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Michele Reber -- Senior Director, AssetManagement Thank you, and good morning. Unfortunately, many of the constructive industry ideas and comments that include the use of technology and certain bestpractices were not included in the final rule. [Operator instructions] As a reminder, this conference is being recorded.
We intend to launch a strategy focused on triple net lease in Europe, driven by dealflow we already see today. Marc mentioned this, but I'd like to reiterate that this is our 11th consecutive quarter of both management fee and FRE sequential growth, the only alternative assetmanager that has demonstrated this over this period.
Traditional systems of record, such as CRM platforms, dealflow systems and portfolio management software, constitute the backbone of PE firms’ operations. Bacow (2021) – This paper explores how AI is being implemented in assetmanagement and private equity, focusing on both challenges and operational benefits.
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