Great Elm Group, Inc. ( (GEG) ) has released its Q1 earnings. Here is a breakdown of the information Great Elm Group, Inc. presented to its investors.
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Great Elm Group, Inc. is a publicly-traded alternative asset manager specializing in a diversified portfolio across credit, real estate, and specialty finance sectors, with a focus on long-duration and permanent capital vehicles.
In its fiscal first quarter of 2026, Great Elm Group reported significant capital raises and strategic partnerships, positioning itself for continued growth. The company raised nearly $250 million and expanded its assets under management, despite facing a net loss for the quarter.
Key highlights include a 10% year-over-year growth in fee-paying assets under management and a 7% increase in total assets under management. The company also reported a total revenue of $10.8 million, largely driven by the sale of a build-to-suit development property. However, it faced a net loss of $7.9 million, primarily due to unrealized losses in investments.
Strategic developments included a partnership with Kennedy Lewis Investment Management and investments from Woodstead Value Fund, which are expected to bolster Great Elm’s real estate and credit segments. The company also continued its stock repurchase program, reflecting confidence in its long-term strategy.
Looking ahead, Great Elm Group remains focused on scaling its key verticals and leveraging its balance sheet to seize investment opportunities, aiming to deliver sustained value for shareholders.