Petershill Partners PLC (GB:PHLL) has released an update.
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Petershill Partners PLC reported a robust $9 billion increase in gross fee-eligible assets under management (AuM) for Q3 2024, despite a slow fundraising environment. The company saw a year-over-year rise in fee-related earnings and completed strategic disposals, including stakes in LMR Partners and Accel-KKR, which align with its focus on high-quality earnings. Shareholders are set to receive a special dividend of 17.5 cents per share, reflecting Petershill’s strong asset realization and capital return performance.
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