2013 Performance Fees Taxes 
The Motley Fool
JULY 31, 2024
If you look back in history in just a little bit, taking you backwards, company was started in 2013 with $1 billion of equity capital. Our second-quarter pre-tax income was $248 million, delivering a 23% ROE, excluding mark-to-market on the owned portfolio. I believe performance fees typically occur end of year.
Pension Pulse
MAY 22, 2024
billion of net income, CPP Investments directly and indirectly incurred $1,617 million of operating expenses, $1,449 million in investment management fees and $2,067 million in performance fees paid to external managers, as well as $427 million of transaction-related expenses. Our original investment was made in 2013.
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Pension Pulse
MAY 24, 2023
Management fees increased by $165 million, due to an increase in average assets managed by external fund managers. Performance fees decreased by $621 million driven by fewer realization events in the private equity portfolio given the low transaction activity through the year, partially offset by strong performance of hedge funds.
The Motley Fool
JANUARY 12, 2024
billion was 7% higher year over year, driven by the impact of higher markets on average AUM and higher performance fees. Our as-adjusted tax rate for the fourth quarter was approximately 24%, driven, in part, by discrete items. Fourth quarter base fees and securities lending revenue of 3.6 Operating income of 6.6
The Motley Fool
OCTOBER 29, 2024
We've done this before while building new residential at Fortress going back to 2013, and we'll do it again. And -- we delivered another strong quarter with pre-tax income, excluding mark-to-market on the owned MSR portfolio of approximately $246 million, which is an increase of 8% quarter over quarter and delivering a 24% return on equity.
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