The Motley Fool

OCTOBER 11, 2024

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

Assets Leveraging Mergers and Acquisitions Mutual Funds 130

The Motley Fool

FEBRUARY 21, 2025

billion with growth of 30% versus 2023. million was within but the low end of our guidance range provided in November, impacted by continued elevation in oncology expenses in our Performance Suite. They are also one of the biggest cost drivers with over $25 billion of spending growth from 2019 to 2023 alone.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Liabilities Performance Fees Capital 130

The Motley Fool

FEBRUARY 4, 2025

We strengthened our financial position and restored market confidence in Lumen, and it started with the debt restructuring that gives us ample time to execute our transformation. We lowered our debt load by $1.6 And importantly, we drove material improvement in both our equity and debt trading values.

Debt 130

Debt Assets Leveraging Shareholders 130

The Motley Fool

AUGUST 8, 2024

To achieve the top end of our range or higher, we need to slightly outperform our historical margin maturation pace or see utilization trends return to 2023 levels. In cost of revenue, we recognized approximately $10 million in favorable claims development from 2023 that was not offset by revenue refunds. We paid $88.75

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Capital Liabilities Leveraging 130

Pension Pulse

AUGUST 17, 2023

per cent return for the first half of 2023 despite volatile market conditions, with contributions coming from a fixed-income portfolio that was boosted by both higher interest rates and infrastructure bets that can act as a hedge against inflation. per cent return in the first six months of 2023, outpacing the benchmark of 3.2

Pension Funds 52

Pension Funds Assets Debt Financing 52

Pension Pulse

MAY 22, 2024

billion at the end of fiscal 2023. Performance of the Base and Additional CPP Accounts The base CPP account ended the fiscal year on March 31, 2024, with net assets of $593.8 billion at the end of fiscal 2023. billion at the end of fiscal 2023. bps in fiscal 2023. billion Net annual return of 8.0% To generate $46.4

Investing 59

Investing Pension Funds Stakes Assets 59

The Motley Fool

APRIL 18, 2024

billion as Weston mentioned, underpinned by the highest fee-related earnings in six quarters. On our January earnings call, following a volatile multi-year period for global markets, we noted an improving external environment and shared our view that 2023 would be the cyclical bottom for our firm. Distributable earnings were $1.3

Assets 130

Assets Debt Banks Capital 130

The Motley Fool

OCTOBER 31, 2024

First, as of September 30, 2024, total net investments, that is our entire publicly traded investment portfolio plus cash minus debt, summed up to $30.3 billion in the same period of 2023. billion in the same period of 2023. Our consolidated combined ratio for the first nine months of both 2024 and 2023 was 95%.

Liabilities 130

Liabilities Performance Fees Capital Portfolios 130

Pension Pulse

MAY 24, 2023

Net CPP cash flows in fiscal 2023 were higher than usual due to higher employment rates , an increased limit to the year’s maximum pensionable earnings, an increase to additional CPP contribution inflows and a lump-sum inflow in the fourth quarter due to forecasting adjustments made by the CPP. per cent return. million last year – $4.6

Investing 52

Investing Stakes Pension Funds Assets 52

The Big Picture

JULY 4, 2023

Tell us a little bit about some of the work you do that’s more than just, “Hey, I found the right fund manager for EM distressed debt.” 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.

Hedge Funds 59

Hedge Funds Funds Banks Capital 59

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

Stock Advisor returns as of October 23, 2023 This video was recorded on Oct. The great password crackdown of 2023. Blackstone is in the business of investing capital, and earning management and performance fees on that invested capital. Netflix is on the list -- but there are nine others you may be overlooking.

Depreciation 130

Depreciation Bidding Capital Companies 130

The Motley Fool

JANUARY 15, 2025

billion was 23% higher year over year, driven by the impact of higher markets on average AUM and higher performance fees. Lower interest income in the current quarter reflected the delivery of cash at the closing of the GIP transaction, which was raised through our debt offering in March 2024. Operating income of 8.1

Assets 130

Assets Shareholders Capital Asset Management 130

The Motley Fool

JANUARY 25, 2024

Blackstone (NYSE: BX) Q4 2023 Earnings Call Jan 25, 2024 , 9:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day, and welcome to the Blackstone fourth-quarter and full-year 2023 investor call. 2023 is also a year of important milestones for Blackstone.

Management Fees 100

Management Fees Banks Capital Assets 100

The Motley Fool

JULY 18, 2024

We're also providing equity and debt capital to other AI-related companies. billion financing package, the largest debt financing in our history, and we're now focusing on addressing the sector's power needs in many differentiated ways. Performance has been exceptional. billion of a $7.5 BCRED led the way with $3.4

Assets 130

Assets Financing Finance Management Fees 130

The Motley Fool

OCTOBER 29, 2024

We have funded our growth with our operating businesses, balance sheet, and a little bit of high-yield debt. Michael, as the third quarter went through, I believe we typically get some annual performance fees that hit in Q4. The government needs to continue to issue tons and tons of debt. I'd say that's pretty impressive.

Capital 130

Capital Asset Management Assets Performance Fees 130

The Motley Fool

JANUARY 30, 2025

economy, historically tight financing spreads, greater debt availability, the prospects of a more business-friendly regulatory climate and importantly, accelerating technological innovations have given us confidence to deploy capital at scale. Base rates are still a bit elevated, but the debt market is very constructive.

Management Fees 130

Management Fees Assets Capital Funds 130