The Motley Fool

JULY 14, 2023

Our as-adjusted tax rate for the second quarter was approximately 25%. We continue to estimate that 25% is a reasonable projected tax run rate for the remainder of 2023. The actual effective tax rate may differ because of nonrecurring or discrete items, or potential changes in tax legislation.

Asset Management 130

Asset Management Assets Banks Debt 130

Pension Pulse

MARCH 19, 2024

Emilio Ghigini of Investing.com reports Redwood Trust and CPP Investments form $750M capital partnership: Redwood Trust, Inc. NYSE: NYSE: RWT ), a company specializing in housing credit, and Canada Pension Plan Investment Board (CPP Investments), announced a strategic capital partnership valued at $750 million.

Investing 59

Investing Performance Fees Finance Financing 59

The Motley Fool

JULY 28, 2023

And united, delivered by our colleagues gives us the ability to meet this demand and balance across our portfolio, capitalizing on innovation and momentum and investing to meet demand. There's now almost universal agreement, the client demand to address risk in human capital has never been greater. Turning to financial performance.

Capital 100

Capital Business Services Debt Liabilities 100

The Motley Fool

JULY 31, 2024

Excluding a nonrecurring, nonincome tax refund in the prior-year quarter, free cash flow was up approximately 25%. I was wondering if you could comment on current BetterHelp tax as we are in the third quarter. Operator The next question today comes from Sean Dodge with RBC Capital Markets. Second quarter free cash flow was $60.9

Leveraging 130

Leveraging Taxes Returns Shareholders 130

Pension Pulse

MAY 22, 2024

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

Investing 59

Investing Pension Funds Stakes Assets 59

The Big Picture

OCTOBER 17, 2023

And they also have a unique approach to feeds when they’re generating alpha, when they’re outperforming their benchmark, they take a performance fee. And when they’re not generating alpha, when they’re underperforming, they actually return fees. That’s a function of the capitalism.

Investing 52

Investing Capital Shareholders Returns 52

Pension Pulse

MAY 24, 2023

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.

Investing 52

Investing Stakes Pension Funds Assets 52

The Big Picture

MARCH 27, 2023

She was a partner and a portfolio manager at Canyon Capital, a firm that runs currently about $25 billion. So it was a starting industry, very much sort of a venture capital type of business. And anything above the par value of the total debt on the capital structure belongs to the equity guys. RITHOLTZ: Right. MIELLE: Right.

Hedge Funds 114

Hedge Funds Funds Assets Finance 114

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

The Motley Fool

JANUARY 12, 2024

Growing public deficits, a modernizing digital world, advancing energy independence, and the energy transition are driving the mobilization of private capital to fund critical infrastructure. In a higher rate environment, the ability to drive operational enhancements will be critical to investment performance. Operating income of 6.6

Assets 130

Assets Shareholders Asset Management Capital 130

The Big Picture

FEBRUARY 28, 2023

I found David Layton, CEO of the firm, to be very thoughtful and very much different in how he thinks about risk-reward liquidity, various market sectors, processes, just the whole gestalt of we are a steward of capital with our clients, and we are aligned with those clients. It was really a fascinating conversation. Set up a shop over there.

Assets 59

Assets Due Diligence Private Equity Firms Private Equity Firms 59

The Motley Fool

FEBRUARY 4, 2025

We're closely monitoring customer demand signals, and we'll continue to make important capital investments in key major metros to capture this traffic growth. And lastly, capital expenditures were $915 million. Moving to capital spending and our other outlook metrics. Special items impacting EBITDA totaled $132 million.

Debt 130

Debt Assets Leveraging Shareholders 130

The Motley Fool

JULY 15, 2024

trillion units of trusts, BlackRock's platform is becoming the premier long-term capital partner across public and private markets. We're connecting investors, corporates, and the public sector to the power of the capital markets. Higher performance fees and technology services revenue also contributed to revenue growth.

Assets 130

Assets Liabilities Leveraging Asset Management 130

The Motley Fool

JANUARY 15, 2025

Onto balance sheet and capital on Page 4. We ended the quarter with a CET1 ratio of 15.7%, up 40 basis points versus the prior quarter as net income and lower RWA were largely offset by both OCI losses and capital distributions, which included $4 billion of net common share repurchases this quarter. billion, with pre-tax margin of 35%.

Banks 243

Banks Investment Banks Investment Banking Capital 243

The Motley Fool

JANUARY 15, 2025

billion was 23% higher year over year, driven by the impact of higher markets on average AUM and higher performance fees. EPS also reflected a lower tax rate partially offset by lower nonoperating income and a higher share count in the current quarter. Fourth-quarter base fees and securities lending revenue of 4.4

Assets 130

Assets Shareholders Capital Asset Management 130

The Motley Fool

OCTOBER 29, 2024

Rithm Capital (NYSE: RITM) Q3 2024 Earnings Call Oct 29, 2024 , 8:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day, and welcome to the Rithm Capital third quarter 2024 earnings conference call. billion of permanent capital in the public markets. We have $7.8

Capital 130

Capital Asset Management Assets Performance Fees 130

Private Equity Wire

JUNE 14, 2024

The world’s largest private capital firms have sidestepped income taxes on more than $1tn in incentive fees since 2000 by structuring payments to incur lower levies, according to a report by the Financial Times citing new research from Oxford University.

Taxes 74

Taxes Capital Buyout Performance Fees 74

The Motley Fool

JULY 18, 2024

Current expectations are that there will be approximately $1 trillion of capital expenditures in the United States over the next five years to build and facilitate new data centers with another $1 trillion of capital expenditures outside the United States. We're also providing equity and debt capital to other AI-related companies.

Assets 130

Assets Finance Financing Management Fees 130