Business Segments · Fund Distributions

Private Equity — Fund Distributions

Blackstone Private Equity — Fund Distributions decreased by 48.6% to $426.38M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 31.8%, from $323.59M to $426.38M. Over 4 years (FY 2021 to FY 2025), Private Equity — Fund Distributions shows an upward trend with a 8.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryLiquidity
SignalHigher is better
VolatilityVolatile
First reportedQ1 2015
Last reportedQ4 2025

How to read this metric

Higher distributions indicate successful exits and liquidity events, which enhances investor confidence and supports future fundraising.

Detailed definition

Measures the total cash or assets returned to limited partners from the private equity segment's funds. This is a critic...

Peer comparison

Comparable to 'Realized Proceeds' or 'Capital Returned to LPs' at peer alternative asset managers.

Metric ID: bx_segment_private_equity_fund_distributions

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$307.99M$1.08B$648.96M$559.45M$256.44M$279.15M$346.71M$252.35M$345.65M$103.56M$382.50M$348.88M$508.49M$252.32M$323.59M$381.60M$1.44B$830.07M$426.38M
QoQ Change+251.5%-40.1%-13.8%-54.2%+8.9%+24.2%-27.2%+37.0%-70.0%+269.3%-8.8%+45.8%-50.4%+28.2%+17.9%+278.1%-42.5%-48.6%
YoY Change-16.7%-74.2%-46.6%-54.9%+34.8%-62.9%+10.3%+38.3%+47.1%+143.6%-15.4%+9.4%+183.8%+229.0%+31.8%
Range$103.56M$1.44B
CAGR+7.5%
Avg YoY Growth+30.5%
Median YoY Growth+10.3%
Current Streak2 quarters decline

Frequently Asked Questions

What is Blackstone's private equity — fund distributions?
Blackstone (BX) reported private equity — fund distributions of $426.38M in Q4 2025.
How has Blackstone's private equity — fund distributions changed year-over-year?
Blackstone's private equity — fund distributions increased by 31.8% year-over-year, from $323.59M to $426.38M.
What is the long-term trend for Blackstone's private equity — fund distributions?
Over 4 years (2021 to 2025), Blackstone's private equity — fund distributions has grown at a 8.5% compound annual growth rate (CAGR), from $2.22B to $3.08B.
What does private equity — fund distributions mean?
The total amount of capital returned to investors from private equity funds.