Remove 2007 Remove Management Fees Remove Performance Fees
article thumbnail

MiB: Graeme Forster, Orbis Investments

The Big Picture

which has $34 billion in assets under management. Graeme joined Orbis in 2007 and is responsible for international equity and optimal strategies. We discuss the firm’s unique fee arrangement: For institutional accounts of $100 million and up, they pay a base fee 33% of outperformance versus the benchmark (and no management fee).

article thumbnail

Blackstone (BX) Q4 2023 Earnings Call Transcript

The Motley Fool

Fee earning AUM increased 6% year over year, while base management fees rose 7% to a record $6.5 Q4 represented the 56th consecutive quarter of year-over-year growth in base management fees at the firm. Fee related earnings were $4.3 Michael, I appreciate your color on the flagship and management fees.

article thumbnail

Blackstone (BX) Q2 2024 Earnings Call Transcript

The Motley Fool

These three sectors comprise approximately 75% of our global real estate equity portfolio today compared to 2% in 2007. Notwithstanding the temporary impact from these fee holidays, management fees increased 5% year over year to a record $1.8 Fee-related earnings were $1.1 BXP exited its fee holiday this month.

Assets 130