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UK ups tax on PE ‘carried interest’ to 32%

Private Equity Wire

The UK is to raise taxes on performance fees, or “carried interest,” for private equity fund managers from 28% to 32%, effective April 2025 — a smaller increase than many in the industry had anticipated, according to a report by Reuters.

Taxes 95
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Here's How Billionaires Buy Stocks

The Motley Fool

These offices can be set up for a specific family and handle their finances exclusively, or cater to multiple high-net-worth families. These services include cash and securities lending, risk management consulting, custody of assets (holding securities), and making introductions between clients and investors.

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How to value illiquid investments

Private Equity Wire

PARTNER CONTENT By Muhammad Akram, CPA Founder, Akram | Assurance, Advisory & Tax Firm Why fair value is so important Fair value impacts net assets/partners’ capital, potentially overstating performance and overcharging management and performance fees. Update calibrated inputs to reflect changes since the transaction.

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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
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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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CDPQ's Head of Liquid Markets Discusses Mid-Year Results

Pension Pulse

In the first half of 2023, higher financing costs hurt the Caisse’s private-equity portfolio, which posted a return of 1.4 In the short term, the portfolio was constrained by higher financing costs, which influenced the performance of certain private companies,” the pension fund said. per cent, far below its benchmark of 7.2

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Transcript: Ilana Weinstein

The Big Picture

You go from Goldman Sachs to Harvard Business School to the Boston Consulting Group. was like getting my post MBA not so much that I wanted to be a consultant but I wanted to learn about different industries and different types of problems. RITHOLTZ: So what led you to the talent side of finance? RITHOLTZ: Finance in general.