BlackRock (BLK), the world’s largest asset manager, has seen strong operating performance over the past few quarters. Here’s why.
KKR & Co. (KKR) witnessed strong growth in its fee-related earnings in 2Q17 on a year-over-year basis.
KKR & Co. (KKR) is expected to declare total dividends of $0.68 per share in 2017, reflecting a marginal rise of ~6.3% from the total dividends declared in 2016.
KKR & Co. (KKR) has delivered a return of ~1.3% on its invested capital.
In 2Q17, KKR & Co.’s (KKR) Public Market division saw an ~9.7% year-over-year increase in its total monitoring, management, and transaction fees.
KKR & Co.’s (KKR) Private Equity division reported monitoring, management, and transaction fees of $178.2 million in 2Q17, reflecting a 29.3% increase year-over-year.
KKR & Co. (KKR) posted strong numbers in 2Q17 on the back of operating fundamentals and investment performance. KKR posted earnings per share of $0.89, beating the analysts’ estimate of $0.67.
Blackstone (BX) posted strong numbers in 2Q17 on the back of significant appreciation for its funds and realizations amounting to $11.0 billion.
Blackstone Group (BX) announced a quarterly dividend of $0.54 per share in July 2017, to be paid in August 2017.
In 2Q17, Blackstone Group (BX) had a gross return of 1.5% in performing credit and a gross return of -1.2% in distressed strategies.
In 2Q17, Blackstone Group (BX) saw inflows of $2.0 billion to its hedge fund solutions division.
The carrying value of Blackstone’s (BX) opportunistic funds in its real asset division rose 5.4% in 2Q17.
Blackstone’s (BX) private equity funds rose 2.8% in 2Q17, mainly due to strong underlying fundamentals in the company’s private equity portfolio.
Blackstone Group (BX) reported economic net income of $705.0 million in 2Q17, which reflects a substantial rise of 36.0% on a YoY (year-over-year) basis.
Carlyle Group could witness new funds in its Corporate Private Equity division in 2H17 and 2018, which is mainly due to increasing demand.
In November 2016 and February 2017, Carlyle Group paid quarterly dividends of $0.50 per share and $0.16 per share, respectively.
In 1Q17, Carlyle Group’s total realized proceeds stood at $3.5 billion, out of which more than 50.0% was contributed by the Investment Solutions division.
In 1Q17, Carlyle Group’s Real Asset division had raised around $1.0 billion. During the same period, the division witnessed a decline in its distributable earnings.
Carlyle Group (CG) expects its Credit division to contribute 20% to its fundraising target of $100 billion.
On a trailing-12-month basis, Carlyle Group (CG) delivered a return on assets of ~5.1%.