to 'XX, as as continue We from on thank delivered building business. pure-play and you evolve us last everyone, for fiscal a solid streamlined to management today. start fiscal asset Welcome, year a we momentum joining
in growth significant by revenue businesses. management marked and assets both was quarter across our under This
actively and growth execute core real on grow Our us credit strategy. strong our and long-term our foundation to enables estate platforms
continue in year-over-year to growing of management, grow assets highlights generated by a proved revenue are: We estate our real begin quarter. Monomoy of fee-paying in net credit with management exit. year-over-year. 'XX, fiscal we under build-to-suit a basis increasing We under XX% our the concept to our BTS, million, on we As our double-digit our $X total assets surpassed fund XX% successful completing property first recently its returns We with prior its over just anniversary. X-year seeded construction out
we position in discount cash value. buyback a Our was our facilitate to with continue growth financial expanded across securities at book authorization $XX available platforms. and asset management a $XX repurchase strong to million over to continued quarter to the ended significant shares marketable up in million, to We and
the to into of continued representing in million. driver Elm Corp. year exceeding over fee-paying issuances equity Notably, Capital more from $XXX growth debt detail, this Diving quarter prior grow XX% assets the main increase through management GECC and numerous $XXX reached completed and million, a October our XXXX, The period. is approximately under Great February BDC,
then current total the primarily has GECC's performance achieving joint driven GECC to delivered venture. success with GECC raises This X quarter, the NII quarterly NAV. its in equity scaling GEG was participating Importantly, by record prior cash commitment CLO at of also income flows its exceeding strong a from increased distribution. by demonstrated investment early
incentive management both the the and substantial business. recurring fees They ability to to potential potential integral fees management under assets GECC the latest portfolio available at transformation on website grow the on our GEG's solid, strengthen fee enhancements GECC earning remains for our information conference fee-paying you Overall, these while call incremental expanding additional its asset I to and from portfolio at are The issuances invite also to listen BDC. capital. and continued through
increased GECC XX% from in Notable, by fees Great GECC. quarter, incentive to earned management $X.X year-over-year from of the $XXX,XXX And million. base we fee Elm's
nearing as second on second we and Our on to as expand team of its completion selling remains in continues design-build our robust. 'XX The the fiscal development also build-to-suit property real focuses expect third begins property. platform project. its build-to-suit estate are contracted continued Moreover, profitability pipeline we
and We opportunities execute to value will on both continue further enhance in our create development for GEG these profits to and tenants shareholders.
through from fiscal progress which vertical continue demand and this and Monomoy owner and given We 'XX we're about to 'XX. construction expanding strong we earning prospects, also BTS business this Construction in-house consulting growth projects, as offers began ramp for in representative fiscal up. services initial Management, fees excited
after continues fiscal solid Monomoy REIT performance 'XX over Additionally, to execute.
under value-added close of that expect our acquisitions fiscal the We have half year. we in to several contract first
performance about 'XX growth progresses. excited fiscal as Monomoy's are We and prospects
as has expenses Also, pleased XX through we Credit first recall, launched may November and its the return of Income report am a the Fund, months. fund delivered Elm GECIF, in I that net of of over or you XX% fees Great to 'XX. solid
GEG's for newly quarter, up total per share, discount Elm established $X.X record, are repurchases meaningful capacity situated to scale to of and million $X.XX stock X, program's authorized new Great to of the value has repurchased X.X businesses, and $XX share. Outside November returns strong track approximately Directors of expanding our this million additional these an With of we a or per Through Board million million. XXXX, book platform. shares core attract further $X.XX capital well the $XX
asset we and of strong In performance the position This over quarter. first with GEG and credit cash continues platform. strong continued us estate marketable and capital pleased sum, in a $XX the management alternative fiscal our balance to securities. of support real initiatives with growth are further segments position sheet enables our million liquidity to maintain across
momentum expanding this we alternative and objectives: Further, as enhancing our management. the financial to accelerating X Great repositioning assets management on under platform committed performance, focused are in remain we We Elm continue our space. growing asset core
accretive, differentiated to products. Additionally, we opportunities add multiple continue strategic to other initiatives actively evaluate alongside
capital and steadfast we to new returns. pursuing risk-adjusted maintain to to attractive opportunities platforms offering ahead, Moving our our commitment promising expand allocate businesses
call Net the quarter. GEG's $X.X income investment income the I to recorded address to of previously details, from approximately review purpose turning our to our losses special in to Before for million unrealized vehicles. Keri related benefited like the financial over would in net reversal
On our material were marked value. to highlighted SPVs these we that a call, last lesser
we the losses time, While a this substantial portion anticipated to reverse reversal over the we of saw quarter.
these Our aggregate in unrealized total loss net life to $XXX,XXX is date. investments approximately
returns execute, these for we will we As expect continue over begin shareholders deliver time. to to positive investments
Keri. I'll With over it that, turn to
