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GOODWILL AND INTANGIBLE ASSETS (Tables)
 12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill and Intangible Assets
Goodwill and intangible assets consist of the following:

(in millions)As of December 31,
20222021
Goodwill$2,642.8 $2,693.2 
Indefinite-lived intangible assets - trade name117.1 134.7 
Indefinite-lived intangible assets - investment advisory agreements65.6 164.8 
Definite-lived intangible assets - investment advisory agreements447.1 613.9 
Total$3,272.6 $3,606.6 
Schedule of Goodwill
Goodwill activity during the years ended December 31, 2022 and 2021, was as follows:

(in millions)20222021
Balance, beginning of the year$2,693.2 $665.7 
Acquisition of OHA— 2,027.5 
Measurement period adjustments(50.4)— 
Balance, end of year$2,642.8 $2,693.2