Core Insights - The investment firm has demonstrated resilience in a challenging macroeconomic and geopolitical environment, achieving a 21% growth in assets under management (AuM) in 2025 [3] - The firm added $30.2 billion in total new assets, aligning with its guidance of $26 billion to $31 billion [3] - Fundraising reached $26 billion in 2025, marking the highest year for new client demand in the firm's 30-year history, representing a 22% increase from the previous year [3] - M&A activities contributed an additional $4 billion to the firm's growth [3] - Bespoke solutions accounted for 72% of inflows, with both mandates and evergreens achieving their strongest performance to date [3]