v3.26.1
INVESTMENTS (Tables)
 6 Months Ended
Jun. 30, 2026
Investments in and Advances to Affiliates [Abstract]  
Schedule of Investments Held
The following table summarizes the Company’s investments:
As ofPercentage of total investments as of
June 30,December 31,June 30,December 31,
2026202520262025
Equity method investments
Equity method - carried interest(1)
$4,141,111 $3,972,748 74.7%72.1%
Equity method private investment partnership interests - principal425,655 526,372 7.79.6
Equity method private investment partnership interests and other (held at fair value)249,885 675,777 4.512.3
Equity method private investment partnership interests and other52,489 61,306 0.91.1
Total equity method investments4,869,140 5,236,203 87.895.1
Collateralized loan obligations5,398 13,217 0.10.2
Fixed income securities12,173 11,252 0.20.2
Collateralized loan obligations and fixed income securities, at fair value17,571 24,469 0.30.4
Common stock and other equity securities, at fair value659,544 247,775 11.94.5
Total investments$5,546,255 $5,508,447 
(1)Includes carried interest held at fair value of $43.1 million and $118.1 million as of June 30, 2026 and December 31, 2025, respectively.
The following table summarizes investments held in the Consolidated Funds:
Fair Value as ofPercentage of total investments as of
June 30,December 31,June 30,December 31,
2026202520262025
Fixed income investments
Loans and securitization vehicles$4,300,046 $5,507,199 32.1%42.9%
Bonds239,643 280,911 1.82.2
Total fixed income investments4,539,689 5,788,110 33.945.1
Partnership interests4,643,853 3,791,056 34.729.6
Equity securities4,209,805 3,265,720 31.425.4
Total investments, at fair value$13,393,347 $12,844,886 
Schedule of Equity Method Investments
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,
2026202520262025
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 income2,112 2,243 4,118 4,238 
Equity method private investment partnership interests and other (held at fair value), changes in fair value9,203 4,015 42,862 8,296