This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
year-over-year increase in its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) to nearly $1.9 NextEra Energy Partners benefited from the increased income earned by new projects added to the portfolio and a reduction in managementfees from its parent, NextEra Energy. It delivered a robust 13.6%
Not wanting to be left out in the cold, some of the world's most successful hedge fund billionaires have been sharpening their pencils, pouring over the prospects of rebounding growth stocks, and looking to profit from the recovery. billion in assets under management. million shares, an increase of 247%. Don't take my word for it.
We've also continued to produce positive results for our asset management business. We also benefited from significant fair value appreciation and the value of our External Investment Manager due to a combination of the continued increase in fee income, growth in assets under management, and broader market-based drivers.
He also said that the hospital operator's EBITDARM (earnings before interest, taxes, depreciation, amortization, rental costs, and managementfees) has risen on a year-over-year basis thanks to higher admission volumes and reimbursement rates from Medi-Cal as well as lower supply costs.
for the full year, strong levels of NII per share and DNII per share to fund our record level of annual shareholder dividends, and a new record for NAV per share for the 10th consecutive quarter. We've also continued to produce favorable results in our asset management business. for the quarter.
For example, Steward reported facility-level earnings before interest, taxes, depreciation, amortization, rent, and managementfees (EBITDARM) coverage of 2.7x Medical Properties Trust CEO Ed Aldag noted in the Q3 call that the REIT now has a payout ratio of below 60%, based on near-term adjusted funds from operations.
During the quarter, we supported three lower middle market portfolio companies in completing strategic acquisitions, each of which were funded by follow-on debt investments by Main Street for a total of $52 million of incremental debt investments in these portfolio companies.
Also, please note that nothing on this call constitutes an offer to sell or a solicitation of an offer to purchase an interest in any Blackstone fund. In terms of future harvesting, the third quarter marked the highest amount of overall funddepreciation in three years. Distributable earnings were $1.3 billion or $1.01
Each of which were funded by follow-on debt investments by Main Street for a total of over $36 million of incremental debt investments in these portfolio companies. We've also continued to produce positive results in our asset management business. Both of which would become effective upon a listing of the fund's shares.
We've also continued to produce attractive returns on our asset management business. The funds we manage through our external investment manager continued to experience favorable performance in the second quarter. We look forward to sharing additional details and updates on the new fund on our next conference call.
Bitcoin ETPs also benefit from this, offset by the managementfees that are charged for those products. So, there would be definitely a premium, but it would be the difference between the leverage and the yield of bitcoin or the depreciated bitcoin on a small amount of money on a $1 billion. billion of capital.
And our only contemplated use of the revolver at this time is to fund the Jackson build development buildings. As noted in the release, we have funded 87% of the $23.9 The revolver is our only debt that is not hedged or fixed. Based on the first half results, we once again affirmed our core FFO guidance for the year.
The following is provided by Dimensional Fund Advisors. A study of 24 momentum equity funds shows that a majority have underperformed their Morningstar Category Index after fees and expenses despite, in many cases, benefiting from strong realized momentum premiums. Some see its outsize historical premium, 9.1% Object in Motion.
But you mentioned their equities trading, which was really strong, their investment banking fee growth, which was 29% year over year, which came from a very low bar, but now more companies are going public, more M&A activities happening, and the banks are a big beneficiary of that. People were overpaying for a depreciating asset.
The following is provided by Dimensional Fund Advisors. Investor adoption in fixed income has lagged, at least when measured by the assets under management (AUM) in mutual funds and ETFs. trillion in equity fund AUM1 was categorized as strategic beta by Morningstar. billion of fixed income funds had the same designation.
The following is provided by Dimensional Fund Advisors. Central government debt from International Monetary Fund (2021). Central government debt from International Monetary Fund (2021). Using data from International Monetary Fund (2021). International Monetary Fund. Source: International Monetary Fund (2021).
The following is provided by Dimensional Fund Advisors. 4Central government debt from International Monetary Fund (2021). 6Central government debt from International Monetary Fund (2021). 7Using data from International Monetary Fund (2021). International Monetary Fund. Source: International Monetary Fund (2021).
PGIM, our global investment manager, had lower other related revenues driven by lower incentive fees and agency income, and higher expenses. This was partially offset by higher asset managementfees, including the benefits from our acquisition of Deerpath Capital and of launching Prismic. Results of our U.S.
On some assets, we’ve already reduced the value significantly over the past few years (such as shopping centres and offices), so I believe most of the depreciation linked to structural changes is behind us.” The total portfolio’s six-month, five-year and ten-year returns represent the weighted average of these funds. per cent. “In
per cent for the fiscal year ended March 31, ending the year with net fund assets of $570 billion compared to $539 billion a year earlier. The CPP fund has a 10-year net return of 10 per cent. Since its inception in 1999, CPPIB has contributed $386 billion in cumulative net income to the fund. per cent return; it earned 6.8
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content