Business Segments · Management Fee Offsets

Private Equity — Management Fee Offsets

Blackstone Private Equity — Management Fee Offsets decreased by 27.1% to $9.01M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 17.2%, from $10.87M to $9.01M. Over 4 years (FY 2021 to FY 2025), Private Equity — Management Fee Offsets shows an upward trend with a 10.1% CAGR.

Analysis

StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2017
Last reportedQ1 2026May 8, 2026

How to read this metric

Higher offsets may indicate high transaction fee activity being shared with investors, which is generally positive for investor relations.

Detailed definition

Represents reductions to management fees, often resulting from the sharing of transaction or advisory fees with limited...

Peer comparison

Comparable to 'Fee Waivers' or 'Fee Sharing Arrangements' at other alternative asset managers.

Metric ID: bx_segment_private_equity_management_fee_offsets

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$3.60M-$10.00K$15.74M$27.14M$23.16M$3.63M$2.15M$1.31M$794.00K$2.00M$1.12M$275.00K-$376.00K$4.13M$2.02M$10.87M$7.76M$17.92M$12.36M$9.01M
QoQ Change-100.3%>999%+72.5%-14.7%-84.3%-41.0%-38.9%-39.4%+151.9%-43.8%-75.5%-236.7%>999%-51.1%+438.8%-28.6%+130.9%-31.0%-27.1%
YoY Change+543.1%>999%-86.4%-95.2%-96.6%-45.0%-47.6%-79.0%-147.4%+106.3%+79.5%>999%>999%+334.1%+512.4%-17.2%
Range-$376.00K$27.14M
CAGR+21.3%
Avg YoY Growth>999%
Median YoY Growth+31.2%
Current Streak2 quarters decline

Frequently Asked Questions

What is Blackstone's private equity — management fee offsets?
Blackstone (BX) reported private equity — management fee offsets of $9.01M in Q1 2026.
How has Blackstone's private equity — management fee offsets changed year-over-year?
Blackstone's private equity — management fee offsets decreased by 17.2% year-over-year, from $10.87M to $9.01M.
What is the long-term trend for Blackstone's private equity — management fee offsets?
Over 4 years (2021 to 2025), Blackstone's private equity — management fee offsets has grown at a 10.1% compound annual growth rate (CAGR), from $33.25M to $48.90M.
What does private equity — management fee offsets mean?
Reductions in management fees passed back to investors.