John Zito

So the more that we can partner with them to create the most flexible type of capital structure duration-wise that matches with exactly what they need, I think the more likely we're gonna be the service provider of that.

And I think we are positioned, given just the org design of the liability structure of our business,

We're designed to be the provider, one of the largest providers of all that capital.

It feels like that and probably defense are probably our largest sectors that are growing really quickly.

I mean, look, I always think there's going to be some level of the core, let's say core credit, core equity businesses are going to get consolidated.

So if you're big, you're going to become mega and you're going to distribute and produce products.

And I think there'll be consolidation there.

And you're seeing that.

But there'll always be the family office, the endowment that wants the small artist.

I started here with $130 million fund.

Like no one paid attention to me for at least five years.

What the hell is this guy doing over there with this long, short credit fund?

And I did that for 10 years before coming here.

So those businesses are wake up every day, super risk managed or in the liquid business, super risk managed.

And every line item, every risk, every night.

And you're living and breathing the artistry of that business, whether it's buying small businesses, investing in small businesses, venture.

These are just artist businesses.

And I think there's always room for the artist in the aggregate asset allocation.

So my thing is fine.

find something that you love doing, find something you're super interested in, create a product around that and get yourself excited about what you're doing every day.