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Blackstone Alternative Solutions L.L.C.
Filed as BLACKSTONE ALTERNATIVE SOLUTIONS L.L.C.
Blackstone Alternative Solutions L.L.C. is an SEC-registered investment advisory firm in New York, NY, registered since 2011, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated June 24, 2026.
Quick answers
From the filingHow is Blackstone Alternative Solutions L.L.C. compensated?
On its Form ADV (Item 5.E, October 2026), Blackstone Alternative Solutions L.L.C. reports these compensation arrangements: a percentage of assets under its management; performance-based fees.
Where is Blackstone Alternative Solutions L.L.C. located?
Blackstone Alternative Solutions L.L.C.'s principal office is in New York, NY, according to its Form ADV; the July 2026 filing also lists 6 other offices (Schedule D, Section 1.F).
Is Blackstone Alternative Solutions L.L.C. registered with the SEC or a state?
Blackstone Alternative Solutions L.L.C. is an SEC-registered investment advisory firm, registered since 2011. Status as filed: Approved. CRD 158784.
How much does Blackstone Alternative Solutions L.L.C. manage?
Blackstone Alternative Solutions L.L.C. reports $20,081,173,362 in regulatory assets under management in its Form ADV filing dated June 24, 2026 (100% discretionary).
How have Blackstone Alternative Solutions L.L.C.'s assets and staff changed since 2021?
In the Form ADV data for Blackstone Alternative Solutions L.L.C.: Regulatory assets under management: $22,099,640,939 in the October 2021 data and $20,081,173,362 in the October 2026 data, down 9%. 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 Solutions L.L.C. serve?
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (54).
Does Blackstone Alternative Solutions L.L.C. 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/158784
What changed in Blackstone Alternative Solutions L.L.C.'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 $18,145,876,196 to $20,081,173,362 (+11%). Added an office in Miami, FL.
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Performance-based fees
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2ASee the firm's brochure (dated March 30, 2026) for its fees and any account minimum, on the SEC's IAPD site.
Regulatory assets under management
Item 5.F$20,081,173,362 as of October 2026, filing dated June 24, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for pooled investment vehicles (other than investment companies)
- Selection of other advisers (including private fund managers)
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2011 (15 years)
- Employees
- Total: 293. Performing investment advisory functions: 111.
- Wrap fee program participation
- No.
- Other offices (Schedule D, Section 1.F)
-
6 other offices, as of the July 2026 filing
- States registered or notice-filed
- Not reported.
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $20,081,173,362 | 293 | June 24, 2026 |
| October 2025 | $18,145,876,196 | 292 | July 10, 2025 |
| October 2024 | $16,775,854,974 | 290 | March 28, 2024 |
| October 2023 | $16,565,733,205 | 342 | July 12, 2023 |
| October 2022 | $21,640,165,451 | 324 | September 13, 2022 |
| October 2021 | $22,099,640,939 | 284 | June 18, 2021 |
Regulatory assets under management: $22,099,640,939 in the October 2021 data and $20,081,173,362 in the October 2026 data, down 9%.
Total employees: 284 in October 2021 and 293 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- April 2026
- Employees performing advisory functions went from 108 to 111.
- Regulatory assets under management went from $18,145,876,196 to $20,081,173,362 (+11%).
- Added an office in Miami, FL.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Blackstone Alternative Solutions L.L.C. (CRD 158784): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/blackstone-alternative-solutions-l-l-c-new-york-ny-158784