v3.26.1
Variable Interest Entities (Tables)
6 Months Ended
Jun. 30, 2026
Items Included in Consolidated Statement of Financial Condition [Abstract]  
Schedule of Consolidated Variable Interest Entities The following table presents information about the carrying value of the assets and liabilities of the alternative asset management funds that are consolidated by the Company and included on the consolidated statements of financial condition. The assets can only be used to settle the liabilities of the respective fund, and the creditors of the funds do not have recourse to the general credit of the Company. The alternative asset management funds have a combined $56.0 million of bank line financing available with interest rates based on SOFR plus an applicable margin. The assets and liabilities are presented prior to consolidation, and thus a portion of these assets and liabilities is eliminated in consolidation.
June 30,December 31,
(Amounts in thousands)20262025
Assets
Cash and cash equivalents
$1,454 $249 
Investments240,907 268,121 
Other assets94 844 
Total assets$242,455 $269,214 
Liabilities
Other liabilities and accrued expenses$1,835 $7,990 
Total liabilities$1,835 $7,990