The Motley Fool

FEBRUARY 23, 2024

I'll also provide updates on our asset management activities, our recent dividend declarations, our expectations for dividends going forward, our recent investment activities and current investment pipeline, and several other noteworthy updates. We've also continued to produce attractive results in our asset management business.

Capital 130

Capital Securities and Exchange Commission (SEC) Asset Management Leveraging 130

Pension Pulse

JULY 3, 2024

Sarah Rundell of Top1000funds reports AIMCo talks total portfolio approach, private credit, and risk: Alberta Investment Management Corporation, AIMCo, the $160 billion asset manager for pensions, endowments and insurance groups in Canada’s western province, is developing a total portfolio approach in private assets.

Portfolios 59

Portfolios Due Diligence Pension Funds Debt 59

The Motley Fool

JANUARY 12, 2024

Today, we are announcing two transformational changes in anticipation of the evolution we see ahead for the asset management industry and for the entire global capital markets. BlackRock has developed a broad network of global corporate relationships through many years of long-term investments in both debt and equity.

Assets 130

Assets Shareholders Asset Management Capital 130

The Motley Fool

NOVEMBER 6, 2024

Excluding the Eddy assets, our sales per square foot was $910, our occupancy rate was 95.4%, same-store NOI was 2.8%, and traffic was up 1.6%. On the debt initiative, we are targeting a $2 billion reduction in long-term debt as part of that aspect of our plan. The overall deal is long-term accretive to FFO per share.

Debt 130

Debt Assets Portfolios Leveraging 130

Pension Pulse

MAY 8, 2024

“Particularly in this part of the world, there are a lot of governments who are jumping and saying that, ‘We’ve got a lot of energy transition needs,’” said Wai Leng Leong, head of Asia-Pacific at Caisse de Depot et Placement du Quebec at the FT Future of Asset Management Asia event in Singapore Wednesday.

Pension Funds 64

Pension Funds Finance Financing Deal Flow 64

The Motley Fool

OCTOBER 23, 2024

In addition, we discuss non-GAAP financial measures, including core funds from operations or core FFO, adjusted funds from operations or AFFO, and net debt to recurring EBITDA. times pro forma net debt to recurring EBITDA. We now enjoy significant runway to execute on our growing pipeline into 2025 without any equity capital needs.

Debt 130

Debt Capital Leveraging Assets 130

Pension Pulse

MAY 14, 2024

Pension plans and insurers have been piling into funds that invest in equity tranches of collateralized loan obligations in recent months, according to several asset managers who spoke on the condition of anonymity. GoldenTree Asset Management, Sculptor Capital Management, Carlyle Group Inc.

Pension Funds 59

Pension Funds Collateral Funds Hedge Funds 59

The Motley Fool

AUGUST 2, 2023

While we are a mortgage REIT, I'd like to think of us as an asset manager operating as a REIT. Yes, we do invest in all types of assets, both good REIT assets and nongood REIT assets, such as consumer loans and operating companies. As we look forward, deal flow is significant. The time is now.

Capital 100

Capital Asset Management Assets Shareholders 100

The Motley Fool

FEBRUARY 15, 2024

When coupled with the continued strength of our servicing and asset management segment, we delivered our strongest quarterly results for 2023. We do not expect to incur any loss on the loan, and our asset management team is working with the borrower to resolve the outstanding issues that led to the repurchase.

Debt 100

Debt Finance Financing Banks 100

Pension Pulse

JANUARY 12, 2024

is shaking up the top ranks of management, creating a new global product strategy group led by Stephen Cohen that will latch onto the global growth of exchange-traded funds and combine active and index strategies. BlackRock has a broad network of global corporate relationships as a long-term investor in both their debt and equity.

Pension Funds 59

Pension Funds Debt Assets Exchange-Traded Funds 59

The Motley Fool

MAY 3, 2024

Michele Reber -- Senior Director, Asset Management Thank you, and good morning. billion in debt was at fixed rates. And our net funded debt to annualized adjusted normalized EBITDA was 5.03 We don't really toggle a dollar amount to that number of deals, but it's substantial. You may begin, Michele. That's U.S.

Investors 130

Investors Assets Capital Portfolios 130

The Motley Fool

FEBRUARY 8, 2024

Michele Reber -- Senior Director, Asset Management Thank you and good morning. billion in debt was at fixed rates and our net funded debt to annualized adjusted normalized EBITDA was 4.96 And then, how are you thinking about funding additional acquisitions, whether it's equity or debt? You may begin.

Investors 130

Investors Assets Banks Capital 130

The Motley Fool

OCTOBER 11, 2024

Our business tends to be seasonally strongest in the fourth quarter and we maintain line of sight into a broad, global opportunity set of new asset management and technology mandates that should fuel organic growth. asset manager selected Aladdin to unify its investment management technology platform across public market asset classes.

Assets 130

Assets Leveraging Mergers and Acquisitions Mutual Funds 130

Pension Pulse

DECEMBER 16, 2024

In 1997, recognizing these challenges, Paul Martins Finance Department initiated reforms to funding mechanisms and created a reserve fund and an independent asset manager, CPPIB, to manage the reserve fund. He also cites an important paper from Alexander D.

Pension Funds 59

Pension Funds Funds Liabilities Assets 59

The Motley Fool

FEBRUARY 9, 2024

In the last two years, AUM has increased by over 75%, and the over $50 billion we've added in equity and fee eligible debt over that period represents over 80% of our starting fee paying AUM. We intend to launch a strategy focused on triple net lease in Europe, driven by deal flow we already see today. per quarter.

Capital 130

Capital Stakes Securities and Exchange Commission (SEC) Management Fees 130

The Motley Fool

APRIL 12, 2024

This transaction expands on BlackRock's minority investment in Spyder Rock Advisors made in 2021 and builds on BlackRock's strong growth in personalized separately managed accounts via Aperio and ETF mod portfolios. In March, we issued $3 billion of debt to fund a portion of the cash consideration for our planned acquisition of GIP.

Performance Fees 130

Performance Fees Assets Shareholders Leveraging 130

The Motley Fool

JANUARY 12, 2024

Underwriting fees were up significantly compared to a weak prior-year quarter with debt up 21% and equity up 30%. But having said that, I think we're seeing a bit of pickup in deal flow, and I would expect the environment to be a bit more supportive. IB fees were also up 13% year on year, and we ended the year ranked No.

Banks 130

Banks Capital Assets Investment Banks 130

The Motley Fool

AUGUST 3, 2023

In the midst of dramatically lower transaction volumes in the first half of 2023, Walker & Dunlop's countercyclical lending businesses, exemplary credit track record, and consistent servicing and asset management revenues provided us with the financial strength to continue investing in the business for long-term growth and success.

Asset Management 100

Asset Management Finance Financing Debt 100

The Motley Fool

APRIL 24, 2024

In addition, we discuss non-GAAP financial measures, including core funds from operations or core FFO, adjusted funds from operations or AFFO, and net debt to recurring EBITDA. Our conversion rate of deals approved by our investment committee to letters of intent signed is the highest in over two years at approximately 38%.

Debt 130

Debt Leveraging Capital Finance 130

The Motley Fool

JULY 24, 2024

In addition, we discuss non-GAAP financial measures, including core funds from operations, or core FFO; adjusted funds from operations, or AFFO; and net debt to recurring EBITDA. times net debt to recurring EBITDA, providing us with unparalleled optionality as we continue to execute on our pipeline. of annualized base rents.

Debt 130

Debt Capital Assets Asset Management 130

The Big Picture

APRIL 4, 2023

 The transcript from this week’s, MiB: Ken Kencel, Churchill Asset Management , is below. BARRY RITHOLTZ, HOST, MASTERS IN BUSINESS: This week on the podcast, I have an extra special guest, Ken Kencel of Churchill Asset Management, CEO, Founder, President. This is really a fascinating story. It’s fantastic.

Private Equity Firms 59

Private Equity Firms Private Equity Firms Finance Financing 59

The Motley Fool

NOVEMBER 1, 2024

When levered with debt, this can give us $500 million to nearly $1 billion of investing power even when, again, overall capital market conditions are not positive. In terms of leverage, our total debt is currently $17.1 times within our target leverage range of five times to 5.5

Assets 130

Assets Capital Funds Deal Flow 130

Pension Pulse

APRIL 25, 2024

Less than 20 per cent of the fund’s credit portfolio is being managed by third parties, according to Edgell, though the firm maintains strong relationships with some of the world’s largest alternative asset managers. Last time I spoke with him was at the beginning of the year when I went over private debt's next stress test.

Leveraged Buyouts 59

Leveraged Buyouts Buyout Pension Funds Mergers and Acquisitions 59

The Motley Fool

JUNE 7, 2024

At the end of the day, it's equity capital that's going to come in to rescue properties that have problems with their debt capital structure. We've got investor after investor after investor who owns great Multifamily properties that are cash flowing amazingly right now at negative one, negative 2% rent. They're servicing their debt.

Assets 130

Assets Asset Management Capital Companies 130

The Big Picture

JUNE 13, 2023

Mathieu Chabran is the co-founder of TIKEHAU Capital, a Paris-based alternative asset manager. They run over $40 billion worth of assets. I don’t know how relevant that is to asset management, but let’s talk a little bit about you were doing before you were being lauded by the French president.

Banks 59

Banks Asset Management Assets Capital 59

The Motley Fool

FEBRUARY 13, 2025

We held our team together throughout the downturn to be able to capture deal flow when markets returned and our investment sales team's efforts in the back half of 2024 were fantastic and set us up very well for 2025 and beyond. For the full year, our property sales team sold $9.8 billion of properties in the first half of the year.

Assets 130

Assets Asset Management Finance Financing 130

The Motley Fool

JULY 15, 2024

Our business tends to be seasonally stronger in the back half of the year, and we have line of sight into a broad global opportunity set of new asset management and technology mandates that should fuel premium organic growth. We ended the second quarter with record AUM of over 10.6 We're not transactional. RIA, a U.K.

Assets 130

Assets Liabilities Leveraging Asset Management 130

The Motley Fool

FEBRUARY 27, 2025

A big focus of mine has been to improve internal processes and restructure many aspects of our approach to asset management, leasing, property management, portfolio management, and development, which will best position the company to drive improved operational performance and to deliver long-term value creation.

Debt 130

Debt Assets Asset Management Leveraging 130

The Motley Fool

OCTOBER 31, 2024

These include the growth of direct lending, the increasing importance of alternatives in the wealth channel, a growing number of investment-grade companies looking for bespoke capital solutions like net lease, and the rising capital needs of alternative asset managers themselves. And this is intentional positioning. We raised $3.6

Capital 130

Capital Management Fees Securities and Exchange Commission (SEC) Assets 130

The Motley Fool

JULY 18, 2024

This data also alerts us to major paradigm shifts, which is essential for any top-performing asset manager. We're also providing equity and debt capital to other AI-related companies. In our own portfolio, we're now seeing more bidders show up to sales processes for single assets driving price improvement.

Assets 130

Assets Finance Financing Management Fees 130

Pension Pulse

MARCH 3, 2025

In September last year, after analysing performance and deal flow, Berg decided to switch to fund investing in Asia and Europe and to focus on buyouts in North America. One area we have been successful in the last 18 months is in refinancing debt in investee entities in PE and infra, which allows very immediate value creation.

Buyout 52

Buyout Pension Funds Investing Assets 52

The Motley Fool

JANUARY 25, 2024

public company by market cap, exceeding the market value of all other asset managers. You've got debt market spreads starting to come down a bit. And then we also have for the insurance clients and other clients, what we do in the CMBS market around liquid securities and real estate debt. And so that's a positive.

Management Fees 100

Management Fees Banks Capital Assets 100

The Big Picture

JANUARY 7, 2025

I was working directly with the CEO and president of both companies, but I realized that the biotech vertical was not my playing field for the long term, hence the NBA at Harvard to find another career path and, and that led me into asset management. When it comes to any asset management business, Barry, two things important.

Capital 52

Capital Hedge Funds Buyout Funds 52

The Motley Fool

NOVEMBER 1, 2024

Blended lease outs will be slightly negative and bad debt will be within the range of 75 to 85 basis points, in line with the full year. in lower interest rates on our floating rate debt. in lower interest rates on our floating rate debt. As of today, approximately 80% of our debt is fixed rate. This $0.01 Good morning.

Taxes 130

Taxes Debt Capital Assets 130

The Motley Fool

AUGUST 8, 2024

As shown on Slide 3, Q2 transaction volume was highlighted by debt brokerage of $3.9 And as property sales volumes pick up, it will benefit investment sales, debt placement, valuation services, investment banking, and our affordable housing business. billion, up 16% year over year.

Assets 130

Assets Finance Financing Debt 130

The Motley Fool

NOVEMBER 7, 2024

Due to increased deal flow and revenues, we grew diluted earnings per share 33% year over year to $0.85 The servicing and asset management revenues that these two businesses generate are wonderful sources of revenue and earnings in up cycles and also paramount in down cycles. We closed $11.6

Taxes 130

Taxes Assets Finance Financing 130

The Motley Fool

JANUARY 30, 2025

trillion of AUM today, the largest alternative asset manager in the world and why I believe we will continue to achieve strong growth in the future. This network effect sets Blackstone apart in the asset management area, underpins the strength of our brand, acts as an accelerant for the firm's overall growth.

Management Fees 130

Management Fees Assets Capital Funds 130