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Tough fundraising environment sees PE management fees drop to record low

Private Equity Wire

According to data from industry expert Preqin, the average management fee for buyout funds that closed or were still raising capital as of June 2024 dropped to 1.74% of investors’ committed capital, down from the previous low of 1.85% in 2023. of fund profits over the last 20 years after a minimum return threshold for investors is met.

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Transcript: David Layton

The Big Picture

. ~~~ BARRY RITHOLTZ, HOST, MASTERS IN BUSINESS: This week on the podcast, another extra special guest from the world of private markets, the Partners Group is probably the largest private equity firm you’ve never heard of, perhaps because they were originally headquartered in Zug, Switzerland. in Colorado.

Assets 59
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Blackstone (BX) Q1 2024 Earnings Call Transcript

The Motley Fool

The firm itself could not be in a stronger position with minimal net debt and no insurance liabilities, allowing us to distribute $4.7 Borrowing spreads have tightened significantly and the availability of debt capital has increased significantly. Turning to the second key development, our expansion in private equity credit.

Assets 130
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A Conversation With John Graham on CPP Investments Fiscal 2023 Results

Pension Pulse

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. Our operating expense ratio was 28.6 Is it still 80%?

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Blackstone (BX) Q2 2024 Earnings Call Transcript

The Motley Fool

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. The private credit strategy has generated a gross return of 4.2% billion of a $7.5

Assets 130
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Blackstone (BX) Q4 2023 Earnings Call Transcript

The Motley Fool

You've got debt market spreads starting to come down a bit. You've got an equity market that has rallied. There are lots of companies out there who would like to sell things, private equity firms, in particular. We do earn different tiers of fees across most of those assets.