Matt Toms

“Yeah, so on the quarter, a bit softer in the one-year number, as you allude to, we show the one-year number acknowledging that it'll be quite volatile. So the 3 and the 5 and the 10, still very strong longer term, importantly, which is really the driver of client engagement.”

“So first quarter, sorry, second quarter strong, that $1.2 billion we're happy with. That's an annualized growth rate of about 1.6 percent. Importantly, within that, the revenue yield was up as well.”

“Over our team, we like the breadth of flows we've seen across channels and products for the year. The year-to-date flows, as Mike referenced, $13.4 billion, dollars, roughly 4 percent organic growth rate.”

“We look forward to building products together for retirement plan participants. This will include within target date products, where the combination of voyages, areas of expertise, pair very nicely with Blue Owl's broader and complementary private strategies.”

“As you mentioned, the business generated strong net cash flows for the quarter, with $7.7 billion as a solid start to the year, well above our long-term goal of exceeding a 2% organic growth rate.”