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GOODWILL AND INTANGIBLE ASSETS (Tables)
 12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Carrying Value for the Company's Intangible Assets
The following table summarizes the carrying value, net of accumulated amortization, of the Company’s intangible assets:
Weighted Average Amortization Period (in years) as of December 31, 2024As of December 31,
20242023
Management contracts4.0$590,675 $604,242 
Client relationships7.7210,720 200,920 
Other0.0500 500 
Finite-lived intangible assets801,895 805,662 
Foreign currency translation(789)1,126 
Total finite-lived intangible assets801,106 806,788 
Less: accumulated amortization(393,078)(316,093)
Finite-lived intangible assets, net408,028 490,695 
Indefinite-lived management contracts567,800 567,800 
Intangible assets, net$975,828 $1,058,495 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
As of December 31, 2024, future annual amortization of finite-lived intangible assets for the years 2025 through 2029 and thereafter is estimated to be:
YearAmortization
2025$107,317 
202681,538 
202770,153 
202846,236 
202939,859 
Thereafter62,925 
Total$408,028 
Schedule of Goodwill Rollforward
The following table summarizes the carrying value of the Company’s goodwill:
Credit GroupReal Assets GroupPrivate Equity Group
Secondaries Group
Other
Total
Balance as of December 31, 2022
$32,196 $277,183 $48,070 $417,620 $224,587 $999,656 
Acquisitions— 22 124,392 — — 124,414 
Reallocation224,587 — — — (224,587)— 
Foreign currency translation(104)— — 10 — (94)
Balance as of December 31, 2023256,679 277,205 172,462 417,630 — 1,123,976 
Acquisitions— 35,091 4,605 — — 39,696 
Reallocation55,658 — (55,658)— — — 
Foreign currency translation(305)(727)(1)(3)— (1,036)
Balance as of December 31, 2024$312,032 $311,569 $121,408 $417,627 $— $1,162,636