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Here's How Billionaires Buy Stocks

The Motley Fool

A prime brokerage A prime brokerage is a group of services offered to ultra-high-net-worth individuals (UHNWI) or hedge funds. These are called private placements, and most of the time, the shares are sold to investment banks or hedge funds.

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How to value illiquid investments

Private Equity Wire

PARTNER CONTENT By Muhammad Akram, CPA Founder, Akram | Assurance, Advisory & Tax Firm Why fair value is so important Fair value impacts net assets/partners’ capital, potentially overstating performance and overcharging management and performance fees.

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BlackRock (BLK) Q3 2024 Earnings Call Transcript

The Motley Fool

We expect these private market assets to positively impact BlackRock's overall effective fee rate by 0.5 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.

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Transcript: Dominique Mielle

The Big Picture

She is an author and former hedge fund trader, specializing in distressed assets. Her book, “Damsel in Distressed: My Life in the Golden Age of Hedge Funds”, is really a fascinating read. It’s very witty and charming, and revealing about an industry in a way that most books on hedge funds simply are not.

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BlackRock (BLK) Q1 2024 Earnings Call Transcript

The Motley Fool

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.

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1 Brilliant Way You Can Beat the Stock Market Experts in 2025 and Beyond

The Motley Fool

For example, more sophisticated hedge funds typically charge a flat management fee of 2%, coupled with a performance fee that takes 20% of annual profits. It's not difficult to realize that over time, a large chunk of client capital in these funds gets eaten up by fees.

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BlackRock (BLK) Q4 2024 Earnings Call Transcript

The Motley Fool

billion was 23% higher year over year, driven by the impact of higher markets on average AUM and higher performance fees. This is evidenced by this quarter's fee rate increase primarily reflecting the onboarding of higher fee rate private market assets following the GIP closing. Operating income of 8.1 increased 15%.

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