Remove 2017 Remove Deal Flow Remove Performance Fees
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BlackRock (BLK) Q3 2024 Earnings Call Transcript

The Motley Fool

We expect these private market assets to positively impact BlackRock's overall effective fee rate by 0.5 Performance fees of $388 million increased significantly from a year ago, primarily reflecting strong alpha generation over the last 12 months from a hedge fund with an annual lock in the third quarter. to 1 full basis point.

Assets 130
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Transcript: Mathieu Chabran

The Big Picture

But I would add, we had just gone public at the time, 2017. So that was in 2017, we went public on Euronext Paris. We launched our very first growth private equity strategy in 2017-2018, way before it has, as I said, become a must-have strategy for many managers and for many allocators. Is it just the size of the US market?

Banks 57
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BlackRock (BLK) Q4 2023 Earnings Call Transcript

The Motley Fool

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
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Blackstone (BX) Q2 2024 Earnings Call Transcript

The Motley Fool

There's also a variable around the sort of the level of deal flow a year ago and the benefit that comes from buying those funds at a discount to the fund returns in the short term. And then if you could just remind us of what the -- what you think the comp ratio overall on core plus is maybe that's kind of the by product.

Assets 130