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Intangible Assets and Goodwill (Tables) | 3 Months Ended
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Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Finite-Lived Intangible Assets | The following table summarizes the carrying values of intangible assets as of March 31, 2025 and December 31, 2024 (in thousands):
| March 31, 2025 |  | December 31, 2024
| Gross Carrying Value |  | Accumulated Amortization |  | Net Carrying Value |  | Gross Carrying Value |  | Accumulated Amortization |  | Net Carrying Value
Contractual performance fee allocations | $ | 313,000 |  |  | $ | (104,443) |  |  | $ | 208,557 |  |  | $ | 313,000 |  |  | $ | (92,718) |  |  | $ | 220,282 |
Management contracts | 302,000 |  |  | (63,307) |  |  | 238,693 |  |  | 302,000 |  |  | (53,680) |  |  | 248,320 |
Technology | 46,000 |  |  | (16,292) |  |  | 29,708 |  |  | 46,000 |  |  | (13,417) |  |  | 32,583 |
Investor relationships | 25,000 |  |  | (7,813) |  |  | 17,187 |  |  | 25,000 |  |  | (7,292) |  |  | 17,708 |
Trade name | 15,500 |  |  | (3,992) |  |  | 11,508 |  |  | 15,500 |  |  | (3,288) |  |  | 12,212 |
Other intangible assets(a) | 8,494 |  |  | (7,066) |  |  | 1,428 |  |  | 8,494 |  |  | (5,892) |  |  | 2,602 |
Total intangible assets, net | $ | 709,994 |  |  | $ | (202,913) |  |  | $ | 507,081 |  |  | $ | 709,994 |  |  | $ | (176,287) |  |  | $ | 533,707 |
_______________ (a)Includes indefinite-lived intangible assets of $1.0 million as of March 31, 2025 and December 31, 2024.
Schedule of Indefinite-Lived Intangible Assets | The following table summarizes the carrying values of intangible assets as of March 31, 2025 and December 31, 2024 (in thousands):
| March 31, 2025 |  | December 31, 2024
| Gross Carrying Value |  | Accumulated Amortization |  | Net Carrying Value |  | Gross Carrying Value |  | Accumulated Amortization |  | Net Carrying Value
Contractual performance fee allocations | $ | 313,000 |  |  | $ | (104,443) |  |  | $ | 208,557 |  |  | $ | 313,000 |  |  | $ | (92,718) |  |  | $ | 220,282 |
Management contracts | 302,000 |  |  | (63,307) |  |  | 238,693 |  |  | 302,000 |  |  | (53,680) |  |  | 248,320 |
Technology | 46,000 |  |  | (16,292) |  |  | 29,708 |  |  | 46,000 |  |  | (13,417) |  |  | 32,583 |
Investor relationships | 25,000 |  |  | (7,813) |  |  | 17,187 |  |  | 25,000 |  |  | (7,292) |  |  | 17,708 |
Trade name | 15,500 |  |  | (3,992) |  |  | 11,508 |  |  | 15,500 |  |  | (3,288) |  |  | 12,212 |
Other intangible assets(a) | 8,494 |  |  | (7,066) |  |  | 1,428 |  |  | 8,494 |  |  | (5,892) |  |  | 2,602 |
Total intangible assets, net | $ | 709,994 |  |  | $ | (202,913) |  |  | $ | 507,081 |  |  | $ | 709,994 |  |  | $ | (176,287) |  |  | $ | 533,707 |
_______________ (a)Includes indefinite-lived intangible assets of $1.0 million as of March 31, 2025 and December 31, 2024.
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense | The following table presents estimated remaining amortization expense for finite-lived intangible assets that existed as of March 31, 2025 (in thousands):
Remainder of 2025 |  | $ | 74,893 |
2026 |  | 98,089 |
2027 |  | 96,149 |
2028 |  | 75,304 |
2029 |  | 49,699 |
Thereafter |  | 111,953 |
Total |  | $ | 506,087 |

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