One of the keys, and I touched on it a little during my opening remarks, is around diversification. The organization made a decision years ago that it's important and it's the right path for long-term value creation to have a diversified portfolio, to have a diversified portfolio across asset classes and a diversified portfolio across geographies. That allows us to get access to the sources of global growth, to have a more diversified portfolio and to look for opportunities to drive alpha or value added. As the fund grows, having that global footprint and having the global capabilities and the relationships have been really important.
I think it's fair to say that right now, as we look forward, navigating the geopolitical landscape is one of the biggest challenges that's going to face institutional investors. You highlighted a few of the challenges. How we would think about it is that we have a diversified portfolio, diversified across all the major regions of the world and the ability to allocate capital to where we see the best regions, but as I mentioned, I think for investors one of the big challenges going forward is navigating geopolitics.