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Investments (Tables)
6 Months Ended
Jun. 30, 2023
Equity Method Investments and Joint Ventures [Abstract]  
Investments in Unconsolidated Ventures
The Company's equity and debt investments are represented by the following:
(In thousands)June 30, 2023December 31, 2022
Investment Management
Equity method investments
Principal investments$58,352 $51,665 
Carried interest allocation365,771 341,749 
424,123 393,414 
Other equity investment2,455 1,913 
Total Investment Management426,578 395,327 
Operating
Debt investments—loan receivable— 4,638 
Corporate and Other
Equity method investments—Principal investments540,159 358,846 
Equity investments of consolidated funds172,403 185,845 
Other equity investments98,810 113,111 
Debt investments
CLO subordinated notes50,927 50,927 
Loan receivable— 133,307 
Total Corporate and Other862,299 842,036 
Total Investments$1,288,877 $1,242,001 
Available-for-sale Securities
The balance of the CLO subordinated notes is summarized as follows:
Amortized Cost without Allowance for Credit Loss
Allowance for Credit LossGross Cumulative Unrealized
(in thousands)GainsLosses
Fair Value
At June 30, 2023 and December 31, 2022$50,927 $— $— $— $50,927