Ridgepost Capital — Third Quarter 2026 Earnings Summary

Financial Performance:

• Fee-paying AUM increased 21% year-over-year to more than $35 billion.
• Margins remained stable year-over-year through the first nine months of 2026.
• Raised and deployed $1.3 billion of fee-paying AUM in the third quarter.
• Year-to-date fee-paying AUM raised and deployed reached a new record of nearly $4.5 billion.
• Cross-selling contributed approximately $1.7 billion to firmwide fundraising since June 2024.
• Total assets under management exceeded $50 billion as of September 30, 2026.
• Repurchased approximately 1.78 million shares of common stock at an average price of $8.36 per share, totaling approximately $15 million during the quarter.

Guidance and Future Outlook:

• No specific forward financial guidance or numerical targets for future periods were provided in the press release.
• Management cited a fluid operating environment but expressed confidence driven by the contractual nature of the business model, the complementary platform, and differentiated investment performance.

Business Segments and Product Lines:

• The company operates across Private Equity, Private Credit, and Venture Capital strategies.
• Focus areas include access-constrained strategies within the middle and lower-middle market.
• The "One Ridgepost" platform is driving results through increased collaboration and cross-selling across strategies.

Market and Competitive Landscape:

• The firm serves a global investor base.
• The company positions itself as a leading private markets solutions provider.
• No specific market share data or direct competitor comparisons were included in the release.

Risks and Challenges:

• Potential risks include global and domestic market and business conditions.
• Execution risks related to business and growth strategies.
• Regulatory factors and changes in tax status.
• Risks regarding the ability to maintain fee structures, attract and retain key employees, and manage debt obligations.
• Risks associated with acquisitions, specifically the integration of Stellus Capital Management, LLC.
• Uncertainties regarding the timing and amount of share repurchases and the effects of events outside of control.

Management Commentary and Tone:

• Luke Sarsfield, Chairman and CEO, described results as "strong and consistent."
• Management highlighted the benefits of the "One Ridgepost" platform and the success of cross-selling initiatives.
• The tone emphasized consistency and strength despite a fluid operating environment.

Other Key Points:

• On November 3, 2026, the Board of Directors approved a $30 million increase to the share repurchase program authorization, resulting in approximately $30 million of available authorization.
• The Board declared a cash dividend of $0.04 per share of Class A and Class B common stock.
• The dividend is payable on December 18, 2026, to stockholders of record as of November 30, 2026.
• A conference call to discuss results was scheduled for November 4, 2026, at 8:00 a.m. Eastern Time.