Treasury Securities and Liquid Seed Investments for the current and trailing 4 quarters. Our firm liquidity totaled $318,800,000 at year end compared with $279,900,000 at the end of last quarter, and we have not drawn on our $100,000,000 revolving credit facility. Assets under management were $83,100,000,000 at December 31, an increase of $8,000,000,000 or 10.6 percent from September 30. The increase was due to market appreciation of $9,600,000,000 partially offset by net outflows of 935,000,000 and distributions of $717,000,000 For the full year, assets under management increased $2,700,000,000 or 3.4 percent from December 2022. The increase was due to market appreciation of $7,500,000,000 Partially offset by net outflows of $2,000,000,000 and distributions of $2,800,000,000 Joe Harvey will be providing an update on our flows institutional pipeline of awarded unfunded mandates.