Investor Presentaiton
NET ACCRUED PERFORMANCE REVENUES - ADDITIONAL DETAIL
($ in millions, except per share data)
Real Estate
BREP IV
BREP V
BREP VI
BREP VII
2Q'21
1Q'22
2Q'22
2Q'22
Per Share
2Q'22 QoQ Rollforward
$
19
$
26
42
38
300
527
6 - 07
$
7 $
0.01
($ in millions)
3
0.00
Net
Net
32
0.03
Performance Realized
164
0.14
1Q'22
Revenues Distributions 2Q'22
BREP VIII
626
990
841
0.70
BREP IX
359
1,139
1,015
0.84
Real Estate
$ 4,817 $
(6) $
(1,320) $3,491
BREP Europe IV
89
93
83
0.07
BREP Europe V
312
548
120
0.10
Private Equity
4,070
(595)
(66) 3,408
BREP Europe VI
60
301
80
0.07
BREP Asia I
107
126
114
0.09
HFS
342
(37)
1
305
BREP Asia II
BPP
98
189
153
0.13
Credit &
265
734
755
0.62
318
43
(89)
271
Insurance
BREIT
BEPIF
BREDS
247
6
Total
$ 9,546 $
(596) $ (1,474) $7,476
32
37
15
0.01
BTAS
Real Estate
Private Equity
6
83
111
0.09
QoQ Change
(22)%
$
2,591 $
4,817 $
3,491 $
2.89
BCP IV
9
8
8 $
0.01
2Q'22 LTM Rollforward
BCP V
39
3
0.00
BCP VI
740
475
407
0.34
($ in millions)
BCP VII
1,351
1,257
975
0.81
BCP VIII
89
315
235
0.19
BCP Asia I
213
330
195
0.16
2Q'21
Net
Performance Realized
Revenues Distributions
Net
2Q'22
BEP I
28
27
27
0.02
BEP III
47
93
76
0.06
Real Estate
$ 2,591 $
4,325 $ (3,425) $ 3,491
BCEP
170
222
224
0.19
Tactical Opportunities
374
378
311
0.26
Private Equity
3,637
1,150
(1,379)
3,408
Growth
59
12
Secondaries
262
570
629
0.52
HFS
300
217
(212) 305
Infrastructure
81
106
67
0.06
Credit &
Life Sciences
BTAS/Other
Private Equity
23
22
24
0.02
233
310
Insurance
151
255
228
0.19
$
3,637 $
Hedge Fund Solutions
Credit & Insurance
Net Accrued Performance Revenues
$
$
$
300 $
$
233
6,761 $
4,070 $
342 $
318 $
9,546 $
3,408 $
2.82
Total
$ 6,761 $
6,003 $
(272)
(5,288) $7,476
271
305 $
271 $
7,476 $
0.25
0.22
6.18
YoY Change
11%
Net Accrued Performance Revenues ("NAPR") are presented net of performance compensation and excludes Performance Revenues realized but not yet distributed
as of the reporting date and clawback amounts, if any, which are disclosed in the 10-K/Q. Real Estate and Private Equity include co-investments, as applicable. Per
Share calculations are based on end of period DE Shares Outstanding (see page 23, Share Summary).
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