Related Parties

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 $16,359 and $22,309 as of December 31, 2018 and 2017, respectively.

The Company had $6,700 in subordinated borrowings with an executive officer of the Company as of December 31, 2017. In March 2018, the Company repaid all of these borrowings. See Note 13 for further information.

Receivable from Employees and Related Parties on the Consolidated Statements of Financial Condition consisted of the following at December 31, 2018 and 2017:



	December 31,
	2018		2017
Advances to Employees	$	22,889	$	15,930
Personal Expenses Paid on Behalf of Employees and Related Parties	692		766
Reimbursable Expenses Relating to the Private Equity Funds	255		334
Receivable from Employees and Related Parties	$	23,836	$	17,030

Payable to Employees and Related Parties on the Consolidated Statements of Financial Condition consisted of the following at December 31, 2018 and 2017:



	December 31,
	2018		2017
Board of Director Fees	$	566	$	350
Amounts Due to U.K. Members	22,167		17,996
Amounts Due Pursuant to Tax Receivable Agreements^(a)	9,161		12,821
Payable to Employees and Related Parties	$	31,894	$	31,167


(a)	Relates to the current portion of the Member exchange of Class A LP Units for Class A Shares. The long-term portion of $94,411 and $90,375 is disclosed in Amounts Due Pursuant to Tax Receivable Agreements on the Consolidated Statements of Financial Condition at December 31, 2018 and 2017, respectively.