Investments

9 Months Ended

Sep. 30, 2025

Investments [Abstract]

Investments

Investments

Investments are comprised of the following as of the dates indicated (in millions):

	September 30, 2025		December 31, 2024
Investments of consolidated Funds	$	181.7	$	154.0
Other investments	3.4		19.4
Investments related to long-term incentive compensation plans	37.4		48.5
Total investments per Condensed Consolidated Balance Sheets	$	222.5	$	221.9

For the three months ended September 30, 2025 and 2024, the unrealized gain (loss) recognized for other investments held at the end of period was $0.0 million and $1.2 million, respectively. For the nine months ended September 30, 2025 and 2024, the unrealized gain recognized for other investments held at the end of period was $0.1 million and $2.2 million, respectively.

For the three months ended September 30, 2025 and 2024, the unrealized gain (loss) recognized for investments of consolidated Funds held at the end of period was $13.3 million and $3.2 million, respectively. For the nine months ended September 30, 2025 and 2024, the unrealized gain recognized for investments of consolidated Funds held at the end of period was $28.8 million and $3.7 million, respectively.