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Patria targets $500m for first secondaries fund following Abrdn acquisition

Private Equity Wire

Management fees for the fund are set at 1% on commitments during the investment period, dropping to 0.75% on net asset value thereafter. The fund carries a 10% performance fee over an 8% preferred return.

Funds 96
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Carlyle’s CEO reveals revival plan

Private Equity Wire

Finally, the firm intends to increase the percentage of earnings its shareholders receive from base management fees, which it says will create a predictable earnings stream for public shareholders to value, accompanied by the transfer of performance fees to its dealmakers.

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Markel Group (MKL) Q3 2024 Earnings Call Transcript

The Motley Fool

Most of the repurchase activity took place starting in 2022, and it continues through this day. general liability and professional liability product lines during 2022 and 2023, we took action, including both adding reserves on older accident years given experience and increasing the margin of safety applied on more recent accident years.

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BlackRock (BLK) Q3 2024 Earnings Call Transcript

The Motley Fool

The combination triples infrastructure AUM and doubles private markets run-rate management fees. This was due to the relative outperformance of lower fee U.S. equity markets and client preferences for lower fee U.S. The closing of GIP added $116 billion of client AUM and $70 billion of fee-paying AUM on October 1.

Assets 130
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BlackRock (BLK) Q4 2023 Earnings Call Transcript

The Motley Fool

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
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Blackstone (BX) Q1 2024 Earnings Call Transcript

The Motley Fool

Fee-related earnings increased 12% year over year to $1.2 per share, the highest level in six quarters and the third-best quarter in firm history, powered by double-digit growth in fee revenues, coupled with the firm's robust margin position. That, in turn, was about half the growth rate of 2022 overall. billion or $0.95

Assets 130
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CDPQ's Head of Liquid Markets Discusses Mid-Year Results

Pension Pulse

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.