Strong Fee-Related Earnings Growth
Fee revenue growth of 8% year-over-year drove fee-related earnings growth of 23%, with expanding margins.
Significant Fundraising Success
Raised $1.3 billion in the quarter, bringing the year-to-date total to $2.5 billion, making progress toward the $40 billion FEEUM target for 2025.
Investment in AI Infrastructure
Built and under construction pipeline of over 5.4 gigawatts, up 50% over the prior year, with plans to deploy over $43 billion in CapEx.
New Strategic Platforms
Established two new platforms: Yondr in hyperscale data centers and Takanock in digital power strategy, enhancing capacity for AI innovation.
Increased Leasing and Power Capability
Leasing pipeline increased by 50%, with a power bank of nearly 21 gigawatts secured to support AI infrastructure.