Blackstone Q3 2025: Distributable earnings surge 50% to $1.9B on realizations doubling, record $1.24T AUM driven by $54B quarterly inflows. Management forcefully defends $150B direct lending platform (95%+ senior secured, 38% LTV) against market scrutiny of bank-led credit defaults while highlighting capital markets recovery with IPO pipeline set for potential historic year and real estate inflection signals emerging.

BlackRock delivered its third quarter 2025 earnings against the backdrop of a transformative shift in its business model, with the recently closed HPS Investment Partners acquisition immediately contributing to results and signaling the firm's aggressive push beyond its public markets heritage into private credit and infrastructure. The quarter showcased early momentum from the integration strategy, with private markets deployment velocity exceeding expectations.

TPG delivered outstanding Q2 2025 results with after-tax distributable earnings of $268 million ($0.69 per share), up 26% year-over-year, driven by record-breaking fundraising of $11.3 billion—the second highest quarter in company history.

The Carlyle Group delivered record Q2 2025 Fee-Related Earnings of $323 million (up 18% YoY) and Assets Under Management of $465 billion, while announcing a leadership restructure naming three Co-Presidents. The private equity giant raised full-year FRE growth guidance to 10% from 6% as its diversification into credit and solutions businesses now generates 55% of firm-wide FRE, up from less than 30% two years ago. CEO Harvey Schwartz highlighted the firm's industry-leading ca

Apollo Global Management delivered blockbuster Q2 2025 results with record $627 million in fee-related earnings (22% YoY growth), driven by unprecedented $81 billion in originations and $61 billion in inflows. The alternative asset manager demonstrated the full power of its origination-to-deployment flywheel, achieving record AUM of $840 billion while maintaining robust 350bp spreads over treasuries despite market compression, positioning for accelerated growth.

Ares Management Corporation posted second-quarter results that demonstrated resilience amid market disruption, delivering record quarterly fundraising of $26.2 billion and assets under management growth to $572 billion. The alternative investment manager navigated tariff-related volatility that temporarily slowed transaction activity in April and May while successfully integrating its GCP International acquisition, which contributed $103 million in revenues during its first f

Blue Owl Capital delivered a record-breaking Q2 2025 performance with $12.1 billion in equity fundraising and $284.1 billion in AUM (up 48% YoY), marking the 17th consecutive quarter of management fee and FRE growth. The alternative asset manager continues aggressive expansion through strategic acquisitions and new product launches, positioning itself at the intersection of AI infrastructure demand and private credit markets while successfully scaling institutional and privat

Firsthand Technology Value Fund reports Q1 2025 results with total assets down to $1.49B and NAV per share declining to $0.12.

TriplePoint Private Venture Credit reports Q1 2025 results with total assets of $426.35M, NAV per share at $10.73, down from $11.11 in Q4 2024.

Guggenheim Credit Income Fund 2019 reports Q1 2025 results with total assets down to $1.59B and NAV per share at $0.85.

Guggenheim Credit Income Fund reports Q1 2025 results with total assets down to $7.18M and net asset value per share at $0.24.

NexPoint Capital reports Q1 2025 results with total assets of $45.01M, down 3.4% from Q4 2024. NAV per share decreased to $4.99.

Princeton Capital reports Q1 2025 results with total assets down to $19.37M and NAV per share declining to $0.158 from $0.175 last quarter.

PIMCO Capital Solutions BDC reports Q1 2025 results with assets up to $259.91M, NAV per share at $8.83, and increased long-term debt.

Kennedy Lewis Capital Co reports Q1 2025 results with total assets up to $907M, NAV per share at $20.07, and increased investments at fair value.

Muzinich BDC reports Q1 2025 results with assets up to $290.75M, NAV per share at $1039.74, and increased net investment income.

TCW Direct Lending VII LLC reports Q1 2025 results with total assets of $1.14B, NAV per share at $49.38, and decreased incentive fees payable.

New Mountain Guardian IV BDC reports Q1 2025 results with net income up to $19.45M and increased borrowings from credit facilities.

Silver Capital Holdings reports Q1 2025 results with total assets down to $639.25M, NAV per share up to $23.97, and decreased long-term debt.

Prospect Floating Rate & Alternative Income Fund reports Q3 2025 results with assets up to $105.52M and increased investments at fair value.