| Schedule of Investment Funds |
Investment funds consisted of the following: | | | | | | | | | | | | | | | | | | | | | | | | | Carrying Value as of | | Income (Loss) from
Investment Funds | | June 30, | | December 31, | | For the Six Months
Ended June 30, | | (In thousands) | 2026 | | 2025 | | 2026 | | 2025 | | Financial services (1) | $ | 356,653 | | | $ | 360,320 | | | $ | 10,967 | | | $ | 12,277 | | | Transportation | 274,390 | | | 272,775 | | | 22,307 | | | 20,714 | | | Real Estate | 157,339 | | | 163,098 | | | 11,905 | | | 5,614 | | | Infrastructure | 179,235 | | | 169,847 | | | 9,823 | | | 9,064 | | | Energy | 42,872 | | | 41,966 | | | 4,807 | | | (1,234) | | | Other funds | 420,938 | | | 353,796 | | | 8,502 | | | 7,856 | | | Total | $ | 1,431,427 | | | $ | 1,361,802 | | | $ | 68,311 | | | $ | 54,291 | |
(1) Includes the Company's minority investment in Lifson Re (see Note 23 Related-Party Transactions).
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