BLACKSTONE REAL ESTATE SPECIAL SITUATIONS ADVISORS L.L.C.

RIASEC RegisteredEst. 2008

Total AUM

$69.8B

Discretionary

$69.7B

100% of AUM

Avg account

$719M

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 Companies67.64%
Pooled Investment Vehicles29.16%
Business Development Companies2.26%
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. is a limited liability company that operates as a multifaceted manager focused on real estate special situations alongside complementary hedge fund strategies. The firm acts primarily for institutional clients and runs portfolio management programs for investment companies, pooled investment vehicles and other institutional entities. Its fee model combines a percentage of assets under management with performance-based fees, and it identifies itself as an active ESG investor. Strategically, the adviser concentrates on opportunistic and special-situations real estate opportunities while also running hedge fund and credit-oriented programs. It serves as a sponsor and managing member of pooled vehicles and performs CPO/CTA activities when relevant, indicating the firm blends direct real estate asset management with pooled fund structures and multi-manager arrangements.