DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

Former SEC-registered adviser

Blackstone Real Estate Advisors III LP

Former SEC-registered adviserNew York, New YorkCRD 109101SEC 801-55986IAPD
Latest filing Mar 31, 2015
First filing on the tape Mar 30, 2012 · 7 filings
RAUM
$27.0M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
245
101 advisory (5.B.1)
Offices
n/a
beyond the principal office
Private funds
4
$25.3M gross assets
History
7 filings and snapshots on the tape
RAUM$27.0M as of Mar 31, 2015
Mar 30, 2012$12.1M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2015
Mar 30, 20120 then
Employees (5.A)245 as of Mar 31, 2015
Apr 1, 2013177 then
Private funds4 as of Mar 31, 2015
Mar 30, 20124 then
RAUM +19% over the last fiscal year+31% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 31, 2015; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$6.8MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived3 offices incl. principal (1.F.5)
RAUM growth, one year
+19%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 5.G
Custody
yesreportedItem 9.A
Ownership
controlled by a public reporting companyderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • controlled by a public reporting company (10.A)
Where the RAUM sits
Form ADV Item 5.D, latest filing
This filing has no Item 5.D breakdown (filings before 2017 reported ranges, not amounts).
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
4reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
$0 for 0 clientsreported
Compensation
% of AUM, performancereported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Every departureEvery arrival
      Private funds
      4 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Blackstone Real Estate Partners III L.P.Real Estate Fund$14.1M83Mar 30, 2012
      Blackstone Real Estate Partners III.Te.1 L.P.Real Estate Fund$8.0M83Mar 30, 2012
      Blackstone Real Estate Partners III.Te.3 L.P.Real Estate Fund$1.8M83Mar 30, 2012
      Blackstone Real Estate Partners III.Te.2 L.P.Real Estate Fund$1.4M83Mar 30, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • Alan Kenneth Caplan · Global Real Estate Chief Investment Officercontrol
        since 01/2015 · owns less than 5%
      • David Jonathan Gray · Global Head Of Real Estatecontrol
        since 01/2006 · owns less than 5%
      • T. Kathleen Mccarthy-Baldwin · Global Real Estate Chief Operating Officercontrol
        since 01/2015 · owns less than 5%
      • Daniel Paul Quinlan · Global Real Estate Chief Financial Officercontrol
        since 01/2015 · owns less than 5%
      • Judy Turchin · Chief Compliance Officer Of Registrant And Each Relying Adviser
        since 09/2010 · owns less than 5%
      Entity owners
      • Blackstone Holdings I L.P. · Limited Partner
        direct · owns 25% to 50%
      • Bre Advisors III L.L.C. · General Partner
        direct · owns 50% to 75%
      • Blackstone Holdings I / II Gp Inc. · General Partner
        indirect · owns F of Blackstone Holdings I L.P.
      • Blackstone Holdings I L.P. · Managing Member
        indirect · owns 75% or more of Bre Advisors III L.L.C.
      • The Blackstone Group L.P. · Shareholder
        indirect · owns 75% or more of Blackstone Holdings I/II Gp Inc. · public reporting company
      Related persons
      Schedule D 7.A
      Advisers that list Blackstone Real Estate Advisors III LP as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • London, United Kingdom
      • Santa Monica, CA
      What changed
      consecutive filings, newest first
      • Accounts · 5 to 4
        May 12, 2014 to Mar 31, 2015
      • Advisory employees · 104 to 101
        May 12, 2014 to Mar 31, 2015
      • BD registered reps · 12 to 13
        May 12, 2014 to Mar 31, 2015
      • Employees · 219 to 245
        May 12, 2014 to Mar 31, 2015
      • Organization form · Partnership to Limited Partnership
        May 12, 2014 to Mar 31, 2015
      • Discretionary RAUM · $22.8M to $27.0M
        May 12, 2014 to Mar 31, 2015
      • RAUM · $22.8M to $27.0M
        May 12, 2014 to Mar 31, 2015
      • Accounts · 4 to 5
        Apr 18, 2013 to Mar 31, 2014
      • Advisory employees · 108 to 104
        Apr 18, 2013 to Mar 31, 2014
      • BD registered reps · 10 to 12
        Apr 18, 2013 to Mar 31, 2014
      • Assets in custody · unset to 0.0
        Apr 18, 2013 to Mar 31, 2014
      • Custody of client assets · false to true
        Apr 18, 2013 to Mar 31, 2014
      • Employees · 177 to 219
        Apr 18, 2013 to Mar 31, 2014
      • Discretionary RAUM · $6.5M to $22.8M
        Apr 18, 2013 to Mar 31, 2014
      • RAUM · $6.5M to $22.8M
        Apr 18, 2013 to Mar 31, 2014
      • Accounts · 5 to 4
        Mar 30, 2012 to Apr 1, 2013
      • Advisory employees · unset to 108.0
        Mar 30, 2012 to Apr 1, 2013
      • BD registered reps · unset to 10.0
        Mar 30, 2012 to Apr 1, 2013
      • Employees · unset to 177.0
        Mar 30, 2012 to Apr 1, 2013
      • Discretionary RAUM · $12.1M to $6.5M
        Mar 30, 2012 to Apr 1, 2013
      • RAUM · $12.1M to $6.5M
        Mar 30, 2012 to Apr 1, 2013
      Signals
      No event on the tape.
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026
      Across the graphs

      Blackstone Real Estate Advisors III LP is the same institution as 1 record in Real Estate Funds.

      Real Estate Funds1

      Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.

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