Clients
Blackstone Liquid Credit Advisors I serves 56 clients, 43 of them insurance companies. The average client has about $922 million with the firm.
- High-net-worth individuals2%
- Pension and profit-sharing plans6 clients3%
- Insurance companies43 clients92%
- OtherBanking or thrift institutions, Pooled investment vehicles, Corporations and other businesses, Other2%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| High-net-worth individuals | Not reported | $1,038,613,618 | 2.0% | — |
| Banking or thrift institutions | Not reported | $229,640,736 | 0.4% | — |
| Pooled investment vehicles | 7 | $691,178,585 | 1.3% | $98.7M |
| Pension and profit-sharing plans | 6 | $1,703,471,339 | 3.3% | $283.9M |
| Insurance companies | 43 | $47,738,688,309 | 92.5% | $1.11B |
| Corporations and other businesses | Not reported | $226,284,263 | 0.4% | — |
| Other | Not reported | $2,947,263 | 0.0% | — |
| Total | 56 | $51,630,824,113 | 100% | $922.0M |
- Clients
- Not reported
- Regulatory AUM
- $1,038,613,618
- Share
- 2.0%
- Avg. per client
- —
- Clients
- Not reported
- Regulatory AUM
- $229,640,736
- Share
- 0.4%
- Avg. per client
- —
- Clients
- 7
- Regulatory AUM
- $691,178,585
- Share
- 1.3%
- Avg. per client
- $98.7M
- Clients
- 6
- Regulatory AUM
- $1,703,471,339
- Share
- 3.3%
- Avg. per client
- $283.9M
- Clients
- 43
- Regulatory AUM
- $47,738,688,309
- Share
- 92.5%
- Avg. per client
- $1.11B
- Clients
- Not reported
- Regulatory AUM
- $226,284,263
- Share
- 0.4%
- Avg. per client
- —
- Clients
- Not reported
- Regulatory AUM
- $2,947,263
- Share
- 0.0%
- Avg. per client
- —
Total
- Clients
- 56
- Regulatory AUM
- $51,630,824,113
- Share
- 100%
- Avg. per client
- $922.0M
What it does
Blackstone Liquid Credit Advisors I provides portfolio management for pooled vehicles and portfolio management for institutions. It is paid through a percentage of assets and performance-based fees.
Blackstone Liquid Credit Advisors I advises 5 private funds.
100.0% of assets ($51.63B across 60 accounts) are managed with discretion. 40% of clients are outside the U.S., and 3 clients received advice without assets under management last fiscal year.
What the accounts hold
- Bonds63%
- Investment grade corporate bonds47%
- High-yield corporate bonds12%
- State and local bonds3%
- U.S. government and agency bonds1%
- Cash1%
- Other36%
- Loans36%
Custodians
Blackstone Liquid Credit Advisors I’s client accounts are held mainly at The Bank of New York Mellon, with 46% of managed assets, and Citibank, National Association, with 17%. Blackstone Liquid Credit Advisors I has custody of client assets.
- The Bank of New York MellonThe Bank of New York Mellon · New York, NY · $23.72B46%
- Citibank, National AssociationCitibank, National Association · Tampa, FL · $8.78B17%
- Computershare Trust Company, National AssociationComputershare Trust Company, National Association · Columbia, MD · $7.30B14%
- J.P. MorganJpmorgan Chase Bank, National Association · New York, NY · $7.30B14%
- All other custodians$4.53B9%
Ownership and leadership
Blackstone Alternative Credit Advisors LP owns 75% or more of Blackstone Liquid Credit Advisors I.
- Owns 75% or more of Blackstone Liquid Credit Advisors I LLC
Blackstone Alternative Credit Advisors LP
Control person · since November 2009
- Owns 50% to 75% of Blackstone Alternative Credit Advisors LP
Gso Holdings I L.L.C.
Control person · since March 2008
- Owns 75% or more of Gso Holdings I L.L.C.
Blackstone Holdings II L.P.
Control person · since January 2009
- Owns 25% to 50% of Blackstone Alternative Credit Advisors LP
Gso Capital Partners GP L.L.C.
Control person · since October 2015
- Owns 75% or more of Gso Capital Partners GP L.L.C.
Stoneco IV Corporation
Control person · since October 2015
- 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 I/II GP L.L.C.
Control person · since September 2015
- 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
- Owns 75% or more of Blackstone Holdings IV GP Management L.L.C.
Blackstone Inc.
Control person · since June 2007
- Owns 50% to 75% of Blackstone Holdings IV GP L.P.
Blackstone Holdings IV GP Management (delaware) L.P.
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
- 711 employees
- 408 in advisory functions
- 72 broker-dealer reps
Fees
Blackstone Liquid Credit Advisors I is paid through a percentage of assets under management and performance-based fees.
Blackstone Liquid Credit Advisors I’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Blackstone Liquid Credit Advisors I has 5 offices, with 3 listed addresses across 3 states.
California · 1 listed address
- 101 California Street, San Francisco
District of Columbia · 1 listed address
- 1301 Pennsylvania Ave, Washington
New York · 1 listed address
- 345 Park Avenue, 31st Floor, New YorkHQ
Registration details
- Legal name
- Blackstone Liquid Credit Advisors I LLC
- Headquarters
- 345 Park Avenue, 31st Floor, New York, NY 10154
- Phone
- 212-503-2100
- Website
- www.blackstone.com
- SEC file
- 801-70830
- 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 Liquid Credit Advisors I have?
Blackstone Liquid Credit Advisors I has 56 clients and manages $51.6 billion for them, as of July 2026. They include 43 insurance companies, 7 pooled investment vehicles and 6 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 July 2026
What services does Blackstone Liquid Credit Advisors I offer?
Blackstone Liquid Credit Advisors I 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 Liquid Credit Advisors I use?
Blackstone Liquid Credit Advisors I’s separately managed account assets are held at The Bank of New York Mellon (New York, NY), with $23,720,045,358, Citibank, National Association (Tampa, FL), with $8,782,270,497, Computershare Trust Company, National Association (Columbia, MD), with $7,299,154,692 and Jpmorgan Chase Bank, National Association (New York, NY), with $7,299,154,692. 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 Liquid Credit Advisors I have?
Blackstone Liquid Credit Advisors I has 0 investment adviser representatives registered with state securities authorities, out of 711 employees, and 408 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 Liquid Credit Advisors I invest in?
At the end of its last fiscal year, Blackstone Liquid Credit Advisors I’s separately managed accounts held 47% investment grade corporate bonds, 36% loans, 12% high-yield corporate bonds, 3% state and local bonds, 1% U.S. government and agency bonds and 1% cash and equivalents. It advises 5 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 Liquid Credit Advisors I?
Blackstone Liquid Credit Advisors I is owned through a chain of holding companies by Blackstone Holdings I/II GP L.L.C., Blackstone Inc., Blackstone Holdings II L.P. and Blackstone Holdings IV GP Management (delaware) L.P. Its direct owner is Blackstone Alternative Credit Advisors LP (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 30 July 2026
How does Blackstone Liquid Credit Advisors I get paid?
Blackstone Liquid Credit Advisors I 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