
	As of				Percentage of total investments as of

	June 30,		December 31,		June 30,	December 31,
	2026		2025		2026	2025
Equity method investments
Equity method - carried interest(1)	$	4,141,111	$	3,972,748	74.7%	72.1%
Equity method private investment partnership interests - principal	425,655		526,372		7.7	9.6
Equity method private investment partnership interests and other (held at fair value)	249,885		675,777		4.5	12.3
Equity method private investment partnership interests and other	52,489		61,306		0.9	1.1
Total equity method investments	4,869,140		5,236,203		87.8	95.1
Collateralized loan obligations	5,398		13,217		0.1	0.2
Fixed income securities	12,173		11,252		0.2	0.2
Collateralized loan obligations and fixed income securities, at fair value	17,571		24,469		0.3	0.4
Common stock and other equity securities, at fair value	659,544		247,775		11.9	4.5
Total investments	$	5,546,255	$	5,508,447

The Company’s equity method investments include investments that are not consolidated but over which the Company exerts significant influence. The Company evaluates each of its equity method investments to determine if any are significant as defined by guidance from the SEC. As of and for the three and six months ended June 30, 2026 and 2025, no individual equity method investment held by the Company met the significance criteria.

The following table presents the Company’s share of net investment income and changes in fair value of its equity method investments, which are included within principal investment income, net realized and unrealized gains on investments, and interest and dividend income within the Condensed Consolidated Statements of Operations:


	Three months ended June 30,				Six months ended June 30,
	2026		2025		2026		2025
Equity method private investment partnership interests - principal, net investment income	$	2,290	$	10,760	$	2,765	$	32,960
Equity method private investment partnership interests and other, net investment income	(3,146)		2,685		(5,702)		5,173
Equity method private investment partnership interests and other (held at fair value), net investment income	2,112		2,243		4,118		4,238
Equity method private investment partnership interests and other (held at fair value), changes in fair value	9,203		4,015		42,862		8,296

With respect to the Company’s equity method investments, the material assets are expected to generate either long term capital appreciation and/or interest and dividend income, the material liabilities are debt instruments collateralized by, or related to, the financing of the assets and net income is materially comprised of the changes in fair value of these net assets.


	Fair Value as of				Percentage of total investments as of

	June 30,		December 31,		June 30,	December 31,
	2026		2025		2026	2025
Fixed income investments
Loans and securitization vehicles	$	4,300,046	$	5,507,199	32.1%	42.9%

Bonds	239,643		280,911		1.8	2.2
Total fixed income investments	4,539,689		5,788,110		33.9	45.1
Partnership interests	4,643,853		3,791,056		34.7	29.6
Equity securities	4,209,805		3,265,720		31.4	25.4
Total investments, at fair value	$	13,393,347	$	12,844,886