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Transactions with Affiliates (Tables) | 12 Months Ended
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Dec. 31, 2023
Related Party Transactions [Abstract] |
Outstanding Loans to Employees | The outstanding balance of loans to employees are presented in the following table.
| December 31,
(in millions) | 2023 | 2022
Loans related to co-investments (1) | $ | 67.0 |  | 54.0 |
Advances, travel and other (2) | 389.6 |  | 323.2 |
Total | $ | 456.6 |  | 377.2 |
(1) These nonrecourse loans have been made to allow employees the ability to participate in investment fund opportunities. Such amounts are included in Investments on our Consolidated Balance Sheets. (2) Consists primarily of commissions and other compensation advances to employees that are amortized to Compensation and benefits based on performance over required service periods. Such amounts are included in Notes and other receivables and Long-term receivables on our Consolidated Balance Sheets.

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