Blackstone fundraising strengthens while distributable earnings decline
Blackstone ($BX) attracted $63 billion of inflows in the third quarter of 2026, taking assets under management to approximately $1.37 trillion. Fee-related earnings increased 6% to $1.57 billion, showing growth in the recurring management-fee business. The alternative asset manager also reported $228.9 billion of available investment capital across its funds. Distributable earnings nevertheless declined 9% to $1.72 billion, and the per-share figure fell 13% to $1.32. Realized performance fees dr