The Motley Fool

AUGUST 8, 2024

Just going back to the performance fee margin ramp, you said 12% to 18% is possible there as those mature. Thomas Kelliher -- Analyst Hey, good afternoon. This is Thomas going on for Sean. Congrats on the positive update here and thanks for taking the question.

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The Motley Fool

JULY 31, 2024

The first one you called out I think was a performance fee you received related to the chronic care business. Operator The next question today comes from Sean Dodge with RBC Capital Markets. Please go ahead. Sean Dodge -- Analyst Yeah, thanks. Mala, you mentioned three factors benefiting margins in the quarter.

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The Motley Fool

FEBRUARY 4, 2025

Is that revenue largely recurring, or were there one-time delivery or performance fees lumped in there? You know, first, I guess what happened in the public sector in the quarter, it's not still entirely clear to me. Chris, you said it was driven by a lot of sales or turn-up services to the state of California.

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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. The article also notes that Blackstone will need to pour plenty of capital into AirTrunk after the sale. Mr Khuda, Blackstone and AirTrunk declined to comment.

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The Motley Fool

JULY 28, 2023

And there have been some articles in the press about it recently. I know you had highlighted difficult comp on performance fees in the quarter. And then, I'm wondering if you can comment on the momentum in your IP business, intellectual property. How meaningful is that to organic revenue growth? Can you provide some color there?

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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.

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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.

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The Motley Fool

OCTOBER 31, 2024

So the management fee portion would be real-time, but the performance fee would be on a lag. Thomas Sinnickson Gayner -- Chief Executive Officer Yes, it's not so much that it's on a lag, it's generally speaking the performance fee would be earned at the stroke of midnight. Is that a good way to think about it?

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The Motley Fool

APRIL 18, 2024

What needs to happen here for returns to recover and accrued performance fees to build into what I think are big crystallizations anticipated for next year? And when that happens, we'll get these unrealized performance fees that happen on a regular basis. So to me, it's a matter of time.

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The Big Picture

JULY 4, 2023

I think you sent me this article, actually, because I was pulling up your name on my text messages and it came up. ADVERTISEMENT) RITHOLTZ: I really love “The Wall Street Journal” article about you that began, quote, “In the overwhelmingly male world of hedge funds, Ilana Weinstein is one of the most powerful women, but Ms.

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The Big Picture

MARCH 27, 2023

DOMINIQUE MIELLE, AUTHOR, “DAMSEL IN DISTRESSED”: Well, it started with an article that I wrote as a hobby about my experience as a woman at Lehman Brothers, and it was picked up by Business Insider, and I realized a couple things. What made you decide to write a memoir about your decades in the hedge fund industry?

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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.

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The Motley Fool

OCTOBER 31, 2023

Blackstone is in the business of investing capital, and earning management and performance fees on that invested capital. It can take years, it can take even decades before a car is collected, but that's when we start seeing clubs form buying those cars or somebody wrote an article. That's the collecting feature.

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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.

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The Motley Fool

JANUARY 15, 2025

billion was up 13% year on year, predominantly driven by growth in management fees on higher average market levels and strong net inflows, as well as higher performance fees. Revenue of 5.8 Expenses of 3.8 While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript.

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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. This is evidenced by this quarter's fee rate increase primarily reflecting the onboarding of higher fee rate private market assets following the GIP closing. Operating income of 8.1 increased 15%.

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The Motley Fool

JULY 18, 2024

As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. But a few questions in there, but basically, FRE margin, yes, ex core plus is the base question.

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The Motley Fool

JANUARY 25, 2024

Just wanted to get your sense of the confidence of growing the fee-related revenue, not including fee-related performance fees, just the base revenue, they had a double-digit pace in 2024. But just, Michael, the -- in talking about the pace of the activations of the funds.

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The Motley Fool

OCTOBER 29, 2024

Michael, as the third quarter went through, I believe we typically get some annual performance fees that hit in Q4. And maybe what type of earnings impacts that may have as far as margin on those performance fee in fourth quarter? Can you maybe try to quantify that?

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The Motley Fool

JANUARY 30, 2025

So just wondering what your outlook for the FRE margin might be in '25, even just not even considering fee-related performance revenue. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript.

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