BX · 10-Q · 2026Q2 · Full report
Assets Under Management Growth
Blackstone Inc. · 2026-08-07 · Importance 64 · Surprise 56 · No source text
Total Assets Under Management increased $42.2 billion sequentially to $1.3463 trillion at June 30, 2026, led by $24.5 billion of Private Equity inflows, $31.0 billion of Credit & Insurance inflows and $8.2 billion of Real Estate inflows. For the six months ended June 30, 2026, total AUM rose $71.3 billion, with $136.8 billion of inflows exceeding $29.4 billion of outflows and $67.8 billion of realizations. Private Equity AUM grew $37.7 billion year to date, while Credit & Insurance grew $26.4 billion; Real Estate declined $5.2 billion because realizations, outflows and market depreciation exceeded inflows. The strongest fundraising demand was concentrated in private corporate credit, infrastructure and asset-based credit, Corporate Private Equity, Secondaries and infrastructure strategies.
Key facts
- Total Assets Under Management increased $71,332,601 thousand ($71.3 billion) compared to $1,274,931,234 thousand at December 31, 2025 to $1,346,263,835 thousand at June 30, 2026. source
- Fee-Earning Assets Under Management increased by $39,918,200 thousand ($39.9 billion) compared to $921,674,454 thousand at December 31, 2025 to $961,592,654 thousand at June 30, 2026. source
- As of June 30, 2026, BXGP Total Assets Under Management was $13.1 billion. source
- As of June 30, 2026, BIP Total Assets Under Management was $85.6 billion. source
- BCRED net asset value as of June 30, 2026 was $42.8 billion. source
- Total Assets Under Management increased by $42,246,201 thousand ($42.2 billion) compared to $1,304,017,634 thousand at March 31, 2026. source
- Real Estate Total Assets Under Management balance was $314,149,797 thousand ($314.1 billion) at June 30, 2026, down $1,134,519 thousand from March 31, 2026. source
- Credit & Insurance Total Assets Under Management balance was $469,317,440 thousand ($469.3 billion) at June 30, 2026, an increase of $11,855,289 thousand from March 31, 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | probable | +56.6% | Multi-Asset Investing inflows for the three months ended June 30, 2026 were $4,575,944 thousand ($4.6 billion) and market activity was… |
| revenue | positive | probable | +45.4% | Multi-Asset Investing inflows for the three months ended June 30, 2026 were $4,575,944 thousand ($4.6 billion) and market activity was… |
| revenue | positive | probable | — | Total Assets Under Management increased by $42,246,201 thousand ($42.2 billion) compared to $1,304,017,634 thousand at March 31, 2026. |
| revenue | negative | realized | — | Real Estate Total Assets Under Management balance was $314,149,797 thousand ($314.1 billion) at June 30, 2026, down $1,134,519 thousand… |
| revenue | positive | realized | — | Credit & Insurance Total Assets Under Management balance was $469,317,440 thousand ($469.3 billion) at June 30, 2026, an increase of… |
| revenue | positive | realized | — | Multi-Asset Investing Total Assets Under Management balance was $108,644,278 thousand ($108.6 billion) at June 30, 2026, an increase of… |
| revenue | positive | realized | — | Fee-Earning Assets Under Management were $961,592,654 thousand ($961.6 billion) at June 30, 2026, an increase of $23,996,200 thousand… |
| revenue | positive | realized | — | Credit & Insurance Invested Performance Eligible Assets Under Management as of June 30, 2026: $121,054,193 (thousands). |
| revenue | positive | realized | — | Multi-Asset Investing Invested Performance Eligible Assets Under Management as of June 30, 2026: $64,017,666 (thousands). |