{"id":765992,"date":"2023-06-26T08:40:33","date_gmt":"2023-06-26T12:40:33","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/p10-joins-russell-indexes\/"},"modified":"2023-06-26T08:40:33","modified_gmt":"2023-06-26T12:40:33","slug":"p10-joins-russell-indexes","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/p10-joins-russell-indexes\/","title":{"rendered":"P10 Joins Russell Indexes"},"content":{"rendered":"
\n

DALLAS, June 26, 2023 (GLOBE NEWSWIRE) — P10, Inc.<\/u><\/a>\u00a0(NYSE: PX), a leading private markets solutions provider,\u00a0today announced that it has joined the broad-market Russell 2000\u00ae<\/sup> Index. Annual Russell index reconstitution captures the 4000 largest US stocks as of April 28, ranking them by total market capitalization, including the Russell 3000\u00ae<\/sup> and Russell Microcap\u00ae<\/sup> Indexes. Being included in the Russell 3000\u00ae<\/sup> means P10 will also be included in the Russell 2000\u00ae<\/sup>.<\/p>\n

Robert Alpert, Chairman and Co-CEO, and Co-CEO\u00a0Clark Webb\u00a0said, \u201cWe are honored to be included in the prestigious Russell indexes. We believe index inclusion is an important component to reaching a wider investor universe while drawing attention to our superior business model and financial performance.\u201d<\/p>\n

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $12.1 trillion in assets are benchmarked against Russell\u2019s US indexes. Russell indexes are part of FTSE Russell, a leading global index provider. Membership in the US all-cap Russell 3000\u00ae<\/sup> Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000\u00ae<\/sup> Index or small-cap Russell 2000\u00ae<\/sup> Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings, and style attributes. For more information on the Russell 3000\u00ae<\/sup> Index and the Russell indexes reconstitution, go to the \u201cRussell Reconstitution\u201d section on the FTSE Russell website<\/a>.<\/p>\n

\n About P10<\/strong>
\n
P10 is a leading multi-asset class private markets solutions provider in the alternative asset management industry. P10\u2019s mission is to provide its investors differentiated access to a broad set of investment solutions that address their diverse investment needs within private markets. As of\u00a0March 31, 2023, P10 has a global investor base of more than 3,300 investors across 50 states, 54 countries, and six continents, which includes some of the world\u2019s largest pension funds, endowments, foundations, corporate pensions, and financial institutions. Visit\u00a0www.p10alts.com<\/a>.<\/p>\n

\n About FTSE Russell<\/strong>
\n
FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $20.1 trillion is currently benchmarked to FTSE Russell indexes. For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives. A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering. FTSE Russell is wholly owned by London Stock Exchange Group. For more information, visit www.ftserussell.com<\/a>.<\/p>\n

\n Forward-Looking Statements<\/strong>\n <\/p>\n

Some of the statements in this release may constitute \u201cforward-looking statements\u201d within the meaning of Section\u00a027A of the Securities Act of 1933, Section\u00a021E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Words such as \u201cwill,\u201d \u201cexpect,\u201d \u201cbelieve,\u201d \u201cestimate,\u201d \u201ccontinue,\u201d \u201canticipate,\u201d \u201cintend,\u201d \u201cplan\u201d and similar expressions are intended to identify these forward-looking statements. Forward-looking statements discuss management\u2019s current expectations and projections relating to our financial position, results of operations, plans, objectives, future performance, and business. The inclusion of any forward-looking information in this release should not be regarded as a representation that the future plans, estimates, or expectations contemplated will be achieved. Forward-looking statements are subject to various risks, uncertainties, and assumptions. Forward-looking statements reflect management\u2019s current plans, estimates, and expectations, and are inherently uncertain. All forward-looking statements are subject to known and unknown risks, uncertainties, and other important factors that may cause actual results to be materially different, including risks relating to: global and domestic market and business conditions; successful execution of business and growth strategies and regulatory factors relevant to our business; changes in our tax status; our ability to maintain our fee structure; our ability to attract and retain key employees; our ability to manage our obligations under our debt agreements; as well as assumptions relating to our operations, financial results, financial condition, business prospects, growth strategy; and our ability to manage the effects of events outside of our control. The foregoing list of factors is not exhaustive. For more information regarding these risks and uncertainties as well as additional risks that we face, you should refer to the \u201cRisk Factors\u201d included in our annual report on Form\u00a010-K\u00a0for the year ended December\u00a031, 2022, filed with the U.S. Securities and Exchange Commission (\u201cSEC\u201d) on March 27, 2023, and in our subsequent reports filed from time to time with the SEC. The forward-looking statements included in this release are made only as of the date hereof. We undertake no obligation to update or revise any forward-looking statement as a result of new information or future events, except as otherwise required by law.<\/p>\n

\n Ownership Limitations<\/strong>
\n
P10\u2019s Certificate of Incorporation contains certain provisions for the protection of tax benefits relating to P10\u2019s net operating losses. Such provisions generally void transfers of shares that would result in the creation of a new 4.99% shareholder or result in an existing 4.99% shareholder acquiring additional shares of P10.<\/p>\n

\n P10 Press\u00a0and Investor Contact:<\/strong>
\n
\n info@p10alts.com<\/a>\n <\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

DALLAS, June 26, 2023 (GLOBE NEWSWIRE) — P10, Inc.\u00a0(NYSE: PX), a leading private markets solutions provider,\u00a0today announced that it has joined the broad-market Russell 2000\u00ae Index. Annual Russell index reconstitution captures the 4000 largest US stocks as of April 28, ranking them by total market capitalization, including the Russell 3000\u00ae and Russell Microcap\u00ae Indexes. Being included in the Russell 3000\u00ae means P10 will also be included in the Russell 2000\u00ae. Robert Alpert, Chairman and Co-CEO, and Co-CEO\u00a0Clark Webb\u00a0said, \u201cWe are honored to be included in the prestigious Russell indexes. We believe index inclusion is an important component to reaching a wider investor universe while drawing attention to our superior business model and financial performance.\u201d Russell indexes are widely used by … <\/p>\n

Continue reading “P10 Joins Russell Indexes”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-765992","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nP10 Joins Russell Indexes - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/p10-joins-russell-indexes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"P10 Joins Russell Indexes - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"DALLAS, June 26, 2023 (GLOBE NEWSWIRE) — P10, Inc.\u00a0(NYSE: PX), a leading private markets solutions provider,\u00a0today announced that it has joined the broad-market Russell 2000\u00ae Index. Annual Russell index reconstitution captures the 4000 largest US stocks as of April 28, ranking them by total market capitalization, including the Russell 3000\u00ae and Russell Microcap\u00ae Indexes. Being included in the Russell 3000\u00ae means P10 will also be included in the Russell 2000\u00ae. Robert Alpert, Chairman and Co-CEO, and Co-CEO\u00a0Clark Webb\u00a0said, \u201cWe are honored to be included in the prestigious Russell indexes. 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