Blackstone Credit And Insurance — Base Management Fees decreased by 1.0% to $509.85M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.0%, from $443.22M to $509.85M. Over 4 years (FY 2021 to FY 2025), Credit And Insurance — Base Management Fees shows an upward trend with a 25.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Growth in base fees indicates an expansion of the fee-earning asset base and long-term revenue stability.
Recurring fees charged to investors based on the committed or invested capital within the credit and insurance segment....
Comparable to management fee revenue reported by asset management peers.
bx_segment_credit_and_insurance_base_management_fees| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $166.54M | $197.59M | $239.87M | $292.45M | $306.59M | $312.66M | $273.59M | $326.78M | $326.07M | $324.15M | $329.94M | $360.92M | $380.94M | $407.95M | $411.84M | $443.22M | $467.66M | $483.08M | $515.19M | $509.85M |
| QoQ Change | — | +18.6% | +21.4% | +21.9% | +4.8% | +2.0% | -12.5% | +19.4% | -0.2% | -0.6% | +1.8% | +9.4% | +5.5% | +7.1% | +1.0% | +7.6% | +5.5% | +3.3% | +6.6% | -1.0% |
| YoY Change | — | — | — | — | +84.1% | +58.2% | +14.1% | +11.7% | +6.4% | +3.7% | +20.6% | +10.4% | +16.8% | +25.9% | +24.8% | +22.8% | +22.8% | +18.4% | +25.1% | +15.0% |