Blackstone Private Equity — Management And Advisory Fees Net increased by 1.2% to $726.13M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 11.0%, from $654.44M to $726.13M. Over 4 years (FY 2021 to FY 2025), Private Equity — Management And Advisory Fees Net shows an upward trend with a 13.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase reflects growth in the core fee-generating capacity of the private equity business.
The total net revenue generated from management and advisory activities within the private equity segment, after account...
Comparable to 'Net Management Fees' or 'Fee-Related Earnings' at peer firms.
bx_segment_private_equity_management_and_advisory_fees_net| 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 | $393.28M | $420.33M | $442.87M | $406.99M | $437.85M | $487.15M | $496.74M | $465.08M | $491.07M | $476.81M | $475.40M | $476.17M | $514.85M | $552.82M | $654.44M | $621.79M | $706.30M | $717.39M | $726.13M |
| QoQ Change | — | +6.9% | +5.4% | -8.1% | +7.6% | +11.3% | +2.0% | -6.4% | +5.6% | -2.9% | -0.3% | +0.2% | +8.1% | +7.4% | +18.4% | -5.0% | +13.6% | +1.6% | +1.2% |
| YoY Change | — | — | — | — | +11.3% | +15.9% | +12.2% | +14.3% | +12.2% | -2.1% | -4.3% | +2.4% | +4.8% | +15.9% | +37.7% | +30.6% | +37.2% | +29.8% | +11.0% |