“But right now, we feel very comfortable with being able to fund within the operating entities, what's needed to successfully grow this business.”

In context

“more capital? Or is that business sort of self-funding at this point? John McCallion: Suneet, this is John. I'll maybe just take it at a high level and maybe touch on -- I referenced in my opening remarks a slight decline in STACK capital. If you think about that, it was about 2%. Part of that -- most of that I'd say was attributable to the large deal we did in the third quarter and the related capital strain, offset by some capital generation as well as we also updated some of our latest estimates on the net positive impact from the C2 updates around mortality and morbidity. So net-net, I think overall, we've been able to self-fund our record years to date. Now your question on the outlook. I think everything is dependent. I mean, volume is a dependent factor in answering that question. But right now, we feel very comfortable with being able to fund within the operating entities, what's needed to successfully grow this business. Suneet Kamath: Okay, got it. And then I guess for Steve, on VII, any thoughts on kind of fourth quarter? And then also as we think about longer term, given kind of higher rates in volatile markets, any change to kind of the longer-term thought around what the returns of this portfolio could be? Steven Goulart: I'd say probably several points just thinking about VII and specifically, the alternatives portfolio. First is just remember our guidance. We've been very consistent for several years in that. 12% is our expectation every year when we're going to planning, 3% a quarter. And I'd say that even now looking forward to the last part of your question, I wouldn't anticipate that changing. That's just how we think about this portfolio. The second thing is really our experience. And we've ta”