Total asset footprint
$1 trillion8% increase year-over-year
Q1 FY27
Represents total assets at quarter end.
AUM
$146 billion$5 billion or 4% compared to the prior year period
Q1 FY27
Assets Under Management.
AUA
$914 billion$69 billion or 8% relative to the prior year period
Q1 FY27
Assets Under Advisement, primarily from market value growth and technology solutions/back office mandates.
Total management and advisory fees
$161 millionup 21% year-over-year
Q1 FY27
Total fees for the quarter.
Total fee-related revenue
$236 million44% growth year-over-year
Q1 FY27
Includes management, advisory, and fee-related performance revenues.
GAAP EPS
$1.93
Q1 FY27
Based on $80 million of GAAP net income.
Adjusted Net Income
$105 million
Q1 FY27
Used to calculate non-GAAP EPS.
Non-GAAP EPS
$1.94
Q1 FY27
Based on $105 million of adjusted net income.
Dividend per share
$0.60
Q1 FY27
Declared for the quarter, on track for FY27 target.
Fee-earning AUM
$83.7 billion$9.3 billion or 12% year-over-year
Q1 FY27
Total fee-earning AUM at quarter end.
Blended fee rate
69
Q1 FY27
Benefiting from mix shift towards specialized funds.
Gross contributions
$2.4 billion
Q1 FY27
Stemmed primarily from new subscriptions to Evergreen products and drawdown products.
Evergreen net inflows
$640 million
Q1 FY27
Net inflows across all Evergreen strategies.
Evergreen AUM
$19 billion
Q1 FY27
Total AUM for the Evergreen platform at period end.
Evergreen funds with positive net inflow
10 out of 12
Q1 FY27
Number of Evergreen funds experiencing positive net inflows.
Non-U.S. multi-strategy equity platform inception value
$2.32
as of June 30, 2026
Value of $1 invested in the institutional USD share class at inception.
Evergreen sales professionals added
6
last 12 months
Highly experienced professionals added to the U.S. distribution team.
Evergreen fund performance (double-digit)
positive double-digit performance
YTD and since inception
Applies to each fund (excluding U.S. private credit fund) in institutional USD share class.
Non-U.S. private credit platform return
high single-digit return
since inception
Targets and delivered a high single-digit return.
Cash realizations (3 largest products)
$3.6 billion
since inception
Total cash realizations from the underlying portfolios of the three largest and most seasoned individual products.
Direct equity fundraise (fund portion)
$3.3 billionover 57% growth versus the prior fund
closed
Capital raised in the fund portion of the direct equity platform.
Direct equity fundraise (separate accounts)
$500 million
closed
Capital raised in separate accounts investing alongside the direct equity fund.
Direct equity fund committed capital
30
current
Percentage of capital committed across small and mid-market businesses.
Seventh secondary fund first close
$1.3 billion
last week
Investor commitments secured at the first close.
Second venture fund first close
$370 millionmore than 60% of the size of the first fund
Q1 FY27
Investor commitments secured at the first close.
First venture fund total raise
$615 million
total
Total capital raised for the first venture fund.
Customized separate accounts gross contributions (existing clients)
$2.3 billion
Q1 FY27
Total mandate value from re-ups and expansion of existing client relationships.
Customized separate accounts gross contributions (new clients)
$1.3 billion
Q1 FY27
Total mandate value from new clients, domestic and international.
Operating, monitoring, data and analytics revenue growth
$1.5 million18% compared to the prior year period
Q1 FY27
Increase in revenue from technology solutions offering.
Incentive fees
$114 million
Q1 FY27
Includes fee-related performance revenues, primarily from U.S. private assets Evergreen Fund.
Unrealized carry balance
$1.5 billionup 11% from the prior year period
Q1 FY27
Balance of unrealized carried interest.
Incentive fees recognized
$113 million
last 12 months
Excluding fee-related performance revenues.
Total expenses increase
$50 million50% compared with the prior year period
Q1 FY27
Fiscal year-to-date increase.
Total compensation and benefits increase
$38 million55%
Q1 FY27
Due primarily to increases in operating performance and headcount.
G&A increase
$12 million
Q1 FY27
Primarily driven by revenue-related expenses and one-time benefits in the prior year period.
FRE margin
53compared to 51% for the prior year period
Q1 FY27
Benefited from strong fee-related performance revenues.
Shares repurchased
559,000
Q1 FY27
Shares repurchased during the quarter.
Share repurchase average price
$89.51
Q1 FY27
Weighted average price per share for repurchases.
Share repurchase spent (quarter)
$50 million
Q1 FY27
Amount spent on share repurchases during the quarter.
Share repurchase spent (program life)
$70 million
program life
Total amount spent on share repurchases throughout the life of the program.
Russell transaction gain (expected)
$18 million
expected upon closing
Anticipated gain from the sale of Russell Investments.
Securitize shares owned
1.5 million
post-transaction
Shares owned after Securitize became publicly traded.
Securitize share price
$6.94
as of yesterday's closing
Closing price of Securitize shares.
Canoe proceeds (expected)
$30 million
expected upon closing
Expected proceeds from the Bloomberg acquisition of Canoe.
Canoe gain (estimated)
$15 million
estimated upon closing
Estimated gain versus current carrying value from the Bloomberg acquisition of Canoe.