The Importance of Small Funds

Goldman Sachs raised a $20 billion buyout fund or something back in the day. So that's on the big side, and you can be a big generalist and probably still get away with it these days,. Because we just do really big deals, and there aren't a lot of us, so it's not super competitive. And then there's the argument for very small funds, which we would get into that category at our size. But I think size alone, again, isn't a differentiator.