Blackstone Alternative Credit Advisors LP

RIASEC RegisteredEst. 2006

Total AUM

$44.1B

Discretionary

$42.6B

97% of AUM

Avg account

$324M

Accounts

136

Employees

753

Advisory reps

Firm details

Headquarters: New York, New York
CRD number: 137519
Registered since: January 18, 2006
Website: www.blackstone.com
Custodians: BNP PARIBAS SECURITIES SERVICES AUSTRALIA BRANCH, THE BANK OF NEW YORK MELLON, CITI PRIVATE BANK
Fee structure: Percentage of AUM, Performance Based Fees
Client types: Pooled Investment Vehicles84.96%
Insurance Companies15.04%
Services: Portfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Blackstone Alternative Credit Advisors LP is a limited partnership that registered with the SEC in 2006 and serves primarily institutional clients. The firm is organized as a multifaceted alternative asset manager with activity across private equity and securitized asset strategies and operates as both a commodity pool operator/commodity trading advisor and an adviser to pooled investment vehicles. Its fee model combines asset-based fees with performance-linked compensation. Ownership is recorded as domestic entities and individuals. The firm does not identify as an active ESG investor. The firm’s stated advisory responsibilities emphasize portfolio management for pooled vehicles and for businesses or institutional investors. Industry relationships include roles as a sponsor and general partner of pooled vehicles and affiliations spanning broker-dealer, banking, insurance, and accounting organizations.