Credit And Insurance — Management Fee Offsets
Blackstone Credit And Insurance — Management Fee Offsets increased by 39.1% to $18.04M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 15.1%, from $21.25M to $18.04M. Over 4 years (FY 2021 to FY 2025), Credit And Insurance — Management Fee Offsets shows an upward trend with a 68.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase in offsets may indicate higher fee-sharing obligations or competitive pricing pressures, potentially impacting net revenue.
Detailed definition
Reductions applied to management fees, often due to fee sharing arrangements or credits provided to investors. This metr...
Peer comparison
Comparable to fee rebates or management fee waivers at other investment management firms.
bx_segment_credit_and_insurance_management_fee_offsetsHistorical Data
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.14M | $1.88M | $1.51M | $1.62M | $1.17M | $1.32M | $1.33M | $1.10M | $1.06M | $898.00K | $852.00K | $892.00K | $993.00K | $1.06M | $21.25M | $11.66M | $11.01M | $12.97M | $18.04M |
| QoQ Change | — | +65.7% | -20.0% | +7.4% | -28.0% | +13.6% | +0.2% | -16.9% | -4.1% | -15.0% | -5.1% | +4.7% | +11.3% | +6.9% | >999% | -45.1% | -5.6% | +17.8% | +39.1% |
| YoY Change | — | — | — | — | +2.5% | -29.8% | -12.1% | -32.0% | -9.4% | -32.1% | -35.7% | -19.0% | -6.0% | +18.3% | >999% | >999% | >999% | >999% | -15.1% |
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Frequently Asked Questions
- What is Blackstone's credit and insurance — management fee offsets?
- Blackstone (BX) reported credit and insurance — management fee offsets of $18.04M in Q4 2025.
- How has Blackstone's credit and insurance — management fee offsets changed year-over-year?
- Blackstone's credit and insurance — management fee offsets decreased by 15.1% year-over-year, from $21.25M to $18.04M.
- What is the long-term trend for Blackstone's credit and insurance — management fee offsets?
- Over 4 years (2021 to 2025), Blackstone's credit and insurance — management fee offsets has grown at a 68.5% compound annual growth rate (CAGR), from $6.65M to $53.67M.
- What does credit and insurance — management fee offsets mean?
- Reductions or credits applied to the gross management fees charged to investors.