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Related Party Transactions (Tables)
12 Months Ended
Dec. 31, 2024
Related Party Transactions [Abstract]  
Schedule of Related Party Transactions
Amounts due for investment advisory fee receivables from related parties were comprised of the following at December 31 (in millions):
 20242023
Investment advisory fee receivable from unconsolidated Funds(1)
$42.7 $21.2 
Total amounts due for investment advisory fee receivables from related parties$42.7 $21.2 
Related party transactions included in the Company’s Consolidated Statements of Operations for the years ended December 31 consisted of (in millions):
Revenues: 202420232022
Management fees from unconsolidated Funds(1)
$119.9 $86.5 $93.6 
Performance fees from unconsolidated Funds(1)
9.3 1.0 3.6 
Total related party revenues$129.2 $87.5 $97.2 
(1)Transactions with unconsolidated Acadian LLC-sponsored Funds are considered related party items on the basis of the Company’s significant influence over the activities of such entities in its capacity as investment advisor thereto. These transactions are comprised of fees for advisory services and investments in unconsolidated funds. See Note 4 “Fair Value Measurements” for more information on the investments in unconsolidated funds.