Accrued Performance Fees (Tables)

12 Months Ended

Dec. 31, 2012

Components of Accrued Performance Fees

The components of accrued performance fees are as follows:

	As of December 31,
	2012		2011
	(Dollars in millions)
Corporate Private Equity	$	1,667.3	$	1,599.2
Global Market Strategies		69.5		170.0
Real Assets		250.1		270.9
Solutions		205.6		149.0
Total	$	2,192.5	$	2,189.1

Components of Accrued Giveback Obligations

The components of the accrued giveback obligations are as follows:

	As of December 31,
	2012			2011
	(Dollars in millions)
Corporate Private Equity	$	(18.9	)	$	(77.8	)
Global Market Strategies		(2.1	)		(1.2	)
Real Assets		(48.2	)		(57.5	)
Total	$	(69.2	)	$	(136.5	)

Performance Fees

The performance fees included in revenues are derived from the following segments:

	Year Ended December 31,
	2012		2011			2010
			(Dollars in millions)
Corporate Private Equity	$	786.1	$	845.8		$	1,259.0
Global Market Strategies		99.6		145.9			144.6
Real Assets		90.7		150.4			78.4
Solutions		64.7		(20.5	)		—
Total	$	1,041.1	$	1,121.6		$	1,482.0