Noncontrolling Interests

12 Months Ended

Nov. 30, 2016

Noncontrolling interests represent equity interests in consolidated subsidiaries, comprised primarily of asset management entities and investment vehicles set up for the benefit of our employees that are not attributable, either directly or indirectly, to us (i.e., minority interests). The following table presents noncontrolling interests at November 30, 2016 and 2015 (in thousands):



	November 30,
	2016		2015
Global Equity Event Opportunity Fund, LLC (1)	$	—	$	26,292
Other	651		1,176
Noncontrolling interests	$	651	$	27,468


(1)	The reduction is primarily related to the deconsolidation of the entity on December 1, 2015, due to the adoption of ASU No. 2015-02. (See Note 3, Accounting Developments, for further information on the adoption of this guidance.) No gain or loss was recognized upon deconsolidation. Noncontrolling interests attributed to Leucadia were $26.3 million at November 30, 2015.