Private fund adviser · New York, NY
Blackstone Alternative Credit Advisors LP
SEC-registered investment adviser · CRD 137519 · SEC 801-65207
At a glance
Blackstone Alternative Credit Advisors LP is an SEC-registered investment adviser based in New York, New York, with $44.1 billion in regulatory assets under management as of its Form ADV filed July 30, 2026. Its largest client group by assets is pooled investment vehicles. By Form ADV it is a private fund adviser, ranked 178th of 4,686 private fund advisers and 477th of 17,210 SEC-registered advisers by assets.
Main office 212-503-2100blackstone.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $44B
- Rank among private fund advisers
- #178 of 4,686
- Rank among all SEC RIAs
- #477 of 17,210
- Rank in New York
- #124 of 2,591
- Clients
- 136
- Accounts
- 136
- Discretionary
- 97% of AUM
- Employees
- 753
- Advisory staff
- 443
- Offices
- 14
Owners and executives on its Form ADV
- Marisa J. BeeneyGeneral Counsel
- Panayiota (Toula) K. BougiamasChief Compliance Officer
- Gilles M. DellaertGlobal Head of Blackstone Credit and Insurance
- William P SkinnerChief Financial Officer
- Ida HoghooghiChief Operating Officer
Custody and brokerage
3 custodians
Other RIAs using BNP Paribas Securities Services Australia BranchOther multi-custodian RIAs
Broker-dealer
Hybrid RIA
Blackstone Alternative Credit Advisors LP is a hybrid RIA: 72 of its employees are also registered representatives of a broker-dealer. It names affiliated broker-dealers: ASK Investment Managers LTD., Blackstone Securities Partners L.P., Everlake Distributors, L.L.C. and Redpin Holdings LTD..
- ASK Investment Managers LTD.
- Blackstone Securities Partners L.P. ↗CRD 17917
It doesn’t hold client accounts or customer funds itself. Its annual audited report filed with the SEC, February 2026
- Everlake Distributors, L.L.C.
- Redpin Holdings LTD.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Pooled investment vehicles | 124 | $37B | 85% |
| Insurance companies | 12 | $6.6B | 15% |
Private funds
Blackstone Alternative Credit Advisors LP reports 87 private funds with $35B in gross assets: private equity funds, securitized asset funds (Form ADV Item 7.B).
Disciplinary disclosures
Blackstone Alternative Credit Advisors LP answers yes to 3 disclosure items in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
How it’s paid
- A percentage of assets under management
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗blackstone.com ↗
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Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Rank against 396 peers of its type and size
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- 5 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Background
Questions
How much does Blackstone Alternative Credit Advisors LP manage?
Blackstone Alternative Credit Advisors LP reports $44.1 billion in regulatory assets under management across 136 accounts, 97% of it on a discretionary basis, on its Form ADV filed July 30, 2026.
What kind of firm is Blackstone Alternative Credit Advisors LP?
Blackstone Alternative Credit Advisors LP is a private fund adviser by its Form ADV answers. Private funds are at least half of its business by assets. It reports a bank or thrift among its related persons. A public reporting company controls it.
Who are Blackstone Alternative Credit Advisors LP’s clients?
By assets, its largest client types are pooled investment vehicles ($37.5 billion, 124 clients); insurance companies ($6.6 billion, 12 clients).
Does Blackstone Alternative Credit Advisors LP manage private funds?
Yes. It reports 87 private funds with $35.0 billion in gross assets, including private equity funds, securitized asset funds.
Does Blackstone Alternative Credit Advisors LP have any disciplinary history?
Blackstone Alternative Credit Advisors LP answers yes to 3 disclosure items in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.
Where these numbers come from
Every figure is Blackstone Alternative Credit Advisors LP’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-07-30), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →