Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 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.

	$		$		$		$		$		$		$		$
	June 30, 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	$	612,050	$	129,193	$	666,331	$	98,081	$	613,740	$	123,747	$	601,000	$	97,283
Foreign Currency Contracts		567,468		10,158		476,754		8,535		443,001		7,446		1,030,702		17,310
Credit Default Swaps		—		—		640		21		—		—		640		19
Total Return Swaps		81,490		8,872		—		—		23,532		3,364		—		—
Equity Options		—		—		1,521,822		1,152,061		—		—		1,462,632		1,124,147

		1,261,008		148,223		2,665,547		1,258,698		1,080,273		134,557		3,094,974		1,238,759

Investments of Consolidated Blackstone Funds
Interest Rate Contracts		858,527		10,028		858,527		10,028		880,390		12,780		880,390		12,780
Foreign Currency Contracts		—		—		5,835		26		—		—		—		—

		858,527		10,028		864,362		10,054		880,390		12,780		880,390		12,780

	$	2,119,535	$	158,251	$	3,529,909	$	1,268,752	$	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 June 30,						Six Months Ended June 30,
	2026			2025			2026			2025
Freestanding Derivatives
Realized Gains (Losses)
Foreign Currency Contracts	$	5,018		$	11,776		$	(9,617	)	$	(116	)
Credit Default Swaps		1			5			1			5
Total Return Swaps		774			7,698			1,954			8,474

		5,793			19,479			(7,662	)		8,363

Net Change in Unrealized Gains (Losses)
Interest Rate Contracts		(5,106	)		(45,360	)		8,295			(37,974	)
Foreign Currency Contracts		(10,139	)		(23,103	)		11,478			(6,376	)
Credit Default Swaps		(2	)		(11	)		(2	)		(17	)
Total Return Swaps		1,685			(4,270	)		3,536			(542	)
Equity Options		(2,806	)		(52,469	)		(27,914	)		(140,549	)

		(16,368	)		(125,213	)		(4,607	)		(185,458	)

	$	(10,575	)	$	(105,734	)	$	(12,269	)	$	(177,095	)