Remove Fee Structure Remove Financial Services Remove Management Fees
article thumbnail

Lennar (LEN) Q4 2024 Earnings Call Transcript

The Motley Fool

Millrose will be externally managed by a subsidiary of Kennedy Lewis Investments and Institutional alternative investment firm with approximately $17 billion in AUM and extensive experience with both Lennar and with the land and land development business for home builders. Our SG&A percentage should be in the range of 8.7%

Assets 214
article thumbnail

Transcript: Ilana Weinstein

The Big Picture

Their mainstay financial services practice, which was banking and equities, fell off a cliff. But back to compensation, the founder has to be clear on what the P&L is of the fund and how he uses the management fee to the extent that there isn’t a clear formula in terms of how you’re paid. RITHOLTZ: Right.