BX · 10-Q · 2026Q2 · Full report

Capital Commitments and Obligations

Blackstone Inc. · 2026-08-07 · Importance 56 · Surprise 24 · No source text

At June 30, 2026, Blackstone and its general partners had $5.905 billion of remaining commitments to funds and other investments, while senior managing directors and certain professionals had $2.279 billion of remaining commitments. The largest company commitments were $2.808 billion in Private Equity and $889.6 million in Credit & Insurance, with $1.597 billion remaining under Treasury commitments. Consolidated contractual obligations totaled $29.493 billion, including $13.192 billion of operating borrowings, $5.444 billion of interest, $5.905 billion of operating-entity capital commitments and $2.067 billion of tax receivable agreement payments. Management expects these commitments to be funded through available cash, operating cash flow and investment realizations, with a substantial amount of capital commitments expected to be called over the next three years.

Key facts

• Blackstone and General Partner original total capital commitments: $13,592,897 (thousands) with remaining commitments of $5,904,553 (thousands) as of June 30, 2026. source
• Blackstone's minimum general partner commitments are generally less than 5% of the limited partner commitments of a fund. source

Impact estimates