The Importance of M&A in the Alternatives Industry

M&A is not something that many people would typically think about in the alternatives industry. But lately over the last three, four, five years we've seen an unprecedented pickup in M&A activity. We want to first of all strategic fit either geographically or product wise could be an extension as well like real estate cultural fit you know probably actually most important. The third one was also very important that's performance that we wanted to bring high performing teams into EKT so we keep that intense focus on performance that we want to have. So those are kind of the three factors that we are looking at and then when we're now looking to the future we have an organic growth strategy and we have