Ridgepost Capital, Inc.: Q1 FY2026 earnings call

What management said about Q1 FY2026, from the documents filed with the SEC on 8 May 2026: press release. Guidance figures: 1 raised. The quarter’s numbers.

Key takeaways

Fee-paying AUM passed $30 billion: Fee-paying AUM was about $31 billion at March 31, 2026, the first time above $30 billion, up 18% year over year from $29.4 billion at year-end 2025. Source
Nearly $2 billion raised and deployed: Growth in the quarter came from nearly $2 billion of gross capital raised and deployed, which management described as in line with its expectations. Source
Record fundraising to start 2026: Management said the company delivered record fundraising levels in the opening quarter of 2026. Source
Release omits revenue and earnings: The release gives no revenue, net income, diluted EPS or fee-related earnings for the quarter. It points to a separate presentation of the quarterly financials. Source
701,439 shares repurchased for $6 million: The company repurchased 701,439 shares in the quarter at an average price of $8.55, for approximately $6 million. Source
Investor Day vision progress cited: Management said progress on the vision outlined at its Investor Day shows the strength of the company's differentiated private markets platform. Source

“Ridgepost Capital delivered record fundraising levels to start 2026”
Luke Sarsfield, Ridgepost Capital Chairman and Chief Executive Officer

Guidance

Area	Period	Figure	Against last quarter
Dividend Source	Payable June 18, 2026; record date May 29, 2026	$0.04 per share on Class A and Class B common stock	Raised from $0.0375 per share

What changed from last quarter

Guidance raised: Quarterly dividend per share declared at $0.04, compared with $0.0375 in the February release. Source

Results and fee-paying AUM growth

Fee-paying AUM passed $30 billion: Fee-paying AUM was about $31 billion at March 31, 2026, the first time above $30 billion, up 18% year over year from $29.4 billion at year-end 2025. Source
Total AUM exceeded $45 billion: Total assets under management were over $45 billion at March 31, 2026, compared with $43 billion at December 31, 2025. Source
Committed-capital fees not market-linked: The release notes that management and advisory fees based on committed capital do not move with market appreciation or depreciation. Some fees use net invested capital instead. Source

Fundraising and deployment

Nearly $2 billion raised and deployed: Growth in the quarter came from nearly $2 billion of gross capital raised and deployed, which management described as in line with its expectations. Source
Record fundraising to start 2026: Management said the company delivered record fundraising levels in the opening quarter of 2026. Source
2025 raised and deployed $5.1 billion: The February release reported a record $5.1 billion of organic gross new fee-paying assets raised and deployed in 2025, above initial annual fundraising guidance by over $1 billion.

“the progress we’ve made on the vision outlined at our Investor Day underscores the strength of our differentiated private markets platform”
Luke Sarsfield, Ridgepost Capital Chairman and Chief Executive Officer

Products and client base

Three private markets strategies: The company invests across private equity, private credit and venture capital in access-constrained strategies, with a focus on the middle and lower-middle market. Source
Fee-paying assets defined by fees: The release defines fee-paying assets as the assets from which the company earns management and advisory fees. Source
Diverse, durable LP base cited: Management cited a unique focus on the middle and lower-middle markets and a diverse and durable LP base as parts of the platform. Source

Earnings lines not reported

Release omits revenue and earnings: The release gives no revenue, net income, diluted EPS or fee-related earnings for the quarter. It points to a separate presentation of the quarterly financials. Source
Q4 2025 diluted EPS reported: The February release reported fourth-quarter 2025 revenue of $81.0 million and fully diluted GAAP EPS of $0.09, against $0.05 a year earlier.
2025 revenue $297.3 million: The February release reported full-year 2025 revenue of $297.3 million, compared with $296.4 million in 2024.

“with a unique focus on the middle and lower-middle markets and a diverse and durable LP base”
Luke Sarsfield, Ridgepost Capital Chairman and Chief Executive Officer

Capital and shareholder returns

701,439 shares repurchased for $6 million: The company repurchased 701,439 shares in the quarter at an average price of $8.55, for approximately $6 million. Source
About $15 million left on buyback: Approximately $15 million remained under the repurchase program at quarter-end, down from about $21 million at the end of the fourth quarter. Source
2025 repurchases totaled $47.4 million: In the fourth quarter of 2025 the company repurchased 522,728 shares at $9.54. For the full year it repurchased 4,348,949 shares.

Strategy and platform positioning

Investor Day vision progress cited: Management said progress on the vision outlined at its Investor Day shows the strength of the company's differentiated private markets platform. Source
Self-described leading provider: The company describes itself as a leading private markets solutions provider in its first-quarter release. Source
Chairman and CEO Luke Sarsfield quoted: Luke Sarsfield, Chairman and Chief Executive Officer, is the executive quoted in the release on the quarter's fundraising. Source

Figures management reported

Figure	Reported
Fee-paying assets under management Source	approximately $31 billion at quarter-end
Gross capital raised and deployed Source	nearly $2 billion

Earlier plans management reported on

On track: Management said the nearly $2 billion of gross capital raised and deployed was in line with its expectations. Source
Not stated: Management referred to progress made on the vision outlined at its Investor Day, without stating a status against plan. Source

Other quarters

Summarised with AI from the documents the company filed with the SEC. Every point is checked against the filing before it is shown: management’s own words word for word, figures against the line or table row they come from. A point that fails the check is left out. Source opens the filing at that line.

As filed with the SEC

Open the filing on EDGAR

Ridgepost Capital Announces First Quarter 2026 Results

DALLAS, May 7, 2026 (GLOBE NEWSWIRE) - Ridgepost Capital, Inc (NYSE: RPC), a leading private markets solutions provider, today announced financial results for the first quarter ended March 31, 2026.

A presentation of the quarterly financials may be accessed here and is available at https://ir.ridgepostcapital.com/quarterly-results.

“Ridgepost Capital delivered record fundraising levels to start 2026,” said Luke Sarsfield, Ridgepost Capital Chairman and Chief Executive Officer. “Fee-paying assets under management stood at approximately $31 billion at quarter-end, surpassing $30 billion for the first time and representing 18% year-over-year growth. Growth in the first quarter was driven by nearly $2 billion of gross capital raised and deployed, in line with our expectations and demonstrating the growing demand for alternatives. This strong start to the year and the progress we’ve made on the vision outlined at our Investor Day underscores the strength of our differentiated private markets platform, with a unique focus on the middle and lower-middle markets and a diverse and durable LP base.”

Stock Repurchase Program

During the first quarter, we repurchased 701,439 shares of our common stock at an average price of $8.55 per share, for approximately $6 million. Approximately $15 million remained available under our stock repurchase program as of the end of the first quarter.

Declaration of Dividend

Our Board of Directors has declared a cash dividend of $0.04 per share of Class A and Class B common stock, payable on June 18, 2026, to stockholders of record as of May 29, 2026.

Conference Call Details

We will host a conference call to answer questions regarding our first quarter financial results at 8:30 a.m. Eastern Time on Thursday, May 7, 2026. This call will include the disclosure of certain information, including forward-looking information, which may be material to an investor’s understanding of our business. All participants must register prior to joining the event.

To join and view the live webcast, please register here.

To join by telephone, please register here.

For those unable to participate in the live event, a replay will be made available on Ridgepost Capital’s investor relations page at www.ir.ridgepostcapital.com.

About Ridgepost Capital

Ridgepost Capital (NYSE: RPC) is a leading private markets solutions provider with over $45 billion in assets under management as of March 31, 2026. Ridgepost Capital invests across Private Equity, Private Credit, and Venture Capital in access-constrained strategies, with a focus on the middle and lower-middle market. Ridgepost Capital’s products have a global ridgepostcapital.com investor base and aim to deliver compelling risk-adjusted returns. For additional information, please visit www.ridgepostcapital.com.

Forward-Looking Statements

Forward-looking statements notice

Some of the statements in this release and our conference call, which will be held at 8:30 a.m. Eastern Time on May 7, 2026, may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Words such as “will,” “expect,” “believe,” “estimate,” “continue,” “anticipate,” “intend,” “plan” and similar expressions are intended to identify these forward-looking statements. Forward-looking statements discuss management’s current expectations and projections relating to our financial position, results of operations, plans, objectives, future performance, and business. The inclusion of any forward-looking information in this release should not be regarded as a representation that the future plans, estimates, or expectations contemplated will be achieved. Forward-looking statements reflect management’s current plans, estimates, and expectations, and are inherently uncertain. All forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other important factors that may cause actual results to be materially different, including risks related to: global and domestic market and business conditions; successful execution of business and growth strategies; regulatory factors relevant to our business; changes in our tax status; our ability to maintain our fee structure; our ability to attract and retain key employees; our ability to manage our obligations under our debt agreements; our ability to make acquisitions and successfully integrate the businesses we acquire, including Stellus Capital Management, LLC; assumptions relating to our operations, financial results, financial condition, business prospects and growth strategy; the timing and amount of any share repurchases; and our ability to manage the effects of events outside of our control. The foregoing list of factors is not exhaustive. For more information regarding these risks and uncertainties as well as additional risks that we face, you should refer to the “Risk Factors” included in our annual report on Form 10-K for the year ended December 31, 2025, filed with the U.S. Securities and Exchange Commission (“SEC”) on February 27, 2026 and in our subsequent reports filed from time to time with the SEC. The forward-looking statements included in this release are made only as of the date hereof. We undertake no obligation to update or revise any forward-looking statement as a result of new information or future events, except as otherwise required by law.

Key Financial & Operating Metrics

Fee-paying assets under management reflect the assets from which we earn management and advisory fees. Our vehicles typically earn management and advisory fees based on committed capital, and in certain cases, net invested capital, depending on the fee terms. Management and advisory fees based on committed capital are not affected by market appreciation or depreciation.

Ridgepost Capital Investor Contact: info@ridgepostcapital.com

Ridgepost Capital Media Contact: Josh Clarkson

Taylor Donahue pro-ridgepost@prosek.com