Clients
Blackstone Private Credit Strategies serves 95 clients, 70 of them pooled investment vehicles. The average client has about $610 million with the firm.
- Pooled investment vehicles70 clients89%
- Insurance companies22 clients8%
- OtherHigh-net-worth individuals, Investment companies3%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| High-net-worth individuals | Not reported | $1,109,395,197 | 1.9% | — |
| Investment companies | 1 | $738,932,000 | 1.3% | $738.9M |
| Business development companies | 2 | $0 | 0.0% | $0 |
| Pooled investment vehicles | 70 | $51,559,804,246 | 89.0% | $736.6M |
| Insurance companies | 22 | $4,515,892,684 | 7.8% | $205.3M |
| Total | 95 | $57,924,024,127 | 100% | $609.7M |
- Clients
- Not reported
- Regulatory AUM
- $1,109,395,197
- Share
- 1.9%
- Avg. per client
- —
- Clients
- 1
- Regulatory AUM
- $738,932,000
- Share
- 1.3%
- Avg. per client
- $738.9M
- Clients
- 2
- Regulatory AUM
- $0
- Share
- 0.0%
- Avg. per client
- $0
- Clients
- 70
- Regulatory AUM
- $51,559,804,246
- Share
- 89.0%
- Avg. per client
- $736.6M
- Clients
- 22
- Regulatory AUM
- $4,515,892,684
- Share
- 7.8%
- Avg. per client
- $205.3M
Total
- Clients
- 95
- Regulatory AUM
- $57,924,024,127
- Share
- 100%
- Avg. per client
- $609.7M
What it does
Blackstone Private Credit 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 Private Credit Strategies advises 54 private funds.
99.5% of assets ($57.62B across 93 accounts) are managed with discretion; $305.2M across 3 accounts are not. 54% of clients are outside the U.S., and 10 clients received advice without assets under management last fiscal year.
What the accounts hold
- Bonds6%
- Investment grade corporate bonds5%
- High-yield corporate bonds1%
- Other94%
- Loans94%
Custodians
Blackstone Private Credit Strategies’ client accounts are held mainly at The Bank of New York Mellon, with 5% of managed assets, and J.P. Morgan, with 2%. Blackstone Private Credit Strategies has custody of client assets.
- The Bank of New York MellonThe Bank of New York Mellon · New York, NY · $3.11B5%
- J.P. MorganJpmorgan Chase Bank, National Association · New York, NY · $1.15B2%
- All other custodians$53.66B93%
Ownership and leadership
Blackstone Intermediary Holdco L.L.C. owns 75% or more of Blackstone Private Credit Strategies.
- Owns 75% or more of Blackstone Private Credit Strategies LLC
Blackstone Intermediary Holdco L.L.C.
Control person · since January 2026
- 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
- 753 employees
- 443 in advisory functions
- 72 broker-dealer reps
Fees
Blackstone Private Credit Strategies is paid through a percentage of assets under management and performance-based fees.
Blackstone Private Credit Strategies’ fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Blackstone Private Credit Strategies has 13 offices, with 6 listed addresses across 6 states.
California · 1 listed address
- 101 California Street, San Francisco
Florida · 1 listed address
- 2 Miamicentral, Miami
Illinois · 1 listed address
- 110 N Wacker DR, Chicago
Massachusetts · 1 listed address
- 314 Main Street, Cambridge
New York · 1 listed address
- 345 Park Ave, 31st Floor, New YorkHQ
Texas · 1 listed address
- 1111 Bagby Street, Houston
Registration details
- Legal name
- Blackstone Private Credit Strategies LLC
- Headquarters
- 345 Park Ave, 31st Floor, New York, NY 10154
- Phone
- 212-503-2100
- Website
- www.blackstone.com
- SEC file
- 801-128455
- 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 Private Credit Strategies have?
Blackstone Private Credit Strategies has 95 clients and manages $57.9 billion for them, as of July 2026. They include 70 pooled investment vehicles, 22 insurance companies and 2 business development companies.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 July 2026
What services does Blackstone Private Credit Strategies offer?
Blackstone Private 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
Which custodians does Blackstone Private Credit Strategies use?
Blackstone Private Credit Strategies’ separately managed account assets are held at The Bank of New York Mellon (New York, NY), with $3,111,803,988 and Jpmorgan Chase Bank, National Association (New York, NY), with $1,150,000,000. 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 Private Credit Strategies have?
Blackstone Private Credit Strategies has 0 investment adviser representatives registered with state securities authorities, out of 753 employees, and 443 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 Private Credit Strategies invest in?
At the end of its last fiscal year, Blackstone Private Credit Strategies’ separately managed accounts held 94% loans, 5% investment grade corporate bonds and 1% high-yield corporate bonds. It advises 54 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 Private Credit Strategies?
Blackstone Private Credit 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 July 2026
How does Blackstone Private Credit Strategies get paid?
Blackstone Private 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