Pension Pulse

SEPTEMBER 4, 2024

The deal triggers a large performance fee for ASX-listed Macquarie Group, which manages the fund. The fee is expected to be worth hundreds of millions of dollars. Mr Khuda, Blackstone and AirTrunk declined to comment. Macquarie’s fund and PSP will sell their AirTrunk stakes in full.

Investing 59

Investing Asset Management Stakes Assets 59

The Motley Fool

OCTOBER 11, 2024

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

Assets Leveraging Mergers and Acquisitions Capital 130

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. Our original investments were made in 2017.

Investing 59

Investing Pension Funds Stakes Assets 59

Pension Pulse

AUGUST 17, 2023

Financial reporting As at June 30, 2023, the annualized costs incurred for CDPQ’s activities, which include internal operating expenses, external management fees and transaction costs, were estimated at 55 cents per $100 of net average assets, compared with 48 cents as at December 31, 2022. It's been a great performer for CDPQ.

Pension Funds 52

Pension Funds Assets Debt Financing 52

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 Liabilities Debt 100

The Big Picture

JUNE 13, 2023

The exposure you get in investment banking, I was a leveraged finance banker by background. But I would add, we had just gone public at the time, 2017. So that was in 2017, we went public on Euronext Paris. CHABRAN: Maybe because I come from a leverage finance background, as I told you, I tend always to focus on the downside.

Banks 57

Banks Asset Management Capital Assets 57

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