Record Fee-Related Earnings
Generated over $1.1 billion of fee-related earnings, a near 30% increase over 2023. Expanded FRE margin to 46%, a 900 basis point year-over-year increase.
Strong Inflows and Capital Returns
Inflows exceeded $40 billion, bringing more than $100 billion of inflows over the last 2 years, and returned more than $1 billion in capital to shareholders.
Global Credit Growth
Global Credit revenues increased 22% in 2024, with $190 billion of assets under management. Completed a landmark Discovery transaction, one of the largest asset-backed finance transactions of the year.
Successful Capital Markets and Investment Solutions
Record year in transaction fees for Capital Markets, and a 44% increase in fee revenue for Global Investment Solutions.
Positive Performance in Private Equity
Two latest U.S. buyout funds appreciated 15% and 21%, respectively, creating more than $5 billion of value.