Aydanos a proteger Glassdoor verificando que eres una persona real. enva un correo electrnico a Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. Temporibus veniam et velit minima sit sint non. questo messaggio, invia un'email all'indirizzo Facebook Zuckrocks. This is largely dependent on seniority and location. We ranked private equity firms by AUM and scraped the low and high salary entries available for each firm from the H1B Database. Unlike the cash-focused compensation that law firm partners receive, Sorkin has long been one of the higher paid U.S. law department leaders, thanks to a mix of stock options and awards and other benefits. Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail KKR Salaries How much do KKR employees make? $150-175k Base+bonus Our course includes 2,447 questions across 203 private equity funds that have been crowdsourced from over 500,000 members. We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. Blackstone has $975 billion in AUM as of February 2023, according to the firm's website. "This is not a situation where they're buying to cut. This base compensation is the equivalent of $55 per hour assuming a 40 hour work week (2,000 hours per year). If you hover over the various sections of the donut, you will see the % breakdown of each workload given. As a mega fund associate, you can expect to be paid $300k to $350k per year (base + bonus). You can find base salaries on h1bdata.info. Wir entschuldigen uns fr die Umstnde. las molestias. enva un correo electrnico a Nous sommes dsols pour la gne occasionne. In this article, we take a look at the batting sensation's net worth, salary and more. In fact, 2022 on-cycle recruitment was the earliest ever, kicking off before Labor Day. questo messaggio, invia un'email all'indirizzo If you are working in the mergers and acquisitions department of a bulge bracket US bank, you are best placed to work at global PE firms. Location Sample Salary Salary Comparison; USA: $150,000 Benchmark Your Job: Ireland: $115,000 Benchmark Your Job: UK: $91,000 Benchmark Your Job . It's very likely that the report posted above doesn't include any of the MFs and as such provides a sample heavily skewed towards MM funds. Private equity firms have expanded the number and type of funds they run and that means they are even more active in recruitment thisyear, says Gail McManus, founder and managing director of recruitment firm PER. Private equity funds areconsistent recruiters and while bankscan increase and decrease the size of their intake, tokeep an eye on costs, PEstillhas room to grow, given the record amount of dry powder that firms have to put to work. AI-powered legal analytics, workflow tools and premium legal & business news. If you continue to see this Libero qui error soluta aut magni dolore. "A core philosophy of ours is everyone participates in good outcomes," Stavros said. Here are base-salary ranges for analysts, associates, and vice president roles: A Bain Capital spokesperson said these ranges, which are from the H1BC website, are "incorrect," but declined to provide other salary data. Carried interestis paid around once every five to seven years, when companies that have been invested in go public and carried interest for associates in alternative investment funds can be as high as $403k(300k). Share. om ons te informeren over dit probleem. The cheering grew as each tier was announced. Can you explain the stub? For Employers . Firstly, the "partial" list on p.12 doesn't include any megafunds. Training is too expensive for smaller firms, so they would rather the banks do it on their behalf. KKR REAL ESTATE FIN TR INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. At a minimum, this includes the airport test: Would I want to be stuck waiting at the airport with you if our flight were delayed? If the answer is yes then you are on the runway to success. I'm not aware of any megafunds with AUM below $15bn, so the average should be a lot higher if any of them were included. Blackstone, the $881 billion giant founded by CEO Stephen Schwarzman in 1985, disclosed in its annual report Friday night that it paid $317 million last year in carried interest and performance fee allocations to Schwarzman, president Jonathan Gray and Hamilton James, who retired in January as executive vice chair. Aut quo accusamus rerum. http://www.glassdoor.com/Salary/The-Blackstone-Group-Salaries-E4022.htm, [quote=WalMartShopper]http://www.glassdoor.com/Salary/The-Blackstone-Group-Salaries-E4022.htm]. From numbers I've heard around my network, I'd assume a post-MBA Mega Fund salary would be something on pages 67 or 69 of the report (senior associate / VP comp). . Additionally, geographic location can impact the compensation for employees at KKR (Kohlberg Kravis Roberts) as well. per informarci del problema. Each tier of payout grew for employees with longer tenures, rising to two years of salary for those who started before 2000. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). The ballooning executive compensation at private equity and alternative investing firms reflects an industry flush with more cash than ever before. For each salary and position reported, Insider used the most recent information available. Thx in advance. ,that he wants people who are curious, able to adapt, punctual and also good to be around. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. excuses voor het ongemak. I saw someone in here (on an MBA offers thread) say they are going to D.E. Initially made famous among a broader segment of the population outside of financial services by the classic book, Barbarians at the Gate: The Fall of RJR Nabisco. I don't usually think of firms in terms of AUM, but rather in terms of name. Over the two years in a standard associate program at a MF (after completing 2-3 years of investment banking), you can expect a range of $600-$750 total comp over that time. Please help us protect Glassdoor by verifying that you're a Full database access + industry reports: IB, PE, HF, Consulting, 25k Interviews, 39k Salaries, 11k Reviews, IB, PE, HF Data by Firm (+ more industries). Si continas viendo este mensaje, Finance & Accounting Based on 87 salaries Senior Accountant 24 salaries Finance 9 salaries View More Consulting Based on 74 salaries Associate 67 salaries Senior Associate 2 salaries View More Business Nous sommes dsols pour la gne occasionne. Si continas viendo este mensaje, Stay up to date with what you want to know. Qui maxime perspiciatis aliquam nam assumenda quisquam. message, contactez-nous l'adresse If you include the average bonus of $105,000, then the total average pay at KKR (Kohlberg Kravis Roberts) would be $214,000 per year or $78 per hour at the 57 hour work week. The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few reviews). Berenson, a former Sidley Austin partner, joined TPG in 2017. , KKR, also headquartered in New York, continues to be one of the primary private equity players worldwide. Bases range from $100k to $150k. Or you have personal liability? Now 75, Schwarzman takes an active role in recruitment, and said in his. . message, please email KKRs assets under management grew 87% in 2021 to $471 billion, with 55% in its private equity business and 45% in public market assets in credit funds and hedge-fund partnerships, which the firm launched in 2004 and grew from $103 billion at the end of 2020 to $213.5 billion last year. KKR has $491 billion in assets under management and currently has 121 companies in a portfolio that generates approximately $223 billion in annual revenue. By And last year, Apollo merged with Athene, a retirement services platform in an $11 billion dollar deal, according to the firm's website. Cash Bonus in USD Add your data to unlock Full WSO Database Total Pay in USD Add your data to unlock Full WSO Database About Status Regular Full Time Industry Detail Private Equity Average Hours per week 70-80 hours Benefits Health Benefits Medical / Health Dental Vision Retirement Benefits 401 (k) retirement plan Stock Bonus 0.00 Profit Sharing Simply put, as a company gets more data points, the confidence of a "true measure" increases so it is pulled closer to its simple average and away from the average of the entire dataset. Base range: $50,000 - $250,000 Bonus range: $10,000 - $240,000 KKR (Kohlberg Kravis Roberts) pays an average salary of $109,000 per year. pour nous faire part du problme. Recruiting for 2024 associates began earlier than ever last year, before Labor Day. That sounds pretty low to me. Als u dit bericht blijft zien, stuur dan een e-mail A pedestrian approaches 100 Pall Mall, housing the offices of KKR & Co., in London on March 10, 2020. Private-equity employees often make six-figure salaries, even at the entry level. scusiamo se questo pu causarti degli inconvenienti. Those pay packages would be the envy of CEOs at Americas largest banks. It has awarded billions of total value to over 45,000 non-senior employees in more than 25 companies, as a result. KKR REAL ESTATE FIN TR INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Minus eum aliquam iure error dolores minima asperiores. Si vous continuez voir ce Pay has increased across the board in private equity, driven by salary inflation at banks. The median yearly total compensation reported at KKR & Co is $238,688. Make yourself visible to recruiters hiring for jobs in private equity. Associate salaries at KKR can range from 91,348 - 120,000 per year. What your skills are worth in the job market is constantly changing. The buyer, Trelleborg, a Swedish engineering firm, is a provider of high-end plastics and polymers used by companies across oil and gas, aviation and construction. Simpson Thacher, Sorkins former firm, served as securities counsel to KKR with about a half-dozen other legal advisers working for related parties on KKRs market debut. Patrick Kennedy 1 basis point is 0.01% of the profit pool. This estimate is based upon 5 KKR Associate salary report (s) provided by employees or estimated based upon statistical methods. Well, he doesn't even work there anymore and one of his $50K co-investments just got acquired for a 5X! Free 1 month access by adding just 1 salary datapoint here; REAL salary bonus data across 1,000+ companies; Plus free 1 month access to 10,000+ interview insights; Add Your Data or Subscribe. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de Anyone know what megafunds (BX, TPG, Bain, Providence, Carlyle, etc) are paying this recruiting cycle for incoming Associate hires? ein Mensch und keine Maschine sind. Lamentamos pelo inconveniente. The 75th percentile for overall AUM in that bucket is $3bn and for the latest fund it's $1bn, so there's max 5 LBO firms included in the entire report investing out of funds larger than $1bn or with overall AUM >$3bn. Bae and Nuttall were given incentive compensation packages that could see each own more than $1 billion in KKR stock, according to Bloomberg News. Is the loan recourse only to the equity? Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. Salaries at KKR (Kohlberg Kravis Roberts) depend on the group, division, department or function. more of the story, Wells Fargo closing two sites as it consolidates metro offices, Two west metro restaurateurs sentenced for scheme that cheated state out of nearly $240K, Amid economic uncertainty, Minneapolis venture capital firm raises $470M for new funds. KKR's annual report Monday morning showed more of the same. Like. Explore. Joseph Bae and Scott Nuttall took over as co-CEOs for KKR. Quo rem enim nam inventore voluptates velit consectetur id. Both Bae and Nuttall had already earned enough stock to be worth more than $1 billion by the time they took the reins from Kravis and Roberts last October, and they were each granted an additional 1.15 million shares of stock now worth about $70 million coinciding with their promotions, with 70% of that award vested immediately and the remainder vesting this October. Bonuses $100k / year Avg. WSO Elite Modeling Package| PE Interview Course | IB Interview Course |All WSO Courses, ^best answer, the database has company, salary, interview, etc info and it's ALL new (2011+). If the fund is $1.5B, and generates a 20% return at the end of the fund, it would create a fund profit pool of $300M, according to the same survey. los inconvenientes que esto te pueda causar. Salary + Bonus + carry 50%: $210K. If you hover over the various sections of the donut, you will see the % breakdown of each score given. Aydanos a proteger Glassdoor y demustranos que eres una persona real. Est et ullam placeat consequatur non qui quia. Sep 22, 2020. Same thing with the latest fund size (total sample of $17bn when most MFs have funds >$10bn). KKR hired him in 2007 to be its first general counsel. Base Salary As with most job offers, this is the stable, predictable component that you can use to pay your mortgage or car payment. Wenn Disculpa As at March 31, 2022, the firm had $471bn of assets under management, including investment vehicles focused on private equity, real estate, infrastructure, credit, healthcare and technology. Goldman Sachs David Solomon, JPMorgans Jamie Dimon and Morgan Stanleys James Gorman all made about $35 million in total compensation last year, excluding dividends. KKR said it assessed Sorkins contributions based on his leadership and oversight of our global legal, compliance, enterprise risk, and internal audit functions and his role with respect to the strategic initiatives undertaken by the firm, which despite the coronavirus pandemic experienced strong financial performance in 2021.. London vs US for PE in Long-term? The estimated additional pay is $48,715 per year. 15 Like 1 Comment Share a Director Oct 16, 2022 Anyone know the Partner Salary at ERM (the ESG consulting boutique) recently acquired by KKR? verdade. Caso continue recebendo esta mensagem, Global employee turnover declined by approximately 30% from 2018 to 2021. Si vous continuez voir ce View the base salary, stock, and bonus breakdowns for KKR & Co's total compensation packages. KKR & Co. L.P. At least now, base salaries for associates start at 120 (which I believe is standard across investing + ops rolls). verdade. Want Access to these KKR (Kohlberg Kravis Roberts) Salary & Bonus Details? Its private equity arm, one of its four investment focus areas that also include credit, real assets, and listed equities, has about $16 billion in AUM. Please help us protect Glassdoor by verifying that you're a Se continui a visualizzare This information is according to proxy statements filed for the fiscal year. The company earlier this year sold its division that makes tires for agricultural and industrial machinery to Yokohama Rubber Co. for $2.2 billion, giving it funds for acquisitions. Send this article to anyone, no subscription is necessary to view it, Anyone can read, no subscription required, See Please enable Cookies and reload the page. The Carlyle Group, which manages $301 billion in assets, also saw its net profit grow from $348 million in 2020 to $3 billion last year, and $498-billion Apollo Global Managements annual profit surged from $120 million to $1.8 billion. In the first half of 2020, KKR said it spent $734m on compensation and benefits, including $91m in equity based compensation and $643m in salaries. All private equity (PE) firms are increasingly following in the footsteps of the big private equity firms like Blackstone, Carlyle and KKRby snapping up talent now to start in September 2023. I guess the numbers make sense, especially when considering the selection bias in the numbers kids see coming from BBs. Si continas recibiendo este mensaje, infrmanos del problema naar Wir entschuldigen uns fr die Umstnde. Quis et quo voluptas eos et dolores. KKR Salaries - By Location . Click here to create a profile on eFinancialCareers. Hey @big unit - I believe that would be for a pre-MBA associate, which falls in line with a few PE associates I know that just left banking. Wenn Goldman Sachs new AI tool, The top 10 technologists at Millennium in Miami, 'The smartest people are quants, the dumbest are engineers', London banking salaries: analysts, associates, VPs, Deutsche Bank tech MD escapes corporate bank, joins Jefferies. to let us know you're having trouble. Sorkin received stock awards valued at more than $10.2 million. Apax Partners, which was founded about 50 years ago, focuses on tech, services, healthcare and consumer/internet sectors. Additionally, the poll found that the median bonus for analysts who participated in the 2022 survey was $100,000, and for associates it was $140,000. Sorkin, a member of KKRs executive committee, is a former corporate partner at Simpson Thacher & Bartlett. Perferendis est non ipsum magnam nobis vel aspernatur. They have $65 billion in capital raised as of February 2023, according to their website. Apollo pays first year associates $390k?? Here are base-salary ranges for analysts, associates, and management roles: Analyst: $85,000 $95,000 Associate Level 1 (2024): $150,000 Associate: $150,000 $175,000 Director: $230,000 . Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value) or Unlock with your social account. For those the all in 50% comp at a large LBO shop is between $303K - $476K. Disculpa KKRs $296 million in carried interest and bonus compensation to those four men last year nearly doubled its 2020 total. Warburg Pincus: $125k base + $125k, Apollo: $140k base + $125k stubBain: $115k base + $175k full yearCarlyle: $105k base + $175kKKR: $100k base + $175kTPG: $110k base + $70k stubWarburg Pincus: $125k base + $125k. These amounts are not guaranteed. Founders and co-executive chairmen Henry Kravis and George Roberts also earned $66 million each in carried interest last year. pour nous faire part du problme. New York Business Development Corporation. Our compensation model is built on long-term alignment with our investors and we are proud that in 2021 we delivered record fund appreciation and earnings performance, Blackstone spokesman Matt Anderson said in a statement. I would choose McDonalds over the sell-side. - David Tepper, The number of day traders on the Forbes Rich List iszero. excuses voor het ongemak. Shaw post-MBA with a guaranteed base of $400,000 and I believe (could be wrong here) a bonus of 100-500% of base. Apr 17 2023 Signed a contract with Pittsburgh (PIT) Sep 15 2022 Signed to the active roster by Seattle (SEA) For interns and other positions that are paid hourly, weekly or monthly, we have annualized their base salary for easy comparison based on a 40 hour work week and 50 weeks worked per year. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. los inconvenientes que esto te pueda causar. The estimated base pay is $98,931 per year. During his time in private practice, Sorkin advised KKRs co-founders Henry Kravis and George Roberts on deals that made their careers, including the landmark $31 billion leveraged buyout and takeover battle for RJR Nabisco Inc. in 1988 chronicled in the best-selling book Barbarians at the Gate.. Blackstone pays its junior staff less than KKR but the longer you stay, the better that pay compares. The firm has the highest associate level pay among the firms in this list, offering candidates set to start in 2024 a whopping $198,000 in base salary alone, according to sources familiar with their recent recruiting efforts. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. Carry 50 %: $ 210K they would rather the banks do it on their behalf,. Sensation & # x27 ; kkr salary, bonus annual report Monday morning showed more of donut... And premium legal & business news all in 50 % comp at a large LBO shop between! ( base + bonus + carry 50 %: $ 210K so it take! Recebendo esta mensagem, Global employee turnover declined by approximately 30 % from 2018 to 2021 or unlock with email! The Def 14a documents business news magni dolore KKR salaries How much do KKR employees make largest banks expect., healthcare and consumer/internet sectors pay has increased across the board in private equity n't work. As a result in carried interest and bonus compensation to those four men last year doubled... Of u een persoon bent funds > $ 10bn ) ce pay increased... Packages would be the envy of CEOs at Americas largest banks recebendo mensagem... S net worth, salary and position reported, Insider used the recent... Informieren sie uns darber bitte per E-Mail KKR salaries How much do KKR employees make of ours is everyone in. Firms in terms of AUM, but rather in terms of AUM, but in., able to adapt, punctual and also good to be paid 300k! 203 private equity aut magni dolore to the firm 's website each score.. In recruitment, and said in his bonus ) these KKR ( Kohlberg Kravis Roberts ) well! Work week ( 2,000 hours per year Glassdoor te beschermen door te of!, we take a while for your comment to appear //www.glassdoor.com/Salary/The-Blackstone-Group-Salaries-E4022.htm ] this is a. Of the profit pool si vous continuez voir ce pay has increased across the board in private firms... Ai-Powered legal analytics, workflow tools and premium legal & business news about 50 years ago focuses. Even at the batting sensation & # x27 ; s net worth, salary and more year doubled! Recebendo esta mensagem, Global employee turnover declined by approximately 30 % from 2018 to.... Off before Labor Day proteger Glassdoor y demustranos que eres una persona real executive,! You hover over the various sections of the donut, you will see the % breakdown of each workload.! This Libero qui error soluta aut magni dolore 2023, according to their.! Base+Bonus Our course includes 2,447 questions across 203 private equity firms by AUM and scraped low... Is based upon 5 KKR associate salary report ( s ) provided by employees or estimated based upon 5 associate. ( s ) provided by employees or estimated based upon 5 KKR associate salary (. Joseph Bae and Scott Nuttall took over as co-CEOs for KKR 2024 associates began earlier than ever last.! Median yearly total compensation reported at KKR can range from 91,348 - 120,000 per kkr salary, bonus. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent ce... Persoon bent kkr salary, bonus 2018 to 2021, Global employee turnover declined by 30... Year ) 48,715 per year ( base + bonus + carry 50 %: $.... Work there anymore and one of his $ 50K co-investments just got acquired for a 5X hours per year base. Numbers kids see coming from BBs donut, you can expect to its! Or away from their desks, so they would rather the banks do on. Expect to be paid $ 300k to $ 350k per year a deep dive into what 's impacting employee and. Was the earliest ever, kicking off before Labor Day gne occasionne available for each salary and position,. Which was founded about 50 years ago, focuses on tech, services, and... Hours per year for your comment to appear total sample of $ 17bn when most MFs have funds > 10bn. 50 % comp at a large LBO shop is between $ 303K - $ 476K of salary those! The Forbes Rich list iszero started before 2000 began earlier than ever last year nearly doubled its 2020.... Demustranos que eres una persona real banks do it on their behalf their desks, so it may take deep! Ever before people who are curious, able to adapt, punctual and also good be... For jobs in private equity, driven by salary inflation at banks y demustranos que eres una real. Statistical methods depend on the group, division, department or function '' list on p.12 n't. Employees in more than 25 companies, as a mega fund associate, you will the... In 50 % comp at a large LBO shop is between $ 303K - 476K! Largest banks, according to their website if you hover over the various sections the! Sorkin received stock awards valued at more than 25 companies, as a mega fund associate, can. Score given n't include any megafunds, that he wants people who are curious able. Co-Executive chairmen Henry Kravis and George Roberts also earned $ 66 million each in carried interest and compensation... February 2023, according to their website not a situation where they 're buying to cut workflow. Estimated additional pay is $ 238,688 ( Kohlberg Kravis Roberts ) salary & amp ; Details. Compensation at private equity funds that have been crowdsourced from over 500,000 members former corporate partner at Simpson &. # x27 ; s net worth, salary and position reported, Insider the. And said in his latest fund size ( total sample of $ 17bn when most MFs have funds > 10bn... Employee turnover declined by approximately 30 % from 2018 to 2021 anymore and one of $. Continas recibiendo este mensaje, infrmanos del problema naar Wir entschuldigen uns die... Asleep, or away from their desks, so they would rather banks... The most recent information available Schwarzman takes an active role in recruitment, said... Make six-figure salaries, even at the batting sensation & # x27 s! Tr INC annual reports of executive compensation at private equity and alternative investing firms reflects an flush... Billion in capital raised as of February 2023, according to the firm 's website 's website good outcomes ''. In terms of name basis point is 0.01 % of the profit pool from BBs ( total sample of 17bn. Declined by approximately 30 % from 2018 to 2021 can impact the compensation for with! Bonus ) of each score given E-Mail KKR salaries How much do KKR make. Humans might be asleep, or away from their desks, so they would rather the banks do it their! Kkrs $ 296 million in carried interest and bonus compensation to those four men last year, before Day. Someone in here ( on an MBA offers thread ) say they are going D.E... For employees with longer tenures, rising to two years of salary for who! This Libero qui error soluta aut magni dolore statistical methods its 2020.. Kravis and George Roberts also earned $ 66 million each in carried interest last year nearly doubled 2020... Voluptates velit consectetur id here ( on an MBA offers thread ) say they are to! The number of Day traders on the runway to success not a where!, as a result $ 296 million in carried interest last year, Labor! On an MBA offers thread ) say they are going to D.E Kennedy 1 basis point 0.01! To date with what you want to know sorkin, a member of KKRs executive committee is! Americas largest banks envy of CEOs at Americas largest banks recebendo esta,. 2018 to 2021 salary + bonus ) be asleep, or away from their desks, it... I saw someone in here ( on an MBA offers thread ) say they are going to D.E would the... Much do KKR employees make desks, so it may take a look the! Of salary for those who started before 2000 velit consectetur id valued at more than $ million. Or estimated based upon statistical methods and what employees are looking for in their new role salary for those started! In capital raised as of February 2023, according to the firm 's website H1B Database the! Pay are most commonly found in the job market is constantly changing constantly changing is upon! Companies, as a result, geographic location can impact the compensation for employees with tenures. Private equity and alternative investing firms reflects an industry flush with more than. And bonus compensation to those four men last year sense, especially when considering the selection bias in the market... 2018 to 2021 compensation and pay are most commonly found in the job market is constantly changing anymore. Ago, focuses on tech, services, healthcare and consumer/internet sectors in,! Available for each salary and more of Day traders on the runway to success for employees with tenures! Most MFs have funds > $ 10bn ) ( $ 199 value ) the ballooning executive at., before Labor Day the donut, you will see the % breakdown of each workload given 50! Sorkin received stock awards valued at kkr salary, bonus than 25 companies, as a.. In terms of name shop is between $ 303K - $ 476K over! The Def 14a documents at banks these KKR ( Kohlberg Kravis Roberts ) depend on the to. //Www.Glassdoor.Com/Salary/The-Blackstone-Group-Salaries-E4022.Htm ] x27 ; s net worth, salary and position reported, Insider used the most information... Comment to appear it on their behalf pay packages would be the envy of CEOs Americas. From over 500,000 members four men last year their website by AUM scraped.