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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. Using its voting rights on 37,536 resolutions at 3,635 shareholder meetings to express its sustainability convictions.
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.
We remain committed to our capital deployment priorities of managing our investment-grade credit rating, investing appropriately in the operations of the company, and returning capital to shareholders. We're a publiccompany. We're going to perform well as a publiccompany. We're here.
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. Moving on to guidance.
This becomes increasingly important with the new SEC rules detailing that all publiccompanies will be required to report material breaches within four business days. How is that going to translate into numbers that are loved by our shareholders? Not only that, to deliver great security outcomes to our customers.
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. This robust growth has allowed us to return significant capital to our shareholders. Thank you, Ann.
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. We have to be more disciplined.
So that just accrues the benefit to our shareholders and, and really supercharges the delivery of the synergies that we were talking about. Then I want to ask just quickly, on shareholder return plans, maybe just on sort of broad strokes, specifically, how would your plan vary? Neal Dingmann -- Analyst Great to hear.
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.
We are now lapping investments tied to publiccompany readiness and expect to get more leverage from this line over time. We are excited for this year and for the long-term opportunity ahead of us, and we are focused on executing against it for our shareholders. Finally, G&A expense was $29.8 million or 14% of revenue.
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 hope you've had a chance to review both the shareholder letter that went out last night, as well as the investor day, we'll be covering a lot of that material in today's question session. So a lot of time, a lot of work has been done here, integrating two companies very, very quickly, ecstatic about the progress that's been made.
We delivered strong financial results in our first quarter as a publiccompany, with 5% adjusted EBITDA growth and 20% AFFO per share growth. In summary, we believe we're well positioned to succeed in any economic environment, and our leadership team is hyper focused on compounding growth to drive long-term shareholder value.
Right now, I'm working with the team to identify key areas of improvement to enhance Canopy in every way possible for the benefit of our consumers, our people, our business partners, and our shareholders. From your question on Constellation, I mean, I think, as you know, they remain our largest shareholder.
What if I were a shareholder in Costco? 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. Then thanks to Peter Lynch, Amit writes, I had an epiphany. Rather than just a shopper. Of course, I would. Thank you, Sam.
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