The following table summarizes the carrying amount of intangible assets as of March 31, 2024 and December 31, 2023:


	As of
	March 31, 2024	December 31, 2023
	(Dollars in millions)
Acquired contractual rights	$923.3	$924.1
Accumulated amortization	(294.4)	(262.0)
Finite-lived intangible assets, net	628.9	662.1
Goodwill	103.9	104.0
Intangible Assets, net	$732.8	$766.1

As discussed in Note 2, Summary of Significant Accounting Policies, the Company reviews its intangible assets for

impairment whenever events or changes in circumstances indicate that the carrying amount of the asset may not be recoverable,

and considers factors including, but not limited to, expected cash flows from its interest in future management fees and the

ability to raise new funds. For both the three months ended March 31, 2024 and 2023, the Company recorded no impairment

Intangible asset amortization expense was $32.6 million and $32.8 million for the three months ended March 31, 2024

and 2023, respectively, and is included in general, administrative, and other expenses in the condensed consolidated statements

of operations. Certain intangible assets are held by entities of which the functional currency is not the U.S. dollar. Any

corresponding currency translation is recorded in accumulated other comprehensive income (loss).

The following table summarizes the expected amortization expense for 2024 through 2028 and thereafter (Dollars in


Year ending December 31,
2024 (excluding the three months ended March 31, 2024)	$98.3
2025	131.0
2026	130.9
2027	120.8
2028	113.7
Thereafter	34.2
	$628.9