Welcome all to Blue Owl Capital Inc.'s annual meeting of stockholders. I would like to introduce you to Doug Ostrover, Co-Chief Executive Officer of Blue Owl Capital Inc. Thank you, operator. Good morning, ladies and gentlemen. Welcome to our annual meeting of the stockholders of Blue Owl. The agenda for this meeting has been set. We have implemented certain rules of conduct and procedures to facilitate the orderly transaction of business. I would like to acknowledge the directors of Blue Owl who are present with us today. Also, we are pleased to have Alan Kirshenbaum, Chief Financial Officer, Neena Reddy, Chief Legal Officer, General Counsel, and Secretary, Ann Dai, Head of Investor Relations, and Francesca Kruk, Investor Relations. Also present at this meeting are Katie D'Angelo and Brit Mondi, representatives from KPMG, our independent registered public accounting firm. They will be available to answer questions concerning the company's financial statements after we adjourn the official business of this meeting. Chris Woods of American Election Services, who has been appointed as Inspector of Election. Ms. Reddy will serve as Secretary of this meeting and record the proceedings. The 2026 annual meeting of stockholders is hereby called to order. There are two proposals of business on today's agenda. Proposal one is the election of directors, and proposal two is the ratification of the appointment of the company's independent registered public accounting firm. Thank you, Doug. Let me first make some procedural points. First, you are able to vote during this meeting at any time once the polls have been opened through presentation of proposals until we close the polls. However, if you have already voted in advance by using an online ballot or a physical proxy card, a vote at this meeting will supersede your earlier vote. If you have already voted, you do not need to vote again. Second, in the event of any technical difficulties before the formal adjournment of this meeting, we may temporarily adjourn and reconvene in accordance with our bylaws. After adjournment, stockholders will have an opportunity to ask questions. The company has delivered an affidavit of distribution of Broadridge Financial Solutions establishing that notice of this meeting was duly given. A copy of the notice of annual meeting of stockholders and notice of internet availability of the proxy materials will be incorporated into the minutes of this meeting. All stockholders of record at the close of business on April sixth, 2026, are entitled to vote at the annual meeting. I will now discuss the procedures for transacting the business of this meeting. Stockholders of record of our Class A shares, Class B shares, Class C shares, and Class D shares have received the notice of annual meeting of stockholders and are entitled to vote at this meeting. We have present today, either virtually or by proxy, out of the total of 1,559,050,309 shares of all classes of common stock of Blue Owl Capital outstanding and entitled to vote as of this record date, holders of more than 50% of the voting power of the company's outstanding shares of common stock. Since the majority of the company's shares of common stock is represented here today, a quorum is present. Thank you, Neena. Because a quorum has been established and is represented at this meeting, I declare this meeting to be duly convened for the purpose of transacting such business as may properly come before it. The board of directors has appointed Chris Woods, a representative of American Election Services, as the independent Inspector of Election. Mr. Woods has previously taken an oath as Inspector of Election and will determine the number of shares to be voted at today's meeting. Mr. Woods has tabulated the proxies that were received prior to the convening of this meeting and will submit a report on the number of shares voted for each item presented to stockholders. The next order of business is to vote on the two proposals outlined in the proxy statement and on the agenda. The polls are now declared open at 9:34 A.M. Eastern Time today, June 4th, 2026. After the items to be acted upon at this meeting are presented and the votes on those items are reported, the preliminary results of this voting will be reported. The board recommends a vote for each of the proposals. On behalf of the board, I present the two proposals for consideration for the reasons contained in the proxy statement. We will now pause to allow stockholders to vote their shares. If you previously voted by proxy, you do not need to vote today unless you wish to change your vote. I now declare the polls closed at 9:35 A.M. Eastern Time today, June fourth, 2026. The Inspector of Election will now tabulate the preliminary results. Thank you, Doug. The Inspector of Election has provided a preliminary report showing that, number one, nominees for election to the board of directors have been duly elected for three-year terms expiring at the 2029 annual meeting of stockholders once their respective successors have been duly elected and qualified, or until their early resignation or removal. Number two, the appointment of KPMG as the company's independent auditors for the 2026 fiscal year has been duly ratified. The Inspector of Election will furnish a written report of the final vote count with respect to the matters voted on today, which will be included in the minutes of this meeting. The company plans to file a Form 8-K within four business days of this annual meeting to disclose the final voting results. Thank you. I am aware of no other business that has been properly brought before this annual meeting. The meeting is adjourned. We are now happy to hold a brief question and answer session. We've not received any questions. Thank you all for attending today's meeting. With that, we'll conclude today's conference call and webcast. We do thank you for joining. You may now disconnect your lines. Thank you. Thank you.