Published online by Cambridge University Press: 20 November 2018
For $T$ a compact torus and $E_{T}^{*}$ a generalized $T$-equivariant cohomology theory, we provide a systematic framework for computing $E_{T}^{*}$ in the context of equivariantly stratified smooth complex projective varieties. This allows us to explicitly compute $H_{T}^{*}\left( X \right)$ as an $H_{T}^{*}\left( pt \right)$-module when $X$ is a direct limit of smooth complex projective ${{T}_{\mathbb{C}}}$-varieties. We perform this computation on the affine Grassmannian of a complex semisimple group.