Q2 2026 Earnings

Operating metrics disclosed this quarter

Read from the filing itself — XBRL does not carry these, so no standard financial dataset has them.

• Credit & Insurance Fee-Earning AUM Market Activity

  $1,053.83

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 277,502,688 $ 255,840,774 $ 313,255,195 $ 90,997,797 $ 937,596,454 $ 282,060,486 $ 226,219,392 $ 274,120,326 $ 77,669,746 $ 860,069,950 Inflows (a) 6,090,322 15,363,029 17,225,406 4,612,628 43,291,385 7,587,147 7,550,495 23,817,071 2,944,815 41,899,528 Outflows (b) (1,105,766 ) (4,116,572 ) (5,256,355 ) (2,122,321 ) (12,601,014 ) (1,712,885 ) (804,533 ) (5,872,807 ) (1,689,485 ) (10,079,710 ) Net Inflows 4,984,556 11,246,457 11,969,051 2,490,307 30,690,371 5,874,262 6,745,962 17,944,264 1,255,330 31,819,818 Realizations (c) (4,473,568 ) (4,558,846 ) (8,037,385 ) (677,049 ) (17,746,848 ) (5,405,545 ) (3,288,907 ) (7,006,088 ) (782,279 ) (16,482,819 ) Market Activity (d)(i) (593,256 ) 5,289,475 1,053,833 5,302,625 11,052,677 3,297,473 2,483,762 3,872,734 2,053,287 11,707,256 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (82,268 ) $ 11,977,086 $ 4,985,499 $ 7,115,883 $ 23,996,200 $ 3,766,190 $ 5,940,817 $ 14,810,910 $ 2,526,338 $ 27,044,255 Increase (Decrease) 0 % 5 % 2 % 8 % 3 % 1 % 3 % 5 % 3 % 3 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 279,427,148 $ 240,959,058 $ 315,640,583 $ 85,647,665 $ 921,674,454 $ 278,914,938 $ 212,182,896 $ 264,617,560 $ 74,993,209 $ 830,708,603 Inflows (a) 11,488,305 34,710,962 31,937,151 9,311,602 87,448,020 13,559,679 22,902,066 44,220,903 5,375,389 86,058,037 Outflows (b) (2,853,179 ) (8,806,792 ) (13,185,260 ) (3,603,794 ) (28,449,025 ) (4,309,189 ) (2,473,791 ) (10,802,441 ) (2,725,809 ) (20,311,230 ) Net Inflows 8,635,126 25,904,170 18,751,891 5,707,808 58,998,995 9,250,490 20,428,275 33,418,462 2,649,580 65,746,807 Realizations (c) (9,712,277 ) (9,387,367 ) (17,226,285 ) (1,289,669 ) (37,615,598 ) (9,222,193 ) (6,103,494 ) (14,857,276 ) (1,475,344 ) (31,658,307 ) Market Activity (d)(j) (929,577 ) 10,341,999 1,074,505 8,047,876 18,534,803 6,883,441 5,652,532 5,752,490 4,028,639 22,317,102 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (2,006,728 ) $ 26,858,802 $ 2,600,111 $ 12,466,015 $ 39,918,200 $ 6,911,738 $ 19,977,313 $ 24,313,676 $ 5,202,875 $ 56,405,602 Increase (Decrease) -1 % 11 % 1 % 15 % 4 % 2 % 9 % 9 % 7 % 7 % Annualized Base Management Fee Rate (f) 0.91 % 1.05 % 0.64 % 0.66 % 0.83 % 0.95 % 1.06 % 0.66 % 0.65 % 0.86 %

• Credit & Insurance Total AUM Market Activity

  $1,965.06

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 315,284,316 $ 429,909,808 $ 457,462,151 $ 101,361,359 $ 1,304,017,634 $ 319,988,734 $ 370,989,871 $ 388,720,401 $ 87,762,904 $ 1,167,461,910 Inflows (a) 8,192,794 24,519,793 31,011,510 4,575,944 68,300,041 7,222,446 15,323,222 26,818,000 2,713,566 52,077,234 Outflows (b) (2,156,644 ) (1,457,761 ) (7,626,498 ) (2,297,780 ) (13,538,683 ) (1,883,281 ) (1,804,870 ) (5,287,139 ) (1,796,301 ) (10,771,591 ) Net Inflows 6,036,150 23,062,032 23,385,012 2,278,164 54,761,358 5,339,165 13,518,352 21,530,861 917,265 41,305,643 Realizations (c) (6,615,294 ) (11,023,147 ) (13,494,781 ) (710,043 ) (31,843,265 ) (5,249,171 ) (7,316,081 ) (9,962,065 ) (825,058 ) (23,352,375 ) Market Activity (d)(g) (555,375 ) 12,203,627 1,965,058 5,714,798 19,328,108 4,915,997 11,715,100 7,006,975 2,154,091 25,792,163 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (1,134,519 ) $ 24,242,512 $ 11,855,289 $ 7,282,919 $ 42,246,201 $ 5,005,991 $ 17,917,371 $ 18,575,771 $ 2,246,298 $ 43,745,431 Increase (Decrease) 0 % 6 % 3 % 7 % 3 % 2 % 5 % 5 % 3 % 4 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 319,342,875 $ 416,423,156 $ 442,951,606 $ 96,213,597 $ 1,274,931,234 $ 315,353,132 $ 352,168,635 $ 375,507,818 $ 84,150,411 $ 1,127,179,996 Inflows (a) 14,969,507 44,872,883 68,030,495 8,968,475 136,841,360 13,398,076 37,007,746 57,167,112 6,138,984 113,711,918 Outflows (b) (5,001,796 ) (3,606,942 ) (16,976,185 ) (3,836,412 ) (29,421,335 ) (4,559,583 ) (5,242,894 ) (11,913,342 ) (2,919,861 ) (24,635,680 ) Net Inflows 9,967,711 41,265,941 51,054,310 5,132,063 107,420,025 8,838,493 31,764,852 45,253,770 3,219,123 89,076,238 Realizations (c) (13,654,328 ) (25,587,151 ) (27,161,677 ) (1,348,420 ) (67,751,576 ) (9,555,186 ) (13,783,306 ) (23,849,608 ) (1,649,886 ) (48,837,986 ) Market Activity (d)(h) (1,506,461 ) 22,050,374 2,473,201 8,647,038 31,664,152 10,358,286 18,757,061 10,384,192 4,289,554 43,789,093 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (5,193,078 ) $ 37,729,164 $ 26,365,834 $ 12,430,681 $ 71,332,601 $ 9,641,593 $ 36,738,607 $ 31,788,354 $ 5,858,791 $ 84,027,345 Increase (Decrease) -2 % 9 % 6 % 13 % 6 % 3 % 10 % 8 % 7 % 7 %

• Fee-Earning AUM Market Activity

  $11,052.68

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 277,502,688 $ 255,840,774 $ 313,255,195 $ 90,997,797 $ 937,596,454 $ 282,060,486 $ 226,219,392 $ 274,120,326 $ 77,669,746 $ 860,069,950 Inflows (a) 6,090,322 15,363,029 17,225,406 4,612,628 43,291,385 7,587,147 7,550,495 23,817,071 2,944,815 41,899,528 Outflows (b) (1,105,766 ) (4,116,572 ) (5,256,355 ) (2,122,321 ) (12,601,014 ) (1,712,885 ) (804,533 ) (5,872,807 ) (1,689,485 ) (10,079,710 ) Net Inflows 4,984,556 11,246,457 11,969,051 2,490,307 30,690,371 5,874,262 6,745,962 17,944,264 1,255,330 31,819,818 Realizations (c) (4,473,568 ) (4,558,846 ) (8,037,385 ) (677,049 ) (17,746,848 ) (5,405,545 ) (3,288,907 ) (7,006,088 ) (782,279 ) (16,482,819 ) Market Activity (d)(i) (593,256 ) 5,289,475 1,053,833 5,302,625 11,052,677 3,297,473 2,483,762 3,872,734 2,053,287 11,707,256 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (82,268 ) $ 11,977,086 $ 4,985,499 $ 7,115,883 $ 23,996,200 $ 3,766,190 $ 5,940,817 $ 14,810,910 $ 2,526,338 $ 27,044,255 Increase (Decrease) 0 % 5 % 2 % 8 % 3 % 1 % 3 % 5 % 3 % 3 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 279,427,148 $ 240,959,058 $ 315,640,583 $ 85,647,665 $ 921,674,454 $ 278,914,938 $ 212,182,896 $ 264,617,560 $ 74,993,209 $ 830,708,603 Inflows (a) 11,488,305 34,710,962 31,937,151 9,311,602 87,448,020 13,559,679 22,902,066 44,220,903 5,375,389 86,058,037 Outflows (b) (2,853,179 ) (8,806,792 ) (13,185,260 ) (3,603,794 ) (28,449,025 ) (4,309,189 ) (2,473,791 ) (10,802,441 ) (2,725,809 ) (20,311,230 ) Net Inflows 8,635,126 25,904,170 18,751,891 5,707,808 58,998,995 9,250,490 20,428,275 33,418,462 2,649,580 65,746,807 Realizations (c) (9,712,277 ) (9,387,367 ) (17,226,285 ) (1,289,669 ) (37,615,598 ) (9,222,193 ) (6,103,494 ) (14,857,276 ) (1,475,344 ) (31,658,307 ) Market Activity (d)(j) (929,577 ) 10,341,999 1,074,505 8,047,876 18,534,803 6,883,441 5,652,532 5,752,490 4,028,639 22,317,102 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (2,006,728 ) $ 26,858,802 $ 2,600,111 $ 12,466,015 $ 39,918,200 $ 6,911,738 $ 19,977,313 $ 24,313,676 $ 5,202,875 $ 56,405,602 Increase (Decrease) -1 % 11 % 1 % 15 % 4 % 2 % 9 % 9 % 7 % 7 % Annualized Base Management Fee Rate (f) 0.91 % 1.05 % 0.64 % 0.66 % 0.83 % 0.95 % 1.06 % 0.66 % 0.65 % 0.86 %

• Multi-Asset Investing Fee-Earning AUM Market Activity

  $5,302.63

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 277,502,688 $ 255,840,774 $ 313,255,195 $ 90,997,797 $ 937,596,454 $ 282,060,486 $ 226,219,392 $ 274,120,326 $ 77,669,746 $ 860,069,950 Inflows (a) 6,090,322 15,363,029 17,225,406 4,612,628 43,291,385 7,587,147 7,550,495 23,817,071 2,944,815 41,899,528 Outflows (b) (1,105,766 ) (4,116,572 ) (5,256,355 ) (2,122,321 ) (12,601,014 ) (1,712,885 ) (804,533 ) (5,872,807 ) (1,689,485 ) (10,079,710 ) Net Inflows 4,984,556 11,246,457 11,969,051 2,490,307 30,690,371 5,874,262 6,745,962 17,944,264 1,255,330 31,819,818 Realizations (c) (4,473,568 ) (4,558,846 ) (8,037,385 ) (677,049 ) (17,746,848 ) (5,405,545 ) (3,288,907 ) (7,006,088 ) (782,279 ) (16,482,819 ) Market Activity (d)(i) (593,256 ) 5,289,475 1,053,833 5,302,625 11,052,677 3,297,473 2,483,762 3,872,734 2,053,287 11,707,256 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (82,268 ) $ 11,977,086 $ 4,985,499 $ 7,115,883 $ 23,996,200 $ 3,766,190 $ 5,940,817 $ 14,810,910 $ 2,526,338 $ 27,044,255 Increase (Decrease) 0 % 5 % 2 % 8 % 3 % 1 % 3 % 5 % 3 % 3 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 279,427,148 $ 240,959,058 $ 315,640,583 $ 85,647,665 $ 921,674,454 $ 278,914,938 $ 212,182,896 $ 264,617,560 $ 74,993,209 $ 830,708,603 Inflows (a) 11,488,305 34,710,962 31,937,151 9,311,602 87,448,020 13,559,679 22,902,066 44,220,903 5,375,389 86,058,037 Outflows (b) (2,853,179 ) (8,806,792 ) (13,185,260 ) (3,603,794 ) (28,449,025 ) (4,309,189 ) (2,473,791 ) (10,802,441 ) (2,725,809 ) (20,311,230 ) Net Inflows 8,635,126 25,904,170 18,751,891 5,707,808 58,998,995 9,250,490 20,428,275 33,418,462 2,649,580 65,746,807 Realizations (c) (9,712,277 ) (9,387,367 ) (17,226,285 ) (1,289,669 ) (37,615,598 ) (9,222,193 ) (6,103,494 ) (14,857,276 ) (1,475,344 ) (31,658,307 ) Market Activity (d)(j) (929,577 ) 10,341,999 1,074,505 8,047,876 18,534,803 6,883,441 5,652,532 5,752,490 4,028,639 22,317,102 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (2,006,728 ) $ 26,858,802 $ 2,600,111 $ 12,466,015 $ 39,918,200 $ 6,911,738 $ 19,977,313 $ 24,313,676 $ 5,202,875 $ 56,405,602 Increase (Decrease) -1 % 11 % 1 % 15 % 4 % 2 % 9 % 9 % 7 % 7 % Annualized Base Management Fee Rate (f) 0.91 % 1.05 % 0.64 % 0.66 % 0.83 % 0.95 % 1.06 % 0.66 % 0.65 % 0.86 %

• Multi-Asset Investing Total AUM Market Activity

  $5,714.8

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 315,284,316 $ 429,909,808 $ 457,462,151 $ 101,361,359 $ 1,304,017,634 $ 319,988,734 $ 370,989,871 $ 388,720,401 $ 87,762,904 $ 1,167,461,910 Inflows (a) 8,192,794 24,519,793 31,011,510 4,575,944 68,300,041 7,222,446 15,323,222 26,818,000 2,713,566 52,077,234 Outflows (b) (2,156,644 ) (1,457,761 ) (7,626,498 ) (2,297,780 ) (13,538,683 ) (1,883,281 ) (1,804,870 ) (5,287,139 ) (1,796,301 ) (10,771,591 ) Net Inflows 6,036,150 23,062,032 23,385,012 2,278,164 54,761,358 5,339,165 13,518,352 21,530,861 917,265 41,305,643 Realizations (c) (6,615,294 ) (11,023,147 ) (13,494,781 ) (710,043 ) (31,843,265 ) (5,249,171 ) (7,316,081 ) (9,962,065 ) (825,058 ) (23,352,375 ) Market Activity (d)(g) (555,375 ) 12,203,627 1,965,058 5,714,798 19,328,108 4,915,997 11,715,100 7,006,975 2,154,091 25,792,163 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (1,134,519 ) $ 24,242,512 $ 11,855,289 $ 7,282,919 $ 42,246,201 $ 5,005,991 $ 17,917,371 $ 18,575,771 $ 2,246,298 $ 43,745,431 Increase (Decrease) 0 % 6 % 3 % 7 % 3 % 2 % 5 % 5 % 3 % 4 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 319,342,875 $ 416,423,156 $ 442,951,606 $ 96,213,597 $ 1,274,931,234 $ 315,353,132 $ 352,168,635 $ 375,507,818 $ 84,150,411 $ 1,127,179,996 Inflows (a) 14,969,507 44,872,883 68,030,495 8,968,475 136,841,360 13,398,076 37,007,746 57,167,112 6,138,984 113,711,918 Outflows (b) (5,001,796 ) (3,606,942 ) (16,976,185 ) (3,836,412 ) (29,421,335 ) (4,559,583 ) (5,242,894 ) (11,913,342 ) (2,919,861 ) (24,635,680 ) Net Inflows 9,967,711 41,265,941 51,054,310 5,132,063 107,420,025 8,838,493 31,764,852 45,253,770 3,219,123 89,076,238 Realizations (c) (13,654,328 ) (25,587,151 ) (27,161,677 ) (1,348,420 ) (67,751,576 ) (9,555,186 ) (13,783,306 ) (23,849,608 ) (1,649,886 ) (48,837,986 ) Market Activity (d)(h) (1,506,461 ) 22,050,374 2,473,201 8,647,038 31,664,152 10,358,286 18,757,061 10,384,192 4,289,554 43,789,093 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (5,193,078 ) $ 37,729,164 $ 26,365,834 $ 12,430,681 $ 71,332,601 $ 9,641,593 $ 36,738,607 $ 31,788,354 $ 5,858,791 $ 84,027,345 Increase (Decrease) -2 % 9 % 6 % 13 % 6 % 3 % 10 % 8 % 7 % 7 %

• Private Equity Fee-Earning AUM Market Activity

  $5,289.48

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 277,502,688 $ 255,840,774 $ 313,255,195 $ 90,997,797 $ 937,596,454 $ 282,060,486 $ 226,219,392 $ 274,120,326 $ 77,669,746 $ 860,069,950 Inflows (a) 6,090,322 15,363,029 17,225,406 4,612,628 43,291,385 7,587,147 7,550,495 23,817,071 2,944,815 41,899,528 Outflows (b) (1,105,766 ) (4,116,572 ) (5,256,355 ) (2,122,321 ) (12,601,014 ) (1,712,885 ) (804,533 ) (5,872,807 ) (1,689,485 ) (10,079,710 ) Net Inflows 4,984,556 11,246,457 11,969,051 2,490,307 30,690,371 5,874,262 6,745,962 17,944,264 1,255,330 31,819,818 Realizations (c) (4,473,568 ) (4,558,846 ) (8,037,385 ) (677,049 ) (17,746,848 ) (5,405,545 ) (3,288,907 ) (7,006,088 ) (782,279 ) (16,482,819 ) Market Activity (d)(i) (593,256 ) 5,289,475 1,053,833 5,302,625 11,052,677 3,297,473 2,483,762 3,872,734 2,053,287 11,707,256 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (82,268 ) $ 11,977,086 $ 4,985,499 $ 7,115,883 $ 23,996,200 $ 3,766,190 $ 5,940,817 $ 14,810,910 $ 2,526,338 $ 27,044,255 Increase (Decrease) 0 % 5 % 2 % 8 % 3 % 1 % 3 % 5 % 3 % 3 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 279,427,148 $ 240,959,058 $ 315,640,583 $ 85,647,665 $ 921,674,454 $ 278,914,938 $ 212,182,896 $ 264,617,560 $ 74,993,209 $ 830,708,603 Inflows (a) 11,488,305 34,710,962 31,937,151 9,311,602 87,448,020 13,559,679 22,902,066 44,220,903 5,375,389 86,058,037 Outflows (b) (2,853,179 ) (8,806,792 ) (13,185,260 ) (3,603,794 ) (28,449,025 ) (4,309,189 ) (2,473,791 ) (10,802,441 ) (2,725,809 ) (20,311,230 ) Net Inflows 8,635,126 25,904,170 18,751,891 5,707,808 58,998,995 9,250,490 20,428,275 33,418,462 2,649,580 65,746,807 Realizations (c) (9,712,277 ) (9,387,367 ) (17,226,285 ) (1,289,669 ) (37,615,598 ) (9,222,193 ) (6,103,494 ) (14,857,276 ) (1,475,344 ) (31,658,307 ) Market Activity (d)(j) (929,577 ) 10,341,999 1,074,505 8,047,876 18,534,803 6,883,441 5,652,532 5,752,490 4,028,639 22,317,102 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (2,006,728 ) $ 26,858,802 $ 2,600,111 $ 12,466,015 $ 39,918,200 $ 6,911,738 $ 19,977,313 $ 24,313,676 $ 5,202,875 $ 56,405,602 Increase (Decrease) -1 % 11 % 1 % 15 % 4 % 2 % 9 % 9 % 7 % 7 % Annualized Base Management Fee Rate (f) 0.91 % 1.05 % 0.64 % 0.66 % 0.83 % 0.95 % 1.06 % 0.66 % 0.65 % 0.86 %

• Private Equity Total AUM Market Activity

  $12,203.63

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 315,284,316 $ 429,909,808 $ 457,462,151 $ 101,361,359 $ 1,304,017,634 $ 319,988,734 $ 370,989,871 $ 388,720,401 $ 87,762,904 $ 1,167,461,910 Inflows (a) 8,192,794 24,519,793 31,011,510 4,575,944 68,300,041 7,222,446 15,323,222 26,818,000 2,713,566 52,077,234 Outflows (b) (2,156,644 ) (1,457,761 ) (7,626,498 ) (2,297,780 ) (13,538,683 ) (1,883,281 ) (1,804,870 ) (5,287,139 ) (1,796,301 ) (10,771,591 ) Net Inflows 6,036,150 23,062,032 23,385,012 2,278,164 54,761,358 5,339,165 13,518,352 21,530,861 917,265 41,305,643 Realizations (c) (6,615,294 ) (11,023,147 ) (13,494,781 ) (710,043 ) (31,843,265 ) (5,249,171 ) (7,316,081 ) (9,962,065 ) (825,058 ) (23,352,375 ) Market Activity (d)(g) (555,375 ) 12,203,627 1,965,058 5,714,798 19,328,108 4,915,997 11,715,100 7,006,975 2,154,091 25,792,163 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (1,134,519 ) $ 24,242,512 $ 11,855,289 $ 7,282,919 $ 42,246,201 $ 5,005,991 $ 17,917,371 $ 18,575,771 $ 2,246,298 $ 43,745,431 Increase (Decrease) 0 % 6 % 3 % 7 % 3 % 2 % 5 % 5 % 3 % 4 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 319,342,875 $ 416,423,156 $ 442,951,606 $ 96,213,597 $ 1,274,931,234 $ 315,353,132 $ 352,168,635 $ 375,507,818 $ 84,150,411 $ 1,127,179,996 Inflows (a) 14,969,507 44,872,883 68,030,495 8,968,475 136,841,360 13,398,076 37,007,746 57,167,112 6,138,984 113,711,918 Outflows (b) (5,001,796 ) (3,606,942 ) (16,976,185 ) (3,836,412 ) (29,421,335 ) (4,559,583 ) (5,242,894 ) (11,913,342 ) (2,919,861 ) (24,635,680 ) Net Inflows 9,967,711 41,265,941 51,054,310 5,132,063 107,420,025 8,838,493 31,764,852 45,253,770 3,219,123 89,076,238 Realizations (c) (13,654,328 ) (25,587,151 ) (27,161,677 ) (1,348,420 ) (67,751,576 ) (9,555,186 ) (13,783,306 ) (23,849,608 ) (1,649,886 ) (48,837,986 ) Market Activity (d)(h) (1,506,461 ) 22,050,374 2,473,201 8,647,038 31,664,152 10,358,286 18,757,061 10,384,192 4,289,554 43,789,093 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (5,193,078 ) $ 37,729,164 $ 26,365,834 $ 12,430,681 $ 71,332,601 $ 9,641,593 $ 36,738,607 $ 31,788,354 $ 5,858,791 $ 84,027,345 Increase (Decrease) -2 % 9 % 6 % 13 % 6 % 3 % 10 % 8 % 7 % 7 %

• Real Estate Fee-Earning AUM Market Activity

  $-593.26

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 277,502,688 $ 255,840,774 $ 313,255,195 $ 90,997,797 $ 937,596,454 $ 282,060,486 $ 226,219,392 $ 274,120,326 $ 77,669,746 $ 860,069,950 Inflows (a) 6,090,322 15,363,029 17,225,406 4,612,628 43,291,385 7,587,147 7,550,495 23,817,071 2,944,815 41,899,528 Outflows (b) (1,105,766 ) (4,116,572 ) (5,256,355 ) (2,122,321 ) (12,601,014 ) (1,712,885 ) (804,533 ) (5,872,807 ) (1,689,485 ) (10,079,710 ) Net Inflows 4,984,556 11,246,457 11,969,051 2,490,307 30,690,371 5,874,262 6,745,962 17,944,264 1,255,330 31,819,818 Realizations (c) (4,473,568 ) (4,558,846 ) (8,037,385 ) (677,049 ) (17,746,848 ) (5,405,545 ) (3,288,907 ) (7,006,088 ) (782,279 ) (16,482,819 ) Market Activity (d)(i) (593,256 ) 5,289,475 1,053,833 5,302,625 11,052,677 3,297,473 2,483,762 3,872,734 2,053,287 11,707,256 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (82,268 ) $ 11,977,086 $ 4,985,499 $ 7,115,883 $ 23,996,200 $ 3,766,190 $ 5,940,817 $ 14,810,910 $ 2,526,338 $ 27,044,255 Increase (Decrease) 0 % 5 % 2 % 8 % 3 % 1 % 3 % 5 % 3 % 3 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 279,427,148 $ 240,959,058 $ 315,640,583 $ 85,647,665 $ 921,674,454 $ 278,914,938 $ 212,182,896 $ 264,617,560 $ 74,993,209 $ 830,708,603 Inflows (a) 11,488,305 34,710,962 31,937,151 9,311,602 87,448,020 13,559,679 22,902,066 44,220,903 5,375,389 86,058,037 Outflows (b) (2,853,179 ) (8,806,792 ) (13,185,260 ) (3,603,794 ) (28,449,025 ) (4,309,189 ) (2,473,791 ) (10,802,441 ) (2,725,809 ) (20,311,230 ) Net Inflows 8,635,126 25,904,170 18,751,891 5,707,808 58,998,995 9,250,490 20,428,275 33,418,462 2,649,580 65,746,807 Realizations (c) (9,712,277 ) (9,387,367 ) (17,226,285 ) (1,289,669 ) (37,615,598 ) (9,222,193 ) (6,103,494 ) (14,857,276 ) (1,475,344 ) (31,658,307 ) Market Activity (d)(j) (929,577 ) 10,341,999 1,074,505 8,047,876 18,534,803 6,883,441 5,652,532 5,752,490 4,028,639 22,317,102 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (2,006,728 ) $ 26,858,802 $ 2,600,111 $ 12,466,015 $ 39,918,200 $ 6,911,738 $ 19,977,313 $ 24,313,676 $ 5,202,875 $ 56,405,602 Increase (Decrease) -1 % 11 % 1 % 15 % 4 % 2 % 9 % 9 % 7 % 7 % Annualized Base Management Fee Rate (f) 0.91 % 1.05 % 0.64 % 0.66 % 0.83 % 0.95 % 1.06 % 0.66 % 0.65 % 0.86 %

• Real Estate Total AUM Market Activity

  $-555.38

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 315,284,316 $ 429,909,808 $ 457,462,151 $ 101,361,359 $ 1,304,017,634 $ 319,988,734 $ 370,989,871 $ 388,720,401 $ 87,762,904 $ 1,167,461,910 Inflows (a) 8,192,794 24,519,793 31,011,510 4,575,944 68,300,041 7,222,446 15,323,222 26,818,000 2,713,566 52,077,234 Outflows (b) (2,156,644 ) (1,457,761 ) (7,626,498 ) (2,297,780 ) (13,538,683 ) (1,883,281 ) (1,804,870 ) (5,287,139 ) (1,796,301 ) (10,771,591 ) Net Inflows 6,036,150 23,062,032 23,385,012 2,278,164 54,761,358 5,339,165 13,518,352 21,530,861 917,265 41,305,643 Realizations (c) (6,615,294 ) (11,023,147 ) (13,494,781 ) (710,043 ) (31,843,265 ) (5,249,171 ) (7,316,081 ) (9,962,065 ) (825,058 ) (23,352,375 ) Market Activity (d)(g) (555,375 ) 12,203,627 1,965,058 5,714,798 19,328,108 4,915,997 11,715,100 7,006,975 2,154,091 25,792,163 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (1,134,519 ) $ 24,242,512 $ 11,855,289 $ 7,282,919 $ 42,246,201 $ 5,005,991 $ 17,917,371 $ 18,575,771 $ 2,246,298 $ 43,745,431 Increase (Decrease) 0 % 6 % 3 % 7 % 3 % 2 % 5 % 5 % 3 % 4 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 319,342,875 $ 416,423,156 $ 442,951,606 $ 96,213,597 $ 1,274,931,234 $ 315,353,132 $ 352,168,635 $ 375,507,818 $ 84,150,411 $ 1,127,179,996 Inflows (a) 14,969,507 44,872,883 68,030,495 8,968,475 136,841,360 13,398,076 37,007,746 57,167,112 6,138,984 113,711,918 Outflows (b) (5,001,796 ) (3,606,942 ) (16,976,185 ) (3,836,412 ) (29,421,335 ) (4,559,583 ) (5,242,894 ) (11,913,342 ) (2,919,861 ) (24,635,680 ) Net Inflows 9,967,711 41,265,941 51,054,310 5,132,063 107,420,025 8,838,493 31,764,852 45,253,770 3,219,123 89,076,238 Realizations (c) (13,654,328 ) (25,587,151 ) (27,161,677 ) (1,348,420 ) (67,751,576 ) (9,555,186 ) (13,783,306 ) (23,849,608 ) (1,649,886 ) (48,837,986 ) Market Activity (d)(h) (1,506,461 ) 22,050,374 2,473,201 8,647,038 31,664,152 10,358,286 18,757,061 10,384,192 4,289,554 43,789,093 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (5,193,078 ) $ 37,729,164 $ 26,365,834 $ 12,430,681 $ 71,332,601 $ 9,641,593 $ 36,738,607 $ 31,788,354 $ 5,858,791 $ 84,027,345 Increase (Decrease) -2 % 9 % 6 % 13 % 6 % 3 % 10 % 8 % 7 % 7 %

• Total AUM Market Activity

  $19,328.11

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 315,284,316 $ 429,909,808 $ 457,462,151 $ 101,361,359 $ 1,304,017,634 $ 319,988,734 $ 370,989,871 $ 388,720,401 $ 87,762,904 $ 1,167,461,910 Inflows (a) 8,192,794 24,519,793 31,011,510 4,575,944 68,300,041 7,222,446 15,323,222 26,818,000 2,713,566 52,077,234 Outflows (b) (2,156,644 ) (1,457,761 ) (7,626,498 ) (2,297,780 ) (13,538,683 ) (1,883,281 ) (1,804,870 ) (5,287,139 ) (1,796,301 ) (10,771,591 ) Net Inflows 6,036,150 23,062,032 23,385,012 2,278,164 54,761,358 5,339,165 13,518,352 21,530,861 917,265 41,305,643 Realizations (c) (6,615,294 ) (11,023,147 ) (13,494,781 ) (710,043 ) (31,843,265 ) (5,249,171 ) (7,316,081 ) (9,962,065 ) (825,058 ) (23,352,375 ) Market Activity (d)(g) (555,375 ) 12,203,627 1,965,058 5,714,798 19,328,108 4,915,997 11,715,100 7,006,975 2,154,091 25,792,163 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (1,134,519 ) $ 24,242,512 $ 11,855,289 $ 7,282,919 $ 42,246,201 $ 5,005,991 $ 17,917,371 $ 18,575,771 $ 2,246,298 $ 43,745,431 Increase (Decrease) 0 % 6 % 3 % 7 % 3 % 2 % 5 % 5 % 3 % 4 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 319,342,875 $ 416,423,156 $ 442,951,606 $ 96,213,597 $ 1,274,931,234 $ 315,353,132 $ 352,168,635 $ 375,507,818 $ 84,150,411 $ 1,127,179,996 Inflows (a) 14,969,507 44,872,883 68,030,495 8,968,475 136,841,360 13,398,076 37,007,746 57,167,112 6,138,984 113,711,918 Outflows (b) (5,001,796 ) (3,606,942 ) (16,976,185 ) (3,836,412 ) (29,421,335 ) (4,559,583 ) (5,242,894 ) (11,913,342 ) (2,919,861 ) (24,635,680 ) Net Inflows 9,967,711 41,265,941 51,054,310 5,132,063 107,420,025 8,838,493 31,764,852 45,253,770 3,219,123 89,076,238 Realizations (c) (13,654,328 ) (25,587,151 ) (27,161,677 ) (1,348,420 ) (67,751,576 ) (9,555,186 ) (13,783,306 ) (23,849,608 ) (1,649,886 ) (48,837,986 ) Market Activity (d)(h) (1,506,461 ) 22,050,374 2,473,201 8,647,038 31,664,152 10,358,286 18,757,061 10,384,192 4,289,554 43,789,093 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (5,193,078 ) $ 37,729,164 $ 26,365,834 $ 12,430,681 $ 71,332,601 $ 9,641,593 $ 36,738,607 $ 31,788,354 $ 5,858,791 $ 84,027,345 Increase (Decrease) -2 % 9 % 6 % 13 % 6 % 3 % 10 % 8 % 7 % 7 %

• Credit & Insurance Fee-Earning AUM Inflows

  $17,225.41

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 277,502,688 $ 255,840,774 $ 313,255,195 $ 90,997,797 $ 937,596,454 $ 282,060,486 $ 226,219,392 $ 274,120,326 $ 77,669,746 $ 860,069,950 Inflows (a) 6,090,322 15,363,029 17,225,406 4,612,628 43,291,385 7,587,147 7,550,495 23,817,071 2,944,815 41,899,528 Outflows (b) (1,105,766 ) (4,116,572 ) (5,256,355 ) (2,122,321 ) (12,601,014 ) (1,712,885 ) (804,533 ) (5,872,807 ) (1,689,485 ) (10,079,710 ) Net Inflows 4,984,556 11,246,457 11,969,051 2,490,307 30,690,371 5,874,262 6,745,962 17,944,264 1,255,330 31,819,818 Realizations (c) (4,473,568 ) (4,558,846 ) (8,037,385 ) (677,049 ) (17,746,848 ) (5,405,545 ) (3,288,907 ) (7,006,088 ) (782,279 ) (16,482,819 ) Market Activity (d)(i) (593,256 ) 5,289,475 1,053,833 5,302,625 11,052,677 3,297,473 2,483,762 3,872,734 2,053,287 11,707,256 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (82,268 ) $ 11,977,086 $ 4,985,499 $ 7,115,883 $ 23,996,200 $ 3,766,190 $ 5,940,817 $ 14,810,910 $ 2,526,338 $ 27,044,255 Increase (Decrease) 0 % 5 % 2 % 8 % 3 % 1 % 3 % 5 % 3 % 3 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 279,427,148 $ 240,959,058 $ 315,640,583 $ 85,647,665 $ 921,674,454 $ 278,914,938 $ 212,182,896 $ 264,617,560 $ 74,993,209 $ 830,708,603 Inflows (a) 11,488,305 34,710,962 31,937,151 9,311,602 87,448,020 13,559,679 22,902,066 44,220,903 5,375,389 86,058,037 Outflows (b) (2,853,179 ) (8,806,792 ) (13,185,260 ) (3,603,794 ) (28,449,025 ) (4,309,189 ) (2,473,791 ) (10,802,441 ) (2,725,809 ) (20,311,230 ) Net Inflows 8,635,126 25,904,170 18,751,891 5,707,808 58,998,995 9,250,490 20,428,275 33,418,462 2,649,580 65,746,807 Realizations (c) (9,712,277 ) (9,387,367 ) (17,226,285 ) (1,289,669 ) (37,615,598 ) (9,222,193 ) (6,103,494 ) (14,857,276 ) (1,475,344 ) (31,658,307 ) Market Activity (d)(j) (929,577 ) 10,341,999 1,074,505 8,047,876 18,534,803 6,883,441 5,652,532 5,752,490 4,028,639 22,317,102 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (2,006,728 ) $ 26,858,802 $ 2,600,111 $ 12,466,015 $ 39,918,200 $ 6,911,738 $ 19,977,313 $ 24,313,676 $ 5,202,875 $ 56,405,602 Increase (Decrease) -1 % 11 % 1 % 15 % 4 % 2 % 9 % 9 % 7 % 7 % Annualized Base Management Fee Rate (f) 0.91 % 1.05 % 0.64 % 0.66 % 0.83 % 0.95 % 1.06 % 0.66 % 0.65 % 0.86 %

• Credit & Insurance Fee-Earning AUM Net Flows

  $11,969.05

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 277,502,688 $ 255,840,774 $ 313,255,195 $ 90,997,797 $ 937,596,454 $ 282,060,486 $ 226,219,392 $ 274,120,326 $ 77,669,746 $ 860,069,950 Inflows (a) 6,090,322 15,363,029 17,225,406 4,612,628 43,291,385 7,587,147 7,550,495 23,817,071 2,944,815 41,899,528 Outflows (b) (1,105,766 ) (4,116,572 ) (5,256,355 ) (2,122,321 ) (12,601,014 ) (1,712,885 ) (804,533 ) (5,872,807 ) (1,689,485 ) (10,079,710 ) Net Inflows 4,984,556 11,246,457 11,969,051 2,490,307 30,690,371 5,874,262 6,745,962 17,944,264 1,255,330 31,819,818 Realizations (c) (4,473,568 ) (4,558,846 ) (8,037,385 ) (677,049 ) (17,746,848 ) (5,405,545 ) (3,288,907 ) (7,006,088 ) (782,279 ) (16,482,819 ) Market Activity (d)(i) (593,256 ) 5,289,475 1,053,833 5,302,625 11,052,677 3,297,473 2,483,762 3,872,734 2,053,287 11,707,256 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (82,268 ) $ 11,977,086 $ 4,985,499 $ 7,115,883 $ 23,996,200 $ 3,766,190 $ 5,940,817 $ 14,810,910 $ 2,526,338 $ 27,044,255 Increase (Decrease) 0 % 5 % 2 % 8 % 3 % 1 % 3 % 5 % 3 % 3 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 279,427,148 $ 240,959,058 $ 315,640,583 $ 85,647,665 $ 921,674,454 $ 278,914,938 $ 212,182,896 $ 264,617,560 $ 74,993,209 $ 830,708,603 Inflows (a) 11,488,305 34,710,962 31,937,151 9,311,602 87,448,020 13,559,679 22,902,066 44,220,903 5,375,389 86,058,037 Outflows (b) (2,853,179 ) (8,806,792 ) (13,185,260 ) (3,603,794 ) (28,449,025 ) (4,309,189 ) (2,473,791 ) (10,802,441 ) (2,725,809 ) (20,311,230 ) Net Inflows 8,635,126 25,904,170 18,751,891 5,707,808 58,998,995 9,250,490 20,428,275 33,418,462 2,649,580 65,746,807 Realizations (c) (9,712,277 ) (9,387,367 ) (17,226,285 ) (1,289,669 ) (37,615,598 ) (9,222,193 ) (6,103,494 ) (14,857,276 ) (1,475,344 ) (31,658,307 ) Market Activity (d)(j) (929,577 ) 10,341,999 1,074,505 8,047,876 18,534,803 6,883,441 5,652,532 5,752,490 4,028,639 22,317,102 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (2,006,728 ) $ 26,858,802 $ 2,600,111 $ 12,466,015 $ 39,918,200 $ 6,911,738 $ 19,977,313 $ 24,313,676 $ 5,202,875 $ 56,405,602 Increase (Decrease) -1 % 11 % 1 % 15 % 4 % 2 % 9 % 9 % 7 % 7 % Annualized Base Management Fee Rate (f) 0.91 % 1.05 % 0.64 % 0.66 % 0.83 % 0.95 % 1.06 % 0.66 % 0.65 % 0.86 %

• Credit & Insurance Fee-Earning AUM Outflows

  $5,256.36

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 277,502,688 $ 255,840,774 $ 313,255,195 $ 90,997,797 $ 937,596,454 $ 282,060,486 $ 226,219,392 $ 274,120,326 $ 77,669,746 $ 860,069,950 Inflows (a) 6,090,322 15,363,029 17,225,406 4,612,628 43,291,385 7,587,147 7,550,495 23,817,071 2,944,815 41,899,528 Outflows (b) (1,105,766 ) (4,116,572 ) (5,256,355 ) (2,122,321 ) (12,601,014 ) (1,712,885 ) (804,533 ) (5,872,807 ) (1,689,485 ) (10,079,710 ) Net Inflows 4,984,556 11,246,457 11,969,051 2,490,307 30,690,371 5,874,262 6,745,962 17,944,264 1,255,330 31,819,818 Realizations (c) (4,473,568 ) (4,558,846 ) (8,037,385 ) (677,049 ) (17,746,848 ) (5,405,545 ) (3,288,907 ) (7,006,088 ) (782,279 ) (16,482,819 ) Market Activity (d)(i) (593,256 ) 5,289,475 1,053,833 5,302,625 11,052,677 3,297,473 2,483,762 3,872,734 2,053,287 11,707,256 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (82,268 ) $ 11,977,086 $ 4,985,499 $ 7,115,883 $ 23,996,200 $ 3,766,190 $ 5,940,817 $ 14,810,910 $ 2,526,338 $ 27,044,255 Increase (Decrease) 0 % 5 % 2 % 8 % 3 % 1 % 3 % 5 % 3 % 3 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 279,427,148 $ 240,959,058 $ 315,640,583 $ 85,647,665 $ 921,674,454 $ 278,914,938 $ 212,182,896 $ 264,617,560 $ 74,993,209 $ 830,708,603 Inflows (a) 11,488,305 34,710,962 31,937,151 9,311,602 87,448,020 13,559,679 22,902,066 44,220,903 5,375,389 86,058,037 Outflows (b) (2,853,179 ) (8,806,792 ) (13,185,260 ) (3,603,794 ) (28,449,025 ) (4,309,189 ) (2,473,791 ) (10,802,441 ) (2,725,809 ) (20,311,230 ) Net Inflows 8,635,126 25,904,170 18,751,891 5,707,808 58,998,995 9,250,490 20,428,275 33,418,462 2,649,580 65,746,807 Realizations (c) (9,712,277 ) (9,387,367 ) (17,226,285 ) (1,289,669 ) (37,615,598 ) (9,222,193 ) (6,103,494 ) (14,857,276 ) (1,475,344 ) (31,658,307 ) Market Activity (d)(j) (929,577 ) 10,341,999 1,074,505 8,047,876 18,534,803 6,883,441 5,652,532 5,752,490 4,028,639 22,317,102 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (2,006,728 ) $ 26,858,802 $ 2,600,111 $ 12,466,015 $ 39,918,200 $ 6,911,738 $ 19,977,313 $ 24,313,676 $ 5,202,875 $ 56,405,602 Increase (Decrease) -1 % 11 % 1 % 15 % 4 % 2 % 9 % 9 % 7 % 7 % Annualized Base Management Fee Rate (f) 0.91 % 1.05 % 0.64 % 0.66 % 0.83 % 0.95 % 1.06 % 0.66 % 0.65 % 0.86 %

• Credit & Insurance Inflows

  $31,011.51

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 315,284,316 $ 429,909,808 $ 457,462,151 $ 101,361,359 $ 1,304,017,634 $ 319,988,734 $ 370,989,871 $ 388,720,401 $ 87,762,904 $ 1,167,461,910 Inflows (a) 8,192,794 24,519,793 31,011,510 4,575,944 68,300,041 7,222,446 15,323,222 26,818,000 2,713,566 52,077,234 Outflows (b) (2,156,644 ) (1,457,761 ) (7,626,498 ) (2,297,780 ) (13,538,683 ) (1,883,281 ) (1,804,870 ) (5,287,139 ) (1,796,301 ) (10,771,591 ) Net Inflows 6,036,150 23,062,032 23,385,012 2,278,164 54,761,358 5,339,165 13,518,352 21,530,861 917,265 41,305,643 Realizations (c) (6,615,294 ) (11,023,147 ) (13,494,781 ) (710,043 ) (31,843,265 ) (5,249,171 ) (7,316,081 ) (9,962,065 ) (825,058 ) (23,352,375 ) Market Activity (d)(g) (555,375 ) 12,203,627 1,965,058 5,714,798 19,328,108 4,915,997 11,715,100 7,006,975 2,154,091 25,792,163 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (1,134,519 ) $ 24,242,512 $ 11,855,289 $ 7,282,919 $ 42,246,201 $ 5,005,991 $ 17,917,371 $ 18,575,771 $ 2,246,298 $ 43,745,431 Increase (Decrease) 0 % 6 % 3 % 7 % 3 % 2 % 5 % 5 % 3 % 4 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 319,342,875 $ 416,423,156 $ 442,951,606 $ 96,213,597 $ 1,274,931,234 $ 315,353,132 $ 352,168,635 $ 375,507,818 $ 84,150,411 $ 1,127,179,996 Inflows (a) 14,969,507 44,872,883 68,030,495 8,968,475 136,841,360 13,398,076 37,007,746 57,167,112 6,138,984 113,711,918 Outflows (b) (5,001,796 ) (3,606,942 ) (16,976,185 ) (3,836,412 ) (29,421,335 ) (4,559,583 ) (5,242,894 ) (11,913,342 ) (2,919,861 ) (24,635,680 ) Net Inflows 9,967,711 41,265,941 51,054,310 5,132,063 107,420,025 8,838,493 31,764,852 45,253,770 3,219,123 89,076,238 Realizations (c) (13,654,328 ) (25,587,151 ) (27,161,677 ) (1,348,420 ) (67,751,576 ) (9,555,186 ) (13,783,306 ) (23,849,608 ) (1,649,886 ) (48,837,986 ) Market Activity (d)(h) (1,506,461 ) 22,050,374 2,473,201 8,647,038 31,664,152 10,358,286 18,757,061 10,384,192 4,289,554 43,789,093 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (5,193,078 ) $ 37,729,164 $ 26,365,834 $ 12,430,681 $ 71,332,601 $ 9,641,593 $ 36,738,607 $ 31,788,354 $ 5,858,791 $ 84,027,345 Increase (Decrease) -2 % 9 % 6 % 13 % 6 % 3 % 10 % 8 % 7 % 7 %

• Credit & Insurance Total AUM Net Flows

  $23,385.01

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 315,284,316 $ 429,909,808 $ 457,462,151 $ 101,361,359 $ 1,304,017,634 $ 319,988,734 $ 370,989,871 $ 388,720,401 $ 87,762,904 $ 1,167,461,910 Inflows (a) 8,192,794 24,519,793 31,011,510 4,575,944 68,300,041 7,222,446 15,323,222 26,818,000 2,713,566 52,077,234 Outflows (b) (2,156,644 ) (1,457,761 ) (7,626,498 ) (2,297,780 ) (13,538,683 ) (1,883,281 ) (1,804,870 ) (5,287,139 ) (1,796,301 ) (10,771,591 ) Net Inflows 6,036,150 23,062,032 23,385,012 2,278,164 54,761,358 5,339,165 13,518,352 21,530,861 917,265 41,305,643 Realizations (c) (6,615,294 ) (11,023,147 ) (13,494,781 ) (710,043 ) (31,843,265 ) (5,249,171 ) (7,316,081 ) (9,962,065 ) (825,058 ) (23,352,375 ) Market Activity (d)(g) (555,375 ) 12,203,627 1,965,058 5,714,798 19,328,108 4,915,997 11,715,100 7,006,975 2,154,091 25,792,163 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (1,134,519 ) $ 24,242,512 $ 11,855,289 $ 7,282,919 $ 42,246,201 $ 5,005,991 $ 17,917,371 $ 18,575,771 $ 2,246,298 $ 43,745,431 Increase (Decrease) 0 % 6 % 3 % 7 % 3 % 2 % 5 % 5 % 3 % 4 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 319,342,875 $ 416,423,156 $ 442,951,606 $ 96,213,597 $ 1,274,931,234 $ 315,353,132 $ 352,168,635 $ 375,507,818 $ 84,150,411 $ 1,127,179,996 Inflows (a) 14,969,507 44,872,883 68,030,495 8,968,475 136,841,360 13,398,076 37,007,746 57,167,112 6,138,984 113,711,918 Outflows (b) (5,001,796 ) (3,606,942 ) (16,976,185 ) (3,836,412 ) (29,421,335 ) (4,559,583 ) (5,242,894 ) (11,913,342 ) (2,919,861 ) (24,635,680 ) Net Inflows 9,967,711 41,265,941 51,054,310 5,132,063 107,420,025 8,838,493 31,764,852 45,253,770 3,219,123 89,076,238 Realizations (c) (13,654,328 ) (25,587,151 ) (27,161,677 ) (1,348,420 ) (67,751,576 ) (9,555,186 ) (13,783,306 ) (23,849,608 ) (1,649,886 ) (48,837,986 ) Market Activity (d)(h) (1,506,461 ) 22,050,374 2,473,201 8,647,038 31,664,152 10,358,286 18,757,061 10,384,192 4,289,554 43,789,093 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (5,193,078 ) $ 37,729,164 $ 26,365,834 $ 12,430,681 $ 71,332,601 $ 9,641,593 $ 36,738,607 $ 31,788,354 $ 5,858,791 $ 84,027,345 Increase (Decrease) -2 % 9 % 6 % 13 % 6 % 3 % 10 % 8 % 7 % 7 %

• Credit & Insurance Total AUM Outflows

  $7,626.5

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 315,284,316 $ 429,909,808 $ 457,462,151 $ 101,361,359 $ 1,304,017,634 $ 319,988,734 $ 370,989,871 $ 388,720,401 $ 87,762,904 $ 1,167,461,910 Inflows (a) 8,192,794 24,519,793 31,011,510 4,575,944 68,300,041 7,222,446 15,323,222 26,818,000 2,713,566 52,077,234 Outflows (b) (2,156,644 ) (1,457,761 ) (7,626,498 ) (2,297,780 ) (13,538,683 ) (1,883,281 ) (1,804,870 ) (5,287,139 ) (1,796,301 ) (10,771,591 ) Net Inflows 6,036,150 23,062,032 23,385,012 2,278,164 54,761,358 5,339,165 13,518,352 21,530,861 917,265 41,305,643 Realizations (c) (6,615,294 ) (11,023,147 ) (13,494,781 ) (710,043 ) (31,843,265 ) (5,249,171 ) (7,316,081 ) (9,962,065 ) (825,058 ) (23,352,375 ) Market Activity (d)(g) (555,375 ) 12,203,627 1,965,058 5,714,798 19,328,108 4,915,997 11,715,100 7,006,975 2,154,091 25,792,163 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (1,134,519 ) $ 24,242,512 $ 11,855,289 $ 7,282,919 $ 42,246,201 $ 5,005,991 $ 17,917,371 $ 18,575,771 $ 2,246,298 $ 43,745,431 Increase (Decrease) 0 % 6 % 3 % 7 % 3 % 2 % 5 % 5 % 3 % 4 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 319,342,875 $ 416,423,156 $ 442,951,606 $ 96,213,597 $ 1,274,931,234 $ 315,353,132 $ 352,168,635 $ 375,507,818 $ 84,150,411 $ 1,127,179,996 Inflows (a) 14,969,507 44,872,883 68,030,495 8,968,475 136,841,360 13,398,076 37,007,746 57,167,112 6,138,984 113,711,918 Outflows (b) (5,001,796 ) (3,606,942 ) (16,976,185 ) (3,836,412 ) (29,421,335 ) (4,559,583 ) (5,242,894 ) (11,913,342 ) (2,919,861 ) (24,635,680 ) Net Inflows 9,967,711 41,265,941 51,054,310 5,132,063 107,420,025 8,838,493 31,764,852 45,253,770 3,219,123 89,076,238 Realizations (c) (13,654,328 ) (25,587,151 ) (27,161,677 ) (1,348,420 ) (67,751,576 ) (9,555,186 ) (13,783,306 ) (23,849,608 ) (1,649,886 ) (48,837,986 ) Market Activity (d)(h) (1,506,461 ) 22,050,374 2,473,201 8,647,038 31,664,152 10,358,286 18,757,061 10,384,192 4,289,554 43,789,093 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (5,193,078 ) $ 37,729,164 $ 26,365,834 $ 12,430,681 $ 71,332,601 $ 9,641,593 $ 36,738,607 $ 31,788,354 $ 5,858,791 $ 84,027,345 Increase (Decrease) -2 % 9 % 6 % 13 % 6 % 3 % 10 % 8 % 7 % 7 %

• Fee-Earning AUM Inflows

  $43,291.39

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 277,502,688 $ 255,840,774 $ 313,255,195 $ 90,997,797 $ 937,596,454 $ 282,060,486 $ 226,219,392 $ 274,120,326 $ 77,669,746 $ 860,069,950 Inflows (a) 6,090,322 15,363,029 17,225,406 4,612,628 43,291,385 7,587,147 7,550,495 23,817,071 2,944,815 41,899,528 Outflows (b) (1,105,766 ) (4,116,572 ) (5,256,355 ) (2,122,321 ) (12,601,014 ) (1,712,885 ) (804,533 ) (5,872,807 ) (1,689,485 ) (10,079,710 ) Net Inflows 4,984,556 11,246,457 11,969,051 2,490,307 30,690,371 5,874,262 6,745,962 17,944,264 1,255,330 31,819,818 Realizations (c) (4,473,568 ) (4,558,846 ) (8,037,385 ) (677,049 ) (17,746,848 ) (5,405,545 ) (3,288,907 ) (7,006,088 ) (782,279 ) (16,482,819 ) Market Activity (d)(i) (593,256 ) 5,289,475 1,053,833 5,302,625 11,052,677 3,297,473 2,483,762 3,872,734 2,053,287 11,707,256 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (82,268 ) $ 11,977,086 $ 4,985,499 $ 7,115,883 $ 23,996,200 $ 3,766,190 $ 5,940,817 $ 14,810,910 $ 2,526,338 $ 27,044,255 Increase (Decrease) 0 % 5 % 2 % 8 % 3 % 1 % 3 % 5 % 3 % 3 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 279,427,148 $ 240,959,058 $ 315,640,583 $ 85,647,665 $ 921,674,454 $ 278,914,938 $ 212,182,896 $ 264,617,560 $ 74,993,209 $ 830,708,603 Inflows (a) 11,488,305 34,710,962 31,937,151 9,311,602 87,448,020 13,559,679 22,902,066 44,220,903 5,375,389 86,058,037 Outflows (b) (2,853,179 ) (8,806,792 ) (13,185,260 ) (3,603,794 ) (28,449,025 ) (4,309,189 ) (2,473,791 ) (10,802,441 ) (2,725,809 ) (20,311,230 ) Net Inflows 8,635,126 25,904,170 18,751,891 5,707,808 58,998,995 9,250,490 20,428,275 33,418,462 2,649,580 65,746,807 Realizations (c) (9,712,277 ) (9,387,367 ) (17,226,285 ) (1,289,669 ) (37,615,598 ) (9,222,193 ) (6,103,494 ) (14,857,276 ) (1,475,344 ) (31,658,307 ) Market Activity (d)(j) (929,577 ) 10,341,999 1,074,505 8,047,876 18,534,803 6,883,441 5,652,532 5,752,490 4,028,639 22,317,102 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (2,006,728 ) $ 26,858,802 $ 2,600,111 $ 12,466,015 $ 39,918,200 $ 6,911,738 $ 19,977,313 $ 24,313,676 $ 5,202,875 $ 56,405,602 Increase (Decrease) -1 % 11 % 1 % 15 % 4 % 2 % 9 % 9 % 7 % 7 % Annualized Base Management Fee Rate (f) 0.91 % 1.05 % 0.64 % 0.66 % 0.83 % 0.95 % 1.06 % 0.66 % 0.65 % 0.86 %

• Fee-Earning AUM Net Flows

  $30,690.37

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 277,502,688 $ 255,840,774 $ 313,255,195 $ 90,997,797 $ 937,596,454 $ 282,060,486 $ 226,219,392 $ 274,120,326 $ 77,669,746 $ 860,069,950 Inflows (a) 6,090,322 15,363,029 17,225,406 4,612,628 43,291,385 7,587,147 7,550,495 23,817,071 2,944,815 41,899,528 Outflows (b) (1,105,766 ) (4,116,572 ) (5,256,355 ) (2,122,321 ) (12,601,014 ) (1,712,885 ) (804,533 ) (5,872,807 ) (1,689,485 ) (10,079,710 ) Net Inflows 4,984,556 11,246,457 11,969,051 2,490,307 30,690,371 5,874,262 6,745,962 17,944,264 1,255,330 31,819,818 Realizations (c) (4,473,568 ) (4,558,846 ) (8,037,385 ) (677,049 ) (17,746,848 ) (5,405,545 ) (3,288,907 ) (7,006,088 ) (782,279 ) (16,482,819 ) Market Activity (d)(i) (593,256 ) 5,289,475 1,053,833 5,302,625 11,052,677 3,297,473 2,483,762 3,872,734 2,053,287 11,707,256 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (82,268 ) $ 11,977,086 $ 4,985,499 $ 7,115,883 $ 23,996,200 $ 3,766,190 $ 5,940,817 $ 14,810,910 $ 2,526,338 $ 27,044,255 Increase (Decrease) 0 % 5 % 2 % 8 % 3 % 1 % 3 % 5 % 3 % 3 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 279,427,148 $ 240,959,058 $ 315,640,583 $ 85,647,665 $ 921,674,454 $ 278,914,938 $ 212,182,896 $ 264,617,560 $ 74,993,209 $ 830,708,603 Inflows (a) 11,488,305 34,710,962 31,937,151 9,311,602 87,448,020 13,559,679 22,902,066 44,220,903 5,375,389 86,058,037 Outflows (b) (2,853,179 ) (8,806,792 ) (13,185,260 ) (3,603,794 ) (28,449,025 ) (4,309,189 ) (2,473,791 ) (10,802,441 ) (2,725,809 ) (20,311,230 ) Net Inflows 8,635,126 25,904,170 18,751,891 5,707,808 58,998,995 9,250,490 20,428,275 33,418,462 2,649,580 65,746,807 Realizations (c) (9,712,277 ) (9,387,367 ) (17,226,285 ) (1,289,669 ) (37,615,598 ) (9,222,193 ) (6,103,494 ) (14,857,276 ) (1,475,344 ) (31,658,307 ) Market Activity (d)(j) (929,577 ) 10,341,999 1,074,505 8,047,876 18,534,803 6,883,441 5,652,532 5,752,490 4,028,639 22,317,102 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (2,006,728 ) $ 26,858,802 $ 2,600,111 $ 12,466,015 $ 39,918,200 $ 6,911,738 $ 19,977,313 $ 24,313,676 $ 5,202,875 $ 56,405,602 Increase (Decrease) -1 % 11 % 1 % 15 % 4 % 2 % 9 % 9 % 7 % 7 % Annualized Base Management Fee Rate (f) 0.91 % 1.05 % 0.64 % 0.66 % 0.83 % 0.95 % 1.06 % 0.66 % 0.65 % 0.86 %

• Fee-Earning AUM Outflows

  $12,601.01

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 277,502,688 $ 255,840,774 $ 313,255,195 $ 90,997,797 $ 937,596,454 $ 282,060,486 $ 226,219,392 $ 274,120,326 $ 77,669,746 $ 860,069,950 Inflows (a) 6,090,322 15,363,029 17,225,406 4,612,628 43,291,385 7,587,147 7,550,495 23,817,071 2,944,815 41,899,528 Outflows (b) (1,105,766 ) (4,116,572 ) (5,256,355 ) (2,122,321 ) (12,601,014 ) (1,712,885 ) (804,533 ) (5,872,807 ) (1,689,485 ) (10,079,710 ) Net Inflows 4,984,556 11,246,457 11,969,051 2,490,307 30,690,371 5,874,262 6,745,962 17,944,264 1,255,330 31,819,818 Realizations (c) (4,473,568 ) (4,558,846 ) (8,037,385 ) (677,049 ) (17,746,848 ) (5,405,545 ) (3,288,907 ) (7,006,088 ) (782,279 ) (16,482,819 ) Market Activity (d)(i) (593,256 ) 5,289,475 1,053,833 5,302,625 11,052,677 3,297,473 2,483,762 3,872,734 2,053,287 11,707,256 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (82,268 ) $ 11,977,086 $ 4,985,499 $ 7,115,883 $ 23,996,200 $ 3,766,190 $ 5,940,817 $ 14,810,910 $ 2,526,338 $ 27,044,255 Increase (Decrease) 0 % 5 % 2 % 8 % 3 % 1 % 3 % 5 % 3 % 3 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 279,427,148 $ 240,959,058 $ 315,640,583 $ 85,647,665 $ 921,674,454 $ 278,914,938 $ 212,182,896 $ 264,617,560 $ 74,993,209 $ 830,708,603 Inflows (a) 11,488,305 34,710,962 31,937,151 9,311,602 87,448,020 13,559,679 22,902,066 44,220,903 5,375,389 86,058,037 Outflows (b) (2,853,179 ) (8,806,792 ) (13,185,260 ) (3,603,794 ) (28,449,025 ) (4,309,189 ) (2,473,791 ) (10,802,441 ) (2,725,809 ) (20,311,230 ) Net Inflows 8,635,126 25,904,170 18,751,891 5,707,808 58,998,995 9,250,490 20,428,275 33,418,462 2,649,580 65,746,807 Realizations (c) (9,712,277 ) (9,387,367 ) (17,226,285 ) (1,289,669 ) (37,615,598 ) (9,222,193 ) (6,103,494 ) (14,857,276 ) (1,475,344 ) (31,658,307 ) Market Activity (d)(j) (929,577 ) 10,341,999 1,074,505 8,047,876 18,534,803 6,883,441 5,652,532 5,752,490 4,028,639 22,317,102 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (2,006,728 ) $ 26,858,802 $ 2,600,111 $ 12,466,015 $ 39,918,200 $ 6,911,738 $ 19,977,313 $ 24,313,676 $ 5,202,875 $ 56,405,602 Increase (Decrease) -1 % 11 % 1 % 15 % 4 % 2 % 9 % 9 % 7 % 7 % Annualized Base Management Fee Rate (f) 0.91 % 1.05 % 0.64 % 0.66 % 0.83 % 0.95 % 1.06 % 0.66 % 0.65 % 0.86 %

• Multi-Asset Investing Fee-Earning AUM Inflows

  $4,612.63

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 277,502,688 $ 255,840,774 $ 313,255,195 $ 90,997,797 $ 937,596,454 $ 282,060,486 $ 226,219,392 $ 274,120,326 $ 77,669,746 $ 860,069,950 Inflows (a) 6,090,322 15,363,029 17,225,406 4,612,628 43,291,385 7,587,147 7,550,495 23,817,071 2,944,815 41,899,528 Outflows (b) (1,105,766 ) (4,116,572 ) (5,256,355 ) (2,122,321 ) (12,601,014 ) (1,712,885 ) (804,533 ) (5,872,807 ) (1,689,485 ) (10,079,710 ) Net Inflows 4,984,556 11,246,457 11,969,051 2,490,307 30,690,371 5,874,262 6,745,962 17,944,264 1,255,330 31,819,818 Realizations (c) (4,473,568 ) (4,558,846 ) (8,037,385 ) (677,049 ) (17,746,848 ) (5,405,545 ) (3,288,907 ) (7,006,088 ) (782,279 ) (16,482,819 ) Market Activity (d)(i) (593,256 ) 5,289,475 1,053,833 5,302,625 11,052,677 3,297,473 2,483,762 3,872,734 2,053,287 11,707,256 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (82,268 ) $ 11,977,086 $ 4,985,499 $ 7,115,883 $ 23,996,200 $ 3,766,190 $ 5,940,817 $ 14,810,910 $ 2,526,338 $ 27,044,255 Increase (Decrease) 0 % 5 % 2 % 8 % 3 % 1 % 3 % 5 % 3 % 3 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 279,427,148 $ 240,959,058 $ 315,640,583 $ 85,647,665 $ 921,674,454 $ 278,914,938 $ 212,182,896 $ 264,617,560 $ 74,993,209 $ 830,708,603 Inflows (a) 11,488,305 34,710,962 31,937,151 9,311,602 87,448,020 13,559,679 22,902,066 44,220,903 5,375,389 86,058,037 Outflows (b) (2,853,179 ) (8,806,792 ) (13,185,260 ) (3,603,794 ) (28,449,025 ) (4,309,189 ) (2,473,791 ) (10,802,441 ) (2,725,809 ) (20,311,230 ) Net Inflows 8,635,126 25,904,170 18,751,891 5,707,808 58,998,995 9,250,490 20,428,275 33,418,462 2,649,580 65,746,807 Realizations (c) (9,712,277 ) (9,387,367 ) (17,226,285 ) (1,289,669 ) (37,615,598 ) (9,222,193 ) (6,103,494 ) (14,857,276 ) (1,475,344 ) (31,658,307 ) Market Activity (d)(j) (929,577 ) 10,341,999 1,074,505 8,047,876 18,534,803 6,883,441 5,652,532 5,752,490 4,028,639 22,317,102 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (2,006,728 ) $ 26,858,802 $ 2,600,111 $ 12,466,015 $ 39,918,200 $ 6,911,738 $ 19,977,313 $ 24,313,676 $ 5,202,875 $ 56,405,602 Increase (Decrease) -1 % 11 % 1 % 15 % 4 % 2 % 9 % 9 % 7 % 7 % Annualized Base Management Fee Rate (f) 0.91 % 1.05 % 0.64 % 0.66 % 0.83 % 0.95 % 1.06 % 0.66 % 0.65 % 0.86 %

• Multi-Asset Investing Fee-Earning AUM Net Flows

  $2,490.31

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 277,502,688 $ 255,840,774 $ 313,255,195 $ 90,997,797 $ 937,596,454 $ 282,060,486 $ 226,219,392 $ 274,120,326 $ 77,669,746 $ 860,069,950 Inflows (a) 6,090,322 15,363,029 17,225,406 4,612,628 43,291,385 7,587,147 7,550,495 23,817,071 2,944,815 41,899,528 Outflows (b) (1,105,766 ) (4,116,572 ) (5,256,355 ) (2,122,321 ) (12,601,014 ) (1,712,885 ) (804,533 ) (5,872,807 ) (1,689,485 ) (10,079,710 ) Net Inflows 4,984,556 11,246,457 11,969,051 2,490,307 30,690,371 5,874,262 6,745,962 17,944,264 1,255,330 31,819,818 Realizations (c) (4,473,568 ) (4,558,846 ) (8,037,385 ) (677,049 ) (17,746,848 ) (5,405,545 ) (3,288,907 ) (7,006,088 ) (782,279 ) (16,482,819 ) Market Activity (d)(i) (593,256 ) 5,289,475 1,053,833 5,302,625 11,052,677 3,297,473 2,483,762 3,872,734 2,053,287 11,707,256 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (82,268 ) $ 11,977,086 $ 4,985,499 $ 7,115,883 $ 23,996,200 $ 3,766,190 $ 5,940,817 $ 14,810,910 $ 2,526,338 $ 27,044,255 Increase (Decrease) 0 % 5 % 2 % 8 % 3 % 1 % 3 % 5 % 3 % 3 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 279,427,148 $ 240,959,058 $ 315,640,583 $ 85,647,665 $ 921,674,454 $ 278,914,938 $ 212,182,896 $ 264,617,560 $ 74,993,209 $ 830,708,603 Inflows (a) 11,488,305 34,710,962 31,937,151 9,311,602 87,448,020 13,559,679 22,902,066 44,220,903 5,375,389 86,058,037 Outflows (b) (2,853,179 ) (8,806,792 ) (13,185,260 ) (3,603,794 ) (28,449,025 ) (4,309,189 ) (2,473,791 ) (10,802,441 ) (2,725,809 ) (20,311,230 ) Net Inflows 8,635,126 25,904,170 18,751,891 5,707,808 58,998,995 9,250,490 20,428,275 33,418,462 2,649,580 65,746,807 Realizations (c) (9,712,277 ) (9,387,367 ) (17,226,285 ) (1,289,669 ) (37,615,598 ) (9,222,193 ) (6,103,494 ) (14,857,276 ) (1,475,344 ) (31,658,307 ) Market Activity (d)(j) (929,577 ) 10,341,999 1,074,505 8,047,876 18,534,803 6,883,441 5,652,532 5,752,490 4,028,639 22,317,102 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (2,006,728 ) $ 26,858,802 $ 2,600,111 $ 12,466,015 $ 39,918,200 $ 6,911,738 $ 19,977,313 $ 24,313,676 $ 5,202,875 $ 56,405,602 Increase (Decrease) -1 % 11 % 1 % 15 % 4 % 2 % 9 % 9 % 7 % 7 % Annualized Base Management Fee Rate (f) 0.91 % 1.05 % 0.64 % 0.66 % 0.83 % 0.95 % 1.06 % 0.66 % 0.65 % 0.86 %

• Multi-Asset Investing Fee-Earning AUM Outflows

  $2,122.32

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 277,502,688 $ 255,840,774 $ 313,255,195 $ 90,997,797 $ 937,596,454 $ 282,060,486 $ 226,219,392 $ 274,120,326 $ 77,669,746 $ 860,069,950 Inflows (a) 6,090,322 15,363,029 17,225,406 4,612,628 43,291,385 7,587,147 7,550,495 23,817,071 2,944,815 41,899,528 Outflows (b) (1,105,766 ) (4,116,572 ) (5,256,355 ) (2,122,321 ) (12,601,014 ) (1,712,885 ) (804,533 ) (5,872,807 ) (1,689,485 ) (10,079,710 ) Net Inflows 4,984,556 11,246,457 11,969,051 2,490,307 30,690,371 5,874,262 6,745,962 17,944,264 1,255,330 31,819,818 Realizations (c) (4,473,568 ) (4,558,846 ) (8,037,385 ) (677,049 ) (17,746,848 ) (5,405,545 ) (3,288,907 ) (7,006,088 ) (782,279 ) (16,482,819 ) Market Activity (d)(i) (593,256 ) 5,289,475 1,053,833 5,302,625 11,052,677 3,297,473 2,483,762 3,872,734 2,053,287 11,707,256 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (82,268 ) $ 11,977,086 $ 4,985,499 $ 7,115,883 $ 23,996,200 $ 3,766,190 $ 5,940,817 $ 14,810,910 $ 2,526,338 $ 27,044,255 Increase (Decrease) 0 % 5 % 2 % 8 % 3 % 1 % 3 % 5 % 3 % 3 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 279,427,148 $ 240,959,058 $ 315,640,583 $ 85,647,665 $ 921,674,454 $ 278,914,938 $ 212,182,896 $ 264,617,560 $ 74,993,209 $ 830,708,603 Inflows (a) 11,488,305 34,710,962 31,937,151 9,311,602 87,448,020 13,559,679 22,902,066 44,220,903 5,375,389 86,058,037 Outflows (b) (2,853,179 ) (8,806,792 ) (13,185,260 ) (3,603,794 ) (28,449,025 ) (4,309,189 ) (2,473,791 ) (10,802,441 ) (2,725,809 ) (20,311,230 ) Net Inflows 8,635,126 25,904,170 18,751,891 5,707,808 58,998,995 9,250,490 20,428,275 33,418,462 2,649,580 65,746,807 Realizations (c) (9,712,277 ) (9,387,367 ) (17,226,285 ) (1,289,669 ) (37,615,598 ) (9,222,193 ) (6,103,494 ) (14,857,276 ) (1,475,344 ) (31,658,307 ) Market Activity (d)(j) (929,577 ) 10,341,999 1,074,505 8,047,876 18,534,803 6,883,441 5,652,532 5,752,490 4,028,639 22,317,102 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (2,006,728 ) $ 26,858,802 $ 2,600,111 $ 12,466,015 $ 39,918,200 $ 6,911,738 $ 19,977,313 $ 24,313,676 $ 5,202,875 $ 56,405,602 Increase (Decrease) -1 % 11 % 1 % 15 % 4 % 2 % 9 % 9 % 7 % 7 % Annualized Base Management Fee Rate (f) 0.91 % 1.05 % 0.64 % 0.66 % 0.83 % 0.95 % 1.06 % 0.66 % 0.65 % 0.86 %

• Multi-Asset Investing Inflows

  $4,575.94

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 315,284,316 $ 429,909,808 $ 457,462,151 $ 101,361,359 $ 1,304,017,634 $ 319,988,734 $ 370,989,871 $ 388,720,401 $ 87,762,904 $ 1,167,461,910 Inflows (a) 8,192,794 24,519,793 31,011,510 4,575,944 68,300,041 7,222,446 15,323,222 26,818,000 2,713,566 52,077,234 Outflows (b) (2,156,644 ) (1,457,761 ) (7,626,498 ) (2,297,780 ) (13,538,683 ) (1,883,281 ) (1,804,870 ) (5,287,139 ) (1,796,301 ) (10,771,591 ) Net Inflows 6,036,150 23,062,032 23,385,012 2,278,164 54,761,358 5,339,165 13,518,352 21,530,861 917,265 41,305,643 Realizations (c) (6,615,294 ) (11,023,147 ) (13,494,781 ) (710,043 ) (31,843,265 ) (5,249,171 ) (7,316,081 ) (9,962,065 ) (825,058 ) (23,352,375 ) Market Activity (d)(g) (555,375 ) 12,203,627 1,965,058 5,714,798 19,328,108 4,915,997 11,715,100 7,006,975 2,154,091 25,792,163 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (1,134,519 ) $ 24,242,512 $ 11,855,289 $ 7,282,919 $ 42,246,201 $ 5,005,991 $ 17,917,371 $ 18,575,771 $ 2,246,298 $ 43,745,431 Increase (Decrease) 0 % 6 % 3 % 7 % 3 % 2 % 5 % 5 % 3 % 4 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 319,342,875 $ 416,423,156 $ 442,951,606 $ 96,213,597 $ 1,274,931,234 $ 315,353,132 $ 352,168,635 $ 375,507,818 $ 84,150,411 $ 1,127,179,996 Inflows (a) 14,969,507 44,872,883 68,030,495 8,968,475 136,841,360 13,398,076 37,007,746 57,167,112 6,138,984 113,711,918 Outflows (b) (5,001,796 ) (3,606,942 ) (16,976,185 ) (3,836,412 ) (29,421,335 ) (4,559,583 ) (5,242,894 ) (11,913,342 ) (2,919,861 ) (24,635,680 ) Net Inflows 9,967,711 41,265,941 51,054,310 5,132,063 107,420,025 8,838,493 31,764,852 45,253,770 3,219,123 89,076,238 Realizations (c) (13,654,328 ) (25,587,151 ) (27,161,677 ) (1,348,420 ) (67,751,576 ) (9,555,186 ) (13,783,306 ) (23,849,608 ) (1,649,886 ) (48,837,986 ) Market Activity (d)(h) (1,506,461 ) 22,050,374 2,473,201 8,647,038 31,664,152 10,358,286 18,757,061 10,384,192 4,289,554 43,789,093 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (5,193,078 ) $ 37,729,164 $ 26,365,834 $ 12,430,681 $ 71,332,601 $ 9,641,593 $ 36,738,607 $ 31,788,354 $ 5,858,791 $ 84,027,345 Increase (Decrease) -2 % 9 % 6 % 13 % 6 % 3 % 10 % 8 % 7 % 7 %

• Multi-Asset Investing Total AUM Net Flows

  $2,278.16

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 315,284,316 $ 429,909,808 $ 457,462,151 $ 101,361,359 $ 1,304,017,634 $ 319,988,734 $ 370,989,871 $ 388,720,401 $ 87,762,904 $ 1,167,461,910 Inflows (a) 8,192,794 24,519,793 31,011,510 4,575,944 68,300,041 7,222,446 15,323,222 26,818,000 2,713,566 52,077,234 Outflows (b) (2,156,644 ) (1,457,761 ) (7,626,498 ) (2,297,780 ) (13,538,683 ) (1,883,281 ) (1,804,870 ) (5,287,139 ) (1,796,301 ) (10,771,591 ) Net Inflows 6,036,150 23,062,032 23,385,012 2,278,164 54,761,358 5,339,165 13,518,352 21,530,861 917,265 41,305,643 Realizations (c) (6,615,294 ) (11,023,147 ) (13,494,781 ) (710,043 ) (31,843,265 ) (5,249,171 ) (7,316,081 ) (9,962,065 ) (825,058 ) (23,352,375 ) Market Activity (d)(g) (555,375 ) 12,203,627 1,965,058 5,714,798 19,328,108 4,915,997 11,715,100 7,006,975 2,154,091 25,792,163 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (1,134,519 ) $ 24,242,512 $ 11,855,289 $ 7,282,919 $ 42,246,201 $ 5,005,991 $ 17,917,371 $ 18,575,771 $ 2,246,298 $ 43,745,431 Increase (Decrease) 0 % 6 % 3 % 7 % 3 % 2 % 5 % 5 % 3 % 4 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 319,342,875 $ 416,423,156 $ 442,951,606 $ 96,213,597 $ 1,274,931,234 $ 315,353,132 $ 352,168,635 $ 375,507,818 $ 84,150,411 $ 1,127,179,996 Inflows (a) 14,969,507 44,872,883 68,030,495 8,968,475 136,841,360 13,398,076 37,007,746 57,167,112 6,138,984 113,711,918 Outflows (b) (5,001,796 ) (3,606,942 ) (16,976,185 ) (3,836,412 ) (29,421,335 ) (4,559,583 ) (5,242,894 ) (11,913,342 ) (2,919,861 ) (24,635,680 ) Net Inflows 9,967,711 41,265,941 51,054,310 5,132,063 107,420,025 8,838,493 31,764,852 45,253,770 3,219,123 89,076,238 Realizations (c) (13,654,328 ) (25,587,151 ) (27,161,677 ) (1,348,420 ) (67,751,576 ) (9,555,186 ) (13,783,306 ) (23,849,608 ) (1,649,886 ) (48,837,986 ) Market Activity (d)(h) (1,506,461 ) 22,050,374 2,473,201 8,647,038 31,664,152 10,358,286 18,757,061 10,384,192 4,289,554 43,789,093 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (5,193,078 ) $ 37,729,164 $ 26,365,834 $ 12,430,681 $ 71,332,601 $ 9,641,593 $ 36,738,607 $ 31,788,354 $ 5,858,791 $ 84,027,345 Increase (Decrease) -2 % 9 % 6 % 13 % 6 % 3 % 10 % 8 % 7 % 7 %

• Multi-Asset Investing Total AUM Outflows

  $2,297.78

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 315,284,316 $ 429,909,808 $ 457,462,151 $ 101,361,359 $ 1,304,017,634 $ 319,988,734 $ 370,989,871 $ 388,720,401 $ 87,762,904 $ 1,167,461,910 Inflows (a) 8,192,794 24,519,793 31,011,510 4,575,944 68,300,041 7,222,446 15,323,222 26,818,000 2,713,566 52,077,234 Outflows (b) (2,156,644 ) (1,457,761 ) (7,626,498 ) (2,297,780 ) (13,538,683 ) (1,883,281 ) (1,804,870 ) (5,287,139 ) (1,796,301 ) (10,771,591 ) Net Inflows 6,036,150 23,062,032 23,385,012 2,278,164 54,761,358 5,339,165 13,518,352 21,530,861 917,265 41,305,643 Realizations (c) (6,615,294 ) (11,023,147 ) (13,494,781 ) (710,043 ) (31,843,265 ) (5,249,171 ) (7,316,081 ) (9,962,065 ) (825,058 ) (23,352,375 ) Market Activity (d)(g) (555,375 ) 12,203,627 1,965,058 5,714,798 19,328,108 4,915,997 11,715,100 7,006,975 2,154,091 25,792,163 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (1,134,519 ) $ 24,242,512 $ 11,855,289 $ 7,282,919 $ 42,246,201 $ 5,005,991 $ 17,917,371 $ 18,575,771 $ 2,246,298 $ 43,745,431 Increase (Decrease) 0 % 6 % 3 % 7 % 3 % 2 % 5 % 5 % 3 % 4 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 319,342,875 $ 416,423,156 $ 442,951,606 $ 96,213,597 $ 1,274,931,234 $ 315,353,132 $ 352,168,635 $ 375,507,818 $ 84,150,411 $ 1,127,179,996 Inflows (a) 14,969,507 44,872,883 68,030,495 8,968,475 136,841,360 13,398,076 37,007,746 57,167,112 6,138,984 113,711,918 Outflows (b) (5,001,796 ) (3,606,942 ) (16,976,185 ) (3,836,412 ) (29,421,335 ) (4,559,583 ) (5,242,894 ) (11,913,342 ) (2,919,861 ) (24,635,680 ) Net Inflows 9,967,711 41,265,941 51,054,310 5,132,063 107,420,025 8,838,493 31,764,852 45,253,770 3,219,123 89,076,238 Realizations (c) (13,654,328 ) (25,587,151 ) (27,161,677 ) (1,348,420 ) (67,751,576 ) (9,555,186 ) (13,783,306 ) (23,849,608 ) (1,649,886 ) (48,837,986 ) Market Activity (d)(h) (1,506,461 ) 22,050,374 2,473,201 8,647,038 31,664,152 10,358,286 18,757,061 10,384,192 4,289,554 43,789,093 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (5,193,078 ) $ 37,729,164 $ 26,365,834 $ 12,430,681 $ 71,332,601 $ 9,641,593 $ 36,738,607 $ 31,788,354 $ 5,858,791 $ 84,027,345 Increase (Decrease) -2 % 9 % 6 % 13 % 6 % 3 % 10 % 8 % 7 % 7 %

• Private Equity Fee-Earning AUM Inflows

  $15,363.03

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 277,502,688 $ 255,840,774 $ 313,255,195 $ 90,997,797 $ 937,596,454 $ 282,060,486 $ 226,219,392 $ 274,120,326 $ 77,669,746 $ 860,069,950 Inflows (a) 6,090,322 15,363,029 17,225,406 4,612,628 43,291,385 7,587,147 7,550,495 23,817,071 2,944,815 41,899,528 Outflows (b) (1,105,766 ) (4,116,572 ) (5,256,355 ) (2,122,321 ) (12,601,014 ) (1,712,885 ) (804,533 ) (5,872,807 ) (1,689,485 ) (10,079,710 ) Net Inflows 4,984,556 11,246,457 11,969,051 2,490,307 30,690,371 5,874,262 6,745,962 17,944,264 1,255,330 31,819,818 Realizations (c) (4,473,568 ) (4,558,846 ) (8,037,385 ) (677,049 ) (17,746,848 ) (5,405,545 ) (3,288,907 ) (7,006,088 ) (782,279 ) (16,482,819 ) Market Activity (d)(i) (593,256 ) 5,289,475 1,053,833 5,302,625 11,052,677 3,297,473 2,483,762 3,872,734 2,053,287 11,707,256 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (82,268 ) $ 11,977,086 $ 4,985,499 $ 7,115,883 $ 23,996,200 $ 3,766,190 $ 5,940,817 $ 14,810,910 $ 2,526,338 $ 27,044,255 Increase (Decrease) 0 % 5 % 2 % 8 % 3 % 1 % 3 % 5 % 3 % 3 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 279,427,148 $ 240,959,058 $ 315,640,583 $ 85,647,665 $ 921,674,454 $ 278,914,938 $ 212,182,896 $ 264,617,560 $ 74,993,209 $ 830,708,603 Inflows (a) 11,488,305 34,710,962 31,937,151 9,311,602 87,448,020 13,559,679 22,902,066 44,220,903 5,375,389 86,058,037 Outflows (b) (2,853,179 ) (8,806,792 ) (13,185,260 ) (3,603,794 ) (28,449,025 ) (4,309,189 ) (2,473,791 ) (10,802,441 ) (2,725,809 ) (20,311,230 ) Net Inflows 8,635,126 25,904,170 18,751,891 5,707,808 58,998,995 9,250,490 20,428,275 33,418,462 2,649,580 65,746,807 Realizations (c) (9,712,277 ) (9,387,367 ) (17,226,285 ) (1,289,669 ) (37,615,598 ) (9,222,193 ) (6,103,494 ) (14,857,276 ) (1,475,344 ) (31,658,307 ) Market Activity (d)(j) (929,577 ) 10,341,999 1,074,505 8,047,876 18,534,803 6,883,441 5,652,532 5,752,490 4,028,639 22,317,102 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (2,006,728 ) $ 26,858,802 $ 2,600,111 $ 12,466,015 $ 39,918,200 $ 6,911,738 $ 19,977,313 $ 24,313,676 $ 5,202,875 $ 56,405,602 Increase (Decrease) -1 % 11 % 1 % 15 % 4 % 2 % 9 % 9 % 7 % 7 % Annualized Base Management Fee Rate (f) 0.91 % 1.05 % 0.64 % 0.66 % 0.83 % 0.95 % 1.06 % 0.66 % 0.65 % 0.86 %

• Private Equity Fee-Earning AUM Net Flows

  $11,246.46

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 277,502,688 $ 255,840,774 $ 313,255,195 $ 90,997,797 $ 937,596,454 $ 282,060,486 $ 226,219,392 $ 274,120,326 $ 77,669,746 $ 860,069,950 Inflows (a) 6,090,322 15,363,029 17,225,406 4,612,628 43,291,385 7,587,147 7,550,495 23,817,071 2,944,815 41,899,528 Outflows (b) (1,105,766 ) (4,116,572 ) (5,256,355 ) (2,122,321 ) (12,601,014 ) (1,712,885 ) (804,533 ) (5,872,807 ) (1,689,485 ) (10,079,710 ) Net Inflows 4,984,556 11,246,457 11,969,051 2,490,307 30,690,371 5,874,262 6,745,962 17,944,264 1,255,330 31,819,818 Realizations (c) (4,473,568 ) (4,558,846 ) (8,037,385 ) (677,049 ) (17,746,848 ) (5,405,545 ) (3,288,907 ) (7,006,088 ) (782,279 ) (16,482,819 ) Market Activity (d)(i) (593,256 ) 5,289,475 1,053,833 5,302,625 11,052,677 3,297,473 2,483,762 3,872,734 2,053,287 11,707,256 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (82,268 ) $ 11,977,086 $ 4,985,499 $ 7,115,883 $ 23,996,200 $ 3,766,190 $ 5,940,817 $ 14,810,910 $ 2,526,338 $ 27,044,255 Increase (Decrease) 0 % 5 % 2 % 8 % 3 % 1 % 3 % 5 % 3 % 3 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 279,427,148 $ 240,959,058 $ 315,640,583 $ 85,647,665 $ 921,674,454 $ 278,914,938 $ 212,182,896 $ 264,617,560 $ 74,993,209 $ 830,708,603 Inflows (a) 11,488,305 34,710,962 31,937,151 9,311,602 87,448,020 13,559,679 22,902,066 44,220,903 5,375,389 86,058,037 Outflows (b) (2,853,179 ) (8,806,792 ) (13,185,260 ) (3,603,794 ) (28,449,025 ) (4,309,189 ) (2,473,791 ) (10,802,441 ) (2,725,809 ) (20,311,230 ) Net Inflows 8,635,126 25,904,170 18,751,891 5,707,808 58,998,995 9,250,490 20,428,275 33,418,462 2,649,580 65,746,807 Realizations (c) (9,712,277 ) (9,387,367 ) (17,226,285 ) (1,289,669 ) (37,615,598 ) (9,222,193 ) (6,103,494 ) (14,857,276 ) (1,475,344 ) (31,658,307 ) Market Activity (d)(j) (929,577 ) 10,341,999 1,074,505 8,047,876 18,534,803 6,883,441 5,652,532 5,752,490 4,028,639 22,317,102 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (2,006,728 ) $ 26,858,802 $ 2,600,111 $ 12,466,015 $ 39,918,200 $ 6,911,738 $ 19,977,313 $ 24,313,676 $ 5,202,875 $ 56,405,602 Increase (Decrease) -1 % 11 % 1 % 15 % 4 % 2 % 9 % 9 % 7 % 7 % Annualized Base Management Fee Rate (f) 0.91 % 1.05 % 0.64 % 0.66 % 0.83 % 0.95 % 1.06 % 0.66 % 0.65 % 0.86 %

• Private Equity Fee-Earning AUM Outflows

  $4,116.57

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 277,502,688 $ 255,840,774 $ 313,255,195 $ 90,997,797 $ 937,596,454 $ 282,060,486 $ 226,219,392 $ 274,120,326 $ 77,669,746 $ 860,069,950 Inflows (a) 6,090,322 15,363,029 17,225,406 4,612,628 43,291,385 7,587,147 7,550,495 23,817,071 2,944,815 41,899,528 Outflows (b) (1,105,766 ) (4,116,572 ) (5,256,355 ) (2,122,321 ) (12,601,014 ) (1,712,885 ) (804,533 ) (5,872,807 ) (1,689,485 ) (10,079,710 ) Net Inflows 4,984,556 11,246,457 11,969,051 2,490,307 30,690,371 5,874,262 6,745,962 17,944,264 1,255,330 31,819,818 Realizations (c) (4,473,568 ) (4,558,846 ) (8,037,385 ) (677,049 ) (17,746,848 ) (5,405,545 ) (3,288,907 ) (7,006,088 ) (782,279 ) (16,482,819 ) Market Activity (d)(i) (593,256 ) 5,289,475 1,053,833 5,302,625 11,052,677 3,297,473 2,483,762 3,872,734 2,053,287 11,707,256 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (82,268 ) $ 11,977,086 $ 4,985,499 $ 7,115,883 $ 23,996,200 $ 3,766,190 $ 5,940,817 $ 14,810,910 $ 2,526,338 $ 27,044,255 Increase (Decrease) 0 % 5 % 2 % 8 % 3 % 1 % 3 % 5 % 3 % 3 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 279,427,148 $ 240,959,058 $ 315,640,583 $ 85,647,665 $ 921,674,454 $ 278,914,938 $ 212,182,896 $ 264,617,560 $ 74,993,209 $ 830,708,603 Inflows (a) 11,488,305 34,710,962 31,937,151 9,311,602 87,448,020 13,559,679 22,902,066 44,220,903 5,375,389 86,058,037 Outflows (b) (2,853,179 ) (8,806,792 ) (13,185,260 ) (3,603,794 ) (28,449,025 ) (4,309,189 ) (2,473,791 ) (10,802,441 ) (2,725,809 ) (20,311,230 ) Net Inflows 8,635,126 25,904,170 18,751,891 5,707,808 58,998,995 9,250,490 20,428,275 33,418,462 2,649,580 65,746,807 Realizations (c) (9,712,277 ) (9,387,367 ) (17,226,285 ) (1,289,669 ) (37,615,598 ) (9,222,193 ) (6,103,494 ) (14,857,276 ) (1,475,344 ) (31,658,307 ) Market Activity (d)(j) (929,577 ) 10,341,999 1,074,505 8,047,876 18,534,803 6,883,441 5,652,532 5,752,490 4,028,639 22,317,102 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (2,006,728 ) $ 26,858,802 $ 2,600,111 $ 12,466,015 $ 39,918,200 $ 6,911,738 $ 19,977,313 $ 24,313,676 $ 5,202,875 $ 56,405,602 Increase (Decrease) -1 % 11 % 1 % 15 % 4 % 2 % 9 % 9 % 7 % 7 % Annualized Base Management Fee Rate (f) 0.91 % 1.05 % 0.64 % 0.66 % 0.83 % 0.95 % 1.06 % 0.66 % 0.65 % 0.86 %

• Private Equity Inflows

  $24,519.79

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 315,284,316 $ 429,909,808 $ 457,462,151 $ 101,361,359 $ 1,304,017,634 $ 319,988,734 $ 370,989,871 $ 388,720,401 $ 87,762,904 $ 1,167,461,910 Inflows (a) 8,192,794 24,519,793 31,011,510 4,575,944 68,300,041 7,222,446 15,323,222 26,818,000 2,713,566 52,077,234 Outflows (b) (2,156,644 ) (1,457,761 ) (7,626,498 ) (2,297,780 ) (13,538,683 ) (1,883,281 ) (1,804,870 ) (5,287,139 ) (1,796,301 ) (10,771,591 ) Net Inflows 6,036,150 23,062,032 23,385,012 2,278,164 54,761,358 5,339,165 13,518,352 21,530,861 917,265 41,305,643 Realizations (c) (6,615,294 ) (11,023,147 ) (13,494,781 ) (710,043 ) (31,843,265 ) (5,249,171 ) (7,316,081 ) (9,962,065 ) (825,058 ) (23,352,375 ) Market Activity (d)(g) (555,375 ) 12,203,627 1,965,058 5,714,798 19,328,108 4,915,997 11,715,100 7,006,975 2,154,091 25,792,163 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (1,134,519 ) $ 24,242,512 $ 11,855,289 $ 7,282,919 $ 42,246,201 $ 5,005,991 $ 17,917,371 $ 18,575,771 $ 2,246,298 $ 43,745,431 Increase (Decrease) 0 % 6 % 3 % 7 % 3 % 2 % 5 % 5 % 3 % 4 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 319,342,875 $ 416,423,156 $ 442,951,606 $ 96,213,597 $ 1,274,931,234 $ 315,353,132 $ 352,168,635 $ 375,507,818 $ 84,150,411 $ 1,127,179,996 Inflows (a) 14,969,507 44,872,883 68,030,495 8,968,475 136,841,360 13,398,076 37,007,746 57,167,112 6,138,984 113,711,918 Outflows (b) (5,001,796 ) (3,606,942 ) (16,976,185 ) (3,836,412 ) (29,421,335 ) (4,559,583 ) (5,242,894 ) (11,913,342 ) (2,919,861 ) (24,635,680 ) Net Inflows 9,967,711 41,265,941 51,054,310 5,132,063 107,420,025 8,838,493 31,764,852 45,253,770 3,219,123 89,076,238 Realizations (c) (13,654,328 ) (25,587,151 ) (27,161,677 ) (1,348,420 ) (67,751,576 ) (9,555,186 ) (13,783,306 ) (23,849,608 ) (1,649,886 ) (48,837,986 ) Market Activity (d)(h) (1,506,461 ) 22,050,374 2,473,201 8,647,038 31,664,152 10,358,286 18,757,061 10,384,192 4,289,554 43,789,093 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (5,193,078 ) $ 37,729,164 $ 26,365,834 $ 12,430,681 $ 71,332,601 $ 9,641,593 $ 36,738,607 $ 31,788,354 $ 5,858,791 $ 84,027,345 Increase (Decrease) -2 % 9 % 6 % 13 % 6 % 3 % 10 % 8 % 7 % 7 %

• Private Equity Total AUM Net Flows

  $23,062.03

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 315,284,316 $ 429,909,808 $ 457,462,151 $ 101,361,359 $ 1,304,017,634 $ 319,988,734 $ 370,989,871 $ 388,720,401 $ 87,762,904 $ 1,167,461,910 Inflows (a) 8,192,794 24,519,793 31,011,510 4,575,944 68,300,041 7,222,446 15,323,222 26,818,000 2,713,566 52,077,234 Outflows (b) (2,156,644 ) (1,457,761 ) (7,626,498 ) (2,297,780 ) (13,538,683 ) (1,883,281 ) (1,804,870 ) (5,287,139 ) (1,796,301 ) (10,771,591 ) Net Inflows 6,036,150 23,062,032 23,385,012 2,278,164 54,761,358 5,339,165 13,518,352 21,530,861 917,265 41,305,643 Realizations (c) (6,615,294 ) (11,023,147 ) (13,494,781 ) (710,043 ) (31,843,265 ) (5,249,171 ) (7,316,081 ) (9,962,065 ) (825,058 ) (23,352,375 ) Market Activity (d)(g) (555,375 ) 12,203,627 1,965,058 5,714,798 19,328,108 4,915,997 11,715,100 7,006,975 2,154,091 25,792,163 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (1,134,519 ) $ 24,242,512 $ 11,855,289 $ 7,282,919 $ 42,246,201 $ 5,005,991 $ 17,917,371 $ 18,575,771 $ 2,246,298 $ 43,745,431 Increase (Decrease) 0 % 6 % 3 % 7 % 3 % 2 % 5 % 5 % 3 % 4 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 319,342,875 $ 416,423,156 $ 442,951,606 $ 96,213,597 $ 1,274,931,234 $ 315,353,132 $ 352,168,635 $ 375,507,818 $ 84,150,411 $ 1,127,179,996 Inflows (a) 14,969,507 44,872,883 68,030,495 8,968,475 136,841,360 13,398,076 37,007,746 57,167,112 6,138,984 113,711,918 Outflows (b) (5,001,796 ) (3,606,942 ) (16,976,185 ) (3,836,412 ) (29,421,335 ) (4,559,583 ) (5,242,894 ) (11,913,342 ) (2,919,861 ) (24,635,680 ) Net Inflows 9,967,711 41,265,941 51,054,310 5,132,063 107,420,025 8,838,493 31,764,852 45,253,770 3,219,123 89,076,238 Realizations (c) (13,654,328 ) (25,587,151 ) (27,161,677 ) (1,348,420 ) (67,751,576 ) (9,555,186 ) (13,783,306 ) (23,849,608 ) (1,649,886 ) (48,837,986 ) Market Activity (d)(h) (1,506,461 ) 22,050,374 2,473,201 8,647,038 31,664,152 10,358,286 18,757,061 10,384,192 4,289,554 43,789,093 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (5,193,078 ) $ 37,729,164 $ 26,365,834 $ 12,430,681 $ 71,332,601 $ 9,641,593 $ 36,738,607 $ 31,788,354 $ 5,858,791 $ 84,027,345 Increase (Decrease) -2 % 9 % 6 % 13 % 6 % 3 % 10 % 8 % 7 % 7 %

• Private Equity Total AUM Outflows

  $1,457.76

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 315,284,316 $ 429,909,808 $ 457,462,151 $ 101,361,359 $ 1,304,017,634 $ 319,988,734 $ 370,989,871 $ 388,720,401 $ 87,762,904 $ 1,167,461,910 Inflows (a) 8,192,794 24,519,793 31,011,510 4,575,944 68,300,041 7,222,446 15,323,222 26,818,000 2,713,566 52,077,234 Outflows (b) (2,156,644 ) (1,457,761 ) (7,626,498 ) (2,297,780 ) (13,538,683 ) (1,883,281 ) (1,804,870 ) (5,287,139 ) (1,796,301 ) (10,771,591 ) Net Inflows 6,036,150 23,062,032 23,385,012 2,278,164 54,761,358 5,339,165 13,518,352 21,530,861 917,265 41,305,643 Realizations (c) (6,615,294 ) (11,023,147 ) (13,494,781 ) (710,043 ) (31,843,265 ) (5,249,171 ) (7,316,081 ) (9,962,065 ) (825,058 ) (23,352,375 ) Market Activity (d)(g) (555,375 ) 12,203,627 1,965,058 5,714,798 19,328,108 4,915,997 11,715,100 7,006,975 2,154,091 25,792,163 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (1,134,519 ) $ 24,242,512 $ 11,855,289 $ 7,282,919 $ 42,246,201 $ 5,005,991 $ 17,917,371 $ 18,575,771 $ 2,246,298 $ 43,745,431 Increase (Decrease) 0 % 6 % 3 % 7 % 3 % 2 % 5 % 5 % 3 % 4 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 319,342,875 $ 416,423,156 $ 442,951,606 $ 96,213,597 $ 1,274,931,234 $ 315,353,132 $ 352,168,635 $ 375,507,818 $ 84,150,411 $ 1,127,179,996 Inflows (a) 14,969,507 44,872,883 68,030,495 8,968,475 136,841,360 13,398,076 37,007,746 57,167,112 6,138,984 113,711,918 Outflows (b) (5,001,796 ) (3,606,942 ) (16,976,185 ) (3,836,412 ) (29,421,335 ) (4,559,583 ) (5,242,894 ) (11,913,342 ) (2,919,861 ) (24,635,680 ) Net Inflows 9,967,711 41,265,941 51,054,310 5,132,063 107,420,025 8,838,493 31,764,852 45,253,770 3,219,123 89,076,238 Realizations (c) (13,654,328 ) (25,587,151 ) (27,161,677 ) (1,348,420 ) (67,751,576 ) (9,555,186 ) (13,783,306 ) (23,849,608 ) (1,649,886 ) (48,837,986 ) Market Activity (d)(h) (1,506,461 ) 22,050,374 2,473,201 8,647,038 31,664,152 10,358,286 18,757,061 10,384,192 4,289,554 43,789,093 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (5,193,078 ) $ 37,729,164 $ 26,365,834 $ 12,430,681 $ 71,332,601 $ 9,641,593 $ 36,738,607 $ 31,788,354 $ 5,858,791 $ 84,027,345 Increase (Decrease) -2 % 9 % 6 % 13 % 6 % 3 % 10 % 8 % 7 % 7 %

• Real Estate Fee-Earning AUM Inflows

  $6,090.32

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 277,502,688 $ 255,840,774 $ 313,255,195 $ 90,997,797 $ 937,596,454 $ 282,060,486 $ 226,219,392 $ 274,120,326 $ 77,669,746 $ 860,069,950 Inflows (a) 6,090,322 15,363,029 17,225,406 4,612,628 43,291,385 7,587,147 7,550,495 23,817,071 2,944,815 41,899,528 Outflows (b) (1,105,766 ) (4,116,572 ) (5,256,355 ) (2,122,321 ) (12,601,014 ) (1,712,885 ) (804,533 ) (5,872,807 ) (1,689,485 ) (10,079,710 ) Net Inflows 4,984,556 11,246,457 11,969,051 2,490,307 30,690,371 5,874,262 6,745,962 17,944,264 1,255,330 31,819,818 Realizations (c) (4,473,568 ) (4,558,846 ) (8,037,385 ) (677,049 ) (17,746,848 ) (5,405,545 ) (3,288,907 ) (7,006,088 ) (782,279 ) (16,482,819 ) Market Activity (d)(i) (593,256 ) 5,289,475 1,053,833 5,302,625 11,052,677 3,297,473 2,483,762 3,872,734 2,053,287 11,707,256 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (82,268 ) $ 11,977,086 $ 4,985,499 $ 7,115,883 $ 23,996,200 $ 3,766,190 $ 5,940,817 $ 14,810,910 $ 2,526,338 $ 27,044,255 Increase (Decrease) 0 % 5 % 2 % 8 % 3 % 1 % 3 % 5 % 3 % 3 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 279,427,148 $ 240,959,058 $ 315,640,583 $ 85,647,665 $ 921,674,454 $ 278,914,938 $ 212,182,896 $ 264,617,560 $ 74,993,209 $ 830,708,603 Inflows (a) 11,488,305 34,710,962 31,937,151 9,311,602 87,448,020 13,559,679 22,902,066 44,220,903 5,375,389 86,058,037 Outflows (b) (2,853,179 ) (8,806,792 ) (13,185,260 ) (3,603,794 ) (28,449,025 ) (4,309,189 ) (2,473,791 ) (10,802,441 ) (2,725,809 ) (20,311,230 ) Net Inflows 8,635,126 25,904,170 18,751,891 5,707,808 58,998,995 9,250,490 20,428,275 33,418,462 2,649,580 65,746,807 Realizations (c) (9,712,277 ) (9,387,367 ) (17,226,285 ) (1,289,669 ) (37,615,598 ) (9,222,193 ) (6,103,494 ) (14,857,276 ) (1,475,344 ) (31,658,307 ) Market Activity (d)(j) (929,577 ) 10,341,999 1,074,505 8,047,876 18,534,803 6,883,441 5,652,532 5,752,490 4,028,639 22,317,102 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (2,006,728 ) $ 26,858,802 $ 2,600,111 $ 12,466,015 $ 39,918,200 $ 6,911,738 $ 19,977,313 $ 24,313,676 $ 5,202,875 $ 56,405,602 Increase (Decrease) -1 % 11 % 1 % 15 % 4 % 2 % 9 % 9 % 7 % 7 % Annualized Base Management Fee Rate (f) 0.91 % 1.05 % 0.64 % 0.66 % 0.83 % 0.95 % 1.06 % 0.66 % 0.65 % 0.86 %

• Real Estate Fee-Earning AUM Net Flows

  $4,984.56

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 277,502,688 $ 255,840,774 $ 313,255,195 $ 90,997,797 $ 937,596,454 $ 282,060,486 $ 226,219,392 $ 274,120,326 $ 77,669,746 $ 860,069,950 Inflows (a) 6,090,322 15,363,029 17,225,406 4,612,628 43,291,385 7,587,147 7,550,495 23,817,071 2,944,815 41,899,528 Outflows (b) (1,105,766 ) (4,116,572 ) (5,256,355 ) (2,122,321 ) (12,601,014 ) (1,712,885 ) (804,533 ) (5,872,807 ) (1,689,485 ) (10,079,710 ) Net Inflows 4,984,556 11,246,457 11,969,051 2,490,307 30,690,371 5,874,262 6,745,962 17,944,264 1,255,330 31,819,818 Realizations (c) (4,473,568 ) (4,558,846 ) (8,037,385 ) (677,049 ) (17,746,848 ) (5,405,545 ) (3,288,907 ) (7,006,088 ) (782,279 ) (16,482,819 ) Market Activity (d)(i) (593,256 ) 5,289,475 1,053,833 5,302,625 11,052,677 3,297,473 2,483,762 3,872,734 2,053,287 11,707,256 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (82,268 ) $ 11,977,086 $ 4,985,499 $ 7,115,883 $ 23,996,200 $ 3,766,190 $ 5,940,817 $ 14,810,910 $ 2,526,338 $ 27,044,255 Increase (Decrease) 0 % 5 % 2 % 8 % 3 % 1 % 3 % 5 % 3 % 3 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 279,427,148 $ 240,959,058 $ 315,640,583 $ 85,647,665 $ 921,674,454 $ 278,914,938 $ 212,182,896 $ 264,617,560 $ 74,993,209 $ 830,708,603 Inflows (a) 11,488,305 34,710,962 31,937,151 9,311,602 87,448,020 13,559,679 22,902,066 44,220,903 5,375,389 86,058,037 Outflows (b) (2,853,179 ) (8,806,792 ) (13,185,260 ) (3,603,794 ) (28,449,025 ) (4,309,189 ) (2,473,791 ) (10,802,441 ) (2,725,809 ) (20,311,230 ) Net Inflows 8,635,126 25,904,170 18,751,891 5,707,808 58,998,995 9,250,490 20,428,275 33,418,462 2,649,580 65,746,807 Realizations (c) (9,712,277 ) (9,387,367 ) (17,226,285 ) (1,289,669 ) (37,615,598 ) (9,222,193 ) (6,103,494 ) (14,857,276 ) (1,475,344 ) (31,658,307 ) Market Activity (d)(j) (929,577 ) 10,341,999 1,074,505 8,047,876 18,534,803 6,883,441 5,652,532 5,752,490 4,028,639 22,317,102 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (2,006,728 ) $ 26,858,802 $ 2,600,111 $ 12,466,015 $ 39,918,200 $ 6,911,738 $ 19,977,313 $ 24,313,676 $ 5,202,875 $ 56,405,602 Increase (Decrease) -1 % 11 % 1 % 15 % 4 % 2 % 9 % 9 % 7 % 7 % Annualized Base Management Fee Rate (f) 0.91 % 1.05 % 0.64 % 0.66 % 0.83 % 0.95 % 1.06 % 0.66 % 0.65 % 0.86 %

• Real Estate Fee-Earning AUM Outflows

  $1,105.77

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 277,502,688 $ 255,840,774 $ 313,255,195 $ 90,997,797 $ 937,596,454 $ 282,060,486 $ 226,219,392 $ 274,120,326 $ 77,669,746 $ 860,069,950 Inflows (a) 6,090,322 15,363,029 17,225,406 4,612,628 43,291,385 7,587,147 7,550,495 23,817,071 2,944,815 41,899,528 Outflows (b) (1,105,766 ) (4,116,572 ) (5,256,355 ) (2,122,321 ) (12,601,014 ) (1,712,885 ) (804,533 ) (5,872,807 ) (1,689,485 ) (10,079,710 ) Net Inflows 4,984,556 11,246,457 11,969,051 2,490,307 30,690,371 5,874,262 6,745,962 17,944,264 1,255,330 31,819,818 Realizations (c) (4,473,568 ) (4,558,846 ) (8,037,385 ) (677,049 ) (17,746,848 ) (5,405,545 ) (3,288,907 ) (7,006,088 ) (782,279 ) (16,482,819 ) Market Activity (d)(i) (593,256 ) 5,289,475 1,053,833 5,302,625 11,052,677 3,297,473 2,483,762 3,872,734 2,053,287 11,707,256 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (82,268 ) $ 11,977,086 $ 4,985,499 $ 7,115,883 $ 23,996,200 $ 3,766,190 $ 5,940,817 $ 14,810,910 $ 2,526,338 $ 27,044,255 Increase (Decrease) 0 % 5 % 2 % 8 % 3 % 1 % 3 % 5 % 3 % 3 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 279,427,148 $ 240,959,058 $ 315,640,583 $ 85,647,665 $ 921,674,454 $ 278,914,938 $ 212,182,896 $ 264,617,560 $ 74,993,209 $ 830,708,603 Inflows (a) 11,488,305 34,710,962 31,937,151 9,311,602 87,448,020 13,559,679 22,902,066 44,220,903 5,375,389 86,058,037 Outflows (b) (2,853,179 ) (8,806,792 ) (13,185,260 ) (3,603,794 ) (28,449,025 ) (4,309,189 ) (2,473,791 ) (10,802,441 ) (2,725,809 ) (20,311,230 ) Net Inflows 8,635,126 25,904,170 18,751,891 5,707,808 58,998,995 9,250,490 20,428,275 33,418,462 2,649,580 65,746,807 Realizations (c) (9,712,277 ) (9,387,367 ) (17,226,285 ) (1,289,669 ) (37,615,598 ) (9,222,193 ) (6,103,494 ) (14,857,276 ) (1,475,344 ) (31,658,307 ) Market Activity (d)(j) (929,577 ) 10,341,999 1,074,505 8,047,876 18,534,803 6,883,441 5,652,532 5,752,490 4,028,639 22,317,102 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (2,006,728 ) $ 26,858,802 $ 2,600,111 $ 12,466,015 $ 39,918,200 $ 6,911,738 $ 19,977,313 $ 24,313,676 $ 5,202,875 $ 56,405,602 Increase (Decrease) -1 % 11 % 1 % 15 % 4 % 2 % 9 % 9 % 7 % 7 % Annualized Base Management Fee Rate (f) 0.91 % 1.05 % 0.64 % 0.66 % 0.83 % 0.95 % 1.06 % 0.66 % 0.65 % 0.86 %

• Real Estate Inflows

  $8,192.79

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 315,284,316 $ 429,909,808 $ 457,462,151 $ 101,361,359 $ 1,304,017,634 $ 319,988,734 $ 370,989,871 $ 388,720,401 $ 87,762,904 $ 1,167,461,910 Inflows (a) 8,192,794 24,519,793 31,011,510 4,575,944 68,300,041 7,222,446 15,323,222 26,818,000 2,713,566 52,077,234 Outflows (b) (2,156,644 ) (1,457,761 ) (7,626,498 ) (2,297,780 ) (13,538,683 ) (1,883,281 ) (1,804,870 ) (5,287,139 ) (1,796,301 ) (10,771,591 ) Net Inflows 6,036,150 23,062,032 23,385,012 2,278,164 54,761,358 5,339,165 13,518,352 21,530,861 917,265 41,305,643 Realizations (c) (6,615,294 ) (11,023,147 ) (13,494,781 ) (710,043 ) (31,843,265 ) (5,249,171 ) (7,316,081 ) (9,962,065 ) (825,058 ) (23,352,375 ) Market Activity (d)(g) (555,375 ) 12,203,627 1,965,058 5,714,798 19,328,108 4,915,997 11,715,100 7,006,975 2,154,091 25,792,163 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (1,134,519 ) $ 24,242,512 $ 11,855,289 $ 7,282,919 $ 42,246,201 $ 5,005,991 $ 17,917,371 $ 18,575,771 $ 2,246,298 $ 43,745,431 Increase (Decrease) 0 % 6 % 3 % 7 % 3 % 2 % 5 % 5 % 3 % 4 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 319,342,875 $ 416,423,156 $ 442,951,606 $ 96,213,597 $ 1,274,931,234 $ 315,353,132 $ 352,168,635 $ 375,507,818 $ 84,150,411 $ 1,127,179,996 Inflows (a) 14,969,507 44,872,883 68,030,495 8,968,475 136,841,360 13,398,076 37,007,746 57,167,112 6,138,984 113,711,918 Outflows (b) (5,001,796 ) (3,606,942 ) (16,976,185 ) (3,836,412 ) (29,421,335 ) (4,559,583 ) (5,242,894 ) (11,913,342 ) (2,919,861 ) (24,635,680 ) Net Inflows 9,967,711 41,265,941 51,054,310 5,132,063 107,420,025 8,838,493 31,764,852 45,253,770 3,219,123 89,076,238 Realizations (c) (13,654,328 ) (25,587,151 ) (27,161,677 ) (1,348,420 ) (67,751,576 ) (9,555,186 ) (13,783,306 ) (23,849,608 ) (1,649,886 ) (48,837,986 ) Market Activity (d)(h) (1,506,461 ) 22,050,374 2,473,201 8,647,038 31,664,152 10,358,286 18,757,061 10,384,192 4,289,554 43,789,093 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (5,193,078 ) $ 37,729,164 $ 26,365,834 $ 12,430,681 $ 71,332,601 $ 9,641,593 $ 36,738,607 $ 31,788,354 $ 5,858,791 $ 84,027,345 Increase (Decrease) -2 % 9 % 6 % 13 % 6 % 3 % 10 % 8 % 7 % 7 %

• Real Estate Total AUM Net Flows

  $6,036.15

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 315,284,316 $ 429,909,808 $ 457,462,151 $ 101,361,359 $ 1,304,017,634 $ 319,988,734 $ 370,989,871 $ 388,720,401 $ 87,762,904 $ 1,167,461,910 Inflows (a) 8,192,794 24,519,793 31,011,510 4,575,944 68,300,041 7,222,446 15,323,222 26,818,000 2,713,566 52,077,234 Outflows (b) (2,156,644 ) (1,457,761 ) (7,626,498 ) (2,297,780 ) (13,538,683 ) (1,883,281 ) (1,804,870 ) (5,287,139 ) (1,796,301 ) (10,771,591 ) Net Inflows 6,036,150 23,062,032 23,385,012 2,278,164 54,761,358 5,339,165 13,518,352 21,530,861 917,265 41,305,643 Realizations (c) (6,615,294 ) (11,023,147 ) (13,494,781 ) (710,043 ) (31,843,265 ) (5,249,171 ) (7,316,081 ) (9,962,065 ) (825,058 ) (23,352,375 ) Market Activity (d)(g) (555,375 ) 12,203,627 1,965,058 5,714,798 19,328,108 4,915,997 11,715,100 7,006,975 2,154,091 25,792,163 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (1,134,519 ) $ 24,242,512 $ 11,855,289 $ 7,282,919 $ 42,246,201 $ 5,005,991 $ 17,917,371 $ 18,575,771 $ 2,246,298 $ 43,745,431 Increase (Decrease) 0 % 6 % 3 % 7 % 3 % 2 % 5 % 5 % 3 % 4 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 319,342,875 $ 416,423,156 $ 442,951,606 $ 96,213,597 $ 1,274,931,234 $ 315,353,132 $ 352,168,635 $ 375,507,818 $ 84,150,411 $ 1,127,179,996 Inflows (a) 14,969,507 44,872,883 68,030,495 8,968,475 136,841,360 13,398,076 37,007,746 57,167,112 6,138,984 113,711,918 Outflows (b) (5,001,796 ) (3,606,942 ) (16,976,185 ) (3,836,412 ) (29,421,335 ) (4,559,583 ) (5,242,894 ) (11,913,342 ) (2,919,861 ) (24,635,680 ) Net Inflows 9,967,711 41,265,941 51,054,310 5,132,063 107,420,025 8,838,493 31,764,852 45,253,770 3,219,123 89,076,238 Realizations (c) (13,654,328 ) (25,587,151 ) (27,161,677 ) (1,348,420 ) (67,751,576 ) (9,555,186 ) (13,783,306 ) (23,849,608 ) (1,649,886 ) (48,837,986 ) Market Activity (d)(h) (1,506,461 ) 22,050,374 2,473,201 8,647,038 31,664,152 10,358,286 18,757,061 10,384,192 4,289,554 43,789,093 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (5,193,078 ) $ 37,729,164 $ 26,365,834 $ 12,430,681 $ 71,332,601 $ 9,641,593 $ 36,738,607 $ 31,788,354 $ 5,858,791 $ 84,027,345 Increase (Decrease) -2 % 9 % 6 % 13 % 6 % 3 % 10 % 8 % 7 % 7 %

• Real Estate Total AUM Outflows

  $2,156.64

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 315,284,316 $ 429,909,808 $ 457,462,151 $ 101,361,359 $ 1,304,017,634 $ 319,988,734 $ 370,989,871 $ 388,720,401 $ 87,762,904 $ 1,167,461,910 Inflows (a) 8,192,794 24,519,793 31,011,510 4,575,944 68,300,041 7,222,446 15,323,222 26,818,000 2,713,566 52,077,234 Outflows (b) (2,156,644 ) (1,457,761 ) (7,626,498 ) (2,297,780 ) (13,538,683 ) (1,883,281 ) (1,804,870 ) (5,287,139 ) (1,796,301 ) (10,771,591 ) Net Inflows 6,036,150 23,062,032 23,385,012 2,278,164 54,761,358 5,339,165 13,518,352 21,530,861 917,265 41,305,643 Realizations (c) (6,615,294 ) (11,023,147 ) (13,494,781 ) (710,043 ) (31,843,265 ) (5,249,171 ) (7,316,081 ) (9,962,065 ) (825,058 ) (23,352,375 ) Market Activity (d)(g) (555,375 ) 12,203,627 1,965,058 5,714,798 19,328,108 4,915,997 11,715,100 7,006,975 2,154,091 25,792,163 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (1,134,519 ) $ 24,242,512 $ 11,855,289 $ 7,282,919 $ 42,246,201 $ 5,005,991 $ 17,917,371 $ 18,575,771 $ 2,246,298 $ 43,745,431 Increase (Decrease) 0 % 6 % 3 % 7 % 3 % 2 % 5 % 5 % 3 % 4 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 319,342,875 $ 416,423,156 $ 442,951,606 $ 96,213,597 $ 1,274,931,234 $ 315,353,132 $ 352,168,635 $ 375,507,818 $ 84,150,411 $ 1,127,179,996 Inflows (a) 14,969,507 44,872,883 68,030,495 8,968,475 136,841,360 13,398,076 37,007,746 57,167,112 6,138,984 113,711,918 Outflows (b) (5,001,796 ) (3,606,942 ) (16,976,185 ) (3,836,412 ) (29,421,335 ) (4,559,583 ) (5,242,894 ) (11,913,342 ) (2,919,861 ) (24,635,680 ) Net Inflows 9,967,711 41,265,941 51,054,310 5,132,063 107,420,025 8,838,493 31,764,852 45,253,770 3,219,123 89,076,238 Realizations (c) (13,654,328 ) (25,587,151 ) (27,161,677 ) (1,348,420 ) (67,751,576 ) (9,555,186 ) (13,783,306 ) (23,849,608 ) (1,649,886 ) (48,837,986 ) Market Activity (d)(h) (1,506,461 ) 22,050,374 2,473,201 8,647,038 31,664,152 10,358,286 18,757,061 10,384,192 4,289,554 43,789,093 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (5,193,078 ) $ 37,729,164 $ 26,365,834 $ 12,430,681 $ 71,332,601 $ 9,641,593 $ 36,738,607 $ 31,788,354 $ 5,858,791 $ 84,027,345 Increase (Decrease) -2 % 9 % 6 % 13 % 6 % 3 % 10 % 8 % 7 % 7 %

• Total AUM Inflows

  $68,300.04

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 315,284,316 $ 429,909,808 $ 457,462,151 $ 101,361,359 $ 1,304,017,634 $ 319,988,734 $ 370,989,871 $ 388,720,401 $ 87,762,904 $ 1,167,461,910 Inflows (a) 8,192,794 24,519,793 31,011,510 4,575,944 68,300,041 7,222,446 15,323,222 26,818,000 2,713,566 52,077,234 Outflows (b) (2,156,644 ) (1,457,761 ) (7,626,498 ) (2,297,780 ) (13,538,683 ) (1,883,281 ) (1,804,870 ) (5,287,139 ) (1,796,301 ) (10,771,591 ) Net Inflows 6,036,150 23,062,032 23,385,012 2,278,164 54,761,358 5,339,165 13,518,352 21,530,861 917,265 41,305,643 Realizations (c) (6,615,294 ) (11,023,147 ) (13,494,781 ) (710,043 ) (31,843,265 ) (5,249,171 ) (7,316,081 ) (9,962,065 ) (825,058 ) (23,352,375 ) Market Activity (d)(g) (555,375 ) 12,203,627 1,965,058 5,714,798 19,328,108 4,915,997 11,715,100 7,006,975 2,154,091 25,792,163 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (1,134,519 ) $ 24,242,512 $ 11,855,289 $ 7,282,919 $ 42,246,201 $ 5,005,991 $ 17,917,371 $ 18,575,771 $ 2,246,298 $ 43,745,431 Increase (Decrease) 0 % 6 % 3 % 7 % 3 % 2 % 5 % 5 % 3 % 4 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 319,342,875 $ 416,423,156 $ 442,951,606 $ 96,213,597 $ 1,274,931,234 $ 315,353,132 $ 352,168,635 $ 375,507,818 $ 84,150,411 $ 1,127,179,996 Inflows (a) 14,969,507 44,872,883 68,030,495 8,968,475 136,841,360 13,398,076 37,007,746 57,167,112 6,138,984 113,711,918 Outflows (b) (5,001,796 ) (3,606,942 ) (16,976,185 ) (3,836,412 ) (29,421,335 ) (4,559,583 ) (5,242,894 ) (11,913,342 ) (2,919,861 ) (24,635,680 ) Net Inflows 9,967,711 41,265,941 51,054,310 5,132,063 107,420,025 8,838,493 31,764,852 45,253,770 3,219,123 89,076,238 Realizations (c) (13,654,328 ) (25,587,151 ) (27,161,677 ) (1,348,420 ) (67,751,576 ) (9,555,186 ) (13,783,306 ) (23,849,608 ) (1,649,886 ) (48,837,986 ) Market Activity (d)(h) (1,506,461 ) 22,050,374 2,473,201 8,647,038 31,664,152 10,358,286 18,757,061 10,384,192 4,289,554 43,789,093 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (5,193,078 ) $ 37,729,164 $ 26,365,834 $ 12,430,681 $ 71,332,601 $ 9,641,593 $ 36,738,607 $ 31,788,354 $ 5,858,791 $ 84,027,345 Increase (Decrease) -2 % 9 % 6 % 13 % 6 % 3 % 10 % 8 % 7 % 7 %

• Total AUM Net Flows

  $54,761.36

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 315,284,316 $ 429,909,808 $ 457,462,151 $ 101,361,359 $ 1,304,017,634 $ 319,988,734 $ 370,989,871 $ 388,720,401 $ 87,762,904 $ 1,167,461,910 Inflows (a) 8,192,794 24,519,793 31,011,510 4,575,944 68,300,041 7,222,446 15,323,222 26,818,000 2,713,566 52,077,234 Outflows (b) (2,156,644 ) (1,457,761 ) (7,626,498 ) (2,297,780 ) (13,538,683 ) (1,883,281 ) (1,804,870 ) (5,287,139 ) (1,796,301 ) (10,771,591 ) Net Inflows 6,036,150 23,062,032 23,385,012 2,278,164 54,761,358 5,339,165 13,518,352 21,530,861 917,265 41,305,643 Realizations (c) (6,615,294 ) (11,023,147 ) (13,494,781 ) (710,043 ) (31,843,265 ) (5,249,171 ) (7,316,081 ) (9,962,065 ) (825,058 ) (23,352,375 ) Market Activity (d)(g) (555,375 ) 12,203,627 1,965,058 5,714,798 19,328,108 4,915,997 11,715,100 7,006,975 2,154,091 25,792,163 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (1,134,519 ) $ 24,242,512 $ 11,855,289 $ 7,282,919 $ 42,246,201 $ 5,005,991 $ 17,917,371 $ 18,575,771 $ 2,246,298 $ 43,745,431 Increase (Decrease) 0 % 6 % 3 % 7 % 3 % 2 % 5 % 5 % 3 % 4 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 319,342,875 $ 416,423,156 $ 442,951,606 $ 96,213,597 $ 1,274,931,234 $ 315,353,132 $ 352,168,635 $ 375,507,818 $ 84,150,411 $ 1,127,179,996 Inflows (a) 14,969,507 44,872,883 68,030,495 8,968,475 136,841,360 13,398,076 37,007,746 57,167,112 6,138,984 113,711,918 Outflows (b) (5,001,796 ) (3,606,942 ) (16,976,185 ) (3,836,412 ) (29,421,335 ) (4,559,583 ) (5,242,894 ) (11,913,342 ) (2,919,861 ) (24,635,680 ) Net Inflows 9,967,711 41,265,941 51,054,310 5,132,063 107,420,025 8,838,493 31,764,852 45,253,770 3,219,123 89,076,238 Realizations (c) (13,654,328 ) (25,587,151 ) (27,161,677 ) (1,348,420 ) (67,751,576 ) (9,555,186 ) (13,783,306 ) (23,849,608 ) (1,649,886 ) (48,837,986 ) Market Activity (d)(h) (1,506,461 ) 22,050,374 2,473,201 8,647,038 31,664,152 10,358,286 18,757,061 10,384,192 4,289,554 43,789,093 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (5,193,078 ) $ 37,729,164 $ 26,365,834 $ 12,430,681 $ 71,332,601 $ 9,641,593 $ 36,738,607 $ 31,788,354 $ 5,858,791 $ 84,027,345 Increase (Decrease) -2 % 9 % 6 % 13 % 6 % 3 % 10 % 8 % 7 % 7 %

• Total AUM Outflows

  $13,538.68

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 315,284,316 $ 429,909,808 $ 457,462,151 $ 101,361,359 $ 1,304,017,634 $ 319,988,734 $ 370,989,871 $ 388,720,401 $ 87,762,904 $ 1,167,461,910 Inflows (a) 8,192,794 24,519,793 31,011,510 4,575,944 68,300,041 7,222,446 15,323,222 26,818,000 2,713,566 52,077,234 Outflows (b) (2,156,644 ) (1,457,761 ) (7,626,498 ) (2,297,780 ) (13,538,683 ) (1,883,281 ) (1,804,870 ) (5,287,139 ) (1,796,301 ) (10,771,591 ) Net Inflows 6,036,150 23,062,032 23,385,012 2,278,164 54,761,358 5,339,165 13,518,352 21,530,861 917,265 41,305,643 Realizations (c) (6,615,294 ) (11,023,147 ) (13,494,781 ) (710,043 ) (31,843,265 ) (5,249,171 ) (7,316,081 ) (9,962,065 ) (825,058 ) (23,352,375 ) Market Activity (d)(g) (555,375 ) 12,203,627 1,965,058 5,714,798 19,328,108 4,915,997 11,715,100 7,006,975 2,154,091 25,792,163 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (1,134,519 ) $ 24,242,512 $ 11,855,289 $ 7,282,919 $ 42,246,201 $ 5,005,991 $ 17,917,371 $ 18,575,771 $ 2,246,298 $ 43,745,431 Increase (Decrease) 0 % 6 % 3 % 7 % 3 % 2 % 5 % 5 % 3 % 4 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 319,342,875 $ 416,423,156 $ 442,951,606 $ 96,213,597 $ 1,274,931,234 $ 315,353,132 $ 352,168,635 $ 375,507,818 $ 84,150,411 $ 1,127,179,996 Inflows (a) 14,969,507 44,872,883 68,030,495 8,968,475 136,841,360 13,398,076 37,007,746 57,167,112 6,138,984 113,711,918 Outflows (b) (5,001,796 ) (3,606,942 ) (16,976,185 ) (3,836,412 ) (29,421,335 ) (4,559,583 ) (5,242,894 ) (11,913,342 ) (2,919,861 ) (24,635,680 ) Net Inflows 9,967,711 41,265,941 51,054,310 5,132,063 107,420,025 8,838,493 31,764,852 45,253,770 3,219,123 89,076,238 Realizations (c) (13,654,328 ) (25,587,151 ) (27,161,677 ) (1,348,420 ) (67,751,576 ) (9,555,186 ) (13,783,306 ) (23,849,608 ) (1,649,886 ) (48,837,986 ) Market Activity (d)(h) (1,506,461 ) 22,050,374 2,473,201 8,647,038 31,664,152 10,358,286 18,757,061 10,384,192 4,289,554 43,789,093 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (5,193,078 ) $ 37,729,164 $ 26,365,834 $ 12,430,681 $ 71,332,601 $ 9,641,593 $ 36,738,607 $ 31,788,354 $ 5,858,791 $ 84,027,345 Increase (Decrease) -2 % 9 % 6 % 13 % 6 % 3 % 10 % 8 % 7 % 7 %

• Capital Committed but Not Yet Deployed

  $17,100

  § Inflows were $68.3 billion in the quarter, bringing LTM inflows to $262.5 billion. § Deployed $34.2 billion in the quarter and $138.5 billion over the LTM. – Committed an additional $17.1 billion that was not yet deployed in the quarter. § Realizations were $31.8 billion in the quarter and $144.5 billion over the LTM. Inflows Capital Deployed Realizations ($ in millions) 2Q’26 2Q’26 LTM 2Q’26 2Q’26 LTM 2Q’26 2Q’26 LTM Real Estate $ 8,193 $ 27,098 $ 5,815 $ 21,891 $ 6,615 $ 29,650 Opportunistic 1,319 2,355 2,542 7,777 2,715 10,792 Core+ 4,733 13,498 772 3,100 2,018 8,320 Debt Strategies 2,140 11,245 2,501 11,013 1,882 10,538 Private Equity 24,520 76,006 14,515 47,404 11,023 45,682 Corporate Private Equity 15,182 34,852 8,579 26,986 5,834 24,255 Tactical Opportunities 891 3,864 1,264 2,899 1,150 6,387 Secondaries 5,662 23,983 3,263 12,919 2,614 11,523 Infrastructure 2,785 13,307 1,410 4,601 1,425 3,518 Credit & Insurance 31,012 142,998 12,733 65,365 13,495 65,720 Multi-Asset Investing 4,576 16,412 1,112 3,797 710 3,412 Total Blackstone $ 68,300 $ 262,515 $ 34,175 $ 138,457 $ 31,843 $ 144,464 Corporate Private Equity also includes Life Sciences, Growth, BTAS, and BXPE. AUM and related capital metrics are reported in the segment where the assets are managed.

• Capital Deployed

  $34,175

  § Inflows were $68.3 billion in the quarter, bringing LTM inflows to $262.5 billion. § Deployed $34.2 billion in the quarter and $138.5 billion over the LTM. – Committed an additional $17.1 billion that was not yet deployed in the quarter. § Realizations were $31.8 billion in the quarter and $144.5 billion over the LTM. Inflows Capital Deployed Realizations ($ in millions) 2Q’26 2Q’26 LTM 2Q’26 2Q’26 LTM 2Q’26 2Q’26 LTM Real Estate $ 8,193 $ 27,098 $ 5,815 $ 21,891 $ 6,615 $ 29,650 Opportunistic 1,319 2,355 2,542 7,777 2,715 10,792 Core+ 4,733 13,498 772 3,100 2,018 8,320 Debt Strategies 2,140 11,245 2,501 11,013 1,882 10,538 Private Equity 24,520 76,006 14,515 47,404 11,023 45,682 Corporate Private Equity 15,182 34,852 8,579 26,986 5,834 24,255 Tactical Opportunities 891 3,864 1,264 2,899 1,150 6,387 Secondaries 5,662 23,983 3,263 12,919 2,614 11,523 Infrastructure 2,785 13,307 1,410 4,601 1,425 3,518 Credit & Insurance 31,012 142,998 12,733 65,365 13,495 65,720 Multi-Asset Investing 4,576 16,412 1,112 3,797 710 3,412 Total Blackstone $ 68,300 $ 262,515 $ 34,175 $ 138,457 $ 31,843 $ 144,464 Corporate Private Equity also includes Life Sciences, Growth, BTAS, and BXPE. AUM and related capital metrics are reported in the segment where the assets are managed.

• Credit & Insurance Capital Deployed

  $12,733

  § Inflows were $68.3 billion in the quarter, bringing LTM inflows to $262.5 billion. § Deployed $34.2 billion in the quarter and $138.5 billion over the LTM. – Committed an additional $17.1 billion that was not yet deployed in the quarter. § Realizations were $31.8 billion in the quarter and $144.5 billion over the LTM. Inflows Capital Deployed Realizations ($ in millions) 2Q’26 2Q’26 LTM 2Q’26 2Q’26 LTM 2Q’26 2Q’26 LTM Real Estate $ 8,193 $ 27,098 $ 5,815 $ 21,891 $ 6,615 $ 29,650 Opportunistic 1,319 2,355 2,542 7,777 2,715 10,792 Core+ 4,733 13,498 772 3,100 2,018 8,320 Debt Strategies 2,140 11,245 2,501 11,013 1,882 10,538 Private Equity 24,520 76,006 14,515 47,404 11,023 45,682 Corporate Private Equity 15,182 34,852 8,579 26,986 5,834 24,255 Tactical Opportunities 891 3,864 1,264 2,899 1,150 6,387 Secondaries 5,662 23,983 3,263 12,919 2,614 11,523 Infrastructure 2,785 13,307 1,410 4,601 1,425 3,518 Credit & Insurance 31,012 142,998 12,733 65,365 13,495 65,720 Multi-Asset Investing 4,576 16,412 1,112 3,797 710 3,412 Total Blackstone $ 68,300 $ 262,515 $ 34,175 $ 138,457 $ 31,843 $ 144,464 Corporate Private Equity also includes Life Sciences, Growth, BTAS, and BXPE. AUM and related capital metrics are reported in the segment where the assets are managed.

• Credit & Insurance Fee-Earning AUM Realizations

  $8,037.39

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 277,502,688 $ 255,840,774 $ 313,255,195 $ 90,997,797 $ 937,596,454 $ 282,060,486 $ 226,219,392 $ 274,120,326 $ 77,669,746 $ 860,069,950 Inflows (a) 6,090,322 15,363,029 17,225,406 4,612,628 43,291,385 7,587,147 7,550,495 23,817,071 2,944,815 41,899,528 Outflows (b) (1,105,766 ) (4,116,572 ) (5,256,355 ) (2,122,321 ) (12,601,014 ) (1,712,885 ) (804,533 ) (5,872,807 ) (1,689,485 ) (10,079,710 ) Net Inflows 4,984,556 11,246,457 11,969,051 2,490,307 30,690,371 5,874,262 6,745,962 17,944,264 1,255,330 31,819,818 Realizations (c) (4,473,568 ) (4,558,846 ) (8,037,385 ) (677,049 ) (17,746,848 ) (5,405,545 ) (3,288,907 ) (7,006,088 ) (782,279 ) (16,482,819 ) Market Activity (d)(i) (593,256 ) 5,289,475 1,053,833 5,302,625 11,052,677 3,297,473 2,483,762 3,872,734 2,053,287 11,707,256 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (82,268 ) $ 11,977,086 $ 4,985,499 $ 7,115,883 $ 23,996,200 $ 3,766,190 $ 5,940,817 $ 14,810,910 $ 2,526,338 $ 27,044,255 Increase (Decrease) 0 % 5 % 2 % 8 % 3 % 1 % 3 % 5 % 3 % 3 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 279,427,148 $ 240,959,058 $ 315,640,583 $ 85,647,665 $ 921,674,454 $ 278,914,938 $ 212,182,896 $ 264,617,560 $ 74,993,209 $ 830,708,603 Inflows (a) 11,488,305 34,710,962 31,937,151 9,311,602 87,448,020 13,559,679 22,902,066 44,220,903 5,375,389 86,058,037 Outflows (b) (2,853,179 ) (8,806,792 ) (13,185,260 ) (3,603,794 ) (28,449,025 ) (4,309,189 ) (2,473,791 ) (10,802,441 ) (2,725,809 ) (20,311,230 ) Net Inflows 8,635,126 25,904,170 18,751,891 5,707,808 58,998,995 9,250,490 20,428,275 33,418,462 2,649,580 65,746,807 Realizations (c) (9,712,277 ) (9,387,367 ) (17,226,285 ) (1,289,669 ) (37,615,598 ) (9,222,193 ) (6,103,494 ) (14,857,276 ) (1,475,344 ) (31,658,307 ) Market Activity (d)(j) (929,577 ) 10,341,999 1,074,505 8,047,876 18,534,803 6,883,441 5,652,532 5,752,490 4,028,639 22,317,102 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (2,006,728 ) $ 26,858,802 $ 2,600,111 $ 12,466,015 $ 39,918,200 $ 6,911,738 $ 19,977,313 $ 24,313,676 $ 5,202,875 $ 56,405,602 Increase (Decrease) -1 % 11 % 1 % 15 % 4 % 2 % 9 % 9 % 7 % 7 % Annualized Base Management Fee Rate (f) 0.91 % 1.05 % 0.64 % 0.66 % 0.83 % 0.95 % 1.06 % 0.66 % 0.65 % 0.86 %

• Credit & Insurance Realizations

  $13,494.78

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 315,284,316 $ 429,909,808 $ 457,462,151 $ 101,361,359 $ 1,304,017,634 $ 319,988,734 $ 370,989,871 $ 388,720,401 $ 87,762,904 $ 1,167,461,910 Inflows (a) 8,192,794 24,519,793 31,011,510 4,575,944 68,300,041 7,222,446 15,323,222 26,818,000 2,713,566 52,077,234 Outflows (b) (2,156,644 ) (1,457,761 ) (7,626,498 ) (2,297,780 ) (13,538,683 ) (1,883,281 ) (1,804,870 ) (5,287,139 ) (1,796,301 ) (10,771,591 ) Net Inflows 6,036,150 23,062,032 23,385,012 2,278,164 54,761,358 5,339,165 13,518,352 21,530,861 917,265 41,305,643 Realizations (c) (6,615,294 ) (11,023,147 ) (13,494,781 ) (710,043 ) (31,843,265 ) (5,249,171 ) (7,316,081 ) (9,962,065 ) (825,058 ) (23,352,375 ) Market Activity (d)(g) (555,375 ) 12,203,627 1,965,058 5,714,798 19,328,108 4,915,997 11,715,100 7,006,975 2,154,091 25,792,163 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (1,134,519 ) $ 24,242,512 $ 11,855,289 $ 7,282,919 $ 42,246,201 $ 5,005,991 $ 17,917,371 $ 18,575,771 $ 2,246,298 $ 43,745,431 Increase (Decrease) 0 % 6 % 3 % 7 % 3 % 2 % 5 % 5 % 3 % 4 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 319,342,875 $ 416,423,156 $ 442,951,606 $ 96,213,597 $ 1,274,931,234 $ 315,353,132 $ 352,168,635 $ 375,507,818 $ 84,150,411 $ 1,127,179,996 Inflows (a) 14,969,507 44,872,883 68,030,495 8,968,475 136,841,360 13,398,076 37,007,746 57,167,112 6,138,984 113,711,918 Outflows (b) (5,001,796 ) (3,606,942 ) (16,976,185 ) (3,836,412 ) (29,421,335 ) (4,559,583 ) (5,242,894 ) (11,913,342 ) (2,919,861 ) (24,635,680 ) Net Inflows 9,967,711 41,265,941 51,054,310 5,132,063 107,420,025 8,838,493 31,764,852 45,253,770 3,219,123 89,076,238 Realizations (c) (13,654,328 ) (25,587,151 ) (27,161,677 ) (1,348,420 ) (67,751,576 ) (9,555,186 ) (13,783,306 ) (23,849,608 ) (1,649,886 ) (48,837,986 ) Market Activity (d)(h) (1,506,461 ) 22,050,374 2,473,201 8,647,038 31,664,152 10,358,286 18,757,061 10,384,192 4,289,554 43,789,093 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (5,193,078 ) $ 37,729,164 $ 26,365,834 $ 12,430,681 $ 71,332,601 $ 9,641,593 $ 36,738,607 $ 31,788,354 $ 5,858,791 $ 84,027,345 Increase (Decrease) -2 % 9 % 6 % 13 % 6 % 3 % 10 % 8 % 7 % 7 %

• Fee-Earning AUM Realizations

  $17,746.85

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 277,502,688 $ 255,840,774 $ 313,255,195 $ 90,997,797 $ 937,596,454 $ 282,060,486 $ 226,219,392 $ 274,120,326 $ 77,669,746 $ 860,069,950 Inflows (a) 6,090,322 15,363,029 17,225,406 4,612,628 43,291,385 7,587,147 7,550,495 23,817,071 2,944,815 41,899,528 Outflows (b) (1,105,766 ) (4,116,572 ) (5,256,355 ) (2,122,321 ) (12,601,014 ) (1,712,885 ) (804,533 ) (5,872,807 ) (1,689,485 ) (10,079,710 ) Net Inflows 4,984,556 11,246,457 11,969,051 2,490,307 30,690,371 5,874,262 6,745,962 17,944,264 1,255,330 31,819,818 Realizations (c) (4,473,568 ) (4,558,846 ) (8,037,385 ) (677,049 ) (17,746,848 ) (5,405,545 ) (3,288,907 ) (7,006,088 ) (782,279 ) (16,482,819 ) Market Activity (d)(i) (593,256 ) 5,289,475 1,053,833 5,302,625 11,052,677 3,297,473 2,483,762 3,872,734 2,053,287 11,707,256 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (82,268 ) $ 11,977,086 $ 4,985,499 $ 7,115,883 $ 23,996,200 $ 3,766,190 $ 5,940,817 $ 14,810,910 $ 2,526,338 $ 27,044,255 Increase (Decrease) 0 % 5 % 2 % 8 % 3 % 1 % 3 % 5 % 3 % 3 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 279,427,148 $ 240,959,058 $ 315,640,583 $ 85,647,665 $ 921,674,454 $ 278,914,938 $ 212,182,896 $ 264,617,560 $ 74,993,209 $ 830,708,603 Inflows (a) 11,488,305 34,710,962 31,937,151 9,311,602 87,448,020 13,559,679 22,902,066 44,220,903 5,375,389 86,058,037 Outflows (b) (2,853,179 ) (8,806,792 ) (13,185,260 ) (3,603,794 ) (28,449,025 ) (4,309,189 ) (2,473,791 ) (10,802,441 ) (2,725,809 ) (20,311,230 ) Net Inflows 8,635,126 25,904,170 18,751,891 5,707,808 58,998,995 9,250,490 20,428,275 33,418,462 2,649,580 65,746,807 Realizations (c) (9,712,277 ) (9,387,367 ) (17,226,285 ) (1,289,669 ) (37,615,598 ) (9,222,193 ) (6,103,494 ) (14,857,276 ) (1,475,344 ) (31,658,307 ) Market Activity (d)(j) (929,577 ) 10,341,999 1,074,505 8,047,876 18,534,803 6,883,441 5,652,532 5,752,490 4,028,639 22,317,102 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (2,006,728 ) $ 26,858,802 $ 2,600,111 $ 12,466,015 $ 39,918,200 $ 6,911,738 $ 19,977,313 $ 24,313,676 $ 5,202,875 $ 56,405,602 Increase (Decrease) -1 % 11 % 1 % 15 % 4 % 2 % 9 % 9 % 7 % 7 % Annualized Base Management Fee Rate (f) 0.91 % 1.05 % 0.64 % 0.66 % 0.83 % 0.95 % 1.06 % 0.66 % 0.65 % 0.86 %

• Multi-Asset Investing Capital Deployed

  $1,112

  § Inflows were $68.3 billion in the quarter, bringing LTM inflows to $262.5 billion. § Deployed $34.2 billion in the quarter and $138.5 billion over the LTM. – Committed an additional $17.1 billion that was not yet deployed in the quarter. § Realizations were $31.8 billion in the quarter and $144.5 billion over the LTM. Inflows Capital Deployed Realizations ($ in millions) 2Q’26 2Q’26 LTM 2Q’26 2Q’26 LTM 2Q’26 2Q’26 LTM Real Estate $ 8,193 $ 27,098 $ 5,815 $ 21,891 $ 6,615 $ 29,650 Opportunistic 1,319 2,355 2,542 7,777 2,715 10,792 Core+ 4,733 13,498 772 3,100 2,018 8,320 Debt Strategies 2,140 11,245 2,501 11,013 1,882 10,538 Private Equity 24,520 76,006 14,515 47,404 11,023 45,682 Corporate Private Equity 15,182 34,852 8,579 26,986 5,834 24,255 Tactical Opportunities 891 3,864 1,264 2,899 1,150 6,387 Secondaries 5,662 23,983 3,263 12,919 2,614 11,523 Infrastructure 2,785 13,307 1,410 4,601 1,425 3,518 Credit & Insurance 31,012 142,998 12,733 65,365 13,495 65,720 Multi-Asset Investing 4,576 16,412 1,112 3,797 710 3,412 Total Blackstone $ 68,300 $ 262,515 $ 34,175 $ 138,457 $ 31,843 $ 144,464 Corporate Private Equity also includes Life Sciences, Growth, BTAS, and BXPE. AUM and related capital metrics are reported in the segment where the assets are managed.

• Multi-Asset Investing Fee-Earning AUM Realizations

  $677.05

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 277,502,688 $ 255,840,774 $ 313,255,195 $ 90,997,797 $ 937,596,454 $ 282,060,486 $ 226,219,392 $ 274,120,326 $ 77,669,746 $ 860,069,950 Inflows (a) 6,090,322 15,363,029 17,225,406 4,612,628 43,291,385 7,587,147 7,550,495 23,817,071 2,944,815 41,899,528 Outflows (b) (1,105,766 ) (4,116,572 ) (5,256,355 ) (2,122,321 ) (12,601,014 ) (1,712,885 ) (804,533 ) (5,872,807 ) (1,689,485 ) (10,079,710 ) Net Inflows 4,984,556 11,246,457 11,969,051 2,490,307 30,690,371 5,874,262 6,745,962 17,944,264 1,255,330 31,819,818 Realizations (c) (4,473,568 ) (4,558,846 ) (8,037,385 ) (677,049 ) (17,746,848 ) (5,405,545 ) (3,288,907 ) (7,006,088 ) (782,279 ) (16,482,819 ) Market Activity (d)(i) (593,256 ) 5,289,475 1,053,833 5,302,625 11,052,677 3,297,473 2,483,762 3,872,734 2,053,287 11,707,256 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (82,268 ) $ 11,977,086 $ 4,985,499 $ 7,115,883 $ 23,996,200 $ 3,766,190 $ 5,940,817 $ 14,810,910 $ 2,526,338 $ 27,044,255 Increase (Decrease) 0 % 5 % 2 % 8 % 3 % 1 % 3 % 5 % 3 % 3 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 279,427,148 $ 240,959,058 $ 315,640,583 $ 85,647,665 $ 921,674,454 $ 278,914,938 $ 212,182,896 $ 264,617,560 $ 74,993,209 $ 830,708,603 Inflows (a) 11,488,305 34,710,962 31,937,151 9,311,602 87,448,020 13,559,679 22,902,066 44,220,903 5,375,389 86,058,037 Outflows (b) (2,853,179 ) (8,806,792 ) (13,185,260 ) (3,603,794 ) (28,449,025 ) (4,309,189 ) (2,473,791 ) (10,802,441 ) (2,725,809 ) (20,311,230 ) Net Inflows 8,635,126 25,904,170 18,751,891 5,707,808 58,998,995 9,250,490 20,428,275 33,418,462 2,649,580 65,746,807 Realizations (c) (9,712,277 ) (9,387,367 ) (17,226,285 ) (1,289,669 ) (37,615,598 ) (9,222,193 ) (6,103,494 ) (14,857,276 ) (1,475,344 ) (31,658,307 ) Market Activity (d)(j) (929,577 ) 10,341,999 1,074,505 8,047,876 18,534,803 6,883,441 5,652,532 5,752,490 4,028,639 22,317,102 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (2,006,728 ) $ 26,858,802 $ 2,600,111 $ 12,466,015 $ 39,918,200 $ 6,911,738 $ 19,977,313 $ 24,313,676 $ 5,202,875 $ 56,405,602 Increase (Decrease) -1 % 11 % 1 % 15 % 4 % 2 % 9 % 9 % 7 % 7 % Annualized Base Management Fee Rate (f) 0.91 % 1.05 % 0.64 % 0.66 % 0.83 % 0.95 % 1.06 % 0.66 % 0.65 % 0.86 %

• Multi-Asset Investing Realizations

  $710.04

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 315,284,316 $ 429,909,808 $ 457,462,151 $ 101,361,359 $ 1,304,017,634 $ 319,988,734 $ 370,989,871 $ 388,720,401 $ 87,762,904 $ 1,167,461,910 Inflows (a) 8,192,794 24,519,793 31,011,510 4,575,944 68,300,041 7,222,446 15,323,222 26,818,000 2,713,566 52,077,234 Outflows (b) (2,156,644 ) (1,457,761 ) (7,626,498 ) (2,297,780 ) (13,538,683 ) (1,883,281 ) (1,804,870 ) (5,287,139 ) (1,796,301 ) (10,771,591 ) Net Inflows 6,036,150 23,062,032 23,385,012 2,278,164 54,761,358 5,339,165 13,518,352 21,530,861 917,265 41,305,643 Realizations (c) (6,615,294 ) (11,023,147 ) (13,494,781 ) (710,043 ) (31,843,265 ) (5,249,171 ) (7,316,081 ) (9,962,065 ) (825,058 ) (23,352,375 ) Market Activity (d)(g) (555,375 ) 12,203,627 1,965,058 5,714,798 19,328,108 4,915,997 11,715,100 7,006,975 2,154,091 25,792,163 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (1,134,519 ) $ 24,242,512 $ 11,855,289 $ 7,282,919 $ 42,246,201 $ 5,005,991 $ 17,917,371 $ 18,575,771 $ 2,246,298 $ 43,745,431 Increase (Decrease) 0 % 6 % 3 % 7 % 3 % 2 % 5 % 5 % 3 % 4 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 319,342,875 $ 416,423,156 $ 442,951,606 $ 96,213,597 $ 1,274,931,234 $ 315,353,132 $ 352,168,635 $ 375,507,818 $ 84,150,411 $ 1,127,179,996 Inflows (a) 14,969,507 44,872,883 68,030,495 8,968,475 136,841,360 13,398,076 37,007,746 57,167,112 6,138,984 113,711,918 Outflows (b) (5,001,796 ) (3,606,942 ) (16,976,185 ) (3,836,412 ) (29,421,335 ) (4,559,583 ) (5,242,894 ) (11,913,342 ) (2,919,861 ) (24,635,680 ) Net Inflows 9,967,711 41,265,941 51,054,310 5,132,063 107,420,025 8,838,493 31,764,852 45,253,770 3,219,123 89,076,238 Realizations (c) (13,654,328 ) (25,587,151 ) (27,161,677 ) (1,348,420 ) (67,751,576 ) (9,555,186 ) (13,783,306 ) (23,849,608 ) (1,649,886 ) (48,837,986 ) Market Activity (d)(h) (1,506,461 ) 22,050,374 2,473,201 8,647,038 31,664,152 10,358,286 18,757,061 10,384,192 4,289,554 43,789,093 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (5,193,078 ) $ 37,729,164 $ 26,365,834 $ 12,430,681 $ 71,332,601 $ 9,641,593 $ 36,738,607 $ 31,788,354 $ 5,858,791 $ 84,027,345 Increase (Decrease) -2 % 9 % 6 % 13 % 6 % 3 % 10 % 8 % 7 % 7 %

• Private Equity Capital Deployed

  $14,515

  § Inflows were $68.3 billion in the quarter, bringing LTM inflows to $262.5 billion. § Deployed $34.2 billion in the quarter and $138.5 billion over the LTM. – Committed an additional $17.1 billion that was not yet deployed in the quarter. § Realizations were $31.8 billion in the quarter and $144.5 billion over the LTM. Inflows Capital Deployed Realizations ($ in millions) 2Q’26 2Q’26 LTM 2Q’26 2Q’26 LTM 2Q’26 2Q’26 LTM Real Estate $ 8,193 $ 27,098 $ 5,815 $ 21,891 $ 6,615 $ 29,650 Opportunistic 1,319 2,355 2,542 7,777 2,715 10,792 Core+ 4,733 13,498 772 3,100 2,018 8,320 Debt Strategies 2,140 11,245 2,501 11,013 1,882 10,538 Private Equity 24,520 76,006 14,515 47,404 11,023 45,682 Corporate Private Equity 15,182 34,852 8,579 26,986 5,834 24,255 Tactical Opportunities 891 3,864 1,264 2,899 1,150 6,387 Secondaries 5,662 23,983 3,263 12,919 2,614 11,523 Infrastructure 2,785 13,307 1,410 4,601 1,425 3,518 Credit & Insurance 31,012 142,998 12,733 65,365 13,495 65,720 Multi-Asset Investing 4,576 16,412 1,112 3,797 710 3,412 Total Blackstone $ 68,300 $ 262,515 $ 34,175 $ 138,457 $ 31,843 $ 144,464 Corporate Private Equity also includes Life Sciences, Growth, BTAS, and BXPE. AUM and related capital metrics are reported in the segment where the assets are managed.

• Private Equity Fee-Earning AUM Realizations

  $4,558.85

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 277,502,688 $ 255,840,774 $ 313,255,195 $ 90,997,797 $ 937,596,454 $ 282,060,486 $ 226,219,392 $ 274,120,326 $ 77,669,746 $ 860,069,950 Inflows (a) 6,090,322 15,363,029 17,225,406 4,612,628 43,291,385 7,587,147 7,550,495 23,817,071 2,944,815 41,899,528 Outflows (b) (1,105,766 ) (4,116,572 ) (5,256,355 ) (2,122,321 ) (12,601,014 ) (1,712,885 ) (804,533 ) (5,872,807 ) (1,689,485 ) (10,079,710 ) Net Inflows 4,984,556 11,246,457 11,969,051 2,490,307 30,690,371 5,874,262 6,745,962 17,944,264 1,255,330 31,819,818 Realizations (c) (4,473,568 ) (4,558,846 ) (8,037,385 ) (677,049 ) (17,746,848 ) (5,405,545 ) (3,288,907 ) (7,006,088 ) (782,279 ) (16,482,819 ) Market Activity (d)(i) (593,256 ) 5,289,475 1,053,833 5,302,625 11,052,677 3,297,473 2,483,762 3,872,734 2,053,287 11,707,256 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (82,268 ) $ 11,977,086 $ 4,985,499 $ 7,115,883 $ 23,996,200 $ 3,766,190 $ 5,940,817 $ 14,810,910 $ 2,526,338 $ 27,044,255 Increase (Decrease) 0 % 5 % 2 % 8 % 3 % 1 % 3 % 5 % 3 % 3 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 279,427,148 $ 240,959,058 $ 315,640,583 $ 85,647,665 $ 921,674,454 $ 278,914,938 $ 212,182,896 $ 264,617,560 $ 74,993,209 $ 830,708,603 Inflows (a) 11,488,305 34,710,962 31,937,151 9,311,602 87,448,020 13,559,679 22,902,066 44,220,903 5,375,389 86,058,037 Outflows (b) (2,853,179 ) (8,806,792 ) (13,185,260 ) (3,603,794 ) (28,449,025 ) (4,309,189 ) (2,473,791 ) (10,802,441 ) (2,725,809 ) (20,311,230 ) Net Inflows 8,635,126 25,904,170 18,751,891 5,707,808 58,998,995 9,250,490 20,428,275 33,418,462 2,649,580 65,746,807 Realizations (c) (9,712,277 ) (9,387,367 ) (17,226,285 ) (1,289,669 ) (37,615,598 ) (9,222,193 ) (6,103,494 ) (14,857,276 ) (1,475,344 ) (31,658,307 ) Market Activity (d)(j) (929,577 ) 10,341,999 1,074,505 8,047,876 18,534,803 6,883,441 5,652,532 5,752,490 4,028,639 22,317,102 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (2,006,728 ) $ 26,858,802 $ 2,600,111 $ 12,466,015 $ 39,918,200 $ 6,911,738 $ 19,977,313 $ 24,313,676 $ 5,202,875 $ 56,405,602 Increase (Decrease) -1 % 11 % 1 % 15 % 4 % 2 % 9 % 9 % 7 % 7 % Annualized Base Management Fee Rate (f) 0.91 % 1.05 % 0.64 % 0.66 % 0.83 % 0.95 % 1.06 % 0.66 % 0.65 % 0.86 %

• Private Equity Realizations

  $11,023.15

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 315,284,316 $ 429,909,808 $ 457,462,151 $ 101,361,359 $ 1,304,017,634 $ 319,988,734 $ 370,989,871 $ 388,720,401 $ 87,762,904 $ 1,167,461,910 Inflows (a) 8,192,794 24,519,793 31,011,510 4,575,944 68,300,041 7,222,446 15,323,222 26,818,000 2,713,566 52,077,234 Outflows (b) (2,156,644 ) (1,457,761 ) (7,626,498 ) (2,297,780 ) (13,538,683 ) (1,883,281 ) (1,804,870 ) (5,287,139 ) (1,796,301 ) (10,771,591 ) Net Inflows 6,036,150 23,062,032 23,385,012 2,278,164 54,761,358 5,339,165 13,518,352 21,530,861 917,265 41,305,643 Realizations (c) (6,615,294 ) (11,023,147 ) (13,494,781 ) (710,043 ) (31,843,265 ) (5,249,171 ) (7,316,081 ) (9,962,065 ) (825,058 ) (23,352,375 ) Market Activity (d)(g) (555,375 ) 12,203,627 1,965,058 5,714,798 19,328,108 4,915,997 11,715,100 7,006,975 2,154,091 25,792,163 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (1,134,519 ) $ 24,242,512 $ 11,855,289 $ 7,282,919 $ 42,246,201 $ 5,005,991 $ 17,917,371 $ 18,575,771 $ 2,246,298 $ 43,745,431 Increase (Decrease) 0 % 6 % 3 % 7 % 3 % 2 % 5 % 5 % 3 % 4 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 319,342,875 $ 416,423,156 $ 442,951,606 $ 96,213,597 $ 1,274,931,234 $ 315,353,132 $ 352,168,635 $ 375,507,818 $ 84,150,411 $ 1,127,179,996 Inflows (a) 14,969,507 44,872,883 68,030,495 8,968,475 136,841,360 13,398,076 37,007,746 57,167,112 6,138,984 113,711,918 Outflows (b) (5,001,796 ) (3,606,942 ) (16,976,185 ) (3,836,412 ) (29,421,335 ) (4,559,583 ) (5,242,894 ) (11,913,342 ) (2,919,861 ) (24,635,680 ) Net Inflows 9,967,711 41,265,941 51,054,310 5,132,063 107,420,025 8,838,493 31,764,852 45,253,770 3,219,123 89,076,238 Realizations (c) (13,654,328 ) (25,587,151 ) (27,161,677 ) (1,348,420 ) (67,751,576 ) (9,555,186 ) (13,783,306 ) (23,849,608 ) (1,649,886 ) (48,837,986 ) Market Activity (d)(h) (1,506,461 ) 22,050,374 2,473,201 8,647,038 31,664,152 10,358,286 18,757,061 10,384,192 4,289,554 43,789,093 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (5,193,078 ) $ 37,729,164 $ 26,365,834 $ 12,430,681 $ 71,332,601 $ 9,641,593 $ 36,738,607 $ 31,788,354 $ 5,858,791 $ 84,027,345 Increase (Decrease) -2 % 9 % 6 % 13 % 6 % 3 % 10 % 8 % 7 % 7 %

• Real Estate Capital Deployed

  $5,815

  § Inflows were $68.3 billion in the quarter, bringing LTM inflows to $262.5 billion. § Deployed $34.2 billion in the quarter and $138.5 billion over the LTM. – Committed an additional $17.1 billion that was not yet deployed in the quarter. § Realizations were $31.8 billion in the quarter and $144.5 billion over the LTM. Inflows Capital Deployed Realizations ($ in millions) 2Q’26 2Q’26 LTM 2Q’26 2Q’26 LTM 2Q’26 2Q’26 LTM Real Estate $ 8,193 $ 27,098 $ 5,815 $ 21,891 $ 6,615 $ 29,650 Opportunistic 1,319 2,355 2,542 7,777 2,715 10,792 Core+ 4,733 13,498 772 3,100 2,018 8,320 Debt Strategies 2,140 11,245 2,501 11,013 1,882 10,538 Private Equity 24,520 76,006 14,515 47,404 11,023 45,682 Corporate Private Equity 15,182 34,852 8,579 26,986 5,834 24,255 Tactical Opportunities 891 3,864 1,264 2,899 1,150 6,387 Secondaries 5,662 23,983 3,263 12,919 2,614 11,523 Infrastructure 2,785 13,307 1,410 4,601 1,425 3,518 Credit & Insurance 31,012 142,998 12,733 65,365 13,495 65,720 Multi-Asset Investing 4,576 16,412 1,112 3,797 710 3,412 Total Blackstone $ 68,300 $ 262,515 $ 34,175 $ 138,457 $ 31,843 $ 144,464 Corporate Private Equity also includes Life Sciences, Growth, BTAS, and BXPE. AUM and related capital metrics are reported in the segment where the assets are managed.

• Real Estate Fee-Earning AUM Realizations

  $4,473.57

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 277,502,688 $ 255,840,774 $ 313,255,195 $ 90,997,797 $ 937,596,454 $ 282,060,486 $ 226,219,392 $ 274,120,326 $ 77,669,746 $ 860,069,950 Inflows (a) 6,090,322 15,363,029 17,225,406 4,612,628 43,291,385 7,587,147 7,550,495 23,817,071 2,944,815 41,899,528 Outflows (b) (1,105,766 ) (4,116,572 ) (5,256,355 ) (2,122,321 ) (12,601,014 ) (1,712,885 ) (804,533 ) (5,872,807 ) (1,689,485 ) (10,079,710 ) Net Inflows 4,984,556 11,246,457 11,969,051 2,490,307 30,690,371 5,874,262 6,745,962 17,944,264 1,255,330 31,819,818 Realizations (c) (4,473,568 ) (4,558,846 ) (8,037,385 ) (677,049 ) (17,746,848 ) (5,405,545 ) (3,288,907 ) (7,006,088 ) (782,279 ) (16,482,819 ) Market Activity (d)(i) (593,256 ) 5,289,475 1,053,833 5,302,625 11,052,677 3,297,473 2,483,762 3,872,734 2,053,287 11,707,256 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (82,268 ) $ 11,977,086 $ 4,985,499 $ 7,115,883 $ 23,996,200 $ 3,766,190 $ 5,940,817 $ 14,810,910 $ 2,526,338 $ 27,044,255 Increase (Decrease) 0 % 5 % 2 % 8 % 3 % 1 % 3 % 5 % 3 % 3 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 279,427,148 $ 240,959,058 $ 315,640,583 $ 85,647,665 $ 921,674,454 $ 278,914,938 $ 212,182,896 $ 264,617,560 $ 74,993,209 $ 830,708,603 Inflows (a) 11,488,305 34,710,962 31,937,151 9,311,602 87,448,020 13,559,679 22,902,066 44,220,903 5,375,389 86,058,037 Outflows (b) (2,853,179 ) (8,806,792 ) (13,185,260 ) (3,603,794 ) (28,449,025 ) (4,309,189 ) (2,473,791 ) (10,802,441 ) (2,725,809 ) (20,311,230 ) Net Inflows 8,635,126 25,904,170 18,751,891 5,707,808 58,998,995 9,250,490 20,428,275 33,418,462 2,649,580 65,746,807 Realizations (c) (9,712,277 ) (9,387,367 ) (17,226,285 ) (1,289,669 ) (37,615,598 ) (9,222,193 ) (6,103,494 ) (14,857,276 ) (1,475,344 ) (31,658,307 ) Market Activity (d)(j) (929,577 ) 10,341,999 1,074,505 8,047,876 18,534,803 6,883,441 5,652,532 5,752,490 4,028,639 22,317,102 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (2,006,728 ) $ 26,858,802 $ 2,600,111 $ 12,466,015 $ 39,918,200 $ 6,911,738 $ 19,977,313 $ 24,313,676 $ 5,202,875 $ 56,405,602 Increase (Decrease) -1 % 11 % 1 % 15 % 4 % 2 % 9 % 9 % 7 % 7 % Annualized Base Management Fee Rate (f) 0.91 % 1.05 % 0.64 % 0.66 % 0.83 % 0.95 % 1.06 % 0.66 % 0.65 % 0.86 %

• Real Estate Realizations

  $6,615.29

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 315,284,316 $ 429,909,808 $ 457,462,151 $ 101,361,359 $ 1,304,017,634 $ 319,988,734 $ 370,989,871 $ 388,720,401 $ 87,762,904 $ 1,167,461,910 Inflows (a) 8,192,794 24,519,793 31,011,510 4,575,944 68,300,041 7,222,446 15,323,222 26,818,000 2,713,566 52,077,234 Outflows (b) (2,156,644 ) (1,457,761 ) (7,626,498 ) (2,297,780 ) (13,538,683 ) (1,883,281 ) (1,804,870 ) (5,287,139 ) (1,796,301 ) (10,771,591 ) Net Inflows 6,036,150 23,062,032 23,385,012 2,278,164 54,761,358 5,339,165 13,518,352 21,530,861 917,265 41,305,643 Realizations (c) (6,615,294 ) (11,023,147 ) (13,494,781 ) (710,043 ) (31,843,265 ) (5,249,171 ) (7,316,081 ) (9,962,065 ) (825,058 ) (23,352,375 ) Market Activity (d)(g) (555,375 ) 12,203,627 1,965,058 5,714,798 19,328,108 4,915,997 11,715,100 7,006,975 2,154,091 25,792,163 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (1,134,519 ) $ 24,242,512 $ 11,855,289 $ 7,282,919 $ 42,246,201 $ 5,005,991 $ 17,917,371 $ 18,575,771 $ 2,246,298 $ 43,745,431 Increase (Decrease) 0 % 6 % 3 % 7 % 3 % 2 % 5 % 5 % 3 % 4 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 319,342,875 $ 416,423,156 $ 442,951,606 $ 96,213,597 $ 1,274,931,234 $ 315,353,132 $ 352,168,635 $ 375,507,818 $ 84,150,411 $ 1,127,179,996 Inflows (a) 14,969,507 44,872,883 68,030,495 8,968,475 136,841,360 13,398,076 37,007,746 57,167,112 6,138,984 113,711,918 Outflows (b) (5,001,796 ) (3,606,942 ) (16,976,185 ) (3,836,412 ) (29,421,335 ) (4,559,583 ) (5,242,894 ) (11,913,342 ) (2,919,861 ) (24,635,680 ) Net Inflows 9,967,711 41,265,941 51,054,310 5,132,063 107,420,025 8,838,493 31,764,852 45,253,770 3,219,123 89,076,238 Realizations (c) (13,654,328 ) (25,587,151 ) (27,161,677 ) (1,348,420 ) (67,751,576 ) (9,555,186 ) (13,783,306 ) (23,849,608 ) (1,649,886 ) (48,837,986 ) Market Activity (d)(h) (1,506,461 ) 22,050,374 2,473,201 8,647,038 31,664,152 10,358,286 18,757,061 10,384,192 4,289,554 43,789,093 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (5,193,078 ) $ 37,729,164 $ 26,365,834 $ 12,430,681 $ 71,332,601 $ 9,641,593 $ 36,738,607 $ 31,788,354 $ 5,858,791 $ 84,027,345 Increase (Decrease) -2 % 9 % 6 % 13 % 6 % 3 % 10 % 8 % 7 % 7 %

• Realizations

  $31,843.27

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 315,284,316 $ 429,909,808 $ 457,462,151 $ 101,361,359 $ 1,304,017,634 $ 319,988,734 $ 370,989,871 $ 388,720,401 $ 87,762,904 $ 1,167,461,910 Inflows (a) 8,192,794 24,519,793 31,011,510 4,575,944 68,300,041 7,222,446 15,323,222 26,818,000 2,713,566 52,077,234 Outflows (b) (2,156,644 ) (1,457,761 ) (7,626,498 ) (2,297,780 ) (13,538,683 ) (1,883,281 ) (1,804,870 ) (5,287,139 ) (1,796,301 ) (10,771,591 ) Net Inflows 6,036,150 23,062,032 23,385,012 2,278,164 54,761,358 5,339,165 13,518,352 21,530,861 917,265 41,305,643 Realizations (c) (6,615,294 ) (11,023,147 ) (13,494,781 ) (710,043 ) (31,843,265 ) (5,249,171 ) (7,316,081 ) (9,962,065 ) (825,058 ) (23,352,375 ) Market Activity (d)(g) (555,375 ) 12,203,627 1,965,058 5,714,798 19,328,108 4,915,997 11,715,100 7,006,975 2,154,091 25,792,163 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (1,134,519 ) $ 24,242,512 $ 11,855,289 $ 7,282,919 $ 42,246,201 $ 5,005,991 $ 17,917,371 $ 18,575,771 $ 2,246,298 $ 43,745,431 Increase (Decrease) 0 % 6 % 3 % 7 % 3 % 2 % 5 % 5 % 3 % 4 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 319,342,875 $ 416,423,156 $ 442,951,606 $ 96,213,597 $ 1,274,931,234 $ 315,353,132 $ 352,168,635 $ 375,507,818 $ 84,150,411 $ 1,127,179,996 Inflows (a) 14,969,507 44,872,883 68,030,495 8,968,475 136,841,360 13,398,076 37,007,746 57,167,112 6,138,984 113,711,918 Outflows (b) (5,001,796 ) (3,606,942 ) (16,976,185 ) (3,836,412 ) (29,421,335 ) (4,559,583 ) (5,242,894 ) (11,913,342 ) (2,919,861 ) (24,635,680 ) Net Inflows 9,967,711 41,265,941 51,054,310 5,132,063 107,420,025 8,838,493 31,764,852 45,253,770 3,219,123 89,076,238 Realizations (c) (13,654,328 ) (25,587,151 ) (27,161,677 ) (1,348,420 ) (67,751,576 ) (9,555,186 ) (13,783,306 ) (23,849,608 ) (1,649,886 ) (48,837,986 ) Market Activity (d)(h) (1,506,461 ) 22,050,374 2,473,201 8,647,038 31,664,152 10,358,286 18,757,061 10,384,192 4,289,554 43,789,093 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (5,193,078 ) $ 37,729,164 $ 26,365,834 $ 12,430,681 $ 71,332,601 $ 9,641,593 $ 36,738,607 $ 31,788,354 $ 5,858,791 $ 84,027,345 Increase (Decrease) -2 % 9 % 6 % 13 % 6 % 3 % 10 % 8 % 7 % 7 %

• Total Dry Powder

  $228.1

  § Total AUM increased to $1,346.3 billion, up 11% year-over-year, with $68.3 billion of inflows in the quarter and $262.5 billion over the LTM. § Fee-Earning AUM of $961.6 billion was up 8% year-over-year, with $43.3 billion of inflows in the quarter and $168.4 billion over the LTM. § Perpetual Capital AUM reached $555.6 billion, up 15% year-over-year. – Fee-Earning Perpetual Capital AUM increased to $463.0 billion, representing 48% of Fee-Earning AUM. Multi-Asset Investing had $186 million and $724 million of Perpetual Capital AUM as of 2Q’25 and 2Q’26, respectively. Blackstone | 6 ADDITIONAL CAPITAL DETAIL § Invested Performance Eligible AUM reached $653.4 billion at quarter end, up 8% year-over-year. § Total Dry Powder of $228.1 billion available for future investments. Invested Performance Eligible AUM represents the fair value of invested assets that are eligible to earn performance revenues.

• Absolute Return Composite Consecutive Positive-Performance Quarters

  25

  In particular, the Absolute Return Composite had its twenty-fifth consecutive quarter of positive performance, including across our equities, quantitative, macro and credit strategies. Continued strong performance in the segment has and is contributing to favorable fundraising dynamics, including its best single month of fundraising with $4.8 billion of inflows subsequent to quarter end.

• Absolute Return Composite Gross Return

  6.0%

  The following table presents the return information of the Absolute Return Composite: Three Months Ended June 30, Six Months Ended June 30, Average Annual Returns (a) Periods Ended June 30, 2026 2026 2025 2026 2025 One Year Three Year Five Year Historical Composite Gross Net Gross Net Gross Net Gross Net Gross Net Gross Net Gross Net Gross Net Absolute Return Composite (b) 6% 5% 3% 3% 8% 7% 5% 5% 15% 14% 13% 12% 10% 9% 8% 7% The returns presented herein represent those of the applicable Blackstone Funds and not those of Blackstone. (a) Composite returns present a summarized asset-weighted return measure to evaluate the overall performance of the applicable class of Blackstone Funds. (b) Absolute Return Composite covers the period from January 2000 to present, although BXMA’s inception date is September 1990. The Absolute Return Composite includes only BXMA-managed commingled and customized multi-manager funds and accounts and does not include BXMA’s liquid solutions, seeding, Multi-Strategy, Total Portfolio Management and Public Real Assets (non-discretionary) platforms, except for investments by Absolute Return funds directly into those platforms. BXMA-managed funds in liquidation and, in the case of net returns, non-fee-paying assets are also excluded. The funds/accounts that comprise the Absolute Return Composite are not managed within a single fund or account and are managed with different mandates. There is no guarantee that BXMA would have made the same mix of investments in a stand-alone fund/account. The Absolute Return Composite is not an investible product and, as such, the performance of the Absolute Return Composite does not represent the performance of an actual fund or account. The historical return is from January 1, 2000.

• Absolute Return Composite Net Return

  5.0%

  The following table presents the return information of the Absolute Return Composite: Three Months Ended June 30, Six Months Ended June 30, Average Annual Returns (a) Periods Ended June 30, 2026 2026 2025 2026 2025 One Year Three Year Five Year Historical Composite Gross Net Gross Net Gross Net Gross Net Gross Net Gross Net Gross Net Gross Net Absolute Return Composite (b) 6% 5% 3% 3% 8% 7% 5% 5% 15% 14% 13% 12% 10% 9% 8% 7% The returns presented herein represent those of the applicable Blackstone Funds and not those of Blackstone. (a) Composite returns present a summarized asset-weighted return measure to evaluate the overall performance of the applicable class of Blackstone Funds. (b) Absolute Return Composite covers the period from January 2000 to present, although BXMA’s inception date is September 1990. The Absolute Return Composite includes only BXMA-managed commingled and customized multi-manager funds and accounts and does not include BXMA’s liquid solutions, seeding, Multi-Strategy, Total Portfolio Management and Public Real Assets (non-discretionary) platforms, except for investments by Absolute Return funds directly into those platforms. BXMA-managed funds in liquidation and, in the case of net returns, non-fee-paying assets are also excluded. The funds/accounts that comprise the Absolute Return Composite are not managed within a single fund or account and are managed with different mandates. There is no guarantee that BXMA would have made the same mix of investments in a stand-alone fund/account. The Absolute Return Composite is not an investible product and, as such, the performance of the Absolute Return Composite does not represent the performance of an actual fund or account. The historical return is from January 1, 2000.

• Corporate Private Equity Fund Appreciation

  3.7%

  Investment Performance (appreciation / gross returns) 2Q’26 2Q’26 LTM Real Estate Opportunistic 0.4% (1.4)% Core+ 0.2% 3.2% Private Equity Corporate Private Equity 3.7% 14.4% Tactical Opportunities 3.9% 9.9% Secondaries 1.7% 8.1% Infrastructure 7.2% 28.6% Credit & Insurance Private Credit 1.0% 6.8% Liquid Credit 2.2% 3.9% Multi-Asset Investing Absolute Return Composite 5.8% 15.5% Net Accrued Performance Revenues ($ in millions) Investment Performance represents fund appreciation for Real Estate and Private Equity and gross returns for Credit & Insurance and Multi-Asset Investing. Secondaries appreciation excludes GP Stakes. Private Credit net returns were 0.4% and 3.9% for 2Q’26 and 2Q’26 LTM, respectively. Liquid Credit net returns were 2.1% and 3.4% for 2Q’26 and 2Q’26 LTM, respectively. Absolute Return Composite net returns were 5.4% and 14.1% for 2Q’26 and 2Q’26 LTM, respectively. See notes on page 34 for additional details on these strategies and our investment performance.

• Infrastructure Fund Appreciation

  7.2%

  Investment Performance (appreciation / gross returns) 2Q’26 2Q’26 LTM Real Estate Opportunistic 0.4% (1.4)% Core+ 0.2% 3.2% Private Equity Corporate Private Equity 3.7% 14.4% Tactical Opportunities 3.9% 9.9% Secondaries 1.7% 8.1% Infrastructure 7.2% 28.6% Credit & Insurance Private Credit 1.0% 6.8% Liquid Credit 2.2% 3.9% Multi-Asset Investing Absolute Return Composite 5.8% 15.5% Net Accrued Performance Revenues ($ in millions) Investment Performance represents fund appreciation for Real Estate and Private Equity and gross returns for Credit & Insurance and Multi-Asset Investing. Secondaries appreciation excludes GP Stakes. Private Credit net returns were 0.4% and 3.9% for 2Q’26 and 2Q’26 LTM, respectively. Liquid Credit net returns were 2.1% and 3.4% for 2Q’26 and 2Q’26 LTM, respectively. Absolute Return Composite net returns were 5.4% and 14.1% for 2Q’26 and 2Q’26 LTM, respectively. See notes on page 34 for additional details on these strategies and our investment performance.

• Liquid Credit Gross Return

  2.0%

  The following table presents the return information for the Private Credit and Liquid Credit composites: $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, Six Months Ended June 30, June 30, 2026 Inception to Date 2026 2025 2026 2025 Composite (a) Gross Net Gross Net Gross Net Gross Net Gross Net Private Credit (b) 1% 0% 3% 2% 2% 0% 6% 4% 14% 9% Liquid Credit (b) 2% 2% 2% 2% 1% 1% 3% 3% 5% 5% The returns presented herein represent those of the applicable Blackstone Funds and not those of Blackstone. (a) Net returns are based on the change in carrying value (realized and unrealized) after management fees, expenses and Performance Allocations, net of tax advances. (b) Private Credit returns include the Flagship commingled funds across the opportunistic lending, global middle market direct lending funds (including BXSL, BCRED, and ECRED strategies), stressed/distressed strategies, and non-investment grade infrastructure and asset based credit. Separately managed accounts, funds with a limited number of limited partners that are not broadly marketed, inactive investment strategies, unlevered 118 Table of Contents funds within a strategy that has designated levered and unlevered sleeves, and Multi-Asset Credit strategies are excluded. Liquid Credit returns include CLOs, closed-ended funds, open-ended funds and separately managed accounts. Only fee-earning funds exceeding $100 million of fair value at the beginning of each respective quarter-end are included. Funds in liquidation and funds investing primarily in investment grade corporate credit or asset based finance are excluded. Blackstone Funds that were contributed to BXCI as part of Blackstone’s acquisition of GSO in March 2008 and the pre-acquisition date performance for funds and vehicles acquired by BXCI subsequent to March 2008, are also excluded.

• Liquid Credit Net Return

  2.0%

  The following table presents the return information for the Private Credit and Liquid Credit composites: $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, Six Months Ended June 30, June 30, 2026 Inception to Date 2026 2025 2026 2025 Composite (a) Gross Net Gross Net Gross Net Gross Net Gross Net Private Credit (b) 1% 0% 3% 2% 2% 0% 6% 4% 14% 9% Liquid Credit (b) 2% 2% 2% 2% 1% 1% 3% 3% 5% 5% The returns presented herein represent those of the applicable Blackstone Funds and not those of Blackstone. (a) Net returns are based on the change in carrying value (realized and unrealized) after management fees, expenses and Performance Allocations, net of tax advances. (b) Private Credit returns include the Flagship commingled funds across the opportunistic lending, global middle market direct lending funds (including BXSL, BCRED, and ECRED strategies), stressed/distressed strategies, and non-investment grade infrastructure and asset based credit. Separately managed accounts, funds with a limited number of limited partners that are not broadly marketed, inactive investment strategies, unlevered 118 Table of Contents funds within a strategy that has designated levered and unlevered sleeves, and Multi-Asset Credit strategies are excluded. Liquid Credit returns include CLOs, closed-ended funds, open-ended funds and separately managed accounts. Only fee-earning funds exceeding $100 million of fair value at the beginning of each respective quarter-end are included. Funds in liquidation and funds investing primarily in investment grade corporate credit or asset based finance are excluded. Blackstone Funds that were contributed to BXCI as part of Blackstone’s acquisition of GSO in March 2008 and the pre-acquisition date performance for funds and vehicles acquired by BXCI subsequent to March 2008, are also excluded.

• Private Credit Gross Return

  1.0%

  The following table presents the return information for the Private Credit and Liquid Credit composites: $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, Six Months Ended June 30, June 30, 2026 Inception to Date 2026 2025 2026 2025 Composite (a) Gross Net Gross Net Gross Net Gross Net Gross Net Private Credit (b) 1% 0% 3% 2% 2% 0% 6% 4% 14% 9% Liquid Credit (b) 2% 2% 2% 2% 1% 1% 3% 3% 5% 5% The returns presented herein represent those of the applicable Blackstone Funds and not those of Blackstone. (a) Net returns are based on the change in carrying value (realized and unrealized) after management fees, expenses and Performance Allocations, net of tax advances. (b) Private Credit returns include the Flagship commingled funds across the opportunistic lending, global middle market direct lending funds (including BXSL, BCRED, and ECRED strategies), stressed/distressed strategies, and non-investment grade infrastructure and asset based credit. Separately managed accounts, funds with a limited number of limited partners that are not broadly marketed, inactive investment strategies, unlevered 118 Table of Contents funds within a strategy that has designated levered and unlevered sleeves, and Multi-Asset Credit strategies are excluded. Liquid Credit returns include CLOs, closed-ended funds, open-ended funds and separately managed accounts. Only fee-earning funds exceeding $100 million of fair value at the beginning of each respective quarter-end are included. Funds in liquidation and funds investing primarily in investment grade corporate credit or asset based finance are excluded. Blackstone Funds that were contributed to BXCI as part of Blackstone’s acquisition of GSO in March 2008 and the pre-acquisition date performance for funds and vehicles acquired by BXCI subsequent to March 2008, are also excluded.

• Private Credit Net Return

  0.0%

  The following table presents the return information for the Private Credit and Liquid Credit composites: $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, Six Months Ended June 30, June 30, 2026 Inception to Date 2026 2025 2026 2025 Composite (a) Gross Net Gross Net Gross Net Gross Net Gross Net Private Credit (b) 1% 0% 3% 2% 2% 0% 6% 4% 14% 9% Liquid Credit (b) 2% 2% 2% 2% 1% 1% 3% 3% 5% 5% The returns presented herein represent those of the applicable Blackstone Funds and not those of Blackstone. (a) Net returns are based on the change in carrying value (realized and unrealized) after management fees, expenses and Performance Allocations, net of tax advances. (b) Private Credit returns include the Flagship commingled funds across the opportunistic lending, global middle market direct lending funds (including BXSL, BCRED, and ECRED strategies), stressed/distressed strategies, and non-investment grade infrastructure and asset based credit. Separately managed accounts, funds with a limited number of limited partners that are not broadly marketed, inactive investment strategies, unlevered 118 Table of Contents funds within a strategy that has designated levered and unlevered sleeves, and Multi-Asset Credit strategies are excluded. Liquid Credit returns include CLOs, closed-ended funds, open-ended funds and separately managed accounts. Only fee-earning funds exceeding $100 million of fair value at the beginning of each respective quarter-end are included. Funds in liquidation and funds investing primarily in investment grade corporate credit or asset based finance are excluded. Blackstone Funds that were contributed to BXCI as part of Blackstone’s acquisition of GSO in March 2008 and the pre-acquisition date performance for funds and vehicles acquired by BXCI subsequent to March 2008, are also excluded.

• Real Estate Core+ Fund Appreciation

  0.2%

  Investment Performance (appreciation / gross returns) 2Q’26 2Q’26 LTM Real Estate Opportunistic 0.4% (1.4)% Core+ 0.2% 3.2% Private Equity Corporate Private Equity 3.7% 14.4% Tactical Opportunities 3.9% 9.9% Secondaries 1.7% 8.1% Infrastructure 7.2% 28.6% Credit & Insurance Private Credit 1.0% 6.8% Liquid Credit 2.2% 3.9% Multi-Asset Investing Absolute Return Composite 5.8% 15.5% Net Accrued Performance Revenues ($ in millions) Investment Performance represents fund appreciation for Real Estate and Private Equity and gross returns for Credit & Insurance and Multi-Asset Investing. Secondaries appreciation excludes GP Stakes. Private Credit net returns were 0.4% and 3.9% for 2Q’26 and 2Q’26 LTM, respectively. Liquid Credit net returns were 2.1% and 3.4% for 2Q’26 and 2Q’26 LTM, respectively. Absolute Return Composite net returns were 5.4% and 14.1% for 2Q’26 and 2Q’26 LTM, respectively. See notes on page 34 for additional details on these strategies and our investment performance.

• Real Estate Opportunistic Fund Appreciation

  0.4%

  Investment Performance (appreciation / gross returns) 2Q’26 2Q’26 LTM Real Estate Opportunistic 0.4% (1.4)% Core+ 0.2% 3.2% Private Equity Corporate Private Equity 3.7% 14.4% Tactical Opportunities 3.9% 9.9% Secondaries 1.7% 8.1% Infrastructure 7.2% 28.6% Credit & Insurance Private Credit 1.0% 6.8% Liquid Credit 2.2% 3.9% Multi-Asset Investing Absolute Return Composite 5.8% 15.5% Net Accrued Performance Revenues ($ in millions) Investment Performance represents fund appreciation for Real Estate and Private Equity and gross returns for Credit & Insurance and Multi-Asset Investing. Secondaries appreciation excludes GP Stakes. Private Credit net returns were 0.4% and 3.9% for 2Q’26 and 2Q’26 LTM, respectively. Liquid Credit net returns were 2.1% and 3.4% for 2Q’26 and 2Q’26 LTM, respectively. Absolute Return Composite net returns were 5.4% and 14.1% for 2Q’26 and 2Q’26 LTM, respectively. See notes on page 34 for additional details on these strategies and our investment performance.

• Secondaries Fund Appreciation

  1.7%

  Investment Performance (appreciation / gross returns) 2Q’26 2Q’26 LTM Real Estate Opportunistic 0.4% (1.4)% Core+ 0.2% 3.2% Private Equity Corporate Private Equity 3.7% 14.4% Tactical Opportunities 3.9% 9.9% Secondaries 1.7% 8.1% Infrastructure 7.2% 28.6% Credit & Insurance Private Credit 1.0% 6.8% Liquid Credit 2.2% 3.9% Multi-Asset Investing Absolute Return Composite 5.8% 15.5% Net Accrued Performance Revenues ($ in millions) Investment Performance represents fund appreciation for Real Estate and Private Equity and gross returns for Credit & Insurance and Multi-Asset Investing. Secondaries appreciation excludes GP Stakes. Private Credit net returns were 0.4% and 3.9% for 2Q’26 and 2Q’26 LTM, respectively. Liquid Credit net returns were 2.1% and 3.4% for 2Q’26 and 2Q’26 LTM, respectively. Absolute Return Composite net returns were 5.4% and 14.1% for 2Q’26 and 2Q’26 LTM, respectively. See notes on page 34 for additional details on these strategies and our investment performance.

• Tactical Opportunities Fund Appreciation

  3.9%

  Investment Performance (appreciation / gross returns) 2Q’26 2Q’26 LTM Real Estate Opportunistic 0.4% (1.4)% Core+ 0.2% 3.2% Private Equity Corporate Private Equity 3.7% 14.4% Tactical Opportunities 3.9% 9.9% Secondaries 1.7% 8.1% Infrastructure 7.2% 28.6% Credit & Insurance Private Credit 1.0% 6.8% Liquid Credit 2.2% 3.9% Multi-Asset Investing Absolute Return Composite 5.8% 15.5% Net Accrued Performance Revenues ($ in millions) Investment Performance represents fund appreciation for Real Estate and Private Equity and gross returns for Credit & Insurance and Multi-Asset Investing. Secondaries appreciation excludes GP Stakes. Private Credit net returns were 0.4% and 3.9% for 2Q’26 and 2Q’26 LTM, respectively. Liquid Credit net returns were 2.1% and 3.4% for 2Q’26 and 2Q’26 LTM, respectively. Absolute Return Composite net returns were 5.4% and 14.1% for 2Q’26 and 2Q’26 LTM, respectively. See notes on page 34 for additional details on these strategies and our investment performance.

• Credit & Insurance Fee-Earning AUM

  $318,240.69

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 277,502,688 $ 255,840,774 $ 313,255,195 $ 90,997,797 $ 937,596,454 $ 282,060,486 $ 226,219,392 $ 274,120,326 $ 77,669,746 $ 860,069,950 Inflows (a) 6,090,322 15,363,029 17,225,406 4,612,628 43,291,385 7,587,147 7,550,495 23,817,071 2,944,815 41,899,528 Outflows (b) (1,105,766 ) (4,116,572 ) (5,256,355 ) (2,122,321 ) (12,601,014 ) (1,712,885 ) (804,533 ) (5,872,807 ) (1,689,485 ) (10,079,710 ) Net Inflows 4,984,556 11,246,457 11,969,051 2,490,307 30,690,371 5,874,262 6,745,962 17,944,264 1,255,330 31,819,818 Realizations (c) (4,473,568 ) (4,558,846 ) (8,037,385 ) (677,049 ) (17,746,848 ) (5,405,545 ) (3,288,907 ) (7,006,088 ) (782,279 ) (16,482,819 ) Market Activity (d)(i) (593,256 ) 5,289,475 1,053,833 5,302,625 11,052,677 3,297,473 2,483,762 3,872,734 2,053,287 11,707,256 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (82,268 ) $ 11,977,086 $ 4,985,499 $ 7,115,883 $ 23,996,200 $ 3,766,190 $ 5,940,817 $ 14,810,910 $ 2,526,338 $ 27,044,255 Increase (Decrease) 0 % 5 % 2 % 8 % 3 % 1 % 3 % 5 % 3 % 3 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 279,427,148 $ 240,959,058 $ 315,640,583 $ 85,647,665 $ 921,674,454 $ 278,914,938 $ 212,182,896 $ 264,617,560 $ 74,993,209 $ 830,708,603 Inflows (a) 11,488,305 34,710,962 31,937,151 9,311,602 87,448,020 13,559,679 22,902,066 44,220,903 5,375,389 86,058,037 Outflows (b) (2,853,179 ) (8,806,792 ) (13,185,260 ) (3,603,794 ) (28,449,025 ) (4,309,189 ) (2,473,791 ) (10,802,441 ) (2,725,809 ) (20,311,230 ) Net Inflows 8,635,126 25,904,170 18,751,891 5,707,808 58,998,995 9,250,490 20,428,275 33,418,462 2,649,580 65,746,807 Realizations (c) (9,712,277 ) (9,387,367 ) (17,226,285 ) (1,289,669 ) (37,615,598 ) (9,222,193 ) (6,103,494 ) (14,857,276 ) (1,475,344 ) (31,658,307 ) Market Activity (d)(j) (929,577 ) 10,341,999 1,074,505 8,047,876 18,534,803 6,883,441 5,652,532 5,752,490 4,028,639 22,317,102 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (2,006,728 ) $ 26,858,802 $ 2,600,111 $ 12,466,015 $ 39,918,200 $ 6,911,738 $ 19,977,313 $ 24,313,676 $ 5,202,875 $ 56,405,602 Increase (Decrease) -1 % 11 % 1 % 15 % 4 % 2 % 9 % 9 % 7 % 7 % Annualized Base Management Fee Rate (f) 0.91 % 1.05 % 0.64 % 0.66 % 0.83 % 0.95 % 1.06 % 0.66 % 0.65 % 0.86 %

• Credit & Insurance Invested Performance Eligible AUM

  $121,054.19

  Operating Metrics The following table presents information regarding our Invested Performance Eligible Assets Under Management: $ $ $ $ Invested Performance Eligible Assets Under Management Estimated % Above High Water Mark/ Hurdle (a) As of June 30, As of June 30, 2026 2025 2026 2025 (Dollars in Thousands) Credit & Insurance (b) $ 121,054,193 $ 115,155,531 99% 99% (a) Estimated % Above High Water Mark/Hurdle represents the percentage of Invested Performance Eligible Assets Under Management that as of the dates presented would earn performance fees when the applicable Credit & Insurance managed fund has positive investment performance relative to a hurdle, where applicable. Incremental positive performance in the applicable Blackstone Funds may cause additional assets to reach their respective High Water Mark or clear a hurdle return, thereby resulting in an increase in Estimated % Above High Water Mark/Hurdle. (b) For the Credit & Insurance managed funds, at June 30, 2026, the incremental appreciation needed for the 1% of Invested Performance Eligible Assets Under Management below their respective High Water Marks/Hurdles to reach their respective High Water Marks/Hurdles was $2.6 billion, an increase of $213.9 million, compared to $2.4 billion at June 30, 2025. Of the Invested Performance Eligible Assets Under Management below their respective High Water Marks/Hurdles as of June 30, 2026, 36% were within 5% of reaching their respective High Water Mark.

• Credit & Insurance Total AUM

  $469,317.44

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 315,284,316 $ 429,909,808 $ 457,462,151 $ 101,361,359 $ 1,304,017,634 $ 319,988,734 $ 370,989,871 $ 388,720,401 $ 87,762,904 $ 1,167,461,910 Inflows (a) 8,192,794 24,519,793 31,011,510 4,575,944 68,300,041 7,222,446 15,323,222 26,818,000 2,713,566 52,077,234 Outflows (b) (2,156,644 ) (1,457,761 ) (7,626,498 ) (2,297,780 ) (13,538,683 ) (1,883,281 ) (1,804,870 ) (5,287,139 ) (1,796,301 ) (10,771,591 ) Net Inflows 6,036,150 23,062,032 23,385,012 2,278,164 54,761,358 5,339,165 13,518,352 21,530,861 917,265 41,305,643 Realizations (c) (6,615,294 ) (11,023,147 ) (13,494,781 ) (710,043 ) (31,843,265 ) (5,249,171 ) (7,316,081 ) (9,962,065 ) (825,058 ) (23,352,375 ) Market Activity (d)(g) (555,375 ) 12,203,627 1,965,058 5,714,798 19,328,108 4,915,997 11,715,100 7,006,975 2,154,091 25,792,163 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (1,134,519 ) $ 24,242,512 $ 11,855,289 $ 7,282,919 $ 42,246,201 $ 5,005,991 $ 17,917,371 $ 18,575,771 $ 2,246,298 $ 43,745,431 Increase (Decrease) 0 % 6 % 3 % 7 % 3 % 2 % 5 % 5 % 3 % 4 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 319,342,875 $ 416,423,156 $ 442,951,606 $ 96,213,597 $ 1,274,931,234 $ 315,353,132 $ 352,168,635 $ 375,507,818 $ 84,150,411 $ 1,127,179,996 Inflows (a) 14,969,507 44,872,883 68,030,495 8,968,475 136,841,360 13,398,076 37,007,746 57,167,112 6,138,984 113,711,918 Outflows (b) (5,001,796 ) (3,606,942 ) (16,976,185 ) (3,836,412 ) (29,421,335 ) (4,559,583 ) (5,242,894 ) (11,913,342 ) (2,919,861 ) (24,635,680 ) Net Inflows 9,967,711 41,265,941 51,054,310 5,132,063 107,420,025 8,838,493 31,764,852 45,253,770 3,219,123 89,076,238 Realizations (c) (13,654,328 ) (25,587,151 ) (27,161,677 ) (1,348,420 ) (67,751,576 ) (9,555,186 ) (13,783,306 ) (23,849,608 ) (1,649,886 ) (48,837,986 ) Market Activity (d)(h) (1,506,461 ) 22,050,374 2,473,201 8,647,038 31,664,152 10,358,286 18,757,061 10,384,192 4,289,554 43,789,093 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (5,193,078 ) $ 37,729,164 $ 26,365,834 $ 12,430,681 $ 71,332,601 $ 9,641,593 $ 36,738,607 $ 31,788,354 $ 5,858,791 $ 84,027,345 Increase (Decrease) -2 % 9 % 6 % 13 % 6 % 3 % 10 % 8 % 7 % 7 %

• Fee-Earning Assets Under Management

  $961,592.65

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 277,502,688 $ 255,840,774 $ 313,255,195 $ 90,997,797 $ 937,596,454 $ 282,060,486 $ 226,219,392 $ 274,120,326 $ 77,669,746 $ 860,069,950 Inflows (a) 6,090,322 15,363,029 17,225,406 4,612,628 43,291,385 7,587,147 7,550,495 23,817,071 2,944,815 41,899,528 Outflows (b) (1,105,766 ) (4,116,572 ) (5,256,355 ) (2,122,321 ) (12,601,014 ) (1,712,885 ) (804,533 ) (5,872,807 ) (1,689,485 ) (10,079,710 ) Net Inflows 4,984,556 11,246,457 11,969,051 2,490,307 30,690,371 5,874,262 6,745,962 17,944,264 1,255,330 31,819,818 Realizations (c) (4,473,568 ) (4,558,846 ) (8,037,385 ) (677,049 ) (17,746,848 ) (5,405,545 ) (3,288,907 ) (7,006,088 ) (782,279 ) (16,482,819 ) Market Activity (d)(i) (593,256 ) 5,289,475 1,053,833 5,302,625 11,052,677 3,297,473 2,483,762 3,872,734 2,053,287 11,707,256 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (82,268 ) $ 11,977,086 $ 4,985,499 $ 7,115,883 $ 23,996,200 $ 3,766,190 $ 5,940,817 $ 14,810,910 $ 2,526,338 $ 27,044,255 Increase (Decrease) 0 % 5 % 2 % 8 % 3 % 1 % 3 % 5 % 3 % 3 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 279,427,148 $ 240,959,058 $ 315,640,583 $ 85,647,665 $ 921,674,454 $ 278,914,938 $ 212,182,896 $ 264,617,560 $ 74,993,209 $ 830,708,603 Inflows (a) 11,488,305 34,710,962 31,937,151 9,311,602 87,448,020 13,559,679 22,902,066 44,220,903 5,375,389 86,058,037 Outflows (b) (2,853,179 ) (8,806,792 ) (13,185,260 ) (3,603,794 ) (28,449,025 ) (4,309,189 ) (2,473,791 ) (10,802,441 ) (2,725,809 ) (20,311,230 ) Net Inflows 8,635,126 25,904,170 18,751,891 5,707,808 58,998,995 9,250,490 20,428,275 33,418,462 2,649,580 65,746,807 Realizations (c) (9,712,277 ) (9,387,367 ) (17,226,285 ) (1,289,669 ) (37,615,598 ) (9,222,193 ) (6,103,494 ) (14,857,276 ) (1,475,344 ) (31,658,307 ) Market Activity (d)(j) (929,577 ) 10,341,999 1,074,505 8,047,876 18,534,803 6,883,441 5,652,532 5,752,490 4,028,639 22,317,102 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (2,006,728 ) $ 26,858,802 $ 2,600,111 $ 12,466,015 $ 39,918,200 $ 6,911,738 $ 19,977,313 $ 24,313,676 $ 5,202,875 $ 56,405,602 Increase (Decrease) -1 % 11 % 1 % 15 % 4 % 2 % 9 % 9 % 7 % 7 % Annualized Base Management Fee Rate (f) 0.91 % 1.05 % 0.64 % 0.66 % 0.83 % 0.95 % 1.06 % 0.66 % 0.65 % 0.86 %

• Fee-Earning Perpetual Capital AUM

  $463

  § Total AUM increased to $1,346.3 billion, up 11% year-over-year, with $68.3 billion of inflows in the quarter and $262.5 billion over the LTM. § Fee-Earning AUM of $961.6 billion was up 8% year-over-year, with $43.3 billion of inflows in the quarter and $168.4 billion over the LTM. § Perpetual Capital AUM reached $555.6 billion, up 15% year-over-year. – Fee-Earning Perpetual Capital AUM increased to $463.0 billion, representing 48% of Fee-Earning AUM. Multi-Asset Investing had $186 million and $724 million of Perpetual Capital AUM as of 2Q’25 and 2Q’26, respectively. Blackstone | 6 ADDITIONAL CAPITAL DETAIL § Invested Performance Eligible AUM reached $653.4 billion at quarter end, up 8% year-over-year. § Total Dry Powder of $228.1 billion available for future investments. Invested Performance Eligible AUM represents the fair value of invested assets that are eligible to earn performance revenues.

• Invested Performance Eligible AUM

  $653.4

  § Total AUM increased to $1,346.3 billion, up 11% year-over-year, with $68.3 billion of inflows in the quarter and $262.5 billion over the LTM. § Fee-Earning AUM of $961.6 billion was up 8% year-over-year, with $43.3 billion of inflows in the quarter and $168.4 billion over the LTM. § Perpetual Capital AUM reached $555.6 billion, up 15% year-over-year. – Fee-Earning Perpetual Capital AUM increased to $463.0 billion, representing 48% of Fee-Earning AUM. Multi-Asset Investing had $186 million and $724 million of Perpetual Capital AUM as of 2Q’25 and 2Q’26, respectively. Blackstone | 6 ADDITIONAL CAPITAL DETAIL § Invested Performance Eligible AUM reached $653.4 billion at quarter end, up 8% year-over-year. § Total Dry Powder of $228.1 billion available for future investments. Invested Performance Eligible AUM represents the fair value of invested assets that are eligible to earn performance revenues.

• Multi-Asset Investing Fee-Earning AUM

  $98,113.68

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 277,502,688 $ 255,840,774 $ 313,255,195 $ 90,997,797 $ 937,596,454 $ 282,060,486 $ 226,219,392 $ 274,120,326 $ 77,669,746 $ 860,069,950 Inflows (a) 6,090,322 15,363,029 17,225,406 4,612,628 43,291,385 7,587,147 7,550,495 23,817,071 2,944,815 41,899,528 Outflows (b) (1,105,766 ) (4,116,572 ) (5,256,355 ) (2,122,321 ) (12,601,014 ) (1,712,885 ) (804,533 ) (5,872,807 ) (1,689,485 ) (10,079,710 ) Net Inflows 4,984,556 11,246,457 11,969,051 2,490,307 30,690,371 5,874,262 6,745,962 17,944,264 1,255,330 31,819,818 Realizations (c) (4,473,568 ) (4,558,846 ) (8,037,385 ) (677,049 ) (17,746,848 ) (5,405,545 ) (3,288,907 ) (7,006,088 ) (782,279 ) (16,482,819 ) Market Activity (d)(i) (593,256 ) 5,289,475 1,053,833 5,302,625 11,052,677 3,297,473 2,483,762 3,872,734 2,053,287 11,707,256 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (82,268 ) $ 11,977,086 $ 4,985,499 $ 7,115,883 $ 23,996,200 $ 3,766,190 $ 5,940,817 $ 14,810,910 $ 2,526,338 $ 27,044,255 Increase (Decrease) 0 % 5 % 2 % 8 % 3 % 1 % 3 % 5 % 3 % 3 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 279,427,148 $ 240,959,058 $ 315,640,583 $ 85,647,665 $ 921,674,454 $ 278,914,938 $ 212,182,896 $ 264,617,560 $ 74,993,209 $ 830,708,603 Inflows (a) 11,488,305 34,710,962 31,937,151 9,311,602 87,448,020 13,559,679 22,902,066 44,220,903 5,375,389 86,058,037 Outflows (b) (2,853,179 ) (8,806,792 ) (13,185,260 ) (3,603,794 ) (28,449,025 ) (4,309,189 ) (2,473,791 ) (10,802,441 ) (2,725,809 ) (20,311,230 ) Net Inflows 8,635,126 25,904,170 18,751,891 5,707,808 58,998,995 9,250,490 20,428,275 33,418,462 2,649,580 65,746,807 Realizations (c) (9,712,277 ) (9,387,367 ) (17,226,285 ) (1,289,669 ) (37,615,598 ) (9,222,193 ) (6,103,494 ) (14,857,276 ) (1,475,344 ) (31,658,307 ) Market Activity (d)(j) (929,577 ) 10,341,999 1,074,505 8,047,876 18,534,803 6,883,441 5,652,532 5,752,490 4,028,639 22,317,102 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (2,006,728 ) $ 26,858,802 $ 2,600,111 $ 12,466,015 $ 39,918,200 $ 6,911,738 $ 19,977,313 $ 24,313,676 $ 5,202,875 $ 56,405,602 Increase (Decrease) -1 % 11 % 1 % 15 % 4 % 2 % 9 % 9 % 7 % 7 % Annualized Base Management Fee Rate (f) 0.91 % 1.05 % 0.64 % 0.66 % 0.83 % 0.95 % 1.06 % 0.66 % 0.65 % 0.86 %

• Multi-Asset Investing Invested Performance Eligible AUM

  $64,017.67

  Operating Metrics The following table presents information regarding our Invested Performance Eligible Assets Under Management: $ $ $ $ Invested Performance Eligible Assets Under Management Estimated % Above High Water Mark/ Benchmark (a) As of June 30, As of June 30, 2026 2025 2026 2025 (Dollars in Thousands) Multi-Asset Investing Managed Funds (b) $ 64,017,666 $ 52,523,386 100% 97% (a) Estimated % Above High Water Mark/Benchmark represents the percentage of Invested Performance Eligible Assets Under Management that as of the dates presented would earn performance fees when the applicable Multi-Asset Investing managed fund has positive investment performance relative to a benchmark, where applicable. Incremental positive performance in the applicable Blackstone Funds may cause additional assets to reach their respective High Water Mark or clear a benchmark return, thereby resulting in an increase in Estimated % Above High Water Mark/Benchmark. (b) For the Multi-Asset Investing managed funds, at June 30, 2026, the incremental appreciation needed for the less than 1% of Invested Performance Eligible Assets Under Management below their respective High Water Marks/Benchmarks to reach their respective High Water Marks/Benchmarks was $67.6 million, a decrease of $104.7 million, compared to $172.3 million at June 30, 2025. Of the Invested Performance Eligible Assets Under Management below their respective High Water Marks/Benchmarks as of June 30, 2026, 48% were within 5% of reaching their respective High Water Mark.

• Multi-Asset Investing Perpetual Capital AUM

  $724.3

  Perpetual Capital The following presents our Perpetual Capital Total Assets Under Management as of quarter end for each period: Note: Totals may not add due to rounding. (a) Perpetual Capital Total Assets Under Management for the Multi-Asset Investing segment was $582.2 million, $658.8 million and $724.3 million as of December 31, 2025, March 31, 2026 and June 30, 2026, respectively. Perpetual Capital Total Assets Under Management was $555.6 billion as of June 30, 2026, an increase of $15.9 billion, compared to $539.7 billion as of March 31, 2026. Perpetual Capital Total Assets Under Management in our Private Equity and Credit & Insurance segments increased $11.4 billion and $4.1 billion, respectively. Perpetual Capital Total Assets Under Management was $555.6 billion as of June 30, 2026, an increase of $31.9 billion, compared to $523.6 billion as of December 31, 2025. Perpetual Capital Total Assets Under Management in our Private Equity and Credit & Insurance segments increased $21.0 billion and $9.4 billion, respectively.

• Multi-Asset Investing Total AUM

  $108,644.28

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 315,284,316 $ 429,909,808 $ 457,462,151 $ 101,361,359 $ 1,304,017,634 $ 319,988,734 $ 370,989,871 $ 388,720,401 $ 87,762,904 $ 1,167,461,910 Inflows (a) 8,192,794 24,519,793 31,011,510 4,575,944 68,300,041 7,222,446 15,323,222 26,818,000 2,713,566 52,077,234 Outflows (b) (2,156,644 ) (1,457,761 ) (7,626,498 ) (2,297,780 ) (13,538,683 ) (1,883,281 ) (1,804,870 ) (5,287,139 ) (1,796,301 ) (10,771,591 ) Net Inflows 6,036,150 23,062,032 23,385,012 2,278,164 54,761,358 5,339,165 13,518,352 21,530,861 917,265 41,305,643 Realizations (c) (6,615,294 ) (11,023,147 ) (13,494,781 ) (710,043 ) (31,843,265 ) (5,249,171 ) (7,316,081 ) (9,962,065 ) (825,058 ) (23,352,375 ) Market Activity (d)(g) (555,375 ) 12,203,627 1,965,058 5,714,798 19,328,108 4,915,997 11,715,100 7,006,975 2,154,091 25,792,163 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (1,134,519 ) $ 24,242,512 $ 11,855,289 $ 7,282,919 $ 42,246,201 $ 5,005,991 $ 17,917,371 $ 18,575,771 $ 2,246,298 $ 43,745,431 Increase (Decrease) 0 % 6 % 3 % 7 % 3 % 2 % 5 % 5 % 3 % 4 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 319,342,875 $ 416,423,156 $ 442,951,606 $ 96,213,597 $ 1,274,931,234 $ 315,353,132 $ 352,168,635 $ 375,507,818 $ 84,150,411 $ 1,127,179,996 Inflows (a) 14,969,507 44,872,883 68,030,495 8,968,475 136,841,360 13,398,076 37,007,746 57,167,112 6,138,984 113,711,918 Outflows (b) (5,001,796 ) (3,606,942 ) (16,976,185 ) (3,836,412 ) (29,421,335 ) (4,559,583 ) (5,242,894 ) (11,913,342 ) (2,919,861 ) (24,635,680 ) Net Inflows 9,967,711 41,265,941 51,054,310 5,132,063 107,420,025 8,838,493 31,764,852 45,253,770 3,219,123 89,076,238 Realizations (c) (13,654,328 ) (25,587,151 ) (27,161,677 ) (1,348,420 ) (67,751,576 ) (9,555,186 ) (13,783,306 ) (23,849,608 ) (1,649,886 ) (48,837,986 ) Market Activity (d)(h) (1,506,461 ) 22,050,374 2,473,201 8,647,038 31,664,152 10,358,286 18,757,061 10,384,192 4,289,554 43,789,093 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (5,193,078 ) $ 37,729,164 $ 26,365,834 $ 12,430,681 $ 71,332,601 $ 9,641,593 $ 36,738,607 $ 31,788,354 $ 5,858,791 $ 84,027,345 Increase (Decrease) -2 % 9 % 6 % 13 % 6 % 3 % 10 % 8 % 7 % 7 %

• Perpetual Capital AUM

  $555.6

  Perpetual Capital The following presents our Perpetual Capital Total Assets Under Management as of quarter end for each period: Note: Totals may not add due to rounding. (a) Perpetual Capital Total Assets Under Management for the Multi-Asset Investing segment was $582.2 million, $658.8 million and $724.3 million as of December 31, 2025, March 31, 2026 and June 30, 2026, respectively. Perpetual Capital Total Assets Under Management was $555.6 billion as of June 30, 2026, an increase of $15.9 billion, compared to $539.7 billion as of March 31, 2026. Perpetual Capital Total Assets Under Management in our Private Equity and Credit & Insurance segments increased $11.4 billion and $4.1 billion, respectively. Perpetual Capital Total Assets Under Management was $555.6 billion as of June 30, 2026, an increase of $31.9 billion, compared to $523.6 billion as of December 31, 2025. Perpetual Capital Total Assets Under Management in our Private Equity and Credit & Insurance segments increased $21.0 billion and $9.4 billion, respectively.

• Private Equity Fee-Earning AUM

  $267,817.86

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 277,502,688 $ 255,840,774 $ 313,255,195 $ 90,997,797 $ 937,596,454 $ 282,060,486 $ 226,219,392 $ 274,120,326 $ 77,669,746 $ 860,069,950 Inflows (a) 6,090,322 15,363,029 17,225,406 4,612,628 43,291,385 7,587,147 7,550,495 23,817,071 2,944,815 41,899,528 Outflows (b) (1,105,766 ) (4,116,572 ) (5,256,355 ) (2,122,321 ) (12,601,014 ) (1,712,885 ) (804,533 ) (5,872,807 ) (1,689,485 ) (10,079,710 ) Net Inflows 4,984,556 11,246,457 11,969,051 2,490,307 30,690,371 5,874,262 6,745,962 17,944,264 1,255,330 31,819,818 Realizations (c) (4,473,568 ) (4,558,846 ) (8,037,385 ) (677,049 ) (17,746,848 ) (5,405,545 ) (3,288,907 ) (7,006,088 ) (782,279 ) (16,482,819 ) Market Activity (d)(i) (593,256 ) 5,289,475 1,053,833 5,302,625 11,052,677 3,297,473 2,483,762 3,872,734 2,053,287 11,707,256 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (82,268 ) $ 11,977,086 $ 4,985,499 $ 7,115,883 $ 23,996,200 $ 3,766,190 $ 5,940,817 $ 14,810,910 $ 2,526,338 $ 27,044,255 Increase (Decrease) 0 % 5 % 2 % 8 % 3 % 1 % 3 % 5 % 3 % 3 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 279,427,148 $ 240,959,058 $ 315,640,583 $ 85,647,665 $ 921,674,454 $ 278,914,938 $ 212,182,896 $ 264,617,560 $ 74,993,209 $ 830,708,603 Inflows (a) 11,488,305 34,710,962 31,937,151 9,311,602 87,448,020 13,559,679 22,902,066 44,220,903 5,375,389 86,058,037 Outflows (b) (2,853,179 ) (8,806,792 ) (13,185,260 ) (3,603,794 ) (28,449,025 ) (4,309,189 ) (2,473,791 ) (10,802,441 ) (2,725,809 ) (20,311,230 ) Net Inflows 8,635,126 25,904,170 18,751,891 5,707,808 58,998,995 9,250,490 20,428,275 33,418,462 2,649,580 65,746,807 Realizations (c) (9,712,277 ) (9,387,367 ) (17,226,285 ) (1,289,669 ) (37,615,598 ) (9,222,193 ) (6,103,494 ) (14,857,276 ) (1,475,344 ) (31,658,307 ) Market Activity (d)(j) (929,577 ) 10,341,999 1,074,505 8,047,876 18,534,803 6,883,441 5,652,532 5,752,490 4,028,639 22,317,102 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (2,006,728 ) $ 26,858,802 $ 2,600,111 $ 12,466,015 $ 39,918,200 $ 6,911,738 $ 19,977,313 $ 24,313,676 $ 5,202,875 $ 56,405,602 Increase (Decrease) -1 % 11 % 1 % 15 % 4 % 2 % 9 % 9 % 7 % 7 % Annualized Base Management Fee Rate (f) 0.91 % 1.05 % 0.64 % 0.66 % 0.83 % 0.95 % 1.06 % 0.66 % 0.65 % 0.86 %

• Private Equity Total AUM

  $454,152.32

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 315,284,316 $ 429,909,808 $ 457,462,151 $ 101,361,359 $ 1,304,017,634 $ 319,988,734 $ 370,989,871 $ 388,720,401 $ 87,762,904 $ 1,167,461,910 Inflows (a) 8,192,794 24,519,793 31,011,510 4,575,944 68,300,041 7,222,446 15,323,222 26,818,000 2,713,566 52,077,234 Outflows (b) (2,156,644 ) (1,457,761 ) (7,626,498 ) (2,297,780 ) (13,538,683 ) (1,883,281 ) (1,804,870 ) (5,287,139 ) (1,796,301 ) (10,771,591 ) Net Inflows 6,036,150 23,062,032 23,385,012 2,278,164 54,761,358 5,339,165 13,518,352 21,530,861 917,265 41,305,643 Realizations (c) (6,615,294 ) (11,023,147 ) (13,494,781 ) (710,043 ) (31,843,265 ) (5,249,171 ) (7,316,081 ) (9,962,065 ) (825,058 ) (23,352,375 ) Market Activity (d)(g) (555,375 ) 12,203,627 1,965,058 5,714,798 19,328,108 4,915,997 11,715,100 7,006,975 2,154,091 25,792,163 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (1,134,519 ) $ 24,242,512 $ 11,855,289 $ 7,282,919 $ 42,246,201 $ 5,005,991 $ 17,917,371 $ 18,575,771 $ 2,246,298 $ 43,745,431 Increase (Decrease) 0 % 6 % 3 % 7 % 3 % 2 % 5 % 5 % 3 % 4 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 319,342,875 $ 416,423,156 $ 442,951,606 $ 96,213,597 $ 1,274,931,234 $ 315,353,132 $ 352,168,635 $ 375,507,818 $ 84,150,411 $ 1,127,179,996 Inflows (a) 14,969,507 44,872,883 68,030,495 8,968,475 136,841,360 13,398,076 37,007,746 57,167,112 6,138,984 113,711,918 Outflows (b) (5,001,796 ) (3,606,942 ) (16,976,185 ) (3,836,412 ) (29,421,335 ) (4,559,583 ) (5,242,894 ) (11,913,342 ) (2,919,861 ) (24,635,680 ) Net Inflows 9,967,711 41,265,941 51,054,310 5,132,063 107,420,025 8,838,493 31,764,852 45,253,770 3,219,123 89,076,238 Realizations (c) (13,654,328 ) (25,587,151 ) (27,161,677 ) (1,348,420 ) (67,751,576 ) (9,555,186 ) (13,783,306 ) (23,849,608 ) (1,649,886 ) (48,837,986 ) Market Activity (d)(h) (1,506,461 ) 22,050,374 2,473,201 8,647,038 31,664,152 10,358,286 18,757,061 10,384,192 4,289,554 43,789,093 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (5,193,078 ) $ 37,729,164 $ 26,365,834 $ 12,430,681 $ 71,332,601 $ 9,641,593 $ 36,738,607 $ 31,788,354 $ 5,858,791 $ 84,027,345 Increase (Decrease) -2 % 9 % 6 % 13 % 6 % 3 % 10 % 8 % 7 % 7 %

• Real Estate Fee-Earning AUM

  $277,420.42

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 277,502,688 $ 255,840,774 $ 313,255,195 $ 90,997,797 $ 937,596,454 $ 282,060,486 $ 226,219,392 $ 274,120,326 $ 77,669,746 $ 860,069,950 Inflows (a) 6,090,322 15,363,029 17,225,406 4,612,628 43,291,385 7,587,147 7,550,495 23,817,071 2,944,815 41,899,528 Outflows (b) (1,105,766 ) (4,116,572 ) (5,256,355 ) (2,122,321 ) (12,601,014 ) (1,712,885 ) (804,533 ) (5,872,807 ) (1,689,485 ) (10,079,710 ) Net Inflows 4,984,556 11,246,457 11,969,051 2,490,307 30,690,371 5,874,262 6,745,962 17,944,264 1,255,330 31,819,818 Realizations (c) (4,473,568 ) (4,558,846 ) (8,037,385 ) (677,049 ) (17,746,848 ) (5,405,545 ) (3,288,907 ) (7,006,088 ) (782,279 ) (16,482,819 ) Market Activity (d)(i) (593,256 ) 5,289,475 1,053,833 5,302,625 11,052,677 3,297,473 2,483,762 3,872,734 2,053,287 11,707,256 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (82,268 ) $ 11,977,086 $ 4,985,499 $ 7,115,883 $ 23,996,200 $ 3,766,190 $ 5,940,817 $ 14,810,910 $ 2,526,338 $ 27,044,255 Increase (Decrease) 0 % 5 % 2 % 8 % 3 % 1 % 3 % 5 % 3 % 3 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 279,427,148 $ 240,959,058 $ 315,640,583 $ 85,647,665 $ 921,674,454 $ 278,914,938 $ 212,182,896 $ 264,617,560 $ 74,993,209 $ 830,708,603 Inflows (a) 11,488,305 34,710,962 31,937,151 9,311,602 87,448,020 13,559,679 22,902,066 44,220,903 5,375,389 86,058,037 Outflows (b) (2,853,179 ) (8,806,792 ) (13,185,260 ) (3,603,794 ) (28,449,025 ) (4,309,189 ) (2,473,791 ) (10,802,441 ) (2,725,809 ) (20,311,230 ) Net Inflows 8,635,126 25,904,170 18,751,891 5,707,808 58,998,995 9,250,490 20,428,275 33,418,462 2,649,580 65,746,807 Realizations (c) (9,712,277 ) (9,387,367 ) (17,226,285 ) (1,289,669 ) (37,615,598 ) (9,222,193 ) (6,103,494 ) (14,857,276 ) (1,475,344 ) (31,658,307 ) Market Activity (d)(j) (929,577 ) 10,341,999 1,074,505 8,047,876 18,534,803 6,883,441 5,652,532 5,752,490 4,028,639 22,317,102 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (2,006,728 ) $ 26,858,802 $ 2,600,111 $ 12,466,015 $ 39,918,200 $ 6,911,738 $ 19,977,313 $ 24,313,676 $ 5,202,875 $ 56,405,602 Increase (Decrease) -1 % 11 % 1 % 15 % 4 % 2 % 9 % 9 % 7 % 7 % Annualized Base Management Fee Rate (f) 0.91 % 1.05 % 0.64 % 0.66 % 0.83 % 0.95 % 1.06 % 0.66 % 0.65 % 0.86 %

• Real Estate Total AUM

  $314,149.8

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 315,284,316 $ 429,909,808 $ 457,462,151 $ 101,361,359 $ 1,304,017,634 $ 319,988,734 $ 370,989,871 $ 388,720,401 $ 87,762,904 $ 1,167,461,910 Inflows (a) 8,192,794 24,519,793 31,011,510 4,575,944 68,300,041 7,222,446 15,323,222 26,818,000 2,713,566 52,077,234 Outflows (b) (2,156,644 ) (1,457,761 ) (7,626,498 ) (2,297,780 ) (13,538,683 ) (1,883,281 ) (1,804,870 ) (5,287,139 ) (1,796,301 ) (10,771,591 ) Net Inflows 6,036,150 23,062,032 23,385,012 2,278,164 54,761,358 5,339,165 13,518,352 21,530,861 917,265 41,305,643 Realizations (c) (6,615,294 ) (11,023,147 ) (13,494,781 ) (710,043 ) (31,843,265 ) (5,249,171 ) (7,316,081 ) (9,962,065 ) (825,058 ) (23,352,375 ) Market Activity (d)(g) (555,375 ) 12,203,627 1,965,058 5,714,798 19,328,108 4,915,997 11,715,100 7,006,975 2,154,091 25,792,163 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (1,134,519 ) $ 24,242,512 $ 11,855,289 $ 7,282,919 $ 42,246,201 $ 5,005,991 $ 17,917,371 $ 18,575,771 $ 2,246,298 $ 43,745,431 Increase (Decrease) 0 % 6 % 3 % 7 % 3 % 2 % 5 % 5 % 3 % 4 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 319,342,875 $ 416,423,156 $ 442,951,606 $ 96,213,597 $ 1,274,931,234 $ 315,353,132 $ 352,168,635 $ 375,507,818 $ 84,150,411 $ 1,127,179,996 Inflows (a) 14,969,507 44,872,883 68,030,495 8,968,475 136,841,360 13,398,076 37,007,746 57,167,112 6,138,984 113,711,918 Outflows (b) (5,001,796 ) (3,606,942 ) (16,976,185 ) (3,836,412 ) (29,421,335 ) (4,559,583 ) (5,242,894 ) (11,913,342 ) (2,919,861 ) (24,635,680 ) Net Inflows 9,967,711 41,265,941 51,054,310 5,132,063 107,420,025 8,838,493 31,764,852 45,253,770 3,219,123 89,076,238 Realizations (c) (13,654,328 ) (25,587,151 ) (27,161,677 ) (1,348,420 ) (67,751,576 ) (9,555,186 ) (13,783,306 ) (23,849,608 ) (1,649,886 ) (48,837,986 ) Market Activity (d)(h) (1,506,461 ) 22,050,374 2,473,201 8,647,038 31,664,152 10,358,286 18,757,061 10,384,192 4,289,554 43,789,093 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (5,193,078 ) $ 37,729,164 $ 26,365,834 $ 12,430,681 $ 71,332,601 $ 9,641,593 $ 36,738,607 $ 31,788,354 $ 5,858,791 $ 84,027,345 Increase (Decrease) -2 % 9 % 6 % 13 % 6 % 3 % 10 % 8 % 7 % 7 %

• Total Assets Under Management

  $1.3M

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 315,284,316 $ 429,909,808 $ 457,462,151 $ 101,361,359 $ 1,304,017,634 $ 319,988,734 $ 370,989,871 $ 388,720,401 $ 87,762,904 $ 1,167,461,910 Inflows (a) 8,192,794 24,519,793 31,011,510 4,575,944 68,300,041 7,222,446 15,323,222 26,818,000 2,713,566 52,077,234 Outflows (b) (2,156,644 ) (1,457,761 ) (7,626,498 ) (2,297,780 ) (13,538,683 ) (1,883,281 ) (1,804,870 ) (5,287,139 ) (1,796,301 ) (10,771,591 ) Net Inflows 6,036,150 23,062,032 23,385,012 2,278,164 54,761,358 5,339,165 13,518,352 21,530,861 917,265 41,305,643 Realizations (c) (6,615,294 ) (11,023,147 ) (13,494,781 ) (710,043 ) (31,843,265 ) (5,249,171 ) (7,316,081 ) (9,962,065 ) (825,058 ) (23,352,375 ) Market Activity (d)(g) (555,375 ) 12,203,627 1,965,058 5,714,798 19,328,108 4,915,997 11,715,100 7,006,975 2,154,091 25,792,163 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (1,134,519 ) $ 24,242,512 $ 11,855,289 $ 7,282,919 $ 42,246,201 $ 5,005,991 $ 17,917,371 $ 18,575,771 $ 2,246,298 $ 43,745,431 Increase (Decrease) 0 % 6 % 3 % 7 % 3 % 2 % 5 % 5 % 3 % 4 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Total Assets Under Management Balance, Beginning of Period $ 319,342,875 $ 416,423,156 $ 442,951,606 $ 96,213,597 $ 1,274,931,234 $ 315,353,132 $ 352,168,635 $ 375,507,818 $ 84,150,411 $ 1,127,179,996 Inflows (a) 14,969,507 44,872,883 68,030,495 8,968,475 136,841,360 13,398,076 37,007,746 57,167,112 6,138,984 113,711,918 Outflows (b) (5,001,796 ) (3,606,942 ) (16,976,185 ) (3,836,412 ) (29,421,335 ) (4,559,583 ) (5,242,894 ) (11,913,342 ) (2,919,861 ) (24,635,680 ) Net Inflows 9,967,711 41,265,941 51,054,310 5,132,063 107,420,025 8,838,493 31,764,852 45,253,770 3,219,123 89,076,238 Realizations (c) (13,654,328 ) (25,587,151 ) (27,161,677 ) (1,348,420 ) (67,751,576 ) (9,555,186 ) (13,783,306 ) (23,849,608 ) (1,649,886 ) (48,837,986 ) Market Activity (d)(h) (1,506,461 ) 22,050,374 2,473,201 8,647,038 31,664,152 10,358,286 18,757,061 10,384,192 4,289,554 43,789,093 Balance, End of Period (e) $ 314,149,797 $ 454,152,320 $ 469,317,440 $ 108,644,278 $ 1,346,263,835 $ 324,994,725 $ 388,907,242 $ 407,296,172 $ 90,009,202 $ 1,211,207,341 Increase (Decrease) $ (5,193,078 ) $ 37,729,164 $ 26,365,834 $ 12,430,681 $ 71,332,601 $ 9,641,593 $ 36,738,607 $ 31,788,354 $ 5,858,791 $ 84,027,345 Increase (Decrease) -2 % 9 % 6 % 13 % 6 % 3 % 10 % 8 % 7 % 7 %

• Fee-Earning Perpetual Capital AUM Share

  48.0%

  § Total AUM increased to $1,346.3 billion, up 11% year-over-year, with $68.3 billion of inflows in the quarter and $262.5 billion over the LTM. § Fee-Earning AUM of $961.6 billion was up 8% year-over-year, with $43.3 billion of inflows in the quarter and $168.4 billion over the LTM. § Perpetual Capital AUM reached $555.6 billion, up 15% year-over-year. – Fee-Earning Perpetual Capital AUM increased to $463.0 billion, representing 48% of Fee-Earning AUM. Multi-Asset Investing had $186 million and $724 million of Perpetual Capital AUM as of 2Q’25 and 2Q’26, respectively. Blackstone | 6 ADDITIONAL CAPITAL DETAIL § Invested Performance Eligible AUM reached $653.4 billion at quarter end, up 8% year-over-year. § Total Dry Powder of $228.1 billion available for future investments. Invested Performance Eligible AUM represents the fair value of invested assets that are eligible to earn performance revenues.

• Annualized Base Management Fee Rate

  0.8%

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 277,502,688 $ 255,840,774 $ 313,255,195 $ 90,997,797 $ 937,596,454 $ 282,060,486 $ 226,219,392 $ 274,120,326 $ 77,669,746 $ 860,069,950 Inflows (a) 6,090,322 15,363,029 17,225,406 4,612,628 43,291,385 7,587,147 7,550,495 23,817,071 2,944,815 41,899,528 Outflows (b) (1,105,766 ) (4,116,572 ) (5,256,355 ) (2,122,321 ) (12,601,014 ) (1,712,885 ) (804,533 ) (5,872,807 ) (1,689,485 ) (10,079,710 ) Net Inflows 4,984,556 11,246,457 11,969,051 2,490,307 30,690,371 5,874,262 6,745,962 17,944,264 1,255,330 31,819,818 Realizations (c) (4,473,568 ) (4,558,846 ) (8,037,385 ) (677,049 ) (17,746,848 ) (5,405,545 ) (3,288,907 ) (7,006,088 ) (782,279 ) (16,482,819 ) Market Activity (d)(i) (593,256 ) 5,289,475 1,053,833 5,302,625 11,052,677 3,297,473 2,483,762 3,872,734 2,053,287 11,707,256 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (82,268 ) $ 11,977,086 $ 4,985,499 $ 7,115,883 $ 23,996,200 $ 3,766,190 $ 5,940,817 $ 14,810,910 $ 2,526,338 $ 27,044,255 Increase (Decrease) 0 % 5 % 2 % 8 % 3 % 1 % 3 % 5 % 3 % 3 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 279,427,148 $ 240,959,058 $ 315,640,583 $ 85,647,665 $ 921,674,454 $ 278,914,938 $ 212,182,896 $ 264,617,560 $ 74,993,209 $ 830,708,603 Inflows (a) 11,488,305 34,710,962 31,937,151 9,311,602 87,448,020 13,559,679 22,902,066 44,220,903 5,375,389 86,058,037 Outflows (b) (2,853,179 ) (8,806,792 ) (13,185,260 ) (3,603,794 ) (28,449,025 ) (4,309,189 ) (2,473,791 ) (10,802,441 ) (2,725,809 ) (20,311,230 ) Net Inflows 8,635,126 25,904,170 18,751,891 5,707,808 58,998,995 9,250,490 20,428,275 33,418,462 2,649,580 65,746,807 Realizations (c) (9,712,277 ) (9,387,367 ) (17,226,285 ) (1,289,669 ) (37,615,598 ) (9,222,193 ) (6,103,494 ) (14,857,276 ) (1,475,344 ) (31,658,307 ) Market Activity (d)(j) (929,577 ) 10,341,999 1,074,505 8,047,876 18,534,803 6,883,441 5,652,532 5,752,490 4,028,639 22,317,102 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (2,006,728 ) $ 26,858,802 $ 2,600,111 $ 12,466,015 $ 39,918,200 $ 6,911,738 $ 19,977,313 $ 24,313,676 $ 5,202,875 $ 56,405,602 Increase (Decrease) -1 % 11 % 1 % 15 % 4 % 2 % 9 % 9 % 7 % 7 % Annualized Base Management Fee Rate (f) 0.91 % 1.05 % 0.64 % 0.66 % 0.83 % 0.95 % 1.06 % 0.66 % 0.65 % 0.86 %

• Credit & Insurance Annualized Base Management Fee Rate

  0.6%

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 277,502,688 $ 255,840,774 $ 313,255,195 $ 90,997,797 $ 937,596,454 $ 282,060,486 $ 226,219,392 $ 274,120,326 $ 77,669,746 $ 860,069,950 Inflows (a) 6,090,322 15,363,029 17,225,406 4,612,628 43,291,385 7,587,147 7,550,495 23,817,071 2,944,815 41,899,528 Outflows (b) (1,105,766 ) (4,116,572 ) (5,256,355 ) (2,122,321 ) (12,601,014 ) (1,712,885 ) (804,533 ) (5,872,807 ) (1,689,485 ) (10,079,710 ) Net Inflows 4,984,556 11,246,457 11,969,051 2,490,307 30,690,371 5,874,262 6,745,962 17,944,264 1,255,330 31,819,818 Realizations (c) (4,473,568 ) (4,558,846 ) (8,037,385 ) (677,049 ) (17,746,848 ) (5,405,545 ) (3,288,907 ) (7,006,088 ) (782,279 ) (16,482,819 ) Market Activity (d)(i) (593,256 ) 5,289,475 1,053,833 5,302,625 11,052,677 3,297,473 2,483,762 3,872,734 2,053,287 11,707,256 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (82,268 ) $ 11,977,086 $ 4,985,499 $ 7,115,883 $ 23,996,200 $ 3,766,190 $ 5,940,817 $ 14,810,910 $ 2,526,338 $ 27,044,255 Increase (Decrease) 0 % 5 % 2 % 8 % 3 % 1 % 3 % 5 % 3 % 3 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 279,427,148 $ 240,959,058 $ 315,640,583 $ 85,647,665 $ 921,674,454 $ 278,914,938 $ 212,182,896 $ 264,617,560 $ 74,993,209 $ 830,708,603 Inflows (a) 11,488,305 34,710,962 31,937,151 9,311,602 87,448,020 13,559,679 22,902,066 44,220,903 5,375,389 86,058,037 Outflows (b) (2,853,179 ) (8,806,792 ) (13,185,260 ) (3,603,794 ) (28,449,025 ) (4,309,189 ) (2,473,791 ) (10,802,441 ) (2,725,809 ) (20,311,230 ) Net Inflows 8,635,126 25,904,170 18,751,891 5,707,808 58,998,995 9,250,490 20,428,275 33,418,462 2,649,580 65,746,807 Realizations (c) (9,712,277 ) (9,387,367 ) (17,226,285 ) (1,289,669 ) (37,615,598 ) (9,222,193 ) (6,103,494 ) (14,857,276 ) (1,475,344 ) (31,658,307 ) Market Activity (d)(j) (929,577 ) 10,341,999 1,074,505 8,047,876 18,534,803 6,883,441 5,652,532 5,752,490 4,028,639 22,317,102 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (2,006,728 ) $ 26,858,802 $ 2,600,111 $ 12,466,015 $ 39,918,200 $ 6,911,738 $ 19,977,313 $ 24,313,676 $ 5,202,875 $ 56,405,602 Increase (Decrease) -1 % 11 % 1 % 15 % 4 % 2 % 9 % 9 % 7 % 7 % Annualized Base Management Fee Rate (f) 0.91 % 1.05 % 0.64 % 0.66 % 0.83 % 0.95 % 1.06 % 0.66 % 0.65 % 0.86 %

• Multi-Asset Investing Annualized Base Management Fee Rate

  0.7%

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 277,502,688 $ 255,840,774 $ 313,255,195 $ 90,997,797 $ 937,596,454 $ 282,060,486 $ 226,219,392 $ 274,120,326 $ 77,669,746 $ 860,069,950 Inflows (a) 6,090,322 15,363,029 17,225,406 4,612,628 43,291,385 7,587,147 7,550,495 23,817,071 2,944,815 41,899,528 Outflows (b) (1,105,766 ) (4,116,572 ) (5,256,355 ) (2,122,321 ) (12,601,014 ) (1,712,885 ) (804,533 ) (5,872,807 ) (1,689,485 ) (10,079,710 ) Net Inflows 4,984,556 11,246,457 11,969,051 2,490,307 30,690,371 5,874,262 6,745,962 17,944,264 1,255,330 31,819,818 Realizations (c) (4,473,568 ) (4,558,846 ) (8,037,385 ) (677,049 ) (17,746,848 ) (5,405,545 ) (3,288,907 ) (7,006,088 ) (782,279 ) (16,482,819 ) Market Activity (d)(i) (593,256 ) 5,289,475 1,053,833 5,302,625 11,052,677 3,297,473 2,483,762 3,872,734 2,053,287 11,707,256 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (82,268 ) $ 11,977,086 $ 4,985,499 $ 7,115,883 $ 23,996,200 $ 3,766,190 $ 5,940,817 $ 14,810,910 $ 2,526,338 $ 27,044,255 Increase (Decrease) 0 % 5 % 2 % 8 % 3 % 1 % 3 % 5 % 3 % 3 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 279,427,148 $ 240,959,058 $ 315,640,583 $ 85,647,665 $ 921,674,454 $ 278,914,938 $ 212,182,896 $ 264,617,560 $ 74,993,209 $ 830,708,603 Inflows (a) 11,488,305 34,710,962 31,937,151 9,311,602 87,448,020 13,559,679 22,902,066 44,220,903 5,375,389 86,058,037 Outflows (b) (2,853,179 ) (8,806,792 ) (13,185,260 ) (3,603,794 ) (28,449,025 ) (4,309,189 ) (2,473,791 ) (10,802,441 ) (2,725,809 ) (20,311,230 ) Net Inflows 8,635,126 25,904,170 18,751,891 5,707,808 58,998,995 9,250,490 20,428,275 33,418,462 2,649,580 65,746,807 Realizations (c) (9,712,277 ) (9,387,367 ) (17,226,285 ) (1,289,669 ) (37,615,598 ) (9,222,193 ) (6,103,494 ) (14,857,276 ) (1,475,344 ) (31,658,307 ) Market Activity (d)(j) (929,577 ) 10,341,999 1,074,505 8,047,876 18,534,803 6,883,441 5,652,532 5,752,490 4,028,639 22,317,102 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (2,006,728 ) $ 26,858,802 $ 2,600,111 $ 12,466,015 $ 39,918,200 $ 6,911,738 $ 19,977,313 $ 24,313,676 $ 5,202,875 $ 56,405,602 Increase (Decrease) -1 % 11 % 1 % 15 % 4 % 2 % 9 % 9 % 7 % 7 % Annualized Base Management Fee Rate (f) 0.91 % 1.05 % 0.64 % 0.66 % 0.83 % 0.95 % 1.06 % 0.66 % 0.65 % 0.86 %

• Private Equity Annualized Base Management Fee Rate

  1.1%

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 277,502,688 $ 255,840,774 $ 313,255,195 $ 90,997,797 $ 937,596,454 $ 282,060,486 $ 226,219,392 $ 274,120,326 $ 77,669,746 $ 860,069,950 Inflows (a) 6,090,322 15,363,029 17,225,406 4,612,628 43,291,385 7,587,147 7,550,495 23,817,071 2,944,815 41,899,528 Outflows (b) (1,105,766 ) (4,116,572 ) (5,256,355 ) (2,122,321 ) (12,601,014 ) (1,712,885 ) (804,533 ) (5,872,807 ) (1,689,485 ) (10,079,710 ) Net Inflows 4,984,556 11,246,457 11,969,051 2,490,307 30,690,371 5,874,262 6,745,962 17,944,264 1,255,330 31,819,818 Realizations (c) (4,473,568 ) (4,558,846 ) (8,037,385 ) (677,049 ) (17,746,848 ) (5,405,545 ) (3,288,907 ) (7,006,088 ) (782,279 ) (16,482,819 ) Market Activity (d)(i) (593,256 ) 5,289,475 1,053,833 5,302,625 11,052,677 3,297,473 2,483,762 3,872,734 2,053,287 11,707,256 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (82,268 ) $ 11,977,086 $ 4,985,499 $ 7,115,883 $ 23,996,200 $ 3,766,190 $ 5,940,817 $ 14,810,910 $ 2,526,338 $ 27,044,255 Increase (Decrease) 0 % 5 % 2 % 8 % 3 % 1 % 3 % 5 % 3 % 3 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 279,427,148 $ 240,959,058 $ 315,640,583 $ 85,647,665 $ 921,674,454 $ 278,914,938 $ 212,182,896 $ 264,617,560 $ 74,993,209 $ 830,708,603 Inflows (a) 11,488,305 34,710,962 31,937,151 9,311,602 87,448,020 13,559,679 22,902,066 44,220,903 5,375,389 86,058,037 Outflows (b) (2,853,179 ) (8,806,792 ) (13,185,260 ) (3,603,794 ) (28,449,025 ) (4,309,189 ) (2,473,791 ) (10,802,441 ) (2,725,809 ) (20,311,230 ) Net Inflows 8,635,126 25,904,170 18,751,891 5,707,808 58,998,995 9,250,490 20,428,275 33,418,462 2,649,580 65,746,807 Realizations (c) (9,712,277 ) (9,387,367 ) (17,226,285 ) (1,289,669 ) (37,615,598 ) (9,222,193 ) (6,103,494 ) (14,857,276 ) (1,475,344 ) (31,658,307 ) Market Activity (d)(j) (929,577 ) 10,341,999 1,074,505 8,047,876 18,534,803 6,883,441 5,652,532 5,752,490 4,028,639 22,317,102 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (2,006,728 ) $ 26,858,802 $ 2,600,111 $ 12,466,015 $ 39,918,200 $ 6,911,738 $ 19,977,313 $ 24,313,676 $ 5,202,875 $ 56,405,602 Increase (Decrease) -1 % 11 % 1 % 15 % 4 % 2 % 9 % 9 % 7 % 7 % Annualized Base Management Fee Rate (f) 0.91 % 1.05 % 0.64 % 0.66 % 0.83 % 0.95 % 1.06 % 0.66 % 0.65 % 0.86 %

• Real Estate Annualized Base Management Fee Rate

  0.9%

  $ $ $ $ $ $ $ $ $ $ Three Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 277,502,688 $ 255,840,774 $ 313,255,195 $ 90,997,797 $ 937,596,454 $ 282,060,486 $ 226,219,392 $ 274,120,326 $ 77,669,746 $ 860,069,950 Inflows (a) 6,090,322 15,363,029 17,225,406 4,612,628 43,291,385 7,587,147 7,550,495 23,817,071 2,944,815 41,899,528 Outflows (b) (1,105,766 ) (4,116,572 ) (5,256,355 ) (2,122,321 ) (12,601,014 ) (1,712,885 ) (804,533 ) (5,872,807 ) (1,689,485 ) (10,079,710 ) Net Inflows 4,984,556 11,246,457 11,969,051 2,490,307 30,690,371 5,874,262 6,745,962 17,944,264 1,255,330 31,819,818 Realizations (c) (4,473,568 ) (4,558,846 ) (8,037,385 ) (677,049 ) (17,746,848 ) (5,405,545 ) (3,288,907 ) (7,006,088 ) (782,279 ) (16,482,819 ) Market Activity (d)(i) (593,256 ) 5,289,475 1,053,833 5,302,625 11,052,677 3,297,473 2,483,762 3,872,734 2,053,287 11,707,256 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (82,268 ) $ 11,977,086 $ 4,985,499 $ 7,115,883 $ 23,996,200 $ 3,766,190 $ 5,940,817 $ 14,810,910 $ 2,526,338 $ 27,044,255 Increase (Decrease) 0 % 5 % 2 % 8 % 3 % 1 % 3 % 5 % 3 % 3 % $ $ $ $ $ $ $ $ $ $ Six Months Ended June 30, 2026 June 30, 2025 Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total Real Estate Private Equity Credit & Insurance Multi-Asset Investing Total (Dollars in Thousands) Fee-Earning Assets Under Management Balance, Beginning of Period $ 279,427,148 $ 240,959,058 $ 315,640,583 $ 85,647,665 $ 921,674,454 $ 278,914,938 $ 212,182,896 $ 264,617,560 $ 74,993,209 $ 830,708,603 Inflows (a) 11,488,305 34,710,962 31,937,151 9,311,602 87,448,020 13,559,679 22,902,066 44,220,903 5,375,389 86,058,037 Outflows (b) (2,853,179 ) (8,806,792 ) (13,185,260 ) (3,603,794 ) (28,449,025 ) (4,309,189 ) (2,473,791 ) (10,802,441 ) (2,725,809 ) (20,311,230 ) Net Inflows 8,635,126 25,904,170 18,751,891 5,707,808 58,998,995 9,250,490 20,428,275 33,418,462 2,649,580 65,746,807 Realizations (c) (9,712,277 ) (9,387,367 ) (17,226,285 ) (1,289,669 ) (37,615,598 ) (9,222,193 ) (6,103,494 ) (14,857,276 ) (1,475,344 ) (31,658,307 ) Market Activity (d)(j) (929,577 ) 10,341,999 1,074,505 8,047,876 18,534,803 6,883,441 5,652,532 5,752,490 4,028,639 22,317,102 Balance, End of Period (e) $ 277,420,420 $ 267,817,860 $ 318,240,694 $ 98,113,680 $ 961,592,654 $ 285,826,676 $ 232,160,209 $ 288,931,236 $ 80,196,084 $ 887,114,205 Increase (Decrease) $ (2,006,728 ) $ 26,858,802 $ 2,600,111 $ 12,466,015 $ 39,918,200 $ 6,911,738 $ 19,977,313 $ 24,313,676 $ 5,202,875 $ 56,405,602 Increase (Decrease) -1 % 11 % 1 % 15 % 4 % 2 % 9 % 9 % 7 % 7 % Annualized Base Management Fee Rate (f) 0.91 % 1.05 % 0.64 % 0.66 % 0.83 % 0.95 % 1.06 % 0.66 % 0.65 % 0.86 %

• Credit & Insurance Invested Performance Eligible AUM Above High Water Mark/Hurdle

  99.0%

  Operating Metrics The following table presents information regarding our Invested Performance Eligible Assets Under Management: $ $ $ $ Invested Performance Eligible Assets Under Management Estimated % Above High Water Mark/ Hurdle (a) As of June 30, As of June 30, 2026 2025 2026 2025 (Dollars in Thousands) Credit & Insurance (b) $ 121,054,193 $ 115,155,531 99% 99% (a) Estimated % Above High Water Mark/Hurdle represents the percentage of Invested Performance Eligible Assets Under Management that as of the dates presented would earn performance fees when the applicable Credit & Insurance managed fund has positive investment performance relative to a hurdle, where applicable. Incremental positive performance in the applicable Blackstone Funds may cause additional assets to reach their respective High Water Mark or clear a hurdle return, thereby resulting in an increase in Estimated % Above High Water Mark/Hurdle. (b) For the Credit & Insurance managed funds, at June 30, 2026, the incremental appreciation needed for the 1% of Invested Performance Eligible Assets Under Management below their respective High Water Marks/Hurdles to reach their respective High Water Marks/Hurdles was $2.6 billion, an increase of $213.9 million, compared to $2.4 billion at June 30, 2025. Of the Invested Performance Eligible Assets Under Management below their respective High Water Marks/Hurdles as of June 30, 2026, 36% were within 5% of reaching their respective High Water Mark.

• Multi-Asset Investing Invested Performance Eligible AUM Above High Water Mark/Benchmark

  100.0%

  Operating Metrics The following table presents information regarding our Invested Performance Eligible Assets Under Management: $ $ $ $ Invested Performance Eligible Assets Under Management Estimated % Above High Water Mark/ Benchmark (a) As of June 30, As of June 30, 2026 2025 2026 2025 (Dollars in Thousands) Multi-Asset Investing Managed Funds (b) $ 64,017,666 $ 52,523,386 100% 97% (a) Estimated % Above High Water Mark/Benchmark represents the percentage of Invested Performance Eligible Assets Under Management that as of the dates presented would earn performance fees when the applicable Multi-Asset Investing managed fund has positive investment performance relative to a benchmark, where applicable. Incremental positive performance in the applicable Blackstone Funds may cause additional assets to reach their respective High Water Mark or clear a benchmark return, thereby resulting in an increase in Estimated % Above High Water Mark/Benchmark. (b) For the Multi-Asset Investing managed funds, at June 30, 2026, the incremental appreciation needed for the less than 1% of Invested Performance Eligible Assets Under Management below their respective High Water Marks/Benchmarks to reach their respective High Water Marks/Benchmarks was $67.6 million, a decrease of $104.7 million, compared to $172.3 million at June 30, 2025. Of the Invested Performance Eligible Assets Under Management below their respective High Water Marks/Benchmarks as of June 30, 2026, 48% were within 5% of reaching their respective High Water Mark.

• Credit & Insurance Net Accrued Performance Revenues

  $252

  Net Accrued Performance Revenues The following table presents the Accrued Performance Revenues, net of performance compensation, of the Blackstone Funds as of June 30, 2026 and 2025. Net Accrued Performance Revenues presented do not include clawback amounts, if any, which are disclosed in Note 16. “Commitments and Contingencies — Contingencies — Contingent Obligations (Clawback)” in the “Notes to Condensed Consolidated Financial Statements” in “—Item 1. Financial Statements” of this filing. See “—Non-GAAP Financial Measures” for our reconciliation of Net Accrued Performance Revenues. $ $ June 30, 2026 2025 (Dollars in Millions) Real Estate BREP Global $ 553 $ 721 BREP Europe 81 27 BREP Asia 114 98 BPP 114 45 BREDS 30 32 Total Real Estate (a) 891 923 Private Equity BCP Global 1,764 1,869 BCP Asia 262 344 Energy/Energy Transition 1,052 515 Core Private Equity 256 266 Tactical Opportunities 150 227 Secondaries 1,148 1,270 Infrastructure 936 247 Life Sciences 253 239 BTAS/BXPE 262 236 Total Private Equity (a) 6,081 5,212 Credit & Insurance 252 369 Multi-Asset Investing 243 103 Total Blackstone Net Accrued Performance Revenues $ 7,468 $ 6,608 Note: Totals may not add due to rounding. (a) Real Estate and Private Equity include co-investments, as applicable. For the twelve months ended June 30, 2026, Net Accrued Performance Revenues receivable increased due to Net Performance Revenues of $4.6 billion, partially offset by net realized distributions of $3.8 billion.

• Multi-Asset Investing Net Accrued Performance Revenues

  $243

  Net Accrued Performance Revenues The following table presents the Accrued Performance Revenues, net of performance compensation, of the Blackstone Funds as of June 30, 2026 and 2025. Net Accrued Performance Revenues presented do not include clawback amounts, if any, which are disclosed in Note 16. “Commitments and Contingencies — Contingencies — Contingent Obligations (Clawback)” in the “Notes to Condensed Consolidated Financial Statements” in “—Item 1. Financial Statements” of this filing. See “—Non-GAAP Financial Measures” for our reconciliation of Net Accrued Performance Revenues. $ $ June 30, 2026 2025 (Dollars in Millions) Real Estate BREP Global $ 553 $ 721 BREP Europe 81 27 BREP Asia 114 98 BPP 114 45 BREDS 30 32 Total Real Estate (a) 891 923 Private Equity BCP Global 1,764 1,869 BCP Asia 262 344 Energy/Energy Transition 1,052 515 Core Private Equity 256 266 Tactical Opportunities 150 227 Secondaries 1,148 1,270 Infrastructure 936 247 Life Sciences 253 239 BTAS/BXPE 262 236 Total Private Equity (a) 6,081 5,212 Credit & Insurance 252 369 Multi-Asset Investing 243 103 Total Blackstone Net Accrued Performance Revenues $ 7,468 $ 6,608 Note: Totals may not add due to rounding. (a) Real Estate and Private Equity include co-investments, as applicable. For the twelve months ended June 30, 2026, Net Accrued Performance Revenues receivable increased due to Net Performance Revenues of $4.6 billion, partially offset by net realized distributions of $3.8 billion.

• Net Accrued Performance Revenues

  $7,468

  Net Accrued Performance Revenues The following table presents the Accrued Performance Revenues, net of performance compensation, of the Blackstone Funds as of June 30, 2026 and 2025. Net Accrued Performance Revenues presented do not include clawback amounts, if any, which are disclosed in Note 16. “Commitments and Contingencies — Contingencies — Contingent Obligations (Clawback)” in the “Notes to Condensed Consolidated Financial Statements” in “—Item 1. Financial Statements” of this filing. See “—Non-GAAP Financial Measures” for our reconciliation of Net Accrued Performance Revenues. $ $ June 30, 2026 2025 (Dollars in Millions) Real Estate BREP Global $ 553 $ 721 BREP Europe 81 27 BREP Asia 114 98 BPP 114 45 BREDS 30 32 Total Real Estate (a) 891 923 Private Equity BCP Global 1,764 1,869 BCP Asia 262 344 Energy/Energy Transition 1,052 515 Core Private Equity 256 266 Tactical Opportunities 150 227 Secondaries 1,148 1,270 Infrastructure 936 247 Life Sciences 253 239 BTAS/BXPE 262 236 Total Private Equity (a) 6,081 5,212 Credit & Insurance 252 369 Multi-Asset Investing 243 103 Total Blackstone Net Accrued Performance Revenues $ 7,468 $ 6,608 Note: Totals may not add due to rounding. (a) Real Estate and Private Equity include co-investments, as applicable. For the twelve months ended June 30, 2026, Net Accrued Performance Revenues receivable increased due to Net Performance Revenues of $4.6 billion, partially offset by net realized distributions of $3.8 billion.

• Private Equity Net Accrued Performance Revenues

  $6,081

  Net Accrued Performance Revenues The following table presents the Accrued Performance Revenues, net of performance compensation, of the Blackstone Funds as of June 30, 2026 and 2025. Net Accrued Performance Revenues presented do not include clawback amounts, if any, which are disclosed in Note 16. “Commitments and Contingencies — Contingencies — Contingent Obligations (Clawback)” in the “Notes to Condensed Consolidated Financial Statements” in “—Item 1. Financial Statements” of this filing. See “—Non-GAAP Financial Measures” for our reconciliation of Net Accrued Performance Revenues. $ $ June 30, 2026 2025 (Dollars in Millions) Real Estate BREP Global $ 553 $ 721 BREP Europe 81 27 BREP Asia 114 98 BPP 114 45 BREDS 30 32 Total Real Estate (a) 891 923 Private Equity BCP Global 1,764 1,869 BCP Asia 262 344 Energy/Energy Transition 1,052 515 Core Private Equity 256 266 Tactical Opportunities 150 227 Secondaries 1,148 1,270 Infrastructure 936 247 Life Sciences 253 239 BTAS/BXPE 262 236 Total Private Equity (a) 6,081 5,212 Credit & Insurance 252 369 Multi-Asset Investing 243 103 Total Blackstone Net Accrued Performance Revenues $ 7,468 $ 6,608 Note: Totals may not add due to rounding. (a) Real Estate and Private Equity include co-investments, as applicable. For the twelve months ended June 30, 2026, Net Accrued Performance Revenues receivable increased due to Net Performance Revenues of $4.6 billion, partially offset by net realized distributions of $3.8 billion.

• Real Estate Net Accrued Performance Revenues

  $891

  Net Accrued Performance Revenues The following table presents the Accrued Performance Revenues, net of performance compensation, of the Blackstone Funds as of June 30, 2026 and 2025. Net Accrued Performance Revenues presented do not include clawback amounts, if any, which are disclosed in Note 16. “Commitments and Contingencies — Contingencies — Contingent Obligations (Clawback)” in the “Notes to Condensed Consolidated Financial Statements” in “—Item 1. Financial Statements” of this filing. See “—Non-GAAP Financial Measures” for our reconciliation of Net Accrued Performance Revenues. $ $ June 30, 2026 2025 (Dollars in Millions) Real Estate BREP Global $ 553 $ 721 BREP Europe 81 27 BREP Asia 114 98 BPP 114 45 BREDS 30 32 Total Real Estate (a) 891 923 Private Equity BCP Global 1,764 1,869 BCP Asia 262 344 Energy/Energy Transition 1,052 515 Core Private Equity 256 266 Tactical Opportunities 150 227 Secondaries 1,148 1,270 Infrastructure 936 247 Life Sciences 253 239 BTAS/BXPE 262 236 Total Private Equity (a) 6,081 5,212 Credit & Insurance 252 369 Multi-Asset Investing 243 103 Total Blackstone Net Accrued Performance Revenues $ 7,468 $ 6,608 Note: Totals may not add due to rounding. (a) Real Estate and Private Equity include co-investments, as applicable. For the twelve months ended June 30, 2026, Net Accrued Performance Revenues receivable increased due to Net Performance Revenues of $4.6 billion, partially offset by net realized distributions of $3.8 billion.