The Motley Fool

OCTOBER 31, 2024

Now you may be thinking about how depending on in the portfolios where they may earn performance or management fees, there could be adjustments at the end of the year into the New Year, if that happens. So the management fee portion would be real-time, but the performance fee would be on a lag.

Liabilities 130

Liabilities Performance Fees Capital Portfolios 130

The Big Picture

OCTOBER 14, 2023

We discuss the firm’s unique fee arrangement: For institutional accounts of $100 million and up, they pay a base fee 33% of outperformance versus the benchmark (and no management fee). When they underperform, they refund as much as 25% of their performance fees.

Investing 72

Investing Startups Performance Fees Management Fees 72

The Motley Fool

OCTOBER 11, 2024

The combination triples infrastructure AUM and doubles private markets run-rate management fees. This was due to the relative outperformance of lower fee U.S. equity markets and client preferences for lower fee U.S. The closing of GIP added $116 billion of client AUM and $70 billion of fee-paying AUM on October 1.

Assets 130

Assets Leveraging Mergers and Acquisitions Mutual Funds 130

The Big Picture

JULY 4, 2023

.” It’s really helpful to have had five other meetings with people who sit at analogous funds that had losses that were just as big, and in fact, they may have contributed to those losses more and be able to tell him, first off, your fund, just by my math, has a $250 million management fee. WEINSTEIN: Cut in half.

Hedge Funds 59

Hedge Funds Funds Banks Capital 59

The Motley Fool

APRIL 18, 2024

Fee-related earnings increased 12% year over year to $1.2 per share, the highest level in six quarters and the third-best quarter in firm history, powered by double-digit growth in fee revenues, coupled with the firm's robust margin position. billion or $0.95 But IRRs are down to 6%, which I think is below the hurdle rate there.

Assets 130

Assets Debt Banks Capital 130

The Big Picture

JUNE 13, 2023

And I think this is where the industry should be heading.

Banks 59

Banks Asset Management Assets Capital 59

The Big Picture

MARCH 27, 2023

And all these formally high performers are now just so big, they’re very happy collecting the management fee and the performance fee matters less. Was at an issue before the financial crisis, or has so much money flowed into the space that it’s become self-defeating.

Hedge Funds 114

Hedge Funds Funds Assets Finance 114

Pension Pulse

AUGUST 17, 2023

Financial reporting As at June 30, 2023, the annualized costs incurred for CDPQ’s activities, which include internal operating expenses, external management fees and transaction costs, were estimated at 55 cents per $100 of net average assets, compared with 48 cents as at December 31, 2022.

Pension Funds 52

Pension Funds Assets Debt Finance 52

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 in fiscal 2023.

Investing 59

Investing Pension Funds Stakes Assets 59

The Motley Fool

JANUARY 12, 2024

billion was 7% higher year over year, driven by the impact of higher markets on average AUM and higher performance fees. Fourth quarter and full year performance fees of 311 million and 554 million, respectively, increased from a year ago, reflecting higher revenue from liquid alternatives and long-only mandates.

Assets 130

Assets Shareholders Asset Management Capital 130

Pension Pulse

MAY 24, 2023

Management fees increased by $165 million, due to an increase in average assets managed by external fund managers. Our operating expense ratio was 28.6 basis points (bps), which is below the five-year average of 29.0 bps and up marginally from 27.1 bps observed in fiscal 2022.

Investing 52

Investing Stakes Pension Funds Assets 52

The Motley Fool

DECEMBER 23, 2024

One area that deserves some blame is the fees that these fund managers charge. For example, more sophisticated hedge funds typically charge a flat management fee of 2%, coupled with a performance fee that takes 20% of annual profits.

Stock Market 246

Stock Market Stock Market Mutual Funds Exchange-Traded Funds 246

The Motley Fool

JANUARY 15, 2025

Excluding the prior year's net investment securities losses, it was up 21%, largely on higher asset management fees and investment banking fees. billion was up 13% year on year, predominantly driven by growth in management fees on higher average market levels and strong net inflows, as well as higher performance fees.

Banks 243

Banks Investment Banks Investment Banking Capital 243

The Motley Fool

JANUARY 25, 2024

Fee earning AUM increased 6% year over year, while base management fees rose 7% to a record $6.5 Q4 represented the 56th consecutive quarter of year-over-year growth in base management fees at the firm. Fee related earnings were $4.3 Michael, I appreciate your color on the flagship and management fees.

Management Fees 100

Management Fees Banks Capital Assets 100

Private Equity Wire

JANUARY 17, 2025

Management fees are set at 1.5%, with performance fees of 12.5% Sagard, along with some clients, will initially seed the fund with CAD50m, primarily for acquiring stakes in middle-market private companies. The fund aims to generate long-term annual net returns between 14% and 18%. above an 8% hurdle.

High Net Worth Individuals 96

High Net Worth Individuals Accredited Investors Investors Funds 96

The Motley Fool

JULY 18, 2024

We activated the investment periods for our corporate private equity and PE energy transition flagships in the second quarter, which, along with BXPE and private wealth, were in fee holidays as of quarter end, representing $27 billion of fee AUM in aggregate. Fee-related earnings were $1.1 BXP exited its fee holiday this month.

Assets 130

Assets Finance Financing Management Fees 130

The Motley Fool

JANUARY 30, 2025

First, with respect to fee-related earnings. Management fees rose 12% to a record $1.9 billion, including the 60th straight quarter of year-over-year base management fee growth at the firm. We activated the investment period for multiple major drawdown funds in 2024, which contributed full fees in Q4.

Management Fees 130

Management Fees Assets Capital Funds 130