Related Parties

Investment Management Revenue includes income from related parties earned from the Company's private equity funds for portfolio company fees, management fees, expense reimbursements and realized and unrealized gains and losses of private equity fund investments. Total Investment Management revenues from related parties amounted to ($101), $10,170 and $8,876 for the years ended December 31, 2017, 2016 and 2015, respectively.

Investment Banking Revenue includes advisory fees earned from clients that have a Senior Managing Director as a member of their Board of Directors of $13,312 for the year ended December 31, 2016.

Other Assets on the Consolidated Statements of Financial Condition includes the long-term portion of loans receivable from certain employees of $22,309 and $17,862 as of December 31, 2017 and 2016, respectively.

The Company had $6,799 and $16,550 in subordinated borrowings, principally with an executive officer of the Company, as of December 31, 2017 and 2016, respectively. In February and April 2017, the Company repaid $6,000 and $3,751, respectively, of the original borrowings. See Note 12 for further information.

Receivable from Employees and Related Parties on the Consolidated Statements of Financial Condition consisted of the following at December 31, 2017 and 2016:



	December 31,
	2017		2016
Advances to Employees	$	15,930	$	14,418
Personal Expenses Paid on Behalf of Employees and Related Parties	766		371
Reimbursable Expenses Relating to the Private Equity Funds	334		245
Receivable from Employees and Related Parties	$	17,030	$	15,034

Payable to Employees and Related Parties on the Consolidated Statements of Financial Condition consisted of the following at December 31, 2017 and 2016:



	December 31,
	2017		2016
Board of Director Fees	$	350	$	300
Amounts Due to U.K. Members	17,996		14,865
Amounts Due Pursuant to Tax Receivable Agreements^(a)	12,821		12,201
Payable to Employees and Related Parties	$	31,167	$	27,366


(a)	Relates to the current portion of the Member exchange of Class A LP Units for Class A Shares. The long-term portion of $90,375 and $174,109 is disclosed in Amounts Due Pursuant to Tax Receivable Agreements on the Consolidated Statements of Financial Condition at December 31, 2017 and 2016, respectively.