Pension Pulse

MAY 24, 2023

Management fees increased by $165 million, due to an increase in average assets managed by external fund managers. Performance fees decreased by $621 million driven by fewer realization events in the private equity portfolio given the low transaction activity through the year, partially offset by strong performance of hedge funds.

Investing 52

Investing Stakes Pension Funds Assets 52

The Motley Fool

APRIL 12, 2024

Total annualized organic base fee growth of 1% reflected seasonally softer flows earlier in the quarter before coming back to target in March. billion increased 11% year over year, driven by the impact of market appreciation over the last 12 months on average AUM and higher performance fees and technology services revenue.

Performance Fees 130

Performance Fees Assets Leveraging Shareholders 130

The Big Picture

JUNE 13, 2023

So when we started this strategy in 1718, and started allocating capital, investing in entrepreneurs who had a solution, that had to be massified. And I think this is where the industry should be heading.

Banks 57

Banks Asset Management Assets Capital 57

The Big Picture

FEBRUARY 28, 2023

We had a group that was doing small growth capital investments in Germany and Switzerland at that time, a fund doing secondaries. And that comes from having our capital invested alongside theirs, and having very strict requirements for performance before we get paid performance fees.

Assets 57

Assets Private Equity Firms Private Equity Firms Due Diligence 57