Remove 2013 Remove Performance Fees Remove Shareholders
article thumbnail

Rithm Capital (RITM) Q2 2024 Earnings Call Transcript

The Motley Fool

We completed the previously announced acquisition of the Management Contract of Great Ajax, which was a residential mortgage REIT, which is now we're going to transition that into an opportunistic commercial mortgage REIT, which will help generate fee-related earnings for shareholders as we reposition the company and grow it.

Capital 130
article thumbnail

BlackRock (BLK) Q4 2023 Earnings Call Transcript

The Motley Fool

billion was 7% higher year over year, driven by the impact of higher markets on average AUM and higher performance fees. Fourth quarter and full year performance fees of 311 million and 554 million, respectively, increased from a year ago, reflecting higher revenue from liquid alternatives and long-only mandates.

Assets 130
article thumbnail

Rithm Capital (RITM) Q3 2024 Earnings Call Transcript

The Motley Fool

We've done this before while building new residential at Fortress going back to 2013, and we'll do it again. The commercial real estate business today is in one of those periods where we feel current capital deployment will be hugely rewarded down the road and being patient searching for the right investments will reward our shareholders.

Capital 130