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BlackRock revamps private credit business

Private Equity Wire

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%

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BlackRock (BLK) Q1 2024 Earnings Call Transcript

The Motley Fool

In the first quarter, BlackRock generated long-term net inflows of $76 billion, partially offset by seasonal outflows from institutional money market funds. Total annualized organic base fee growth of 1% reflected seasonally softer flows earlier in the quarter before coming back to target in March. First quarter revenue of $4.7

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Blackstone and CPP Investments Acquire AirTrunk From Macquarie and PSP Investments

Pension Pulse

The deal on behalf of funds managed by Blackstone Real Estate Partners, Blackstone Infrastructure Partners, Blackstone Tactical Opportunities, and Blackstone’s private equity strategy for individual investors, represents Blackstone’s largest investment in the Asia Pacific region. Mr Khuda, Blackstone and AirTrunk declined to comment.

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Markel Group (MKL) Q3 2024 Earnings Call Transcript

The Motley Fool

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. We also continue to differentiate ourselves within the funding market with our ability to facilitate and place complex and unique transactions. Is that a good way to think about it?

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Transcript: Ilana Weinstein

The Big Picture

 The transcript from this week’s, MiB: Ilana Weinstein Discusses the Hedge Fund War for Talent , is below. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ Ilana Weinstein on the War for Talent at Hedge Funds (Podcast) ANNOUNCER: This is Masters in Business with Barry Ritholtz on Bloomberg Radio.

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A Conversation With John Graham on CPP Investments Fiscal 2023 Results

Pension Pulse

per cent for the fiscal year ended March 31, ending the year with net fund assets of $570 billion compared to $539 billion a year earlier. The CPP fund has a 10-year net return of 10 per cent. Since its inception in 1999, CPPIB has contributed $386 billion in cumulative net income to the fund. per cent return; it earned 6.8

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Netflix Flexes Its Pricing Muscle

The Motley Fool

Core funds from operations, a cash flow metric for rates of 14.6% Blackstone is in the business of investing capital, and earning management and performance fees on that invested capital. When a really valuable car sales, I still, I get shivers thinking about sometimes millions of dollars being bid on a car.