Record Fundraising and Capital Deployment
Raised over $135 billion in 2024, including a record $29 billion of organic fundraising in Q4. Deployed $48 billion and monetized $30 billion of investments, marking the strongest year across the board.
Fee-Bearing Capital Growth
Fee-bearing capital base grew by 18% to $539 billion, generating $2.5 billion in fee-related earnings and $2.4 billion in distributable earnings for the year.
Strategic Investments and Expansion
Expanded credit origination capabilities and bolstered fundraising organization. Added new partner managers and increased investment in Oaktree. Achieved $1 trillion in assets under management.
Significant Transactions and Partnerships
Executed major transactions such as a landmark agreement with Microsoft for renewable power and a EUR 20 billion infrastructure investment program with the French government.
Dividend Increase
Announced a 15% increase in the quarterly dividend, setting the annualized rate at $1.75 per share.