The Motley Fool

FEBRUARY 4, 2025

billion, and cash taxes to be $100 million to $200 million in 2025, given a prepayment in 2024. Is that revenue largely recurring, or were there one-time delivery or performance fees lumped in there? We expect to generate free cash flow in the range of $700 million to $900 million for the full year 2025. billion to $1.3

Debt 130

Debt Assets Leveraging Shareholders 130

The Motley Fool

OCTOBER 31, 2024

At the end of September, the fair value of our equity portfolio included cumulative pre-tax unrealized gains of $7.8 Net unrealized investment gains included in other comprehensive income in the first nine months of 2024 were $283 million net of taxes, compared to net unrealized investment losses of $135 million net of taxes last year.

Liabilities 130

Liabilities Performance Fees Capital Portfolios 130

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?

Hedge Funds 114

Hedge Funds Funds Assets Finance 114

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

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 as-adjusted tax rate for the second quarter was approximately 24%.

Assets 130

Assets Liabilities Leveraging Asset Management 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. EPS also reflected a lower tax rate partially offset by lower nonoperating income and a higher share count in the current quarter. Fourth-quarter base fees and securities lending revenue of 4.4

Assets 130

Assets Shareholders Capital Portfolios 130

The Motley Fool

JANUARY 15, 2025

billion, with pre-tax margin of 35%. 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. Then to complete our lines of business, asset and wealth management on Page 7. AWM reported net income of 1.5

Banks 243

Banks Investment Banks Investment Banking Capital 243

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.

Assets 130

Assets Finance Financing Management Fees 130

The Motley Fool

OCTOBER 29, 2024

And -- we delivered another strong quarter with pre-tax income, excluding mark-to-market on the owned MSR portfolio of approximately $246 million, which is an increase of 8% quarter over quarter and delivering a 24% return on equity. Baron Silverstein -- President, NewRez Thank you, Michael. Good morning. I'm going to start on Slide 16.

Capital 130

Capital Asset Management Assets Performance Fees 130