| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Management fees | $462M | $476M | $523M | $508M | $583M | $606M | $681M | $696M |
| Advisory and transaction fees, net | $267M | $181M | $205M | $195M | $277M | $378M | $352M | $306M |
| Incentive fees | $47M | $35M | $42M | $40M | $58M | $51M | $96M | $64M |
| Total | $6.02B | $7.77B | $5.28B | $5.55B | $6.81B | $9.82B | $9.86B | $5.06B |