The following table provides the fair value of the Company's investments managed by related parties as of June 30, 2026 and December 31, 2025:


	June 30, 2026		December 31, 2025
Third Point Enhanced LP (1)	$	49.3	$	82.2
Third Point Insurance Solutions Fund I LLC (1)	3.4		1.6
Third Point Structured Credit Opportunities Fund (1)	36.1		—
Third Point Venture Offshore Fund I LP (1)	33.1		27.7
Third Point Venture Offshore Fund II LP (1)	9.0		6.3
Third Point Optimized Credit Portfolio (2)	193.4		652.8
Total investments managed by related parties	$	324.3	$	770.6

(1)The Third Point Enhanced LP, Third Point Insurance Solutions Fund I LLC, Third Point Structured Credit Opportunities Fund, Third Point Venture Offshore Fund I LP, and Third Point Venture Offshore Fund II LP are reported in Other long-term investments in the consolidated balance sheets.

(2)The Third Point Optimized Credit Portfolio is primarily reported in Debt securities, available for sale and trading, in the consolidated balance sheets.

The total management, advisory and performance fees to related parties for the three and six months ended June 30, 2026 and 2025 were as follows:


	Three months ended				Six months ended
	June 30, 2026		June 30, 2025		June 30, 2026		June 30, 2025
Management and advisory fees	$	0.4	$	1.3	$	1.6	$	2.4
Performance fees	—		(0.2)		—		(0.4)


Total management, advisory and performance fees to related parties (1)	$	0.4	$	1.1	$	1.6	$	2.0

(1)Management, advisory and performance fees to related parties, where applicable, are presented within Net investment gains (losses) in the consolidated statements of income.