Private Equity Wire

SEPTEMBER 17, 2024

BlackRock Inc, the world’s largest asset manager, is restructuring its private credit division in a bid to close the gap with rivals in the rapidly expanding market, with the establishment of a new division Global Direct Lending led by Stephen Caron, according to a repot by Bloomberg. of the firm’s total assets, generated 6.4%

Performance Fees 95

Performance Fees Bidding Debt Assets 95

The Motley Fool

OCTOBER 31, 2024

We think given our valuation, capital position, and capital allocation alternatives, that repurchasing shares makes sense, and as such we are doing so. We also work to continue to improve our financial performance while building the capital it takes to help our customers when they need it most. in outstanding shares.

Liabilities 130

Liabilities Performance Fees Capital Portfolios 130

Pension Pulse

SEPTEMBER 4, 2024

Blackstone and CPP Investments beat out a consortium led by IFM Investors which also bid for AirTrunk, Reuters reported on Aug. billion), including debt and capital expenditure for committed projects. billion), including debt and capital expenditure for committed projects. and PSP Investments, according to a statement Wednesday.

Investing 59

Investing Asset Management Stakes Assets 59

The Big Picture

JULY 4, 2023

And I just thought that was like, that was a very cool, unique set of skills that she embodied and was able to capitalize upon. And so I ended up joining a large search firm because I just, I felt I’d learned more about the different types of issues that were out there and how they get solved through human capital.

Hedge Funds 59

Hedge Funds Funds Banks Capital 59

Pension Pulse

MAY 24, 2023

Management fees increased by $165 million, due to an increase in average assets managed by external fund managers. Performance fees decreased by $621 million driven by fewer realization events in the private equity portfolio given the low transaction activity through the year, partially offset by strong performance of hedge funds.

Investing 52

Investing Stakes Pension Funds Assets 52

The Motley Fool

OCTOBER 31, 2023

The cost of capital is higher. They can always raise equity if they want and get access to the capital markets. They did talk about that, the call, they tightened their capital expenditures. Blackstone is in the business of investing capital, and earning management and performance fees on that invested capital.

Depreciation 130

Depreciation Bidding Capital Companies 130

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