{"url":"https://nivawealth.com/firms/blackstone-liquid-credit-strategies-144537","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/144537","regulatoryAum":18785432798,"crd":"144537","secFileNumber":"801-68243","legalName":"Blackstone Liquid Credit Strategies LLC","displayName":"Blackstone Liquid Credit 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":"21 August 2007","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":711,"advisory":408,"brokerDealerReps":72,"insuranceAgents":0,"promoters":2},"aum":{"discretionary":18785432798,"discretionaryAccounts":47,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":70,"nonAumClients":5},"clientTypes":[{"label":"High-net-worth individuals","clients":null,"regulatoryAum":1920964759},{"label":"Investment companies","clients":6,"regulatoryAum":8664605697},{"label":"Pooled investment vehicles","clients":37,"regulatoryAum":7768312736},{"label":"Charitable organizations","clients":null,"regulatoryAum":156216527},{"label":"Insurance companies","clients":null,"regulatoryAum":275333079}],"fees":[],"feeNotes":[],"custodians":[{"name":"The Bank of New York Mellon","shortName":"The Bank of New York Mellon","location":"New York, NY","smaAssets":431549606}],"custodyNote":"Blackstone Liquid Credit 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 Alternative Credit Advisors LP","detail":"Managing member in the 75% or more ownership band and a control person, since July 2007."},{"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":"Gso Capital Partners GP L.L.C.","detail":"Indirect owner: a general partner of Blackstone Alternative Credit Advisors LP in the 25% to 50% band and a control person, since October 2015.","parent":"Blackstone Alternative Credit Advisors LP"},{"label":"Gso Holdings I L.L.C.","detail":"Indirect owner: a limited partner of Blackstone Alternative Credit Advisors LP in the 50% to 75% band and a control person, since March 2008.","parent":"Blackstone Alternative Credit Advisors LP"},{"label":"Stoneco IV Corporation","detail":"Indirect owner: a sole member of Gso Capital Partners GP L.L.C. in the 75% or more band and a control person, since October 2015.","parent":"Gso Capital Partners GP L.L.C."},{"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 I/II GP L.L.C.","detail":"Indirect owner: general partner of Blackstone Holdings Ai L.P. and a control person, since September 2015. Also a general partner of Blackstone Holdings II L.P. in the 50% to 75% band and a control person, since June 2007.","parent":"Blackstone Holdings Ai L.P."},{"label":"Blackstone Holdings II L.P.","detail":"Indirect owner: a managing member of Gso Holdings I L.L.C. in the 75% or more band and a control person, since January 2009.","parent":"Gso Holdings I L.L.C."},{"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. Also a limited partner of Blackstone Holdings IV GP Management (delaware) L.P. in the 75% or more 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. Also general partner of Blackstone Holdings IV GP Management (delaware) L.P. and a control person, since July 2026.","parent":"Blackstone Holdings IV GP Limited Partner L.L.C."},{"label":"Blackstone Holdings IV GP Management (delaware) L.P.","detail":"Indirect owner: a general 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 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":5,"privateResidences":0},"listedOfficeAddresses":3,"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"101 California Street","city":"San Francisco"}]},{"state":"District of Columbia","offices":1,"addresses":[{"street":"1301 Pennsylvania Ave","city":"Washington"}]},{"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":1},{"label":"Investment grade corporate bonds","percent":2},{"label":"Non-investment grade corporate bonds","percent":3},{"label":"Other","percent":95,"detail":"Loans"}],"privateFunds":24},"sources":{"adv1FilingDate":"30 July 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/144537/PDF/144537.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 Liquid Credit Strategies have?","answer":"Blackstone Liquid Credit Strategies has 43 clients and manages $18.8 billion for them, as of July 2026. They include 37 pooled investment vehicles and 6 investment companies.","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 Liquid Credit Strategies offer?","answer":"Blackstone Liquid Credit 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 Liquid Credit Strategies use?","answer":"Blackstone Liquid Credit Strategies’ separately managed account assets are held at The Bank of New York Mellon (New York, NY), with $431,549,606. 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 Liquid Credit Strategies have?","answer":"Blackstone Liquid Credit Strategies 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Blackstone Liquid Credit Strategies invest in?","answer":"At the end of its last fiscal year, Blackstone Liquid Credit Strategies’ separately managed accounts held 95% loans, 3% high-yield corporate bonds, 2% investment grade corporate bonds and 1% U.S. government and agency bonds. It advises 24 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 Liquid Credit Strategies?","answer":"Blackstone Liquid Credit Strategies is owned through a chain of holding companies by Blackstone Inc., Blackstone Holdings II L.P., Blackstone Holdings IV GP Management L.L.C. 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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Blackstone Liquid Credit Strategies get paid?","answer":"Blackstone Liquid Credit 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."}