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BlackRock (BLK) Q3 2024 Earnings Call Transcript

The Motley Fool

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. Last month, we were selected as a fiduciary manager for a $30 billion Dutch pension fund with more than 30,000 members.

Assets 130
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Are Pension Funds Fiddling With Another CLO Time Bomb?

Pension Pulse

Laura Benitez and Nishant Kumar of Bloomberg report hedge funds draw pension money to riskiest corner of a $1.3 Pension plans and insurers have been piling into funds that invest in equity tranches of collateralized loan obligations in recent months, according to several asset managers who spoke on the condition of anonymity.

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On Why BlackRock Wants To Be Blackstone Again With a Twist of Crypto

Pension Pulse

Marrying the proprietary origination and business improvement capabilities of GIP and BlackRock’s global corporate and sovereign relationships provides a platform for diversified, large-scale sourcing to support deal flow and co-investment opportunities for clients.

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Transcript: Mathieu Chabran

The Big Picture

And whilst we were dealing with the same counterparty, the same pension fund, some of their constituents, some of the underlying boards, disagree on the approach to take there. Some of our LPs are very often made up of different boards, some teachers, firemen, policeman, you know, employees, public servants employees.

Banks 59
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Transcript: Ken Kencel

The Big Picture

And so, that was a big event for us because all of those private equity relationships, as a limited partner, are fantastic drivers of knowledge and relationships and deal flow to finance those deals with those private equity firms. RITHOLTZ: I was about to say that sounds like it’s really good for deal flow.

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BlackRock (BLK) Q1 2024 Earnings Call Transcript

The Motley Fool

BlackRock's infrastructure franchise and our private markets business more broadly benefited from the firm's global footprint, our deep network of clients and distribution relationships, and access to high-quality deal flow. Operator Thank you.