HMC Capital Ltd. has released its FY25 results, highlighting a strong performance with pre-tax earnings of 56.0 cents per share (cps). This result is particularly influenced by the notable performance from the private equity division's HMCCP fund. Looking ahead, HMC Capital anticipates FY26 pre-tax earnings to be more influenced by organic growth in recurring funds management earnings from its established divisions. The real estate division expects a 15% year-over-year growth in fund management EBITDA, while the private credit division anticipates a 20% growth. The private equity division is targeting a normalized fund performance with a target of 15% per annum. Additionally, the digital and energy transition funds management divisions are expected to target similar growth levels once they become operational. HMC Capital is also undergoing a review of its sustainability objectives, aligning them with the company's evolving business strategy, including a reassessment of their current Net Zero Emissions targets.