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Fair Value Measurement - Partnership's Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) (USD $)
In Millions, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Fair Value On Recurring Basis [Line Items]    
Total Assets $ 26,090.5 $ 24,836.3
Loans payable of Consolidated Funds 15,019.8 13,656.7
Interest rate swaps 7.8 10.5
Derivative instruments of the CLOs 8.9 15.8
Contingent consideration 229.1 244.3
Total Liabilities 15,265.6 13,927.3
Equity Securities [Member]
   
Fair Value On Recurring Basis [Line Items]    
Total Assets 3,424.9 3,379.9
Bonds [Member]
   
Fair Value On Recurring Basis [Line Items]    
Total Assets 1,058.9 934.2
Loans [Member]
   
Fair Value On Recurring Basis [Line Items]    
Total Assets 13,771.2 13,290.1
Partnerships and LLC Interests [Member]
   
Fair Value On Recurring Basis [Line Items]    
Total Assets 3,840.6 4,315.5
Hedge Funds [Member]
   
Fair Value On Recurring Basis [Line Items]    
Total Assets 3,961.0 2,888.7
Other [Member]
   
Fair Value On Recurring Basis [Line Items]    
Total Assets 11.5 7.3
Investments of Consolidated Funds [Member]
   
Fair Value On Recurring Basis [Line Items]    
Total Assets 26,068.1 24,815.7
Trading Securities [Member]
   
Fair Value On Recurring Basis [Line Items]    
Total Assets 10.0 20.0
Restricted Securities of Consolidated Funds [Member]
   
Fair Value On Recurring Basis [Line Items]    
Total Assets 12.4 0.6
Level I [Member]
   
Fair Value On Recurring Basis [Line Items]    
Total Assets 801.1 873.4
Level I [Member] | Equity Securities [Member]
   
Fair Value On Recurring Basis [Line Items]    
Total Assets 788.7 872.8
Level I [Member] | Investments of Consolidated Funds [Member]
   
Fair Value On Recurring Basis [Line Items]    
Total Assets 788.7 872.8
Level I [Member] | Restricted Securities of Consolidated Funds [Member]
   
Fair Value On Recurring Basis [Line Items]    
Total Assets 12.4 0.6
Level II [Member]
   
Fair Value On Recurring Basis [Line Items]    
Total Assets 3,979.6 2,920.7
Interest rate swaps 7.8 10.5
Contingent consideration 56.9 57.6
Total Liabilities 64.7 68.1
Level II [Member] | Equity Securities [Member]
   
Fair Value On Recurring Basis [Line Items]    
Total Assets 18.6 32.0
Level II [Member] | Hedge Funds [Member]
   
Fair Value On Recurring Basis [Line Items]    
Total Assets 3,961.0 2,888.7
Level II [Member] | Investments of Consolidated Funds [Member]
   
Fair Value On Recurring Basis [Line Items]    
Total Assets 3,979.6 2,920.7
Level III [Member]
   
Fair Value On Recurring Basis [Line Items]    
Total Assets 21,309.8 21,042.2
Loans payable of Consolidated Funds 15,019.8 13,656.7
Derivative instruments of the CLOs 8.9 15.8
Contingent consideration 172.2 186.7
Total Liabilities 15,200.9 13,859.2
Level III [Member] | Equity Securities [Member]
   
Fair Value On Recurring Basis [Line Items]    
Total Assets 2,617.6 2,475.1
Level III [Member] | Bonds [Member]
   
Fair Value On Recurring Basis [Line Items]    
Total Assets 1,058.9 934.2
Level III [Member] | Loans [Member]
   
Fair Value On Recurring Basis [Line Items]    
Total Assets 13,771.2 13,290.1
Level III [Member] | Partnerships and LLC Interests [Member]
   
Fair Value On Recurring Basis [Line Items]    
Total Assets 3,840.6 4,315.5
Level III [Member] | Other [Member]
   
Fair Value On Recurring Basis [Line Items]    
Total Assets 11.5 7.3
Level III [Member] | Investments of Consolidated Funds [Member]
   
Fair Value On Recurring Basis [Line Items]    
Total Assets 21,299.8 21,022.2
Level III [Member] | Trading Securities [Member]
   
Fair Value On Recurring Basis [Line Items]    
Total Assets $ 10.0 $ 20.0