BLACKSTONE ALTERNATIVE ASSET MANAGEMENT L.P.

RIASEC RegisteredEst. 1996
Total AUM
$92B
Discretionary
$88.3B
96% of AUM
Avg account
$529M
Accounts
174
Employees
293
Advisory reps
4

Firm details

Headquarters
New York, New York
CRD number
107580
Registered since
August 28, 1996
Custodians
THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION, CITCO CANADA, RBC CAPITAL MARKETS, LLC
Fee structure
Percentage of AUM, Performance Based Fees
Client types
  • Pooled Investment Vehicles88.44%
  • Other Investment Advisers4.33%
  • Sovereign Wealth Funds3.15%
  • Corporations / Businesses2.17%
  • Pension & Profit Sharing Plans1.91%
Services
Portfolio Management for Pooled Investment VehiclesSelection of Other Advisers

Firm profile

FINTRX

Overview

Blackstone Alternative Asset Management L.P. is the alternative-asset management arm that runs a broad set of pooled investment vehicles for institutional clients. The firm focuses on allocating and managing capital across a wide spectrum of alternative strategies, with heavy emphasis on private funds and hedge strategies. It operates primarily as an adviser to commingled vehicles and as a selector of third‑party managers rather than a typical retail-facing advisory shop. Fee arrangements combine percentage-of-AUM and performance-based elements, consistent with active, incentive-aligned alternative management. The firm is structured to serve institutional mandates and acts in capacities that include commodity pool operation / trading advisor services for certain vehicles. Blackstone Alternative Asset Management is not identified as an active ESG investor in its filings. Its business model centers on pooled products, manager selection, and active portfolio management within alternatives rather than direct retail discretionary wrap relationships.

Assets & Accounts

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Private Funds 82%, Exchange Traded Equities 4%, Non-Exchange Traded Equities 4%, Derivatives 4%, Cash & Cash Equivalents 3%, Non-Investment Grade Corp Bonds 1%, Other 1%82%
  • Private Funds82%
  • Exchange Traded Equities4%
  • Non-Exchange Traded Equities4%
  • Derivatives4%
  • Cash & Cash Equivalents3%

Contacts

3 of 4
  • STEPHEN OCONNOR

    Managing DirectorCRD 6174908

  • BRIAN GAVIN

    Sr. Managing DirectorCRD 5656422

  • NEIL SCHWARTZ

    Managing DirectorCRD 5205788

Unlock 1 more contacts

Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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Location

Primary office

New York, NY

NEW YORK

Location

New York, NY

Headquartered in New York, NY, anchoring the New York-Newark, NY-NJ-CT-PA metro in the Northeast.

Metro area
New York-Newark, NY-NJ-CT-PA
Region
Northeast
County
NEW YORK
Address
345 Park Ave
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth