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Subsequent Events
3 Months Ended
Mar. 31, 2022
Subsequent Events [Abstract]  
Subsequent Events SUBSEQUENT EVENTS
Effective April 1, 2022, Fontana launched with capital commitments of $475.0 million, comprised of $325.0 million from third-party investors and $150.0 million from the Company. In April 2022, $400.0 million of this amount had been funded, comprised of $273.7 million from third-party investors and $126.3 million from the Company.
Subsequent to March 31, 2022, Medici issued $147.0 million of non-voting preference shares to investors, including $10.0 million to the Company. $67.0 million of the non-voting preference shares issued was received in advance, from investors other than the Company, and is included in other liabilities on the Company’s consolidated balance sheet, and also included in other operating cash flows on the Company’s consolidated statements of cash flows for the quarter ended March 31, 2022. The Company’s noncontrolling economic ownership in Medici subsequent to these transactions was 13.0%.
Effective April 1, 2022, the Company purchased an aggregate of $74.1 million shares in DaVinciRe from a third-party investor. The Company’s noncontrolling economic ownership in DaVinciRe subsequent to this transaction was 33.8%.