Blackstone Strategic Alliance Advisors L.L.C. (New York)
Blackstone Strategic Alliance Advisors L.L.C. is a large advisory firm based in New York. It manages $2.6 billion of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2007.
Blackstone Strategic Alliance Advisors L.L.C provides portfolio management for pooled investment vehicles and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
Blackstone Strategic Alliance Advisors L.L.C: assets under management
The assets under management (AUM) of Blackstone Strategic Alliance Advisors L.L.C. is $2.6 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 144% since the beginning of its operation, and $1.64 billion of the total AUM is attributable to clients outside of the United States.
Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Blackstone Strategic Alliance Advisors L.L.C. for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
What kind of clients Blackstone Strategic Alliance Advisors L.L.C serves?
The only and largest group of clients of Blackstone Strategic Alliance Advisors L.L.C is pooled investment vehicles with 7 clients and $2.6 billion of assets under management. Among the 9 most similar advisory firms, Blackstone Strategic Alliance Advisors L.L.C has the 3rd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $2.6 billion for 7 clients. 43% of the firm’s clients are foreign persons or businesses.
Blackstone Strategic Alliance Advisors L.L.C also advises several private funds. Namely, seven other private funds. The minimum investment commitment required of non-related persons ranges from $0 to $10,000,000.
Careers at Blackstone Strategic Alliance Advisors L.L.C.
The company employs 243 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Direct owners and executive officers
Indirect Owners
The SEC currently registers 9 indirect owners.Based in New York
The principal office where Blackstone Strategic Alliance Advisors L.L.C. performs its advisory services is located at 345 Park Avenue, New York, NY 10154, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 212-583-5000 or by fax 212-583-5016. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at blackstone.com.
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