The Big Picture

JUNE 13, 2023

We were lucky enough to have Temasek backing us as early as 2016. And I think this is where the industry should be heading. You’ve got the most sophisticated sovereign wealth funds in the world. They’ve been a great partner ever since. Great marketplace.

Banks 59

Banks Asset Management Assets Capital 59

The Big Picture

MARCH 27, 2023

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. And so what that’s done is a couple things. It was a few months in 20, 25 months.

Hedge Funds 114

Hedge Funds Funds Assets Finance 114

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 in fiscal 2023.

Investing 59

Investing Pension Funds Stakes Assets 59

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 Capital Asset Management 130

Pension Pulse

MAY 24, 2023

Management fees increased by $165 million, due to an increase in average assets managed by external fund managers. Agreed to sell our 33.33% indirect stake in Skyway Concession Company LLC, which manages, operates and maintains the Chicago Skyway toll road. We initially acquired our stake in 2016.

Investing 52

Investing Stakes Pension Funds Assets 52