Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Assets
Investments	$ 139.7	$ 98.6
Total assets	555.2	611.4
Liabilities and stockholders’ equity
Operating lease liabilities	67.6
Total liabilities	559.0	561.9
Commitments and contingencies
Equity:
Total equity (deficit) and redeemable non-controlling interests in consolidated Funds	(3.8)	49.5
Total liabilities and equity	555.2	611.4
Consolidated Entity Excluding Consolidated Funds
Assets
Cash and cash equivalents	53.6	146.8
Investment advisory fees receivable	119.2	143.4
Income taxes receivable	5.3	2.7
Fixed assets, net	37.5	44.2
Right of use assets	52.7	57.2
Investments	68.5	64.7
Goodwill	20.3	20.3
Other assets	27.7	27.2
Deferred tax assets	77.8	69.7
Liabilities and stockholders’ equity
Accounts payable and accrued expenses	35.5	39.1
Accrued incentive compensation	84.0	101.3
Other compensation liabilities	87.6	67.5
Accrued income taxes	2.1	2.6
Operating lease liabilities	67.6	72.4
Other liabilities	0.5	0.8
Third party borrowings	274.2	273.9
Equity:
Common stock (par value $0.001; 37,315,894 and 41,372,291 shares, respectively, issued)	0.0	0.0
Additional paid-in capital	0.0	0.0
Retained earnings (deficit)	(14.0)	46.9
Accumulated other comprehensive loss	(3.9)	(6.7)
Consolidated Funds
Assets
Investments	71.2	33.9
Other assets	3.7	0.5
Cash and cash equivalents, restricted	17.7	0.8
Liabilities and stockholders’ equity
Accounts payable and accrued expenses	1.7	0.2
Derivative liabilities	0.1	0.1
Securities sold short	5.7	4.0
Redeemable non-controlling interests in consolidated Funds	$ 14.1	$ 9.3