Clients
Blackstone Tactical Opportunities Advisors serves 103 clients. The average client has about $392 million with the firm.
- Pooled investment vehicles103 clients97%
- Sovereign wealth funds and foreign official institutions3%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 103 | $39,023,753,868 | 96.7% | $378.9M |
| Sovereign wealth funds and foreign official institutions | Not reported | $1,337,146,600 | 3.3% | — |
| Total | 103 | $40,360,900,468 | 100% | $391.9M |
- Clients
- 103
- Regulatory AUM
- $39,023,753,868
- Share
- 96.7%
- Avg. per client
- $378.9M
- Clients
- Not reported
- Regulatory AUM
- $1,337,146,600
- Share
- 3.3%
- Avg. per client
- —
Total
- Clients
- 103
- Regulatory AUM
- $40,360,900,468
- Share
- 100%
- Avg. per client
- $391.9M
What it does
Blackstone Tactical Opportunities Advisors provides portfolio management for pooled vehicles and portfolio management for institutions. It is paid through a percentage of assets and performance-based fees.
Blackstone Tactical Opportunities Advisors advises 103 private funds.
100.0% of assets ($40.36B across 104 accounts) are managed with discretion. 30% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks85%
- Non-exchange-traded equities84%
- Exchange-traded equities1%
- Bonds1%
- Cash10%
- Other4%
- Physical real estate, other assets & available capital4%
Custodians
Blackstone Tactical Opportunities Advisors’ client accounts are held mainly at Merrill Lynch, Pierce, Fenner & Smith, with 1% of managed assets. Blackstone Tactical Opportunities Advisors has custody of client assets.
- Merrill Lynch, Pierce, Fenner & SmithMerrill Lynch, Pierce, Fenner & Smith Incorporated · New York, NY · $224.3M1%
- All other custodians$40.14B99%
Ownership and leadership
Blackstone Intermediary Holdco L.L.C. owns 75% or more of Blackstone Tactical Opportunities Advisors.
- Owns 75% or more of Blackstone Tactical Opportunities Advisors L.L.C.
Blackstone Intermediary Holdco L.L.C.
Control person · since December 2011
- Owns 75% or more of Blackstone Intermediary Holdco L.L.C.
Blackstone Securities Partners L.P.
Control person · since December 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 December 2011
Blackstone Holdings I / II GP LLC
General partner · Control person · since December 2011
- Owns 75% or more of Blackstone Holdings I / II GP LLC
Blackstone Inc.
Control person · since December 2011
Leadership
- Christopher StrianoChief Financial Officer
- Joshua ShapiroChief Compliance Officer
- Qasim AbbasHead of Tactical Opportunities International
- Christopher JamesGlobal Head of Tactical Opportunities
- Jasvinder KhairaHead of Tactical Opportunities America
Staff
- 83 employees
- 78 in advisory functions
- 5 broker-dealer reps
Fees
Blackstone Tactical Opportunities Advisors is paid through a percentage of assets under management and performance-based fees.
Blackstone Tactical Opportunities Advisors’ fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Blackstone Tactical Opportunities Advisors has 3 offices, with 1 listed address in 1 state.
New York · 1 listed address
- 345 Park Avenue, New YorkHQ
Registration details
- Legal name
- Blackstone Tactical Opportunities Advisors L.L.C.
- Headquarters
- 345 Park Avenue, New York, NY 10154
- Phone
- 212-583-5000
- Website
- www.blackstone.com
- SEC file
- 801-73448
- 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 Tactical Opportunities Advisors have?
Blackstone Tactical Opportunities Advisors has 103 clients and manages $40.4 billion for them, as of July 2026.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 21 July 2026
What services does Blackstone Tactical Opportunities Advisors offer?
Blackstone Tactical Opportunities Advisors 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 Tactical Opportunities Advisors use?
Blackstone Tactical Opportunities Advisors’ separately managed account assets are held at Merrill Lynch, Pierce, Fenner & Smith Incorporated (New York, NY), with $224,253,890. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 21 July 2026
How many financial advisors does Blackstone Tactical Opportunities Advisors have?
Blackstone Tactical Opportunities Advisors has 0 investment adviser representatives registered with state securities authorities, out of 83 employees, and 78 perform investment advisory functions. 5 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 Tactical Opportunities Advisors invest in?
At the end of its last fiscal year, Blackstone Tactical Opportunities Advisors’ separately managed accounts held 84% non-exchange-traded equities, 10% cash and equivalents, 4% physical real estate, other assets & available capital, 1% exchange-traded equities and 1% high-yield corporate bonds. It advises 103 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 Tactical Opportunities Advisors?
Blackstone Tactical Opportunities Advisors 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 21 July 2026
How does Blackstone Tactical Opportunities Advisors get paid?
Blackstone Tactical Opportunities Advisors 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