# Blackstone Management Partners L.L.C.

> Blackstone Management Partners L.L.C. is an SEC-registered investment advisory firm in New York, NY, registered since 2005, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 136979
- Filed as: BLACKSTONE MANAGEMENT PARTNERS L.L.C.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/136979
- AdvisorCensus page: https://advisorcensus.com/firm/blackstone-management-partners-l-l-c-new-york-ny-136979

## Quick answers

**How is Blackstone Management Partners L.L.C. compensated?**
On its Form ADV (Item 5.E, October 2026), Blackstone Management Partners 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 Management Partners L.L.C. located?**
Blackstone Management Partners L.L.C.'s principal office is in New York, NY, according to its Form ADV; the April 2026 filing also lists 10 other offices (Schedule D, Section 1.F).

**Is Blackstone Management Partners L.L.C. registered with the SEC or a state?**
Blackstone Management Partners L.L.C. is an SEC-registered investment advisory firm, registered since 2005. Status as filed: Approved. CRD 136979.

**How much does Blackstone Management Partners L.L.C. manage?**
Blackstone Management Partners L.L.C. reports $145,730,683,863 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have Blackstone Management Partners L.L.C.'s assets and staff changed since 2021?**
In the Form ADV data for Blackstone Management Partners L.L.C.: Regulatory assets under management: $94,753,892,231 in the October 2021 data and $145,730,683,863 in the October 2026 data, up 54%. Total employees: 186 in October 2021 and 213 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Blackstone Management Partners 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) (36).

**Does Blackstone Management Partners L.L.C. report any disciplinary disclosures?**
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/136979

**What changed in Blackstone Management Partners L.L.C.'s recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 182 to 195. Added an office in Paris. No longer lists an office in Hong Kong.

## 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: $145,730,683,863
- Discretionary: $145,730,683,863
- 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) | 36 | $145,730,683,863 |
| 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: 2005 (20 years)
- Employees: 213 total, 195 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA
- Disclosures (Item 11): Reports 3 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(2): 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?
- 11.C(4): Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5): 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?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/136979

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Frankfurt
- London
- Mumbai
- Paris
- San Francisco, CA
- Seoul
- Shanghai
- Singapore
- Sydney
- Tokyo

### 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 | $94,753,892,231 | 186 | April 28, 2021 |
| October 2022 | $114,275,807,744 | 164 | September 20, 2022 |
| October 2023 | $123,047,379,046 | 186 | August 3, 2023 |
| October 2024 | $124,616,124,101 | 236 | May 1, 2024 |
| October 2025 | $141,437,596,775 | 199 | March 28, 2025 |
| October 2026 | $145,730,683,863 | 213 | March 30, 2026 |

Regulatory assets under management: $94,753,892,231 in the October 2021 data and $145,730,683,863 in the October 2026 data, up 54%.
Total employees: 186 in October 2021 and 213 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 182 to 195.
- Added an office in Paris.
- No longer lists an office in Hong Kong.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Blackstone Management Partners L.L.C. (CRD 136979): Form ADV filing data as of October 2026.