XML 30 R19.htm IDEA: XBRL DOCUMENT v3.24.0.1
Related Party Transactions
9 Months Ended
Dec. 31, 2023
Related Party Transactions [Abstract]  
Related Party Transactions
13. Related Party Transactions

The Company considers its employees, directors, and equity method investments to be related parties.

Revenue and Receivables

The Company has investment management agreements with various specialized funds and customized separate accounts that it manages. The Company earned management and advisory fees from Partnerships of $87,482 and $251,502 for the three and nine months ended December 31, 2023, respectively, and $70,929 and $198,973 for the three and nine months ended December 31, 2022, respectively. The Company earned incentive fees from Partnerships of $11,432 and $46,659 for the three and nine months ended December 31, 2023, respectively, and $28,652 and $137,545 for the three and nine months ended December 31, 2022, respectively.

Fees receivable from the Partnerships were $51,760 and $31,684 as of December 31, 2023 and March 31, 2023, respectively, and are included in fees receivable in the Condensed Consolidated Balance Sheets.