Let's talk to one beneficiary of this trend. For more on alternative investments and private credit, Marathon Asset Management co-founder and CEO Bruce Richards is here. Marathon has over 23 billion dollars in assets under management.I I assume you're getting a lot of family office. We are. It's a big part wealth channels, the insurance channels and institutional channels. And when you think about wealth, the family offices are a very big part of that.And that's coming from the banks that are putting it on ...

All right. So, just this report right here, uh, some concerns out here by investors moving private equity firms like yours lower on the idea that they won't be able to sell their previous investments at good prices. Is that a trend that you're seeing.Well, I think the concern right now is what we're going to see on the liquidity front. So, your prior segment really said it all, which is you've got the public markets actually trading at all-time highs, extremely concentrated, but we're not seeing the same su ...