Defined contribution, real assets and real estate lead year-over-year jump in hires

Total hire activity was up 16.9% year over year, but was off from a brisk pace in the third quarter of 2012. Defined contribution, real assets and real estate led increases year over year. BlackRock Inc. had the most defined contribution hires in the fourth quarter with four. EnCap Investments Energy Capital Fund IX received seven commitments for a total of $293 million in the quarter.

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