{ "crd_number": 296294, "slug": "blackstone-credit-bdc-advisors-llc-new-york-ny-296294", "primary_business_name": "BLACKSTONE CREDIT BDC ADVISORS LLC", "legal_name": "BLACKSTONE CREDIT BDC ADVISORS LLC", "dbas": [], "city": "New York", "state": "NY", "country": "United States", "cbsa_code": "35620", "metro": { "cbsa_code": "35620", "common_name": "New York", "msa_name": "New York-Newark-Jersey City, NY-NJ", "path": "/advisors/ny/new-york" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2018-06-07", "years_registered": 8, "period": "2026-10-01", "filing_date": "2026-07-30", "carried_forward": false, "raum_total": 100648623982.0, "raum_discretionary": 100648623982.0, "raum_non_discretionary": 0.0, "raum_band": "over_5b", "raum_band_label": "Over $5 billion", "total_employees": 753, "advisory_employees": 443, "client_count_bucket": null, "clients_by_type": { "business_development_companies": { "raum": 100648623982.0, "count": 2 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_investment_companies" ], "wrap_fee_participant": false, "disclosure_yes_count": 3, "states_registered": [ "TX" ], "websites": [ "https://apple.co/31Pe1Gg", "https://blackstone.com", "https://blackstone.podbean.com", "https://facebook.com/blackstone", "https://instagram.com/blackstone", "https://linkedin.com/company/blackstonegroup", "https://mp.weixin.qq.com/s/FtddoP2F9zDZ1QFBgOQAAA", "https://open.spotify.com/artist/52Eom8vQxM8Lk75ZZlf2hJ", "https://pandora.com/artist/blackstone/ARvlPz9Plblrlmg", "https://soundcloud.com/blackstone-300250613", "https://spoti.fi/2LJ1tHG", "https://x.com/blackstone", "https://youtube.com/user/blackstonegroup" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/296294", "disclosure_items": [ { "item": "11.C(2)", "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?" }, { "item": "11.C(4)", "question": "Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?" }, { "item": "11.C(5)", "question": "Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?" } ], "city_as_filed": "NEW YORK", "url": "https://advisorcensus.com/firm/blackstone-credit-bdc-advisors-llc-new-york-ny-296294", "display_name": "Blackstone Credit BDC Advisors LLC", "summary": "Blackstone Credit BDC Advisors LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2018, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated July 30, 2026.", "citation": "AdvisorCensus. Blackstone Credit BDC Advisors LLC (CRD 296294): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for investment companies (and business development companies)" ], "quick_answers": [ { "q": "How is Blackstone Credit BDC Advisors LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Blackstone Credit BDC Advisors LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Blackstone Credit BDC Advisors LLC located?", "a": "Blackstone Credit BDC Advisors LLC's principal office is in New York, NY, according to its Form ADV; the August 2026 filing also lists 13 other offices (Schedule D, Section 1.F)." }, { "q": "Is Blackstone Credit BDC Advisors LLC registered with the SEC or a state?", "a": "Blackstone Credit BDC Advisors LLC is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 296294." }, { "q": "How much does Blackstone Credit BDC Advisors LLC manage?", "a": "Blackstone Credit BDC Advisors LLC reports $100,648,623,982 in regulatory assets under management in its Form ADV filing dated July 30, 2026 (100% discretionary)." }, { "q": "How have Blackstone Credit BDC Advisors LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Blackstone Credit BDC Advisors LLC: Regulatory assets under management: $7,104,308,608 in the October 2021 data and $100,648,623,982 in the October 2026 data, up 1317%. Total employees: 291 in October 2021 and 753 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Blackstone Credit BDC Advisors LLC serve?", "a": "By number of clients on Form ADV Item 5.D: business development companies (2)." }, { "q": "Does Blackstone Credit BDC Advisors LLC report any disciplinary disclosures?", "a": "Reports 3 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/296294" }, { "q": "What changed in Blackstone Credit BDC Advisors LLC's recent Form ADV filings?", "a": "In the August 2026 filing data: Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 7104308608.0, "total_employees": 291, "filing_date": "2021-03-31" }, { "period": "2022-10-01", "regulatory_assets_under_management": 42531259365.0, "total_employees": 402, "filing_date": "2022-03-31" }, { "period": "2023-10-01", "regulatory_assets_under_management": 62601890237.0, "total_employees": 471, "filing_date": "2023-03-31" }, { "period": "2024-10-01", "regulatory_assets_under_management": 63915191488.0, "total_employees": 495, "filing_date": "2024-08-01" }, { "period": "2025-10-01", "regulatory_assets_under_management": 84755794374.0, "total_employees": 592, "filing_date": "2025-04-07" }, { "period": "2026-10-01", "regulatory_assets_under_management": 100648623982.0, "total_employees": 753, "filing_date": "2026-07-30" } ], "recent_changes": [ { "period": "2026-08-01", "period_label": "August 2026", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 344 to 443.", "Regulatory assets under management went from $84,755,794,374 to $100,648,623,982 (+19%).", "Changed its office addresses in Frankfurt.", "Changed its office addresses in London.", "Added an office in Chicago, IL." ] } ], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/blackstone-credit-bdc-advisors-llc-new-york-ny-296294.md", "clients": [ { "type": "business_development_companies", "label": "Business development companies", "count": 2, "fewer_than_5": false, "raum": 100648623982.0 } ], "disclosure_line": "Reports 3 disclosure items on Form ADV Item 11.", "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/296294", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }