Remove 2015 Remove Performance Fees Remove Stock Exchanges
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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. 00:24:31 [Speaker Changed] We refund the fee.

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Blackstone (BX) Q1 2024 Earnings Call Transcript

The Motley Fool

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.

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