S&P 500 cuts losses as Nvidia climbs ahead of results
LONDON - Bridgepoint Group plc reported strong financial performance in the first half of 2025, returning €2.6 billion to fund investors while making progress on fundraising targets and maintaining steady capital deployment.
Assets under management increased by 20% to $86.6 billion as of June 30, 2025, compared to $72.2 billion a year earlier. Fee paying assets under management rose 2% to €37.5 billion.
Underlying management fee income, excluding catch-up fees, grew 11% to £201.4 million, while fee related earnings increased 22% to £70.3 million when excluding catch-up fees in both periods. Performance related earnings were £57.6 million, slightly up from £56.9 million in the same period last year.
The company reported profit before tax of £60.6 million, down from £99.9 million in the first half of 2024, primarily due to exceptional expenses related to the ECP transaction.
Bridgepoint’s private equity flagship fund BE VII is now 70% committed across 14 investments, while in infrastructure, ECP V is 75% committed. The credit business has doubled its assets under management in the four years since IPO to €14 billion.
"Bridgepoint Group delivered strong performance in the first half and we have continued to make progress towards our fundraising target of €24 billion by the end of 2026," said Raoul Hughes, Chief Executive.
The company announced an interim dividend of 4.7 pence per share to be paid in October 2025, up from 4.6 pence per share last year.
Bridgepoint reaffirmed its full-year guidance, expecting performance related earnings to be approximately 25% of total income in 2025 and 2026, with EBITDA margin projected at 52-55%.
The financial results were based on a press release statement from the company.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.