(Bloomberg) -- KKR & Co. deployed a record amount of money in new investments in the third quarter as assets soared and the dealmaker pushed deeper into technology-related bets. 

The alternative asset manager committed $24.4 billion across industries, according to a statement Tuesday. That exceeded the prior high reached in the second quarter.

The firm almost hit another milestone, taking in $28.3 billion in new capital in the three-month period. That brings the total for the year to $101.7 billion, putting KKR ahead of its capital-raising goal. About 40% of the quarterly inflows in private markets came from real estate. 

Assets under management almost doubled from a year earlier to a record $459.1 billion as the firm pushed beyond traditional private equity and moved further into technology and other thematic investments. Deals closed in the quarter included the acquisitions of infrastructure firm John Laing Group Plc and Atlantic Aviation.

“We remain highly thematic,” KKR Chief Financial Officer Rob Lewin said in an interview. “Technology, software and data remain areas of focus across private equity, real estate, infrastructure and credit.”

Lewin also said the firm is taking advantage of opportunities to focus on some more cyclically-sensitive businesses.

Last month, New York-based KKR went through a leadership change with founders Henry Kravis and George Roberts elevating Scott Nuttall and Joe Bae to co-chief executive officers. Kravis and Roberts will serve as co-executive chairmen.

KKR rose 1.1% to $78.47 at 9:46 a.m. in New York on Tuesday. The shares have surged 92% this year through Monday. 

Read more: Kravis Signs Off as Next Generation Rises in Private Equity

Other earnings highlights: 

  • Distributable earnings of $1.05 a share beat the average analyst estimate of 94 cents, according to a Bloomberg survey. Fee-related earnings hit a record 60 cents a share.
  • KKR saw gains across its funds in the quarter, led by opportunistic real estate at 14%, and followed by private equity at 9%
  • Dry powder stood at $111 billion, up 65% from the year prior
  • Fee-paying assets rose to $349.1 billion, up 97% from a year ago.

(Updates with additional CFO comments in the sixth paragraph.)

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