 Shadi, what trends are we seeing in the PE industry in the Middle East region? Have leadership needs and roles evolved in the last year? It's very interesting times for the Middle East in a similar fashion to what we're seeing in Asia-Pacific after the challenging year that the activity in the region is just showing an upward trend and it's indeed very promising. One of the major aspects is traditionally I've seen a lot of activity in healthcare education, financial technology over the years but now we see more interest in a wider variety of sectors. There's dominance for the public sector involvement and this to mean mainly through the sovereign wealth funds in the major countries here. This year has shown a significant comeback as well to a private sector privately held fund business compared to the previous year. So overall the picture is indeed promising and easier times for private equity funds in the region.