Pension Pulse

SEPTEMBER 4, 2024

MAM and PSP Investments have sold their 88% stake in AirTrunk. Khuda, who established AirTrunk in 2015, will remain with the company as the CEO. MAM and PSP Investments acquired a majority stake in AirTrunk in 2020. Macquarie’s fund and PSP will sell their AirTrunk stakes in full. He will remain as chief executive.

Investing 59

Investing Asset Management Stakes Assets 59

Pension Pulse

MAY 22, 2024

billion in NetCo, Italy's largest fixed telecoms network; and the sale of its stake in the Hohe See and Albatros wind farms off the shores of Germany for $374 million in proceeds. Management fees decreased by $10 million, remaining broadly in line with the prior year. Invested C$534 million in KPN, bringing our ownership stake to 2.9%.

Investing 59

Investing Pension Funds Stakes Assets 59

The Motley Fool

APRIL 18, 2024

We did execute a number of sales in the quarter, including a stake in one of the largest cell tower platforms, public stock of the London Stock Exchange Group and the sales of certain other public and private holdings. And when that happens, we'll get these unrealized performance fees that happen on a regular basis.

Assets 130

Assets Debt Capital Banks 130

The Big Picture

OCTOBER 17, 2023

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. 00:24:31 [Speaker Changed] We refund the fee.

Investing 52

Investing Capital Returns Shareholders 52