Redeemable Noncontrolling Interests (Tables)

9 Months Ended

Sep. 30, 2025

Noncontrolling Interest [Abstract]

Schedule of Redeemable Noncontrolling Interest

Redeemable noncontrolling interests for the nine months ended September 30, 2025 included the following amounts:

	Redeemable Noncontrolling Interests
(in thousands)	CIP		Investment Manager		Total
Balances at December 31, 2024	$	45,667	$	61,615	$	107,282
Net income (loss) attributable to noncontrolling interests	2,755		4,524		7,279
Changes in redemption value (1)	—		(7,157)		(7,157)
Total net income (loss) attributable to noncontrolling interests	2,755		(2,633)		122
Investment management subsidiary equity sales (purchases)	—		(15,849)		(15,849)
Net subscriptions (redemptions) and other	16,063		(4,427)		11,636
Balances at September 30, 2025	$	64,485	$	38,706	$	103,191

(1)    Relates to noncontrolling interests redeemable at other than fair value.