rs 4Q'15 Fl"1.5 $752mm 30in in S3.2bn S2.5bn SI.7bn Inflmvs Deployment [ Realizations $357mm Performance"' 4.6% 16.3% $11 billion AUM ell Repretems grass return for U.S Real Estate Fundl including 02-INWSIMCIll capital 4015 and F1•'15 net rearm for U.S. Real Evutte Fund !were 3.0% and 110% tr.vpe