Blackstone Surpasses $1.3 Trillion in Q1 AUM... 'All-Time High'

Continued Upward Trajectory Despite Uncertainty from Iran Conflict and AI

Blackstone, the world's largest alternative investment manager, has further scaled up its operations, surpassing $1.304 trillion in assets under management (AUM).

On April 24, Blackstone announced in its Q1 2026 earnings release that its AUM had reached $1.304 trillion (approximately KRW 1,935 trillion), marking a 12% increase compared to the same period last year.

Despite heightened market volatility driven by the ongoing conflict between the United States and Iran as well as uncertainties related to artificial intelligence (AI), Blackstone achieved strong performance across its major strategies, setting a new record for AUM.

Net inflows for the first quarter totaled $69 billion. On a trailing 12-month basis, the firm attracted approximately $250 billion in new capital.

Growth in the infrastructure division was particularly notable. Including assets under construction, Blackstone’s global data center portfolio has already exceeded $150 billion. In addition, the company has secured a development pipeline valued at $160 billion. To meet the surging energy demand from data centers, Blackstone is also actively participating in the modernization and expansion of the U.S. power grid.

The Credit and Insurance (BXCI) division grew by 18% year-on-year. In the first quarter, Blackstone achieved its highest-ever fundraising results from institutional and insurance clients. With capital demand for AI infrastructure outpacing the supply capacity of public markets, the company expects even greater growth opportunities in this sector.

The Private Wealth division also maintained strong momentum, recording $310 billion in AUM, a 14% increase year-on-year and nearly a threefold increase over the past five years. Blackstone assessed that, despite an uncertain environment, it remains well-positioned to respond and sees ample room for further growth in the private wealth market.

Stephen Schwarzman, Blackstone's Chairman and CEO, stated, "Despite a period of significant market volatility, Blackstone delivered an outstanding first quarter, driven by nearly $70 billion in inflows and improved performance across our key strategies. In particular, our 'all-weather' investment model enabled us to protect assets and capture attractive investment opportunities even in turbulent markets."

This content was produced with the assistance of AI translation services.