It appears to be something that compiles properly with a non-Visual Studio compiler, probably gcc or clang, which support the extension "__PRETTY_FUNCTION__". The code parses a function signature and extracts a string that depends on some code that is not included here.
__PRETTY_FUNCTION__ is described
here[
^] for gcc. Info
here[
^] suggests that clang implements it in a similar fashion but with slightly different details.