Clients
Blackstone Asset Based Finance Advisors serves 113 clients, 70 of them insurance companies. The average client has about $623 million with the firm.
- Pooled investment vehicles40 clients4%
- Insurance companies70 clients96%
- OtherPension and profit-sharing plans, State or municipal government entities1%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 40 | $2,599,491,046 | 3.7% | $65.0M |
| Pension and profit-sharing plans | 2 | $302,336,949 | 0.4% | $151.2M |
| State or municipal government entities | 1 | $98,620,267 | 0.1% | $98.6M |
| Insurance companies | 70 | $67,449,509,042 | 95.7% | $963.6M |
| Total | 113 | $70,449,957,304 | 100% | $623.5M |
- Clients
- 40
- Regulatory AUM
- $2,599,491,046
- Share
- 3.7%
- Avg. per client
- $65.0M
- Clients
- 2
- Regulatory AUM
- $302,336,949
- Share
- 0.4%
- Avg. per client
- $151.2M
- Clients
- 1
- Regulatory AUM
- $98,620,267
- Share
- 0.1%
- Avg. per client
- $98.6M
- Clients
- 70
- Regulatory AUM
- $67,449,509,042
- Share
- 95.7%
- Avg. per client
- $963.6M
Total
- Clients
- 113
- Regulatory AUM
- $70,449,957,304
- Share
- 100%
- Avg. per client
- $623.5M
What it does
Blackstone Asset Based Finance Advisors provides portfolio management for pooled vehicles and portfolio management for institutions. It is paid through a percentage of assets and performance-based fees.
Blackstone Asset Based Finance Advisors advises 37 private funds.
94.6% of assets ($66.61B across 107 accounts) are managed with discretion; $3.84B across 6 accounts are not. 13% of clients are outside the U.S., and 1 clients received advice without assets under management last fiscal year.
What the accounts hold
- Other100%
- Asset backed securities and whole loans100%
Custodians
Blackstone Asset Based Finance Advisors’ client accounts are held mainly at The Bank of New York Mellon, with 53% of managed assets, and Citibank, National Association, with 19%. Blackstone Asset Based Finance Advisors has custody of client assets.
- The Bank of New York MellonThe Bank of New York Mellon · New York, NY · $37.32B53%
- Citibank, National AssociationCitibank, National Association · Tampa, FL · $13.30B19%
- All other custodians$19.83B28%
Ownership and leadership
Blackstone Holdings I L.P. owns 75% or more of Blackstone Asset Based Finance Advisors.
- Owns 75% or more of Blackstone Asset Based Finance Advisors LP
Blackstone Holdings I L.P.
Control person · since June 2007
Blackstone Holdings I/II GP L.L.C.
General partner · Control person · since June 2007
- Owns 75% or more of Blackstone Holdings I/II GP L.L.C.
Blackstone Inc.
Control person · since June 2007
- Owns 5% to 10% of Blackstone Asset Based Finance Advisors LP
Stoneco IV Corporation
since June 2007
- Owns 75% or more of Stoneco IV Corporation
Blackstone Holdings Ai L.P.
Control person · since July 2019
- Owns 50% to 75% of Blackstone Holdings Ai L.P.
Blackstone Holdings IV Limited Partner L.L.C.
Control person · since July 2026
- Owns 75% or more of Blackstone Holdings IV Limited Partner L.L.C.
Blackstone Holdings IV GP L.P.
Control person · since July 2026
- Owns 50% to 75% of Blackstone Holdings IV GP L.P.
Blackstone Holdings IV GP Limited Partner L.L.C.
Control person · since June 2007
- Owns 75% or more of Blackstone Holdings IV GP Limited Partner L.L.C.
Blackstone Holdings IV GP Management L.L.C.
Control person · since June 2007
Leadership
- William SkinnerChief Financial Officer
- Ida HoghooghiChief Operating Officer
- Panayiota (Toula) BougiamasChief Compliance Officer
- Marisa BeeneyGeneral Counsel
- Gilles DellaertGlobal Head of Blackstone Credit and Insurance
Staff
- 677 employees
- 386 in advisory functions
- 72 broker-dealer reps
Fees
Blackstone Asset Based Finance Advisors is paid through a percentage of assets under management and performance-based fees.
Blackstone Asset Based Finance Advisors’ fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Blackstone Asset Based Finance Advisors has 6 offices, with 2 listed addresses across 2 states.
New York · 1 listed address
- 345 Park Avenue, 24th Floor, New YorkHQ
Texas · 1 listed address
- 1111 Bagby Street, Houston
Registration details
- Legal name
- Blackstone Asset Based Finance Advisors LP
- Headquarters
- 345 Park Avenue, 24th Floor, New York, NY 10154
- Phone
- 212-503-2100
- Website
- www.blackstone.com
- SEC file
- 801-61467
- Structure
- Delaware limited partnership
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Blackstone Asset Based Finance Advisors have?
Blackstone Asset Based Finance Advisors has 113 clients and manages $70.4 billion for them, as of July 2026. They include 70 insurance companies, 40 pooled investment vehicles and 2 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 July 2026
What services does Blackstone Asset Based Finance Advisors offer?
Blackstone Asset Based Finance 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
Which custodians does Blackstone Asset Based Finance Advisors use?
Blackstone Asset Based Finance Advisors’ separately managed account assets are held at The Bank of New York Mellon (New York, NY), with $37,315,591,478 and Citibank, National Association (Tampa, FL), with $13,300,238,086. 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
How many financial advisors does Blackstone Asset Based Finance Advisors have?
Blackstone Asset Based Finance Advisors has 0 investment adviser representatives registered with state securities authorities, out of 677 employees, and 386 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
What does Blackstone Asset Based Finance Advisors invest in?
At the end of its last fiscal year, Blackstone Asset Based Finance Advisors’ separately managed accounts held 100% asset backed securities and whole loans. It advises 37 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Blackstone Asset Based Finance Advisors?
Blackstone Asset Based Finance Advisors is owned through a chain of holding companies by Blackstone Inc. and Blackstone Holdings IV GP Management L.L.C. Its direct owners are Blackstone Holdings I L.P. (75% or more) and Stoneco IV Corporation (5% to 10%).
Source: Form ADV Part 1A, Schedules A and B, filed 30 July 2026
How does Blackstone Asset Based Finance Advisors get paid?
Blackstone Asset Based Finance 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
