BRIDGEPOINT GROUP PLC

Bridgepoint has published a circular on the announced takeover of Kayne Anderson Real Estate and has convened a general meeting for 1 October 2026 at 13:00 in London. Electronic versions of the circular and the proxy form are available on Bridgepoint’s website and have been filed with the Financial Conduct Authority. Bridgepoint gave no details on the financial terms or any further aspects of the takeover in the announcement. » More on de.investing.com

Bridgepoint has announced the issuance of 10,132,073 ordinary shares to satisfy allocation claims related to the takeover of Energy Capital Partners. The new shares will be issued to eligible employees, rank pari passu with existing ordinary shares, and admission to trading on the London Stock Exchange’s main market is expected. After the issuance, the issued share capital will be 891,860,660 voting ordinary shares; in addition, 102,239,292 Operating Partnership units exist that are convertible into ordinary shares but are not part of the issued share capital. » More on de.investing.com

Bridgepoint reported significantly better-than-expected numbers for the first half. Adjusted EBITDA rose 77.6% to £227.3 million, the EBITDA margin reached 61% and exceeded forecasts. Fee-paying AUM grew 32.7% to $58.4 billion, group AUM to $97.3 billion (pro forma $120 billion including the planned Kayne Anderson Real Estate acquisition). Management reported early-realized performance fees and around 80% capital commitments for Bridgepoint Europe VIII (target €7.5 billion). » More on de.investing.com