Other Investments (Tables)

3 Months Ended

Mar. 31, 2015

Other Investments

Summary of investments by fund type

(in thousands)	March 31,		December 31,
Fund Type	2015		2014
Private equity and venture capital	$	18,095	$	18,605
Real estate	7,320		7,081
Hedge	1,168		1,668
Other (1)	2,605		1,858
Total	$	29,188	$	29,212

(1) Includes direct investments in a limited number of start-up companies.

Schedule of private equity and alternative investments measured at fair value on a nonrecurring basis

The table below provides information as of March 31, 2015 on private equity and alternative investments measured at fair value on a nonrecurring basis due to the recognition of impairment:

(in thousands) Fund Type	Fair Value		Unfunded Commitments		Redemption Frequency	Redemption Notice Period
Private equity and venture capital	$	328	$	179	None (1)	N/A
Other investments	750		—		None	N/A
Total	$	1,078	$	179

(1) Funds make periodic distributions of income but do not permit redemptions prior to the end of the investment term.