{"url":"https://nivawealth.com/firms/blackstone-asset-based-finance-advisors-120934","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/120934","regulatoryAum":70449957304,"crd":"120934","secFileNumber":"801-61467","legalName":"Blackstone Asset Based Finance Advisors LP","displayName":"Blackstone Asset Based Finance Advisors","website":"https://www.blackstone.com","founded":null,"organization":"Delaware limited partnership","fiscalYearEnd":"December","headquarters":{"street":"345 Park Avenue, 24th Floor","city":"New York","state":"NY","stateName":"New York","country":"United States","postalCode":"10154"},"tradeNames":[],"registration":{"secApproved":"23 September 2002","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":677,"advisory":386,"brokerDealerReps":72,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":66611391109,"discretionaryAccounts":107,"nonDiscretionary":3838566195,"nonDiscretionaryAccounts":6,"wrapProgram":null,"nonUsClientsPct":13,"nonAumClients":1},"clientTypes":[{"label":"Pooled investment vehicles","clients":40,"regulatoryAum":2599491046},{"label":"Pension and profit-sharing plans","clients":2,"regulatoryAum":302336949},{"label":"State or municipal government entities","clients":1,"regulatoryAum":98620267},{"label":"Insurance companies","clients":70,"regulatoryAum":67449509042}],"fees":[],"feeNotes":[],"custodians":[{"name":"The Bank of New York Mellon","shortName":"The Bank of New York Mellon","location":"New York, NY","smaAssets":37315591478},{"name":"Citibank, National Association","shortName":"Citibank, National Association","location":"Tampa, FL","smaAssets":13300238086}],"custodyNote":"Blackstone Asset Based Finance 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":"Blackstone Holdings I L.P.","detail":"Limited partner in the 75% or more ownership band and a control person, since June 2007. Also a sole member of Bclo Advisors L.L.C. in the 75% or more band and a control person, since June 2007."},{"label":"Stoneco IV Corporation","detail":"Limited partner in the 5% to 10% ownership band, since June 2007."},{"label":"Blackstone Holdings I/II GP L.L.C.","detail":"Indirect owner: general partner of Blackstone Holdings I L.P. 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 I L.P."},{"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 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 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.","parent":"Blackstone Holdings IV GP 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.","parent":"Blackstone Holdings IV GP Limited Partner L.L.C."},{"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."},{"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."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":6,"privateResidences":0},"listedOfficeAddresses":2,"officesByState":[{"state":"New York","offices":1,"addresses":[{"street":"345 Park Avenue, 24th 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":"Other","percent":100,"detail":"Asset Backed Securities and Whole Loans"}],"privateFunds":37},"sources":{"adv1FilingDate":"30 July 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/120934/PDF/120934.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 Asset Based Finance Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Blackstone Asset Based Finance Advisors offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Blackstone Asset Based Finance Advisors use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Blackstone Asset Based Finance Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Blackstone Asset Based Finance Advisors invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Blackstone Asset Based Finance Advisors?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Blackstone Asset Based Finance Advisors get paid?","answer":"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","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."}