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MIELLE: Of course, I was and it was particularly ruthless because I was in a group called FIG, FinancialInstitutions Group. At that time, there were still a lot of savings and loan institution, thrifts, lots of mergers. MIELLE: So financialinstitutions were not my industry to cover. Tell us about that period.
We activated the investment periods for our corporate private equity and PE energy transition flagships in the second quarter, which, along with BXPE and private wealth, were in fee holidays as of quarter end, representing $27 billion of fee AUM in aggregate. Fee-related earnings were $1.1 BXP exited its fee holiday this month.
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