INVESTMENTS (Tables)

9 Months Ended

Sep. 30, 2020

Investments in and Advances to Affiliates [Abstract]

Summary of investments held

The Company’s investments are comprised of the following:

					Percentage of total investments as of
	September 30,		December 31,		September 30,		December 31,
	2020		2019		2020		2019
Equity method investments:
Equity method private investment partnership interests - principal (1)	$	348,553	$	390,407	21.8	%	23.5	%
Equity method - carried interest (1)	1,063,570		1,134,967		66.4		68.2
Equity method private investment partnership interests and other (held at fair value)(1)	90,408		51,528		5.6		3.1
Equity method private investment partnership interests and other(1)	22,811		16,536		1.4		1.0
Total equity method investments	1,525,342		1,593,438		95.2		95.8
Collateralized loan obligations (2)	26,411		22,265		1.6		1.3
Other fixed income	49,203		46,918		3.1		2.8
Collateralized loan obligations and other fixed income, at fair value	75,614		69,183		4.7		4.1
Common stock, at fair value	960		1,043		0.1		0.1
Total investments	$	1,601,916	$	1,663,664

(1)Investment or portion of the investment is denominated in foreign currency and is translated into U.S. dollars at each reporting date.

(2)As of September 30, 2020, includes $2.9 million of collateralized loan obligations that are attributable to the Crestline Denali Class B membership interests.

Investments held in the Consolidated Funds are summarized below:

	Fair Value at				Percentage of total investments as of
	September 30,		December 31,		September 30,		December 31,
	2020		2019		2020		2019
Fixed income investments:
Bonds	$	331,228	$	212,376	3.2	%	2.4%
Loans	9,917,197		8,062,740		93.5		92.4
Investments in CLO warehouse	—		44,435		—		0.5
Total fixed income investments	10,248,425		8,319,551		96.7		95.3
Equity securities	47,197		112,384		0.4		1.3
Partnership interests	309,234		296,012		2.9		3.4
Total investments, at fair value	$	10,604,856	$	8,727,947