Pension Pulse

MAY 22, 2024

billion of net income, CPP Investments directly and indirectly incurred $1,617 million of operating expenses, $1,449 million in investment management fees and $2,067 million in performance fees paid to external managers, as well as $427 million of transaction-related expenses. To generate $46.4 bps and below the 28.6

Investing 59

Investing Pension Funds Stakes Assets 59

The Big Picture

FEBRUARY 28, 2023

So it used to be within private markets that you would find a good business, apply quite a bit of leverage to it, at least in the private equity business, and be able to make a pretty good return by buying good solid businesses as they are. Leverage levels have come down materially. LAYTON: Leverage levels have changed.

Assets 59

Assets Due Diligence Private Equity Firms Private Equity Firms 59

The Big Picture

MARCH 27, 2023

So it was a starting industry, very much sort of a venture capital type of business. And these were real bankruptcies, led by a supply-demand imbalance, too much leverage and not enough demand for the products. And so if you compare that to today, if you remember Oaktree raised $15 billion fund in 2020, on its own. MIELLE: Yes.

Hedge Funds 114

Hedge Funds Funds Assets Financing 114