Related Party Transactions	9 Months Ended
Related Party Transactions	Sep. 30, 2025
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions The Company may invest from time to time in funds or products advised by its Affiliates. The Company’s executive officers and directors may invest from time to time in funds advised or products offered by its Affiliates, or receive other investment services provided by its Affiliates, on substantially the same terms as other participating investors. In addition, the Company and its Affiliates earn asset- and performance-based fees and incur distribution and other expenses for services provided to Affiliate sponsored investment products. Affiliate management owners and the Company’s officers may serve as trustees or directors of certain investment vehicles from which the Company or an Affiliate earns fees. Also, from time to time, the Company may enter into ordinary course engagements for capital markets, banking, brokerage, and other services with beneficial owners of 5% or more of the Company’s voting securities. A prior owner of one of the Company’s consolidated Affiliates retains interests in certain of the Affiliate’s private equity partnerships and, as a result, is a related party of the Company. The prior owner’s interests are included in Other liabilities and were $14.5 million and $12.3 million as of December 31, 2024 and September 30, 2025, respectively. From time to time, certain funds of the Company’s consolidated Affiliates may make tax distributions to partners subject to clawback. The total receivable was $59.2 million and $66.2 million as of December 31, 2024 and September 30, 2025, respectively, and was included in Other assets on the Consolidated Balance Sheets. The total payable was $87.8 million and $88.7 million as of December 31, 2024 and September 30, 2025, respectively, and was included in Other liabilities. These amounts were primarily attributable to the non-controlling interests. The Company has related party transactions in association with its deferred and contingent payment obligations, and Affiliate equity transactions, as more fully described in Notes 7, 13, and 14.

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

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+ Details

AFFILIATED MANAGERS GROUP, INC. 10-Q