And in terms of focus or like what areas are you trying to come in or at least as part of your portfolio where you would say that's like your primary type of investment that you're making where you're driving the most amount of value for your own investors or your own funds? Yeah.

Sure.

So I think about it in a couple of different ways.

I mean, we invest across many sectors.

So for the most part, a little bit sector agnostic, but obviously we have themes and conviction on certain sectors over others.

But we have a pretty diversified portfolio and a diversified sponsor base that we work with to deploy capital.

But I would say where the focus really comes in is focusing on companies that are sub $1 billion of enterprise value.

But curious, like your take on this, isn't it like a not the best thing where funds are needing more and more secondaries as a way to return capital to LPs? Because that means that the companies that they've invested in are not functioning at a level where they can actually exit those investments and return capital through an actual sale.

And in terms of focus or like what areas are you trying to come in or at least as part of your portfolio where you would say that's like your primary type of investment that you're making where you're driving the most amount of value for your own investors or your own funds? Yeah.

Sure.

So I think about it in a couple of different ways.

I mean, we invest across many sectors.

So for the most part, a little bit sector agnostic, but obviously we have themes and conviction on certain sectors over others.

But we have a pretty diversified portfolio and a diversified sponsor base that we work with to deploy capital.

But I would say where the focus really comes in is focusing on companies that are sub $1 billion of enterprise value.

But curious, like your take on this, isn't it like a not the best thing where funds are needing more and more secondaries as a way to return capital to LPs? Because that means that the companies that they've invested in are not functioning at a level where they can actually exit those investments and return capital through an actual sale.