The Big Picture

JUNE 13, 2023

RITHOLTZ: I forgot to mention, you have received the Chevalier dans l’Ordre de la Légion d’Honneur by the president of the French Republic in January 2022. The exposure you get in investment banking, I was a leveraged finance banker by background. MATHIEU CHABRAN, CO-FOUNDER, TIKEHAU CAPITAL: Thank you, Barry.

Banks 59

Banks Asset Management Assets Capital 59

Pension Pulse

AUGUST 17, 2023

over five years: Net assets rose to $424 billion from $402 billion as at December 31, 2022 Sustained level of activities in Québec CDPQ today presented an update of its results as at June 30, 2023. The difference with 2022 is primarily explained by the increase in external performance fees related to increased returns.

Pension Funds 52

Pension Funds Assets Debt Finance 52

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. Prior to AirTrunk, the largest data centre deal came in 2022, when KKR and GIP bought US-based CyrusOne for $US15 billion ($22 billion).

Investing 59

Investing Asset Management Stakes Assets 59

The Motley Fool

JANUARY 12, 2024

billion declined 2% from 2022, while earnings per share of $37.77 billion was 7% higher year over year, driven by the impact of higher markets on average AUM and higher performance fees. increased by 40 basis points year on year as we continue to drive operating leverage and profitable growth after the market shock of 2022.

Assets 130

Assets Shareholders Capital Asset Management 130

Pension Pulse

MAY 22, 2024

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. Management fees decreased by $10 million, remaining broadly in line with the prior year.

Investing 59

Investing Pension Funds Stakes Assets 59

Pension Pulse

MAY 24, 2023

with net assets of $570 billion, compared to $539 billion at the end of fiscal 2022: Highlights 1 : Fiscal 2023 net return of 1.3% with net assets of $570 billion, compared to $539 billion at the end of fiscal 2022: Highlights 1 : Fiscal 2023 net return of 1.3% million last year – $4.6 10-year net return of 10.0%

Investing 52

Investing Stakes Pension Funds Assets 52

The Big Picture

FEBRUARY 28, 2023

So it used to be within private markets that you would find a good business, apply quite a bit of leverage to it, at least in the private equity business, and be able to make a pretty good return by buying good solid businesses as they are. Leverage levels have come down materially. LAYTON: Leverage levels have changed.

Assets 59

Assets Due Diligence Private Equity Firms Private Equity Firms 59

The Motley Fool

JANUARY 25, 2024

Most major equity indices rebounded from significant declines in 2022 but with wide intrayear swings driven by historic movements in treasury yields, economic uncertainty, and geopolitical instability. Against this backdrop, Blackstone generated steady fee-related earnings of $4.3 BCRED had its best month since May 2022, raising $1.1

Management Fees 100

Management Fees Banks Capital Assets 100

The Motley Fool

JULY 18, 2024

Even through this period, Blackstone real estate has delivered differentiated performance. BREIT, for example, has generated a cumulative return of 10% net in its largest share class since the beginning of 2022 and 10%-plus net returns annually since inception, seven and a half years ago, more than double the return of the public REIT market.

Assets 130

Assets Finance Financing Capital 130