Business Segments · Management Fee Offsets
Private Equity — Management Fee Offsets
Blackstone Private Equity — Management Fee Offsets decreased by 27.1% to $9.01M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 17.2%, from $10.87M to $9.01M. Over 4 years (FY 2021 to FY 2025), Private Equity — Management Fee Offsets shows an upward trend with a 10.1% CAGR.
Analysis
StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2017
Last reportedQ1 2026May 8, 2026
How to read this metric
Higher offsets may indicate high transaction fee activity being shared with investors, which is generally positive for investor relations.
Detailed definition
Represents reductions to management fees, often resulting from the sharing of transaction or advisory fees with limited...
Peer comparison
Comparable to 'Fee Waivers' or 'Fee Sharing Arrangements' at other alternative asset managers.
Metric ID:
bx_segment_private_equity_management_fee_offsetsHistorical Data
20 periods
| 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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.6M | -$10K | $15.74M | $27.14M | $23.16M | $3.63M | $2.15M | $1.31M | $794K | $2M | $1.12M | $275K | -$376K | $4.13M | $2.02M | $10.87M | $7.76M | $17.92M | $12.36M | $9.01M |
| QoQ Change | — | -100.3% | >999% | +72.5% | -14.7% | -84.3% | -41.0% | -38.9% | -39.4% | +151.9% | -43.8% | -75.5% | -236.7% | >999% | -51.1% | +438.8% | -28.6% | +130.9% | -31.0% | -27.1% |
| YoY Change | — | — | — | — | +543.1% | >999% | -86.4% | -95.2% | -96.6% | -45.0% | -47.6% | -79.0% | -147.4% | +106.3% | +79.5% | >999% | >999% | +334.1% | +512.4% | -17.2% |
Range-$376K – $27.14M
CAGR+21.3%
Avg YoY Growth>999%
Median YoY Growth+31.2%
Current Streak2 quarters decline
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Blackstone's private equity — management fee offsets?
- Blackstone (BX) reported private equity — management fee offsets of $9.01M in Q1 2026.
- How has Blackstone's private equity — management fee offsets changed year-over-year?
- Blackstone's private equity — management fee offsets decreased by 17.2% year-over-year, from $10.87M to $9.01M.
- What is the long-term trend for Blackstone's private equity — management fee offsets?
- Over 4 years (2021 to 2025), Blackstone's private equity — management fee offsets has grown at a 10.1% compound annual growth rate (CAGR), from $33.25M to $48.9M.
- What does private equity — management fee offsets mean?
- Reductions in management fees passed back to investors.