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GOODWILL AND INTANGIBLE ASSETS (Tables)
3 Months Ended
Mar. 31, 2025
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 March 31, 2025As of March 31,As of December 31,
20252024
Management contracts5.2$1,034,593 $590,675 
Client relationships7.5317,920 210,720 
Other0.0— 500 
Finite-lived intangible assets1,352,513 801,895 
Foreign currency translation7,737 (789)
Total finite-lived intangible assets1,360,250 801,106 
Less: accumulated amortization(400,803)(393,078)
Finite-lived intangible assets, net959,447 408,028 
Indefinite-lived management contracts1,317,400 567,800 
Intangible assets, net$2,276,847 $975,828 
Schedule of Goodwill Rollforward
The following table summarizes the carrying value of the Company’s goodwill:
Credit
Group
Real Assets GroupPrivate Equity Group
Secondaries Group
Total
Balance as of December 31, 2024$312,032 $311,569 $121,408 $417,627 $1,162,636 
Acquisitions— 2,297,710 — — 2,297,710 
Reallocation— — — — — 
Foreign currency translation194 38,796 — 38,995 
Balance as of March 31, 2025$312,226 $2,648,075 $121,408 $417,632 $3,499,341