Company Overview - P10, Inc. has been renamed to Ridgepost Capital, Inc. effective February 11, 2026, and will trade under the symbol "RPC" on the New York Stock Exchange and NYSE Texas [1] - Ridgepost Capital is a leading private markets solutions provider with over $40 billion in assets under management as of September 30, 2025 [2] - The company focuses on investments across Private Equity, Private Credit, and Venture Capital, particularly in access-constrained strategies targeting the middle and lower-middle market [2] Investment Strategy - Ridgepost Capital aims to deliver compelling risk-adjusted returns to a global investor base [2] - The company’s investment strategies are designed to capitalize on opportunities within the private markets [2]

分组1 - Gold.com reported quarterly earnings of $0.91 per share, exceeding the Zacks Consensus Estimate of $0.70 per share, and showing an increase from $0.55 per share a year ago, resulting in an earnings surprise of +30.00% [1] - The company achieved revenues of $6.48 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 121.20%, compared to year-ago revenues of $2.74 billion [2] - Gold.com shares have increased approximately 51.2% since the beginning of the year, significantly outperforming the S&P 500's gain of 0.5% [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $0.83 on revenues of $3.03 billion, and for the current fiscal year, it is $2.80 on revenues of $12.66 billion [7] - The Zacks Industry Rank for Financial - Miscellaneous Services is in the top 33% of over 250 Zacks industries, indicating a favorable outlook for the industry [8]

分组1 - ChoiceOne Financial Services, Inc. reported quarterly earnings of $0.92 per share, exceeding the Zacks Consensus Estimate of $0.91 per share, and up from $0.83 per share a year ago, representing an earnings surprise of +1.66% [1] - The company posted revenues of $42.94 million for the quarter ended December 2025, which missed the Zacks Consensus Estimate by 2.19%, compared to year-ago revenues of $24.34 million [2] - The stock has added about 0.1% since the beginning of the year, underperforming the S&P 500's gain of 1.8% [3] 分组2 - The current consensus EPS estimate for the coming quarter is $0.88 on revenues of $43.6 million, and for the current fiscal year, it is $3.52 on revenues of $176.7 million [7] - The Zacks Industry Rank for Financial - Miscellaneous Services is currently in the top 39% of over 250 Zacks industries, indicating a favorable outlook for the industry [8] - The estimate revisions trend for ChoiceOne Financial Services was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, suggesting it is expected to perform in line with the market [6]

Group 1 - Hark Capital closed a $57.5 million NAV facility to support Insignia Capital Group's investment activities, focusing on North American companies in business services and consumer products [1][2] - The funds will be utilized for a new platform investment and to bridge Insignia's third flagship fund [1] - Insignia Capital Group aims to leverage this flexible capital to pursue growth opportunities and enhance its market position [2] Group 2 - Hark Capital has established itself as a leader in NAV lending, providing innovative fund finance solutions to middle-market private equity sponsors [2][3] - Since its inception in 2013, Hark Capital has deployed over $2.0 billion across more than 60 sponsors in North America and Europe [4] - P10, the parent company of Hark Capital, manages over $40 billion in assets and focuses on private equity, private credit, and venture capital in the middle and lower-middle market [4] Group 3 - Insignia Capital Group is a growth-oriented private equity firm that collaborates with company founders to drive growth in the consumer and business services sectors [5]

Core Insights - P10, Inc. reported quarterly earnings of $0.24 per share, exceeding the Zacks Consensus Estimate of $0.23 per share, but down from $0.26 per share a year ago, resulting in an earnings surprise of +4.35% [1] - The company posted revenues of $75.93 million for the quarter ended September 2025, missing the Zacks Consensus Estimate by 2.62%, compared to $74.24 million in the same quarter last year [2] - P10 shares have declined approximately 16.1% year-to-date, contrasting with the S&P 500's gain of 15.6% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.25 on revenues of $82.45 million, and for the current fiscal year, it is $0.91 on revenues of $301.04 million [7] - The estimate revisions trend for P10 was favorable prior to the earnings release, leading to a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Financial - Miscellaneous Services industry, to which P10 belongs, is currently ranked in the top 35% of over 250 Zacks industries, suggesting a favorable outlook for stocks within this sector [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Third Quarter 2025 Results Earnings Presentation Important Disclosures IMPORTANT NOTICES The inclusion of references to P10, Inc. ("P10" or the "Company") in this presentation is for information purposes only as the holding company of various subsidiaries. P10 does not offer investment advisory services and this presentation is neither an offer of any investment products nor an offer of advisory services by P10. By accepting this presentation, you acknowledge that P10 is not offering investment advisory ser ...

Core Insights - Tanger (SKT) reported quarterly funds from operations (FFO) of $0.6 per share, exceeding the Zacks Consensus Estimate of $0.58 per share, and up from $0.54 per share a year ago, representing an FFO surprise of +3.45% [1] - The company posted revenues of $137.23 million for the quarter ended September 2025, slightly missing the Zacks Consensus Estimate by 0.45%, but up from $125.22 million year-over-year [2] - Over the last four quarters, Tanger has surpassed consensus FFO estimates three times and topped consensus revenue estimates three times as well [2] Financial Performance - The current consensus FFO estimate for the upcoming quarter is $0.59 on revenues of $142.55 million, and for the current fiscal year, it is $2.27 on revenues of $543.36 million [7] - The stock has underperformed the market, losing about 4% since the beginning of the year, while the S&P 500 has gained 16.5% [3] Industry Context - The REIT and Equity Trust - Retail industry, to which Tanger belongs, is currently ranked in the top 23% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research shows a strong correlation between near-term stock movements and trends in estimate revisions, suggesting that investors should monitor these revisions closely [5]

Core Insights - RCP Advisors successfully closed RCP Secondary Opportunity Fund V, LP with $1.26 billion in capital commitments, surpassing its initial target of $1 billion, indicating strong investor confidence in the firm's strategy and the demand for North American small buyout funds [1][2][3] Fund Overview - RCP SOF V will focus on investments primarily through secondary market purchases or other secondary transactions, targeting private equity funds that concentrate on leveraged buyouts, growth, or restructuring transactions [2][4] - The Fund attracted a diverse group of limited partners, including high net worth individuals, pension funds, endowments, foundations, and insurance companies [1] Company Background - P10, Inc. manages over $40 billion in assets as of June 30, 2025, investing across Private Equity, Private Credit, and Venture Capital, with a focus on the middle and lower-middle market [5] - RCP Advisors, a subsidiary of P10, has established itself as a significant player in the North American small buyout fund space, managing 58 funds and over 550 partnership investments as of June 30, 2025 [6]

Core Viewpoint - CSX Corp. has appointed Steve Angel as the new president and CEO, effective September 28, succeeding Joe Hinrichs, amid challenges in improving stock performance and industry competition [1][5][6]. Leadership Change - Steve Angel, former CEO of Linde, has been named president and CEO of CSX, and he will also join the CSX board [1]. - The leadership change comes unexpectedly after Hinrichs hosted a significant media event for the reopening of the Howard Street tunnel, crucial for CSX's intermodal traffic expansion [2]. Performance Context - Under Hinrichs, CSX's stock price did not show significant improvement since his appointment in late September 2022, and the company's performance metrics lagged behind other Class I carriers [5]. - Activist investor Ancora Holdings had previously called for Hinrichs to resign due to the lack of substantial performance improvements [5]. Industry Landscape - The leadership change follows a proposed $85 billion merger between Union Pacific and Norfolk Southern, which could reshape the U.S. railroad industry [6]. - Berkshire Hathaway, the parent company of BNSF, has decided not to pursue a merger with CSX, leaving the company in a challenging position amid potential industry restructuring [6]. Future Outlook - CSX has stated it still expects to achieve full-year volume growth despite the leadership transition [7]. - Steve Angel expressed his commitment to ensuring safety, delivering reliable service, and increasing shareholder value as his top priorities [10].

Core Insights - Hark Capital has closed a $50 million NAV facility with Pharos IV-A, L.P., aimed at supporting healthcare investments [1][2] - The financing will be utilized for both new and existing investments in Pharos' healthcare portfolio [1] - This transaction marks the third financing facility between Hark Capital and Pharos Capital Group, indicating a strong partnership [2] Company Overview: Hark Capital - Hark Capital, a subsidiary of P10, Inc., has been providing non-dilutive fund finance solutions since 2013, focusing on NAV-based and management company facilities [3] - The firm has deployed over $1.7 billion across more than 130 transactions with over 60 sponsors in the US, Canada, and Europe [3] Company Overview: Pharos Capital Group - Pharos Capital Group is a physician-founded investment firm based in Dallas and Nashville, focusing on healthcare companies that aim to reduce costs and improve patient outcomes [3] - As of June 30, 2025, Pharos has invested in 61 companies and manages over $900 million in private equity assets [3] - The firm typically invests between $25 million and $50 million in middle-market companies seeking growth funding [3]