Remove 2016 Remove Investment Banking Remove Performance Fees
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Aon Plc (AON) Q2 2023 Earnings Call Transcript

The Motley Fool

And if you go back to 2016, we started with an amazing investment writing 601West at Aon. You know, we've now invested in hundreds of colleagues with a truly unique market-leading platform to really help understand this opportunity and these risks and these -- the value of these assets. It's 20, 25 colleagues.

Capital 100
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Transcript: Mathieu Chabran

The Big Picture

So that was a while back, but nonetheless, I don’t know if it was love at first sight, but we got to get along pretty well, and after a few years working for investment banks, he then joined Goldman Sachs. I joined, effectively, Deutsche Bank. We were lucky enough to have Temasek backing us as early as 2016.

Banks 59
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Transcript: Dominique Mielle

The Big Picture

I wanted to see the world, and whether it was investment banking, or basket weaving really had absolutely no bearing on my decision. Before that, 2016, the energy crisis, same. And all these formally high performers are now just so big, they’re very happy collecting the management fee and the performance fee matters less.

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Transcript: David Layton

The Big Picture

I was actually running the Investment Banking Club at BYU, and you know, thought I was interested in that, interested in going to Wall Street. We were really transitioning from, back then, outsourcing a lot of the investment content that we had done with other managers, to bring a lot of that in-house.

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