Assets under management increased an average of 3.6% in the first quarter among the five publicly traded alternatives managers reporting earnings thus far.
Assets were up an average of 7.5% on a year-over-year basis.
Oaktree Capital Group, whose assets rose to $99.9 billion, led with a 10% increase in the first quarter. The Blackstone Group, which became the first alternatives manager to top $300 billion in AUM, was second with a 6.9% increase.
On a year-over-year basis, Oaktree, Blackstone and Och-Ziff Capital Management all posted double-digit increases in assets under management at 15.9%, 14.3% and 13.4%, respectively.