Companions Group Holding AG (OTCPK:PGPHF) Q2 2025 Earnings Convention Name July 15, 2025 12:15 PM ET
Firm Contributors
David Michael Layton – Companion, CEO & World Government Board Member
Roberto Cagnati – Companion, Chief Danger Officer, Head of Portfolio Options & World Government Board Member
Convention Name Contributors
Angeliki Bairaktari – JPMorgan Chase & Co, Analysis Division
Arnaud Maurice Andre Giblat – BNP Paribas Exane, Analysis Division
Charles John Douglas Bendit – Redburn (Europe) Restricted, Analysis Division
Hubert Lam – BofA Securities, Analysis Division
Nicholas Herman – Citigroup Inc., Analysis Division
Oliver Carruthers – Goldman Sachs Group, Inc., Analysis Division
Operator
Good day, and thanks for standing by. Welcome to the Companions Group’s announcement of AuM as of the thirtieth of June 2025 Webcast and Convention Name. I might now like handy the convention over to your first speaker right now, Mr. David Layton. Please go forward, sir.
David Michael Layton
Hey, everybody. Welcome to Companions Group’s H1 enterprise replace and outlook name. I am Dave, CEO of Companions Group. And I am joined right now by Roberto, our Head of Portfolio Options and our Chief Danger Officer, Joris, our CFO, will be part of us for the Q&A.
Earlier this yr, January, February, March, it felt like 2025 had the potential to be an enormous rebound yr for the trade. Nonetheless, the volatility stemming from tariffs in April stole a few of that momentum and the surroundings throughout H1 turned out to be a bit extra combined. World buyout quantity is holding regular, perhaps up slightly from latest durations. IPO exercise stays subdued, buyout exit volumes fell year-on-year and international buyout capital raised was down fairly meaningfully from the identical interval final yr, a continuation of what we have been experiencing in H2.
Distribution ranges proceed to have room for upside, which may assist to
