Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2026

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary of Aggregate Notional Amount and Fair Value of Derivative Financial Instruments

The table below summarizes the aggregate notional amount and fair value of the derivative financial instruments. The notional amount represents the absolute value amount of all outstanding derivative contracts.

	$		$		$		$		$		$		$		$
	March 31, 2026								December 31, 2025
	Assets				Liabilities				Assets				Liabilities
	Notional		Fair Value		Notional		Fair Value		Notional		Fair Value		Notional		Fair Value
Freestanding Derivatives
Blackstone
Interest Rate Contracts	$	613,550	$	130,405	$	601,000	$	90,392	$	613,740	$	123,747	$	601,000	$	97,283
Foreign Currency Contracts		715,018		20,960		473,997		9,227		443,001		7,446		1,030,702		17,310
Credit Default Swaps		—		—		640		18		—		—		640		19
Total Return Swaps		44,060		5,273		—		—		23,532		3,364		—		—
Equity Options		—		—		1,484,840		1,149,255		—		—		1,462,632		1,124,147

		1,372,628		156,638		2,560,477		1,248,892		1,080,273		134,557		3,094,974		1,238,759

Investments of Consolidated Blackstone Funds
Interest Rate Contracts		865,519		14,007		865,519		14,007		880,390		12,780		880,390		12,780
Foreign Currency Contracts		5,820		21		—		—		—		—		—		—

		871,339		14,028		865,519		14,007		880,390		12,780		880,390		12,780

	$	2,243,967	$	170,666	$	3,425,996	$	1,262,899	$	1,960,663	$	147,337	$	3,975,364	$	1,251,539

Summary of Impact of Derivative Financial Instruments to Consolidated Statements of Operations

The table below summarizes the impact to the Condensed Consolidated Statements of Operations from derivative financial instruments:

	$			$
	Three Months Ended March 31,
	2026			2025
Freestanding Derivatives
Realized Losses
Foreign Currency Contracts	$	(14,635	)	$	(11,892	)
Total Return Swaps		1,180			776

		(13,455	)		(11,116	)

Net Change in Unrealized Gains (Losses)
Interest Rate Contracts		13,401			7,386
Foreign Currency Contracts		21,617			16,727
Credit Default Swaps		—			(6	)
Total Return Swaps		1,851			3,728
Equity Options		(25,108	)		(88,080	)

		11,761			(60,245	)

	$	(1,694	)	$	(71,361	)