The Motley Fool

APRIL 12, 2024

Total annualized organic base fee growth of 1% reflected seasonally softer flows earlier in the quarter before coming back to target in March. billion increased 11% year over year, driven by the impact of market appreciation over the last 12 months on average AUM and higher performance fees and technology services revenue.

Performance Fees 130

Performance Fees Assets Shareholders Leveraging 130

The Motley Fool

JULY 14, 2023

On an equivalent day count basis, our annualized effective fee rate was 0.2 Performance fees of 118 million increased from a year ago, primarily reflecting higher revenue from illiquid alternatives. We grew technology services revenues and ACV as clients leveraged Aladdin to support their investment processes.

Asset Management 130

Asset Management Assets Banks Debt 130

Pension Pulse

SEPTEMBER 4, 2024

MAM and PSP Investments acquired a majority stake in AirTrunk in 2020. A group led by Macquarie’s infrastructure arm took control of the company in 2020 in a deal that valued it at about A$3 billion, Bloomberg reported at the time. The deal triggers a large performance fee for ASX-listed Macquarie Group, which manages the fund.

Investing 59

Investing Asset Management 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 Finance 52

The Big Picture

JULY 4, 2023

You have no performance fee and no line of sight to getting to one anytime soon, and you have AUM shrinking by virtue of the losses, as well as the fact that LPs are now rightly redeeming. There’s a reason Steve Tanenbaum’s fund was $34 billion in 2020. LMR in 2020 was 4.6 WEINSTEIN: Cut in half.

Hedge Funds 59

Hedge Funds Funds Banks Capital 59

The Big Picture

MARCH 27, 2023

And so if you compare that to today, if you remember Oaktree raised $15 billion fund in 2020, on its own. And these were real bankruptcies, led by a supply-demand imbalance, too much leverage and not enough demand for the products. If you think of the biggest bankruptcy in 2020 was Hertz. So the magnitude is not even comparable.

Hedge Funds 114

Hedge Funds Funds Assets Finance 114

The Motley Fool

JULY 15, 2024

billion was 8% higher year over year, driven by positive organic base fee growth and the impact of market movements on average AUM over the last 12 months. Higher performance fees and technology services revenue also contributed to revenue growth. Our annualized effective fee rate was flat compared to the first quarter.

Assets 130

Assets Liabilities Leveraging Asset Management 130