P10 Inc (NYSE: PX) has agreed to acquire Stellus Capital Management, a direct lender specializing in lower-middle market senior secured loans, for an initial purchase price of $250 million ($125 million cash and $125 million in stock units) plus up to $60 million in earnout consideration. The acquisition adds approximately $3.8 billion in assets under management to P10's platform. The transaction is expected to close mid-2026 and be modestly accretive to earnings per share and free cash flow margins in the first full year post-close. P10 will rebrand to Ridgepost Capital, Inc effective February 11, 2026.

P10, Inc. (NYSE: PX), a leading private markets solutions provider with over $40 billion in assets under management, announced the opening of a new office in Dubai within the Dubai International Financial Centre (DIFC). The office is licensed by the Dubai Financial Services Authority (DFSA) and represents P10's expansion into the Middle East to support client partnerships across the region. The company views this move as a strategic investment in the region's growth as a major financial hub.

P10, Inc. announced the closing of its latest primary fund-of-funds, RCP Fund XIX, LP, with approximately $314 million in capital commitments. The fund will target investments in North American small buyout fund managers.

RCP Advisors, a private equity firm, has closed its latest co-investment fund, RCPDirect V, LP, at $994 million, exceeding its $800 million target. The fund will partner with lead buyout fund managers who raise funds between $100 million and $1 billion and make minority equity investments in lower middle market companies.

P10, a leading private markets solutions provider, has appointed Mike Goodwin as its new Chief Information Officer. Goodwin will oversee key initiatives, including data aggregation, performance metrics, and the strategic application of artificial intelligence.

P10 has agreed to acquire Qualitas Funds, a Madrid-based private equity investing platform, for an initial purchase price of $63 million with potential additional earnout consideration. The acquisition establishes P10's European presence and adds approximately $1 billion in fee-paying assets under management, expanding its global client base by over 1,300 limited partners.

P10, Inc. reported revenue of $71.08 million and EPS of $0.24 for Q2 2024, beating estimates. The company's FPAUM and management/advisory fees also exceeded analyst projections.

P10, Inc., a leading private markets solutions provider, will host an Investor Day in New York on September 19, 2024, where the company's management team and affiliated managers will provide an in-depth presentation of the company's strategic vision, investment strategies, growth levers, and financial outlook.

P10, Inc. announced the final closing of Hark Capital IV, a $645 million fund that exceeded its $500 million target. The fund received strong support from existing and new investors, demonstrating the growing demand for NAV lending solutions in the lower middle market.

DALLAS, July 01, 2024 (GLOBE NEWSWIRE) -- P10, Inc. (NYSE: PX), a leading private markets solutions provider, today announced that its affiliated manager, RCP Advisors (“RCP”), a private equity investment firm that provides access to North American small buyout fund managers through primary funds, secondary funds, and co-investment funds, launched its new website and refreshed brand identity.

Appoints Tracey Benford to Lead Independent Director Appoints Tracey Benford to Lead Independent Director

DALLAS, May 20, 2024 (GLOBE NEWSWIRE) -- P10, Inc. (NYSE: PX), a leading private markets solutions provider, today announced that its affiliated manager, RCP Advisors, a private equity investment firm that provides access to North American small buyout fund managers through primary funds, secondary funds, and co-investment funds, announced the final closing of RCP Fund XVIII (“Fund XVIII” or the “Fund”).