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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

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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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A Conversation With John Graham on CPP Investments Fiscal 2023 Results

Pension Pulse

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.

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Transcript: Mathieu Chabran

The Big Picture

The exposure you get in investment banking, I was a leveraged finance banker by background. Private equity at the time was only about buyout and LBO. CHABRAN: Maybe because I come from a leverage finance background, as I told you, I tend always to focus on the downside. I think it was a great training. I think we learned a lot.

Banks 59
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Transcript: David Layton

The Big Picture

They’re the largest listed buyout firm in Europe. He is the chief executive officer of the Partners Group, which is Europe’s biggest listed private equity and buyout firm, with a market cap of about $25 billion. Leverage levels have come down materially. LAYTON: Leverage levels have changed. in Colorado.

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Blackstone (BX) Q4 2023 Earnings Call Transcript

The Motley Fool

BXPE will leverage the firm's full breadth of investment capabilities in private equity, including buyout, secondaries, tactical opportunities, life sciences growth, and other opportunistic strategies. So how is it possible to generate positive comp ratio leverage when revenues are down.