Private fund adviser · Cambridge, MA
Blackstone Life Sciences Advisors L.L.C.
SEC-registered investment adviser · CRD 304477 · SEC 801-116920
At a glance
Blackstone Life Sciences Advisors L.L.C. is an SEC-registered investment adviser based in Cambridge, Massachusetts, with $13.2 billion in regulatory assets under management as of its Form ADV filed March 30, 2026. Its largest client group by assets is pooled investment vehicles. By Form ADV it is a private fund adviser, ranked 510th of 4,686 private fund advisers and 1,140th of 17,210 SEC-registered advisers by assets.
Main office 617-949-2200blackstone.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $13B
- Rank among private fund advisers
- #510 of 4,686
- Rank among all SEC RIAs
- #1,140 of 17,210
- Rank in Massachusetts
- #79 of 627
- Clients
- 11
- Accounts
- 11
- Discretionary
- 100% of AUM
- Employees
- 31
- Advisory staff
- 21
- Offices
- 1
Owners and executives on its Form ADV
- Joseph P. BarattaGlobal Head of Private Equity
- Nicholas G. GalakatosGlobal Head of Life Sciences
- Robert W. LiptakChief Financial Officer, Chief Operating Officer
- Alicia M. NovakChief Compliance Officer
Custody and brokerage
Custodian
Blackstone Life Sciences Advisors L.L.C.’s Form ADV lists no custodian for separately managed accounts. Firms report one only when they manage $10 million or more in those accounts.
Broker-dealer
Affiliated broker-dealer
It names affiliated broker-dealers: Blackstone Securities Partners L.P., Currencies Direct LTD and Everlake Distributors, L.L.C..
- 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
- Currencies Direct LTD
- Everlake Distributors, L.L.C.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Pooled investment vehicles | 11 | $13B | 100% |
Private funds
Blackstone Life Sciences Advisors L.L.C. reports 9 private funds with $13B in gross assets: private equity funds, other private funds (Form ADV Item 7.B).
Disciplinary disclosures
Blackstone Life Sciences Advisors L.L.C. reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for pooled investment vehicles
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 ↗
AtlasMembers
The full record on Blackstone Life Sciences Advisors L.L.C.
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, 6 years of filings
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- Growth over one, three and five years
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- Rank against 878 peers of its type and size
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- Owners and executives, with titles and stakes
- 4 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
- 1Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Blackstone Life Sciences Advisors L.L.C. manage?
Blackstone Life Sciences Advisors L.L.C. reports $13.2 billion in regulatory assets under management across 11 accounts, 100% of it on a discretionary basis, on its Form ADV filed March 30, 2026.
What kind of firm is Blackstone Life Sciences Advisors L.L.C.?
Blackstone Life Sciences Advisors L.L.C. 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 Life Sciences Advisors L.L.C.’s clients?
By assets, its largest client types are pooled investment vehicles ($13.2 billion, 11 clients).
Does Blackstone Life Sciences Advisors L.L.C. manage private funds?
Yes. It reports 9 private funds with $13.2 billion in gross assets, including private equity funds, other private funds.
Does Blackstone Life Sciences Advisors L.L.C. have any disciplinary history?
Blackstone Life Sciences Advisors L.L.C. reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is Blackstone Life Sciences Advisors L.L.C.’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 (2026-03-30), 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 →