The Big Picture

JULY 4, 2023

Tell us a little bit about some of the work you do that’s more than just, “Hey, I found the right fund manager for EM distressed debt.” You have no performance fee and no line of sight to getting to one anytime soon, and you have AUM shrinking by virtue of the losses, as well as the fact that LPs are now rightly redeeming.

Hedge Funds 58

Hedge Funds Funds Banks Capital 58

The Big Picture

JUNE 13, 2023

The exposure you get in investment banking, I was a leveraged finance banker by background. Private debt, private credit was unheard of in Europe until the banks effectively went into this massive liquidity squeeze and all those asset managers had to step in and fill this void. I think it was a great training. I think we learned a lot.

Banks 58

Banks Asset Management Assets Capital 58

Pension Pulse

AUGUST 17, 2023

per cent, with the help of recovering bond markets as interest rates rose and additional contributions from corporate credit and emerging country sovereign debt. of its benchmark index with a performance stimulated by credit activities, notably the performance of corporate credit and emerging country sovereign debt.

Pension Funds 52

Pension Funds Assets Debt Finance 52

Pension Pulse

SEPTEMBER 4, 2024

billion), including debt and capital expenditure for committed projects. The firm, which has been in debt-financing talks with banks, emerged as the buyer after competing with a consortium that included DigitalBridge Group Inc., The deal triggers a large performance fee for ASX-listed Macquarie Group, which manages the fund.

Investing 59

Investing Asset Management Stakes Assets 59

The Motley Fool

JULY 15, 2024

billion was 8% higher year over year, driven by positive organic base fee growth and the impact of market movements on average AUM over the last 12 months. Higher performance fees and technology services revenue also contributed to revenue growth. Our annualized effective fee rate was flat compared to the first quarter.

Assets 130

Assets Leveraging Liabilities Asset Management 130

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 Big Picture

MARCH 27, 2023

And anything above the par value of the total debt on the capital structure belongs to the equity guys. So let’s get long this debt, which is trading at a fraction of what it was issued for. And it can be very complicated like Puerto Rico that had 19 different debt issues by different entities with different terms.

Hedge Funds 113

Hedge Funds Funds Assets Finance 113

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. billion, including the assumption of debt.

Investing 59

Investing Pension Funds Stakes Assets 59

The Motley Fool

JANUARY 12, 2024

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

Assets Shareholders Capital Asset Management 130

Pension Pulse

MAY 24, 2023

to resolve its debt ceiling debacle and is looking to raise liquidity to take advantage of “opportunities” the fund sees in equity and fixed-income markets. Management fees increased by $165 million, due to an increase in average assets managed by external fund managers. What percentage of Total Credit assets are in Private Debt?

Investing 52

Investing Stakes Pension Funds Assets 52

The Big Picture

FEBRUARY 28, 2023

You know, when the firm launched its debt business, I was the analyst putting together some of the credit analysis on the first couple of loans that we had written at that time. Leverage levels have come down materially. LAYTON: Leverage levels have changed. That has changed. You guys seem to be very long term.

Assets 58

Assets Due Diligence Private Equity Firms Private Equity Firms 58

The Motley Fool

JANUARY 25, 2024

BXPE will leverage the firm's full breadth of investment capabilities in private equity, including buyout, secondaries, tactical opportunities, life sciences growth, and other opportunistic strategies. You've got debt market spreads starting to come down a bit. BCRED had its best month since May 2022, raising $1.1

Management Fees 100

Management Fees Banks Capital Assets 100

The Motley Fool

OCTOBER 29, 2024

We have funded our growth with our operating businesses, balance sheet, and a little bit of high-yield debt. Michael, as the third quarter went through, I believe we typically get some annual performance fees that hit in Q4. I mean, some indications that consumers are a little over leveraged and struggling.

Capital 130

Capital Asset Management Assets Performance Fees 130

The Motley Fool

JULY 18, 2024

We're also providing equity and debt capital to other AI-related companies. billion financing package, the largest debt financing in our history, and we're now focusing on addressing the sector's power needs in many differentiated ways. We've raised now a little over $5 billion for our latest real estate debt fund.

Assets 130

Assets Finance Financing Capital 130