{"url":"https://nivawealth.com/firms/blackstone-credit-systematic-strategies-134018","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/134018","regulatoryAum":35710619342,"crd":"134018","secFileNumber":"801-63857","legalName":"Blackstone Credit Systematic Strategies LLC","displayName":"Blackstone Credit Systematic Strategies","website":"https://www.blackstone.com/","founded":null,"organization":"Delaware limited liability company","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":"7 February 2005","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":630,"advisory":339,"brokerDealerReps":72,"insuranceAgents":0,"promoters":3},"aum":{"discretionary":35218820469,"discretionaryAccounts":46,"nonDiscretionary":491798873,"nonDiscretionaryAccounts":2,"wrapProgram":null,"nonUsClientsPct":48,"nonAumClients":0},"clientTypes":[{"label":"Investment companies","clients":3,"regulatoryAum":1089458322},{"label":"Pooled investment vehicles","clients":18,"regulatoryAum":6890457340},{"label":"Pension and profit-sharing plans","clients":11,"regulatoryAum":4298822558},{"label":"Other investment advisers","clients":null,"regulatoryAum":629550497},{"label":"Insurance companies","clients":12,"regulatoryAum":20928140169},{"label":"Corporations and other businesses","clients":null,"regulatoryAum":68363568},{"label":"Other","clients":null,"regulatoryAum":1805826888}],"fees":[],"feeNotes":[],"custodians":[{"name":"The Bank of New York Mellon","shortName":"The Bank of New York Mellon","location":"New York, NY","smaAssets":8399687361},{"name":"Citibank, National Association","shortName":"Citibank, National Association","location":"New York, NY","smaAssets":13875679741}],"custodyNote":"Blackstone Credit Systematic Strategies 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 Intermediary Holdco L.L.C.","detail":"Sole member in the 75% or more ownership band and a control person, since January 2024."},{"label":"Blackstone Holdings I/II GP L.L.C.","detail":"Indirect owner: a general partner of Blackstone Holdings I L.P. in the 50% to 75% band and a control person, since June 2007.","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.","parent":"Blackstone Holdings I/II GP L.L.C."},{"label":"Blackstone Holdings I L.P.","detail":"Indirect owner: a limited partner of Blackstone Group Holdings L.P. in the 75% or more band and a control person, since July 2011.","parent":"Blackstone Group Holdings L.P."},{"label":"Blackstone Securities Partners L.P.","detail":"Indirect owner: a sole member of Blackstone Intermediary Holdco L.L.C. in the 75% or more band and a control person, since July 2011.","parent":"Blackstone Intermediary Holdco L.L.C."},{"label":"Blackstone Group Holdings L.P.","detail":"Indirect owner: a limited partner of Blackstone Securities Partners L.P. in the 75% or more band and a control person, since July 2011.","parent":"Blackstone Securities Partners L.P."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":3,"privateResidences":0},"listedOfficeAddresses":2,"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"101 California Street","city":"San Francisco"}]},{"state":"New York","offices":1,"addresses":[{"street":"345 Park Avenue, 31st Floor","city":"New York","headquarters":true}]}],"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 investment companies","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":"U.S. government/agency bonds","percent":3},{"label":"Investment grade corporate bonds","percent":68},{"label":"Non-investment grade corporate bonds","percent":28},{"label":"Cash and cash equivalents","percent":1}],"privateFunds":1},"sources":{"adv1FilingDate":"30 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/134018/PDF/134018.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 Credit Systematic Strategies have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Blackstone Credit Systematic Strategies offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Blackstone Credit Systematic Strategies use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Blackstone Credit Systematic Strategies have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Blackstone Credit Systematic Strategies invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Blackstone Credit Systematic Strategies?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Blackstone Credit Systematic Strategies get paid?","answer":"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","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."}