Business Segments · Fee Related Compensation

Multi Assets Investing — Fee Related Compensation

Blackstone Multi Assets Investing — Fee Related Compensation increased by 15.7% to $45.55M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 61.6%, from $28.19M to $45.55M. Over 3 years (FY 2022 to FY 2025), Multi Assets Investing — Fee Related Compensation shows relatively stable performance with a -1.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ4 2025

How to read this metric

Rising compensation relative to revenue may signal margin pressure, while lower ratios suggest improved operating leverage.

Detailed definition

The portion of compensation expense directly attributable to the fee-earning activities of the multi-assets segment. Thi...

Peer comparison

Standard 'Compensation and Benefits' expense category for asset management segments.

Metric ID: bx_segment_multi_assets_investing_fee_related_compensation

Historical Data

16 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$44.79M$44.79M$44.79M$44.79M$45.74M$42.28M$43.04M$33.44M$40.78M$37.89M$37.64M$28.19M$41.52M$42.88M$39.37M$45.55M
QoQ Change+0.0%+0.0%+0.0%+2.1%-7.6%+1.8%-22.3%+22.0%-7.1%-0.7%-25.1%+47.3%+3.3%-8.2%+15.7%
YoY Change+2.1%-5.6%-3.9%-25.3%-10.8%-10.4%-12.5%-15.7%+1.8%+13.2%+4.6%+61.6%
Range$28.19M$45.74M
CAGR+0.5%
Avg YoY Growth-0.1%
Median YoY Growth-4.8%

Frequently Asked Questions

What is Blackstone's multi assets investing — fee related compensation?
Blackstone (BX) reported multi assets investing — fee related compensation of $45.55M in Q4 2025.
How has Blackstone's multi assets investing — fee related compensation changed year-over-year?
Blackstone's multi assets investing — fee related compensation increased by 61.6% year-over-year, from $28.19M to $45.55M.
What is the long-term trend for Blackstone's multi assets investing — fee related compensation?
Over 3 years (2022 to 2025), Blackstone's multi assets investing — fee related compensation has grown at a -1.9% compound annual growth rate (CAGR), from $179.17M to $169.33M.
What does multi assets investing — fee related compensation mean?
Compensation costs related to the segment's fee-earning activities.