DALLAS, Jan. 12, 2026 (GLOBE NEWSWIRE) -- P10, Inc. (NYSE: PX) (the “Company”), a leading private markets solutions provider, today announced it will change its name to Ridgepost Capital, Inc. The name change will become effective on February 11, 2026. Starting that day, the Company’s stock will trade on the New York Stock Exchange and NYSE Texas under the new ticker symbol “RPC.” A ridgepost is a marker on higher ground signifying stability, perspective, and protection. This new name encompasses the Compan ...

Core Insights - India's industry, trade, and commerce are experiencing a significant shift in credit sourcing, with non-traditional funding sources gaining prominence amid a GDP growth averaging around 8% over the past few years [1][5]. Credit Flow Trends - The flow of bank credit in FY25 decreased by approximately ₹3.4 lakh crore, dropping from ₹21.4 lakh crore to ₹18 lakh crore, while non-bank sources compensated for this decline with an increase of ₹4.3 lakh crore, rising from ₹12.5 lakh crore in FY24 to ₹16.8 lakh crore in FY25 [2][4]. - In FY26 (up to October 31), the total flow of financial resources to the commercial sector increased to ₹20.1 lakh crore from ₹16.2 lakh crore a year ago, with non-bank sources contributing ₹8,95,813 crore, marking a 39% year-on-year increase [13]. Non-Bank Financing Sources - Non-bank financing sources include commercial papers, corporate bonds, private equity, venture capital, credit from non-banking financial companies (NBFCs), external commercial borrowings (ECBs), and foreign direct investments (FDI) [6]. - In FY25, corporate bond issuances reached ₹9.9 lakh crore, a 16.1% increase from the previous year, while investments from alternative investment funds (AIFs) grew by 32% year-on-year to ₹5,38,161 crore as of March-end 2025 [20]. Structural Changes in Financing - The shift towards non-bank financing is driven by India's rapid economic expansion and formalization, which have increased corporate financing needs, while banks face exposure limits and tighter lending norms [18]. - Companies are increasingly seeking non-bank capital as it offers faster execution, higher ticket sizes, and capital aligned with long-term growth rather than short-term debt servicing [19]. Regulatory Environment - The RBI and SEBI are encouraging diversification of corporate funding by deepening the corporate bond market and enhancing supervision of NBFCs, which reflects a regulatory nudge towards non-bank financing [21][22]. - The upcoming withdrawal of guidelines that limited bank credit to large borrowers is expected to allow banks to increase their lending to corporations, potentially balancing the shift towards non-bank sources [24][25].

Core Insights - The review of ERISA fiduciary guidelines by President Trump has led to increased interest in alternative investments among 401(k) plan advisors [1] - A significant portion of defined contribution plan advisors are likely to recommend alternative investments, with 10% already doing so [1][2] Group 1: Advisor Interest in Alternative Investments - Approximately 25% of defined contribution plan advisors are likely to recommend alternative investments in workplace plans [1] - Private equity, private real estate, and private credit are the most favored asset classes, with over one-third of advisors either recommending them or showing strong interest [2] - Hedge funds and venture capital have moderate support, while private infrastructure and secondaries have lower enthusiasm, with only about 25% of advisors expressing interest [2] Group 2: Retail vs. Institutional Interest - Interest in alternative investments is rising among retail investors, similar to trends observed in the defined contribution plan space [3] - Advisors have historically used alternatives for high-net-worth and institutional clients, but these options are becoming relevant for employees across various income levels [3] Group 3: Cryptocurrency Interest Discrepancy - Only 2% of surveyed advisors are actively recommending cryptocurrency, with an additional 17% interested in future recommendations [4] - In contrast, 9% of plan participants are already investing in cryptocurrency, and 25% express strong interest, indicating a 74% higher interest in crypto among participants compared to advisors [5] - An investment management consultant suggests that both private equity and cryptocurrency should have limited allocations in portfolios, recommending 5% for older participants and 15% for younger ones [6]

Industry Overview - The Zacks Investment Management industry is experiencing growth driven by asset growth, digital transformation, evolving investment vehicles, deeper personalization, and strategic scale [1] - Investment managers, also known as asset managers, manage various financial investments for clients, providing diversification and reducing volatility impacts [3] Key Trends - Continued asset inflows are expected to drive AUM growth, with equity markets performing well and institutional interest increasing [4] - There is a notable rise in inflows into alternative investments, including index funds, private credit funds, and ETFs, alongside the growth of tokenized assets [5] - Mergers and acquisitions (M&As) are being utilized by firms to expand scale, cut costs, and enhance product diversification [6][7] - Elevated expenses due to regulatory compliance and technology upgrades are anticipated to impact profits, although investments in AI and digital platforms may improve margins in the long run [9][10] Industry Performance - The Zacks Investment Management industry ranks 58, placing it in the top 24% of 243 Zacks industries, indicating positive near-term prospects [11][12] - The industry's earnings estimates have been revised upward by 1.9% since April 2025, reflecting growing analyst confidence [13] Comparative Analysis - Over the past two years, the industry has underperformed the S&P 500 Index, gaining 33.9% compared to the S&P 500's 52% increase [15] - The industry's trailing 12-month price-to-tangible book (P/TB) ratio is 3.35X, significantly lower than the S&P 500's 12.55X, indicating a discount compared to the broader market [18][19] Company Highlights - **Ameriprise Financial (AMP)**: As of September 30, 2025, AMP's total AUM was $1.66 trillion, with a CAGR of 5.9% in net revenues over the last five years [27][28]. The company has been restructuring to improve profitability and has a Zacks Rank of 2 (Buy) [31] - **Invesco (IVZ)**: IVZ's AUM reached $2.1 trillion as of September 30, 2025, with a CAGR of 8.5% over the last five years [34]. The company has undertaken initiatives to improve efficiency and has a Zacks Rank of 1 (Strong Buy) [38] - **Affiliated Managers Group (AMG)**: AMG's total AUM was $803.6 billion as of September 30, 2025, with a recent shift towards private markets and liquid alternatives to counter revenue challenges [41][43]. The company also holds a Zacks Rank of 1 [45]

Group 1 - The article discusses the inefficacy of most active managers in adding value to investments, even in favorable market conditions, highlighting the unpredictability of market climates that may benefit active management [1] - JP Morgan is launching a new wrap-fee advisory platform named J.P. Morgan Managed Services, which will provide access to managed portfolios from both JP Morgan and third-party investment managers [2] - Business Development Companies (BDCs) are facing scrutiny as their stock prices have fallen to multi-year lows, and bond spreads have widened significantly, indicating potential challenges in the private credit market [3] Group 2 - The article explores the implications of ETF share classes for mutual funds, noting the operational challenges and potential outcomes for mutual fund companies that have not yet adopted ETF offerings [4] - Swap financing costs for certain funds have risen significantly, accounting for 6.40% to 8.60% of average daily net assets, with annual costs from spread components ranging from 3.00% to over 4.10% [5] - Private credit is projected to anchor $119 billion in alternative flows by 2026, with a year-over-year growth rate of around 6%, reflecting a substantial increase in fundraising since 2020 [6] Group 3 - Asset managers are increasing efforts to encourage the use of artificial intelligence tools among employees, with some tracking usage and incorporating it into performance evaluations [7] - A new GOP bill aims to codify a previous executive order by President Trump, facilitating retirement plans' investments in private markets [8] - The number of private equity and venture capital funds has surpassed the number of McDonald's franchises, indicating a significant rise in alternative investments, which now account for approximately 12% of US investments [9] Group 4 - The wealth management sector is experiencing a deal boom, driven by an increase in high-net-worth investors, who collectively hold an estimated $140 trillion in global private assets [10]

Investment Options Overview - The article discusses various investment options outside of the stock market, emphasizing the importance of diversification to mitigate risks associated with market volatility [6] - It highlights that investments can range from very safe to highly volatile, suggesting that investors should conduct thorough research before committing funds [6] Savings Bonds - Savings bonds, such as Series EE and Series I bonds, are low-risk investments backed by the government, with Series I bonds offering interest rates linked to inflation [1] - These bonds provide stable interest payments over a specified period, making them suitable for conservative investors [1] Peer-to-Peer Lending - Peer-to-peer lending platforms like Prosper and Lending Club allow investors to fund loans with small amounts, starting as low as $25, and earn interest as borrowers repay their loans [3] Real Estate Investment Trusts (REITs) - REITs enable investors to gain exposure to real estate without needing significant capital or extensive research, as they invest in various properties and distribute rental income to shareholders [4][5] Gold Investments - Investors can diversify their portfolios by investing in gold through various means, including bullion, coins, mining companies, and mutual funds [7] - It is crucial to ensure the reputation of companies involved in gold transactions, especially if they offer storage services [8] Certificates of Deposit (CDs) - CDs are bank accounts that provide fixed interest rates for a set term, insured by the FDIC, offering a safe investment option with predictable returns [9] Corporate Bonds - Corporate bonds are issued by companies to raise capital, paying interest over time and returning the principal at maturity, with interest rates reflecting the borrower's risk level [11][12] Commodities Futures - Investing in commodities futures involves contracts for future delivery of goods, which can be profitable but also carries significant risk due to market volatility [13] Vacation Rentals - Purchasing vacation homes for rental purposes can provide both personal enjoyment and investment returns, although liquidity may be a concern in urgent financial situations [14] Cryptocurrencies - Cryptocurrencies are highly volatile digital currencies, with Bitcoin being the most recognized, appealing primarily to risk-tolerant investors [15] Municipal Bonds - Municipal bonds, issued by state and local governments, offer tax-exempt interest, making them attractive despite typically lower rates compared to corporate bonds [16] Private Equity and Venture Capital - Private equity funds invest in privately held companies, often requiring high net worth for participation, while venture capital focuses on funding startups, typically available to accredited investors [17][19] Annuities - Annuities are contracts with insurance companies that provide a series of payments in exchange for an upfront investment, offering tax-deferred growth but potentially high fees [20][21]

Core Insights - Three alternative asset managers are increasing their dividends, indicating a strong commitment to returning capital to shareholders in a volatile market environment [3][12]. Industry Overview - Over the past 20 years, alternative assets have grown from 6% to 15% of global assets under management (AUM), with expectations of continued growth at around 10% annually through 2029 [2]. Company Summaries KKR & Co. Inc. - KKR announced a 5.7% increase in its quarterly dividend, bringing the annual dividend to $0.74, resulting in a dividend yield of 0.6% [3][4]. - The company has a diversified portfolio with credit strategies (38%), real assets (26%), and private equity (33%) [5]. - KKR aims to reach $1 trillion in AUM by 2030 and has grown its AUM by 15% and annual adjusted net income (ANI) by 37% over the last 12 months [6]. Apollo Global Management - Apollo increased its dividend by over 10% to $2.04 annually, yielding approximately 1.42% [8][10]. - The company primarily focuses on credit investments, which constituted around 88% of its nearly $600 billion in fee-bearing capital [9]. - Apollo reported record fee-related earnings of $559 million in Q1 2025 and significant AUM inflows [9][11]. Blue Owl Capital - Blue Owl raised its dividend by 25%, resulting in an annual dividend of $0.90 and a yield of 4.59% [12][14]. - The company has raised its quarterly dividend eight times since going public in 2021, with credit strategies making up 51% of its $273 billion AUM [15]. - Blue Owl's strategy includes taking minority ownership in other private equity and hedge fund companies, allowing it to benefit from their profits [16].