The Big Picture

JULY 4, 2023

Elliott just created an investment committee in 2021, I think precisely to get things ready for succession planning. 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. WEINSTEIN: Cut in half.

Hedge Funds 59

Hedge Funds Funds Banks Capital 59

The Motley Fool

AUGUST 2, 2023

While acquisitions contributed a portion of the year-over-year growth in adjusted EBITDA, we're also benefiting from a healthy mix of higher pull-through of specialty technology and services, as well as maturation of the performance we book.

Securities and Exchange Commission (SEC) 100

Securities and Exchange Commission (SEC) Leveraging Capital Prospects 100

Pension Pulse

MAY 24, 2023

In the most recent triennial review published in December 2022, the Chief Actuary reaffirmed that, as at December 31, 2021, both the base and additional CPP continue to be sustainable over the long term at the legislated contribution rates. for a total allocation of C$730 million since the venture was established in 2021.

Investing 52

Investing Stakes Pension Funds Assets 52

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.

Pension Funds 52

Pension Funds Assets Debt Finance 52

The Big Picture

OCTOBER 17, 2023

And they also have a unique approach to feeds when they’re generating alpha, when they’re outperforming their benchmark, they take a performance fee. And when they’re not generating alpha, when they’re underperforming, they actually return fees. 00:24:31 [Speaker Changed] We refund the fee.

Investing 52

Investing Capital Shareholders Returns 52

The Motley Fool

OCTOBER 31, 2023

Blackstone is in the business of investing capital, and earning management and performance fees on that invested capital. Deidre Wollard: Let's talk a bit about Haggerty because you went public in 2021, but the history of the business is so much older. Raising capital has become a bit of a struggle.

Depreciation 130

Depreciation Bidding Capital Companies 130

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

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 Big Picture

FEBRUARY 28, 2023

Between, you know, the 2018 time period and 2021, the public markets experienced multiple expansion on an EV to EBITDA basis of about 11, 12 times, historically. And that comes from having our capital invested alongside theirs, and having very strict requirements for performance before we get paid performance fees.

Assets 59

Assets Due Diligence Private Equity Firms Private Equity Firms 59

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

The Motley Fool

JANUARY 25, 2024

And finally, for BAAM, since the start of 2021, when we brought in Joe Dowling to lead the business, the BPS Composite has been up every quarter, outperforming the 60-40 portfolio by approximately 1,200 basis points. Moving to the second key dynamic emerging in our business, our momentum in private wealth.

Management Fees 100

Management Fees Banks Capital Assets 100

The Motley Fool

OCTOBER 29, 2024

Since 2021, we have deployed $5.8 Book value, up 8% since 2021, very stable quarter over quarter. When you look at our capital deployment since 2021, if you look to the left part of the page, Jan of 2021, earnings available for distribution were $0.34. We raised $300 million. So you understand our thought process.

Capital 130

Capital Asset Management Assets Performance Fees 130

The Motley Fool

JANUARY 30, 2025

For example, BIP joined our real estate team in 2021 to privatize the QTS data center business, which has become the largest and fastest-growing data center platform in the world. gross return for the absolute return composite, the 19th consecutive quarter of positive performance, and 13% for the year. BXMA reported a 3.7%

Management Fees 130

Management Fees Assets Capital Funds 130

The Motley Fool

JULY 18, 2024

Our largest data center portfolio company, QTS, has grown lease capacity seven times since we took it private in 2021. Since the start of 2021, the absolute return composite net of fees is a cumulative 27% or nearly double the traditional 60-40 portfolio.

Assets 130

Assets Finance Financing Management Fees 130