Risk Factors Update Summary

• Carried interest distributions may decrease in difficult economic environments, impacting value realization.
• Increased scrutiny on ESG investing practices by regulators and stockholder advisory firms may impact operations.
• Competitors' success in deploying new products and technology may limit investment opportunities.
• The company increased its share repurchase authorization from $115 million to $140 million.
• Potential challenges in fundraising environment may lead to decreased availability of financing.
• The SEC proposed rules for enhanced climate-related disclosures, potentially increasing legal and compliance costs.
• Increased regulatory focus on cybersecurity and data protection poses operational and reputational risks.
• Proposed rules on cybersecurity and data protection could increase compliance costs and liabilities.
• Changes in privacy laws and regulations may increase compliance costs and operational complexity.
• Regulatory changes could impact compliance burdens, operational costs, and fundraising efforts.