UK's Bridgepoint 2025 AUM rises, driven by fundraising and fund performance

Bridgepoint

12/03/2026 07:11

Overview

UK private markets investor's preliminary 2025 adjusted EBITDA, operating profit and pretax profit beat estimates

Assets under management rose 24.5% to $94.1 bln, driven by fundraising and fund performance

Company extended £50 mln share buyback programme, to complete by May 2027

Outlook

Bridgepoint expects management fee growth of 13-16% in 2026 and 2027

Company expects EBITDA margin of 55-60% in 2026/27

PRE expected to be 20-25% of total income in 2026 and 2027

Result Drivers

MANAGEMENT FEE GROWTH - Underlying management fee income rose 13% excluding catch-up fees, driven by higher fee-paying AUM

FUNDRAISING MOMENTUM - Strong fundraising across flagship funds and increased investor commitments supported AUM growth and future fee income

CAPITAL DEPLOYMENT AND EXITS - €7.8 bln deployed and €8.1 bln returned to fund investors, with notable exits in private equity and infrastructure boosting performance-related earnings

Company press release: ID:nRSL3677Wa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Net Income
GBP 56.70 mln
FY Adjusted EBITDA
Beat
GBP 304.80 mln
GBP 288.75 mln (7 Analysts)
FY Adjusted Operating Profit
Beat
GBP 579.30 mln
GBP 248.32 mln (7 Analysts)
FY Adjusted Pretax Profit
Beat
GBP 251.50 mln
GBP 223.23 mln (8 Analysts)
FY EBITDA
GBP 242.70 mln
FY Pretax Profit
GBP 85.70 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the investment management & fund operators peer group is "buy"

Wall Street's median 12-month price target for Bridgepoint Group PLC is GBp375.00, about 65.2% above its March 11 closing price of GBp227.00

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 12 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)