v3.26.1
Supplemental Financial Information - Schedule of Supplemental Financial Position (Details) - USD ($)
$ in Millions
Jun. 30, 2026
Mar. 31, 2026
Dec. 31, 2025
Jun. 30, 2025
Mar. 31, 2025
Dec. 31, 2024
Assets            
Cash and cash equivalents $ 1,256.5   $ 1,970.2 $ 1,275.8    
Cash and cash equivalents held at Consolidated Funds 784.1   1,235.1 463.1    
Investments 10,231.6   11,152.7      
Investments of Consolidated Funds 13,320.3   12,519.8      
Due from affiliates and other receivables, net 1,181.2   834.8      
Due from affiliates and other receivables of Consolidated Funds, net 290.3   206.4      
Fixed assets, net 248.3   224.9      
Lease right-of-use assets, net 320.4   331.9      
Deposits and other 91.8   100.9      
Intangible assets, net 440.9   507.1      
Deferred tax assets 30.2   32.2      
Total assets 28,195.6   29,116.0      
Liabilities and equity            
Debt obligations 2,998.8   2,997.0      
Loans payable of Consolidated Funds 10,804.4   10,426.0      
Accounts payable, accrued expenses and other liabilities 591.8   543.7      
Accrued compensation and benefits 5,007.6   5,849.4      
Due to affiliates 243.0   203.9      
Deferred revenue 135.5   129.2      
Deferred tax liabilities 16.0   106.3      
Other liabilities of Consolidated Funds 642.8   1,260.4      
Lease liabilities 450.5   470.2      
Accrued giveback obligations 92.4   72.8      
Total liabilities 20,982.8   22,058.9      
Common stock 3.5   3.6      
Additional paid-in capital 4,557.4   4,285.8      
Retained earnings 873.8   1,642.3      
Accumulated other comprehensive loss (192.6)   (170.2)      
Non-controlling interests in consolidated entities 1,970.7   1,295.6      
Total equity 7,212.8 $ 7,374.6 7,057.1 6,717.6 $ 6,385.2 $ 6,347.6
Total liabilities and equity 28,195.6   29,116.0      
Performance allocations 6,608.2   7,620.3      
Consolidated Operating Entities            
Assets            
Cash and cash equivalents 1,256.5     1,275.8    
Cash and cash equivalents held at Consolidated Funds 784.1     $ 463.1    
Consolidated Entities and Consolidated Funds | Consolidated Operating Entities            
Assets            
Cash and cash equivalents 1,256.5   1,970.2      
Cash and cash equivalents held at Consolidated Funds 0.0   0.0      
Investments 11,362.6   12,219.6      
Investments of Consolidated Funds 0.0   0.0      
Due from affiliates and other receivables, net 1,482.4   1,135.0      
Due from affiliates and other receivables of Consolidated Funds, net 0.0   0.0      
Fixed assets, net 248.3   224.9      
Lease right-of-use assets, net 320.4   331.9      
Deposits and other 87.1   98.2      
Intangible assets, net 440.9   507.1      
Deferred tax assets 30.2   32.2      
Total assets 15,228.4   16,519.1      
Liabilities and equity            
Debt obligations 2,998.8   2,997.0      
Loans payable of Consolidated Funds 0.0   0.0      
Accounts payable, accrued expenses and other liabilities 591.8   543.7      
Accrued compensation and benefits 5,007.6   5,849.4      
Due to affiliates 235.6   197.8      
Deferred revenue 135.5   129.2      
Deferred tax liabilities 16.0   106.3      
Other liabilities of Consolidated Funds 0.0   0.0      
Lease liabilities 450.5   470.2      
Accrued giveback obligations 92.4   72.8      
Total liabilities 9,528.2   10,366.4      
Common stock 3.5   3.6      
Additional paid-in capital 4,557.4   4,285.8      
Retained earnings 873.8   1,642.3      
Accumulated other comprehensive loss (243.7)   (213.1)      
Non-controlling interests in consolidated entities 509.2   434.1      
Total equity 5,700.2   6,152.7      
Total liabilities and equity 15,228.4   16,519.1      
Consolidated Entities and Consolidated Funds | Consolidated Funds            
Assets            
Cash and cash equivalents 0.0   0.0      
Cash and cash equivalents held at Consolidated Funds 784.1   1,235.1      
Investments 0.0   0.0      
Investments of Consolidated Funds 13,320.3   12,519.8      
Due from affiliates and other receivables, net 0.0   0.0      
Due from affiliates and other receivables of Consolidated Funds, net 290.3   206.4      
Fixed assets, net 0.0   0.0      
Lease right-of-use assets, net 0.0   0.0      
Deposits and other 4.7   2.7      
Intangible assets, net 0.0   0.0      
Deferred tax assets 0.0   0.0      
Total assets 14,399.4   13,964.0      
Liabilities and equity            
Debt obligations 0.0   0.0      
Loans payable of Consolidated Funds 11,089.2   10,712.4      
Accounts payable, accrued expenses and other liabilities 0.0   0.0      
Accrued compensation and benefits 0.0   0.0      
Due to affiliates 7.4   6.1      
Deferred revenue 0.0   0.0      
Deferred tax liabilities 0.0   0.0      
Other liabilities of Consolidated Funds 643.9   1,260.7      
Lease liabilities 0.0   0.0      
Accrued giveback obligations 0.0   0.0      
Total liabilities 11,740.5   11,979.2      
Common stock 0.0   0.0      
Additional paid-in capital 1,174.9   1,099.2      
Retained earnings 0.0   0.0      
Accumulated other comprehensive loss 22.5   24.1      
Non-controlling interests in consolidated entities 1,461.5   861.5      
Total equity 2,658.9   1,984.8      
Total liabilities and equity 14,399.4   13,964.0      
Eliminations            
Assets            
Cash and cash equivalents 0.0   0.0      
Cash and cash equivalents held at Consolidated Funds 0.0   0.0      
Investments (1,131.0)   (1,066.9)      
Investments of Consolidated Funds 0.0   0.0      
Due from affiliates and other receivables, net (301.2)   (300.2)      
Due from affiliates and other receivables of Consolidated Funds, net 0.0   0.0      
Fixed assets, net 0.0   0.0      
Lease right-of-use assets, net 0.0   0.0      
Deposits and other 0.0   0.0      
Intangible assets, net 0.0   0.0      
Deferred tax assets 0.0   0.0      
Total assets (1,432.2)   (1,367.1)      
Liabilities and equity            
Debt obligations 0.0   0.0      
Loans payable of Consolidated Funds (284.8)   (286.4)      
Accounts payable, accrued expenses and other liabilities 0.0   0.0      
Accrued compensation and benefits 0.0   0.0      
Due to affiliates 0.0   0.0      
Deferred revenue 0.0   0.0      
Deferred tax liabilities 0.0   0.0      
Other liabilities of Consolidated Funds (1.1)   (0.3)      
Lease liabilities 0.0   0.0      
Accrued giveback obligations 0.0   0.0      
Total liabilities (285.9)   (286.7)      
Common stock 0.0   0.0      
Additional paid-in capital (1,174.9)   (1,099.2)      
Retained earnings 0.0   0.0      
Accumulated other comprehensive loss 28.6   18.8      
Non-controlling interests in consolidated entities 0.0   0.0      
Total equity (1,146.3)   (1,080.4)      
Total liabilities and equity $ (1,432.2)   $ (1,367.1)