Blackstone Distressed Securities Advisors L.P. (New York)


Blackstone Distressed Securities Advisors L.P. is a related adviser based in New York. It manages $5.25 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2006.

Blackstone Distressed Securities Advisors provides portfolio management for pooled investment vehicles. 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 Distressed Securities Advisors: assets under management

The assets under management (AUM) of Blackstone Distressed Securities Advisors L.P. is $5.25 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -99% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $5.25 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.63 million each.
Blackstone Distressed Securities Advisors has custody of $5.25 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Blackstone Distressed Securities Advisors L.P. 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.

Careers at Blackstone Distressed Securities Advisors L.P.

Hamilton Evans James has been acting as President since 1 Jan 2005. Marisa Janel Beeney joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Blackstone Ds Advisors L.L.C. General partner 1 Jan 2005 25% - 50% 20-2098727
John D Dionne Limited partner 1 Jan 2005 50% - 75% 4366040
Peter George Peterson Senior chairman 1 Jan 2005 Other 803568
Stephen Allen Schwarzman Chairman & ceo 1 Jan 2005 Other 861435
Robert Laurence Friedman Chief administrative officer & chief legal officer 1 Jan 2005 Other 3222081
Hamilton Evans James President 1 Jan 2005 Other 821911
Michael A. (Mi Only) Puglisi Chief financial officer 1 Jan 2005 Other 2526926
Blackstone Dd Advisors L.L.C. General partner 1 Jan 2005 25% - 50% 20-2098727
Joshua Benjamin Rovine Chief compliance officer 1 Jan 2005 Other 4641279
Peter David Koffler Chief compliance officer 1 Dec 2006 Other 1749876
Blackstone Holdings I L.P. Limited partner 1 Jun 2007 50% - 75% 26-0288589
Bennett Jay Goodman Senior managing director 1 Mar 2008 Other 1155069
J Albert Smith Senior managing director 1 Mar 2008 Other 1725193
Douglas Irving Ostrover Senior managing director 1 Mar 2008 Other 1292770
Laurence Anthony Tosi Chief financial officer of the blackstone group l.p. 1 Sep 2008 Other 4876604
John Gary Finley Chief legal officer of the blackstone group l.p. 1 Sep 2010 Other 5837491
Marisa Janel Beeney Chief compliance officer 1 Mar 2011 Other 5764686

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Blackstone Holdings I / Ii Gp Inc. General partner 1 Jun 2007 Other 26-0238303
The Blackstone Group L.P. Shareholder 1 Jun 2007 75% - 100% 20-8875684

Based in New York

The principal office where Blackstone Distressed Securities Advisors L.P. 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 212-503-2100 or by fax 212-503-6924. The normal business hours are 8:30 am to 5:30 pm on Monday - Friday. You can find more information about the New York firm at www.blackstone.com.

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