Slojab
1 year ago
Second Quarter 2023 Financial Highlights:
Fee Paying Assets Under Management: $22.2 billion, a 20% increase year over year.
Revenue: $62.5 million, a 34% increase year over year.
GAAP Net Income: $2.1 million, an 81% decrease year over year.
Adjusted EBITDA: $34.8 million, a 35% increase year over year.
Adjusted Net Income: $26.7 million, a 15% increase year over year.
Fully diluted GAAP EPS: $.02, a 78% decrease year over year.
Fully diluted ANI per share: $.22, a 16% increase year over year.
Slojab
2 years ago
P10, Inc. (NYSE: PX), a leading private markets solutions provider, today announced that it has joined the broad-market Russell 2000® Index. Annual Russell index reconstitution captures the 4000 largest US stocks as of April 28, ranking them by total market capitalization, including the Russell 3000® and Russell Microcap® Indexes. Being included in the Russell 3000® means P10 will also be included in the Russell 2000®
Slojab
2 years ago
Impressive.
As of March 31, 2023, P10 has a global investor base of more than 3,300 investors across 50 states, 54 countries, and six continents, which includes some of the world’s largest pension funds, endowments, foundations, corporate pensions, and financial institutions.
Slojab
2 years ago
RCP Advisors, a sponsor of private equity funds-of-funds, secondary funds, and co-investment funds focused on North American lower middle market buyouts, announced the final closing of RCP Fund XVII (the “Fund”). The Fund closed on approximately $328 million in aggregate commitments, exceeding its target of $300 million. The Fund has a broad LP base of both new and existing investors, including family offices, high-net-worth individuals, foundations, public pension plans, and endowments.
“We are grateful to our investors for the fundraising success of RCP Fund XVII, which exceeded its target despite an increasingly challenging macroeconomic environment. We will remain specially focused on partnering with the premier lower middle market buyout managers in the United States and Canada as we have for over 20 years,” said Tom Danis, Managing Partner at RCP Advisors.
Slojab
2 years ago
Enhanced Capital Group Named to Prestigious Impact Assets 50 List
https://www.otcmarkets.com/stock/PX/news/Enhanced-Capital-Group-Named-to-Prestigious-ImpactAssets-50-List?id=348585
Enhanced Capital Group, LLC is a leading impact investing firm with over 20 years of experience investing in Small Business Lending, Impact Real Estate, and Climate Finance.
From inception in 1999 through December 31st, 2021, inclusive of proprietary assets and assets managed by affiliates, Enhanced Capital has raised a total of $4.8 billion. Of the total AUM, impact assets represent $2.6 billion invested in over 700 projects & businesses across 38 states, Washington DC, and Puerto Rico and does not include investments made by non-impact affiliates.
Enhanced Capital is committed to investing in four main impact themes: economic growth & job creation; underserved communities; underrepresented populations; and environmental sustainability. Enhanced Capital represents the impact solution of P10, Inc. (NYSE: PX), a diversified, multi-asset investment platform. Learn more about the firm at www.enhancedcapital.com
Dallas, Texas – November 19, 2020 – An affiliate of P10 Holdings, Inc. (OTC: PIOE, “P10”) has signed a definitive agreement to purchase Enhanced Capital Group, LLC (“Enhanced Capital”), a premier impact investment platform with a two-decade history of generating outstanding socially responsible returns for its stakeholders. Enhanced Capital has deployed in excess of $2 billion into impact credit and impact equity investments since its founding, with a broad product offering which includes small business lending in impact areas and to women and minority-owned businesses, renewable energy, and historic building rehabilitation.
Slojab
2 years ago
So, what's the bad news?
Fourth Quarter 2022 Financial Highlights:
Fee Paying Assets Under Management: $21.2 billion, a 23% increase year over year.
Revenue: $58.3 million, a 28% increase year over year.
GAAP Net Income: $4.8 million, a 221% increase year over year.
Adjusted EBITDA: $30.8 million, a 17% increase year over year.
Adjusted Net Income: $27.3 million, a 24% increase year over year.
Fully diluted GAAP EPS: $.04, a 104% increase year over year.
Fully diluted ANI per share: $.22, a 22% increase year over year.
Fiscal Year End 2022 Financial Highlights:
Revenue: $198.4 million, a 32% increase year over year.
GAAP Net Income: $29.4 million, a 173% increase year over year.
Adjusted EBITDA: $106.8 million, a 29% increase year over year.
Adjusted Net Income: $97.9 million, a 56% increase year over year.
Fully diluted GAAP EPS: $.24, a 194% increase year over year.
Fully diluted ANI per share: $.80, a 43% increase year over year.