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P10 (PX)

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Earnings summaries and quarterly performance for P10.

Recent press releases and 8-K filings for PX.

P10, Inc. Announces Acquisition of Stellus Capital Management and Rebranding to Ridgepost Capital
PX
M&A
New Projects/Investments
  • P10, Inc. has entered into a definitive agreement to acquire Stellus Capital Management, LLC, a U.S. direct lender with approximately $3.8 billion in assets under management.
  • The initial purchase price for Stellus is $250 million, consisting of $125 million in cash and $125 million in units of P10 Intermediate Holdings exchangeable into P10 common stock.
  • An additional up to $60 million in earnout consideration may be payable based on Stellus's fee-related revenue in 2027 and 2029.
  • The transaction is expected to close in mid-2026 and is projected to be modestly accretive to ANI per share and FRE margin in the first full year post-close.
  • P10, Inc. will rebrand to Ridgepost Capital, Inc. on February 11, 2026, and its stock will begin trading on the New York Stock Exchange under the new ticker symbol "RPC".
2 days ago
P10 to Acquire Stellus Capital Management and Rebrand to Ridgepost Capital
PX
M&A
New Projects/Investments
  • P10, Inc. has entered into a definitive agreement to acquire Stellus Capital Management, LLC, a U.S. direct lender, for an initial purchase price of $250 million.
  • The initial consideration consists of $125 million in cash and $125 million in units of P10 Intermediate Holdings, LLC.
  • Stellus Capital Management has approximately $3.8 billion in assets under management, including $2.6 billion in fee-paying AUM, and focuses on senior secured loans in the lower-middle market.
  • The transaction is expected to close in mid-2026 and is anticipated to be modestly accretive to ANI per share and FRE margin in the first full year post-close.
  • P10 will rebrand to Ridgepost Capital, Inc., effective February 11, 2026, and its stock will trade under the new ticker symbol "RPC".
2 days ago
PX Reports Strong Financial Performance and Operational Growth in Q3 2025
PX
Earnings
Dividends
Share Buyback
  • PX reported Q3 2025 revenue of $75.9 million, a 2% increase year-over-year, with GAAP Net Income rising 128% to $3.0 million and Fully Diluted GAAP EPS increasing 79% to $0.02.
  • Fee paying assets under management (FPAUM) grew 17% from the prior year to $29.1 billion as of September 30, 2025.
  • The company declared a quarterly cash dividend of $0.0375 per share and repurchased 110,032 shares at a weighted average price of $11.34 during the quarter, representing over $1 million.
  • In Q3 2025, PX saw $915 million in fundraising and deployment, offset by $673 million in stepdowns and expirations.
  • Key developments included the closing of RCP Advisors Secondary Fund V at a $1.25 billion hard cap and the launch of several new funds.
Nov 6, 2025, 1:30 PM
P10 Reports Q3 2025 Results with Increased AUM and Raised Fundraising Guidance
PX
Earnings
Guidance Update
Share Buyback
  • P10 ended Q3 2025 with $29.1 billion in fee-paying assets under management (AUM), marking a 17% increase year-over-year.
  • The company raised and deployed $915 million in organic gross new fee-paying AUM in Q3 2025, bringing the year-to-date total to $4.3 billion, a 48% increase compared to the same period in 2024. The full-year 2025 organic gross fundraising target was raised to approximately $5 billion.
  • For Q3 2025, fee-related revenue (FRR) was $75.9 million, a 4% increase year-over-year, while adjusted net income (ANI) decreased 7% to $28.6 million, with fully diluted ANI per share at $0.24.
  • P10 repurchased approximately 110,000 shares for $1.25 million in Q3 2025, with $26 million remaining on its buyback authorization, and approved a quarterly cash dividend of $0.033 per share.
Nov 6, 2025, 1:30 PM
P10, Inc. Reports Third Quarter 2025 Earnings Results
PX
Earnings
Guidance Update
Share Buyback
  • P10, Inc. reported Q3 2025 revenue of $75.9 million, a 2% increase year-over-year, and Adjusted Net Income of $28.6 million, with Fully Diluted ANI per share of $0.24.
  • Fee-Paying Assets Under Management (FPAUM) grew 17% year-over-year to $29.1 billion as of September 30, 2025, driven by $915 million in organic fundraising and deployments during the quarter.
  • The company increased its annual guidance for organic gross fundraising, now projecting to close 2025 closer to $5 billion raised.
  • P10 declared a quarterly cash dividend of $0.0375 per share and repurchased 110,032 shares at an average price of $11.34 per share in Q3 2025.
Nov 6, 2025, 11:45 AM
P10 Reports Third Quarter 2025 Earnings Results
PX
Earnings
Guidance Update
Share Buyback
  • P10 reported Q3 2025 revenue of $75.9 million, a 2% increase year over year, and GAAP Net Income of $3.0 million.
  • Fee-Paying Assets Under Management increased 17% year over year to $29.1 billion as of September 30, 2025.
  • The company increased its annual guidance for organic gross fundraising, now expecting to close 2025 closer to $5 billion raised, having already exceeded its initial $4 billion guidance.
  • In Q3, P10 repurchased 110,032 shares at an average price of $11.34 per share, with approximately $26 million remaining under its share repurchase authorization. A quarterly cash dividend of $0.0375 per share was also declared.
Nov 6, 2025, 11:30 AM
P10's RCP Advisors Closes Secondary Opportunity Fund V at $1.26 Billion
PX
New Projects/Investments
  • P10, Inc.'s subsidiary, RCP Advisors, announced the final close of RCP Secondary Opportunity Fund V, LP (RCP SOF V).
  • The Fund was oversubscribed, closing on $1.26 billion in capital commitments, exceeding its initial target of $1 billion.
  • RCP SOF V will target investments primarily through secondary market purchases in private equity funds focused on leveraged buyout, growth, or restructuring transactions.
Oct 1, 2025, 8:30 PM