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. Its total private debt assets amount to $86bn.

Performance Fees 95

Performance Fees Bidding Debt Assets 95

The Motley Fool

OCTOBER 31, 2024

First, as of September 30, 2024, total net investments, that is our entire publicly traded investment portfolio plus cash minus debt, summed up to $30.3 So the management fee portion would be real-time, but the performance fee would be on a lag. As far as how are the funds performance this year holding up?

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

Pension Pulse

MAY 24, 2023

to resolve its debt ceiling debacle and is looking to raise liquidity to take advantage of “opportunities” the fund sees in equity and fixed-income markets. Management fees increased by $165 million, due to an increase in average assets managed by external fund managers. What percentage of Total Credit assets are in Private Debt?

Investing 52

Investing Stakes Pension Funds Assets 52

The Big Picture

JULY 4, 2023

Tell us a little bit about some of the work you do that’s more than just, “Hey, I found the right fund manager for EM distressed debt.” You have no performance fee and no line of sight to getting to one anytime soon, and you have AUM shrinking by virtue of the losses, as well as the fact that LPs are now rightly redeeming.

Hedge Funds 59

Hedge Funds Funds Banks Capital 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. When yields start looking attractive, people start paying attention to debt and other places to put their money. Raising capital has become a bit of a struggle.

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