Other Investments (Tables)

6 Months Ended

Jun. 30, 2024

The

following table summarizes the fair values of these investments and any related unfunded commitments:


	December 31, 2023		June 30, 2024
	Fair Value	Unfunded Commitments	Fair Value	Unfunded Commitments
Private equity funds(1)	$424.4	$187.2	$473.1	$217.5
Investments in other strategies(2)	6.1	—	6.8	—
Total(3)	$430.5	$187.2	$479.9	$217.5

___________________________

(1)The Company accounts for the majority of its interests in private equity funds one quarter in arrears (adjusted for current

period calls and distributions). These funds primarily invest in a broad range of third-party funds and direct investments.

Distributions will be received as the underlying assets are liquidated over the life of the funds, which is generally up to 15

years.

(2)These are multi-disciplinary funds that invest across various asset classes and strategies, including equity and credit.

Investments are generally redeemable on a daily, monthly, or quarterly basis.

(3)Fair value attributable to the controlling interest was $324.9 million and $361.4 million as of December 31, 2023 and

June 30, 2024, respectively.

The following table summarizes the cost, cumulative unrealized gains, and

carrying amount of investments without readily determinable fair values:


	December 31, 2023	June 30, 2024
Cost	$8.5	$8.5
Cumulative unrealized gains	41.9	41.9
Carrying amount	$50.4	$50.4

The following table presents the changes in Other investments:


	For the Three Months Ended June 30,
	2023			2024
	Measured at NAV as a Practical Expedient	Without Readily Determinable Fair Values	Total	Measured at NAV as a Practical Expedient	Without Readily Determinable Fair Values	Total
Balance, beginning of period	$375.6	$50.4	$426.0	$472.5	$50.4	$522.9
Purchases and commitments	36.2	—	36.2	17.8	—	17.8
Sales and distributions	(17.4)	—	(17.4)	(17.7)	—	(17.7)
Net realized and unrealized gains	12.2	—	12.2	7.3	—	7.3
Balance, end of period	$406.6	$50.4	$457.0	$479.9	$50.4	$530.3


	For the Six Months Ended June 30,
	2023			2024
	Measured at NAV as a Practical Expedient	Without Readily Determinable Fair Values	Total	Measured at NAV as a Practical Expedient	Without Readily Determinable Fair Values	Total
Balance, beginning of period	$371.2	$50.4	$421.6	$430.5	$50.4	$480.9
Purchases and commitments	46.0	—	46.0	64.6	—	64.6
Sales and distributions	(28.9)	—	(28.9)	(26.7)	—	(26.7)
Net realized and unrealized gains	18.3	—	18.3	11.5	—	11.5
Balance, end of period	$406.6	$50.4	$457.0	$479.9	$50.4	$530.3