P10 Inc Stock Price, News & Analysis

RCP Advisors has successfully closed RCPDirect IV, a private equity fund, raising approximately $645.4 million, exceeding its target of $500 million. The fund attracted a broad base of investors including endowments, foundations, and high-net-worth individuals. The investment strategy will focus on partnering with buyout fund managers raising $100 million to $1 billion and making minority equity investments of $5 million to $30 million in lower middle market companies valued between $25 million and $500 million. RCP Advisors manages over $11.9 billion in committed capital.

P10, Inc. (NYSE: PX) reported a strong 32% year-over-year revenue increase to $43.3 million for Q1 2022. Fee Paying Assets Under Management rose by 34% to $17.6 billion. The company achieved a GAAP net income of $7.8 million, a 188% increase year-over-year. A regular quarterly cash dividend of $0.03 per share will be distributed on June 20, 2022. Furthermore, a stock repurchase program of up to $20 million was also announced, aimed at enhancing shareholder value.

P10, Inc. (NYSE: PX) has announced the release of its first quarter 2022 results scheduled for May 12, 2022, after U.S. markets close. The company will host a conference call at 4:30 PM ET on the same day. P10 is recognized as a top private markets solutions provider, offering diverse investment solutions within alternative asset management. As of December 31, 2021, P10 has a global investor base of over 2,400 investors spanning 46 states and 29 countries, including major pension funds and financial institutions.

Enhanced Capital Group has been recognized on the ImpactAssets 50 list, showcasing its commitment to impactful investment in underserved markets. Since 1999, the firm has invested $2.6 billion across strategies including Small Business Lending, Impact Real Estate, and Climate Finance, significantly contributing to economic growth and job creation. The firm has executed transactions in 38 states, Washington DC, and Puerto Rico, supporting over 700 projects. The impact investment market has expanded tenfold since 2012, now representing one in three investment dollars in the U.S.

RCP Advisors has released a new research report titled Diversity and Financial Outperformance in Middle Market PE, which analyzes the performance of minority, women, veteran, and disabled majority-owned private equity firms. The report indicates that these diverse managers often generate higher returns with less risk compared to their non-diverse counterparts. Using proprietary data from GPScout, the report shows a trend of superior performance among diverse managers, suggesting that DEI-focused investing is both a moral and prudent financial decision.

P10 (NYSE: PX) reported a strong financial performance for Q4 and the fiscal year 2021, with revenue up 123% year-over-year, totaling $150.5 million. Fee paying assets under management reached $17.3 billion, marking a 36% increase. Q4 revenue was $45.6 million, an 85% increase. However, GAAP net income declined by 93% to $1.5 million in Q4, mainly due to non-cash expenses. Adjusted net income surged 157% year-over-year to $21.9 million. The company has strengthened its market position by acquiring Hark Capital and Bonaccord Capital Partners.

P10, a top private markets solutions provider trading under the ticker PX, announced it will release its fourth quarter and full year 2021 results on March 1, 2022, before U.S. markets open. The company will host a conference call at 8:30 a.m. ET on the same day, accessible via webcast. P10 serves over 2,400 global investors from diverse sectors, including pension funds and financial institutions, reflecting its broad reach in private markets.

P10, a private markets solutions provider listed on NYSE under the ticker PX, has successfully secured a $250 million credit facility led by JPMorgan Chase and Texas Capital Bank. This facility consists of a $125 million term loan and a $125 million revolving commitment. The proceeds will be used to refinance existing debts and support operational costs. The new agreement significantly lowers the interest rate from 7% to approximately 2.25%, enhancing P10's cost of capital and reducing future interest expenses.

P10, Inc. (NYSE: PX) announced that underwriters of its public offering have fully exercised an option to acquire an additional 3 million shares of Class A common stock at $12 per share. The shares are being sold by certain shareholders, and P10 will not receive any proceeds from this sale. The registration statement was effective as of October 20, 2021. P10 is a multi-asset class private markets solutions provider, with over 2,400 investors globally, servicing large pension funds and financial institutions.