...A. During 2023, it was notable that our AUM surpassed $400 billion for the first time, and we generated new records in fee-related earnings realized income and GAAP, net income with each one exceeding $1 billion. B. The combination of our strong fund raising a resilient capital deployment enabled us to generate 19% growth in our AUM, 19% growth in our management fees and 17% growth in our fee related earnings. C. Our record realized income of $1.27 billion was also driven by a 92% contribution from our more stable and growing fee-related earnings. D. We're pleased that our stock once again outperformed in 2023, as our shareholders experienced a total return of 79%, compared to the 26% return for the S&P 500 Index. E. Over the past five years ending December 31, 2023, our stock has generated an average annual return of 51.4% versus the average annual return of 15.9% for the S&P 500 Index as of year-end 2023....
