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. Fourth quarter and full year performance fees of 311 million and 554 million, respectively, increased from a year ago, reflecting higher revenue from liquid alternatives and long-only mandates.

Assets 130

Assets Shareholders Asset Management Capital 130

The Motley Fool

JULY 28, 2023

In response to client demand and the opportunity, we're evolving to an organization that drives efficiency, operating leverage, and margin expansion to one that's also increasingly driving improved client service delivery and accelerating innovation at scale. I know you had highlighted difficult comp on performance fees in the quarter.

Capital 100

Capital Business Services Debt Liabilities 100

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. To generate $46.4 bps and below the 28.6

Investing 59

Investing Pension Funds Stakes Assets 59

The Big Picture

FEBRUARY 28, 2023

And then in 2016, we were thinking a little bit more strategically about our business in the Americas, and I championed this project to open up a headquarters for the firm in Colorado and — RITHOLTZ: Away from Wall Street. Leverage levels have come down materially. LAYTON: Leverage levels have changed. That has changed.

Assets 59

Assets Due Diligence Private Equity Firms Private Equity Firms 59

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.

Investing 52

Investing Stakes Pension Funds Assets 52

The Big Picture

JUNE 13, 2023

The exposure you get in investment banking, I was a leveraged finance banker by background. CHABRAN: Maybe because I come from a leverage finance background, as I told you, I tend always to focus on the downside. We were lucky enough to have Temasek backing us as early as 2016. I think it was a great training. Great marketplace.

Banks 59

Banks Asset Management Assets Capital 59

The Big Picture

MARCH 27, 2023

And these were real bankruptcies, led by a supply-demand imbalance, too much leverage and not enough demand for the products. 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.

Hedge Funds 114

Hedge Funds Funds Assets Finance 114