Bridgepoint Group Plc ( (GB:BPT) ) has provided an announcement.
In its 2024 preliminary results, Bridgepoint Group Plc reported significant growth, with a 69% increase in AUM to $75.6 billion and a 52% rise in management income. The company achieved a record €8.5 billion capital return to investors, driven by successful fundraising and strategic acquisitions. The Group’s upgraded fundraising target reflects its confidence in future growth, aiming to raise €24 billion by 2026. This momentum positions Bridgepoint to capitalize on market opportunities and investor needs, with plans to more than double its AUM in the next 5-6 years.
More about Bridgepoint Group Plc
Bridgepoint Group Plc operates in the private equity industry, focusing on investment management and capital deployment. The company is known for its fundraising activities and management of assets under management (AUM), targeting the global middle market and aiming to scale and diversify its investment verticals.
YTD Price Performance: -3.44%
Average Trading Volume: 546,340
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £2.8B
For an in-depth examination of BPT stock, go to TipRanks’ Stock Analysis page.