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Our clients need capital, and our debt brokerage team did a fantastic job finding the appropriate capital for their needs. Importantly and atypically, over half of our Q1 debt brokerage dealflow was on non-multifamily assets in retail, hospitality, industrial, and office. million investmentbanking transaction.
We believe the continued path of central bank normalization will support sustained inflows across bond funds, ETFs, and institutional accounts. Nonoperating results for the quarter included $108 million of net investment gains, driven primarily by gains linked to a minority investment and unhedged seed capitalinvestments.
Since inception in 2013, when the company was formed by Fortress to take advantage of price dislocations created by higher capital requirements at the banks, we have executed on that plan. Capital requirements in the banking system are headed higher. As we look forward, dealflow is significant.
Axial is excited to release its Q3 2023 Lower Middle Market InvestmentBanking League Tables. These quarterly league tables reveal the top 25 investmentbanks active on the Axial platform in Q3. In Q3, 571 sell-side investmentbanks and M&A advisors brought a total of 2,360 deals to market.
You went to school in Paris, but you began your career in London at Merrill and Deutsche Bank. So that was a while back, but nonetheless, I don’t know if it was love at first sight, but we got to get along pretty well, and after a few years working for investmentbanks, he then joined Goldman Sachs.
Nonoperating results for the quarter included $90 million of net investment gains, driven primarily by mark-to-market noncash gains on our unhedged seed capitalinvestments and minority investment in Investec. Craig Siegenthaler -- Bank of America Merrill Lynch -- Analyst Hey. Operating income of $1.8 Good morning.
These proceeds contributed to funding the Venetian capitalinvestment we announced in Q2. But as we look at 2025 and given what we're working on, we remain confident that we are going to be bringing to the table both gaming and nongaming deals, big and small. We currently have approximately $2.9 It is in Las Vegas.
Nonoperating results for the quarter included 113 million of net investment gains, driven primarily by noncash mark-to-market gains on our unhedged seed capitalinvestments and minority investments. Operator Your next question comes from Craig Siegenthaler with Bank of America. Operating income of 1.9
We're talking about excellent counterparties, on average rated AA, and the capitalinvestment of these enterprises is expected to measure in the trillions of dollars over the next several years. Similarly, Atalaya and our credit teams have been active in sourcing investment-grade flow. Alex Blostein -- Analyst All right.
And as BIP has continued to scale, it has in turn enhanced the firm's intellectual capital, relationships, and dealflow, supporting our growth in other areas, including our $90 billion infrastructure and asset-based credit platform, our infrastructure Secondaries business and our dedicated energy and energy transition focused funds.
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