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Segments - Reconciling Adjustments (Details)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
USD ($)
segment
Jun. 30, 2019
USD ($)
segment
Jun. 30, 2020
USD ($)
segment
Jun. 30, 2019
USD ($)
segment
Segment Reporting Information [Line Items]        
Number of reportable segments (in segments) | segment 3 3 3 3
ENI revenue $ 174.7 $ 207.1 $ 357.3 $ 414.3
ENI operating expenses 90.4 97.7 143.0 170.8
Earnings before variable compensation 84.3 109.4 214.3 243.5
Variable compensation 47.1 49.0 93.2 101.7
ENI operating earnings (after variable comp) 37.2 60.4 121.1 141.8
Affiliate key employee distributions 11.0 13.8 20.8 27.2
Earnings after Affiliate key employee distributions 26.2 46.6 100.3 114.6
Net interest expense (7.2) (8.5) (14.7) (14.4)
Net investment income 42.2 (2.4) 11.3 18.2
Net income (loss) attributable to non-controlling interests in consolidated Funds (35.0) 6.4 (24.5) (2.0)
Income tax (expense) benefit (7.3) (14.1) (20.9) (35.7)
Economic net income 18.9 28.0 51.5 80.7
Reconciling Adjustments        
Segment Reporting Information [Line Items]        
ENI revenue 2.2 2.5 4.2 4.0
ENI operating expenses 16.4 14.7 (12.2) (0.7)
Earnings before variable compensation (14.2) (12.2) 16.4 4.7
Variable compensation 7.7 0.6 14.1 4.6
ENI operating earnings (after variable comp) (21.9) (12.8) 2.3 0.1
Affiliate key employee distributions 0.0 0.0 0.0 0.0
Earnings after Affiliate key employee distributions (21.9) (12.8) 2.3 0.1
Net interest expense (1.6) (2.3) (3.5) (4.7)
Net investment income 42.2 (2.4) 11.3 18.2
Net income (loss) attributable to non-controlling interests in consolidated Funds (35.0) 6.4 (24.5) (2.0)
Income tax (expense) benefit 2.3 (1.9) (1.3) (11.1)
Economic net income (14.0) (13.0) (15.7) 0.5
Quant & Solutions        
Segment Reporting Information [Line Items]        
ENI revenue 82.8 93.7 168.9 184.2
ENI operating expenses 35.0 39.7 72.1 79.6
Earnings before variable compensation 47.8 54.0 96.8 104.6
Variable compensation 17.7 20.0 34.7 38.7
ENI operating earnings (after variable comp) 30.1 34.0 62.1 65.9
Affiliate key employee distributions 1.3 1.6 2.1 2.6
Earnings after Affiliate key employee distributions 28.8 32.4 60.0 63.3
Net interest expense 0.0 0.0 0.0 0.0
Net investment income 0.0 0.0 0.0 0.0
Net income (loss) attributable to non-controlling interests in consolidated Funds 0.0 0.0 0.0 0.0
Income tax (expense) benefit 0.0 0.0 0.0 0.0
Economic net income 28.8 32.4 60.0 63.3
Alter-natives        
Segment Reporting Information [Line Items]        
ENI revenue 42.5 44.3 84.4 88.3
ENI operating expenses 15.7 15.6 32.3 33.3
Earnings before variable compensation 26.8 28.7 52.1 55.0
Variable compensation 9.7 10.4 18.9 20.2
ENI operating earnings (after variable comp) 17.1 18.3 33.2 34.8
Affiliate key employee distributions 6.9 6.4 12.7 12.1
Earnings after Affiliate key employee distributions 10.2 11.9 20.5 22.7
Net interest expense 0.0 0.0 0.0 0.0
Net investment income 0.0 0.0 0.0 0.0
Net income (loss) attributable to non-controlling interests in consolidated Funds 0.0 0.0 0.0 0.0
Income tax (expense) benefit 0.0 0.0 0.0 0.0
Economic net income 10.2 11.9 20.5 22.7
Liquid Alpha        
Segment Reporting Information [Line Items]        
ENI revenue 47.1 66.5 99.6 137.6
ENI operating expenses 17.4 19.9 37.2 41.4
Earnings before variable compensation 29.7 46.6 62.4 96.2
Variable compensation 11.2 15.7 23.7 32.6
ENI operating earnings (after variable comp) 18.5 30.9 38.7 63.6
Affiliate key employee distributions 2.8 5.8 6.0 12.5
Earnings after Affiliate key employee distributions 15.7 25.1 32.7 51.1
Net interest expense 0.0 0.0 0.0 0.0
Net investment income 0.0 0.0 0.0 0.0
Net income (loss) attributable to non-controlling interests in consolidated Funds 0.0 0.0 0.0 0.0
Income tax (expense) benefit 0.0 0.0 0.0 0.0
Economic net income 15.7 25.1 32.7 51.1
Other        
Segment Reporting Information [Line Items]        
ENI revenue 0.1 0.1 0.2 0.2
ENI operating expenses 5.9 7.8 13.6 17.2
Earnings before variable compensation (5.8) (7.7) (13.4) (17.0)
Variable compensation 0.8 2.3 1.8 5.6
ENI operating earnings (after variable comp) (6.6) (10.0) (15.2) (22.6)
Affiliate key employee distributions 0.0 0.0 0.0 0.0
Earnings after Affiliate key employee distributions (6.6) (10.0) (15.2) (22.6)
Net interest expense (5.6) (6.2) (11.2) (9.7)
Net investment income 0.0 0.0 0.0 0.0
Net income (loss) attributable to non-controlling interests in consolidated Funds 0.0 0.0 0.0 0.0
Income tax (expense) benefit (9.6) (12.2) (19.6) (24.6)
Economic net income $ (21.8) $ (28.4) $ (46.0) $ (56.9)