RPC

EX-99.1

2 rpc-ex99_1.htm

EX-99.1

EX-99.1

Exhibit 99.1

Ridgepost Capital Reports Second Quarter 2026 Financial Results

DALLAS, August 5, 2026 (GLOBE NEWSWIRE) – Ridgepost Capital, Inc. (NYSE: RPC) (“Ridgepost Capital”), a leading private markets solutions provider, today reported financial results for the second quarter ended June 30, 2026.

A presentation of the quarterly financials is available at https://ir.ridgepostcapital.com/quarterly-results.

“Ridgepost Capital delivered another strong quarter of results, highlighting the durability of our fee-based model as well as the breadth of our investment platform,” said Luke Sarsfield, Ridgepost Capital Chairman and Chief Executive Officer. “We achieved important milestones during the quarter, including surpassing $50 billion in AUM and reaching nearly $35 billion in fee-paying AUM, while continuing to deliver differentiated performance and healthy fundraising activity across the platform. Additionally, the completion of the Stellus acquisition further enhances our capabilities and broadens our longer-term opportunity set. With significant momentum across the business, we believe our unique positioning within the middle and lower-middle markets, expanding investment capabilities, and durable fee-based model position Ridgepost Capital to continue delivering attractive growth, expanding earnings power, and creating long-term value for our stakeholders.”

Declaration of Dividend

Our Board of Directors has declared a cash dividend of $0.04 per share of Class A and Class B common stock, payable on September 18, 2026, to stockholders of record as of August 31, 2026.

Conference Call Details

Ridgepost Capital will host a conference call to discuss second quarter 2026 financial results at 8:00 a.m. Eastern Time on Wednesday, August 5, 2026. This call will include the disclosure of certain information, including forward-looking information, which may be material to an investor’s understanding of our business. All participants must register prior to joining the event.

• To join and view the live webcast, please register here.

• To join by telephone, please register here.

For those unable to participate in the live event, a replay will be made available on Ridgepost Capital’s investor relations page at www.ir.ridgepostcapital.com.

About Ridgepost Capital

Ridgepost Capital (NYSE: RPC) is a leading private markets solutions provider with over $50 billion in assets under management as of June 30, 2026. Ridgepost Capital invests across Private Equity, Private Credit, and Venture Capital in access-constrained strategies, with a focus on the middle and lower-middle market. Ridgepost Capital’s products have a global investor base and aim to deliver compelling risk-adjusted returns. For additional information, please visit www.ridgepostcapital.com.

Forward-Looking Statements

ridgepostcapital.com

Some of the statements in this release and our conference call, which will be held at 8:00 a.m. Eastern Time on August 5, 2026, may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Words such as “will,” “expect,” “believe,” “estimate,” “continue,” “anticipate,” “intend,” “plan” and similar expressions are intended to identify these forward-looking statements. Forward-looking statements discuss management’s current expectations and projections relating to our financial position, results of operations, plans, objectives, future performance, and business. The inclusion of any forward-looking information in this release should not be regarded as a representation that the future plans, estimates, or expectations contemplated will be achieved. Forward-looking statements reflect management’s current plans, estimates, and expectations, and are inherently uncertain. All forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other important factors that may cause actual results to be materially different, including risks related to: global and domestic market and business conditions; successful execution of business and growth strategies; regulatory factors relevant to our business; changes in our tax status; our ability to maintain our fee structure; our ability to attract and retain key employees; our ability to manage our obligations under our debt agreements; our ability to make acquisitions and successfully integrate the businesses we acquire, including Stellus Capital Management, LLC; assumptions relating to our operations, financial results, financial condition, business prospects and growth strategy; the timing and amount of any share repurchases; and our ability to manage the effects of events outside of our control. The foregoing list of factors is not exhaustive. For more information regarding these risks and uncertainties as well as additional risks that we face, yo

EX-99.1

2 rpc-ex99_1.htm

EX-99.1

EX-99.1

Ridgepost Capital Announces First Quarter 2026 Results

DALLAS, May 7, 2026 (GLOBE NEWSWIRE) – Ridgepost Capital, Inc (NYSE: RPC), a leading private markets solutions provider, today announced financial results for the first quarter ended March 31, 2026.

A presentation of the quarterly financials may be accessed here and is available at https://ir.ridgepostcapital.com/quarterly-results.

“Ridgepost Capital delivered record fundraising levels to start 2026,” said Luke Sarsfield, Ridgepost Capital Chairman and Chief Executive Officer. “Fee-paying assets under management stood at approximately $31 billion at quarter-end, surpassing $30 billion for the first time and representing 18% year-over-year growth. Growth in the first quarter was driven by nearly $2 billion of gross capital raised and deployed, in line with our expectations and demonstrating the growing demand for alternatives. This strong start to the year and the progress we’ve made on the vision outlined at our Investor Day underscores the strength of our differentiated private markets platform, with a unique focus on the middle and lower-middle markets and a diverse and durable LP base.”

Stock Repurchase Program

During the first quarter, we repurchased 701,439 shares of our common stock at an average price of $8.55 per share, for approximately $6 million. Approximately $15 million remained available under our stock repurchase program as of the end of the first quarter.

Declaration of Dividend

Our Board of Directors has declared a cash dividend of $0.04 per share of Class A and Class B common stock, payable on June 18, 2026, to stockholders of record as of May 29, 2026.

Conference Call Details

We will host a conference call to answer questions regarding our first quarter financial results at 8:30 a.m. Eastern Time on Thursday, May 7, 2026. This call will include the disclosure of certain information, including forward-looking information, which may be material to an investor’s understanding of our business. All participants must register prior to joining the event.

• To join and view the live webcast, please register here.

• To join by telephone, please register here.

For those unable to participate in the live event, a replay will be made available on Ridgepost Capital’s investor relations page at www.ir.ridgepostcapital.com.

About Ridgepost Capital

Ridgepost Capital (NYSE: RPC) is a leading private markets solutions provider with over $45 billion in assets under management as of March 31, 2026. Ridgepost Capital invests across Private Equity, Private Credit, and Venture Capital in access-constrained strategies, with a focus on the middle and lower-middle market. Ridgepost Capital’s products have a global

ridgepostcapital.com

investor base and aim to deliver compelling risk-adjusted returns. For additional information, please visit www.ridgepostcapital.com.

Forward-Looking Statements

Some of the statements in this release and our conference call, which will be held at 8:30 a.m. Eastern Time on May 7, 2026, may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Words such as “will,” “expect,” “believe,” “estimate,” “continue,” “anticipate,” “intend,” “plan” and similar expressions are intended to identify these forward-looking statements. Forward-looking statements discuss management’s current expectations and projections relating to our financial position, results of operations, plans, objectives, future performance, and business. The inclusion of any forward-looking information in this release should not be regarded as a representation that the future plans, estimates, or expectations contemplated will be achieved. Forward-looking statements reflect management’s current plans, estimates, and expectations, and are inherently uncertain. All forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other important factors that may cause actual results to be materially different, including risks related to: global and domestic market and business conditions; successful execution of business and growth strategies; regulatory factors relevant to our business; changes in our tax status; our ability to maintain our fee structure; our ability to attract and retain key employees; our ability to manage our obligations under our debt agreements; our ability to make acquisitions and successfully integrate the businesses we acquire, including Stellus Capital Management, LLC; assumptions relating to our operations, financial results, financial condition, business prospects and growth strategy; the timing and amount of any share repurchases; and our ability to manage the effects of events outside of our control. The foregoing list of factors is not exhaustive. For more information regarding these risks and

EX-99.1

2 rpc-ex99_1.htm

EX-99.1

EX-99.1

Ridgepost Capital Reports Fourth Quarter and Full Year 2025 Earnings Results

Record Full Year Fundraising and Deployment of $5.1 Billion

Fee-Paying AUM increased 15% year over year

DALLAS, February 12, 2026 (GLOBE NEWSWIRE) – Ridgepost Capital, Inc (NYSE: RPC) (“Ridgepost Capital” or the “Company”), a leading private markets solutions provider, today reported financial results for the fourth quarter and year ended December 31, 2025.

Fourth Quarter 2025 Financial Highlights

• Revenue: $81.0 million compared to $85.0 million in the prior year.

• Fee-Related Revenue: $81.0 million compared to $85.0 million in the prior year.

• Fee-Paying Assets Under Management: $29.4 billion, a 15% increase year over year.

• GAAP Net Income: $11.0 million compared to $5.7 million in the prior year.

• Fee-Related Earnings: $39.0 million compared to $42.7 million in the prior year.

• Adjusted Net Income: $30.2 million compared to $35.3 million in the prior year.

• Fully Diluted GAAP EPS: $0.09 compared to $0.05 in the prior year.

• Fully Diluted ANI per share: $0.26 compared to $0.30 in the prior year.

Fiscal Year End 2025 Financial Highlights

• Revenue: $297.3 million compared to $296.4 million in the prior year.

• Fee-Related Revenue: $297.3 million compared to $291.3 million in the prior year.

• Fee-Paying Assets Under Management: $29.4 billion, a 15% increase year over year.

• GAAP Net Income: $23.0 million compared to $19.7 million in the prior year.

• Fee-Related Earnings: $141.1 million compared to $142.1 million in the prior year.

• Adjusted Net Income: $108.9 million compared to $120.2 million in the prior year.

• Fully Diluted GAAP EPS: $0.17 compared to $0.16 in the prior year.

• Fully Diluted ANI per share: $0.92 compared to $1.00 in the prior year.

A presentation of the quarterly financials may be accessed here and is available on the Company’s website.

“Today marks our first earnings report as Ridgepost Capital, an identity that represents the work we’ve done over the past few years to expand our platform and integrate our strategies,” said Luke Sarsfield, Ridgepost Capital Chairman and Chief Executive Officer. “During 2025, we raised and deployed a record $5.1 billion in organic gross new fee-paying assets and exceeded our initial annual organic fundraising guidance by over $1 billion. Additionally, subsequent to quarter end, we advanced our long-term strategy of partnering with best-in-class investment managers with the announced acquisition of Stellus Capital Management, adding a leading direct lending franchise to our platform. These milestones, along with the opening of our Dubai office and collaboration with CAIS, enable us to meaningfully increase our global footprint, scale our platform with intention, and capture the growing demand for alternatives in the wealth ecosystem.”

ridgepostcapital.com

Stock Repurchase Program

In the fourth quarter, the Company repurchased approximately 522,728 shares at an average price of $9.54 per share. In 2025, the Company repurchased approximately 4,348,949 shares at an average price of $10.91 per share, for a total of $47.4 million in the year. The repurchase activity left approximately $21 million available under the repurchase authorization at the end of the fourth quarter.

Declaration of Dividend

The Board of Directors of the Company has declared a quarterly cash dividend of $0.0375 per share on Class A and Class B common stock, payable on March 20th, 2026, to the holders of record as of the close of business on February 27th, 2026.

Conference Call Details

The Company will host a conference call at 8:30 a.m. Eastern Time on Thursday, February 12, 2026. All participants must register prior to joining the event.

• To join and view the live webcast, please register here.

• To join by telephone, please register here.

For those unable to participate in the live event, a replay will be made available on Ridgepost Capital’s investor relations page at www.ridgepostcapital.com.

About Ridgepost Capital

Ridgepost Capital (NYSE: RPC) is a leading private markets solutions provider with over $43 billion in assets under management as of December 31, 2025. Ridgepost Capital invests across Private Equity, Private Credit, and Venture Capital in access-constrained strategies, with a focus on the middle and lower-middle market. Ridgepost Capital’s products have a global investor base and aim to deliver compelling risk-adjusted returns. For additional information, please visit www.ridgepostcapital.com.

Forward-Looking Statements

Some of the statements in this release may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Words such as “will,” “expect,” “believe,” “estimate,” “continue,” “anticipate,” “intend,” “plan” and similar expressions are intend

EX-99.1

2 px-ex99_1.htm

EX-99.1

EX-99.1

P10 Reports Third Quarter 2025 Earnings Results

Organic Fundraising and Deployments of $915 million in Gross New Fee-Paying AUM

Fee-Paying AUM has increased 17% year over year

Annual Guidance Increased

DALLAS, November 6, 2025 (GLOBE NEWSWIRE) - P10, Inc. (NYSE: PX) (the “Company”), a leading private markets solutions provider, today reported financial results for the third quarter ended September 30, 2025.

Third Quarter 2025 Financial Highlights

• Revenue: $75.9 million, a 2% increase year over year.

• Fee-Related Revenue: $75.9 million, a 4% increase year over year.

• Fee-Paying Assets Under Management: $29.1 billion, a 17% increase year over year.

• GAAP Net Income: $3.0 million compared to $1.3 million in the prior year.

• Fee-Related Earnings: $36.0 million, a 3% increase year over year.

• Adjusted Net Income: $28.6 million compared to $30.8 million in the prior year.

• Fully Diluted GAAP EPS: $0.02 compared to $0.01 in the prior year.

• Fully Diluted ANI per share: $0.24 compared to $0.26 in the prior year.

A presentation of the quarterly financials may be accessed here and is available on the Company’s website.

“P10’s third quarter results highlight the strength of our diversified platform and the solid fundamentals of the middle and lower middle markets, which remain our core investment focus,” said Luke Sarsfield, P10 Chairman and Chief Executive Officer. “We have exceeded our 2025 organic gross fundraising guidance of $4 billion and now expect to close the year closer to $5 billion raised.”

Stock Repurchase Program

In the third quarter, the Company repurchased 110,032 shares at an average price of $11.34 per share. The repurchase activity left approximately $26 million available under the share repurchase authorization at the end of the third quarter.

Declaration of Dividend

The Board of Directors of the Company has declared a quarterly cash dividend of $0.0375 per share on Class A and Class B common stock, payable on December 19, 2025, to the holders of record as of the close of business on November 28, 2025.

Conference Call Details

The Company will host a conference call at 8:30 a.m. Eastern Time on Thursday, November 6, 2025. All participants must register prior to joining the event.

• To join and view the live webcast, please register here.

• To join by telephone, please register here.

For those unable to participate in the live event, a replay will be made available on P10’s investor relations page at ir.p10alts.com.

About P10

P10 (NYSE: PX) is a leading private markets solutions provider with over $40 billion in assets under management as of September 30, 2025. P10 invests across Private Equity, Private Credit, and Venture Capital in access-constrained strategies, with a focus on the middle and lower-middle market. P10’s products have a global investor base and aim to deliver compelling risk-adjusted returns. For additional information, please visit www.p10alts.com.

Forward-Looking Statements

Some of the statements in this release may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Words such as “will,” “expect,” “believe,” “estimate,” “continue,” “anticipate,” “intend,” “plan” and similar expressions are intended to identify these forward-looking statements. Forward-looking statements discuss management’s current expectations and projections relating to our financial position, results of operations, plans, objectives, future performance, and business. The inclusion of any forward-looking information in this release should not be regarded as a representation that the future plans, estimates, or expectations contemplated will be achieved. Forward-looking statements reflect management’s current plans, estimates, and expectations, and are inherently uncertain. All forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other important factors that may cause actual results to be materially different; global and domestic market and business conditions; successful execution of business and growth strategies and regulatory factors relevant to our business; changes in our tax status; our ability to maintain our fee structure; our ability to attract and retain key employees; our ability to manage our obligations under our debt

agreements; our ability to make acquisitions and successfully integrate the businesses we acquire; assumptions relating to our operations, financial results, financial condition, business prospects and growth strategy; the timing and amount of any share repurchases and our ability to manage the effects of events outside of our control. The foregoing list of factors is not exhaustive. For more information regarding these risks and uncertainties as well as additional risks that we face, you should refer to

EX-99.1

2 px-ex99_1.htm

EX-99.1

EX-99.1

P10 Reports Second Quarter 2025 Earnings Results

Record Organic Fundraising and Deployments of over $1.9 Billion in Gross New Fee-Paying AUM

Fee-Paying AUM grew 21% year over year

Closed acquisition of Qualitas Funds, Bringing Platform-Wide Fee-Paying AUM to $28.9 Billion

DALLAS, August 7, 2025 (GLOBE NEWSWIRE) - P10, Inc. (NYSE: PX) (the “Company”), a leading private markets solutions provider, today reported financial results for the second quarter ended June 30, 2025.

Second Quarter 2025 Financial Highlights

• Revenue: $72.7 million, a 2% increase year over year.

• Fee-Related Revenue: $72.7 million, a 6% increase year over year.

• Fee-Paying Assets Under Management: $28.9 billion, a 21% increase year over year.

• GAAP Net Income: $4.2 million compared to $7.4 million in the prior year.

• Fee-Related Earnings: $35.4 million, a 5% increase year over year.

• Adjusted Net Income: $26.7 million compared to $28.8 million in the prior year.

• Fully Diluted GAAP EPS: $0.03 compared to $0.06 in the prior year.

• Fully Diluted ANI per share: $0.23 compared to $0.24 in the prior year.

A presentation of the quarterly financials may be accessed here and is available on the Company’s website.

“P10 executed across our strategic initiatives, including capital formation, global expansion, and cross-platform collaboration in the second quarter,” said Luke Sarsfield, P10 Chairman and Chief Executive Officer. “Our strategies raised and deployed $1.9 billion in organic gross fee-paying assets. When combined with the $1 billion in fee-paying AUM from the Qualitas Funds transaction and moderate FX tailwinds, our gross fee-paying AUM increased by nearly $3 billion in the quarter. Our momentum is powered by our focus on the middle and lower-middle market, where we see long-term structural advantages that will drive demand for our leading access-constrained solutions.”

Stock Repurchase Program

In the second quarter, the Company repurchased 2,501,083 shares at an average price of $10.49 per share. The repurchase activity left approximately $2.3 million available under the share repurchase authorization at the end of the second quarter. The P10 Board of Directors authorized an additional $25 million for the repurchase plan.

Declaration of Dividend

The Board of Directors of the Company has declared a quarterly cash dividend of $0.0375 per share on Class A and Class B common stock, payable on September 19, 2025, to the holders of record as of the close of business on August 29, 2025.

Conference Call Details

The Company will host a conference call at 8:30 a.m. Eastern Time on Thursday, August 7, 2025. All participants must register prior to joining the event.

• To join and view the live webcast, please register here.

• To join by telephone, please register here.

For those unable to participate in the live event, a replay will be made available on P10’s investor relations page at ir.p10alts.com.

About P10

P10 (NYSE: PX) is a leading private markets solutions provider with over $40 billion in assets under management as of June 30, 2025. P10 invests across Private Equity, Private Credit, and Venture Capital in access-constrained strategies, with a focus on the middle and lower-middle market. P10’s products have a global investor base and aim to deliver compelling risk-adjusted returns. For additional information, please visit www.p10alts.com.

Forward-Looking Statements

Some of the statements in this release may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Words such as “will,” “expect,” “believe,” “estimate,” “continue,” “anticipate,” “intend,” “plan” and similar expressions are intended to identify these forward-looking statements. Forward-looking statements discuss management’s current expectations and projections relating to our financial position, results of operations, plans, objectives, future performance, and business. The inclusion of any forward-looking information in this release should not be regarded as a representation that the future plans, estimates, or expectations contemplated will be achieved. Forward-looking statements reflect management’s current plans, estimates, and expectations, and are inherently uncertain. All forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other important factors that may cause actual results to be materially different; global and domestic market and business conditions; successful execution of business and growth strategies and regulatory factors relevant to our business; changes in our tax status; our ability to maintain our fee structure; our ability to attract and retain key employees; our ability to manage our obligations under our debt agreements; our ability to make acquisitions and successfully integrat

EX-99.1

2 px-ex99_1.htm

EX-99.1

EX-99.1

P10 Reports First Quarter 2025 Earnings Results

Record fundraising and deployments of over $1.4 Billion in Gross New Fee-Paying AUM

Increased Quarterly Dividend by 7%

Completed Acquisition of Qualitas Funds

DALLAS, May 8, 2025 (GLOBE NEWSWIRE) - P10, Inc. (NYSE: PX) (the “Company”), a leading private markets solutions provider, today reported financial results for the first quarter ended March 31, 2025.

First Quarter 2025 Financial Highlights

• Revenue: $67.7 million, a 2% increase year over year.

• Fee-Related Revenue: $67.6 million, a 4% increase year over year.

• Fee-Paying Assets Under Management: $26.3 billion, a 10% increase year over year.

• GAAP Net Income: $4.7 million compared to $5.2 million in the prior year.

• Fee-Related Earnings: $30.7 million compared to $30.7 million in the prior year.

• Adjusted Net Income: $23.5 million compared to $25.4 million in the prior year.

• Fully Diluted GAAP EPS: $0.04 compared to $0.04 in the prior year.

• Fully Diluted ANI per share: $0.20 compared to $0.21 in the prior year.

A presentation of the quarterly financials may be accessed here and is available on the Company’s website.

“In the first quarter, P10 raised and deployed over $1.4 billion in gross new fee-paying AUM, representing the best fundraising quarter in our history,” said Luke Sarsfield, P10 Chairman and Chief Executive Officer. “Our record quarter is a true testament to the strength of our platform and what we are building here at P10. Additionally, we recently completed the acquisition of Qualitas Funds, significantly expanding our global presence. Looking ahead, we believe we are well positioned to meet our fundraising targets and further expand our client franchise by providing unrivaled access to investment opportunities.”

Stock Repurchase Program

In the first quarter, the Company repurchased 1,215,106 shares at an average price of $12.31 per share. The repurchase activity left approximately $28.5 million available under the repurchase authorization at the end of the first quarter.

Declaration of Dividend

The Board of Directors of the Company has declared a quarterly cash dividend of $0.0375 per share on Class A and Class B common stock, an increase of 7%, payable on June 20, 2025, to the holders of record as of the close of business on May 30, 2025.

Conference Call Details

The Company will host a conference call at 8:30 a.m. Eastern Time on Thursday, May 8, 2025. All participants must register prior to joining the event.

• To join and view the live webcast, please register here.

• To join by telephone, please register here.

For those unable to participate in the live event, a replay will be made available on P10’s investor relations page at www.p10alts.com.

About P10

P10 is a leading multi-asset class private markets solutions provider in the alternative asset management industry. P10’s mission is to provide its investors differentiated access to a broad set of investment solutions that address their diverse investment needs within private markets. As of March 31, 2025, P10’s products have a global investor base of more than 3,800 investors across 50 states, 60 countries, and six continents, which includes some of the world’s largest pension funds, endowments, foundations, corporate pensions, and financial institutions. Visit www.p10alts.com.

Forward-Looking Statements

Some of the statements in this release may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Words such as “will,” “expect,” “believe,” “estimate,” “continue,” “anticipate,” “intend,” “plan” and similar expressions are intended to identify these forward-looking statements. Forward-looking statements discuss management’s current expectations and projections relating to our financial position, results of operations, plans, objectives, future performance, and business. The inclusion of any forward-looking information in this release should not be regarded as a representation that the future plans, estimates, or expectations contemplated will be achieved. Forward-looking statements reflect management’s current plans, estimates, and expectations, and are inherently uncertain. All forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other important factors that may cause actual results to be materially different; global and domestic market and business conditions; successful execution of business and growth strategies and regulatory factors relevant to our business; changes in our tax status; our ability to maintain our fee structure; our ability to attract and retain key employees; our ability to manage our obligations under our debt

agreements; our ability to make acquisitions and successfully integrate the businesses we acquire; assumptions relating to o

EX-99.1

2 px-ex99_1.htm

EX-99.1

EX-99.1

P10 Reports Fourth Quarter and Full Year 2024 Earnings Results

Generated Record Quarterly Revenue of $85 Million, a 35% Annual Increase

DALLAS, February 12, 2025 (GLOBE NEWSWIRE) - P10, Inc. (NYSE: PX) (the “Company”), a leading private markets solutions provider, today reported financial results for the fourth quarter and year ended December 31, 2024.

Fourth Quarter 2024 Financial Highlights

• Revenue: $85 million, a 35% increase year over year.

• Fee-Related Revenue: $85 million, a 37% increase year over year.

• Fee-Paying Assets Under Management: $25.7 billion, a 10% increase year over year.

• GAAP Net Income (Loss): $5.7 million compared to $(1.9) million in the prior year.

• Adjusted EBITDA: $42.9 million, a 40% increase year over year.

• Fee-Related Earnings: $42.7 million, a 39% increase year over year.

• Adjusted Net Income: $35.3 million, a 39% increase year over year.

• Fully Diluted GAAP EPS: $0.05 compared to $(0.01) in the prior year.

• Fully Diluted ANI per share: $0.30, a 44% increase year over year.

Fiscal Year End 2024 Financial Highlights

• Revenue: $296.4 million, a 23% increase year over year.

• Fee-Related Revenue: $291.3 million, a 23% increase year over year.

• GAAP Net Income (Loss): $19.7 million, compared to $(7.8) million in the prior year.

• Adjusted EBITDA: $144.5 million, a 17% increase year over year.

• Fee-Related Earnings: $142.1 million, a 15% increase year over year.

• Adjusted Net Income: $120.2 million, an 18% increase year over year.

• Fully Diluted GAAP EPS: $0.16, compared to $(0.06) in the prior year.

• Fully Diluted ANI per share: $1.00, a 22% increase year over year.

A presentation of the quarterly financials may be accessed here and is available on the Company’s website.

“P10 delivered record financial performance in the fourth quarter, capping off a remarkable year. Our investment strategies carried momentum in the fourth quarter, achieving $905 million in gross new fee-paying AUM. We also exceeded our 2024 fundraising guidance by over a billion dollars and delivered strong growth across our platform,” said Luke Sarsfield, P10 Chairman and Chief Executive Officer. “Over the course of 2024, we executed on all strategic priorities outlined at the start of the year, which included optimizing our leadership team, driving increased organic growth, reaccelerating our M&A engine, generating operational efficiencies and enhancing our transparency. The Company is well positioned for an exciting 2025 and to meet or exceed the long-term financial guidance we provided at our inaugural Investor Day in September 2024.”

Stock Repurchase Program

In the fourth quarter, the Company repurchased approximately 815,327 shares at an average price of $12.72 per share. In 2024, the Company repurchased approximately 6,641,827 shares at an average price of $8.88 per share, for a total of $59.1 million in the year. The repurchase activity left approximately $3.5 million available under the repurchase authorization at the end of the fourth quarter. This week, the Board of Directors authorized an additional $40 million under the share repurchase program which brings the total available under the plan to approximately $43.5 million.

Declaration of Dividend

The Board of Directors of the Company has declared a quarterly cash dividend of $0.035 per share on Class A and Class B common stock, payable on March 20th, 2025, to the holders of record as of the close of business on February 28th, 2025.

Conference Call Details

The Company will host a conference call at 8:30 a.m. Eastern Time on Wednesday, February 12, 2025. All participants must register prior to joining the event.

• To join and view the live webcast, please register here.

• To join by telephone, please register here.

For those unable to participate in the live event, a replay will be made available on P10’s investor relations page at www.p10alts.com.

About P10

P10 is a leading multi-asset class private markets solutions provider in the alternative asset management industry. P10’s mission is to provide its investors differentiated access to a broad set of investment solutions that address their diverse investment needs within private markets. As of December 31, 2024, P10’s products have a global investor base of more than 3,800 investors across 50 states, 60 countries, and six continents, which includes some of the world’s largest pension funds, endowments, foundations, corporate pensions, and financial institutions. Visit www.p10alts.com.

Forward-Looking Statements

Some of the statements in this release may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Words such as “will,” “expect,” “believe,” “estimate,” “continue,” “anticipate,” “intend,” “plan” and similar expressions are intended to identify

EX-99.1

3 px-ex99_1.htm

EX-99.1

EX-99.1

P10 Reports Third Quarter 2024 Earnings Results

Generated Record Quarterly Revenue of $74.2 Million, a 26% Annual Increase

DALLAS, November 7, 2024 (GLOBE NEWSWIRE) - P10, Inc. (NYSE: PX) (the “Company”), a leading private markets solutions provider, today reported financial results for the third quarter ended September 30, 2024.

Third Quarter 2024 Financial Highlights

• Revenue: $74.2 million, a 26% increase year over year.

• Fee-Related Revenue: $72.9 million, a 26% increase year over year.

• Fee-Paying Assets Under Management: $24.9 billion, a 10% increase year over year.

• GAAP Net Income/(Loss): $1.3 million compared to $(8.8) million in the prior year.

• Adjusted EBITDA: $35.3 million compared to $29.6 million in the prior year.

• Fee-Related Earnings: $35.1 million compared to $29.5 million in the prior year.

• Adjusted Net Income: $30.8 million, compared to $24.3 million in the prior year.

• Fully diluted GAAP EPS: $0.01 compared to $(0.07) in the prior year.

• Fully diluted ANI per share: $0.26, compared to $0.20 in the prior year.

A presentation of the quarterly financials may be accessed here and is available on the Company’s website.

“In the third quarter P10 delivered record results and made demonstrable progress on our strategic growth plan,” said Luke Sarsfield, P10 Chairman and Chief Executive Officer. “During the quarter, our investment strategies achieved a record $1.4 billion in gross new fee-paying AUM, and we announced our first strategic acquisition in over two years with Qualitas Funds. Following a transformational year for the platform, we believe we are well positioned with the expertise and resources to expand our core service offerings, pursue value creating M&A, and drive shareholder returns.”

Agreement to Acquire Qualitas Funds

As previously announced, on September 16, 2024, P10 entered into a definitive agreement to acquire Qualitas Equity Funds SGEIC, S.A. (“Qualitas Funds”) for an initial purchase price of $63 million with the potential for additional earnout consideration. Qualitas Funds is a Madrid-based private equity investing platform that provides fund-of-funds, direct co-investing and NAV financing opportunities in the European lower-middle market to more than 1,300 limited partners across the ultra-high-net-worth, family office, and institutional channels. The firm has approximately $1 billion in fee-paying assets under management and a strong expected growth trajectory.

The transaction is expected to close in the first quarter of 2025, subject to customary closing conditions and regulatory approvals, including Spanish regulatory approval. For more information on the transaction, please visit the investor relations section of P10’s website, where an investor presentation is available, or access the Company’s filings on the SEC website.

Expanded Credit Agreement

During the quarter, the Company announced an amended and restated credit agreement that increases the Company’s total borrowing capacity from $359 million to $500 million and provides for an ability to increase the amount of the credit facilities by up to $125M, subject to certain conditions. The revised credit agreement extends maturities to August 1, 2028. JPMorgan Chase Bank, N.A., KeyBanc Capital Markets, Inc., and Texas Capital Bank served as joint lead arrangers and joint bookrunners.

Stock Repurchase Program

In the third quarter, the Company repurchased approximately 609,300 shares at an average price of $10.15 per share. The repurchase activity left approximately $13.9 million available under the repurchase authorization at the end of the third quarter.

Declaration of Dividend

The Board of Directors of the Company has declared a quarterly cash dividend of $0.035 per share on Class A and Class B common stock, payable on December 20, 2024, to the holders of record as of the close of business on November 29, 2024.

Conference Call Details

The Company will host a conference call today at 5:00 p.m. Eastern Time. All participants must register prior to joining the event.

• To join and view the live webcast, please register here.

• To join by telephone, please register here.

For those unable to participate in the live event, a replay will be made available on P10’s investor relations page at www.p10alts.com.

About P10

P10 is a leading multi-asset class private markets solutions provider in the alternative asset management industry. P10’s mission is to provide its investors differentiated access to a broad set of investment solutions that address their diverse investment needs within private markets. As of September 30, 2024, P10 has a global investor base of more than 3,800 investors across 50 states, 60 countries, and six continents, which includes some of the world’s largest pension funds, endowments, foundations, corporate pensions, and financial institutions. Visit www.p10alts.com.

Forward-Looking Statements

Some of the statements in

EX-99.1

2 px-ex99_1.htm

EX-99.1

EX-99.1

P10 Reports Second Quarter 2024 Earnings Results

Generated Record Quarterly Revenue of $71.1 Million, a 14% Annual Increase

DALLAS, August 8, 2024 (GLOBE NEWSWIRE) - P10, Inc. (NYSE: PX) (the “Company”), a leading private markets solutions provider, today reported financial results for the second quarter ended June 30, 2024.

Second Quarter 2024 Financial Highlights

• Revenue: $71.1 million, a 14% increase year over year.

• Fee-Related Revenue: $68.3 million, a 12% increase year over year.

• Fee-Paying Assets Under Management: $23.8 billion, an 8% increase year over year.

• GAAP Net Income: $7.4 million compared to $2.1 million in the prior year.

• Adjusted EBITDA: $35.4 million compared to $34.8 million in the prior year.

• Fee-Related Earnings: $33.6 million compared to $34.7 million in the prior year.

• Adjusted Net Income: $28.8 million, compared to $26.7 million in the prior year.

• Fully diluted GAAP EPS: $0.06 compared to $0.02 in the prior year.

• Fully diluted ANI per share: $0.24, compared to $0.22 in the prior year.

A presentation of the quarterly financials may be accessed here and is available on the Company’s website.

“P10 delivered robust performance in the second quarter as we continued to advance the strategic initiatives we laid out at the beginning of 2024,” said Luke Sarsfield, P10 Chairman and Chief Executive Officer. “Our investment strategies have strong momentum in the market, with multiple fund closings exceeding initial covers and $844 million in gross new fee-paying AUM in the second quarter. We remain steadfast in our commitment to our growth initiatives as we further integrate our diversified platform, establish best-in-class systems and processes, and stand up a world-class inorganic growth engine. P10 is positioned to drive long-term shareholder returns as we create value across our leading alternatives strategies.”

Strategic Leadership Appointment

On July 31, 2024, P10 named Sarita Narson Jairath as its EVP and Global Head of Client Solutions, effective September 16, 2024. In her role, Ms. Jairath will oversee the strategy and execution of P10’s organic growth opportunities by deepening and expanding global client relationships, developing new products, and augmenting the market positioning of P10 and its affiliated managers. Ms. Jairath brings more than two decades of institutional investment experience from Blackstone, J.P. Morgan, Goldman Sachs, among others. She will be integral in developing an institutional framework to serve P10’s growing investor base.

Stock Repurchase Program

In the second quarter, the Company repurchased approximately 1.5 million shares at an average price of $8.12 per share. The repurchase activity left approximately $8 million available under the repurchase authorization at the end of the second quarter. This week, the Board of Directors authorized an additional $12 million under the share repurchase program which brings the total available under the plan to approximately $20 million.

Expanded Credit Agreement

On August 5, 2024, the Company announced an amended and restated credit agreement that increases the Company’s total borrowing capacity from $359 million to $500 million. The revised credit agreement extends maturities to August 1, 2028. JPMorgan Chase Bank, N.A., KeyBanc Capital Markets, Inc., and Texas Capital Bank served as joint lead arrangers and joint bookrunners. The bank syndicate is composed of a diversified group of 14 lenders. The Company intends to use the loan proceeds to pay off the outstanding borrowings under its existing credit facilities and execute previously stated organic and inorganic growth initiatives.

Declaration of Dividend

The Board of Directors of the Company has declared a quarterly cash dividend of $0.035 per share on Class A and Class B common stock, payable on September 20, 2024, to the holders of record as of the close of business on August 30, 2024.

Conference Call Details

The Company will host a conference call at 5:00 p.m. Eastern Time on Thursday, August 8, 2024. All participants must register prior to joining the event.

• To join and view the live webcast, please register here.

• To join by telephone, please register here.

For those unable to participate in the live event, a replay will be made available on P10’s investor relations page at www.p10alts.com.

About P10

P10 is a leading multi-asset class private markets solutions provider in the alternative asset management industry. P10’s mission is to provide its investors differentiated access to a broad set of investment solutions that address their diverse investment needs within private markets. As of June 30, 2024, P10 has a global investor base of more than 3,700 investors across 50 states, 60 countries, and six continents, which includes some of the world’s largest pension funds, endowments, foundations, corporate pensions, and financial institutions. Visit www.p10alts.com.

Forwa

EX-99.1

2 px-ex99_1.htm

EX-99.1

EX-99.1

P10 Reports First Quarter 2024 Earnings Results

Generated Record Quarterly Revenue of $66.1 Million, a 15% Annual Increase

Increased Quarterly Dividend by 8%

DALLAS, May 8, 2024 (GLOBE NEWSWIRE) - P10, Inc. (NYSE: PX) (the “Company”), a leading private markets solutions provider, today reported financial results for the first quarter ended March 31, 2024.

First Quarter 2024 Financial Highlights

• Revenue: $66.1 million, a 15% increase year over year.

• Fee-Paying Assets Under Management: $23.8 billion, a 10% increase year over year.

• GAAP Net Income: $5.2 million compared to $0.8 million in the prior year.

• Adjusted EBITDA: $30.8 million compared to $28.4 million in the prior year.

• Adjusted Net Income: $25.4 million, compared to $25.5 million in the prior year.

• Fully diluted GAAP EPS: $0.04 compared to $0.01 in the prior year.

• Fully diluted ANI per share: $0.21, compared to $0.21 in the prior year.

A presentation of the quarterly financials may be accessed here and is available on the Company’s website.

“In the first quarter of 2024, P10 delivered record revenues of $66 million and executed against our strategy to generate long-term growth,” said Luke Sarsfield, P10 Chief Executive Officer. “Our organic growth was underpinned by the $670 million in gross new fee-paying AUM our strategies raised across ten funds. These fundraising levels demonstrate the diversity of demand from our client base. We have advanced the operational initiatives we introduced earlier this year, establishing a strong M&A infrastructure and making key appointments that enhance our management team. We are on track to deliver double-digit annual revenue growth, meet our fundraising targets, and further expand our client franchise to provide unrivaled access to opportunities across the lower and core middle markets.”

Strategic Leadership Appointment

On April 29, 2024, P10 named Melodie Craft to General Counsel. Ms. Craft will lead the Company’s legal function, providing strategic guidance on all corporate governance, legal, and regulatory matters. Ms. Craft is a seasoned attorney, General Counsel, compliance officer, and business advisor with over two decades of legal experience and a longstanding track record as a legal leader. She also has extensive experience leading M&A transactions through requisite legal processes and post-close integration activities.

This follows the previously announced appointment of Arjay Jensen to EVP, Head of Strategy and M&A in February.

Stock Repurchase Program

On February 27, 2024, the Board of Directors of the Company increased the share repurchase authorization by $40 million. In the first quarter, the Company repurchased approximately 3.7 million shares at an average price of $8.15 per share. There is now approximately $21 million remaining on the authorization.

Declaration of Dividend

The Board of Directors of the Company has declared a quarterly cash dividend of $0.035 per share on Class A and Class B common stock, an increase of 8%, payable on June 20, 2024, to the holders of record as of the close of business on May 31, 2024.

Conference Call Details

The Company will host a conference call at 5:00 p.m. Eastern Time on Wednesday, May 8, 2024. All participants must register prior to joining the event.

• To join and view the live webcast, please register here.

• To join by telephone, please register here.

For those unable to participate in the live event, a replay will be made available on P10’s investor relations page at www.p10alts.com.

About P10

P10 is a leading multi-asset class private markets solutions provider in the alternative asset management industry. P10’s mission is to provide its investors differentiated access to a broad set of investment solutions that address their diverse investment needs within private markets. As of March 31, 2024, P10 has a global investor base of more than 3,600 investors across 50 states, 60 countries, and six continents, which includes some of the world’s largest pension funds, endowments, foundations, corporate pensions, and financial institutions. Visit www.p10alts.com.

Forward-Looking Statements

Some of the statements in this release may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Words such as “will,” “expect,” “believe,” “estimate,” “continue,” “anticipate,” “intend,” “plan” and similar expressions are intended to identify these forward-looking statements. Forward-looking statements discuss management’s

current expectations and projections relating to our financial position, results of operations, plans, objectives, future performance, and business. The inclusion of any forward-looking information in this release should not be regarded as a representation that the future plans, estimates, or expectations contem

EX-99.1

2 px-ex99_1.htm

EX-99.1

EX-99.1

P10 Reports Fourth Quarter and Full Year 2023 Earnings Results

Generated Fourth Quarter Revenue and Fee-Paying AUM (FPAUM) Growth of 8% and 10%, Respectively

Announces Key Leadership Appointments

Authorizes Additional Stock Repurchase, Now More Than $50 Million Available

DALLAS, February 29, 2024 (GLOBE NEWSWIRE) - P10, Inc. (NYSE: PX) (the “Company”), a leading private markets solutions provider, today reported financial results for the fourth quarter and year ended December 31, 2023.

Fourth Quarter 2023 Financial Highlights

• Revenue: $63.1 million, an 8% increase year over year.

• Fee-Paying Assets Under Management: $23.3 billion, a 10% increase year over year.

• GAAP Net Income (Loss): $(1.9) million compared to $4.8 million in the prior year.

• Adjusted EBITDA: $30.7 million compared to $30.8 million in the prior year.

• Adjusted Net Income: $25.5 million, a 7% decline year over year.

• Fully diluted GAAP EPS: $(0.01) compared to $0.04 in the prior year.

• Fully diluted ANI per share: $0.21, a 5% decline year over year.

Fiscal Year End 2023 Financial Highlights

• Revenue: $241.7 million, a 22% increase year over year.

• GAAP Net Income (Loss): $(7.8) million, compared to $29.4 million in the prior year.

• Adjusted EBITDA: $123.6 million, a 16% increase year over year.

• Adjusted Net Income: $102 million, a 4% increase year over year.

• Fully diluted GAAP EPS: $(0.06), compared to $0.24 in the prior year.

• Fully diluted ANI per share: $0.82, a 2% increase year over year.

A presentation of the quarterly financials may be accessed here and is available on the Company’s website.

“P10 advanced key operational and investment initiatives in 2023 while generating double-digit asset growth and strong top line growth to close the year,” said Luke Sarsfield, P10 Chief Executive Officer. “We are capitalizing on the attractive middle market opportunity that the current operating environment is offering in the alternatives sector. In 2024, P10 will execute on strategic priorities and make key investments in our platform that will both continue our near-term growth trajectory and set us up for accelerated organic and inorganic growth in future years. The fundamentals of our business are strong. We are a world-class platform that has momentum across each of our strategies. P10 is committed to optimizing our organizational and capital structure in the year ahead to deliver long-term value for our managers, clients and investors.”

Strategic Executive Leadership Update

P10 has made the following appointments to support optimizing the firm’s organizational structure and invest in future growth.

On February 27, 2024, P10 appointed Arjay Jensen to the newly formed role of EVP, Head of Strategy and M&A. Mr. Jensen will oversee P10’s corporate strategy and lead its corporate development and M&A activities. Mr. Jensen, who most recently served as a Managing Director on the Financial Institutions Group’s M&A team at Goldman Sachs, brings over 20 years of dealmaking expertise with other previous experience at Guggenheim Securities and Perella Weinberg Partners. Mr. Jensen has built a distinguished M&A track record and brings extensive transactional, team management and financial markets experience to P10.

Also, on February 27, 2024, Mark Hood was promoted to the role of Chief Administrative Officer, in addition to continuing his current role of EVP of Operations. Mr. Hood will oversee P10’s operations, data and technology, human resources, public relations, communications, and will continue oversight of the investor relations function. He joined P10 in October of 2021 to serve as the Company’s Director of Investor Relations before adding the position of Executive Vice President of Operations to his responsibilities in April of 2022. Mr. Hood has over 30 years of experience in capital markets and business operations, holding various leadership roles at both public and private entities.

The go-forward corporate-level organizational structure at P10 will have four key functional areas, each led by a senior, Executive Vice President-level leader, reporting directly to Luke Sarsfield, P10 Chief Executive Officer. Management will provide further updates on the Company’s earnings conference call.

Additional Stock Repurchase Authorization

On February 27, 2024, the P10 Board of Directors approved a stock repurchase program under which P10 may repurchase up to $40 million of its common stock in the open market from time to time. This amount is incremental to the previously approved program which has $10.6 million remaining in its authorization. Between both programs, P10 has more than $50 million authorized for share repurchases.

Declaration of Dividend

The Board of Directors of the Company has declared a quarterly cash dividend of $0.0325 per share on Class A and Class B common stock, payable on March 26, 2024, to the holders of record as of the close of business on

EX-99.1

2 px-ex99_1.htm

EX-99.1

EX-99.1

P10 Reports Third Quarter 2023 Results

Double-Digit Revenue and Fee Paying AUM Growth

New CEO Luke Sarsfield Joins P10 to Drive Shareholder Value

DALLAS, November 9, 2023 (GLOBE NEWSWIRE) - P10, Inc. (NYSE: PX), a leading private markets solutions provider, today reported financial results for the third quarter ended September 30, 2023.

Third Quarter 2023 Financial Highlights:

• Fee Paying Assets Under Management: $22.7 billion, a 20% increase year over year.

• Revenue: $58.9 million, an 18% increase year over year.

• GAAP Net Income/(Loss): $(8.8) million compared to $5.6 million in the prior year period.

• Adjusted EBITDA: $29.6 million, a 7% increase year over year.

• Adjusted Net Income: $24.3 million, a 3% decrease year over year.

• Fully diluted GAAP EPS: $(.07) compared to $.05 in the prior year period.

• Fully diluted ANI per share: $.20, a 5% decrease year over year.

A presentation of the quarterly financials may be accessed here and is available on the Company’s website.

Declaration of Dividend:

The Board of Directors of the Company has declared a quarterly cash dividend of $.0325 per share on Class A and Class B common stock, payable on December 20, 2023, to the holders of record as of the close of business on November 30, 2023.

Robert Alpert, Executive Chairman, and Clark Webb, Executive Vice Chairman said, “P10’s performance remains strong, generating continued growth against a dynamic economic backdrop. We are proud of our differentiated platform led by a phenomenal team that drives consistent, long-term investment performance. As announced on October 23, 2023, Luke Sarsfield has stepped into the role of chief executive officer and is now a member of the board of directors. He joins P10 at the perfect time as we execute on our next phase of organic and inorganic growth.”

Luke Sarsfield, P10 Chief Executive Officer said, “Our third quarter performance demonstrates the strong fundamentals that will drive future P10 success. Our platform of leading investment franchises is truly extraordinary and provides a foundation for continued organic and inorganic growth. Furthermore, our disciplined focus on the middle and lower middle market establishes us as an attractive partner to a wide variety of investment and financial services firms. I have already hit the ground running with our team, and am confident that we are positioned to deliver long-term value for clients, shareholders, employees, and all of our stakeholders.”

The company will host a conference call at 5:00 p.m. Eastern Time on Thursday, November 9, 2023. All participants must register prior to joining the event.

• To join and view the live webcast, please register here.

• To join by telephone, please register here.

For those unable to participate in the live event, a replay will be made available on P10’s investor relations page at www.p10alts.com.

About P10

P10 is a leading multi-asset class private markets solutions provider in the alternative asset management industry. P10’s mission is to provide its investors differentiated access to a broad set of investment solutions that address their diverse investment needs within private markets. As of September 30, 2023, P10 has a global investor base of more than 3,500 investors across 50 states, 60 countries, and six continents, which includes some of the world’s largest pension funds, endowments, foundations, corporate pensions, and financial institutions. Visit www.p10alts.com.

Forward-Looking Statements

Some of the statements in this release may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Words such as “will,” “expect,” “believe,” “estimate,” “continue,” “anticipate,” “intend,” “plan” and similar expressions are intended to identify these forward-looking statements. Forward-looking statements discuss management’s current expectations and projections relating to our financial position, results of operations, plans, objectives, future performance, and business. The inclusion of any forward-looking information in this release should not be regarded as a representation that the future plans, estimates, or expectations contemplated will be achieved. Forward-looking statements are subject to various risks, uncertainties, and assumptions. Forward-looking statements reflect management’s current plans, estimates, and expectations, and are inherently uncertain. All forward-looking statements are subject to known and unknown risks, uncertainties, and other important factors that may cause actual results to be materially different, including risks relating to: global and domestic market and business conditions; successful execution of business and growth strategies and regulatory factors relevant to our business; changes in our tax status; our ability to maintain our fe

EX-99.1

2 px-ex99_1.htm

EX-99.1

EX-99.1

P10 Reports Second Quarter 2023 Results

Record Fundraising and Deployment Drives Double-Digit Revenue Growth

DALLAS, August 10, 2023 (GLOBE NEWSWIRE) -- P10, Inc. (NYSE: PX), a leading private markets solutions provider, today reported financial results for the second quarter ended June 30, 2023.

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.

•

A presentation of the quarterly financials may be accessed here and is available on the Company’s website.

Declaration of Dividend:

The Board of Directors of the Company has declared a quarterly cash dividend of $.0325 per share of Class A and Class B common stock, payable on September 20, 2023, to the holders of record as of the close of business on August 31, 2023.

Robert Alpert, Chairman and Co-CEO, and Co-CEO Clark Webb said, “P10 delivered record results in the second quarter as our diverse product set and strategies continued to thrive in the face of macroeconomic headwinds. This quarter marks our eighth financial report as a NYSE-listed company, and we believe our performance aligns to the vision we provided investors in 2021. P10 is well positioned for continued growth.”

The Company will host a conference call at 5:00 p.m. Eastern Time on Thursday, August 10, 2023. The call may be accessed here. All participants joining by telephone should dial one of the following numbers, followed by the Participant Access Code provided:

U.S. (toll free):

1-833-470-1428

International:

1-404-975-4839

Participant Access Code:

213469

For those unable to participate in the live call, a replay will be made available on P10’s investor relations page at www.p10alts.com.

About P10

P10 is a leading multi-asset class private markets solutions provider in the alternative asset management industry. P10’s mission is to provide its investors differentiated access to a broad set of investment solutions that address their diverse investment needs within private markets. As of June 30, 2023, P10 has a global investor base of more than 3,400 investors across 50 states, 55 countries, and six continents, which includes some of the world’s largest pension funds, endowments, foundations, corporate pensions, and financial institutions. Visit www.p10alts.com.

Forward-Looking Statements

Some of the statements in this release may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Words such as “will,” “expect,” “believe,” “estimate,” “continue,” “anticipate,” “intend,” “plan” and similar expressions are intended to identify these forward-looking statements. Forward-looking statements discuss management’s current expectations and projections relating to our financial position, results of operations, plans, objectives, future performance, and business. The inclusion of any forward-looking information in this release should not be regarded as a representation that the future plans, estimates, or expectations contemplated will be achieved. Forward-looking statements are subject to various risks, uncertainties, and assumptions. Forward-looking statements reflect management’s current plans, estimates, and expectations, and are inherently uncertain. All forward-looking statements are subject to known and unknown risks, uncertainties, and other important factors that may cause actual results to be materially different, including risks relating to: global and domestic market and business conditions; successful execution of business and growth strategies and regulatory factors relevant to our business; changes in our tax status; our ability to maintain our fee structure; our ability to attract and retain key employees; our ability to manage our obligations under our debt agreements; as well as assumptions relating to our operations, financial results, financial condition, business prospects, growth strategy; and our ability to manage the effects of events outside of our control. The foregoing list of factors is not exhaustive. For more information regarding these risks and uncertainties as well as additional risks that we face, you should refer to the “Risk Factors” included in our annual report on Form 10-K for the year ended December 31, 2022, filed with the U.S. Securities and Exchange Commission (“SEC”) on March 27, 2023, and in our subsequent reports filed from time to time with the SEC. The forward-looking statements i

EX-99.1

2 d386939dex991.htm

EX-99.1

EX-99.1

Exhibit 99.1

P10 Reports First Quarter 2023 Results

Strong Fundraising and Deployment Drives Double-Digit Revenue Growth

DALLAS, May 15, 2023 (GLOBE NEWSWIRE) — P10, Inc. (NYSE: PX), a leading private markets solutions provider, today reported financial results for the first quarter ended March 31, 2023.

First Quarter 2023 Financial Highlights:

•

Fee Paying Assets Under Management: $21.6 billion, a 23% increase year over year.

•

Revenue: $57.3 million, a 32% increase year over year.

•

GAAP Net Income: $.8 million, a 90% decrease year over year.

•

Adjusted EBITDA: $28.4 million, a 27% increase year over year.

•

Adjusted Net Income: $25.5 million, a 14% increase year over year.

•

Fully diluted GAAP EPS: $.01, an 83% decrease year over year.

•

Fully diluted ANI per share: $.21, a 17% increase year over year.

A presentation of the quarterly financials may be accessed here and is available on the Company’s website.

Declaration of Dividend:

The Company has approved an 8% increase in the annual dividend, from $.12 per share to $.13 per share.

The Board of Directors of the Company has declared a quarterly cash dividend of $.0325 per share of Class A and Class B common stock, payable on June 20, 2023, to the holders of record as of the close of business on May 30, 2023.

Robert Alpert, Chairman and Co-CEO, and Co-CEO Clark Webb said, “P10 delivered strong first quarter results amid a challenging macroeconomic environment. We added $911 million to fee paying assets under management. With double-digit growth in revenue, Adjusted EBITDA, and Adjusted Net Income, we believe the company is well positioned for continued growth from an array of complementary and expanding businesses.”

The company will host a conference call at 5:00 p.m. Eastern Time on Monday, May 15, 2023. The call may be accessed here. All participants joining by telephone should dial one of the following numbers, followed by the Participant Access Code provided:

U.S. (toll free):

1-833-470-1428

International:

1-404-975-4839

Participant Access Code:

368551

For those unable to participate in the live call, a replay will be made available on P10’s investor relations page at www.p10alts.com.

About P10

P10 is a leading multi-asset class private markets solutions provider in the alternative asset management industry. P10’s mission is to provide its investors differentiated access to a broad set of investment solutions that address their diverse investment needs within private markets. 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. Visit www.p10alts.com.

Forward-Looking Statements

Some of the statements in this release may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Words such as “will,” “expect,” “believe,” “estimate,” “continue,” “anticipate,” “intend,” “plan” and similar expressions are intended to identify these

forward-looking statements. Forward-looking statements discuss management’s current expectations and projections relating to our financial position, results of operations, plans, objectives, future performance, and business. The inclusion of

any forward-looking information in this release should not be regarded as a representation that the future plans, estimates, or expectations contemplated will be achieved. Forward-looking statements are subject to various risks, uncertainties, and assumptions. Forward-looking statements reflect management’s current plans, estimates, and expectations, and are inherently uncertain. All forward-looking statements are subject to known and unknown risks, uncertainties, and other important factors that may cause actual results to be materially different, including risks relating to: global and domestic market and business conditions; successful execution of business and growth strategies and regulatory factors relevant to our business; changes in our tax status; our ability to maintain our fee structure; our ability to attract and retain key employees; our ability to manage our obligations under our debt agreements; as well as assumptions relating to our operations, financial results, financial condition, business prospects, growth strategy; and our ability to manage the effects of events outside of our control. The foregoing list of factors is not exhaustive. For more information regarding these risks and uncertainties as well as additional risks that we face, you should refer to the “Risk Factors” included in our annual report on Form 10-K for the year ended December 31, 2022, filed with the U.S. Securities and Exchange Commission (“SEC”) on March 27, 2023

EX-99.1

2 d474710dex991.htm

EX-99.1

EX-99.1

Exhibit 99.1

P10 Reports Fourth Quarter and Full Year 2022 Earnings Results

Double-digit, year-over-year growth drives a record 2022

DALLAS, March 6, 2023 (GLOBE NEWSWIRE) — P10, Inc. (NYSE: PX), a leading private markets solutions provider, today reported financial results for the fourth quarter and year ended December 31, 2022.

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.

A presentation of the quarterly financials may be accessed here and is available on the Company’s website.

Declaration of Dividend:

The Board of Directors of the Company has declared a quarterly cash dividend of $.03 per share of Class A and Class B common stock, payable on March 31, 2023, to the holders of record as of the close of business on March 16, 2023.

Robert Alpert, Chairman and Co-CEO, and Co-CEO Clark Webb said, “P10 delivered double-digit growth and strong fourth quarter and full year 2022 profitability. Driven by an expanding and diverse set of strategies with long track records of investing through a variety of market cycles, we strengthened our position as the premier specialized private markets solutions provider in the middle and lower middle market. We are well positioned for continued growth.”

The company will also host a conference call at 5:00 p.m. Eastern Time on Monday, March 6, 2023. The call may be accessed here. All participants joining by telephone should dial one of the following numbers, followed by the Participant Access Code provided:

U.S. (toll free):

1-844-200-6205

US (local):

1-646-904-5544

All other locations:

+1-929-526-1599

Participant Access Code:

388409

For those unable to participate in the live call, a replay will be made available on P10’s investor relations page at www.p10alts.com.

About P10

P10 is a leading multi-asset class private markets solutions provider in the alternative asset management industry. P10’s mission is to provide its investors differentiated access to a broad set of investment solutions that address their diverse investment needs within private markets. As of December 31, 2022, P10 has a global investor base of over 3,100 investors across 50 states, 59 countries, and six continents, which includes some of the world’s largest pension funds, endowments, foundations, corporate pensions, and financial institutions. Visit www.p10alts.com.

Forward-Looking Statements

Some of the statements in this release may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Words such as “will,” “expect,” “believe,” “estimate,” “continue,” “anticipate,” “intend,” “plan” and similar expressions are intended to identify these forward-looking statements. Forward-looking statements discuss management’s current expectations and projections relating to our financial position, results of operations, plans, objectives, future performance, and business. The inclusion of any forward-looking information in this release should not be regarded as a representation that the future plans, estimates, or expectations contemplated will be achieved. Forward-looking statements are subject to various risks, uncertainties, and assumptions. Forward-looking statements reflect management’s current plans, estimates, and expectations, and are inherently uncertain. All forward-looking statements are subject to known and unknown risks, uncertainties, and other important factors that may cause actual results to be materially different, including risks relating to: global and domestic market and business conditions; successful execution of business and growth strategies and regulatory factors relevant to our business; changes in our tax status; our ability to maintain our fee structure; our ability to attract and retain key employees; our ability to manage our obligations under our debt agreements; as well as assumptions relating to our operations, financial results, financial condition, bu

EX-99.1

2 d388969dex991.htm

EX-99.1

EX-99.1

Exhibit 99.1

P10 Reports Third Quarter 2022 Results

Record Results Driven by a 31% Increase in Year-Over-Year Revenue and a 17% Increase in Year-Over-Year Fee Paying Assets Under Management. Company Declares Cash Dividend of $.03 Per Share

Dallas, Texas – November 10, 2022 – P10, Inc. (NYSE: PX), a leading private markets solutions provider, today reported financial results for the third quarter ended September 30, 2022.

Third Quarter 2022 Financial Highlights:

•

Fee Paying Assets Under Management: $19 billion, a 17% increase year-over-year.

•

Revenue: $50 million, a 31% increase year-over-year.

•

GAAP Net Income: $5.6 million, a 38% increase year-over-year.

•

Adjusted EBITDA: $27.8 million, a 28% increase year-over-year.

•

Adjusted Net Income (ANI): $25.1 million, a 56% increase year-over-year.

•

Fully diluted GAAP EPS: $.05, a 23% increase year-over-year.

•

Fully diluted ANI per share: $.21, a 41% increase year-over-year.

Declaration of Dividend:

The Board of Directors of the Company has declared a quarterly cash dividend of $.03 per share of Class A and Class B common stock, payable on December 20, 2022, to the holders of record as of the close of business on November 30, 2022.

Robert Alpert, Chairman and Co-CEO, and Co-CEO Clark Webb said, “P10 continues to deliver double-digit organic growth. With best-in-class strategies that have long track records of investing through various market conditions, we remain confident in our ability to deliver attractive returns for clients and public shareholders.”

A presentation of the quarterly financials may be accessed here and is available on the Company’s website.

Conference Call Details:

The company will host a conference call at 8:30 a.m. Eastern Time on Thursday, November 10, 2022. The call will be webcast live and may be accessed here.

All participants joining by telephone should dial one of the following numbers, followed by the Participant Access Code provided:

U.S. (toll free):

1-844-200-6205

U.S. (local):

1-646-904-5544

All other locations:

+1-929-526-1599

Participant Access Code:

075962

For those unable to participate in the live call, a replay will be made available on P10’s investor relations page.

About P10

P10 is a leading multi-asset class private markets solutions provider in the alternative asset management industry. P10’s mission is to provide its investors differentiated access to a broad set of investment solutions that address their diverse investment needs within private markets. As of September 30, 2022, P10 has a global investor base of over 3,000 investors across 46 states, 54 countries and six continents, which includes some of the world’s largest pension funds, endowments, foundations, corporate pensions, and financial institutions. Visit www.p10alts.com.

Forward Looking Statements

Some of the statements in this release may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Words such as “will,” “expect,” “believe,” “estimate,” “continue,” “anticipate,” “intend,” “plan” and similar expressions are intended to identify these forward-looking statements. Forward-looking statements discuss management’s current expectations and projections relating to our financial position, results of operations, plans, objectives, future performance, and business. The inclusion of any forward-looking information in this release should not be regarded as a representation that the future plans, estimates or expectations contemplated will be achieved. Forward-looking statements are subject to various risks, uncertainties, and assumptions. Forward-looking statements reflect management’s current plans, estimates and expectations and are inherently uncertain. All forward-looking statements are subject to known and unknown risks, uncertainties and other important factors that may cause actual results to be materially different, including risks relating to: global and domestic market and business conditions; successful execution of business and growth strategies and regulatory factors relevant to our business; changes in our tax status; our ability to maintain our fee structure; our ability to attract and retain key employees; our ability to manage our obligations under our debt agreements; as well as assumptions relating to our operations, financial results, financial condition, business prospects, growth strategy; and our ability to manage the effects of events outside of our control. The foregoing list of factors is not exhaustive. For more information regarding these risks and uncertainties as well as additional risks that we face, you should refer to the “Risk Factors” included in our annual report on Form 10-K for the year ended December 31, 2021, filed with the U.S. Securities and Exchange Commission (“SEC”) on Marc

EX-99.1

2 d400818dex991.htm

EX-99.1

EX-99.1

Exhibit 99.1

PRESS RELEASE

P10 Announces Time Change for Third Quarter 2022 Earnings Release on Thursday, November 10, 2022

Dallas, Texas – October 19, 2022 – P10, Inc. (NYSE: PX), a leading private markets solutions provider, today announced it will release its third quarter 2022 results on Thursday, November 10, 2022, before 8:30 a.m. Eastern Time.

The company will also host a conference call at 8:30 a.m. Eastern Time on Thursday, November 10, 2022. The call may be accessed here. All participants joining by telephone should dial one of the following numbers, followed by the Participant Access Code provided:

U.S. (toll free):

1-844-200-6205

US (local):

1-646-904-5544

All other locations:

+1-929-526-1599

Participant Access Code:

075962

For those unable to participate in the live call, a replay will be made available on P10’s investor relations page at www.p10alts.com.

About P10

P10 is a leading multi-asset class private markets solutions provider in the alternative asset management industry. P10’s mission is to provide its investors differentiated access to a broad set of investment solutions that address their diverse investment needs within private markets. As of June 30, 2022, P10 has a global investor base of over 2,700 investors across 49 states, 53 countries and six continents, which includes some of the world’s largest pension funds, endowments, foundations, corporate pensions, and financial institutions. Visit www.p10alts.com.

Ownership Limitations

P10’s Certificate of Incorporation contains certain provisions for the protection of tax benefits relating to P10’s net operating losses. Such provisions generally void transfers of shares that would result in the creation of a new 4.99% shareholder or result in an existing 4.99% shareholder acquiring additional shares of P10.

P10 Press and Investor Contact:

info@p10alts.com

EX-99.1

2 d373224dex991.htm

EX-99.1

EX-99.1

Exhibit 99.1

PRESS RELEASE

P10 Schedules Third Quarter 2022 Earnings Release for Thursday, November 10, 2022

Dallas, Texas – October 17, 2022 – P10, Inc. (NYSE: PX), a leading private markets solutions provider, today announced it will release its third quarter 2022 results on Thursday, November 10, 2022, after U.S. markets close.

The company will also host a conference call at 5:00 p.m. Eastern Time on Thursday, November 10, 2022. The call may be accessed here. All participants joining by telephone should dial one of the following numbers, followed by the Participant Access Code provided:

U.S. (toll free):

1-844-200-6205

US (local):

1-646-904-5544

All other locations:

+1-929-526-1599

Participant Access Code:

075962

For those unable to participate in the live call, a replay will be made available on P10’s investor relations page at www.p10alts.com.

About P10

P10 is a leading multi-asset class private markets solutions provider in the alternative asset management industry. P10’s mission is to provide its investors differentiated access to a broad set of investment solutions that address their diverse investment needs within private markets. As of June 30, 2022, P10 has a global investor base of over 2,700 investors across 49 states, 53 countries and six continents, which includes some of the world’s largest pension funds, endowments, foundations, corporate pensions, and financial institutions. Visit www.p10alts.com.

Ownership Limitations

P10’s Certificate of Incorporation contains certain provisions for the protection of tax benefits relating to P10’s net operating losses. Such provisions generally void transfers of shares that would result in the creation of a new 4.99% shareholder or result in an existing 4.99% shareholder acquiring additional shares of P10.

P10 Press and Investor Contact:

info@p10alts.com

EX-99.1

2 d351860dex991.htm

EX-99.1

EX-99.1

Exhibit 99.1

P10 Reports Second Quarter 2022 Results

Record Results Driven by a 38% Increase in Year-Over-Year Revenue and a 30% Increase in Year-Over-Year Fee Paying Assets Under Management. Company Declares Cash Dividend of $.03 Per Share

Dallas, Texas – August 11, 2022 – P10, Inc. (NYSE: PX), a leading private markets solutions provider, today reported financial results for the second quarter ended June 30, 2022.

Second Quarter 2022 Financial Highlights:

•

Fee Paying Assets Under Management: $18.5 billion, a 30% increase year-over-year.

•

Revenue: $46.7 million, a 38% increase year-over-year.

•

GAAP Net Income: $11.2 million, a 351% increase year-over-year.

•

Adjusted EBITDA: $25.7 million, a 52% increase year-over-year.

•

Adjusted Net Income (ANI): $23.2 million, a 99% increase year-over-year.

•

Fully diluted GAAP EPS: $.09, a 310% increase year-over-year.

•

Fully diluted ANI per share: $.19, an 81% increase year-over-year.

Declaration of Dividend:

The Board of Directors of the Company has declared a quarterly cash dividend of $0.03 per share of Class A and Class B common stock, payable on September 20, 2022, to the holders of record as of the close of business on August 29, 2022.

Robert Alpert, Chairman and Co-CEO, and Co-CEO Clark Webb said, “P10’s strong second quarter results demonstrate our differentiated business model and resilient ecosystem of premier private markets strategies. Fee paying assets under management increased by $1.2 billion, offset by $299 million of fee stepdowns and expirations. We believe we are well positioned for continued growth.”

A presentation of the second quarter financials may be accessed here and is available on the Company’s website.

Conference Call Details:

The company will host a conference call at 5:00 p.m. Eastern Time on Thursday, August 11, 2022. The call will be webcast live and may be accessed here.

All participants joining by telephone should dial one of the following numbers, followed by the Participant Access Code provided:

U.S. (toll free): 1-844-200-6205

U.S.

(local):                             1-646-904-5544

All other locations:                  +1-929-526-1599

Participant Access Code:          866288

For those unable to participate in the live call, a replay will be made available on P10’s investor relations page.

About P10

P10 is a leading multi-asset class private markets solutions provider in the alternative asset management industry. P10’s mission is to provide its investors differentiated access to a broad set of investment solutions that address their diverse investment needs within private markets. As of June 30, 2022, P10 has a global investor base of over 2,700 investors across 49 states, 53 countries and six continents, which includes some of the world’s largest pension funds, endowments, foundations, corporate pensions, and financial institutions. Visit www.p10alts.com.

Forward Looking Statements

Some of the statements in this release may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Words such as “will,” “expect,” “believe,” “estimate,” “continue,” “anticipate,” “intend,” “plan” and similar expressions are intended to identify these forward-looking statements. Forward-looking statements discuss management’s current expectations and projections relating to our financial position, results of operations, plans, objectives, future performance, and business. The inclusion of any forward-looking information in this release should not be regarded as a representation that the future plans, estimates or expectations contemplated will be achieved. Forward-looking statements are subject to various risks, uncertainties, and assumptions. Forward-looking statements reflect management’s current plans, estimates and expectations and are inherently uncertain. All forward-looking statements are subject to known and unknown risks, uncertainties and other important factors that may cause actual results to be materially different, including risks relating to: global and domestic market and business conditions; successful execution of business and growth strategies and regulatory factors relevant to our business; changes in our tax status; our ability to maintain our fee structure; our ability to attract and retain key

employees; our ability to manage our obligations under our debt agreements; as well as assumptions relating to our operations, financial results, financial condition, business prospects, growth strategy; and our ability to manage the effects of events outside of our control. The foregoing list of factors is not exhaustive. For more information regarding these risks and uncertainties as well as additional risks that we face, you should refer to the “Risk Factors” included in our annual report on Form 10-

EX-99.1

2 d359678dex991.htm

EX-99.1

EX-99.1

Exhibit 99.1

PRESS RELEASE

P10 Schedules Second Quarter 2022 Earnings Release for Thursday, August 11, 2022

Dallas, Texas – July 25, 2022 – P10, Inc. (NYSE: PX), a leading private markets solutions provider, today announced it will release its second quarter 2022 results on Thursday, August 11, 2022 after U.S. markets close.

The company will also host a conference call at 5:00 p.m. Eastern Time on Thursday, August 11, 2022. The call may be accessed here. All participants joining by telephone should dial one of the following numbers, followed by the Participant Access Code provided:

U.S. (toll free): 1-844-200-6205

US (local): 1-646-904-5544

All other locations: +1-929-526-1599

Participant Access Code: 866288

For those unable to participate in the live call, a replay will be made available on P10’s investor relations page at www.p10alts.com.

About P10

P10 is a leading multi-asset class private markets solutions provider in the alternative asset management industry. P10’s mission is to provide its investors differentiated access to a broad set of investment solutions that address their diverse investment needs within private markets. As of March 31, 2022, P10 has a global investor base of over 2,500 investors across 49 states, 53 countries and six continents, which includes some of the world’s largest pension funds, endowments, foundations, corporate pensions and financial institutions. Visit www.p10alts.com.

Ownership Limitations

P10’s Certificate of Incorporation contains certain provisions for the protection of tax benefits relating to P10’s net operating losses. Such provisions generally void transfers of shares that would result in the creation of a new 4.99% shareholder or result in an existing 4.99% shareholder acquiring additional shares of P10.

P10 Press and Investor Contact:

info@p10alts.com