Bridgepoint Group PLC

BPT

Equity

ISIN GB00BND88V85 / Valor 112472723

LSE London Stock Exchange, SETS (2024-12-23)

GBP 3.46-4.27%

Bridgepoint Group PLC
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About company

Bridgepoint Group PLC, through its subsidiary Bridgepoint Advisers Limited, operates as a prominent player in the global private asset growth investment sector. The company is distinguished by its focus on private equity and private debt investments. With a robust team of over 180 investment professionals, Bridgepoint demonstrates a significant presence not only in Europe but also in the US and China, leveraging a strategic network of local offices to optimize its operations and investment strategies. As a company that is authorised and regulated by the Financial Conduct Authority, Bridgepoint upholds stringent standards in its investment activities, positioning itself as a key entity in the realm of private asset management and growth investment on a global scale.

Summarized from source with an LLMView SourceSector: Finance

Management Fee Income

Bridgepoint Group PLC reported a 25% increase in underlying management fee income for the first half of 2024, reaching £156.0 million compared to £124.6 million in the same period of 2023. This growth was driven by successful fundraising and strong capital deployment.

Fee Related Earnings

Fee Related Earnings (FRE) for Bridgepoint Group PLC surged by 44% in the first half of 2024, amounting to £61.8 million, up from £42.9 million in the first half of 2023. This significant increase reflects the company's robust investment performance and disciplined investment approach.

Performance Related Earnings

Performance Related Earnings (PRE) for Bridgepoint Group PLC saw a remarkable 92% increase in the first half of 2024, reaching £24.4 million compared to £12.7 million in the same period of the previous year. This growth underscores the company's strong transaction origination capability and high-quality returns.

Underlying EBITDA

Bridgepoint Group PLC's underlying EBITDA rose by 55% to £86.2 million in the first half of 2024, up from £55.6 million in the first half of 2023. This increase was driven by higher management fees and effective cost management.

Profit Before Tax

Despite the overall positive performance, Bridgepoint Group PLC reported a slight decrease in profit before tax for the first half of 2024, amounting to £48.8 million compared to £53.1 million in the same period of 2023. This was due to higher expenses and investment in growth initiatives.

Summarized from source with an LLMView Source

Key figures

20.8%1Y

-27.8%3Y

%5Y

Performance

36.2%1Y

47.0%3Y

46.5%5Y

Volatility