Related Party Transactions (Tables)

9 Months Ended

Aug. 31, 2019

Related Party Transactions [Abstract]

Schedule of related party transactions

We provide services to and receive services from Jefferies under service agreements (in millions):

	Three Months Ended   August 31,				Nine Months Ended   August 31,
	2019		2018		2019		2018
Charges to Jefferies for services provided	$	9.8	$	15.8	$	36.1	$	46.1
Charges from Jefferies for services received	6.4		2.2		7.8		6.9

• We provide capital markets and asset management services to Jefferies and its affiliates. The following table presents the revenues earned by type of services provided (in millions):

	Three Months Ended   August 31,				Nine Months Ended   August 31,
	2019		2018		2019		2018
Investment banking	$	2.4	$	5.6	$	10.3	$	5.6
Commissions and other fees	—		0.1		0.3		0.5
Principal transactions	—		—		—		0.1
Other revenues	1.1		0.3		2.0		0.7

• Receivables from and payables to Jefferies, included in Other assets and Accrued expenses and other liabilities, respectively, in our Consolidated Statements of Financial Condition:

	August 31,   2019		November 30, 2018
Receivable from Jefferies	$	2.1	$	1.2
Payable to Jefferies	8.7		2.9

Net gains on our investments in these hedge funds, which are included in Principal transactions revenues in our Consolidated Statements of Earnings (in millions):

	Three Months Ended   August 31,				Nine Months Ended   August 31,
	2019		2018		2019		2018
Net gains on our investments	$	1.0	$	0.5	$	3.3	$	5.0