The Motley Fool

JULY 28, 2023

I know you had highlighted difficult comp on performance fees in the quarter. Greg Case -- Chief Executive Officer It's literally as simple as you almost listen to the investment bank calls, we can talk to the CEOs of those institutions. Weston Bloomer -- UBS -- Analyst Great, thank you. Is that the right way to put it?

Capital 100

Capital Business Services Debt Liabilities 100

The Motley Fool

APRIL 18, 2024

We've also established numerous origination relationships as well as bank partnerships, most recently with Barclays and KeyBank in areas like consumer credit card receivables, fund finance, home improvement, and infrastructure credit, and we plan to add more. We'll go next to Craig Siegenthaler with Bank of America.

Assets 130

Assets Debt Banks Capital 130

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 Big Picture

JUNE 13, 2023

You went to school in Paris, but you began your career in London at Merrill and Deutsche Bank. So that was a while back, but nonetheless, I don’t know if it was love at first sight, but we got to get along pretty well, and after a few years working for investment banks, he then joined Goldman Sachs. We were 28, 30 respectively.

Banks 59

Banks Asset Management Assets Capital 59

The Big Picture

MARCH 27, 2023

I wanted to see the world, and whether it was investment banking, or basket weaving really had absolutely no bearing on my decision. What about what happened with a lot of banks during the financial crisis? I wanted a job that would take me away from Paris. MIELLE: Lots of cursing.

Hedge Funds 114

Hedge Funds Funds Assets Financing 114

Pension Pulse

MARCH 19, 2024

Redwood stands to earn administrative and potential performance fees. The financing facility has a two-year term with a one-year extension option and is designed with revolving capacity to facilitate the growth of Redwood's mortgage banking platforms. residential mortgage assets with Redwood.

Investing 59

Investing Performance Fees Financing Finance 59

Pension Pulse

AUGUST 17, 2023

Vincent Delisle, head of liquid markets at the Caisse, said there is still uncertainty when it comes to what central banks will do in terms of setting interest rates, the fund’s large fixed-income portfolio positions the pension manager well. We expect to see signs where bank ending in the US impacts job growth and consumer spending.

Pension Funds 52

Pension Funds Assets Debt Financing 52

Pension Pulse

SEPTEMBER 4, 2024

The firm, which has been in debt-financing talks with banks, emerged as the buyer after competing with a consortium that included DigitalBridge Group Inc., 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.

Investing 59

Investing Asset Management Stakes Assets 59

The Motley Fool

APRIL 12, 2024

Total annualized organic base fee growth of 1% reflected seasonally softer flows earlier in the quarter before coming back to target in March. billion increased 11% year over year, driven by the impact of market appreciation over the last 12 months on average AUM and higher performance fees and technology services revenue.

Performance Fees 130

Performance Fees Assets Shareholders Leveraging 130

Pension Pulse

MAY 24, 2023

In an interview, Graham said the fund’s diversification by geography and asset class helped during what was a volatile year, with renewables and some credit portfolios performing well despite challenges in sectors such as real estate and retail. CPP Investments’ booked a 0.8-per-cent Our operating expense ratio was 28.6

Investing 52

Investing Stakes Pension Funds Assets 52

Pension Pulse

MAY 22, 2024

billion of net income, CPP Investments directly and indirectly incurred $1,617 million of operating expenses, $1,449 million in investment management fees and $2,067 million in performance fees paid to external managers, as well as $427 million of transaction-related expenses. To generate $46.4 bps and below the 28.6

Investing 59

Investing Pension Funds Stakes Assets 59

The Motley Fool

JANUARY 12, 2024

billion was 7% higher year over year, driven by the impact of higher markets on average AUM and higher performance fees. Fourth quarter and full year performance fees of 311 million and 554 million, respectively, increased from a year ago, reflecting higher revenue from liquid alternatives and long-only mandates.

Assets 130

Assets Shareholders Asset Management Capital 130

The Big Picture

FEBRUARY 28, 2023

I was actually running the Investment Banking Club at BYU, and you know, thought I was interested in that, interested in going to Wall Street. Tell us a little bit about the corporate culture which is decidedly different than the typical Wall Street bank. I just signed a whole bunch of bank docs through DocuSign on my laptop.

Assets 59

Assets Due Diligence Private Equity Firms Private Equity Firms 59

The Motley Fool

OCTOBER 31, 2023

Blackstone is in the business of investing capital, and earning management and performance fees on that invested capital. But for whatever reason, my very first car that I dug out of a snow bank when I was 13 years old was a 1967 Porsche 911 S. Raising capital has become a bit of a struggle.

Depreciation 130

Depreciation Bidding Capital Companies 130

The Motley Fool

JANUARY 15, 2025

Excluding the prior year's net investment securities losses, it was up 21%, largely on higher asset management fees and investment banking fees. In banking and wealth management, revenue was down 7% year on year on deposit margin compression and lower deposits, partially offset by growth in wealth management revenue.

Banks 243

Banks Investment Banks Investment Banking Capital 243

The Motley Fool

FEBRUARY 4, 2025

Operator David Barden, Bank of America, is next. Is that revenue largely recurring, or were there one-time delivery or performance fees lumped in there? And in fact, we have more enterprise growth capacity that we've ever had before with these innovations. David Barden -- Analyst Hey, guys. Appreciate it.

Debt 130

Debt Assets Leveraging Shareholders 130

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.

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. 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%.

Assets 130

Assets Shareholders Capital Asset Management 130

The Motley Fool

JANUARY 25, 2024

Stepping back, over the last two years, the campaign by central banks to control inflation has resulted in muted returns for most traditional asset classes. Operator instructions] We'll go first to Craig Siegenthaler with Bank of America. Craig Siegenthaler -- Bank of America Merrill Lynch -- Analyst Thanks. Operator Thank you.

Management Fees 100

Management Fees Banks Capital Assets 100

The Motley Fool

OCTOBER 29, 2024

As banks pull back, we win. But if you look at where we are today, we are -- I think we're a top three mortgage bank, nonbank mortgage originator, and servicer in the U.S. We acquired this company from Goldman's Merchant Bank, I believe, in '22. Genesis had a record quarter, and we cannot be more thrilled with that platform.

Capital 130

Capital Asset Management Assets Performance Fees 130

The Motley Fool

JULY 18, 2024

Questions & Answers: Operator [Operator instructions] We'll go first to Craig Siegenthaler with Bank of America. Glenn Schorr -- Analyst Curious if we get a little update on bank partnerships and asset-backed finance? We have partnerships, flow agreements with banks. We'll go next to Brian Bedell with Deutsche Bank.

Assets 130

Assets Financing Finance Management Fees 130

The Motley Fool

JANUARY 30, 2025

Operator We'll take our next question from Craig Siegenthaler with Bank of America. Operator We'll take our next question from Brian Bedell with Deutsche Bank. Just you're highly likely to get back to solid double-digit base fee growth, not even considering FRPR. Dan Fannon -- Analyst Thank you. Hope you are both doing well.

Management Fees 130

Management Fees Assets Capital Funds 130