{"url":"https://nivawealth.com/firms/blackstone-tactical-opportunities-advisors-160157","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/160157","regulatoryAum":40360900468,"crd":"160157","secFileNumber":"801-73448","legalName":"Blackstone Tactical Opportunities Advisors L.L.C.","displayName":"Blackstone Tactical Opportunities Advisors","website":"https://www.blackstone.com/","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"345 Park Avenue","city":"New York","state":"NY","stateName":"New York","country":"United States","postalCode":"10154"},"tradeNames":[],"registration":{"secApproved":"22 February 2012","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":83,"advisory":78,"brokerDealerReps":5,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":40360900468,"discretionaryAccounts":104,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":30,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":103,"regulatoryAum":39023753868},{"label":"Sovereign wealth funds and foreign official institutions","clients":null,"regulatoryAum":1337146600}],"fees":[],"feeNotes":[],"custodians":[{"name":"Merrill Lynch, Pierce, Fenner & Smith Incorporated","shortName":"Merrill Lynch, Pierce, Fenner & Smith","location":"New York, NY","smaAssets":224253890}],"custodyNote":"Blackstone Tactical Opportunities Advisors has custody of client assets.","otherCustodians":[],"leadership":[{"name":"Christopher Striano","title":"Chief Financial Officer","crd":"6319049"},{"name":"Joshua Shapiro","title":"Chief Compliance Officer","crd":"6176119"},{"name":"Qasim Abbas","title":"Head of Tactical Opportunities International","crd":"8190385"},{"name":"Christopher James","title":"Global Head of Tactical Opportunities","crd":"5392596"},{"name":"Jasvinder Khaira","title":"Head of Tactical Opportunities America","crd":"5848926"}],"ownership":[{"label":"Blackstone Intermediary Holdco L.L.C.","detail":"Sole member in the 75% or more ownership band and a control person, since December 2011."},{"label":"Blackstone Holdings I / II GP LLC","detail":"Indirect owner: general partner of Blackstone Holdings I L.P. and a control person, since December 2011.","parent":"Blackstone Holdings I L.P."},{"label":"Blackstone Inc.","detail":"Indirect owner: a sole member of Blackstone Holdings I / II GP LLC in the 75% or more band and a control person, since December 2011.","parent":"Blackstone Holdings I / II GP LLC"},{"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 December 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."},{"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 December 2011.","parent":"Blackstone Group Holdings L.P."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":3,"privateResidences":0},"listedOfficeAddresses":1,"officesByState":[{"state":"New York","offices":1,"addresses":[{"street":"345 Park Avenue","city":"New York","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"212-583-5000","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["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":"Exchange-traded equity securities","percent":1},{"label":"Non-exchange-traded equity securities","percent":84},{"label":"Non-investment grade corporate bonds","percent":1},{"label":"Cash and cash equivalents","percent":10},{"label":"Other","percent":4,"detail":"Physical Real Estate, Other Assets & Available Capital"}],"privateFunds":103},"sources":{"adv1FilingDate":"21 July 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/160157/PDF/160157.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 Tactical Opportunities Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Blackstone Tactical Opportunities Advisors offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Blackstone Tactical Opportunities Advisors use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Blackstone Tactical Opportunities Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Blackstone Tactical Opportunities Advisors invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Blackstone Tactical Opportunities Advisors?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Blackstone Tactical Opportunities Advisors get paid?","answer":"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","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."}