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Investments (Tables)
6 Months Ended
Sep. 30, 2021
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Equity Method Investments
The Company’s equity method investments consist of the following:
As of
September 30, 2021March 31, 2021
Investments in funds$90,325 $74,379 
Accrued carried interest allocations1,215,919 896,523 
Legacy Greenspring investments in funds and accrued carried interest allocations(1)
1,208,693 — 
Total investments$2,514,937 $970,902 
_______________________________
(1)Reflects investments in funds of $219.1 million and carried interest allocations of $989.6 million.
The Company recognized equity method income of the following:
Three Months Ended September 30,Six Months Ended September 30,
2021202020212020
Carried interest allocations$196,386 $166,065 $422,748 $37,563 
Investment income7,187 4,325 13,611 1,147 
Legacy Greenspring carried interest allocations(1)
— — — — 
Legacy Greenspring investment income(2)
— — — — 
Total equity method income$203,573 $170,390 $436,359 $38,710 
_______________________________
(1)Reflects the net effect of gross realized carried interest allocations of $3.0 million and the reversal of such amounts in unrealized carried interest allocations for the period from September 20, 2021 to September 30, 2021.
(2)Reflects the net effect of gross realized investment income of $1.4 million and the reversal of such amounts in unrealized investment income for the period from September 20, 2021 to September 30, 2021.