saw linda and praxair get chinese approval for their merger and french supermarket chain announced the sale of real estate, underlying some of its stores. joining us now is a partner at robeson grayave you both. good morning. . happy monday -- happy monday. let's look at the fourth quarter ahead. is it going to the a busy one for deals? >> absolutely. we've been incredibly busy through the year, inevitably a downtick, but it's gearing up. there's a number diversifying from the core business and out to infrastructure and real estate and credit. what are the challenges for a standard private equity firm into different asset classes? >> halfing for those that are the performances the have the strong brand, strong track record, they been moving into credit for some time. i think it's interesting to look at the drivers for that diversification, in particular for sponsored. the need to be relevant and to differentiate because it's a crowded marketplace. when we think about challenges, that needs to remain competitive and ahead of the game at all times. there is all going to be a challenge and a saturated market. we've seen with private equity firms their ability to do that and be creat