Condensed Consolidated Statements of Operations - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Revenue:
Total revenue	$ 167.0	$ 119.9
Operating expenses:
Total operating expenses	125.1	88.0
Operating income	41.9	31.9
Non-operating income and (expense):
Investment income	0.1	0.3
Interest income	0.9	1.1
Interest expense	(3.4)	(4.8)
Total non-operating income (loss)	(4.3)	0.2
Income before income taxes	37.6	32.1
Income tax expense	13.2	8.3
Consolidated net income	24.4	23.8
Net income attributable to redeemable non-controlling interests in consolidated Funds	0.1	3.7
Net income attributable to controlling interests	$ 24.3	$ 20.1
Earnings per share (basic) attributable to controlling interests (in dollars per share)	$ 0.68	$ 0.54
Earnings per share (diluted) attributable to controlling interests (in dollars per share)	$ 0.68	$ 0.54
Weighted average common stock outstanding (in shares)	35,696,112	37,362,476
Weighted average diluted common stock outstanding (in shares)	35,755,671	37,380,535
Management fees
Revenue:
Total revenue	$ 159.3	$ 112.9
Consolidated Entity Excluding Consolidated Funds
Operating expenses:
Compensation and benefits	96.0	60.8
General and administrative expense	24.9	22.3
Depreciation and amortization	3.6	4.2
Non-operating income and (expense):
Investment income	0.1	0.3
Interest income	0.9	1.1
Interest expense	(3.4)	(4.8)
Consolidated net income	24.4	23.8
Consolidated Entity Excluding Consolidated Funds | Management fees
Revenue:
Total revenue	159.3	112.9
Consolidated Entity Excluding Consolidated Funds | Performance fees
Revenue:
Total revenue	5.7	5.3
Consolidated Funds
Revenue:
Total revenue	2.0	1.7
Operating expenses:
Total operating expenses	0.6	0.7
Non-operating income and (expense):
Net consolidated Funds’ investment gains (losses)	(1.9)	3.6
Net income attributable to redeemable non-controlling interests in consolidated Funds	$ 0.1	$ 3.7