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Interest rate volatility is probably a part of the answer to the question, but why do you think we've seen more capital deployed in existing properties or new development relative to M&A, assuming your kind of cost of capital as a financing source for casino industry participants is still pretty competitive. Please go ahead.
This settlement is not an admission of wrongdoing or liability by Kroger and Kroger will continue to vigorously defend against any other claims and lawsuits relating to opioids that the final agreement does not resolve. I wouldn't be able to comment on C&S' financing strategy. So, we feel very good about the plan we've announced.
Primarily through growth synergies from proprietary dealorigination, larger transaction sizes, capital formation scale, and multi-asset class infrastructure investment innovation, we see opportunities to drive significant value creation for BlackRock shareholders. As I said, deficits matter. I think GIP's success in the U.K.
From a dealorigination standpoint, partners sourced 60% of our new business in the fiscal year, validating our partner-first strategy and ecosystem investments. The $93 million in dealsfinanced through CrowdStrike financial services in Q4 had a de-minimis impact to the quarter's free cash flow as expected.
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