Management attributed the 20% year-over-year growth in key metrics to a diversified business model where private equity, real assets, and credit each contribute approximately 1/3 of total fees. Performance was driven by strong management fee growth of 30% and a 50% increase in monetization activity, despite what management described as a 'challenging' operating environment. The firm emphasized the durability of its earnings, noting that 85% of total pretax segment earnings are now derived from recurri ...