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BlackRock revamps private credit business

Private Equity Wire

Caron, currently leads the European middle-market private debt division. As part of the overhaul, 20-year veteran Jim Keenan, BlackRock’s Global Head of Private Debt, will be leaving the company next year, along with Raj Vig, Co-Head of US Private Capital. Its total private debt assets amount to $86bn.

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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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BlackRock (BLK) Q2 2023 Earnings Call Transcript

The Motley Fool

The adjustments exclude the compensation expense impact of mark-to-market volatility associated with certain deferred cash compensation plans and the nonoperating impact of an economic hedge, which the company began in 2023. On an equivalent day count basis, our annualized effective fee rate was 0.2 trillion in assets, 9.4

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Blackstone (BX) Q1 2024 Earnings Call Transcript

The Motley Fool

data center REIT as a well-positioned but poorly trading public company with tremendous long-term potential. Our BREIT, BIP Infrastructure, and BPP perpetual strategies acquired the company for $10 billion in 2021, and its lease capacity has already grown sixfold in less than three years. We identified QTS, the fifth largest U.S.

Assets 130
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Markel Group (MKL) Q3 2024 Earnings Call Transcript

The Motley Fool

First, as of September 30, 2024, total net investments, that is our entire publicly traded investment portfolio plus cash minus debt, summed up to $30.3 So the management fee portion would be real-time, but the performance fee would be on a lag. As far as how are the funds performance this year holding up?

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BlackRock (BLK) Q4 2023 Earnings Call Transcript

The Motley Fool

With a strong common culture of serving clients with excellence, together, we will deliver for our clients a holistic global infrastructure manager across equity, debt, and solutions. BlackRock has developed a broad network of global corporate relationships through many years of long-term investments in both debt and equity.

Assets 130
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BlackRock (BLK) Q3 2024 Earnings Call Transcript

The Motley Fool

We expect these private market assets to positively impact BlackRock's overall effective fee rate by 0.5 Performance fees of $388 million increased significantly from a year ago, primarily reflecting strong alpha generation over the last 12 months from a hedge fund with an annual lock in the third quarter. to 1 full basis point.

Assets 130