T. Rowe Price Group reports developments tied to its global asset management business, including assets under management, client flows, earnings, dividends, stockholder meeting results, and capital return activity. Company updates also cover its investment platform across equity, fixed income, multi-asset, and alternative strategies, with recurring references to retirement-related assets and client solutions.
News about T. Rowe Price also includes product and platform changes such as fixed income vehicles, CLO activity, 529 education savings offerings, private credit initiatives associated with OHA, and investment commentary from the firm's research and portfolio teams.
T. Rowe Price OHA Select Private Credit Fund (NYSE:TROW) reported Q3 2025 results and declared total distributions of $0.69 per share for the quarter and an additional $0.23 per share declared Oct 22, 2025 payable Nov 26, 2025. The fund closed Q3 with $2.7 billion portfolio fair value across 125 companies, a weighted average portfolio yield of 10.5%, and net asset value per share of $26.94 as of Sept 30, 2025. Q3 metrics: net investment income per share $0.65, earnings per share $0.73, net investment fundings $212.5M, and gross investment fundings $377.2M. Total net debt outstanding was $1,200.7M with weighted average interest rate of 6.9%. The revolving credit commitments were increased from $955.0M to $1,030.0M.
T. Rowe Price (NASDAQ:TROW) announced on November 3, 2025 that Chief Operating Officer Kimberly Johnson, who served as COO since 2022, will leave the firm in December 2025. The firm is creating a new Technology, Data, and Operations function to integrate digital capabilities with operational execution. Ramon Richards, who became CTO in 2023, will lead the new function, join the firm's Management Committee, and report to Chair, CEO, and President Rob Sharps. The release frames the change as a strategic reorganization to scale technology, data, and operations across the business.
Oak Hill Advisors (NASDAQ: TROW) led and served as Administrative Agent and Lead Left Arranger on a private unitranche financing that supports the recapitalization and merger of FleetPride with TruckPro announced Nov 3, 2025.
OHA is the largest holder of the new debt facility and has lent to FleetPride for over a decade. The firms expect the combination to generate operational and cost synergies to expand product availability, speed delivery, and enhance service nationwide. OHA reported it manages approximately $98 billion of capital as of June 30, 2025; American Securities manages over $23 billion.
T. Rowe Price Group (NASDAQ: TROW) reported third-quarter 2025 results on Oct. 31, 2025. The company said its earnings release is posted at troweprice.com/newsroom and supplemental materials will be available on the investor relations site shortly before the call.
Rob Sharps (chair, CEO, president) and Jen Dardis (CFO) will review financial results and answer questions on a webcast today, 8:00–8:45 AM ET. Investors can access the live webcast or dial-in instructions at investors.troweprice.com, and a replay will be posted after the event.
Resilience (NYSE:TROW) secured long-term debt financing of up to $825 million from Oak Hill Advisors to strengthen its balance sheet and accelerate its CDMO strategy. The package includes a $600 million first-lien commitment, with an initial tranche of $525 million expected to fund later in Q4 2025 and the remainder available in subsequent years as needed, subject to customary conditions. The capital will fund expansion of go-forward manufacturing operations anchored in Cincinnati and Toronto, including a planned buildout of one of North America’s largest sterile injectable and device assembly operations in Cincinnati. Resilience also resolved lease obligations for underutilized sites to optimize its balance sheet.
T. Rowe Price Group (NASDAQ: TROW) declared a quarterly cash dividend of $1.27 per share. The dividend is payable on December 30, 2025 to shareholders of record at the close of business on December 15, 2025.
T. Rowe Price Group (NASDAQ: TROW) announced on October 16, 2025 that its Board elected Allan Golston and Richard Verma as independent directors.
Golston is president of the United States Program at the Gates Foundation and has prior senior finance roles at Swedish Health System and University of Colorado Hospital; he holds a BS in accounting and an MBA. Verma is chief administrative officer at Mastercard, a former deputy secretary of state for management and resources, and served as U.S. ambassador to India (2014–2017); his education includes a doctorate in international relations and multiple law degrees. Verma previously served on T. Rowe Price's board from 2018 until 2023.
IDEAL Holdings (TROW) announced that OHA (UK) LLP and affiliates have invested an additional €41 million in the Corporate Vehicle, raising OHA's participation to 25%. The proceeds will strengthen IDEAL Holdings' cash position and support its portfolio companies held by the CV, including Attica Department Stores, Byte, Adacom, Bluestream, Barba Stathis and Chalvatzis.
Under the Subscription Agreement, OHA also retains a right to co-invest up to €200 million alongside IDEAL over the next two years, providing potential additional capital for growth and expansion.
T. Rowe Price (NASDAQ: TROW) reported preliminary month-end assets under management of $1.77 trillion as of September 30, 2025. Preliminary net outflows for September 2025 were $2.0 billion, and net outflows for the quarter ended September 2025 were $7.9 billion, which included $0.8 billion of manager-driven distributions.
The firm's asset mix at 9/30/2025: Equity $885B, Fixed income $208B, Multi-asset $618B, Alternatives $56B, and Target date retirement portfolios $553B (included managed account model delivery starting July 2025).
Q3 2025 earnings will be released on October 31, 2025 at 7:00 AM ET with a webcasted earnings call from 8:00–8:45 AM ET.
T. Rowe Price (NYSE:TROW) released a new episode of its C-suite podcast series "The Angle" on October 8, 2025, hosted by Eric Veiel, Head of Global Investments and CIO.
The episode features an interview with Sarah Friar, CFO of OpenAI, covering OpenAI's culture, business model, capital deployment, product development, and its work on AGI and generative AI including ChatGPT and Sora.
This is the eighth episode in the series and is available on Spotify and Apple Podcasts. Future episodes will be announced when produced.