Investments

3 Months Ended

Mar. 31, 2020

Investments [Abstract]

Investments

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

	March 31, 2020		December 31, 2019
Investments of consolidated Funds held at fair value	$	107.6	$	119.5
Other investments held at fair value	69.3		95.5
Investments related to long-term incentive compensation plans held at fair value	89.3		88.8
Total investments held at fair value	266.2		303.8
Equity-accounted investments in Affiliates and consolidated Funds(1)	73.6		73.1
Total investments per Condensed Consolidated Balance Sheets	$	339.8	$	376.9

(1) Equity-accounted investments in consolidated Funds is comprised of Investments in partnership interests where a portion of return includes carried interest. These investments are accounted for within the scope of ASC 323, Investments - Equity Method and Joint Ventures because the Company has determined it has significant influence.

Investment income is comprised of the following for the three months ended March 31 (in millions):

	Three Months Ended March 31,
	2020			2019
Realized and unrealized gains (losses) on other investments held at fair value	$	(14.3	)	$	6.4
Investment return of equity-accounted investments in Affiliates	0.6			0.6
Total investment income (loss) per Condensed Consolidated Statements of Operations	$	(13.7	)	$	7.0

Investment gains (losses) on net consolidated funds is comprised of the following for the three months ended March 31 (in millions):

	Three Months Ended March 31,
	2020			2019
Realized and unrealized gains (losses) on consolidated Funds held at fair value	$	(17.2	)	$	13.6
Investment return of equity-accounted investments	—			—
Total net consolidated Funds’ investment gains (losses) per Condensed Consolidated Statements of Operations	$	(17.2	)	$	13.6