Blackstone Real Estate Special Situations Advisors L.L.C.

RIASEC RegisteredEst. 2008

Total AUM

$70B

Discretionary

$69.9B

100% of AUM

Avg account

$721M

Accounts

Employees

255

Advisory reps

Firm details

Headquarters: New York, New York
CRD number: 146043
Registered since: January 15, 2008
Website: www.blackstone.com
Custodians: CITI PRIVATE BANK, THE BANK OF NEW YORK MELLON
Fee structure: Percentage of AUM, Performance Based Fees
Client types: Insurance Companies67.45%
Pooled Investment Vehicles29.36%
Business Development Companies2.25%
State / Municipal Government0.55%
Investment Companies0.23%
Services: Portfolio Management for Investment CompaniesPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Blackstone Real Estate Special Situations Advisors L.L.C. operates as a manager focused on opportunistic and special-situation real estate strategies within a broader multi-asset fund platform. Organized as an LLC and SEC-registered since 2008, the firm serves institutional clients and runs pooled and investment-company portfolios as well as portfolio management for other businesses or institutions. It is classified across hedge fund, real estate fund, and multifaceted fund manager lines, charges a mix of percentage-of-assets and performance-based fees, and is also registered as a CPO/CTA. The firm does not present itself as an active ESG investor and is not reported as a multi-state or newly formed adviser.