morning. and good Mario Thanks,
to highlight our five, Fee-Earning AUM. on Slide we Moving
customized AUM reminder, our with fees. Fee-Earning specialized separate our a of funds As basis accounts management combination and point driven the is
of of our management it fees. most advisory We as over and our will continue to significant this XX% the emphasize makes up business, that driver is
period, prior both stemming flows XX% our customized AUM positive total funds the separate billion year from or grew fund across our to fee-earning $X.X Relative and specialized accounts.
our net funds. billion billion and $X.X from customized nearly came AUM from the separate nearly separately, Taken period time our accounts over came of same fee-earning $X.X specialized
and specialized growing funds. two, clients; new continue and four, AUM. from three, steady remained to to existing Growth also grow key fee-earning components: see adding platforms; continues new be we you our fee that winning our clients; by four raising fund even What have here while existing is driven re-ups rates one, our
our Moving to last $XX the AUM six, billion months. at over customized slide growing separate approximately accounts fee-earning approximately XX stood XX% from
We see coming of from continue to a variety avenues. growth
heard past, in the our client re-ups from you've base us key growth. say existing the As remains of a component
In a our to adding re-up which existing and in for expand new future addition, growing turn base we continue relationships, by winning opportunities. client provide brand base
growth funds, to specialized strong. our be for As continues
are across We the around set demand product remains and the business of a coming from investors like suite, diversified well robust our rest of our executing globe.
in of fee-earning in billion we XX% resulting months, increase the inflows a Over nearly nearly last $X.X XX positive AUM. achieved
is secondary main fund. The driver current our
During dollars million close the to that totaled for now This quarter, the billion. total we approximately $X.X $XXX approximately held product this brings raised commitments. an additional of
Two quick reminders.
our First, secondary previous totaled size. fund X.X approximately billion in
this we fiscal complete the Second, of raising current until fund. to XXXX QX have
fund fees quarter, that this started fees. retro did generate a on in this closing Given prior
most through remain have fund for credit label our The Rounding encouraged year-to-date. next by inflows net largest growth AUM with drivers AUM fund. out fiscal this liquid of as was our of growth continued the AUM recent as positive inflows vehicle. white our our We various we semi finalization fee-earning well co-investment across were with achieved initiatives followed the our the success
a private the a this asset leader to The demand beneficiary to growth of interest in grow, for exposures and class. continues in market as be we continue
about technology. Let and me shift now talk
speak past investing in us we as this see You've the to heard asset critical in our technology that in class. leadership
strategic Canoe partner has our to been announce become strategy put a thus and successful, simple, we a user are sheet balance and Our the and as them. not with partnership but we our providers, recent believe well. approach behind technology, solution proven Intelligence. help make of has technology industry very identify only far We better better, unique most who the we This can capital excited
of delivery entry others wide cash is including documents the early manual notices, to interpret, financial to all Canoe the to high items volume. KX’s for flow eliminate of with [Ph] extraction, and industry we automates related the hard deal that Canoe company investors end-to-end SaaS capital partner alternatives. workflows aiming industry an problem and validation data in data stage in throughout unstructured, statements,
are world. market around We for unlock that us investors optimistic and efficiencies the will help new Canoe for private
others. Canoes A We are Series investing ventures participating and NASDAQ alongside in
Let Cobalt from called is Hamilton noteworthy the very a On company acquired January with software announcement. parent a section this Lane XX, believe platform end of Cobalt what we limited me Bison. partner version
of in Bison. deal of of While retire specific mixture was from terms and the some stock to us are the sheet a confidential, transaction our balance our agreeing cash
we the largest single As of invested and XXXX, some the parent you became company. will recall, in in company the of shareholder Bison
software data original of nicely industry solution the an and manage which risk. was driven to out is that Our played was in need desperate thesis, analytically
This believe over and offering we fully the our past our over time focus both closely have us build needs value meet analytics data, now transaction and growth us with clients the offerings increasingly a to allows partners that years We of who private company driver to partners. for technology. company, and are service the general out on the worked four to limited most can market importantly, be for putting allows control
remain market fund and need with continue remain our its Bison offering, essential the close partnership and report a the shareholder. tools provides to to with using for strategic on remain Cobalt We on the as brand GP, key portfolio Cobalt metrics. as well focused analyze fully they GP which collect, platform, Bison and intend LP company in
As Bison. a defensively. January distribution had competitors LPs offering had Cobalt way and with along XXXX not the for part LP as with we’ve a way relationship user began secured of but using a and/or our arrangement defensively the in We and have LP to Hamilton yet differentiate Bison, whom a selling we large not of software, offensively only did to as service and hold with rights pricing. to to any from that overall Lane a provide LP both become been Offensively investment original sharing in we revenue version exclusive
utilizing have At clients Cobalt. present, we types of three
Lane is first our those clients other subscription largest the the The These of to who of independent component purchased Hamilton services. accounts. represent simply a software, subscriber have
one large have have to second are funds, an to the received committed The as amount renew customers. ability free who specialized initial clients and with our of subscription paying a
And the have as account component a Cobalt office subscription with overall back third, relationship who and/or their separate security are us. clients, of advisory
offering, Cobalt metrics LP for value of $X.X -- our January, not direct but, go For the competitive recurring of as was I reasons, granular the contract subscribers annual end into for million. the of around Cobalt will
licensing receive revenue addition, data for their additional from product. In GP we Bison to
today starting Now revenue over dedicated at growth Cobalt a our The zero a year-over-year does admittedly other XXX%. in while item. a annual revenue line short our rate just while reporting ago, of sits stand base at and
continues data adding about full-blown and excited from that our SaaS to to to us believe offering extremely apart and set in are invest platform We a competitors. our willingness technology
Most assistance investor with clients. wanting any enables needs to of our to us best and any importantly, existing to serve in seeking focus level be eligible of on the it our work prospective private the markets. Continuing able
And with Atul turn to to that, now call the over cover the financials. I'll
