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Offsetting Assets and Liabilities
 12 Months Ended
Dec. 31, 2025
Offsetting [Abstract]  
Offsetting Assets and Liabilities Offsetting Assets and Liabilities
See Note 15, Consolidated Company-Sponsored Investment Funds, for disclosure of offsetting assets and liabilities of our consolidated company-sponsored investment funds.
Offsetting of assets as of December 31, 2025 and 2024 was as follows:
Gross
Amounts of
Recognized
Assets		Gross
Amounts
Offset in the
Statement
of Financial
Condition		Net
Amounts of
Assets
Presented in
the
Statement of
Financial
Condition		Financial
Instruments Collateral		Cash
Collateral		Net
Amount
(in thousands)
December 31, 2025
Securities borrowed$14,689 $— $14,689 $(14,539)$— $150 
Derivatives12,985 — 12,985 — (5,547)7,438 
December 31, 2024
Securities borrowed$1,144 $— $1,144 $(1,044)$— $100 
Derivatives20,941 — 20,941 — (10,357)10,584 
Offsetting of liabilities as of December 31, 2025 and 2024 was as follows:
Gross
Amounts of
Recognized
Liabilities		Gross
Amounts
Offset in the
Statement
of
Financial
Condition		Net
Amounts
of Liabilities
Presented in
the
Statement
of Financial
Condition		Financial
Instruments Collateral		Cash
Collateral		Net
Amount
(in thousands)
December 31, 2025
Securities loaned$51,488 $— $51,488 $(50,170)$1,318 
Derivatives17,615 — 17,615 — (10,293)7,322 
December 31, 2024
Derivatives14,944 — 14,944 — (5,188)9,756 
Cash collateral, whether pledged or received on derivative instruments, is not considered material and, accordingly, is not disclosed by counterparty.