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57% of its actively managed publiccompanies count at least 30% women on their Boards, an increase of more than 39% in three years, and 30% of its nominee directors are women, thereby meeting the target it set. Governance CDPQ employs solid governance practices.
And the best thing about our operation is the collaboration we have between the teams on sharing bestpractices on best-in-class rigs. So not one unique standout that's driving that number. Kaes Van't Hof -- President and Chief Financial Officer Yes. I mean, I think so, Charles.
Highlights: Engaging beyond equities: BCI directly engaged 134 public and private portfolio companies , achieving our objectives or observing positive momentum in 58 per cent of cases, and supported collaborative engagements targeting over 2,000 additional publiccompanies.
Ensuring leadership continuity is a standing priority, and we took this opportunity to update BCI's process in accordance with current industry bestpractices. Working with our Board of Directors, we revised BCI’s Compensation Philosophy, including incentive elements, to bring them in line with current industry bestpractices.
The other part that is very important for us and that's where the puck is heading for institutional investors, is the engagement with our portfolio companies. We think it's about value creation, we believe it adds value to these companies and that's what ultimately we are all about.
We're a publiccompany. We're going to perform well as a publiccompany. And while I think we've done a great job on capital allocation, and we'll continue to use most of it on the buyback program, I don't rule out like could some of that be used to increase the value and increase the performance of the company faster.
We have been sharing bestpractices from agents at Compass who specialize in representing buyers for illustration and inspiration. Agent retention remains high as our principal agent quarterly retention was 97%, a number we have consistently reached since becoming a publiccompany in April 2021.
This becomes increasingly important with the new SEC rules detailing that all publiccompanies will be required to report material breaches within four business days. And using bestpractices, we are able to give them the right policy configuration, ask the customer to review the policy changes or apply them.
The Okta Secure Identity commitment extends even further to champion customer bestpractices that enable our customers to be highly protected and elevate our industry to be more secure from identity attacks. We want our customers to benefit from our depth of experience.
Fee structures may change, with pressure on publiccompanies to reduce management fees and focus on performance-based compensation. Conclusion: The top tech companies and top private equity funds share some similarities, but the growth dynamics are different.
This is the 13th consecutive quarter as a publiccompany in which we have met or exceeded our revenue guidance range. We ended the quarter with $723.3 million in cash, cash equivalents, and investments. All these numbers exceeded our guidance and exceeded analyst consensus. None of this should have come as a surprise.
Before we go into details about the quarter, I want to provide some context on what we have accomplished as a publiccompany and how we are looking toward the future. And we'd say, first, there's everything we do sort of around adoption and utilization and bestpractices within existing clients.
We are now lapping investments tied to publiccompany readiness and expect to get more leverage from this line over time. So we're running plays and we're building content for our customers on what are the bestpractices that they can use to get the most out of Klaviyo as possible. Finally, G&A expense was $29.8
After another strong year as a publiccompany, I'd like to start today by revisiting the algorithm we use to achieve sustained long-term growth. All of that is part of the hard work of our relationship managers instilling bestpractices in our clients, our reputation, our network, all the things that help grow sort of that base.
And we shipped code-quality and security gate to enforce bestpractices, catch security vulnerabilities, and prevent flaky tests. So, that would be consistent with what we've done throughout our history as a publiccompany. And last, but not least, we delivered on a number of platformwide initiatives.
We finished 2023 on a strong note with another consecutive quarter of management fee and FRE growth, 11 for 11 since we've been a publiccompany, against a market backdrop that has been exceptionally volatile and uncertain. Marc Lipschultz -- Co-Chief Executive Officer Great. Thank you, Ann.
Following our assessment of FedEx Freight, which we announced and commenced back in June, we have decided to pursue a full separation of this business, which will result in two industry leading publiccompanies. In the spirit of One FedEx, we are bringing hub and sort bestpractices from U.S. Surface team.
I'm joined by a few Foolish guests and bright lights, people who actively work with kids and give some bestpractices in terms of how to get kids started investing for opening an account to how to oversee that. You'll hear one hour.
We delivered strong financial results in our first quarter as a publiccompany, with 5% adjusted EBITDA growth and 20% AFFO per share growth. Congrats on your first quarter as a publiccompany. So with that, I will turn it back over to Greg to wrap up our prepared remarks. I'll conclude on Slide 14. Please go ahead.
In the prepared comments, you'll talk about -- point out sort of the opportunity to implement these kind of shared bestpractices, if you will, of the two companies, and you're closely studying kind of various completion designs. Just how does that kind of work in practice? John Freeman -- Analyst That's great.
This was led by positive EBITDA contribution from all three business units offset by unallocated corporate overhead costs, including publiccompany costs. We still have relationship with them in the context of just sharing bestpractices or just changing ideas. I'd like to now review our cash flow and balance sheet.
We continue to embed retail bestpractices across our business and drive operational efficiencies. We are on track to successfully transform our business, and we continue to expect to return to revenue growth by the end of FY '26. We are also raising our annual guidance, and David will share more on that shortly.
If you see something in a mall or if you enjoyed a new meal at a new restaurant and you find out it's a publiccompany, you should maybe add that to your watch list. Consider, rather than, I don't know, maybe your broker telling you you should buy three stocks you've never heard of, maybe you should with Lynch, buy what you know.
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