Blackstone's Credit & Insurance segment brought in $35.8bn of the $63.3bn of new capital the firm raised in the third quarter of 2026, according to results filed with the SEC on 22 October 2026. Inflows over the last twelve months reached $271.6bn, and total assets under management rose 10% year on year to $1,368.3bn at 30 September 2026.
- Inflows · Q3 202663.3 $bn
- Inflows, last twelve months · Q3 2026271.6 $bn
- Total assets under management · 30 September 20261,368.3 $bn
- Distributable earnings · Q3 20261.7 $bn
- Quarterly dividend · 22 October 20261.12 $ per share
Where the money went
| Segment | Inflows Q3 2026 ($bn) | Inflows, last twelve months ($bn) | Total AUM at 30 Sep 2026 ($bn) |
|---|---|---|---|
| Real Estate | 6.3 | 29.6 | 309.0 |
| Private Equity | 12.6 | 77.8 | 465.4 |
| Credit & Insurance | 35.8 | 142.8 | 480.0 |
| Multi-Asset Investing | 8.6 | 21.4 | 113.9 |
| Total | 63.3 | 271.6 | 1,368.3 |
Source: Blackstone Inc., Q3 2026 results (Form 8-K, Exhibit 99.1), 30 September 2026.
Within credit, infrastructure and asset-based credit strategies took $18.0bn, including the insurance accounts, and global direct lending took $11.9bn. Private equity inflows included $3.7bn for infrastructure, $3.1bn for secondaries and $2.5bn for the fifth energy transition fund. Real estate raised $6.3bn, including $1.3bn for the BREIT fund. Private equity assets grew 18% year on year and Multi-Asset Investing assets 22%.
“Our flagship strategies outperformed comparable public market indices and inflows reached $63 billion, with positive momentum across our major fund-raising channels.”
Fee-related earnings rose 6% year on year to $1.6bn, or $1.26 per share, but distributable earnings fell 9% to $1.7bn, or $1.32 per share, as net realizations dropped 34%. GAAP net income attributable to Blackstone Inc. was $662m, or $0.83 per diluted share, against $625m a year earlier. Infrastructure funds appreciated 6.4% in the quarter, while opportunistic real estate fell 3.2%. The $1.12 dividend is payable on 9 November 2026 to holders of record on 2 November 2026.
- Blackstone Inc., Q3 2026 results (Form 8-K, Exhibit 99.1), 22 Oct 2026, 12:55 CEST