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Tough fundraising environment sees PE management fees drop to record low

Private Equity Wire

Management fees for private equity buyout funds have fallen to their lowest level since tracking began in 2005, as fund managers face increasing pressure to attract investors in a challenging fundraising landscape, according to a report by the Financial Times. Another factor influencing lower fees is the growth in fund size.

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Blackstone and CPP Investments Acquire AirTrunk From Macquarie and PSP Investments

Pension Pulse

billion, the deal is the largest buyout in Australia this year and one of the biggest in recent history. 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. Mr Khuda, Blackstone and AirTrunk declined to comment.

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CPP Investments' CEO Discusses Fiscal Year 2024 Results

Pension Pulse

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