Remove 2015 Remove Leveraging Remove Performance Fees
article thumbnail

Blackstone and CPP Investments Acquire AirTrunk From Macquarie and PSP Investments

Pension Pulse

Khuda, who established AirTrunk in 2015, will remain with the company as the CEO. AirTrunk, which was founded in Sydney in 2015, is considered the largest data centre group in Asia Pacific, with 11 sites in Australia, Japan, Malaysia, Hong Kong and Singapore. The fee is expected to be worth hundreds of millions of dollars.

article thumbnail

Blackstone (BX) Q1 2024 Earnings Call Transcript

The Motley Fool

And now we've transitioned to addressing the sector's growing power needs, leveraging our sizable energy infrastructure platform, which includes the largest private renewables developer in North America. And we think long term, there is a -- it's a robust margin position that we'll scale and leverage over time.

Assets 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

CPP Investments' CEO Discusses Fiscal Year 2024 Results

Pension Pulse

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 2015.

article thumbnail

Blackstone (BX) Q2 2024 Earnings Call Transcript

The Motley Fool

I have personally been active in this field since 2015. And we think operating leverage over the long term. And then longer term, that sort of picture of stability and over time of operating leverage. AI is widely acknowledged as having the potential to be one of the greatest drivers of transformation in a generation.

Assets 130