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Investments in unconsolidated entities (Tables)
12 Months Ended
Dec. 31, 2021
Investments, Debt and Equity Securities [Abstract]  
Schedule of other long-term investments
The following table presents the components of other long-term investments as of December 31, 2021 and December 31, 2020:
December 31,
2021
December 31, 2020
Equity method eligible entities, at fair value (1) (3)
$258.1 $— 
Other unconsolidated investments, at fair value (2)
198.0 4.0 
Total other long-term investments
$456.1 $4.0 
(1)There were no investments accounted for using the equity method as of December 31, 2021 and December 31, 2020.
(2)Includes other long-term investments that are not equity method eligible.
(3)The above table excludes the Company’s investments in TP Enhanced Fund and TP Venture Fund which are equity method eligible but are carried outside of other long-term investments. See Notes 8 and 12 for additional information on these funds.
Schedule of significant equity method investees under fair value option The following table presents the Company’s significant equity method investee entities under fair value option in which it holds 20 percent or more (5 percent or more for limited partnerships and limited liability companies) of the ownership interest as of December 31, 2021:
December 31, 2021
InvesteeFair valueOwnership interestInstrument held
BE Reinsurance Limited$15.2 24.9 %Common shares
BioVentures Investors (Offshore) IV LP16.6 73.0 %Units
Vyrd Holdings LLC23.0 45.0 %Units
Diamond LS I LP7.1 15.3 %Units
Gateway Fund LP4.0 18.1 %Units
Monarch Alternative Capital, LP5.7 12.8 %Units
New Energy Capital Infrastructure Credit Fund LP20.1 18.3 %Units
New Energy Capital Infrastructure Offshore Credit Fund LP13.4 12.2 %Units
Great Bay LLC1.0 11.1 %Units
Parameter Climate Inc.3.7 49.0 %Preferred shares
Tuckerman Capital V LP11.3 42.1 %Units
Tuckerman Capital V Co-Investment I LP$8.6 47.3 %Units
(1)The above table excludes the Company’s investments in TP Enhanced Fund and TP Venture Fund. See Notes 8 and 12 for additional information.