P10, Inc. (PX): History, Ownership, Mission, How It Works & Makes Money

Ever wondered how alternative asset management works and who's making waves in the industry? P10, Inc. (PX), a leading multi-asset class private markets solutions provider, might just be the company you're looking for! With a global investor base of over 3,800 across 50 states, 60 countries, and six continents as of December 31, 2024, and a mission to provide differentiated access to diverse investment solutions within private markets, it's worth exploring how P10 operates and generates revenue.

How exactly does P10 achieve its goals, who owns it, and what's the story behind its rise in the alternative asset management sector? Dive in to discover P10's history, its ownership structure, its core mission, and the intricate ways it operates and generates revenue, including the impressive $85 million in revenue for the fourth quarter of 2024, a 35% increase year-over-year!

P10, Inc. (PX) History

P10, Inc.'s Founding Timeline

Year established

P10, Inc. was established in 2009.

Original location

The original location is not explicitly mentioned in the provided context. Further research would be needed to determine the exact original location.

Founding team members

The founding team members are not explicitly detailed in the provided context. Further research would be required to identify the specific individuals who were part of the founding team.

Initial capital/funding

Information about the initial capital or funding is not available within the provided context. Additional research would be necessary to determine the initial financial backing of the company.

P10, Inc.'s Evolution Milestones

P10, Inc.'s Transformative Moments

• Becoming a Publicly Traded Company (2017): This event significantly changed P10's trajectory, allowing it to access capital markets for further expansion and acquisitions.
• Strategic Acquisitions: P10 strategically acquired companies like RCP Advisors to broaden its service offerings and market presence.
• Focus on Distributable Earnings: A clear emphasis on after-tax distributable earnings has driven strategic decisions and improved shareholder value.

Explore more about P10, Inc. and its investors: Exploring P10, Inc. (PX) Investor Profile: Who’s Buying and Why?

P10, Inc. (PX) Ownership Structure

P10 Inc.'s ownership is distributed among a mix of institutional investors, company insiders, and retail investors, reflecting a balance of both internal and external stakeholders.

P10, Inc.'s Current Status

P10, Inc. is a publicly traded company, listed on the New York Stock Exchange under the ticker symbol PX. This allows the public to invest in the company, and its shares are subject to market fluctuations based on the company's performance and broader economic conditions.

P10, Inc.'s Ownership Breakdown

Understanding the ownership structure of P10, Inc. provides insights into who has influence over the company's decisions. Here's a breakdown:

P10, Inc.'s Leadership

The leadership team is crucial for guiding the strategic direction and operational execution of P10, Inc. Key figures include:

• C. Clark Thompson serves as the Chief Executive Officer.
• Robert A. Alpert holds the position of President.
• Scott C. Graves is the Chief Financial Officer.

These individuals, along with other members of the executive team, are responsible for the day-to-day management and long-term strategic planning of P10, Inc. More insights about the company's vision and values can be found at Mission Statement, Vision, & Core Values of P10, Inc. (PX).

P10, Inc. (PX) Mission and Values

P10, Inc. aims to provide investors with unique access to diverse investment solutions that cater to their specific needs within the private markets.

[Company's] Core Purpose

Official mission statement

P10's mission is to provide its investors differentiated access to a broad set of investment solutions that address their diverse investment needs within private markets.

• P10 operates as a multi-asset class private market solutions provider in the alternative asset management industry.
• As of December 31, 2024, P10's products have a global investor base of more than 3,800 investors across 50 states, 60 countries, and six continents.
• These investors include some of the world's largest pension funds, endowments, foundations, corporate pensions, and financial institutions.

Vision statement

While a specific vision statement isn't explicitly available in the provided context, P10 focuses on identifying and leveraging opportunities for long-term value creation.

• P10 aims to expand its capabilities and investment products across private market strategies.
• The company seeks to build an unrivaled network of strategies with deep industry knowledge.
• P10 strives to offer clients a unified solution and access to private markets.

Company slogan/tagline

• P10 is The Bridge to Private Markets™.
• Meaningful relationships. Proven performance.

For more in-depth information, you can also check out: Mission Statement, Vision, & Core Values of P10, Inc. (PX).

P10's core values are centered around:

• Partnership: Building relationships through collaboration.
• Innovation: Pushing the industry forward with experience and curiosity.
• Excellence: Striving for excellence in performance, client treatment and leadership.

As of December 31, 2024, P10 had $25.7 Billion in fee-paying assets under management (FPAUM).

In 2024, P10 generated record quarterly revenue of $85 million, a 35% annual increase.

P10's existing portfolio of solutions across private equity, venture capital, private credit and impact investing support their mission by offering a comprehensive set of investment vehicles to their investors.

P10 is dedicated to servicing its shareholders, LPs, GPs, employees, and community.

P10 harnesses the power of proprietary data tools, including their GPScout database, for a sustainable competitive advantage.

P10 focuses on identifying and leveraging opportunities for long-term value creation through its strategies, including RCP Advisors and Bonaccord Capital Partners in North America, and Qualitas Funds in Europe.

P10 provides investors with access to a deep network of relationships and crucial resources in the middle and lower middle market.

P10 is committed to expanding its capabilities and investment products across private market strategies where relationships, data, and market intelligence are crucial to successful investing.

P10 comprises a group of world-class strategies with wide-ranging expertise and strategic success—all with a shared purpose of providing clients unrivaled access to the middle and lower middle market.

P10's strategies share a fundamental pillar: management teams that thrive on collaboration and a drive to deliver superior returns on invested capital.

P10 offers unrivaled access to elite, hard-to-access private funds through a growing suite of globally renowned investment managers.

P10 is a leading multi-asset class private markets solutions provider in the alternative asset management industry.

P10 structures, manages and monitors portfolios of private market investments, which include specialized funds and customized separate accounts within primary investment funds, secondary investments, direct investments and co-investments across highly attractive asset classes and geographies in the middle and lower middle markets.

P10 has a global investor base of over 3,800 investors, across 50 states, 60 countries and six continents, including pension funds, endowments, foundations, corporate pensions and financial institutions.

P10's portfolio of private solutions includes Private Equity, Venture Capital, and Private Credit.

P10, Inc. (PX) How It Works

P10, Inc. is a multi-asset class private markets solutions provider, offering investment opportunities across various alternative asset classes. They primarily focus on providing access to private equity, private credit, and real assets for institutional investors and high-net-worth individuals.

P10, Inc.'s Product/Service Portfolio

P10, Inc.'s Operational Framework

P10 operates through a multi-strategy approach, focusing on acquiring and developing a diverse set of private market investment platforms. Their operational framework includes:

• Sourcing and Due Diligence: Identifying and evaluating potential investment opportunities across private equity, private credit, and real assets. This involves extensive research, financial analysis, and operational assessments.
• Fund Management: Overseeing the management of various investment funds, including portfolio construction, asset allocation, and risk management.
• Investor Relations: Maintaining strong relationships with institutional investors, providing regular updates on fund performance, and raising capital for new investment strategies.
• Platform Development: Integrating acquired companies and investment teams onto the P10 platform, providing operational support, and fostering collaboration to enhance performance.
• Compliance and Reporting: Ensuring compliance with regulatory requirements and providing transparent reporting to investors.

P10, Inc.'s Strategic Advantages

P10, Inc. has several strategic advantages that contribute to its success in the competitive private markets landscape:

• Diversified Platform: A broad range of investment strategies across private equity, private credit, and real assets provides diversification and access to multiple sources of returns.
• Experienced Management Team: A team of seasoned investment professionals with deep expertise in private markets.
• Strong Investor Relationships: Long-standing relationships with institutional investors, providing a stable base of capital for investment activities.
• Operational Expertise: Proven ability to integrate and scale acquired businesses, enhancing operational efficiency and investment performance.
• Alignment of Interests: Employee ownership and co-investment in funds align the interests of management with those of investors.

To gain more insights into the investor landscape of P10, Inc., consider reading: Exploring P10, Inc. (PX) Investor Profile: Who’s Buying and Why?

P10, Inc. (PX) How It Makes Money

P10, Inc. primarily generates revenue by providing a range of investment solutions and services within the alternative asset management sector, focusing on private equity, venture capital, and other alternative asset classes.

P10, Inc.'s Revenue Breakdown

As of the fiscal year 2024, the revenue streams and their contributions are detailed below. Note that the percentages and growth trends are based on the available financial data and may vary.

P10, Inc.'s Business Economics

P10, Inc.'s business economics are driven by its ability to attract and retain assets under management (AUM) and generate strong investment performance. Key aspects include:

• Pricing Strategy: P10, Inc. typically charges management fees based on a percentage of AUM, along with incentive fees (carried interest) tied to the performance of the funds they manage. Management fees provide a stable revenue base, while incentive fees offer upside potential.
• Economic Fundamentals: The demand for alternative investments, the company's ability to raise new funds, and the performance of its existing funds are critical drivers. Favorable market conditions and successful investment strategies can significantly boost profitability.
• Cost Structure: The company's cost structure includes compensation for investment professionals, administrative expenses, and other operating costs. Efficient cost management is essential for maximizing profitability.

P10, Inc.'s Financial Performance

P10, Inc.'s financial performance can be gauged through several key metrics:

• Assets Under Management (AUM): AUM is a critical indicator of the company's scale and market position. As of 2024, P10, Inc. reported having approximately $21.2 billion in AUM, reflecting both organic growth and strategic acquisitions.
• Revenue Growth: Revenue growth reflects the company's ability to increase its fee-generating AUM and generate strong investment performance. The company’s revenue increased 17.5% to $107.8 million compared to $91.7 million for the three months ended March 31, 2024.
• Profitability: Profitability metrics such as net income, operating margin, and return on equity (ROE) indicate the efficiency and effectiveness of the company's operations. Net income attributable to P10, Inc. stockholders increased $12.6 million to $15.4 million compared to $2.8 million for the three months ended March 31, 2024.
• Cash Flow: Strong cash flow generation is essential for funding growth initiatives, acquisitions, and returning capital to shareholders.

To gain further insights into P10, Inc.'s mission and vision, explore Mission Statement, Vision, & Core Values of P10, Inc. (PX).

P10, Inc. (PX) Market Position & Future Outlook

As of April 2025, P10, Inc. is strategically positioned within the alternative asset management sector, focusing on private equity, venture capital, and other alternative investments. The company's future outlook is shaped by its ability to capitalize on the increasing demand for alternative investment strategies, while also navigating the challenges of market volatility and competition. For more insights, check out: Exploring P10, Inc. (PX) Investor Profile: Who’s Buying and Why?

Competitive Landscape

Opportunities & Challenges

Industry Position

P10, Inc. operates within the highly competitive alternative asset management industry. The company differentiates itself through:

• Focusing on the lower middle market, which often presents less competition and attractive investment opportunities.
• Building a diversified platform of specialized investment strategies, catering to a wide range of investor preferences.
• Generating consistent and attractive returns for its investors, which drives long-term relationships and repeat business.

P10, Inc. is committed to innovation and sustainability, integrating environmental, social, and governance (ESG) factors into its investment process. This approach enhances long-term value creation and aligns with the evolving expectations of investors and stakeholders.