The Big Picture

JULY 4, 2023

You have no performance fee and no line of sight to getting to one anytime soon, and you have AUM shrinking by virtue of the losses, as well as the fact that LPs are now rightly redeeming. If you’re making a directional bet, or even worse, a leveraged directional bet, and you’re your funds going to suffer.

Hedge Funds 59

Hedge Funds Funds Banks Capital 59

The Motley Fool

APRIL 18, 2024

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

Assets Debt Banks Capital 130

The Big Picture

JUNE 13, 2023

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. And so at times it’s effectively when the essential is at stake that people can react constructively.

Banks 59

Banks Asset Management Assets Capital 59

Pension Pulse

SEPTEMBER 4, 2024

MAM and PSP Investments have sold their 88% stake in AirTrunk. MAM and PSP Investments acquired a majority stake in AirTrunk in 2020. It was owned 88% by MAM and Canada's PSP which have now sold their entire stake, according to a statement from the two companies. Macquarie’s fund and PSP will sell their AirTrunk stakes in full.

Investing 59

Investing Asset Management Stakes Assets 59

Pension Pulse

MAY 22, 2024

billion in NetCo, Italy's largest fixed telecoms network; and the sale of its stake in the Hohe See and Albatros wind farms off the shores of Germany for $374 million in proceeds. Management fees decreased by $10 million, remaining broadly in line with the prior year. Invested C$534 million in KPN, bringing our ownership stake to 2.9%.

Investing 59

Investing Pension Funds Stakes Assets 59

Pension Pulse

MAY 24, 2023

per cent of CPP’s overall portfolio is in China, said the fund uses several tools to carefully evaluate its investments and avoids stakes in “companies involved in wrongdoings, especially violations of human rights.” “The Management fees increased by $165 million, due to an increase in average assets managed by external fund managers.

Investing 52

Investing Stakes Pension Funds Assets 52

The Motley Fool

JANUARY 25, 2024

billion take-private of Tricon Residential, a partnership with Digital Realty to develop $7 billion of data centers and a joint venture with the FDIC to acquire a 20% stake in a $17 billion first mortgage portfolio from the former Signature Bank. These funds will earn fees following their respective fee holidays.

Management Fees 100

Management Fees Banks Capital Assets 100