Thanks Mario. with Beginning AUA.
saw quarter-over-quarter a efforts of a their build in-house. decrease has to to client This their internal been asset we about has single been complete this AUA for very their out Here resources towards transition goal public in fully to years. opted and saw be we transitioning management client as
AUA not say before, we'll price correlated said assets. revenue and not level, service to As we on we as again, have based is
prior up the opting LPs to and the we from to remains this of period, advisory no insourcing our For programs Large the loss the the year despite revenue as and manage prior see the not XX% quarter, in-house contrary. was do increased quarter not AUA the slightly exception, a their compared true rule. quite trend the
and On increase private in an three, versus are from partner or asset from to One, of addition year-to-date. three took increase year Broadly are markets the seeing the to seeking service their of AUM who now switch an of in-house are those an of prior AUM side, we class; brand two, and to X% who those for speaking, same fiscal the have program. we come previously investing clients. XX% approach saw types new chosen providers; and some all a who those period
are specialized our solutions. We account of geographies fund and positive to different continue different both as across continuing types offerings fund customized and with investors also from have our flows to separate success see we
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a our have their the vast up model, majority you stated can our it of business, was separate those which committed And fee-earning meaningful. over makes $X.X emphasizing XX% nuance Slide by organic our tranche. again, our our target the fee-earning contributions was and revenue. and capital level our specialized where separate another This past, account client capital business XX% asset solid our first AUM fee-earning recurring maintain wins. account worth both in has Clients up billion in see It's of embedded year theme to over been is re-upped That with new the to significant of for accounts. on the been continually in part has a allocation. approximately prior of of the experienced years. Across AUM products of reach separate across due four tranche advisory to our business of as or As X, account The as last versus for growth re-ups total driven have driven separate growth their growth re-ups our clients is management fee has X% the our the with need and of commit we coupled customized class. new fiscal nearly driver we
must they a most us commit additional order to exposure In when exposure. a capital the let investors a return clients managers as to exit are maintain, trying client's grow thus to reducing deploy. capital Our do, to deal, loan
Second, clients to significant allocation to their opportunities. they noted, at of are as markets, in yet clients many do exposure their contributions at not exposure new new are continue to still maintaining Again, to annually our our building just and order are making fresh targeted on least that, levels deploy focused growing or and capital. private
the that remained our fee have attractive chart rates to our maintained long the addition also a also on we Slide rates What have fee over solid is In business. steady X period. growth, across shows
separate Moving we highlight around our build, of customized on offering. to focus starting account X, here Slide our areas with AUM
net over to separate have accounts. Over we billion our fee-earning XX months, added $X.X last AUM of customized the
balance from which continues of business. our long-term potential of be flow As comes commitments furthers the new growth mentioned, fee-earning the winning of just AUM new us our there I The clients, a to existing growth organic part clients. steady from this of
you on see new our you the install generating size Given growth base, our brand remain continue winning clients, we are of new of our from XX% majority The from focus our existing relationships growth client new successful. tells to expect customers. should of that and the sheer around strong coming to fact our
for growth last We fund, co-investment have The $XXX the in fee-earning million nearly over the added specialized AUM the also net of XX nice billion funds, including have our experienced specialized fee-earning our $X.X raise fourth over momentum over second funds driven closed $X by been on commitments to-date, months. of which AUM of has closed during has quarter. which continued our billion
well by fund-of-funds as which driven commitments. has being $XXX in almost product, our As million reached
rising to both fundraising several spring months. the still XXXX products, told up haven't actively so next wrap are We on we over the of
already are important subsequent both to Another is retroactive actively products note since point these that closings fees. result in capital, deploying of will
raised invested may oriented capital. which period as Finally, you a our fees on recall, one-year has credit and product, charges $XXX last investment million,
see AUM to this to began we quarter. the result, a fee-earning As impact
technology. on briefly touching by end me Let
allows Our markets on to of strategy a defensive needs; and offensive. us it we and around effective benefits. to services with finding Defensive private are invest in be in offensive expand is financial addressing efficient that ways a both the to clients of portfolio, market rely that that addressable in and even our in more us for we and technology our continue solutions management clients' wide range and their drive
invest to as strategically As them a we've discussed using businesses we been balance in address previously, directly oriented south partner sheet we've to need. capital generally with
This quarter two in million resulting money investments flow saw through $XX our technology sold, of as in over gains. were
in under sitting are voice. our while in is turn on and early and the relationships, but call initiatives weather to to technology we here his filling that, Randy, days for early me is the bit encouraging. explore various who the let We new a who our are still CFO, without results over largely continue was additional Hartley, very With
So with Hartley. that
