Related Party Transactions (Tables)

3 Months Ended

Mar. 31, 2026

The Company had the following due from affiliates and other receivables at March 31, 2026 and December 31, 2025:


	As of
	March 31, 2026	December 31, 2025
	(Dollars in millions)
Accrued incentive fees	$58.9	$53.6
Unbilled receivable for giveback obligations from current and former employees	34.6	24.2
Notes receivable and accrued interest from affiliates	49.5	34.0
Management fee receivable, net	215.2	246.0
Reimbursable expenses and other receivables from unconsolidated funds and affiliates, net	410.9	477.0
Total	$769.1	$834.8

The Company had the following due to affiliates

balances at March 31, 2026 and December 31, 2025:


	As of
	March 31, 2026	December 31, 2025
	(Dollars in millions)
Due to affiliates of Consolidated Funds	$7.6	$6.1
Due to non-consolidated affiliates	129.1	102.0
Amounts owed under the tax receivable agreement	64.1	71.8
Other	25.6	24.0
Total	$226.4	$203.9