P10 reported record revenue of $85 million for Q4 2024, a 35% increase year-over-year. The company's investment strategies gained momentum, achieving $905 million in gross new fee-paying AUM, exceeding 2024 fundraising guidance. P10 executed its strategic priorities, including optimizing leadership, driving organic growth, reaccelerating M&A, generating efficiencies, and enhancing transparency.
Revenue reached $85 million, a 35% increase year-over-year.
Fee-related revenue was $85 million, a 37% increase year-over-year.
Fee-paying assets under management totaled $25.7 billion, a 10% increase year-over-year.
GAAP net income was $5.7 million, compared to a $(1.9) million loss in the prior year.
P10 is well-positioned for an exciting 2025 and aims to meet or exceed its long-term financial guidance provided at its Investor Day in September 2024.
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