{"url":"https://nivawealth.com/firms/blackstone-alternative-credit-advisors-137519","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/137519","regulatoryAum":44105467693,"crd":"137519","secFileNumber":"801-65207","legalName":"Blackstone Alternative Credit Advisors LP","displayName":"Blackstone Alternative Credit Advisors","website":"https://www.blackstone.com/","founded":null,"organization":"Delaware limited partnership","fiscalYearEnd":"December","headquarters":{"street":"345 Park Avenue, 31st Floor","city":"New York","state":"NY","stateName":"New York","country":"United States","postalCode":"10154"},"tradeNames":[],"registration":{"secApproved":"18 January 2006","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":753,"advisory":443,"brokerDealerReps":72,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":42568724917,"discretionaryAccounts":127,"nonDiscretionary":1536742776,"nonDiscretionaryAccounts":9,"wrapProgram":null,"nonUsClientsPct":52,"nonAumClients":2},"clientTypes":[{"label":"Pooled investment vehicles","clients":124,"regulatoryAum":37470882503},{"label":"Insurance companies","clients":12,"regulatoryAum":6634585190}],"fees":[],"feeNotes":[],"custodians":[{"name":"The Bank of New York Mellon","shortName":"The Bank of New York Mellon","location":"New York, NY","smaAssets":1922709345},{"name":"Citibank, National Association","shortName":"Citibank, National Association","location":"New York, NY","smaAssets":1621182214},{"name":"BNP Paribas","shortName":"BNP Paribas","location":"Sydney","smaAssets":3072507351}],"custodyNote":"Blackstone Alternative Credit Advisors has custody of client assets.","otherCustodians":[],"leadership":[{"name":"William Skinner","title":"Chief Financial Officer","crd":"5812821"},{"name":"Ida Hoghooghi","title":"Chief Operating Officer","crd":"4889351"},{"name":"Panayiota (Toula) Bougiamas","title":"Chief Compliance Officer","crd":"7189915"},{"name":"Marisa Beeney","title":"General Counsel","crd":"5764686"},{"name":"Gilles Dellaert","title":"Global Head of Blackstone Credit and Insurance","crd":"4664163"}],"ownership":[{"label":"Gso Capital Partners GP L.L.C.","detail":"General partner in the 25% to 50% ownership band and a control person, since October 2015."},{"label":"Gso Holdings I L.L.C.","detail":"Limited partner in the 50% to 75% ownership band and a control person, since March 2008."},{"label":"Stoneco IV Corporation","detail":"Indirect owner: a sole member of Gso Capital Partners GP L.L.C. in the 75% or more band and a control person, since October 2015.","parent":"Gso Capital Partners GP L.L.C."},{"label":"Blackstone Holdings Ai L.P.","detail":"Indirect owner: a shareholder of Stoneco IV Corporation in the 75% or more band and a control person, since July 2019.","parent":"Stoneco IV Corporation"},{"label":"Blackstone Inc.","detail":"Indirect owner: a sole member of Blackstone Holdings I/II GP L.L.C. in the 75% or more band and a control person, since June 2007. Also a sole member of Blackstone Holdings IV GP Management L.L.C. in the 75% or more band and a control person, since June 2007.","parent":"Blackstone Holdings I/II GP L.L.C."},{"label":"Blackstone Holdings I/II GP L.L.C.","detail":"Indirect owner: a general partner of Blackstone Holdings II L.P. in the 50% to 75% band and a control person, since June 2007. Also general partner of Blackstone Holdings Ai L.P. and a control person, since September 2015.","parent":"Blackstone Holdings II L.P."},{"label":"Blackstone Holdings IV GP Management L.L.C.","detail":"Indirect owner: a sole member of Blackstone Holdings IV GP Limited Partner L.L.C. in the 75% or more band and a control person, since June 2007. Also general partner of Blackstone Holdings IV GP Management (delaware) L.P. and a control person, since July 2026.","parent":"Blackstone Holdings IV GP Limited Partner L.L.C."},{"label":"Blackstone Holdings II L.P.","detail":"Indirect owner: a managing member of Gso Holdings I L.L.C. in the 75% or more band and a control person, since January 2009.","parent":"Gso Holdings I L.L.C."},{"label":"Blackstone Holdings IV GP Limited Partner L.L.C.","detail":"Indirect owner: a limited partner of Blackstone Holdings IV GP L.P. in the 50% to 75% band and a control person, since June 2007. Also a limited partner of Blackstone Holdings IV GP Management (delaware) L.P. in the 75% or more band and a control person, since June 2007.","parent":"Blackstone Holdings IV GP L.P."},{"label":"Blackstone Holdings IV GP Management (delaware) L.P.","detail":"Indirect owner: a general partner of Blackstone Holdings IV GP L.P. in the 50% to 75% band and a control person, since June 2007.","parent":"Blackstone Holdings IV GP L.P."},{"label":"Blackstone Holdings IV Limited Partner L.L.C.","detail":"Indirect owner: a limited partner of Blackstone Holdings Ai L.P. in the 50% to 75% band and a control person, since July 2026.","parent":"Blackstone Holdings Ai L.P."},{"label":"Blackstone Holdings IV GP L.P.","detail":"Indirect owner: a sole member of Blackstone Holdings IV Limited Partner L.L.C. in the 75% or more band and a control person, since July 2026.","parent":"Blackstone Holdings IV Limited Partner L.L.C."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":13,"privateResidences":0},"listedOfficeAddresses":6,"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"101 California Street","city":"San Francisco"}]},{"state":"Florida","offices":1,"addresses":[{"street":"2 Miamicentral","city":"Miami"}]},{"state":"Illinois","offices":1,"addresses":[{"street":"110 N Wacker DR","city":"Chicago"}]},{"state":"Massachusetts","offices":1,"addresses":[{"street":"314 Main Street","city":"Cambridge"}]},{"state":"New York","offices":1,"addresses":[{"street":"345 Park Avenue, 31st Floor","city":"New York","headquarters":true}]},{"state":"Texas","offices":1,"addresses":[{"street":"1111 Bagby Street","city":"Houston"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"212-503-2100","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":null,"assetMix":[{"label":"Non-exchange-traded equity securities","percent":7},{"label":"Investment grade corporate bonds","percent":2},{"label":"Non-investment grade corporate bonds","percent":8},{"label":"Cash and cash equivalents","percent":2},{"label":"Other","percent":81,"detail":"Loans"}],"privateFunds":87},"sources":{"adv1FilingDate":"30 July 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/137519/PDF/137519.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Blackstone Alternative Credit Advisors have?","answer":"Blackstone Alternative Credit Advisors has 136 clients and manages $44.1 billion for them, as of July 2026. They include 124 pooled investment vehicles and 12 insurance companies.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 30 July 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Blackstone Alternative Credit Advisors offer?","answer":"Blackstone Alternative Credit Advisors provides portfolio management for pooled vehicles and portfolio management for institutions.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Blackstone Alternative Credit Advisors use?","answer":"Blackstone Alternative Credit Advisors’ separately managed account assets are held at BNP Paribas (Sydney), with $3,072,507,351, The Bank of New York Mellon (New York, NY), with $1,922,709,345 and Citibank, National Association (New York, NY), with $1,621,182,214. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 July 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Blackstone Alternative Credit Advisors have?","answer":"Blackstone Alternative Credit Advisors has 0 investment adviser representatives registered with state securities authorities, out of 753 employees, and 443 perform investment advisory functions. 72 are registered representatives of a broker-dealer and 0 are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Blackstone Alternative Credit Advisors invest in?","answer":"At the end of its last fiscal year, Blackstone Alternative Credit Advisors’ separately managed accounts held 81% loans, 8% high-yield corporate bonds, 7% non-exchange-traded equities, 2% investment grade corporate bonds and 2% cash and equivalents. It advises 87 private funds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Blackstone Alternative Credit Advisors?","answer":"Blackstone Alternative Credit Advisors is owned through a chain of holding companies by Blackstone Inc., Blackstone Holdings IV GP Management L.L.C. and Blackstone Holdings IV GP Management (delaware) L.P. Its direct owners are Gso Capital Partners GP L.L.C. (25% to 50%) and Gso Holdings I L.L.C. (50% to 75%).","source":"Form ADV Part 1A, Schedules A and B, filed 30 July 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Blackstone Alternative Credit Advisors get paid?","answer":"Blackstone Alternative Credit Advisors is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}