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Blackstone (BX) Q2 2023 Earnings Call Transcript

The Motley Fool

In fact, virtually all of our drawdown funds we've launched in our history, have been profitable for our investors. Our performance has helped secure retirees' pensions, fund students educations, pay healthcare benefits, and protect and grow the savings of individual investors. billion or $0.94

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Blackstone (BX) Q1 2024 Earnings Call Transcript

The Motley Fool

In addition to insurance clients, pension funds and other LPs see the value we're creating in private credit, and there's been a strong response to our product offerings. Fee-related earnings increased 12% year over year to $1.2 billion or $0.95 So if we do these with bank partners, we can go through them in detail.

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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.

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Pension funds push for greater transparency on PE fees and returns

Private Equity Wire

Pension funds are calling for more transparency from private equity firms, seeking clearer and standardised reporting on fees and returns, in new guidelines published by the Institutional Limited Partners Association (ILPA), according to a report by the Wall Street Journal.

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Alberta Appoints Former PM Stephen Harper as AIMCo's New Chair

Pension Pulse

The decision to put a senior government official on the board of the arm’s-length pension fund manager raises questions about AIMCo’s continued independence, and whether the move opens the door to the government to exert greater political influence or to steer the pension fund manager toward government priorities.

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A Conversation With OTPP CEO Jo Taylor on Their 2024 Results

Pension Pulse

The pension funds 2024 returns fell short of its internal benchmark of 12.9 per cent, mostly because private equity returns lagged the stock markets performance, and real estate assets such as office buildings and shopping malls continued to struggle. In 2024, the pension funds publicly-traded stocks gained 23.2

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Private equity targets expansion in $12.5tn workplace retirement market

Private Equity Insights

Currently, private equity represents less than 1% of defined contribution plan assets, yet firms such as Apollo Global Management, Blackstone, and KKR see significant growth potential. While ETFs typically charge around 0.51% in fees, private equity firms often collect 2% in management fees and 20% of profits.