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Stellus Capital Management to Become Part of Alternative Asset Manager P10
Prnewswire· 2026-02-05 12:32
Core Viewpoint - Stellus Capital Management has entered into a definitive agreement to be acquired by P10, Inc., enhancing Stellus' resources and expertise while maintaining its existing investment processes and operations [1][2]. Group 1: Company Overview - Stellus Capital Management specializes in senior secured loans in the lower-middle market, with $3.8 billion in assets under management (AUM) and a track record of over $10.3 billion invested in more than 375 portfolio companies [5]. - P10, Inc. is a private markets solutions provider with over $40 billion in AUM, focusing on the middle and lower-middle market across various investment strategies [6]. Group 2: Strategic Rationale - The acquisition is seen as a strategic partnership that will broaden access to direct lending opportunities for Stellus' clients while preserving its core investment philosophy [2][3]. - Stellus' management team will retain control over day-to-day operations, ensuring continuity in investment decisions and processes [1]. Group 3: Leadership Insights - Robert Ladd, Managing Partner of Stellus, emphasized the alignment of investment approaches between Stellus and P10, which will enhance their ability to develop new strategies and investment vehicles [3]. - Luke Sarsfield, Chairman and CEO of P10, highlighted the acquisition as part of P10's long-term strategy to partner with specialized investment managers, adding a strong direct lending franchise to their platform [3]. Group 4: Transaction Details - The transaction is expected to close in mid-2026, pending shareholder approvals and customary closing conditions [3]. - Goldman, Sachs & Co. is acting as the exclusive financial advisor for Stellus, while legal advisors include Eversheds Sutherland (US) LLP and Winston & Strawn LLP [4].
P10 Expands into Lower-Middle Market Direct Lending with Acquisition of Stellus Capital Management
Globenewswire· 2026-02-05 12:30
Established direct lender with a 20+ year track record will add approximately $3.8 billion in assets under managementLower-middle market focus a natural fit with existing P10 strategies DALLAS, Feb. 05, 2026 (GLOBE NEWSWIRE) -- P10, Inc. (NYSE: PX) (“P10” or the “Company”), a leading private markets solutions provider, today announced it has entered into a definitive agreement to acquire Stellus Capital Management, LLC (“Stellus”), a U.S. direct lender specializing in senior secured loans in the lower-midd ...
Bonaccord Capital Partners Named 2025 Middle Market GP Stakes Firm of the Year by GP Stakes News
Globenewswire· 2026-01-30 12:30
DALLAS, Jan. 30, 2026 (GLOBE NEWSWIRE) -- P10, Inc. (NYSE: PX) (the “Company”), a leading private markets solutions provider, and Bonaccord Capital Partners (“Bonaccord”), a private equity firm focused on providing growth capital and strategic support to middle-market private markets sponsors, are pleased to announce that Bonaccord has been named 2025 Middle Market GP Stakes Firm of the Year by GP Stakes News. “We congratulate Bonaccord on being named 2025 Middle Market GP Stakes Firm of the Year by GP Stak ...
P10 and Bonaccord Capital Partners Team with CAIS to Expand Wealth Channel Access to GP Stakes Solutions
Globenewswire· 2026-01-29 12:30
Core Insights - P10, Inc. and Bonaccord Capital Partners announced a collaboration with CAIS to enhance access to GP stakes solutions for financial advisors [1][2] - The partnership aims to broaden the reach of P10's middle-market expertise and support financial advisors in incorporating GP stakes into client portfolios [2][3] Company Overview - P10, Inc. is a leading private markets solutions provider with over $40 billion in assets under management as of September 30, 2025, focusing on Private Equity, Private Credit, and Venture Capital in access-constrained strategies [4][5] - Bonaccord Capital Partners specializes in providing growth capital and strategic support to mid-market private markets sponsors across various sectors, including private equity and real estate [5] Industry Trends - There is a significant increase in demand for alternative investments among financial advisors, with a recent survey indicating that 90% of advisors are currently allocating to alternatives and 88% plan to increase their allocations in the next two years [2][3] - Financial advisors are increasingly interested in GP stakes as a means to enhance diversification and gain exposure to established managers, which were historically dominated by institutional investors [3] CAIS Platform - CAIS serves over 2,000 wealth management firms and 62,000 financial advisors, overseeing approximately $7.5 trillion in end-client assets [7] - The platform is recognized for its innovation and leadership in the alternative investment space, providing a comprehensive operating system for financial advisors and alternative asset managers [8]
Pelangio Refiles Technical Report for Manfo Gold Project
TMX Newsfile· 2026-01-26 22:00
Toronto, Ontario--(Newsfile Corp. - January 26, 2026) - Pelangio Exploration Inc. (TSXV: PX) ("Pelangio" or the "Company") announces that, as a result of an issue oriented continuous disclosure review by staff of the Ontario Securities Commission ("OSC"), the Company has amended and refiled its technical report for the Manfo Gold Project, Ghana (the "Technical Report"). As a consequence of the OSC Review, the Company amended the Technical Report to bring it into conformity with certain requirements of Nati ...
P10 Schedules Fourth Quarter and Full Year 2025 Earnings Release for Thursday, February 12, 2026
Globenewswire· 2026-01-22 12:30
DALLAS, Jan. 22, 2026 (GLOBE NEWSWIRE) -- P10, Inc. (NYSE: PX) (the “Company”), a leading private markets solutions provider, today announced it will release its fourth quarter and full year 2025 results on Thursday, February 12, 2026, before U.S. markets open. The upcoming financial results will mark the Company’s inaugural quarterly report and conference call as Ridgepost Capital, Inc., after the new name becomes effective on February 11, 2026. The Company will host an earnings conference call at 8:30 a.m ...
P10 Announces Upcoming Name Change
Globenewswire· 2026-01-12 12:00
Core Viewpoint - The company P10, Inc. will change its name to Ridgepost Capital, Inc. effective February 11, 2026, reflecting its integrated platform in the middle and lower-middle market segments [1][2]. Company Overview - P10, now Ridgepost Capital, is a leading private markets solutions provider with over $40 billion in assets under management as of September 30, 2025 [3]. - The company focuses on private equity, private credit, and venture capital, targeting access-constrained strategies in the middle and lower-middle market [3]. Strategic Focus - The new name symbolizes the company's upward trajectory and unification as a cohesive enterprise, emphasizing its proprietary investment focus on diversified strategies [2]. - Ridgepost Capital aims to provide shareholders with exposure to a variety of investment strategies across different asset classes [2].
P10 Opens New Office in Dubai, Strengthening Capabilities in the Middle East Region
Globenewswire· 2026-01-06 12:00
Company Expansion - P10, Inc. has opened a new office in Dubai within the Dubai International Financial Centre (DIFC), licensed by the Dubai Financial Services Authority (DFSA) [1] - This expansion reflects P10's long-term commitment to the UAE and aims to support client partnerships across the Middle East [1][2] Leadership Statements - Luke Sarsfield, P10 Chairman and CEO, emphasized the importance of having a local presence in the DIFC, highlighting the UAE's stability and leadership in creating a diversified economy [2] - Sarita Jairath, P10 Global Head of Client Solutions, expressed excitement about building P10's presence in Dubai, noting the city's commitment to innovation and infrastructure as attractive for global investors [2] Company Overview - P10 manages over $40 billion in assets as of September 30, 2025, focusing on Private Equity, Private Credit, and Venture Capital in access-constrained strategies [3] - The company targets the middle and lower-middle market and aims to deliver compelling risk-adjusted returns to a global investor base [3]
Pelangio Exploration Announces Receipt of $1,395,933 in Proceeds from Warrant Exercise
TMX Newsfile· 2025-12-23 22:30
Core Viewpoint - Pelangio Exploration Inc. has raised gross proceeds of $1,395,933.35 through the exercise of 27,918,667 common share purchase warrants at an exercise price of $0.05 per warrant, which will be used to advance its projects and for general working capital [1][2]. Group 1: Financial Details - The company received gross proceeds of $1,395,933.35 from the exercise of 27,918,667 common share purchase warrants [1]. - The exercise price for the warrants was set at $0.05 each [1]. Group 2: Use of Proceeds - The proceeds will be allocated towards advancing the company's projects and for general working capital and corporate purposes [2]. - The company plans to continue work across its Ghana and Canadian portfolios [2]. Group 3: Company Overview - Pelangio Exploration Inc. focuses on acquiring and exploring land packages in gold-rich regions, specifically in Ghana and Canada [3]. - In Ghana, the company is exploring two 100% owned properties: the 100 km² Manfo property, which has eight near-surface gold discoveries, and the 284 km² Obuasi property, located near AngloGold Ashanti's high-grade Obuasi Mine [3].
RCP Advisors Recognized by Pensions & Investments' Best Places to Work in Money Management and Crain's 2025 Best Places to Work in Chicago
Globenewswire· 2025-12-18 21:30
Core Insights - RCP Advisors has been recognized as one of the 2025 Best Places to Work in Money Management by Pensions & Investments, marking its second consecutive win in this category [1][2] - RCP Advisors has also been acknowledged by Crain's as one of the 2025 Best Places to Work in Chicago, highlighting its commitment to creating a positive workplace culture [2] Company Overview - P10, Inc. is a leading private markets solutions provider with over $40 billion in assets under management as of September 30, 2025, focusing on Private Equity, Private Credit, and Venture Capital [5] - RCP Advisors, a subsidiary of P10, specializes in North American small buyout strategies and has established itself as a significant player in this niche with 58 funds and over 560 partnership investments as of December 1, 2025 [6] Recognition Process - The Best Places to Work in Money Management award is based on a two-step process involving employer questionnaires and employee engagement surveys, with employee responses accounting for 80% of the total score [4] - Employers needed to have at least 20 employees in the U.S. and $100 million in discretionary institutional assets to qualify for the survey [4]