# Blackstone Life Sciences Advisors L.L.C.

> Blackstone Life Sciences Advisors L.L.C. is an SEC-registered investment advisory firm in Cambridge, MA, registered since 2019, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 304477
- Filed as: BLACKSTONE LIFE SCIENCES ADVISORS L.L.C.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Cambridge, MA
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/304477
- AdvisorCensus page: https://advisorcensus.com/firm/blackstone-life-sciences-advisors-l-l-c-cambridge-ma-304477

## Quick answers

**How is Blackstone Life Sciences Advisors L.L.C. compensated?**
On its Form ADV (Item 5.E, October 2026), Blackstone Life Sciences Advisors L.L.C. 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.

**Where is Blackstone Life Sciences Advisors L.L.C. located?**
Blackstone Life Sciences Advisors L.L.C.'s principal office is in Cambridge, MA, according to its Form ADV.

**Is Blackstone Life Sciences Advisors L.L.C. registered with the SEC or a state?**
Blackstone Life Sciences Advisors L.L.C. is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 304477.

**How much does Blackstone Life Sciences Advisors L.L.C. manage?**
Blackstone Life Sciences Advisors L.L.C. reports $13,185,938,600 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have Blackstone Life Sciences Advisors L.L.C.'s assets and staff changed since 2021?**
In the Form ADV data for Blackstone Life Sciences Advisors L.L.C.: Regulatory assets under management: $4,913,422,710 in the October 2021 data and $13,185,938,600 in the October 2026 data, up 168%. Total employees: 24 in October 2021 and 31 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Blackstone Life Sciences Advisors 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) (11).

**Does Blackstone Life Sciences Advisors 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/304477

**What changed in Blackstone Life Sciences Advisors L.L.C.'s recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $9,796,595,486 to $13,185,938,600 (+35%).

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $13,185,938,600
- Discretionary: $13,185,938,600
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 11 | $13,185,938,600 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2019 (7 years)
- Employees: 31 total, 21 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### 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 | $4,913,422,710 | 24 | March 31, 2021 |
| October 2022 | $6,583,957,217 | 27 | September 6, 2022 |
| October 2023 | $6,808,396,479 | 25 | April 28, 2023 |
| October 2024 | $7,184,881,378 | 28 | May 9, 2024 |
| October 2025 | $9,796,595,486 | 29 | July 29, 2025 |
| October 2026 | $13,185,938,600 | 31 | March 30, 2026 |

Regulatory assets under management: $4,913,422,710 in the October 2021 data and $13,185,938,600 in the October 2026 data, up 168%.
Total employees: 24 in October 2021 and 31 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $9,796,595,486 to $13,185,938,600 (+35%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Blackstone Life Sciences Advisors L.L.C. (CRD 304477): Form ADV filing data as of October 2026.