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REVENUE
 9 Months Ended
Sep. 30, 2021
Revenue from Contract with Customer [Abstract]  
REVENUE REVENUE
The geographic disaggregation of revenue for the three and nine months ended September 30, 2021 and 2020 are presented below. There are no revenues attributed to the company’s country of domicile, Bermuda.
For the three months ended September 30,
$ in millions20212020
Americas1,329.81,118.2
UK157.7148.6
EMEA ex UK (Europe, Middle East and Africa)181.0158.2
Asia Pacific81.572.6
Total operating revenues1,750.01,497.6
For the nine months ended September 30,
$ in millions20212020
Americas3,842.83,356.2
UK486.0465.3
EMEA ex UK (Europe, Middle East and Africa)541.5468.3
Asia Pacific260.8225.7
Total operating revenues5,131.14,515.5
The opening and closing balances of deferred carried interest liabilities for the nine months ended September 30, 2021 were $58.0 million and $60.5 million, respectively (December 31, 2020: $45.8 million and $58.0 million, respectively). During the three and nine months ended September 30, 2021, no performance fee revenue was recognized that had been included in the deferred carried interest liability balance at the beginning of the period (September 30, 2020: none).
Money Market Fee Waivers

The company is currently providing voluntary yield support waivers of its revenues on certain money market funds to ensure that they maintain a minimum level of daily net investment income. During the three and nine months ended September 30, 2021, yield support waivers resulted in a reduction of total gross operating revenues of $40.8 million and $111.2 million, respectively (three and nine months ended September 30, 2020: $12.4 million and $23.1 million, respectively). A significant portion of our money market AUM arises from the institutional distribution channel, where relationships with our distribution partners allow us to share the waiver impact. Gross waivers are partially offset by a reduction of payments to these intermediaries, which are included in third party distribution, service and advisory expenses.