Clients
Blackstone Credit Systematic Strategies serves 44 clients, 18 of them pooled investment vehicles. The average client has about $812 million with the firm.
- Investment companies3 clients3%
- Pooled investment vehicles18 clients19%
- Pension and profit-sharing plans11 clients12%
- Insurance companies12 clients59%
- Other5%
- OtherOther investment advisers, Corporations and other businesses2%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Investment companies | 3 | $1,089,458,322 | 3.1% | $363.2M |
| Pooled investment vehicles | 18 | $6,890,457,340 | 19.3% | $382.8M |
| Pension and profit-sharing plans | 11 | $4,298,822,558 | 12.0% | $390.8M |
| Other investment advisers | Not reported | $629,550,497 | 1.8% | — |
| Insurance companies | 12 | $20,928,140,169 | 58.6% | $1.74B |
| Corporations and other businesses | Not reported | $68,363,568 | 0.2% | — |
| Other | Not reported | $1,805,826,888 | 5.1% | — |
| Total | 44 | $35,710,619,342 | 100% | $811.6M |
- Clients
- 3
- Regulatory AUM
- $1,089,458,322
- Share
- 3.1%
- Avg. per client
- $363.2M
- Clients
- 18
- Regulatory AUM
- $6,890,457,340
- Share
- 19.3%
- Avg. per client
- $382.8M
- Clients
- 11
- Regulatory AUM
- $4,298,822,558
- Share
- 12.0%
- Avg. per client
- $390.8M
- Clients
- Not reported
- Regulatory AUM
- $629,550,497
- Share
- 1.8%
- Avg. per client
- —
- Clients
- 12
- Regulatory AUM
- $20,928,140,169
- Share
- 58.6%
- Avg. per client
- $1.74B
- Clients
- Not reported
- Regulatory AUM
- $68,363,568
- Share
- 0.2%
- Avg. per client
- —
- Clients
- Not reported
- Regulatory AUM
- $1,805,826,888
- Share
- 5.1%
- Avg. per client
- —
Total
- Clients
- 44
- Regulatory AUM
- $35,710,619,342
- Share
- 100%
- Avg. per client
- $811.6M
What it does
Blackstone Credit Systematic Strategies provides portfolio management for investment companies, portfolio management for pooled vehicles and portfolio management for institutions. It is paid through a percentage of assets and performance-based fees.
Blackstone Credit Systematic Strategies advises 1 private funds.
98.6% of assets ($35.22B across 46 accounts) are managed with discretion; $491.8M across 2 accounts are not. 48% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Bonds99%
- Investment grade corporate bonds68%
- High-yield corporate bonds28%
- U.S. government and agency bonds3%
- Cash1%
Custodians
Blackstone Credit Systematic Strategies’ client accounts are held mainly at Citibank, National Association, with 39% of managed assets, and The Bank of New York Mellon, with 24%. Blackstone Credit Systematic Strategies has custody of client assets.
- The Bank of New York MellonThe Bank of New York Mellon · New York, NY · $8.40B24%
- Citibank, National AssociationCitibank, National Association · New York, NY · $13.88B39%
- All other custodians$13.44B38%
Ownership and leadership
Blackstone Intermediary Holdco L.L.C. owns 75% or more of Blackstone Credit Systematic Strategies.
- Owns 75% or more of Blackstone Credit Systematic Strategies LLC
Blackstone Intermediary Holdco L.L.C.
Control person · since January 2024
- Owns 75% or more of Blackstone Intermediary Holdco L.L.C.
Blackstone Securities Partners L.P.
Control person · since July 2011
- Owns 75% or more of Blackstone Securities Partners L.P.
Blackstone Group Holdings L.P.
Control person · since July 2011
- Owns 75% or more of Blackstone Group Holdings L.P.
Blackstone Holdings I L.P.
Control person · since July 2011
- Owns 50% to 75% of Blackstone Holdings I L.P.
Blackstone Holdings I/II GP L.L.C.
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
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
- 630 employees
- 339 in advisory functions
- 72 broker-dealer reps
- 3 soliciting firms
Fees
Blackstone Credit Systematic Strategies is paid through a percentage of assets under management and performance-based fees.
Blackstone Credit Systematic Strategies’ fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Blackstone Credit Systematic Strategies has 3 offices, with 2 listed addresses across 2 states.
California · 1 listed address
- 101 California Street, San Francisco
New York · 1 listed address
- 345 Park Avenue, 31st Floor, New YorkHQ
Registration details
- Legal name
- Blackstone Credit Systematic Strategies LLC
- Headquarters
- 345 Park Avenue, 31st Floor, New York, NY 10154
- Phone
- 212-503-2100
- Website
- www.blackstone.com
- SEC file
- 801-63857
- Structure
- Delaware LLC
- 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 Credit Systematic Strategies have?
Blackstone Credit Systematic Strategies has 44 clients and manages $35.7 billion for them, as of March 2026. They include 18 pooled investment vehicles, 12 insurance companies and 11 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026
What services does Blackstone Credit Systematic Strategies offer?
Blackstone Credit Systematic Strategies provides portfolio management for investment companies, 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 Credit Systematic Strategies use?
Blackstone Credit Systematic Strategies’ separately managed account assets are held at Citibank, National Association (New York, NY), with $13,875,679,741 and The Bank of New York Mellon (New York, NY), with $8,399,687,361. 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 March 2026
How many financial advisors does Blackstone Credit Systematic Strategies have?
Blackstone Credit Systematic Strategies has 0 investment adviser representatives registered with state securities authorities, out of 630 employees, and 339 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 Credit Systematic Strategies invest in?
At the end of its last fiscal year, Blackstone Credit Systematic Strategies’ separately managed accounts held 68% investment grade corporate bonds, 28% high-yield corporate bonds, 3% U.S. government and agency bonds and 1% cash and equivalents. It advises 1 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 Credit Systematic Strategies?
Blackstone Credit Systematic Strategies is owned through a chain of holding companies by Blackstone Inc. Its direct owner is Blackstone Intermediary Holdco L.L.C. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 30 March 2026
How does Blackstone Credit Systematic Strategies get paid?
Blackstone Credit Systematic Strategies 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