39 unchanged sentences
Global Credit $ 132,924 75 %
−Removed: $ 59,694 97 %
Global Investment Solutions $ 43,521 97 %
−Removed: (1) Comprised of approximately $33.0 billion (100% Level III Investments) in our structured credit products, $10.5 billion (96% Level III Investments) in our carry funds, $10.3 billion (89% Level III Investments) in our managed accounts/other products, and $5.9 billion (94% Level III Investments) in our direct lending products.
Exchange Rate Risk
8 unchanged sentences
dollar, the impact on our consolidated results of operations for the year then ended would be as follows:
−Removed: (a) fund management fees would decrease by $42.8 million, (b) performance allocations would decrease by $173.6 million and (c) principal investment income would decrease by $6.2 million.
+Added: (a) fund management fees would decrease by $49.5 million, (b) performance allocations would decrease by $72.0 million and (c) principal investment income would remain flat.
Interest Rate Risk
6 unchanged sentences
We minimize our risk exposure by limiting the counterparties with which we enter into contracts to banks and investment banks who meet established credit and capital guidelines.
−Removed: not expect any counterparty to default on its obligations and therefore do not expect to incur any loss due to counterparty default.
+Added: We do not expect any counterparty to default on its obligations and therefore do not expect to incur any loss due to counterparty default.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.