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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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BlackRock (BLK) Q2 2023 Earnings Call Transcript

The Motley Fool

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 talked to you about adding nearly $2 billion of base and performance fees in 2022. We obviously had a 42.5%

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BlackRock (BLK) Q3 2024 Earnings Call Transcript

The Motley Fool

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
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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 and CPP Investments Acquire AirTrunk From Macquarie and PSP Investments

Pension Pulse

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).

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Rithm Capital (RITM) Q2 2024 Earnings Call Transcript

The Motley Fool

Genesis Capital, just to give you a sense on that business, we acquired that in December, I believe of 2022. EBITDA growth in that business since the time that we acquired that is probably up something around -- I think it's up about 50% since we acquired the company in June of 2022. Again, another direct lending business.

Capital 130