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BlackRock (BLK) Q3 2024 Earnings Call Transcript

The Motley Fool

Meade -- General Counsel and Chief Legal Officer Good morning, everyone. On October 1, we closed on our acquisition of Global Infrastructure Partners. The combination triples infrastructure AUM and doubles private markets run-rate management fees. Kapito, and General Counsel Christopher J. Operator instructions] Thank you.

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A Conversation With John Graham on CPP Investments Fiscal 2023 Results

Pension Pulse

Management fees increased by $165 million, due to an increase in average assets managed by external fund managers. Performance fees decreased by $621 million driven by fewer realization events in the private equity portfolio given the low transaction activity through the year, partially offset by strong performance of hedge funds.