Blackstone Strategic Alliance Advisors L.L.C. (New York)

Name: Blackstone Strategic Alliance Advisors L.L.C.
Address: 345 Park Avenue, New York, NY, 10154
Telephone: 212-583-5000

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.

The firm manages $2.6 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $370.74 million each.

Blackstone Strategic Alliance Advisors L.L.C has custody of $647.15 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

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

Name	Entity	Date acquired	Ownership	Employer ID
James Tomilson Hill	Vice chairman of the blackstone group / president & chief executive officer of blackstone strategic alliance advisors l.l.c.	1 Dec 2006	Other	2114386
Peter George Peterson	Founding member; senior chairman of the blackstone group	1 Dec 2006	50% - 75%	803568
Stephen Allen Schwarzman	Founding member; chairman and ceo of the blackstone group	1 Dec 2006	50% - 75%	861435
Hamilton Evans James	President of the blackstone group	1 Dec 2006	Other	821911
Michael A. (Mi Only) Puglisi	Chief financial officer of the blackstone group	1 Dec 2006	Other	2526926
Robert Laurence Friedman	Chief administrative officer and chief legal officer of the blackstone group	1 Dec 2006	Other	3222081
Joshua Benjamin Rovine	Chief compliance officer of the blackstone group	1 Dec 2006	Other	4641279
Blackstone Holdings I L.P.	Member	1 Jun 2007	75% - 100%	26-0288589
Peter David Koffler	General counsel of blackstone strategic alliance advisors l.l.c.	1 Jan 2008	Other	1749876
Brian Gavin	Chief operating officer of blackstone strategic alliance advisors l.l.c.	1 Jan 2008	Other	5656422
Arthur Cheng Ping Liao	Chief financial officer of blackstone strategic alliance advisors l.l.c.	1 Jan 2008	Other	4719473
Brian Francis Gavin	Chief operating officer of blackstone strategic alliance advisors l.l.c.	1 Jan 2008	Other	5656422
Arthur N/A Liao	Chief financial officer of blackstone strategic alliance advisors l.l.c.	1 Jan 2008	Other	4719473
Laurence Anthony Tosi	Chief financial officer of the blackstone group	1 Sep 2008	Other	4876604
John Gary Finley	Chief legal officer of the blackstone group	1 Sep 2010	Other	5837491
Blackstone Intermediary Holdco L.L.C.	Sole member	1 Jul 2011	75% - 100%	45-2537313
Hayley A. Stein	Chief compliance officer of blackstone strategic alliance advisors l.l.c.	1 Jan 2013	Other	6159987
Blackstone Holdings Ai L.P.	Sole member	1 Sep 2015	75% - 100%	47-5186314
James Tomilson Hill	Chairman of blackstone strategic alliance advisors l.l.c., vice chairman of the blackstone group	1 Jan 2018	Other	2114386
John Patrick Mccormick	President & ceo of blackstone strategic alliance advisors l.l.c.	1 Jan 2018	Other	5368490
Peter David Koffler	General counsel & chief compliance officer of blackstone strategic alliance advisors l.l.c.	1 Mar 2018	Other	1749876

Indirect Owners

The SEC currently registers 9 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
Blackstone Holdings I / Ii Gp Llc	General partner	1 Jun 2007	Other	26-0238303
The Blackstone Group Inc.	Sole member	1 Jun 2007	75% - 100%	20-8875684
Blackstone Advisory Partners L.P.	Sole member	1 Jul 2011	75% - 100%	17917
Blackstone Group Holdings L.P.	Limited partner	1 Jul 2011	75% - 100%	13-3492074
Blackstone Holdings I L.P.	Sole member	1 Jul 2011	75% - 100%	26-0288589
Blackstone Advisory Services L.L.C.	General partner	1 Jul 2011	Other	26-1124704
Blackstone Group Holdings L.L.C.	General partner	1 Jul 2011	Other	13-3901804

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.