we I’m the on share few you, that weeks. more over completed pleased deals transformative Thank past details Jason. to the two
want to million. ownership to interest December Investments. On JPMorgan over $XX we of I Forest First, Forest an sold touch affiliate our for XX% on of majority in XX,
we put XX% In Forest We right exercised the cash proceeds our $XX nearly a put January our million. received remaining $XX to for interest XX, aggregate sale, addition a in right approximately on to to bringing million.
business repayment received January as of on Equipment purchase sold our stock. shares interest approximately Quipt Durable we Next, common just Quipt a majority price over we of million to obligations, in $XX in subsidiary of After XXX,XXX million. X, $XX the for as total cash a Medical of well
purchase to the of proceeds. Slide presentation to bridge our the cash to price Please X from view refer investor the net
management Capital all enables to us our Great private Monomoy link, generated Elm’s As Corp. on our asset publicly holding balance investments, a focus transactions, industrial gains our significant and BDC these shareholders towards traded scaling currently alternative those of business material sheet. anchored our Elm Properties. realized over resources value by added of for Great for $XX the company’s This million and we result cash of
very streamline inorganic pleased transactions with and are growth organic opportunities. performance hard current with We solid and source we to have evaluate outcome, the at work continue successful generate our and been we to at Along the also and structure, operations.
by of related quarter fees and year-over-year, XX% driven AUM to revenues second fiscal higher In were GECC Monomoy. and management the up XXXX,
and the over under X% prior year-to-date, of quarter-end Assets X% XX, up relatively AUM $XXX $XXX to December and up was as comparable million over management grew while with fee-paying year-to-date. of X% million, XXXX quarter-to-date
with new the backlog and on further the in increased are finance Great prudently we deploying both including strong fees. to that focused to is transactions lead of AUM partnership potential a capital, provide expected have maintain through vehicles Growth GECC, to growth. related Berkadia. Elm we Monomoy, healthcare At At
drive and AUM continues in scale, increasing management growth fees to profit, business margins. reflecting our As will high incremental
Our incentive well bodes GECC growth. future initiatives fee performance and to fee portfolio for reset reposition the the
remain we’ll continue our and on to drive business long-term the Stepping back, invest growth. we strategy focused to in sustainable
are to asset $XX on holds deploy attractive balance We well dislocated Forest DME in for capital management a alternative and in markets, the liquid sheet, basis our strong which cash forma into thanks to transactions. pro positioned approximately investment and million
important own of outlook, directors, the of growth or we management and factor, XX% Elm Beyond fundamentals between interest their GEG’s alignment. which management, and our funds approximately strong outstanding one shares, the reinforces manage collectively shareholder strong differentiating still shareholders. and employees constructive maintain including Great alignment under strong
discuss turn quarter. I’ll Brent to the that, results our it over for to financial With
