Intangible Assets and Goodwill (Tables)

6 Months Ended

Jun. 30, 2014

Goodwill And Intangible Assets Disclosure [Abstract]

Carrying Amount of Intangible Assets

The following table summarizes the carrying amount of intangible assets as of June 30, 2014 and December 31, 2013:

	As of
	June 30, 2014			December 31, 2013
	(Dollars in millions)
Acquired contractual rights	$	857.1		$	826.1
Acquired trademarks		6.9			6.9
Accumulated amortization		(368.6	)		(290.5	)
Finite-lived intangible assets, net		495.4			542.5
Goodwill		49.3			40.3
Intangible assets, net	$	544.7		$	582.8

Carrying Amount of Goodwill, by Segment

The following table summarizes the changes in the carrying amount of goodwill by segment as of June 30, 2014. There was no goodwill associated with the Partnership’s Corporate Private Equity and Real Assets segments.

	Global Market Strategies		Solutions		Total
	(Dollars in millions)
Balance as of December 31, 2013	$	28.0	$	12.3	$	40.3
Goodwill acquired during the period		—		8.6		8.6
Foreign currency translation		—		0.4		0.4
Balance as of June 30, 2014	$	28.0	$	21.3	$	49.3

Estimated Future Amortization Expense, Excluding Impairment Losses

The following table summarizes the estimated amortization expense for 2014 through 2018 and thereafter (Dollars in millions):

2014	$	102.5
2015		96.6
2016		84.5
2017		78.7
2018		71.6
Thereafter		113.0
	$	546.9