v3.25.2
Investments (Tables)
6 Months Ended
Jun. 30, 2025
Equity Method Investments and Joint Ventures [Abstract]  
Summarized Investment balances
Summarized investment balances as of June 30, 2025 and December 31, 2024 are presented in the following table.
(in millions)June 30, 2025December 31, 2024
Investment Management co-investments$508.7 406.1 
Software and Technology Solutions investments334.7 372.8 
Other investments35.4 33.8 
Total$878.8 812.7 
Investments in real estate ventures, Fair Value The table below shows the movement in our investments reported at fair value.
The table below does not include our $8.0 million investment in certain mid-stage non-public companies as they are non-marketable equity investments accounted for under the measurement alternative, defined as cost minus impairment, plus or minus adjustments resulting from observable price changes in orderly transactions for the identical or a similar investment of the same issuer.
(in millions)20252024
Fair value investments as of January 1,$742.0 740.8 
Investments135.4 35.0 
Distributions(34.2)(11.6)
Change in fair value, net(54.3)(17.3)
Foreign currency translation adjustments, net20.2 (10.6)
Transfers in24.6 8.4 
Fair value investments as of June 30,$833.7 744.7