BLACKSTONE REAL ESTATE SPECIAL SITUATIONS ADVISORS L.L.C. other names

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Adviser Profile

As of Date:

03/28/2024

Adviser Type:

- Large advisory firm

Number of Employees:

285 -11.21%

of those in investment advisory functions:

150 4.17%

Registration:

SEC, Approved, 1/15/2008

AUM:

68,544,592,276 24.95%

of that, discretionary:

68,544,592,276 24.95%

Private Fund GAV:

18,623,432,824 6.04%

Avg Account Size:

965,416,793 2.07%

SMA’s:

YES

Private Funds:

29 4

Contact Info

212 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
55B 47B 39B 31B 24B 16B 8B
2015 2016 2017 2018 2019 2020 2021 2022 2023

Recent News

Moderna gets $750 million funding from Blackstone Life Sciences to develop flu shots
03/27/2024

investing.com

Blackstone Multi-Asset Investing (BXMA)
03/07/2024

As the world's largest discretionary hedge fund allocator,2 we have deep relationships with investment managers and harness this network to create ...

blackstone.com

Barclays and Blackstone Credit & Insurance Agree to Sale of Credit Card Receivables
02/27/2024

Hedge Fund Solutions (BAAM) · Strategic Partners. Menu Column. Tactical ... hedge funds. Further information is available at www.blackstone.com. Follow ...

blackstone.com

Tricon residential gets court order to take private by Blackstone Real Estate
02/19/2024

Seeking Alpha

Blackstone Real Estate to Take Tricon Residential Private
01/19/2024

Hedge Fund Solutions (BAAM) · Strategic Partners · Tactical Opportunities · Infrastructure. Menu Column. Insurance Solutions · Life Sciences ...

blackstone.com

UK's Sunak hails $37 bln investments before FDI summit - MarketScreener
11/26/2023

... funds. The Company operates through four segments: Real Estate, Private Equity, Credit & Insurance, and Hedge Fund Solutions. Its Blackstone Real ...

marketscreener.com


Private Funds Structure

Fund Type Count GAV
Hedge Fund 6 $1,975,247,360
Real Estate Fund 23 $16,648,185,464

Similar advisers

Adviser Hedge Fund Liquidity Fund Private Equity Fund Real Estate Fund Securitized Asset Fund Venture Capital Fund Other Fund Total Private Fund GAV AUM # funds
PGIM PRIVATE ALTERNATIVES (UK) LIMITED - - - 381.9m - - - 381.9m 3.0b 6
TISHMAN CAPITAL PARTNERS 369.0m - - 288.9m - - - 657.9m 994.3m 4
ABR CAPITAL PARTNERS, LLC 25.0m - - 877.5m - - - 902.5m 375.4m 27
BLACKSTONE PROPERTY ADVISORS L.P. 38.1b - - 20.9b - - - 59.0b 78.2b 54
PAGAYA INVESTMENTS US LLC 1.8b - - 332.3m - - - 2.1b 2.1b 11
GEM REALTY CAPITAL 1.1b - - 3.8b - 33.9m - 5.0b 5.8b 17
CLARION PARTNERS 7.2b - - 21.9b - - - 29.1b 79.3b 17
VISION BRAZIL INVESTMENTS 117.1m - - 154.4m - - - 271.5m - 13
PROPRIUM CAPITAL PARTNERS, L.P. 1.5b - - 2.2b - - - 3.7b 4.3b 9
TCI FUND MANAGEMENT LIMITED 57.2b - - 6.9b - - - 64.1b - 6

Private Funds



Employees




Brochure Summary

Overview

11 Overview of the Firm The Adviser, directly or indirectly through its subsidiaries, provides investment advisory services to its Clients, and Affiliates of the Adviser generally serve as General Partner of each Client. The Adviser’s Clients primarily make public and private real estate and real estate related debt Investments and, to a lesser extent, non-controlling equity and other Investments in real estate.
The ultimate parent of the Adviser is Blackstone. Please see the structure chart below. Blackstone is a global alternative investment manager with Investment Vehicles focused on real estate, private equity, hedge fund solutions, credit, infrastructure, secondary funds of funds and multi-asset class strategies. Please see Item 10 – Other Financial Industry Activities and Affiliations for more information.
As of December 31, 2023, the Adviser had regulatory assets under management of approximately $68.5 billion on a discretionary basis. Please note that this figure is an unaudited estimate. 12 Description of Advisory Services The Adviser serves as investment adviser to its Clients pursuant to the Advisory
Agreements. The Adviser performs the following services, among others, for its Clients: 1. Identifies and analyzes investment opportunities; 2. Makes investment recommendations to the General Partner of each Client, as applicable; 3. Participates in the monitoring and evaluation of Investments; and 4. Provides other related services in connection with the implementation of the investment program of each Client, including, without limitation, arranging for and coordinating the services of other professionals and consultants.
The Adviser tailors its advisory services to the particular needs of each Client. However, the specific needs of the individual Investors in a Client (i.e., limited partner investors) are not the basis for recommendations by the Adviser. Investment advice is provided directly to the Client, not individually to the respective Investors in the Client. The Adviser also provides specific portfolio management services to certain Investment Vehicles managed by an affiliated alternative investment fund manager for the purposes of AIFMD, through a series of delegation agreements.