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Fair Value Measurement - Partnership's Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($)
$ in Millions
Mar. 31, 2017
Dec. 31, 2016
Assets    
Investments of Consolidated Funds $ 4,211.3 $ 4,239.0
Liabilities    
Loans payable of Consolidated Funds 3,587.5 3,866.3
Contingent consideration 1.5 1.5
Loans payable of a consolidated real estate VIE 77.8 79.4
Foreign currency forward contracts 6.0 10.0
Total Liabilities 3,672.8 3,957.2
Equity securities    
Assets    
Investments of Consolidated Funds 10.8 10.3
Bonds    
Assets    
Investments of Consolidated Funds 417.6 396.4
Loans    
Assets    
Investments of Consolidated Funds 3,473.2 3,485.6
Other    
Assets    
Investments of Consolidated Funds 1.5 1.4
Investments of Consolidated Funds    
Assets    
Investments of Consolidated Funds 3,903.1 3,893.7
Investments in CLOs and other    
Assets    
Investments of Consolidated Funds   152.6
Investments in CLOs and other    
Assets    
Investments of Consolidated Funds 155.9  
Bonds    
Assets    
Investments of Consolidated Funds 87.8 91.3
Commercial paper and other    
Assets    
Investments of Consolidated Funds 61.1 98.9
Corporate treasury investments    
Assets    
Investments of Consolidated Funds 148.9 190.2
Foreign currency forward contracts    
Assets    
Investments of Consolidated Funds 3.4 2.5
Level I    
Assets    
Investments of Consolidated Funds 0.0 0.0
Liabilities    
Loans payable of Consolidated Funds 0.0 0.0
Contingent consideration 0.0 0.0
Loans payable of a consolidated real estate VIE 0.0 0.0
Foreign currency forward contracts 0.0 0.0
Total Liabilities 0.0 0.0
Level I | Equity securities    
Assets    
Investments of Consolidated Funds 0.0 0.0
Level I | Bonds    
Assets    
Investments of Consolidated Funds 0.0 0.0
Level I | Loans    
Assets    
Investments of Consolidated Funds 0.0 0.0
Level I | Other    
Assets    
Investments of Consolidated Funds 0.0 0.0
Level I | Investments of Consolidated Funds    
Assets    
Investments of Consolidated Funds 0.0 0.0
Level I | Investments in CLOs and other    
Assets    
Investments of Consolidated Funds   0.0
Level I | Investments in CLOs and other    
Assets    
Investments of Consolidated Funds 0.0  
Level I | Bonds    
Assets    
Investments of Consolidated Funds 0.0 0.0
Level I | Commercial paper and other    
Assets    
Investments of Consolidated Funds 0.0 0.0
Level I | Corporate treasury investments    
Assets    
Investments of Consolidated Funds 0.0 0.0
Level I | Foreign currency forward contracts    
Assets    
Investments of Consolidated Funds 0.0 0.0
Level II    
Assets    
Investments of Consolidated Funds 152.3 192.7
Liabilities    
Loans payable of Consolidated Funds 0.0 0.0
Contingent consideration 0.0 0.0
Loans payable of a consolidated real estate VIE 0.0 0.0
Foreign currency forward contracts 6.0 10.0
Total Liabilities 6.0 10.0
Level II | Equity securities    
Assets    
Investments of Consolidated Funds 0.0 0.0
Level II | Bonds    
Assets    
Investments of Consolidated Funds 0.0 0.0
Level II | Loans    
Assets    
Investments of Consolidated Funds 0.0 0.0
Level II | Other    
Assets    
Investments of Consolidated Funds 0.0 0.0
Level II | Investments of Consolidated Funds    
Assets    
Investments of Consolidated Funds 0.0 0.0
Level II | Investments in CLOs and other    
Assets    
Investments of Consolidated Funds   0.0
Level II | Investments in CLOs and other    
Assets    
Investments of Consolidated Funds 0.0  
Level II | Bonds    
Assets    
Investments of Consolidated Funds 87.8 91.3
Level II | Commercial paper and other    
Assets    
Investments of Consolidated Funds 61.1 98.9
Level II | Corporate treasury investments    
Assets    
Investments of Consolidated Funds 148.9 190.2
Level II | Foreign currency forward contracts    
Assets    
Investments of Consolidated Funds 3.4 2.5
Level III    
Assets    
Investments of Consolidated Funds 4,059.0 4,046.3
Liabilities    
Loans payable of Consolidated Funds 3,587.5 3,866.3
Contingent consideration 1.5 1.5
Loans payable of a consolidated real estate VIE 77.8 79.4
Foreign currency forward contracts 0.0 0.0
Total Liabilities 3,666.8 3,947.2
Level III | Equity securities    
Assets    
Investments of Consolidated Funds 10.8 10.3
Level III | Bonds    
Assets    
Investments of Consolidated Funds 417.6 396.4
Level III | Loans    
Assets    
Investments of Consolidated Funds 3,473.2 3,485.6
Level III | Other    
Assets    
Investments of Consolidated Funds 1.5 1.4
Level III | Investments of Consolidated Funds    
Assets    
Investments of Consolidated Funds 3,903.1 3,893.7
Level III | Investments in CLOs and other    
Assets    
Investments of Consolidated Funds   152.6
Level III | Investments in CLOs and other    
Assets    
Investments of Consolidated Funds 155.9  
Level III | Bonds    
Assets    
Investments of Consolidated Funds 0.0 0.0
Level III | Commercial paper and other    
Assets    
Investments of Consolidated Funds 0.0 0.0
Level III | Corporate treasury investments    
Assets    
Investments of Consolidated Funds 0.0 0.0
Level III | Foreign currency forward contracts    
Assets    
Investments of Consolidated Funds $ 0.0 $ 0.0