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Subsequent Events | 3 Months Ended
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Jun. 30, 2021
Subsequent Events [Abstract] |
Subsequent Events | Subsequent Events In July 2021, the Company entered into a transaction agreement to acquire 100% of Greenspring Associates, Inc. and certain of its affiliates (collectively, “Greenspring”), for consideration of approximately $185 million in cash, 12,643,556 shares of Class A common stock and 3,114,723 newly issued Class C units of the Partnership. The transaction agreement also provides for the payment of up to $75 million of additional cash consideration as an earnout payment to the sellers, which would be payable in 2025 subject to achievement by Greenspring of certain management fee revenue targets for calendar year 2024. Greenspring is a leading venture capital and growth equity platform, and the acquisition of Greenspring is expected to expand the Company’s continued growth of its private markets capabilities across asset classes and geographies. On August 10 2021, the Company announced a quarterly cash dividend of $0.07 per share of Class A common stock, payable on September 15, 2021 to holders of record as of the close of business on August 31, 2021.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6842918&loc=SL6314017-165662 + Details
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