Remove Leveraging Remove Pension Funds Remove Performance Fees
article thumbnail

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.

Assets 130
article thumbnail

BlackRock (BLK) Q2 2023 Earnings Call Transcript

The Motley Fool

On an equivalent day count basis, our annualized effective fee rate was 0.2 Performance fees of 118 million increased from a year ago, primarily reflecting higher revenue from illiquid alternatives. government money market funds. BlackRock's institutional franchise generated 5 billion of net inflows in the second quarter.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Blackstone (BX) Q1 2024 Earnings Call Transcript

The Motley Fool

And now we've transitioned to addressing the sector's growing power needs, leveraging our sizable energy infrastructure platform, which includes the largest private renewables developer in North America. And we think long term, there is a -- it's a robust margin position that we'll scale and leverage over time.

Assets 130
article thumbnail

Transcript: Mathieu Chabran

The Big Picture

The exposure you get in investment banking, I was a leveraged finance banker by background. CHABRAN: Maybe because I come from a leverage finance background, as I told you, I tend always to focus on the downside. I think it was a great training. I think we learned a lot. And I think this is where the industry should be heading.

Banks 59
article thumbnail

CDPQ's Head of Liquid Markets Discusses Mid-Year Results

Pension Pulse

“The renewable energy, telecommunications and transportation sectors, to which (the Caisse) has been exposed for many years, are significant vectors of performance,” the pension fund said. The difference with 2022 is primarily explained by the increase in external performance fees related to increased returns.

article thumbnail

CPP Investments' CEO Discusses Fiscal Year 2024 Results

Pension Pulse

Ian Bickis of The Canadian Press reports CPP Investments earned 8 per cent in latest fiscal year, net assets rose to $632 billion: Canada's biggest pension fund earned an eight per cent return last year, but significantly underperformed the 19.9 Management fees decreased by $10 million, remaining broadly in line with the prior year.

article thumbnail

A Conversation With John Graham on CPP Investments Fiscal 2023 Results

Pension Pulse

In private credit, tightening credit conditions resulting from a handful of bank failures and rescues in the United States have opened up opportunities for non-bank players like pension funds, he said. Management fees increased by $165 million, due to an increase in average assets managed by external fund managers.