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Investments (Tables)
3 Months Ended
Mar. 31, 2025
Equity Method Investments and Joint Ventures [Abstract]  
Summarized Investment balances
Summarized investment balances as of March 31, 2025 and December 31, 2024 are presented in the following table.
(in millions)March 31, 2025December 31, 2024
Investment Management co-investments$514.5 406.1 
Software and Technology Solutions investments352.9 372.8 
Other investments35.0 33.8 
Total$902.4 812.7 
Investments in real estate ventures, Fair Value The table below shows the movement in our investments reported at fair value.
The table below does not include our $9.9 million investment in certain mid-stage non-public companies as they are non-marketable equity investments accounted for under the measurement alternative, defined as cost minus impairment.
(in millions)20252024
Fair value investments as of January 1,$742.0 740.8 
Investments115.7 15.6 
Distributions(6.0)(6.4)
Change in fair value, net(27.7)(3.1)
Foreign currency translation adjustments, net7.4 (6.3)
Transfers in24.6 3.2 
Fair value investments as of March 31,$856.0 743.8