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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 in fiscal 2023.

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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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BlackRock (BLK) Q1 2024 Earnings Call Transcript

The Motley Fool

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.

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Transcript: David Layton

The Big Picture

We had a group that was doing small growth capital investments in Germany and Switzerland at that time, a fund doing secondaries. I was talking to one of our founders, he said, look, a lot of people think we’re in Zug for tax reasons. And the senior people were more specialized. It’s, like, where’s mom?

Assets 57
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BlackRock (BLK) Q2 2024 Earnings Call Transcript

The Motley Fool

billion was 8% higher year over year, driven by positive organic base fee growth and the impact of market movements on average AUM over the last 12 months. Higher performance fees and technology services revenue also contributed to revenue growth. Our as-adjusted tax rate for the second quarter was approximately 24%.

Assets 130