ad9-b205-49df0aeb11a6" xlink:to="loc_us-gaap_OtherAssets_6fe8eb57-983c-4cdc-8a3f-f5705731f756" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_hlne_FeesReceivable_05e75a3d-20d2-4da3-b44d-c2862cee33d5" xlink:href="hlne-20260331.xsd#hlne_FeesReceivable"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_e056ae8a-8cb2-4ad9-b205-49df0aeb11a6" xlink:to="loc_hlne_FeesReceivable_05e75a3d-20d2-4da3-b44d-c2862cee33d5" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RestrictedCash_a7fb94bf-732c-45bf-a134-7a73d7d5d411" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RestrictedCash"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_e056ae8a-8cb2-4ad9-b205-49df0aeb11a6" xlink:to="loc_us-gaap_RestrictedCash_a7fb94bf-732c-45bf-a134-7a73d7d5d411" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentNet_7b135655-8793-4c50-8d65-aa9bcdc7b55e" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PropertyPlantAndEquipmentNet"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_e056ae8a-8cb2-4ad9-b205-49df0aeb11a6" xlink:to="loc_us-gaap_PropertyPlantAndEquipmentNet_7b135655-8793-4c50-8d65-aa9bcdc7b55e" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_0e629820-d730-4821-9917-97037da4a161" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue"/>
    <link:calculationArc order="5" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_e056ae8a-8cb2-4ad9-b205-49df0aeb11a6" xlink:to="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_0e629820-d730-4821-9917-97037da4a161" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_397d4d5d-f33e-4c59-856b-740018cb0d68" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures"/>
    <link:calculationArc order="6" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_e056ae8a-8cb2-4ad9-b205-49df0aeb11a6" xlink:to="loc_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_397d4d5d-f33e-4c59-856b-740018cb0d68" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherReceivablesNetCurrent_f6bc1658-3d2e-4b30-86de-148cb7ef168c" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherReceivablesNetCurrent"/>
    <link:calculationArc order="7" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_e056ae8a-8cb2-4ad9-b205-49df0aeb11a6" xlink:to="loc_us-gaap_OtherReceivablesNetCurrent_f6bc1658-3d2e-4b30-86de-148cb7ef168c" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OperatingLeaseRightOfUseAsset_a73823e5-6819-48fd-a11c-6290d6805612" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingLeaseRightOfUseAsset"/>
    <link:calculationArc order="8" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_e056ae8a-8cb2-4ad9-b205-49df0aeb11a6" xlink:to="loc_us-gaap_OperatingLeaseRightOfUseAsset_a73823e5-6819-48fd-a11c-6290d6805612" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DeferredIncomeTaxAssetsNet_fd6bdc2c-36aa-4579-b9b1-b7fb21913fed" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DeferredIncomeTaxAssetsNet"/>
    <link:calculationArc order="9" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_e056ae8a-8cb2-4ad9-b205-49df0aeb11a6" xlink:to="loc_us-gaap_DeferredIncomeTaxAssetsNet_fd6bdc2c-36aa-4579-b9b1-b7fb21913fed" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PrepaidExpenseCurrentAndNoncurrent_7e3545ae-ab71-4bb4-b7b9-34151d9799b9" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PrepaidExpenseCurrentAndNoncurrent"/>
    <link:calculationArc order="10" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_e056ae8a-8cb2-4ad9-b205-49df0aeb11a6" xlink:to="loc_us-gaap_PrepaidExpenseCurrentAndNoncurrent_7e3545ae-ab71-4bb4-b7b9-34151d9799b9" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquity_7f750f34-35e3-4f86-b131-8ad1b28e6a98" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LiabilitiesAndStockholdersEquity"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_Liabilities_0f863dc3-0b84-460c-bd6f-a5bb4c130683" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_Liabilities"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_7f750f34-35e3-4f86-b131-8ad1b28e6a98" xlink:to="loc_us-gaap_Liabilities_0f863dc3-0b84-460c-bd6f-a5bb4c130683" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_ec6dabd8-45c2-4076-ac69-af720e37dfdc" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_7f750f34-35e3-4f86-b131-8ad1b28e6a98" xlink:to="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_ec6dabd8-45c2-4076-ac69-af720e37dfdc" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommitmentsAndContingencies_9b5b1efb-14d6-46a5-835d-d87d86c2d103" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommitmentsAndContingencies"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_7f750f34-35e3-4f86-b131-8ad1b28e6a98" xlink:to="loc_us-gaap_CommitmentsAndContingencies_9b5b1efb-14d6-46a5-835d-d87d86c2d103" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_Liabilities_821d5c89-d8d1-4955-bba2-8f8935fc9162" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_Liabilities"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccountsPayableCurrentAndNoncurrent_3a88b799-cb03-415e-8a9d-f1bf1f705b28" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccountsPayableCurrentAndNoncurrent"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_821d5c89-d8d1-4955-bba2-8f8935fc9162" xlink:to="loc_us-gaap_AccountsPayableCurrentAndNoncurrent_3a88b799-cb03-415e-8a9d-f1bf1f705b28" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EmployeeRelatedLiabilitiesCurrentAndNoncurrent_a7d67378-5924-4a24-ab8f-bfcdc38a34c7" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EmployeeRelatedLiabilitiesCurrentAndNoncurrent"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_821d5c89-d8d1-4955-bba2-8f8935fc9162" xlink:to="loc_us-gaap_EmployeeRelatedLiabilitiesCurrentAndNoncurrent_a7d67378-5924-4a24-ab8f-bfcdc38a34c7" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_hlne_MemberDistributionPayable_c6f3c35c-e42a-4698-b269-fe28de547f1a" xlink:href="hlne-20260331.xsd#hlne_MemberDistributionPayable"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_821d5c89-d8d1-4955-bba2-8f8935fc9162" xlink:to="loc_hlne_MemberDistributionPayable_c6f3c35c-e42a-4698-b269-fe28de547f1a" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DividendsPayableCurrentAndNoncurrent_faf2e21f-752c-4211-a5ad-ccd928903686" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DividendsPayableCurrentAndNoncurrent"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_821d5c89-d8d1-4955-bba2-8f8935fc9162" xlink:to="loc_us-gaap_DividendsPayableCurrentAndNoncurrent_faf2e21f-752c-4211-a5ad-ccd928903686" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LongTermDebt_73341a83-0208-4c45-b34d-24737baab8c0" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LongTermDebt"/>
    <link:calculationArc order="5" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_821d5c89-d8d1-4955-bba2-8f8935fc9162" xlink:to="loc_us-gaap_LongTermDebt_73341a83-0208-4c45-b34d-24737baab8c0" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccountsPayableOtherCurrentAndNoncurrent_c998a308-606e-41a2-bd7e-72754e470e75" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccountsPayableOtherCurrentAndNoncurrent"/>
    <link:calculationArc order="6" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_821d5c89-d8d1-4955-bba2-8f8935fc9162" xlink:to="loc_us-gaap_AccountsPayableOtherCurrentAndNoncurrent_c998a308-606e-41a2-bd7e-72754e470e75" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OperatingLeaseLiability_d598972e-46d8-41d2-b4bd-def27e79aaab" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingLeaseLiability"/>
    <link:calculationArc order="7" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_821d5c89-d8d1-4955-bba2-8f8935fc9162" xlink:to="loc_us-gaap_OperatingLeaseLiability_d598972e-46d8-41d2-b4bd-def27e79aaab" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherLiabilities_9a6468f4-a3ef-41ff-9c15-0b2ff0f02333" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherLiabilities"/>
    <link:calculationArc order="8" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_821d5c89-d8d1-4955-bba2-8f8935fc9162" xlink:to="loc_us-gaap_OtherLiabilities_9a6468f4-a3ef-41ff-9c15-0b2ff0f02333" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_hlne_SubscriptionsReceivedInAdvance_019d682f-7179-7a16-a8d1-af217b537ad4" xlink:href="hlne-20260331.xsd#hlne_SubscriptionsReceivedInAdvance"/>
    <link:calculationArc order="9" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_821d5c89-d8d1-4955-bba2-8f8935fc9162" xlink:to="loc_hlne_SubscriptionsReceivedInAdvance_019d682f-7179-7a16-a8d1-af217b537ad4" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.hamiltonlane.com/role/ConsolidatedStatementsofIncome" xlink:type="simple" xlink:href="hlne-20260331.xsd#ConsolidatedStatementsofIncome"/>
  <link:calculationLink xlink:role="http://www.hamiltonlane.com/role/ConsolidatedStatementsofIncome" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OperatingExpenses_4ee0902b-7a75-44b8-8588-e6a1ac808649" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingExpenses"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LaborAndRelatedExpense_307c416c-2b66-49b9-85ef-0b6eff3ecd47" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LaborAndRelatedExpense"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_4ee0902b-7a75-44b8-8588-e6a1ac808649" xlink:to="loc_us-gaap_LaborAndRelatedExpense_307c416c-2b66-49b9-85ef-0b6eff3ecd47" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherGeneralAndAdministrativeExpense_b31aaa83-e0c3-4699-98af-55272de6fc58" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherGeneralAndAdministrativeExpense"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_4ee0902b-7a75-44b8-8588-e6a1ac808649" xlink:to="loc_us-gaap_OtherGeneralAndAdministrativeExpense_b31aaa83-e0c3-4699-98af-55272de6fc58" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProfitLoss_7e7d1426-7005-480d-aa79-53a0e39ea576" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProfitLoss"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_09bd6ebc-f9a8-420e-ba35-350793ad1a3f" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_ProfitLoss_7e7d1426-7005-480d-aa79-53a0e39ea576" xlink:to="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_09bd6ebc-f9a8-420e-ba35-350793ad1a3f" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_8e9d34b5-5686-42e8-8ee5-86a0487333f0" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeTaxExpenseBenefit"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_ProfitLoss_7e7d1426-7005-480d-aa79-53a0e39ea576" xlink:to="loc_us-gaap_IncomeTaxExpenseBenefit_8e9d34b5-5686-42e8-8ee5-86a0487333f0" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLoss_3132510c-9349-4340-9220-5196ab75fd1d" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetIncomeLoss"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProfitLoss_b754d96c-bf22-481d-a6ec-124c063028ba" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProfitLoss"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLoss_3132510c-9349-4340-9220-5196ab75fd1d" xlink:to="loc_us-gaap_ProfitLoss_b754d96c-bf22-481d-a6ec-124c063028ba" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_5da11f6b-ca9d-419c-bc93-b7c14c21dfa8" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetIncomeLossAttributableToNoncontrollingInterest"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLoss_3132510c-9349-4340-9220-5196ab75fd1d" xlink:to="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_5da11f6b-ca9d-419c-bc93-b7c14c21dfa8" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NonoperatingIncomeExpense_32d07b75-a10d-4b28-9ef6-f0a5e683a5a7" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NonoperatingIncomeExpense"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InvestmentIncomeNonoperating_dbb2ddb4-bbff-4ade-9e63-2c5361752e52" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentIncomeNonoperating"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NonoperatingIncomeExpense_32d07b75-a10d-4b28-9ef6-f0a5e683a5a7" xlink:to="loc_us-gaap_InvestmentIncomeNonoperating_dbb2ddb4-bbff-4ade-9e63-2c5361752e52" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_GainLossOnInvestments_77b44c72-3e82-406b-b957-486f22520abc" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_GainLossOnInvestments"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NonoperatingIncomeExpense_32d07b75-a10d-4b28-9ef6-f0a5e683a5a7" xlink:to="loc_us-gaap_GainLossOnInvestments_77b44c72-3e82-406b-b957-486f22520abc" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_VariableInterestEntityActivityBetweenVIEAndEntityOperatingIncomeOrLoss_465296f1-9606-4980-bc1d-b63cc8c2d9b4" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_VariableInterestEntityActivityBetweenVIEAndEntityOperatingIncomeOrLoss"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NonoperatingIncomeExpense_32d07b75-a10d-4b28-9ef6-f0a5e683a5a7" xlink:to="loc_us-gaap_VariableInterestEntityActivityBetweenVIEAndEntityOperatingIncomeOrLoss_465296f1-9606-4980-bc1d-b63cc8c2d9b4" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestExpenseNonoperating_389543ab-a409-4b5e-96c5-841a351943a9" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestExpenseNonoperating"/>
    <link:calculationArc order="4" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NonoperatingIncomeExpense_32d07b75-a10d-4b28-9ef6-f0a5e683a5a7" xlink:to="loc_us-gaap_InterestExpenseNonoperating_389543ab-a409-4b5e-96c5-841a351943a9" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherNonoperatingIncomeExpense_8042d55e-1eb7-4943-82b1-99d2c1ea5fe9" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherNonoperatingIncomeExpense"/>
    <link:calculationArc order="5" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NonoperatingIncomeExpense_32d07b75-a10d-4b28-9ef6-f0a5e683a5a7" xlink:to="loc_us-gaap_OtherNonoperatingIncomeExpense_8042d55e-1eb7-4943-82b1-99d2c1ea5fe9" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeLossFromEquityMethodInvestments_3b4898f8-5e8f-437a-9ee6-3ca7b19b49de" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeLossFromEquityMethodInvestments"/>
    <link:calculationArc order="6" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NonoperatingIncomeExpense_32d07b75-a10d-4b28-9ef6-f0a5e683a5a7" xlink:to="loc_us-gaap_IncomeLossFromEquityMethodInvestments_3b4898f8-5e8f-437a-9ee6-3ca7b19b49de" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_cb707a31-bac0-49b4-89e1-c3028e87dffb" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NonoperatingIncomeExpense_196cadfc-3cf6-42f7-b5da-e12559536bb9" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NonoperatingIncomeExpense"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_cb707a31-bac0-49b4-89e1-c3028e87dffb" xlink:to="loc_us-gaap_NonoperatingIncomeExpense_196cadfc-3cf6-42f7-b5da-e12559536bb9" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OperatingExpenses_96380e00-9be2-4e06-85bf-7c69aa11d9b3" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingExpenses"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_cb707a31-bac0-49b4-89e1-c3028e87dffb" xlink:to="loc_us-gaap_OperatingExpenses_96380e00-9be2-4e06-85bf-7c69aa11d9b3" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax_43836fa1-8871-460e-b876-c2fa4915419e" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_cb707a31-bac0-49b4-89e1-c3028e87dffb" xlink:to="loc_us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax_43836fa1-8871-460e-b876-c2fa4915419e" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.hamiltonlane.com/role/ConsolidatedStatementsofComprehensiveIncome" xlink:type="simple" xlink:href="hlne-20260331.xsd#ConsolidatedStatementsofComprehensiveIncome"/>
  <link:calculationLink xlink:role="http://www.hamiltonlane.com/role/ConsolidatedStatementsofComprehensiveIncome" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_a2cddf04-94a1-4364-84f7-8ad8690db4ea" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTax"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_b4761246-fcd3-4f9d-8e61-20a10c06edf3" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_a2cddf04-94a1-4364-84f7-8ad8690db4ea" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_b4761246-fcd3-4f9d-8e61-20a10c06edf3" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_4256c334-85fe-4533-997d-ff3ce5b96166" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_36ad4647-53f2-404a-85ab-67fd43f9fab7" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTax"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_4256c334-85fe-4533-997d-ff3ce5b96166" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_36ad4647-53f2-404a-85ab-67fd43f9fab7" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProfitLoss_581bc502-ea3b-4633-ae78-f5689b73a0a0" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProfitLoss"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_4256c334-85fe-4533-997d-ff3ce5b96166" xlink:to="loc_us-gaap_ProfitLoss_581bc502-ea3b-4633-ae78-f5689b73a0a0" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTax_56260093-46ff-4a99-af3e-4eeac10ac4e1" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ComprehensiveIncomeNetOfTax"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_ea568ed5-6801-48ad-85db-e806c5668fe1" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest"/>
    <link:calculationArc order="1" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTax_56260093-46ff-4a99-af3e-4eeac10ac4e1" xlink:to="loc_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_ea568ed5-6801-48ad-85db-e806c5668fe1" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_2241b62d-654c-4b57-aa43-d8ea2cbec69d" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTax_56260093-46ff-4a99-af3e-4eeac10ac4e1" xlink:to="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_2241b62d-654c-4b57-aa43-d8ea2cbec69d" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.hamiltonlane.com/role/ConsolidatedStatementsofCashFlows" xlink:type="simple" xlink:href="hlne-20260331.xsd#ConsolidatedStatementsofCashFlows"/>
  <link:calculationLink xlink:role="http://www.hamiltonlane.com/role/ConsolidatedStatementsofCashFlows" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_b89ee802-9194-45a0-8d6c-4c18bb0c73a4" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProfitLoss_6d856cc4-2093-4ff4-ab6f-c03cc5c4ea18" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProfitLoss"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_b89ee802-9194-45a0-8d6c-4c18bb0c73a4" xlink:to="loc_us-gaap_ProfitLoss_6d856cc4-2093-4ff4-ab6f-c03cc5c4ea18" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DepreciationDepletionAndAmortization_ba2e4a83-9105-40fe-af08-d246ba1ee730" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DepreciationDepletionAndAmortization"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_b89ee802-9194-45a0-8d6c-4c18bb0c73a4" xlink:to="loc_us-gaap_DepreciationDepletionAndAmortization_ba2e4a83-9105-40fe-af08-d246ba1ee730" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_b312465e-7cb6-418c-ad77-96033fa746e8" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInDeferredIncomeTaxes"/>
    <link:calculationArc order="3" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_b89ee802-9194-45a0-8d6c-4c18bb0c73a4" xlink:to="loc_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_b312465e-7cb6-418c-ad77-96033fa746e8" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_hlne_IncreaseDecreaseInPayableToRelatedPartiesPursuantToTaxReceivableAgreement_3d746d54-9552-45b5-9fa9-4815f83791b0" xlink:href="hlne-20260331.xsd#hlne_IncreaseDecreaseInPayableToRelatedPartiesPursuantToTaxReceivableAgreement"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_b89ee802-9194-45a0-8d6c-4c18bb0c73a4" xlink:to="loc_hlne_IncreaseDecreaseInPayableToRelatedPartiesPursuantToTaxReceivableAgreement_3d746d54-9552-45b5-9fa9-4815f83791b0" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ShareBasedCompensation_d5c24224-707d-455b-8ad1-6c132864eda2" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ShareBasedCompensation"/>
    <link:calculationArc order="5" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_b89ee802-9194-45a0-8d6c-4c18bb0c73a4" xlink:to="loc_us-gaap_ShareBasedCompensation_d5c24224-707d-455b-8ad1-6c132864eda2" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_hlne_EquityBasedConsiderationPayableToCustomer_019dfae6-c91d-7e2c-876b-c0445297898f" xlink:href="hlne-20260331.xsd#hlne_EquityBasedConsiderationPayableToCustomer"/>
    <link:calculationArc order="6" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_b89ee802-9194-45a0-8d6c-4c18bb0c73a4" xlink:to="loc_hlne_EquityBasedConsiderationPayableToCustomer_019dfae6-c91d-7e2c-876b-c0445297898f" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeLossFromEquityMethodInvestments_2db2c6d0-5fa1-40bb-8195-496819d5ebb4" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeLossFromEquityMethodInvestments"/>
    <link:calculationArc order="7" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_b89ee802-9194-45a0-8d6c-4c18bb0c73a4" xlink:to="loc_us-gaap_IncomeLossFromEquityMethodInvestments_2db2c6d0-5fa1-40bb-8195-496819d5ebb4" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_GainLossOnSaleOfInvestments_e83ed551-2765-4cbb-9d5f-b29b546697de" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_GainLossOnSaleOfInvestments"/>
    <link:calculationArc order="8" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_b89ee802-9194-45a0-8d6c-4c18bb0c73a4" xlink:to="loc_us-gaap_GainLossOnSaleOfInvestments_e83ed551-2765-4cbb-9d5f-b29b546697de" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_UnrealizedGainLossOnInvestments_50cb3f82-a36d-40da-abcc-a38caa3c0846" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_UnrealizedGainLossOnInvestments"/>
    <link:calculationArc order="9" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_b89ee802-9194-45a0-8d6c-4c18bb0c73a4" xlink:to="loc_us-gaap_UnrealizedGainLossOnInvestments_50cb3f82-a36d-40da-abcc-a38caa3c0846" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EquityMethodInvestmentDividendsOrDistributions_07cda703-f986-4103-8efc-6bd039e9a7d5" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EquityMethodInvestmentDividendsOrDistributions"/>
    <link:calculationArc order="10" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_b89ee802-9194-45a0-8d6c-4c18bb0c73a4" xlink:to="loc_us-gaap_EquityMethodInvestmentDividendsOrDistributions_07cda703-f986-4103-8efc-6bd039e9a7d5" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_hlne_NoncashLeaseExpense_6f8bd103-3765-43c3-9762-969dfd40d665" xlink:href="hlne-20260331.xsd#hlne_NoncashLeaseExpense"/>
    <link:calculationArc order="11" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_b89ee802-9194-45a0-8d6c-4c18bb0c73a4" xlink:to="loc_hlne_NoncashLeaseExpense_6f8bd103-3765-43c3-9762-969dfd40d665" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherOperatingActivitiesCashFlowStatement_ceee55da-64b6-402c-8182-498da9582790" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherOperatingActivitiesCashFlowStatement"/>
    <link:calculationArc order="12" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_b89ee802-9194-45a0-8d6c-4c18bb0c73a4" xlink:to="loc_us-gaap_OtherOperatingActivitiesCashFlowStatement_ceee55da-64b6-402c-8182-498da9582790" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_hlne_IncreaseDecreaseInFeesReceivable_55da8443-4353-4120-ab22-9533f802e5f4" xlink:href="hlne-20260331.xsd#hlne_IncreaseDecreaseInFeesReceivable"/>
    <link:calculationArc order="13" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_b89ee802-9194-45a0-8d6c-4c18bb0c73a4" xlink:to="loc_hlne_IncreaseDecreaseInFeesReceivable_55da8443-4353-4120-ab22-9533f802e5f4" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInPrepaidExpense_b6a7a47e-e493-4ab1-8fe1-8985f5ec890f" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInPrepaidExpense"/>
    <link:calculationArc order="14" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_b89ee802-9194-45a0-8d6c-4c18bb0c73a4" xlink:to="loc_us-gaap_IncreaseDecreaseInPrepaidExpense_b6a7a47e-e493-4ab1-8fe1-8985f5ec890f" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInDueFromRelatedParties_976b0459-a772-4648-b71d-4b90d795e787" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInDueFromRelatedParties"/>
    <link:calculationArc order="15" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_b89ee802-9194-45a0-8d6c-4c18bb0c73a4" xlink:to="loc_us-gaap_IncreaseDecreaseInDueFromRelatedParties_976b0459-a772-4648-b71d-4b90d795e787" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherOperatingAssets_53fe21fd-69c3-4ec7-94a4-080af6e4774f" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInOtherOperatingAssets"/>
    <link:calculationArc order="16" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_b89ee802-9194-45a0-8d6c-4c18bb0c73a4" xlink:to="loc_us-gaap_IncreaseDecreaseInOtherOperatingAssets_53fe21fd-69c3-4ec7-94a4-080af6e4774f" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsPayable_373a5a90-68bd-4cf4-bdec-f529a8d4e059" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInAccountsPayable"/>
    <link:calculationArc order="17" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_b89ee802-9194-45a0-8d6c-4c18bb0c73a4" xlink:to="loc_us-gaap_IncreaseDecreaseInAccountsPayable_373a5a90-68bd-4cf4-bdec-f529a8d4e059" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities_e9c5c1c2-be72-4e84-9e69-0cff517281a5" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities"/>
    <link:calculationArc order="18" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_b89ee802-9194-45a0-8d6c-4c18bb0c73a4" xlink:to="loc_us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities_e9c5c1c2-be72-4e84-9e69-0cff517281a5" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_hlne_IncreaseDecreaseInLeaseLiabilities_7f351a25-3e3e-457a-a7e9-83a7c57407da" xlink:href="hlne-20260331.xsd#hlne_IncreaseDecreaseInLeaseLiabilities"/>
    <link:calculationArc order="19" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_b89ee802-9194-45a0-8d6c-4c18bb0c73a4" xlink:to="loc_hlne_IncreaseDecreaseInLeaseLiabilities_7f351a25-3e3e-457a-a7e9-83a7c57407da" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_b8d3f333-d7b0-41fe-bd89-3d59345935a0" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInOtherOperatingLiabilities"/>
    <link:calculationArc order="20" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_b89ee802-9194-45a0-8d6c-4c18bb0c73a4" xlink:to="loc_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_b8d3f333-d7b0-41fe-bd89-3d59345935a0" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CashDivestedFromDeconsolidation_74d17057-2f4b-45fc-b8a6-c5c5d396edbb" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CashDivestedFromDeconsolidation"/>
    <link:calculationArc order="21" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_b89ee802-9194-45a0-8d6c-4c18bb0c73a4" xlink:to="loc_us-gaap_CashDivestedFromDeconsolidation_74d17057-2f4b-45fc-b8a6-c5c5d396edbb" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_VariableInterestEntityActivityBetweenVIEAndEntityOperatingIncomeOrLoss_dcedf9c0-ccca-4ee0-9299-821c9989cb2e" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_VariableInterestEntityActivityBetweenVIEAndEntityOperatingIncomeOrLoss"/>
    <link:calculationArc order="22" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_b89ee802-9194-45a0-8d6c-4c18bb0c73a4" xlink:to="loc_us-gaap_VariableInterestEntityActivityBetweenVIEAndEntityOperatingIncomeOrLoss_dcedf9c0-ccca-4ee0-9299-821c9989cb2e" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_d58016d1-3d9e-43fb-8cf2-d3dee93365f7" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet"/>
    <link:calculationArc order="23" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_b89ee802-9194-45a0-8d6c-4c18bb0c73a4" xlink:to="loc_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_d58016d1-3d9e-43fb-8cf2-d3dee93365f7" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_e5e3a9fc-35f5-45f7-a621-d5a83a01fc94" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfCommonStock_a818c62e-bc66-4bdd-aa17-0c30095702e7" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromIssuanceOfCommonStock"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_e5e3a9fc-35f5-45f7-a621-d5a83a01fc94" xlink:to="loc_us-gaap_ProceedsFromIssuanceOfCommonStock_a818c62e-bc66-4bdd-aa17-0c30095702e7" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_hlne_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPPurchaseOfMembershipInterest_741ce134-a09f-45e7-8bda-c74f82c0a531" xlink:href="hlne-20260331.xsd#hlne_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPPurchaseOfMembershipInterest"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_e5e3a9fc-35f5-45f7-a621-d5a83a01fc94" xlink:to="loc_hlne_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPPurchaseOfMembershipInterest_741ce134-a09f-45e7-8bda-c74f82c0a531" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt_d2898be2-8cf8-4ba0-b0fd-6a5dc75260fc" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_e5e3a9fc-35f5-45f7-a621-d5a83a01fc94" xlink:to="loc_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt_d2898be2-8cf8-4ba0-b0fd-6a5dc75260fc" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RepaymentsOfSeniorDebt_ec60ea96-8105-4ff1-af1c-68ac75d8c466" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RepaymentsOfSeniorDebt"/>
    <link:calculationArc order="4" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_e5e3a9fc-35f5-45f7-a621-d5a83a01fc94" xlink:to="loc_us-gaap_RepaymentsOfSeniorDebt_ec60ea96-8105-4ff1-af1c-68ac75d8c466" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromLinesOfCredit_8249b131-44cb-4e93-83a1-06bb7bc93474" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromLinesOfCredit"/>
    <link:calculationArc order="5" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_e5e3a9fc-35f5-45f7-a621-d5a83a01fc94" xlink:to="loc_us-gaap_ProceedsFromLinesOfCredit_8249b131-44cb-4e93-83a1-06bb7bc93474" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RepaymentsOfLinesOfCredit_0e293b3e-0143-4108-8158-57684bed7c8c" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RepaymentsOfLinesOfCredit"/>
    <link:calculationArc order="6" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_e5e3a9fc-35f5-45f7-a621-d5a83a01fc94" xlink:to="loc_us-gaap_RepaymentsOfLinesOfCredit_0e293b3e-0143-4108-8158-57684bed7c8c" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsForRepurchaseOfCommonStock_433eeb85-955a-437d-beb5-2d6bd2e051ad" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock"/>
    <link:calculationArc order="7" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_e5e3a9fc-35f5-45f7-a621-d5a83a01fc94" xlink:to="loc_us-gaap_PaymentsForRepurchaseOfCommonStock_433eeb85-955a-437d-beb5-2d6bd2e051ad" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation_c85a6ab9-b590-423d-add2-52193cf097a9" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation"/>
    <link:calculationArc order="8" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_e5e3a9fc-35f5-45f7-a621-d5a83a01fc94" xlink:to="loc_us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation_c85a6ab9-b590-423d-add2-52193cf097a9" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions_583a171d-fd31-457d-bfb5-7eb7b6e6d02b" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions"/>
    <link:calculationArc order="9" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_e5e3a9fc-35f5-45f7-a621-d5a83a01fc94" xlink:to="loc_us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions_583a171d-fd31-457d-bfb5-7eb7b6e6d02b" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RepaymentsOfRelatedPartyDebt_b5fa92c4-ebe5-4461-84f1-8f83bc5bbeb7" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RepaymentsOfRelatedPartyDebt"/>
    <link:calculationArc order="10" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_e5e3a9fc-35f5-45f7-a621-d5a83a01fc94" xlink:to="loc_us-gaap_RepaymentsOfRelatedPartyDebt_b5fa92c4-ebe5-4461-84f1-8f83bc5bbeb7" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsOfDividends_25b07046-6353-44db-aaf8-03fc1631b597" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PaymentsOfDividends"/>
    <link:calculationArc order="11" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_e5e3a9fc-35f5-45f7-a621-d5a83a01fc94" xlink:to="loc_us-gaap_PaymentsOfDividends_25b07046-6353-44db-aaf8-03fc1631b597" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsPaid_4cf1ae5f-8756-470e-a5cb-4f0f4ea7b157" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsPaid"/>
    <link:calculationArc order="12" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_e5e3a9fc-35f5-45f7-a621-d5a83a01fc94" xlink:to="loc_us-gaap_DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsPaid_4cf1ae5f-8756-470e-a5cb-4f0f4ea7b157" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromMinorityShareholders_28324c4d-158c-408a-82e0-9b0002d93911" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromMinorityShareholders"/>
    <link:calculationArc order="13" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_e5e3a9fc-35f5-45f7-a621-d5a83a01fc94" xlink:to="loc_us-gaap_ProceedsFromMinorityShareholders_28324c4d-158c-408a-82e0-9b0002d93911" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsToMinorityShareholders_269b4ae3-fbd6-4da1-b12a-5e6be5fdc26f" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PaymentsToMinorityShareholders"/>
    <link:calculationArc order="14" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_e5e3a9fc-35f5-45f7-a621-d5a83a01fc94" xlink:to="loc_us-gaap_PaymentsToMinorityShareholders_269b4ae3-fbd6-4da1-b12a-5e6be5fdc26f" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_87f95e68-6de9-40e9-8772-2578c0637c0e" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_6e964043-660c-400b-9c6e-f727a337dcf8" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment"/>
    <link:calculationArc order="1" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_87f95e68-6de9-40e9-8772-2578c0637c0e" xlink:to="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_6e964043-660c-400b-9c6e-f727a337dcf8" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsToAcquireOtherInvestments_0b9c0755-e746-49cc-9892-3c7450baeab6" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PaymentsToAcquireOtherInvestments"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_87f95e68-6de9-40e9-8772-2578c0637c0e" xlink:to="loc_us-gaap_PaymentsToAcquireOtherInvestments_0b9c0755-e746-49cc-9892-3c7450baeab6" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromSaleOfOtherInvestments_5c0a1be5-bc59-4bef-b0d6-324a69a17e0f" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromSaleOfOtherInvestments"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_87f95e68-6de9-40e9-8772-2578c0637c0e" xlink:to="loc_us-gaap_ProceedsFromSaleOfOtherInvestments_5c0a1be5-bc59-4bef-b0d6-324a69a17e0f" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_hlne_ProceedsFromSaleOfConsolidatedFund_e776b57a-00cb-4cdf-a2e1-b4a4a30bd337" xlink:href="hlne-20260331.xsd#hlne_ProceedsFromSaleOfConsolidatedFund"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_87f95e68-6de9-40e9-8772-2578c0637c0e" xlink:to="loc_hlne_ProceedsFromSaleOfConsolidatedFund_e776b57a-00cb-4cdf-a2e1-b4a4a30bd337" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromSaleOfIntangibleAssets_17615ab4-9805-4160-846f-ccb33114fbf8" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromSaleOfIntangibleAssets"/>
    <link:calculationArc order="5" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_87f95e68-6de9-40e9-8772-2578c0637c0e" xlink:to="loc_us-gaap_ProceedsFromSaleOfIntangibleAssets_17615ab4-9805-4160-846f-ccb33114fbf8" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital_0470da30-b729-40cf-b82e-d8e71bb6080c" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital"/>
    <link:calculationArc order="6" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_87f95e68-6de9-40e9-8772-2578c0637c0e" xlink:to="loc_us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital_0470da30-b729-40cf-b82e-d8e71bb6080c" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_hlne_PaymentsToEquityMethodInvestmentCapitalContribution_8eff6fb6-2d31-4bc8-9d19-642217a2fd5d" xlink:href="hlne-20260331.xsd#hlne_PaymentsToEquityMethodInvestmentCapitalContribution"/>
    <link:calculationArc order="7" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_87f95e68-6de9-40e9-8772-2578c0637c0e" xlink:to="loc_hlne_PaymentsToEquityMethodInvestmentCapitalContribution_8eff6fb6-2d31-4bc8-9d19-642217a2fd5d" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_hlne_ProceedsFromDistributionsFromOtherInvestments_d7709433-029e-4771-b19d-edbf9631f333" xlink:href="hlne-20260331.xsd#hlne_ProceedsFromDistributionsFromOtherInvestments"/>
    <link:calculationArc order="8" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_87f95e68-6de9-40e9-8772-2578c0637c0e" xlink:to="loc_hlne_ProceedsFromDistributionsFromOtherInvestments_d7709433-029e-4771-b19d-edbf9631f333" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_hlne_ProceedsFromDeconsolidationOfConsolidatedFundsInvestingActivities_a4ddec63-4ca2-47c7-a4da-9f6635bb815a" xlink:href="hlne-20260331.xsd#hlne_ProceedsFromDeconsolidationOfConsolidatedFundsInvestingActivities"/>
    <link:calculationArc order="9" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_87f95e68-6de9-40e9-8772-2578c0637c0e" xlink:to="loc_hlne_ProceedsFromDeconsolidationOfConsolidatedFundsInvestingActivities_a4ddec63-4ca2-47c7-a4da-9f6635bb815a" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_3e123ff9-aed7-4fa7-b085-5c3c16a0736d" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RestrictedCash_7d9cbbb3-a43e-4862-915a-a2a8a42e315b" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RestrictedCash"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_3e123ff9-aed7-4fa7-b085-5c3c16a0736d" xlink:to="loc_us-gaap_RestrictedCash_7d9cbbb3-a43e-4862-915a-a2a8a42e315b" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_ede98c27-9ca9-420c-8b15-19a8c87c595c" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_3e123ff9-aed7-4fa7-b085-5c3c16a0736d" xlink:to="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_ede98c27-9ca9-420c-8b15-19a8c87c595c" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_8a9314c3-031a-4989-836e-32ffebb3866d" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_23f0a802-a883-4833-8baa-ccde68c556fd" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_8a9314c3-031a-4989-836e-32ffebb3866d" xlink:to="loc_us-gaap_EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_23f0a802-a883-4833-8baa-ccde68c556fd" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_256e2a40-e24e-4054-aaf6-1b5aa32fa541" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_8a9314c3-031a-4989-836e-32ffebb3866d" xlink:to="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_256e2a40-e24e-4054-aaf6-1b5aa32fa541" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_c5495e7d-3a7b-4a70-a2e5-4c211c3c5fc3" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_8a9314c3-031a-4989-836e-32ffebb3866d" xlink:to="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_c5495e7d-3a7b-4a70-a2e5-4c211c3c5fc3" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_d0a43d5c-b660-4ff2-94e0-80e327941ade" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_8a9314c3-031a-4989-836e-32ffebb3866d" xlink:to="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_d0a43d5c-b660-4ff2-94e0-80e327941ade" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.hamiltonlane.com/role/InvestmentsScheduleofInvestmentsDetails" xlink:type="simple" xlink:href="hlne-20260331.xsd#InvestmentsScheduleofInvestmentsDetails"/>
  <link:calculationLink xlink:role="http://www.hamiltonlane.com/role/InvestmentsScheduleofInvestmentsDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_894c47d0-d65f-4877-8fe5-e33c34e2fb22" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EquitySecuritiesWithoutReadilyDeterminableFairValueAmount_7df38516-fc91-4cf5-b2ef-eabbb6ae900e" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EquitySecuritiesWithoutReadilyDeterminableFairValueAmount"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_894c47d0-d65f-4877-8fe5-e33c34e2fb22" xlink:to="loc_us-gaap_EquitySecuritiesWithoutReadilyDeterminableFairValueAmount_7df38516-fc91-4cf5-b2ef-eabbb6ae900e" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EquityMethodInvestments_fd509f74-0f48-4b87-875a-7ea80d0ea4b8" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EquityMethodInvestments"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_894c47d0-d65f-4877-8fe5-e33c34e2fb22" xlink:to="loc_us-gaap_EquityMethodInvestments_fd509f74-0f48-4b87-875a-7ea80d0ea4b8" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_hlne_OtherInvestmentsFairValueDisclosure_3d2c3ed7-cf42-46d3-8e86-d4e8f370860a" xlink:href="hlne-20260331.xsd#hlne_OtherInvestmentsFairValueDisclosure"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_894c47d0-d65f-4877-8fe5-e33c34e2fb22" xlink:to="loc_hlne_OtherInvestmentsFairValueDisclosure_3d2c3ed7-cf42-46d3-8e86-d4e8f370860a" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.hamiltonlane.com/role/InvestmentsScheduleofVariableInterestEntitiesDetails" xlink:type="simple" xlink:href="hlne-20260331.xsd#InvestmentsScheduleofVariableInterestEntitiesDetails"/>
  <link:calculationLink xlink:role="http://www.hamiltonlane.com/role/InvestmentsScheduleofVariableInterestEntitiesDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_Investments_2d3b746c-d5d4-4b60-bf81-ca05f935bdf3" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_Investments"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EquityMethodInvestments_5ab420a3-30c2-4020-aa14-fd25bcbc6660" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EquityMethodInvestments"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Investments_2d3b746c-d5d4-4b60-bf81-ca05f935bdf3" xlink:to="loc_us-gaap_EquityMethodInvestments_5ab420a3-30c2-4020-aa14-fd25bcbc6660" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InvestmentsFairValueDisclosure_d6f2923e-3596-4b42-88a1-bafa2cb835fa" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentsFairValueDisclosure"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Investments_2d3b746c-d5d4-4b60-bf81-ca05f935bdf3" xlink:to="loc_us-gaap_InvestmentsFairValueDisclosure_d6f2923e-3596-4b42-88a1-bafa2cb835fa" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.hamiltonlane.com/role/InvestmentsScheduleofFinancialInformationofEquityMethodInvestmentDetails" xlink:type="simple" xlink:href="hlne-20260331.xsd#InvestmentsScheduleofFinancialInformationofEquityMethodInvestmentDetails"/>
  <link:calculationLink xlink:role="http://www.hamiltonlane.com/role/InvestmentsScheduleofFinancialInformationofEquityMethodInvestmentDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InvestmentIncomeNet_17e58936-f801-452f-b5ea-8fd63b9c2339" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentIncomeNet"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InvestmentIncomeInterestAndDividend_cdd2be29-8ffe-43b4-bda7-4b9fc721893e" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentIncomeInterestAndDividend"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_InvestmentIncomeNet_17e58936-f801-452f-b5ea-8fd63b9c2339" xlink:to="loc_us-gaap_InvestmentIncomeInterestAndDividend_cdd2be29-8ffe-43b4-bda7-4b9fc721893e" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InvestmentIncomeInvestmentExpense_ee61528a-e097-4bb0-9622-f637c4a06bb0" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentIncomeInvestmentExpense"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_InvestmentIncomeNet_17e58936-f801-452f-b5ea-8fd63b9c2339" xlink:to="loc_us-gaap_InvestmentIncomeInvestmentExpense_ee61528a-e097-4bb0-9622-f637c4a06bb0" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProfitLoss_383c97e9-bad6-4ac3-91fd-eb5547bb9047" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProfitLoss"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InvestmentIncomeNet_77d26231-43c3-4748-b417-9d09a1a03978" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentIncomeNet"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_ProfitLoss_383c97e9-bad6-4ac3-91fd-eb5547bb9047" xlink:to="loc_us-gaap_InvestmentIncomeNet_77d26231-43c3-4748-b417-9d09a1a03978" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_GainLossOnInvestments_36a0ae5e-9bd4-4dc8-9dc7-f103e908a099" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_GainLossOnInvestments"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_ProfitLoss_383c97e9-bad6-4ac3-91fd-eb5547bb9047" xlink:to="loc_us-gaap_GainLossOnInvestments_36a0ae5e-9bd4-4dc8-9dc7-f103e908a099" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_Liabilities_07979d9f-6fb1-4fbc-a0d1-e2225d40b40e" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_Liabilities"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentCarryingAmount_38e935ff-303e-4da9-b50c-2c804d2e65b9" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtInstrumentCarryingAmount"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_07979d9f-6fb1-4fbc-a0d1-e2225d40b40e" xlink:to="loc_us-gaap_DebtInstrumentCarryingAmount_38e935ff-303e-4da9-b50c-2c804d2e65b9" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherLiabilities_02c78ba9-a241-43db-959a-315879f1d751" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherLiabilities"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_07979d9f-6fb1-4fbc-a0d1-e2225d40b40e" xlink:to="loc_us-gaap_OtherLiabilities_02c78ba9-a241-43db-959a-315879f1d751" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.hamiltonlane.com/role/FairValueMeasurementsScheduleofFinancialAssetsandLiabilitiesDetails" xlink:type="simple" xlink:href="hlne-20260331.xsd#FairValueMeasurementsScheduleofFinancialAssetsandLiabilitiesDetails"/>
  <link:calculationLink xlink:role="http://www.hamiltonlane.com/role/FairValueMeasurementsScheduleofFinancialAssetsandLiabilitiesDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FinancialLiabilitiesFairValueDisclosure_5a01d2ce-f3e1-45e2-b7df-603e3169f975" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FinancialLiabilitiesFairValueDisclosure"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentFairValue_d5736134-d10e-459d-8de9-f6e1481d7880" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtInstrumentFairValue"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_FinancialLiabilitiesFairValueDisclosure_5a01d2ce-f3e1-45e2-b7df-603e3169f975" xlink:to="loc_us-gaap_DebtInstrumentFairValue_d5736134-d10e-459d-8de9-f6e1481d7880" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AssetsFairValueDisclosure_8a12c756-ddfb-460e-86e5-e006ea387dff" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetsFairValueDisclosure"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InvestmentsFairValueDisclosure_f4f460b9-ab0c-443f-b597-a94b122cac0c" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentsFairValueDisclosure"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsFairValueDisclosure_8a12c756-ddfb-460e-86e5-e006ea387dff" xlink:to="loc_us-gaap_InvestmentsFairValueDisclosure_f4f460b9-ab0c-443f-b597-a94b122cac0c" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.hamiltonlane.com/role/FurnitureFixturesandEquipmentScheduleofFurnitureFixturesandEquipmentDetails" xlink:type="simple" xlink:href="hlne-20260331.xsd#FurnitureFixturesandEquipmentScheduleofFurnitureFixturesandEquipmentDetails"/>
  <link:calculationLink xlink:role="http://www.hamiltonlane.com/role/FurnitureFixturesandEquipmentScheduleofFurnitureFixturesandEquipmentDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentNet_0aa0bc7c-1cea-4e68-b4d3-a5849c5b2870" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PropertyPlantAndEquipmentNet"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentGross_a2f7e28c-4388-4953-a7f9-10d1dad56d6a" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PropertyPlantAndEquipmentGross"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentNet_0aa0bc7c-1cea-4e68-b4d3-a5849c5b2870" xlink:to="loc_us-gaap_PropertyPlantAndEquipmentGross_a2f7e28c-4388-4953-a7f9-10d1dad56d6a" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_c55a7af2-679f-4875-bd23-ecde5a7c9734" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentNet_0aa0bc7c-1cea-4e68-b4d3-a5849c5b2870" xlink:to="loc_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_c55a7af2-679f-4875-bd23-ecde5a7c9734" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.hamiltonlane.com/role/DebtScheduleofMinimumPrincipalPaymentsonTermLoanDetails" xlink:type="simple" xlink:href="hlne-20260331.xsd#DebtScheduleofMinimumPrincipalPaymentsonTermLoanDetails"/>
  <link:calculationLink xlink:role="http://www.hamiltonlane.com/role/DebtScheduleofMinimumPrincipalPaymentsonTermLoanDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentFaceAmount_00e7655b-cb3c-42e0-8eb9-5b1e651fc1a0" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtInstrumentFaceAmount"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_90276e35-56f3-40e2-b020-f6ae73afdd58" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_DebtInstrumentFaceAmount_00e7655b-cb3c-42e0-8eb9-5b1e651fc1a0" xlink:to="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_90276e35-56f3-40e2-b020-f6ae73afdd58" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_f62fbe5f-3751-4dfb-a3df-a9efb9e885b9" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_DebtInstrumentFaceAmount_00e7655b-cb3c-42e0-8eb9-5b1e651fc1a0" xlink:to="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_f62fbe5f-3751-4dfb-a3df-a9efb9e885b9" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_386346b6-c9e1-4f0e-ac6f-6ab6d3926ac9" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_DebtInstrumentFaceAmount_00e7655b-cb3c-42e0-8eb9-5b1e651fc1a0" xlink:to="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_386346b6-c9e1-4f0e-ac6f-6ab6d3926ac9" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_91299c20-e11b-4d07-9636-38e83d357aa6" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_DebtInstrumentFaceAmount_00e7655b-cb3c-42e0-8eb9-5b1e651fc1a0" xlink:to="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_91299c20-e11b-4d07-9636-38e83d357aa6" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_caa4b4ac-05b2-4c2a-b9c3-91f0b93ed420" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour"/>
    <link:calculationArc order="5" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_DebtInstrumentFaceAmount_00e7655b-cb3c-42e0-8eb9-5b1e651fc1a0" xlink:to="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_caa4b4ac-05b2-4c2a-b9c3-91f0b93ed420" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_1220c316-f8ad-432d-9c1d-49476edd835b" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree"/>
    <link:calculationArc order="6" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_DebtInstrumentFaceAmount_00e7655b-cb3c-42e0-8eb9-5b1e651fc1a0" xlink:to="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_1220c316-f8ad-432d-9c1d-49476edd835b" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.hamiltonlane.com/role/CompensationandBenefitsScheduleofCompensationandBenefitsDetails" xlink:type="simple" xlink:href="hlne-20260331.xsd#CompensationandBenefitsScheduleofCompensationandBenefitsDetails"/>
  <link:calculationLink xlink:role="http://www.hamiltonlane.com/role/CompensationandBenefitsScheduleofCompensationandBenefitsDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LaborAndRelatedExpense_13e44880-08c3-4b55-889c-26cf34d08ca8" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LaborAndRelatedExpense"/>
    <link:loc xlink:type="locator" xlink:label="loc_hlne_SalariesWagesAndOfficersCompensationAndEmployeeBenefits_fad6a592-59ca-4183-9390-75b5d3bd92b2" xlink:href="hlne-20260331.xsd#hlne_SalariesWagesAndOfficersCompensationAndEmployeeBenefits"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_LaborAndRelatedExpense_13e44880-08c3-4b55-889c-26cf34d08ca8" xlink:to="loc_hlne_SalariesWagesAndOfficersCompensationAndEmployeeBenefits_fad6a592-59ca-4183-9390-75b5d3bd92b2" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_hlne_IncentiveFeeCompensationExpense_9bcb2de0-b08b-4a85-8f44-db82b22a0a3b" xlink:href="hlne-20260331.xsd#hlne_IncentiveFeeCompensationExpense"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_LaborAndRelatedExpense_13e44880-08c3-4b55-889c-26cf34d08ca8" xlink:to="loc_hlne_IncentiveFeeCompensationExpense_9bcb2de0-b08b-4a85-8f44-db82b22a0a3b" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AllocatedShareBasedCompensationExpense_c8e36803-0218-4c1d-8760-920c38bdff13" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AllocatedShareBasedCompensationExpense"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_LaborAndRelatedExpense_13e44880-08c3-4b55-889c-26cf34d08ca8" xlink:to="loc_us-gaap_AllocatedShareBasedCompensationExpense_c8e36803-0218-4c1d-8760-920c38bdff13" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.hamiltonlane.com/role/IncomeTaxScheduleofIncomeBeforeIncomeTaxesDetails" xlink:type="simple" xlink:href="hlne-20260331.xsd#IncomeTaxScheduleofIncomeBeforeIncomeTaxesDetails"/>
  <link:calculationLink xlink:role="http://www.hamiltonlane.com/role/IncomeTaxScheduleofIncomeBeforeIncomeTaxesDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_6908d22b-5870-4654-9387-e368dbb06d63" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_53da0e14-8950-4af4-b7c3-a312db202e39" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_6908d22b-5870-4654-9387-e368dbb06d63" xlink:to="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_53da0e14-8950-4af4-b7c3-a312db202e39" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign_9bcc52e2-d63e-4bbc-bb39-8070aba52ba8" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_6908d22b-5870-4654-9387-e368dbb06d63" xlink:to="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign_9bcc52e2-d63e-4bbc-bb39-8070aba52ba8" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.hamiltonlane.com/role/IncomeTaxScheduleofComponentsofIncomeTaxExpenseDetails" xlink:type="simple" xlink:href="hlne-20260331.xsd#IncomeTaxScheduleofComponentsofIncomeTaxExpenseDetails"/>
  <link:calculationLink xlink:role="http://www.hamiltonlane.com/role/IncomeTaxScheduleofComponentsofIncomeTaxExpenseDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CurrentIncomeTaxExpenseBenefit_6fc32ba3-61e3-4fa5-b5c0-a356a95be909" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CurrentIncomeTaxExpenseBenefit"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CurrentFederalTaxExpenseBenefit_f817281c-3cb8-4a9a-88b0-3b0fa64c1817" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CurrentFederalTaxExpenseBenefit"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_CurrentIncomeTaxExpenseBenefit_6fc32ba3-61e3-4fa5-b5c0-a356a95be909" xlink:to="loc_us-gaap_CurrentFederalTaxExpenseBenefit_f817281c-3cb8-4a9a-88b0-3b0fa64c1817" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_92e82438-7478-46e3-904f-5fb2aa3f14b4" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CurrentStateAndLocalTaxExpenseBenefit"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_CurrentIncomeTaxExpenseBenefit_6fc32ba3-61e3-4fa5-b5c0-a356a95be909" xlink:to="loc_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_92e82438-7478-46e3-904f-5fb2aa3f14b4" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CurrentForeignTaxExpenseBenefit_f1a7a33e-3632-49f2-9ef2-420b2dde1e24" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CurrentForeignTaxExpenseBenefit"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_CurrentIncomeTaxExpenseBenefit_6fc32ba3-61e3-4fa5-b5c0-a356a95be909" xlink:to="loc_us-gaap_CurrentForeignTaxExpenseBenefit_f1a7a33e-3632-49f2-9ef2-420b2dde1e24" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_7ae3a883-e7b6-46e8-85fe-889af90e8437" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeTaxExpenseBenefit"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DeferredIncomeTaxExpenseBenefit_24db2d28-e16f-4ce7-ab00-93e2fdf6b072" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeTaxExpenseBenefit_7ae3a883-e7b6-46e8-85fe-889af90e8437" xlink:to="loc_us-gaap_DeferredIncomeTaxExpenseBenefit_24db2d28-e16f-4ce7-ab00-93e2fdf6b072" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CurrentIncomeTaxExpenseBenefit_f0f2d2ee-692a-4845-ac35-bfc0aa98586d" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CurrentIncomeTaxExpenseBenefit"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeTaxExpenseBenefit_7ae3a883-e7b6-46e8-85fe-889af90e8437" xlink:to="loc_us-gaap_CurrentIncomeTaxExpenseBenefit_f0f2d2ee-692a-4845-ac35-bfc0aa98586d" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DeferredIncomeTaxExpenseBenefit_adfe1774-d20b-4714-8a1e-dfddb8059f5b" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_d5808907-6add-4547-b26d-fc5fcc161873" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DeferredFederalIncomeTaxExpenseBenefit"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredIncomeTaxExpenseBenefit_adfe1774-d20b-4714-8a1e-dfddb8059f5b" xlink:to="loc_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_d5808907-6add-4547-b26d-fc5fcc161873" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_9618a72c-4266-4bf7-b000-71c21dc4ea5b" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredIncomeTaxExpenseBenefit_adfe1774-d20b-4714-8a1e-dfddb8059f5b" xlink:to="loc_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_9618a72c-4266-4bf7-b000-71c21dc4ea5b" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DeferredForeignIncomeTaxExpenseBenefit_8dcac46a-cd06-47a3-9b87-05d65dbb3c3b" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DeferredForeignIncomeTaxExpenseBenefit"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredIncomeTaxExpenseBenefit_adfe1774-d20b-4714-8a1e-dfddb8059f5b" xlink:to="loc_us-gaap_DeferredForeignIncomeTaxExpenseBenefit_8dcac46a-cd06-47a3-9b87-05d65dbb3c3b" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.hamiltonlane.com/role/IncomeTaxScheduleofReconciliationofUSStatutoryIncomeTaxRatetotheCompanysEffectiveTaxRateDetails" xlink:type="simple" xlink:href="hlne-20260331.xsd#IncomeTaxScheduleofReconciliationofUSStatutoryIncomeTaxRatetotheCompanysEffectiveTaxRateDetails"/>
  <link:calculationLink xlink:role="http://www.hamiltonlane.com/role/IncomeTaxScheduleofReconciliationofUSStatutoryIncomeTaxRatetotheCompanysEffectiveTaxRateDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_019dfd00-e34d-74ee-baae-5510173c8c38" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeTaxExpenseBenefit"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_019dfd00-e34d-77d0-b5ff-b45b88f60953" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeTaxExpenseBenefit_019dfd00-e34d-74ee-baae-5510173c8c38" xlink:to="loc_us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_019dfd00-e34d-77d0-b5ff-b45b88f60953" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeTaxReconciliationStateAndLocalIncomeTaxes_019dfd00-e34d-7cb8-8230-76dd2b21dcfe" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeTaxReconciliationStateAndLocalIncomeTaxes"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeTaxExpenseBenefit_019dfd00-e34d-74ee-baae-5510173c8c38" xlink:to="loc_us-gaap_IncomeTaxReconciliationStateAndLocalIncomeTaxes_019dfd00-e34d-7cb8-8230-76dd2b21dcfe" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeTaxReconciliationForeignIncomeTaxRateDifferential_019dfd00-e34d-754c-b3bc-81cbf05f395d" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeTaxReconciliationForeignIncomeTaxRateDifferential"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeTaxExpenseBenefit_019dfd00-e34d-74ee-baae-5510173c8c38" xlink:to="loc_us-gaap_IncomeTaxReconciliationForeignIncomeTaxRateDifferential_019dfd00-e34d-754c-b3bc-81cbf05f395d" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationCrossBorderTaxEffectAmount_019dfd00-e34d-7667-af11-e128abcb3d3c" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationCrossBorderTaxEffectAmount"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeTaxExpenseBenefit_019dfd00-e34d-74ee-baae-5510173c8c38" xlink:to="loc_us-gaap_EffectiveIncomeTaxRateReconciliationCrossBorderTaxEffectAmount_019dfd00-e34d-7667-af11-e128abcb3d3c" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeTaxReconciliationTaxCredits_019dfd00-e34d-7665-8c35-1aad8105a2f1" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeTaxReconciliationTaxCredits"/>
    <link:calculationArc order="5" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeTaxExpenseBenefit_019dfd00-e34d-74ee-baae-5510173c8c38" xlink:to="loc_us-gaap_IncomeTaxReconciliationTaxCredits_019dfd00-e34d-7665-8c35-1aad8105a2f1" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance_019dfd00-e34d-721b-bd17-b8256da16fd6" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance"/>
    <link:calculationArc order="6" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeTaxExpenseBenefit_019dfd00-e34d-74ee-baae-5510173c8c38" xlink:to="loc_us-gaap_IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance_019dfd00-e34d-721b-bd17-b8256da16fd6" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeTaxReconciliationMinorityInterestIncomeExpense_019dfd00-e34d-7a7a-ba50-40c73f0defee" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeTaxReconciliationMinorityInterestIncomeExpense"/>
    <link:calculationArc order="7" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeTaxExpenseBenefit_019dfd00-e34d-74ee-baae-5510173c8c38" xlink:to="loc_us-gaap_IncomeTaxReconciliationMinorityInterestIncomeExpense_019dfd00-e34d-7a7a-ba50-40c73f0defee" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeTaxReconciliationNondeductibleExpenseOther_019dfd00-e34d-7f5f-8eea-d7d6ccd39e85" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeTaxReconciliationNondeductibleExpenseOther"/>
    <link:calculationArc order="8" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeTaxExpenseBenefit_019dfd00-e34d-74ee-baae-5510173c8c38" xlink:to="loc_us-gaap_IncomeTaxReconciliationNondeductibleExpenseOther_019dfd00-e34d-7f5f-8eea-d7d6ccd39e85" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeTaxReconciliationOtherAdjustments_019dfd00-e34d-7633-8828-4d94e996c51d" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeTaxReconciliationOtherAdjustments"/>
    <link:calculationArc order="9" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeTaxExpenseBenefit_019dfd00-e34d-74ee-baae-5510173c8c38" xlink:to="loc_us-gaap_IncomeTaxReconciliationOtherAdjustments_019dfd00-e34d-7633-8828-4d94e996c51d" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_e311b73a-4bd1-4eaa-a941-436542ba6094" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_ab2d7812-e89f-41f9-a682-c0cc5d28d88e" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_e311b73a-4bd1-4eaa-a941-436542ba6094" xlink:to="loc_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_ab2d7812-e89f-41f9-a682-c0cc5d28d88e" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_a594208a-d601-46f8-a5d9-2ce437dba5dc" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_e311b73a-4bd1-4eaa-a941-436542ba6094" xlink:to="loc_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_a594208a-d601-46f8-a5d9-2ce437dba5dc" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential_2f535399-5b8b-41f2-b385-53ba70ba5bb4" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_e311b73a-4bd1-4eaa-a941-436542ba6094" xlink:to="loc_us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential_2f535399-5b8b-41f2-b385-53ba70ba5bb4" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationCrossBorderTaxEffectPercent_ae1d9a55-310a-4872-922b-741002b4ae43" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationCrossBorderTaxEffectPercent"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_e311b73a-4bd1-4eaa-a941-436542ba6094" xlink:to="loc_us-gaap_EffectiveIncomeTaxRateReconciliationCrossBorderTaxEffectPercent_ae1d9a55-310a-4872-922b-741002b4ae43" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationTaxCredits_019dfd03-ed76-7142-a3d9-fbeee7c9f1f8" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationTaxCredits"/>
    <link:calculationArc order="5" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_e311b73a-4bd1-4eaa-a941-436542ba6094" xlink:to="loc_us-gaap_EffectiveIncomeTaxRateReconciliationTaxCredits_019dfd03-ed76-7142-a3d9-fbeee7c9f1f8" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance_019dfd03-ed76-75b5-b600-5fd2ca8e39f7" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance"/>
    <link:calculationArc order="6" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_e311b73a-4bd1-4eaa-a941-436542ba6094" xlink:to="loc_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance_019dfd03-ed76-75b5-b600-5fd2ca8e39f7" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense_019dfd03-ed76-7564-a343-6fb663f00b58" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense"/>
    <link:calculationArc order="7" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_e311b73a-4bd1-4eaa-a941-436542ba6094" xlink:to="loc_us-gaap_EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense_019dfd03-ed76-7564-a343-6fb663f00b58" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther_019dfd03-ed76-7499-a5ed-5b7d7c7e7966" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther"/>
    <link:calculationArc order="8" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_e311b73a-4bd1-4eaa-a941-436542ba6094" xlink:to="loc_us-gaap_EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther_019dfd03-ed76-7499-a5ed-5b7d7c7e7966" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_019dfd03-ed76-74e1-be31-a85a5f1bfeca" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments"/>
    <link:calculationArc order="9" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_e311b73a-4bd1-4eaa-a941-436542ba6094" xlink:to="loc_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_019dfd03-ed76-74e1-be31-a85a5f1bfeca" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.hamiltonlane.com/role/IncomeTaxScheduleofSignificantComponentsofDeferredTaxAssetsDetails" xlink:type="simple" xlink:href="hlne-20260331.xsd#IncomeTaxScheduleofSignificantComponentsofDeferredTaxAssetsDetails"/>
  <link:calculationLink xlink:role="http://www.hamiltonlane.com/role/IncomeTaxScheduleofSignificantComponentsofDeferredTaxAssetsDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DeferredTaxAssetsNet_eeb18487-b564-4d6f-9f12-55fd2a7de5f1" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DeferredTaxAssetsNet"/>
    <link:loc xlink:type="locator" xlink:label="loc_hlne_DeferredTaxAssetBasisDifferenceInSubsidiary_a8d4a97d-b78d-4f50-b035-80a98b0821ff" xlink:href="hlne-20260331.xsd#hlne_DeferredTaxAssetBasisDifferenceInSubsidiary"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredTaxAssetsNet_eeb18487-b564-4d6f-9f12-55fd2a7de5f1" xlink:to="loc_hlne_DeferredTaxAssetBasisDifferenceInSubsidiary_a8d4a97d-b78d-4f50-b035-80a98b0821ff" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_hlne_DeferredTaxAssetsTaxReceivableAgreement_1f36bd02-be3d-443d-a59e-c3c34541de86" xlink:href="hlne-20260331.xsd#hlne_DeferredTaxAssetsTaxReceivableAgreement"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredTaxAssetsNet_eeb18487-b564-4d6f-9f12-55fd2a7de5f1" xlink:to="loc_hlne_DeferredTaxAssetsTaxReceivableAgreement_1f36bd02-be3d-443d-a59e-c3c34541de86" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DeferredTaxAssetsValuationAllowance_35ec8063-f804-4caa-9e75-6f5a5f90febd" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DeferredTaxAssetsValuationAllowance"/>
    <link:calculationArc order="3" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredTaxAssetsNet_eeb18487-b564-4d6f-9f12-55fd2a7de5f1" xlink:to="loc_us-gaap_DeferredTaxAssetsValuationAllowance_35ec8063-f804-4caa-9e75-6f5a5f90febd" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DeferredTaxAssetsStateTaxes_60010e6a-26e7-4175-8f08-3effa9888b95" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DeferredTaxAssetsStateTaxes"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredTaxAssetsNet_eeb18487-b564-4d6f-9f12-55fd2a7de5f1" xlink:to="loc_us-gaap_DeferredTaxAssetsStateTaxes_60010e6a-26e7-4175-8f08-3effa9888b95" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DeferredTaxAssetsOther_e9d4c2a7-fa0b-4419-b9a1-64f4da99ba9c" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DeferredTaxAssetsOther"/>
    <link:calculationArc order="5" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredTaxAssetsNet_eeb18487-b564-4d6f-9f12-55fd2a7de5f1" xlink:to="loc_us-gaap_DeferredTaxAssetsOther_e9d4c2a7-fa0b-4419-b9a1-64f4da99ba9c" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.hamiltonlane.com/role/IncomeTaxScheduleofIncomeTaxesPaidNetofRefundsDetails" xlink:type="simple" xlink:href="hlne-20260331.xsd#IncomeTaxScheduleofIncomeTaxesPaidNetofRefundsDetails"/>
  <link:calculationLink xlink:role="http://www.hamiltonlane.com/role/IncomeTaxScheduleofIncomeTaxesPaidNetofRefundsDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeTaxesPaidNet_019dfcc7-4830-7571-876e-49fe49616551" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeTaxesPaidNet"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeTaxPaidFederalAfterRefundReceived_019dfcc7-4830-750d-8011-2390b9374aaa" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeTaxPaidFederalAfterRefundReceived"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeTaxesPaidNet_019dfcc7-4830-7571-876e-49fe49616551" xlink:to="loc_us-gaap_IncomeTaxPaidFederalAfterRefundReceived_019dfcc7-4830-750d-8011-2390b9374aaa" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeTaxPaidStateAndLocalAfterRefundReceived_019dfcc7-4830-7c94-be68-6c15c41b2a41" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeTaxPaidStateAndLocalAfterRefundReceived"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeTaxesPaidNet_019dfcc7-4830-7571-876e-49fe49616551" xlink:to="loc_us-gaap_IncomeTaxPaidStateAndLocalAfterRefundReceived_019dfcc7-4830-7c94-be68-6c15c41b2a41" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeTaxPaidForeignAfterRefundReceived_019dfcc7-4830-74ed-9252-24b143e76dc9" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeTaxPaidForeignAfterRefundReceived"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeTaxesPaidNet_019dfcc7-4830-7571-876e-49fe49616551" xlink:to="loc_us-gaap_IncomeTaxPaidForeignAfterRefundReceived_019dfcc7-4830-74ed-9252-24b143e76dc9" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.hamiltonlane.com/role/EarningsperShareScheduleofDilutedEarningsPerShareDetails" xlink:type="simple" xlink:href="hlne-20260331.xsd#EarningsperShareScheduleofDilutedEarningsPerShareDetails"/>
  <link:calculationLink xlink:role="http://www.hamiltonlane.com/role/EarningsperShareScheduleofDilutedEarningsPerShareDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_af79a7fe-f5b5-4ad7-aecc-39547cf0a8af" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_96a457ae-8ba9-4677-b395-e8522d55d23e" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_af79a7fe-f5b5-4ad7-aecc-39547cf0a8af" xlink:to="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_96a457ae-8ba9-4677-b395-e8522d55d23e" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_hlne_ShareBasedCompensationArrangementsAndOtherAdjustmentsAffectingNetIncomeLoss_0b657a04-0589-4124-83be-c9f574f9bbcc" xlink:href="hlne-20260331.xsd#hlne_ShareBasedCompensationArrangementsAndOtherAdjustmentsAffectingNetIncomeLoss"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_af79a7fe-f5b5-4ad7-aecc-39547cf0a8af" xlink:to="loc_hlne_ShareBasedCompensationArrangementsAndOtherAdjustmentsAffectingNetIncomeLoss_0b657a04-0589-4124-83be-c9f574f9bbcc" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_5696918a-c78f-451e-81ad-7b88faa5b990" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_08da6971-4d97-480b-830f-32dbeee63b92" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_5696918a-c78f-451e-81ad-7b88faa5b990" xlink:to="loc_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_08da6971-4d97-480b-830f-32dbeee63b92" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_59a93ada-4cf6-4dac-9cae-9e0e6efabb8d" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_5696918a-c78f-451e-81ad-7b88faa5b990" xlink:to="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_59a93ada-4cf6-4dac-9cae-9e0e6efabb8d" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.hamiltonlane.com/role/CommitmentsandContingenciesScheduleofOperatingLeaseLiabilityMaturitiesDetails" xlink:type="simple" xlink:href="hlne-20260331.xsd#CommitmentsandContingenciesScheduleofOperatingLeaseLiabilityMaturitiesDetails"/>
  <link:calculationLink xlink:role="http://www.hamiltonlane.com/role/CommitmentsandContingenciesScheduleofOperatingLeaseLiabilityMaturitiesDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue_84221dde-e0e8-4c7b-b639-1701acd9769d" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearFour_d54828e0-ca49-46c9-a56d-4c1e1699766b" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearFour"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue_84221dde-e0e8-4c7b-b639-1701acd9769d" xlink:to="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearFour_d54828e0-ca49-46c9-a56d-4c1e1699766b" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearFive_b037d499-73dc-4f51-b89a-26b39bdf39a9" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearFive"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue_84221dde-e0e8-4c7b-b639-1701acd9769d" xlink:to="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearFive_b037d499-73dc-4f51-b89a-26b39bdf39a9" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths_84fe8c4e-c797-418f-b076-3651f8d1f55f" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue_84221dde-e0e8-4c7b-b639-1701acd9769d" xlink:to="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths_84fe8c4e-c797-418f-b076-3651f8d1f55f" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive_f14db42f-753d-43fb-8192-c0aa720703cf" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue_84221dde-e0e8-4c7b-b639-1701acd9769d" xlink:to="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive_f14db42f-753d-43fb-8192-c0aa720703cf" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearTwo_9081de13-f068-4a8b-b1f4-cf7c765ff860" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearTwo"/>
    <link:calculationArc order="5" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue_84221dde-e0e8-4c7b-b639-1701acd9769d" xlink:to="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearTwo_9081de13-f068-4a8b-b1f4-cf7c765ff860" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearThree_b5086eb7-c020-423a-9e11-bc797fd98c87" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearThree"/>
    <link:calculationArc order="6" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue_84221dde-e0e8-4c7b-b639-1701acd9769d" xlink:to="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearThree_b5086eb7-c020-423a-9e11-bc797fd98c87" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.hamiltonlane.com/role/CommitmentsandContingenciesScheduleofOperatingLeaseLiabilityMaturitiesDetails_1" xlink:type="simple" xlink:href="hlne-20260331.xsd#CommitmentsandContingenciesScheduleofOperatingLeaseLiabilityMaturitiesDetails_1"/>
  <link:calculationLink xlink:role="http://www.hamiltonlane.com/role/CommitmentsandContingenciesScheduleofOperatingLeaseLiabilityMaturitiesDetails_1" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue_a8acbce0-d8f4-4bea-82bc-f423ceae0d8b" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OperatingLeaseLiability_019d6d85-19c0-70b6-a4f1-b419200117e2" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingLeaseLiability"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue_a8acbce0-d8f4-4bea-82bc-f423ceae0d8b" xlink:to="loc_us-gaap_OperatingLeaseLiability_019d6d85-19c0-70b6-a4f1-b419200117e2" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LesseeOperatingLeaseLiabilityUndiscountedExcessAmount_d6bccbdb-ba01-42cc-9429-8896d31c3e36" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LesseeOperatingLeaseLiabilityUndiscountedExcessAmount"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue_a8acbce0-d8f4-4bea-82bc-f423ceae0d8b" xlink:to="loc_us-gaap_LesseeOperatingLeaseLiabilityUndiscountedExcessAmount_d6bccbdb-ba01-42cc-9429-8896d31c3e36" xlink:type="arc"/>
  </link:calculationLink>
</link:linkbase>
