RELATED PARTY TRANSACTIONS (Tables)

6 Months Ended

Jun. 30, 2026

The Company also has arrangements in place with products that it manages, whereby certain costs are initially paid by the Company and subsequently are reimbursed by the products. These amounts are included within due from related parties in the Company’s consolidated statements of financial condition.


(dollars in thousands)	June 30, 2026		December 31, 2025
Management fees	$	420,520	$	430,539
Performance revenues	—		1,381
Administrative fees	104,014		111,690
Other expenses paid on behalf of the Company’s products and other related parties	166,304		150,446
Due from Related Parties	$	690,838	$	694,056