Revenue

9 Months Ended

Sep. 30, 2020

Revenue from Contract with Customer [Abstract]

REVENUE

REVENUE

The geographic disaggregation of revenue for the three and nine months ended September 30, 2020 and 2019 are presented below. There are no revenues attributed to the company’s country of domicile, Bermuda.

	For the three months ended September 30,
$ in millions	2020	2019
Americas	1,118.2	1,286.0
UK	148.6	191.4
EMEA ex UK (Europe, Middle East, and Africa)	158.2	169.2
Asia	72.6	74.0
Total operating revenues	1,497.6	1,720.6

	For the nine months ended September 30,
$ in millions	2020	2019
Americas	3,356.2	3,037.5
UK	465.3	611.9
EMEA ex UK (Europe, Middle East, and Africa)	468.3	507.5
Asia	225.7	217.7
Total operating revenues	4,515.5	4,374.6

The opening and closing balances of deferred carried interest liabilities for the nine months ended September 30, 2020 were $45.8 million and $58.0 million, respectively (December 31, 2019: $61.3 million and $45.8 million, respectively). During the nine months ended September 30, 2020, no performance fee revenue was recognized that had been included in the deferred carried interest liability balance at the beginning of the period (September 30, 2019: $6.8 million).