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Investor Presentaiton

ASSETS UNDER MANAGEMENT - ROLLFORWARD Total AUM Rollforward ($ in millions) Three Months Ended June 30, 2022 Twelve Months Ended June 30, 2022 Real Estate Private Equity Hedge Fund Solutions Credit & Insurance Total Real Estate Private Equity Hedge Fund Solutions Credit & Insurance Total Beginning Balance $ 298,197 $ 267,956 $ 82,897 $ 266,442 $ 915,492 $ 207,548 $ 223,621 $ 79,145 $ 173,714 $ 684,029 Inflows 48,879 20,240 2,007 17,133 88,259 123,719 68,165 13,680 134,156 339,720 Outflows (3,841) (557) (3,261) (6,696) (14,356) (8,895) (3,118) (11,670) (15,120) (38,802) Net Flows 45,037 19,683 (1,254) 10,437 73,903 114,824 65,048 2,010 119,036 300,917 Realizations (19,847) (5,579) (478) (3,406) (29,309) (41,615) (33,194) (2,046) (18,398) (95,254) Market Activity (3,349) (6,174) (1,113) (8,643) (19,279) 39,281 20,412 942 (9,522) 51,113 Ending Balance $ 320,038 $ 275,886 $ 80,051 $ 264,829 $ 940,806 $ 320,038 $ 275,886 $ 80,051 $ 264,829 $ 940,806 % Change 7% 3% (3)% (1)% 3% 54% 23% 1% 52% 38% Fee-Earning AUM Rollforward ($ in millions) Three Months Ended June 30, 2022 Twelve Months Ended June 30, 2022 Real Estate Beginning Balance $ 240,621 Private Equity $ 160,946 Hedge Fund Solutions Credit & Insurance Total Real Estate $ 75,686 $ 200,690 $ 677,943 $ 166,263 Private Equity $ 132,475 Hedge Fund Solutions Credit & Insurance Total $ 72,240 $ 127,953 $ 498,933 Inflows 24,716 6,031 1,610 12,077 44,433 102,163 42,219 12,635 105,417 262,434 Outflows Net Flows Realizations Market Activity (3,525) (44) (3,205) (6,719) (13,492) (9,482) (3,545) (10,868) (14,121) (38,016) 21,191 5,987 (1,595) 5,358 30,941 92,681 38,674 1,767 91,296 224,418 (8,913) Ending Balance % Change (774) 252,126 (2,964) (447) (461) (1,000) (1,764) (8,734) (14,102) (10,955) (23,490) 16,671 (12,465) 4,837 (1,910) (10,759) (48,624) 532 $ 163,522 5% 2% (4)% $ 72,630 $ 195,549 (3)% $ 683,826 $ 252,126 $ 163,522 72,630 (12,941) $ 195,549 9,099 $ 683,826 1% 52% 23% 1% 53% 37% Inflows include contributions, capital raised, other increases in available capital (recallable capital and increased side-by-side commitments), purchases, inter-segment allocations and acquisitions. Outflows represent redemptions, client withdrawals and decreases in available capital (expired capital, expense drawdowns and decreased side-by-side commitments). Realizations represent realization proceeds from the disposition or other monetization of assets, current income or capital returned to investors from CLOS. Market Activity includes realized and unrealized gains (losses) on portfolio investments and the impact of foreign exchange rate fluctuations. AUM is reported in the segment where the assets are managed. Blackstone 16
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