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Offsetting Assets and Liabilities
3 Months Ended
Mar. 31, 2024
Offsetting [Abstract]  
Offsetting Assets and Liabilities Offsetting Assets and Liabilities
See Note 14, Consolidated Company-Sponsored Investment Funds, for disclosure of offsetting assets and liabilities of our consolidated company-sponsored investment funds.

Offsetting of assets as of March 31, 2024 and December 31, 2023 was as follows:
 
 Gross Amounts of Recognized AssetsGross Amounts Offset in the Statement of Financial ConditionNet Amounts of Assets Presented in the Statement of Financial ConditionFinancial
Instruments Collateral
Cash Collateral
Received
Net
Amount
 (in thousands)
March 31, 2024:
Securities borrowed$14,719 $— $14,719 $(14,719)$— $— 
Derivatives$13,857 $— $13,857 $— $(7,665)$6,192 
December 31, 2023:      
Securities borrowed$23,229 $— $23,229 $(23,229)$— $— 
Derivatives$14,518 $— $14,518 $— $(5,691)$8,827 
Offsetting of liabilities as of March 31, 2024 and December 31, 2023 was as follows:
 Gross Amounts of Recognized LiabilitiesGross Amounts Offset in the Statement of Financial ConditionNet Amounts of Liabilities Presented in the Statement of Financial ConditionFinancial
Instruments Collateral
Cash Collateral
Pledged
Net Amount
 (in thousands)
March 31, 2024:
Securities loaned$65,860 $— $65,860 $(65,860)$— $— 
Derivatives$11,859 $— $11,859 $— $(4,031)$7,828 
December 31, 2023:      
Securities loaned$125,101 $— $125,101 $(122,369)$— $2,732 
Derivatives$18,180 $— $18,180 $— $(7,795)$10,385 

Cash collateral, whether pledged or received on derivative instruments, is not considered material and, accordingly, is not disclosed by counterparty.