and for you everyone, us. joining Welcome, thank
second transaction Thursday, platform quarter Elm Corporation. want Before diving at BDC, $XX raise alternative our announced a that pivotal Great million Capital I into a highlight for closed to GEG last earnings, On credit our week. equity capital
to to to increases the incentive step for fee on change This GECC, fees incremental an million at significant fee the establish $XX asset aims basis provided with investor capital million GEG this revenue $X GECC The stock Elm. by GEG's a management alongside ability common in recurring relationship giving value. strategic net potential institutional institutional this and earning the revenue is for special capital. significant support GEG. Great earn from a vehicle, It of in in a investing company add asset purpose investor acquired raise transaction
fund launched Elm embedded total during raising fiscal this template Income Great Great the in for will credit direct capital. platforms structure the importantly, also of credit transaction second investments. ceded our and origination future on a will $XX investment source lending, investors. a fund GEG and income private capital with Fund opportunities. existing alongside $X operational Credit million The focus special additional investment and Group and syndicated investment Most several with to this provides quarter situations million leverage manage the Elm and
investments providing in scale recurring third-party to opportunity Management enhance is fund, testament to other liquid platform strong capital to deploy the partners as serve into on capital fee revenue. and focused made raising These another launch new sheet and fund new utilizing products capital balance alongside our opportunities. AUM grow businesses, its GEG existing a
GEG's deliver our investments that we growing strong with believe a these revenue, will vehicles recurring return. Along in
these fiscal quarter addition 'XX. GEG In of to strategic key second developments, had a solid
$X.X million, We from We grow a $X.X a adjusted year prior year EBITDA under continue the period. up the management total basis. from million, from and prior period generated of quarter on revenue XX% $X.X to our sequential assets of increase year-over-year and fee-paying million both
both fee fee-paying We $XX on ended platforms. to securities and vehicles, asset alternative both management and our approximately the and across our we revenue deploy AUM platform. quarter million GECC, in X with cash increased have growing marketable Reflecting anchor Monomoy across
core the solid continued pleased momentum during and businesses We both performance with to are accelerate at will from these seek quarter. the
efforts. of positioned million GECC for consecutive for forward fees see $XXX,XXX, from the paying GEG well had we the solid remains the GECC incentive GECC GECC to the quarter. fees approximately to moving results of to as GEG pay once quarter. successful bringing total fees GEG quarter portfolio repositioning third earned again continue a incentive will by $X.X
XX, to continues GECC the share dividend with grew dividend of NII to $XX.XX on in value December XX% equity. GECC asset per XXXX, quarterly exceed as at a declared December. and post-calendar regular Net special a Additionally, return
made acquired properties amended deploying term of for leases X in-place strides options X-year REIT tenants. as tenant renewal a X meaningful existing properties X Monomoy the on and million $X the quarter with great Additionally, leases key capital during executed with extensions
fiscal In to X real a The on year. addition, in complete and BTS pipeline of on new robust our and make our we properties REIT its Monomoy remains these confident growth at open meaningful and projects of requirements fiscal through continued build-to-suit projects business progress remain track significant team Mississippi. continued to estate construction within Florida current from tenants, With 'XX.
our X During our AUM. the shares why towards we the our $X.XX financial our remained we upon have consistently quarters, as and repurchase million market platform, strides common these repurchase increase fiscal so we goals at great with stock in extremely in am open conclude have far to the intend share, value fiscal is to approved reflecting I recent XXXX. November of by book pleased performance, program steady quarter, broaden goals per enhance outlined made 'XX.
I'd achieving in part our second in which like $XX
our new space results demonstrate asset Great alternative to commitment Elm and Our management by products. growing the core launching our repositioning businesses in
to pipeline. we opportunities promising Additionally, in continue our M&A strategic evaluate multiple
returns.
With to to platform expand attractive that We invest in capital our turn opportunities I'll business Keri. new steadfast in opportunities remain it will that, risk-adjusted offer pursuing and over
