Petershill Partners Reports Strong Q3 Growth and Dividend

Petershill Partners PLC (GB:PHLL) has released an update.

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.

For further insights into GB:PHLL stock, check out TipRanks’ Stock Analysis page.