Business Segments · Base Management Fees

Multi Assets Investing — Base Management Fees

Blackstone Multi Assets Investing — Base Management Fees increased by 1.4% to $139.34M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 27.7%, from $109.14M to $139.34M. Over 3 years (FY 2022 to FY 2025), Multi Assets Investing — Base Management Fees shows relatively stable performance with a 0.8% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2022
Last reportedQ4 2025

How to read this metric

An increase indicates growth in fee-earning assets under management or higher fee rates, while a decrease suggests asset outflows or fee compression.

Detailed definition

Represents the recurring revenue generated from managing client capital within the multi-assets investment segment. Thes...

Peer comparison

Standard across alternative asset managers as 'Management Fees' or 'Base Management Fees'.

Metric ID: bx_segment_multi_assets_investing_base_management_fees

Historical Data

16 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$128.84M$128.84M$128.84M$128.84M$135.77M$117.81M$116.81M$99.85M$129.27M$116.60M$119.38M$109.14M$120.85M$130.79M$137.45M$139.34M
QoQ Change+0.0%+0.0%+0.0%+5.4%-13.2%-0.8%-14.5%+29.5%-9.8%+2.4%-8.6%+10.7%+8.2%+5.1%+1.4%
YoY Change+5.4%-8.6%-9.3%-22.5%-4.8%-1.0%+2.2%+9.3%-6.5%+12.2%+15.1%+27.7%
Range$99.85M$139.34M
CAGR+2.1%
Avg YoY Growth+1.6%
Median YoY Growth+0.6%
Current Streak4 quarters growth

Frequently Asked Questions

What is Blackstone's multi assets investing — base management fees?
Blackstone (BX) reported multi assets investing — base management fees of $139.34M in Q4 2025.
How has Blackstone's multi assets investing — base management fees changed year-over-year?
Blackstone's multi assets investing — base management fees increased by 27.7% year-over-year, from $109.14M to $139.34M.
What is the long-term trend for Blackstone's multi assets investing — base management fees?
Over 3 years (2022 to 2025), Blackstone's multi assets investing — base management fees has grown at a 0.8% compound annual growth rate (CAGR), from $515.37M to $528.44M.
What does multi assets investing — base management fees mean?
Recurring revenue earned from managing client assets in the multi-assets segment.