Related Party Transactions (Tables)

12 Months Ended

Dec. 31, 2024

Schedule of Revenues for Services Provided or Related to the Mutual Funds

Revenues for services provided or related to the mutual funds are as follows:


	Years Ended December 31
	2024			2023			2022
	(in thousands)
Investment advisory and services fees		$	1,597,253		$	1,377,916		$	1,452,885
Distribution revenues		711,156			575,647			590,580
Shareholder servicing fees		80,947			76,440			79,167
Other revenues		7,400			9,398			8,366
		$	2,396,756		$	2,039,401		$	2,130,998

Schedule of Consolidated Financial Statements for Transactions with Related Parties

Aggregate amounts included in the consolidated financial statements for transactions with EQH and its subsidiaries, as of and for the years ended December 31, are as follows:


	Years Ended December 31
	2024			2023			2022
	(in thousands)
Revenues:
Investment advisory and services fees		$	180,511		$	165,748		$	148,377
Other revenues		566			617			688
		$	181,077		$	166,365		$	149,065
Expenses:
Commissions and distribution payments to financial intermediaries		$	3,645		$	3,492		$	3,897
General and administrative		2,362			2,909			2,882
EQH Facility Interest		25,976			37,304			11,372
Other		3,469			2,949			2,697
		$	35,452		$	46,654		$	20,848
Statement of Financial Condition:
Institutional investment advisory and services fees receivable		$	35,515		$	9,055
Prepaid expenses		543			709
Other due (to) from EQH and its subsidiaries		(2,800)			4,719
EQH Facility		(710,000)			(900,000)
		$	(676,742)		$	(885,517)