Remove 2007 Remove Performance Fees Remove Taxes
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Transcript: Graeme Forster, Orbis Investments

The Big Picture

And they also have a unique approach to feeds when they’re generating alpha, when they’re outperforming their benchmark, they take a performance fee. And when they’re not generating alpha, when they’re underperforming, they actually return fees. You joined in 2007, what led you there?

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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. With that capital, we repositioned our portfolio over time by selling U.S. office buildings and instead bought warehouses, rental housing and eventually, data centers. Real estate markets, of course, are cyclical.

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