Blackstone Real Estate Advisors Iii LP (New York)

Name: Blackstone Real Estate Advisors Iii LP
Address: 345 Park Avenue, New York, NY, 10154
Telephone: 212-583-5000

Blackstone Real Estate Advisors Iii LP is a mid-sized advisory firm based in New York. It manages $27.04 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2001.

Blackstone Real Estate Advisors Iii 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 Real Estate Advisors Iii: assets under management

The assets under management (AUM) of Blackstone Real Estate Advisors Iii LP is $27.04 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -98% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $27.04 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $6.76 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Blackstone Real Estate Advisors Iii LP 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 Real Estate Advisors Iii LP

Peter George Peterson has been acting as President since 1 Oct 1998. James J Mossman has served as the Chief Investment Officer since 1 Oct 1998. Kathleen T. Mccarthy Baldwin joined the executive team most recently as the Global Real Estate Chief Operating Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Dennis James Mcdonagh	Chief financial officer	1 Jan 1995	Other	2676953
Bre Advisors Iii L.L.C.	General partner	1 Oct 1998	50% - 75%	13-4037301
Blackstone Real Estate Advisors Iii L.L.C.	General partner	1 Oct 1998	50% - 75%	13-4037302
John Gilroy Schreiber	Investment committee	1 Oct 1998	Other	415135
Thomas John Saylak	Senior managing director, investment committee	1 Oct 1998	Other	1131635
John Kukral	Senior managing director, investment committee	1 Oct 1998	Other	2158611
Gary M Sumers	Senior managing director, investment committee	1 Oct 1998	Other	2158622
Peter George Peterson	Chairman	1 Oct 1998	Other	803568
Stephen Allen Schwarzman	Chief executive officer, chief compliance officer	1 Oct 1998	Other	861435
Michael A Puglisi	Chief financial officer	1 Oct 1998	Other	2526926
Jonathan David Gray	Senior managing director	1 Oct 1998	Other	2289544
James J Mossman	Chief investment officer	1 Oct 1998	Other	1857323
Michael A. (Mi Only) Puglisi	Chief financial officer	1 Oct 1998	Other	2526926
Inc. Aig Bg Holdings	Limited partner	1 Oct 1998	Other	13-4019085
Jonathan David Gray	Limited partner	1 Jan 2001	Other	2289544
Hamilton Evans James	Vice chairman, investment committee	1 Oct 2002	Other	821911
James Tomilson Hill	Vice chairman, investment committee	1 Oct 2002	Other	2114386
Chad Rustan Pike	Senior managing director	1 Jan 2003	Other	2378742
James Tomilson Hill	Vice chairman	1 Jan 2003	Other	2114386
Robert Laurence Friedman	Chief legal officer / senior managing director	1 Mar 2003	Other	3222081
Northwood Investors L.L.C.	Limited partner	1 Jan 2004	Other	20-0415439
Joshua Benjamin Rovine	Chief compliance officer	1 Oct 2004	Other	4641279
Jonathan David Gray	Global head of real estate	1 Jan 2006	Other	2289544
William Jay Stein	Limited partner	1 Jan 2006	Other	5117068
Chad Rustan Pike	Group co-head	1 Jan 2006	Other	2378742
Blackstone Holdings I L.P.	Limited partner	1 Jun 2007	25% - 50%	26-0288589
Laurence Anthony Tosi	Chief financial officer of the blackstone group l.p.	1 Sep 2008	Other	4876604
Judy Turchin	Chief compliance officer of registrant and each relying adviser	1 Sep 2010	Other	5421525
John Gary Finley	Chief legal officer	1 Sep 2010	Other	5837491
Kathleen T. Mccarthy Baldwin	Senior managing director	1 Jan 2014	Other	3243119
Kathleen T. Mccarthy Baldwin	Global real estate chief operating officer	1 Jan 2015	Other	3243119
Paul Daniel Quinlan	Global real estate chief financial officer	1 Jan 2015	Other	4165998
Kenneth Alan Caplan	Global real estate chief investment officer	1 Jan 2015	Other	2649076

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 Real Estate Advisors Iii LP performs its advisory services is located at 345 Park Avenue, New York, NY 10154, which is also the mailing address of the firm. An additional office of the firm is in Santa Monica, CA. 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 212-583-5258. 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.