Picture of Ridgepost Capital logo

RPC — Ridgepost Capital News Story

0.000.00%
us flag iconLast trade - 00:00
FinancialsBalancedMid CapNeutral

Ridgepost Capital's Q1 fee-paying AUM rises 18%

Overview

US private markets provider's Q1 fee-paying AUM grew 18% yr/yr to $31 bln

Company repurchased 701,439 shares for about $6 mln during Q1

Board declared $0.04 per share dividend for Q1

Outlook

Company did not provide specific guidance for the current or future periods in press release

Result Drivers

FUNDRAISING - Q1 growth driven by nearly $2 bln of gross capital raised and deployed, per CEO Luke Sarsfield

AUM GROWTH - Fee-paying AUM rose 18% yr/yr to $31 bln, surpassing $30 bln for the first time, attributed to increased fundraising activity

Company press release: ID:nGNXbBKQfT

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 Dividend$0.04
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.)

Recent news on Ridgepost Capital

See all news