Ridgepost Capital, Inc. · NYSE:RPC
Ridgepost Capital — Q2 2026 Earnings Presentation
34 slides from Ridgepost Capital's earnings presentation, Aug 5, 2026
Slide 1: Second Quarter 2026 Results
Second Quarter 2026 Results Earnings Presentation 5 August 2026
Slide 2: Important Disclosures
HIGHLIGHTS Important Disclosures The information presented herein is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to purchase any securities sponsored by Ridgepost Capital, which may be made only at the time a qualified offeree receives a Con
Slide 3: Second Quarter 2026 Financial Highlights
HIGHLIGHTS Second Quarter 2026 Financial Highlights Financial Results Three Months Ended Q2'26 vs Q2'25 Six Months Ended YTD'26 vs YTD'25 ($ in Millions, except as otherwise indicated) June 30, 2026 June 30, 2025 % Change June 30, 2026 June 30, 2025 % Change FPAUM ($B) $ 34.3 $ 28.9 19% $ 34.3 $ 28.
Slide 4: Firm Overview
HIGHLIGHTS Firm Overview Ridgepost Capital is a leading private markets solutions provider with over $50 billion in AUM We invest across Private Equity, Private Credit, and Venture Capital in access - constrained strategies, with a focus on the middle and lower -middle market Private Equity Private
Slide 5: Second Quarter 2026 Highlights
HIGHLIGHTS Second Quarter 2026 Highlights Key Business • Fee paying assets under management (FPAUM) of $34.3B represented an Drivers 19% increase from the prior year • In the quarter, approximately $1.1B of fundraising and deployment was offset by $417M of stepdowns and expirations • Private Equity
Slide 6: Second Quarter 2026 Highlights, continued
HIGHLIGHTS Second Quarter 2026 Highlights, continued Balance Sheet & • Declared a quarterly cash dividend of $0.04 per share for Class A and Class B stock, Capital Return payable on September 18, 2026, for holders as of the close of business on August 31, 2026 • In the second quarter, made a net dra
Slide 7: FPAUM and Average Fee Rate Detail
HIGHLIGHTS FPAUM and Average Fee Rate Detail Robust FPAUM growth and stable, attractive fee rates Average Fee Rate 1 (Bps) FPAUM Growth ($B) Quarterly average fee rates show the basis points attributable to management & advisory fees excl. direct & co - invest/secondaries catch -up fees and direct &
Slide 8: Fee Paying AUM Growth Model
HIGHLIGHTS Fee Paying AUM Growth Model Long -term, contractually locked -up funds ensure highly sticky FPAUM base Year to Date FPAUM Roll Forward ($B) Quarterly FPAUM Roll Forward ($B) $2.6 $34.3 $2.6 $34.3 $0.9 $31.0 $0.6 $0.5 ($0.0) $2.2 ($0.0) ($0.4) $29.4 ($0.8) Dec-25 Raised Deployed Acquisitio
Slide 9: Financial Details
Financial Details
Slide 10: Consolidated Statements of Operations (unaudited)
FINANCIAL DETAILS Consolidated Statements of Operations (unaudited) Three Months Ended % Change Six Months Ended % Change (Dollars in thousands except share and per share amounts) June 30, 2026 June 30, 2025 Q2'26 vs Q2'25 June 30, 2026 June 30, 2025 YTD'26 vs YTD'25 Revenues Management and advisory
Slide 11: Adjusted FRE (unaudited)
FINANCIAL DETAILS Adjusted FRE (unaudited) Three Months Ended Three Months Ended Six Months Ended Six Months Ended (Dollars in thousands except share and per share June 30, 2026 June 30, 2026 June 30, 2026 June 30, 2026 amounts) Adjustments Adjusted Line Item Adjustments Adjusted Line Item Revenues
Slide 12: Non-GAAP Financial Measures (unaudited)
FINANCIAL DETAILS Non - GAAP Financial Measures (unaudited) (Dollars in thousands except share and per share Three Months Ended Six Months Ended % Change amounts) June 30, 2026 June 30, 2025 June 30, 2026 June 30, 2025 Q2'26 vs Q2'25 YTD'26 vs YTD'25 GAAP Net Income $ 8,485 $ 4,200 $ 18,174 $ 8,896
Slide 13: Consolidated Balance Sheets (unaudited)
FINANCIAL DETAILS Consolidated Balance Sheets (unaudited) (Dollars in thousands except share amounts) June 30, 2026 December 31, 2025 Assets Cash and cash equivalents $ 36,637 $ 28,152 Restricted cash 1,139 734 Accounts receivable 32,404 26,955 Notes receivable 6,913 7,205 Due from related parties 1
Slide 14: Consolidated Statements of Cash Flows (unaudited)
FINANCIAL DETAILS Consolidated Statements of Cash Flows (unaudited) S ix M o nt hs E nde d (Do llars in tho usands) J une 3 0 , 2 0 2 6 J une 3 0 , 2 0 2 5 C a s h F lo ws F ro m O pe ra t ing A c t iv it ie s Net inco me $ 18,174 $ 8,896 A djustments to reco ncile net inco me to net cash pro vided
Slide 15: Appendix
Appendix
Slide 16: Compelling Business Model Built on Durable Fee-Related Earnings
APPENDIX Compelling Business Model Built on Durable Fee -Related Earnings FRE - Centric Business Aligned Incentives Predictable, Stable “Model” • Carried interest structured Earnings Growth • Highly -recurring, diversified to stay overwhelmingly with revenues composed almost investment teams to opti
Slide 17: Focused Investment Strategies with Leadership in Attractive MM/LMM
APPENDIX Focused Investment Strategies with Leadership in Attractive MM/LMM Strategies investing in specialized and/or fragmented markets, with a Long Investment particular focus on the attractive History of Stategy middle and lower - middle market Success Focus segment • Capital availability / oppo
Slide 18: Well-Positioned to Utilize Variety of Levers to Drive Growth
APPENDIX Well-Positioned to Utilize Variety of Levers to Drive Growth Robust Foundation for a Range of Levers to Drive Organic and Inorganic Growth Attractive Private Markets Ecosystem World - class private Leader in attractive Compelling business Large and diverse markets strategies with MM/ LMM ,
Slide 19: World-Class Strategies, with Long Records of Alpha Generation
APPENDIX World - Class Strategies, with Long Records of Alpha Generation Average Net IRR for Funds >5 Years Old (Since 2006) 1 Private Equity Private Credit Venture Capital • Our equity strategies have 23.1% all averaged net IRRs in the mid to high teens, with 18.9% 18.7% secondary and co -invest 14
Slide 20: Performance Summary – Private Equity
APPENDIX Performance Summary – Private Equity Preeminent investment teams with a superior track record across portfolio solutions 1 Fund Size Fund Size Fund Vintage Called Capital Net IRR Net ROIC Fund Vintage Called Capital Net IRR Net ROIC ($M) ($M) Fund - of- Funds (Fund size as of 6/30/26, perfo
Slide 21: Performance Summary – Private Equity
APPENDIX Performance Summary – Private Equity Preeminent investment teams with a superior track record across portfolio solutions 1 Called Net Fund Vintage Fund Size ( €M) Called Capital Net IRR Net ROIC Fund Vintage Fund Size ($M) Net IRR Capital ROIC Fund - of- Funds (Fund size as of 6/30/26, perf
Slide 22: Performance Summary – Private Credit
APPENDIX Performance Summary – Private Credit Preeminent investment teams with a superior track record across portfolio solutions 1 Called Called Net Fund Vintage Fund Size ($M) Net IRR Net ROIC Fund Vintage Fund Size ($M) Net IRR Capital Capital ROIC Credit Funds (Fund size as of 6/30/26, performan
Slide 23: Performance Summary – Private Credit
APPENDIX Performance Summary – Private Credit Preeminent investment teams with a superior track record across portfolio solutions 1 Called Called Fund Vintage Fund Size ($M) Net IRR Net ROIC Fund Vintage Fund Size ($M) Net IRR Net ROIC Capital Capital Credit Funds (Fund size as of 6/30/26, performan
Slide 24: Performance Summary – Venture Capital
APPENDIX Performance Summary – Venture Capital Preeminent investment teams with a superior track record across portfolio solutions 1 Fund Size Called Net Fund Vintage Net IRR ($M) Capital ROIC Fund - of- Funds (Fund size as of 6/30/26, performance as of 3/31/26) Fund I 2 2007 $311 93% 17.5% 6.9x Fun
Slide 25: Premier Private Markets Solutions Provider
APPENDIX Premier Private Markets Solutions Provider Comprehensive suite of private market vehicles 1 Primary Solutions Direct and Co - Investments Secondary Investments Asset Class • Private Equity • Private Equity • Private Equity • Venture Capital • Venture Capital • Venture Capital • Private Cred
Slide 26: Fee Paying AUM Across Diversified Vehicles
APPENDIX Fee Paying AUM Across Diversified Vehicles Multi -asset investment platform with strong organic growth Diversified Base and Growth Across Vehicles Key Metrics FPAUM Composition (As of Q2’26) Primary Solutions $16.9B 14% FPAUM as of Q2’26 Actual FPAUM CAGR Total Primary Solutions 49% Q4’20 –
Slide 27: Highly Diversified Investor Base
APPENDIX Highly Diversified Investor Base Multi -asset class investment platform attracts diversified investors across various channels Investor Type by Channel Investor Channel Breakdown 1 Wealth Manager / HNW 36% Pension Fund 20% Endowment / Foundation 18% Financial Institution 12% Insurance Compa
Slide 28: Well Positioned in Attractive, Specialized, and Growing Markets
APPENDIX Well Positioned in Attractive, Specialized, and Growing Markets 1 Capital Available Universe of by Fund Size 2 Companies by Revenue Size 3 $861B of capital available to PE 6,708 Funds over $1B 84% companies 7% w/ revenues >$250M Lower - Middle Market $170B of capital Benefits available to F
Slide 29: Unique Proprietary Data Set Driving Sourcing and Evaluation
APPENDIX Unique Proprietary Data Set Driving Sourcing and Evaluation Differentiation and Provides Asymmetric Information Advantage Distinct market access, deal flow, and data analytics to navigate private markets Overview • Unique and extensive proprietary analytics database • A competitive edge for
Slide 30: Tax Assets
APPENDIX Tax Assets Combination of intangible assets, goodwill, and NOLs generate tax benefits Commentary Size • Tax basis intangible assets and tax - deductible Intangible goodwill are available to reduce federal income Assets and tax ratably over fifteen years Goodwill and Goodwill • Currently, ta
Slide 31: Notes
Notes
Slide 32: Key Terms & Supplemental Information
APPENDIX Key Terms & Supplemental Information FEE PAYING ASSETS UNDER MANAGEMENT (FPAUM) SUPPLEMENTAL SHARE INFORMATION FPAUM reflects the assets from which we earn management and advisory fees . Our vehicles Class A shares (CUSIP # 69376 K 106 ) trade on the NYSE under the symbol “RPC” and have one
Slide 33: Performance Disclaimers
APPENDIX Performance Disclaimers PAST PERFORMANCE IS NOT A GUARANTEE OF FUTURE RESULTS AND IS NOT NECESSARILY INDICATIVE OF FUTURE PERFORMANCE . THERE CAN BE NO ASSURANCE THAT ANY INVESTMENT WILL ACHIEVE RESULTS COMPARABLE TO THOSE DESCRIBED HEREIN . The historical performance of our specialized inv
Slide 34: Thank You
Thank You 2699 HOWELL STREET, SUITE 1000 DALLAS, TX 75204 214.865.7998 INFO@RIDGEPOSTCAPITAL.COM