# Blackstone Alternative Asset Management L.P.

> Blackstone Alternative Asset Management L.P. is an SEC-registered investment advisory firm in New York, NY, registered since 1996, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated August 4, 2026.

- CRD: 107580
- Filed as: BLACKSTONE ALTERNATIVE ASSET MANAGEMENT L.P.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: August 4, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/107580
- AdvisorCensus page: https://advisorcensus.com/firm/blackstone-alternative-asset-management-l-p-new-york-ny-107580

## Quick answers

**How is Blackstone Alternative Asset Management L.P. compensated?**
On its Form ADV (Item 5.E, October 2026), Blackstone Alternative Asset Management L.P. reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**Where is Blackstone Alternative Asset Management L.P. located?**
Blackstone Alternative Asset Management L.P.'s principal office is in New York, NY, according to its Form ADV; the September 2026 filing also lists 6 other offices (Schedule D, Section 1.F).

**Is Blackstone Alternative Asset Management L.P. registered with the SEC or a state?**
Blackstone Alternative Asset Management L.P. is an SEC-registered investment advisory firm, registered since 1996. Status as filed: Approved. CRD 107580.

**How much does Blackstone Alternative Asset Management L.P. manage?**
Blackstone Alternative Asset Management L.P. reports $92,037,918,363 in regulatory assets under management in its Form ADV filing dated August 4, 2026 (96% discretionary).

**How have Blackstone Alternative Asset Management L.P.'s assets and staff changed since 2021?**
In the Form ADV data for Blackstone Alternative Asset Management L.P.: Regulatory assets under management: $65,535,521,556 in the October 2021 data and $92,037,918,363 in the October 2026 data, up 40%. Total employees: 284 in October 2021 and 293 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Blackstone Alternative Asset Management L.P. serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (159); pension and profit sharing plans (but not the plan participants or government pension plans) (10); sovereign wealth funds and foreign official institutions (7).

**Which custodians does Blackstone Alternative Asset Management L.P. use?**
Blackstone Alternative Asset Management L.P.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Citco Canada, Northern Trust and RBC as custodians holding 10% or more of its separately managed account assets.

**Does Blackstone Alternative Asset Management L.P. report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/107580

**What changed in Blackstone Alternative Asset Management L.P.'s recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 108 to 111. Regulatory assets under management went from $78,043,129,621 to $92,037,918,363 (+18%). Added an office in Miami, FL.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Custodians (Schedule D, Section 5.K(3))
- Citco Canada
- Northern Trust
- RBC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $92,037,918,363
- Discretionary: $88,270,075,436
- Non-discretionary: $3,767,842,927

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 159 | $81,396,660,015 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 10 | $1,759,733,084 |
| State or municipal government entities (including government pension plans) | 1 | $0 |
| Other investment advisers | 2 | $3,987,683,762 |
| Insurance companies | 1 | Not reported |
| Sovereign wealth funds and foreign official institutions | 7 | $2,897,541,394 |
| Corporations or other businesses not listed above | 1 | $1,996,300,108 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 1996 (30 years)
- Employees: 293 total, 111 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the September 2026 filing
- Hong Kong
- London
- Miami, FL
- Nashville, TN
- Singapore
- Washington, DC

### Websites listed on Form ADV (Item 1.I)
- apple.co/31Pe1Gg
- blackstone.com
- blackstone.podbean.com
- mp.weixin.qq.com/s/FtddoP2F9zDZ1QFBgOQAAA
- open.spotify.com/artist/52Eom8vQxM8Lk75ZZlf2hJ
- pandora.com/artist/blackstone/ARvlPz9Plblrlmg
- soundcloud.com/blackstone-300250613
- spoti.fi/2LJ1tHG
- Facebook @blackstone
- Instagram @blackstone
- LinkedIn @blackstonegroup
- X @blackstone
- YouTube @blackstonegroup

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $65,535,521,556 | 284 | August 10, 2021 |
| October 2022 | $70,822,708,640 | 324 | September 13, 2022 |
| October 2023 | $69,826,405,157 | 342 | July 12, 2023 |
| October 2024 | $69,650,795,004 | 290 | July 9, 2024 |
| October 2025 | $78,043,129,621 | 292 | July 10, 2025 |
| October 2026 | $92,037,918,363 | 293 | August 4, 2026 |

Regulatory assets under management: $65,535,521,556 in the October 2021 data and $92,037,918,363 in the October 2026 data, up 40%.
Total employees: 284 in October 2021 and 293 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 108 to 111.
- Regulatory assets under management went from $78,043,129,621 to $92,037,918,363 (+18%).
- Added an office in Miami, FL.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Blackstone Alternative Asset Management L.P. (CRD 107580): Form ADV filing data as of October 2026.