Remove Consultants Remove Mergers and Acquisitions Remove Performance Fees
article thumbnail

Here's How Billionaires Buy Stocks

The Motley Fool

These services include cash and securities lending, risk management consulting, custody of assets (holding securities), and making introductions between clients and investors. A prime brokerage A prime brokerage is a group of services offered to ultra-high-net-worth individuals (UHNWI) or hedge funds.

article thumbnail

BlackRock (BLK) Q3 2024 Earnings Call Transcript

The Motley Fool

On October 1, we closed on our acquisition of Global Infrastructure Partners. The combination triples infrastructure AUM and doubles private markets run-rate management fees. Our planned acquisition of Preqin is accelerating this exciting private markets data and analytics journey for BlackRock and our clients.

Assets 130
article thumbnail

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