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.

SEC-registered adviser

Blackstone Strategic Alliance Advisors L.L.C.

Asset manager (funds and pooled vehicles)New York, New YorkCRD 142922SEC 801-67500websiteIAPD
Latest filing Mar 30, 2026
First filing on the tape Nov 14, 2011 · 43 filings
SEC status approved since Jan 22, 2007
RAUM
$3.0B
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
293
111 advisory (5.B.1)
Offices
6
beyond the principal office
Private funds
7
reported on Schedule D
History
43 filings and snapshots on the tape
RAUM$3.0B as of Mar 30, 2026
Mar 29, 2012$2.2B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 30, 2026
Mar 28, 20130 then
Employees (5.A)293 as of Mar 30, 2026
Mar 28, 2013199 then
Private funds7 as of Mar 30, 2026
Mar 29, 201220 then
RAUM -13% over the last fiscal year-6.9% a year over threeIARs 0 to 0offices 5 to 6
Practice profile
derived from the filing of Mar 30, 2026; 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
$430MderivedRAUM 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
unknownderived7 offices incl. principal (1.F.5)
RAUM growth, one year
-13%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 vehicles, selection of other advisersreportedItem 5.G
Custody
$7.7M, 2 clientsreportedItem 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • 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
  • Pooled investment vehicles$3.0B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
7reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$7.7M for 2 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=true bd_reps=14.0derived
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
      Private funds
      37 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Blackstone Strategic Alliance Offshore Fund III Ltd.Other Private Fund$1.7B13Mar 29, 2016
      Blackstone Strategic Alliance Fund IV (Lux) ScspOther Private Fund$1.1B14Mar 31, 2022
      Blackstone Strategic Alliance Master Fund III L.P.Other Private Fund$1.0B20Mar 29, 2017
      Blackstone Strategic Alliance Holdings II L.P.no longer reportedOther Private Fund$613M3Mar 29, 2012
      Blackstone Strategic Alliance Fund III L.P.Other Private Fund$337M7Mar 29, 2016
      Blackstone Strategic Alliance Holdings LPno longer reportedOther Private Fund$286M2Mar 29, 2012
      Blackstone Strategic Alliance Master Fund Xx L.P.no longer reportedOther Private Fund$274M2Mar 27, 2015
      Blackstone Strategic Alliance Master Fund IV L.P.no longer reportedOther Private Fund$261M0Mar 29, 2012
      Blackstone Strategic Alliance Master Fund Xii L.P.no longer reportedOther Private Fund$195M2Mar 29, 2012
      Blackstone Strategic Alliance Master Fund Xvii L.P.no longer reportedOther Private Fund$187M2Mar 27, 2015
      Blackstone Strategic Alliance Master Fund V L.P.no longer reportedOther Private Fund$170M0Mar 29, 2012
      Blackstone Strategic Alliance Master Fund Xix L.P.no longer reportedOther Private Fund$167M2Mar 27, 2015
      Blackstone Strategic Alliance Holdings III L.P.no longer reportedOther Private Fund$134M1Mar 29, 2016
      Blackstone Strategic Alliance Master Fund Viii L.P.no longer reportedOther Private Fund$128M2Mar 29, 2012
      Blackstone Strategic Alliance Master Fund Ix LPno longer reportedOther Private Fund$123M0Mar 29, 2012
      Blackstone Strategic Alliance Offshore Fund II Ltd.Other Private Fund$109M53Mar 29, 2012
      Blackstone Strategic Alliance Fund II L.P.Other Private Fund$75.9M415Mar 29, 2012
      Blackstone Strategic Alliance Offshore Fund Ltd.no longer reportedOther Private Fund$62.7M15Mar 29, 2012
      Blackstone Strategic Alliance Fund LPno longer reportedOther Private Fund$37.6M53Mar 29, 2012
      Blackstone Strategic Alliance Master Fund Xiv L.P.no longer reportedOther Private Fund$14.2M2Mar 28, 2013
      Blackstone Strategic Alliance Fund IV LP.Other Private Fund$11.4M8Mar 31, 2022
      Blackstone Strategic Alliance Master Fund Vi L.P.no longer reportedOther Private Fund$10.2M0Mar 29, 2012
      Blackstone Strategic Alliance Master Fund Xv L.P.no longer reportedOther Private Fund$6.7M2Mar 28, 2013
      Blackstone Strategic Alliance Master Fund Xi LPno longer reportedOther Private Fund$3.3M0Mar 29, 2012
      Blackstone Strategic Alliance Master Fund Xiii L.P.no longer reportedOther Private Fund$3.2M2Mar 29, 2012
      Blackstone Strategic Alliance Master Fund III L.P.no longer reportedOther Private Fund$2.5M2Mar 29, 2012
      Blackstone Strategic Alliance Master Fund I, L.P.no longer reportedOther Private Fund$2.0M2Mar 29, 2012
      Blackstone Strategic Alliance Offshore Performance Interest II Ltd.no longer reportedOther Private Fund$1.0M1Mar 29, 2012
      Blackstone Strategic Alliance Master Fund Xvi L.P.no longer reportedOther Private Fund$49,3242Mar 27, 2014
      Blackstone Strategic Alliance Master Fund II, L.P.no longer reportedOther Private Fund$00Mar 29, 2012
      Blackstone Strategic Alliance Master Fund Xxii L.P.no longer reportedOther Private Fund$02Mar 28, 2018
      Bsamf Sub Xii L.P.no longer reportedOther Private Fund$02Mar 28, 2018
      Blackstone Strategic Alliance Mam/Av Master Fund L.L.C.no longer reportedOther Private Fund$00Mar 28, 2018
      Blackstone Strategic Alliance Master Fund Xviii L.P.no longer reportedOther Private Fund$02Mar 27, 2015
      Blackstone Strategic Alliance Master Fund Vii L.P.no longer reportedOther Private Fund$00Mar 29, 2012
      Blackstone Strategic Alliance Master Fund X LPno longer reportedOther Private Fund$02Mar 29, 2012
      Blackstone Strategic Alliance Master Fund Xxi L.P.no longer reportedOther Private Fund$02Mar 28, 2018
      Owners and control persons
      Schedule A and B, latest filing
      • Leo Joseph Dowling · Global Head Of Blackstone Strategic Alliance Advisors L.L.C.control
        since 12/2021 · owns less than 5%
      • Francis Brian Gavin · Chief Operating Officer Of Blackstone Strategic Alliance Advisors L.L.C.
        since 01/2008 · owns less than 5%
      • Burke Stephen Oconnor · Chief Compliance Officer Of Blackstone Strategic Alliance Advisors L.L.C.
        since 01/2022 · owns less than 5%
      • Nelson Evangelista Jack Pitts · General Counsel Of Blackstone Strategic Alliance Advisors L.L.C.
        since 01/2022 · owns less than 5%
      Entity owners
      • Blackstone Holdings Ai L.P. · Sole Member
        direct · owns 75% or more
      • Blackstone Holdings I / II Gp LLC · General Partner
        indirect · owns F of Blackstone Holdings Ai L.P.
      • Blackstone Inc. · Shareholder
        indirect · owns 75% or more of Blackstone Holdings I / II Gp LLC · public reporting company
      Related persons
      Schedule D 7.A
      Advisers that list Blackstone Strategic Alliance Advisors L.L.C. as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • Hong Kong, China3 employees
      • Singapore, Singapore2 employees
      • London, United Kingdom1 employees
      • Nashville, TN1 employees
      • Washington, DC1 employees
      ADV anomalies
      2 against comparable advisers; where to look, not conclusions
      • large related person networkStatic outlier · filing Mar 30, 2026
        related persons on Schedule D 7.A of 92.0 against a peer median of 7.0 (850 comparable advisers, 98.0th percentile, 19.1 robust deviations)
        peers: asset managers, $1B to $5B (850) · 98% percentile
      • affiliate changedChange between filings · filing Mar 30, 2026
        insurance affiliate (Item 7.A.10): no on the filing of 2025-09-18, yes on the filing of 2026-03-30
        peers: asset managers, $1B to $5B (1,506)
      What changed
      consecutive filings, newest first
      • Advisory employees · 108 to 111
        Sep 18, 2025 to Mar 30, 2026
      • BD registered reps · 17 to 14
        Sep 18, 2025 to Mar 30, 2026
      • Assets in custody · $10.8M to $7.7M
        Sep 18, 2025 to Mar 30, 2026
      • Employees · 292 to 293
        Sep 18, 2025 to Mar 30, 2026
      • Other offices · 5 to 6
        Sep 18, 2025 to Mar 30, 2026
      • Discretionary RAUM · $3.5B to $3.0B
        Sep 18, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $3.5B to $3.0B
        Sep 18, 2025 to Mar 30, 2026
      • RAUM · $3.5B to $3.0B
        Sep 18, 2025 to Mar 30, 2026
      • Related insurance company · false to true
        Sep 18, 2025 to Mar 30, 2026
      • Advisory employees · 98 to 108
        Jul 9, 2024 to Mar 28, 2025
      • BD registered reps · 20 to 17
        Jul 9, 2024 to Mar 28, 2025
      • Assets in custody · $68.8M to $10.8M
        Jul 9, 2024 to Mar 28, 2025
      • Employees · 290 to 292
        Jul 9, 2024 to Mar 28, 2025
      • Financial planning clients · unset to
        Jul 9, 2024 to Mar 28, 2025
      • Discretionary RAUM · $3.3B to $3.5B
        Jul 9, 2024 to Mar 28, 2025
      • Pooled vehicle RAUM · $3.3B to $3.5B
        Jul 9, 2024 to Mar 28, 2025
      • RAUM · $3.3B to $3.5B
        Jul 9, 2024 to Mar 28, 2025
      • Accounts · 9 to 7
        Mar 30, 2023 to Mar 28, 2024
      • Advisory employees · 118 to 98
        Mar 30, 2023 to Mar 28, 2024
      • BD registered reps · 22 to 20
        Mar 30, 2023 to Mar 28, 2024
      • Pooled vehicle clients · 9 to 7
        Mar 30, 2023 to Mar 28, 2024
      • Assets in custody · $270M to $68.8M
        Mar 30, 2023 to Mar 28, 2024
      • Employees · 342 to 290
        Mar 30, 2023 to Mar 28, 2024
      • Other offices · 6 to 5
        Mar 30, 2023 to Mar 28, 2024
      • Private funds · 9 to 7
        Mar 30, 2023 to Mar 28, 2024
      • Discretionary RAUM · $3.7B to $3.3B
        Mar 30, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $3.7B to $3.3B
        Mar 30, 2023 to Mar 28, 2024
      • RAUM · $3.7B to $3.3B
        Mar 30, 2023 to Mar 28, 2024
      • Advisory employees · 114 to 118
        Sep 13, 2022 to Mar 30, 2023
      • BD registered reps · 23 to 22
        Sep 13, 2022 to Mar 30, 2023
      • Assets in custody · $342M to $270M
        Sep 13, 2022 to Mar 30, 2023
      • Employees · 324 to 342
        Sep 13, 2022 to Mar 30, 2023
      • Discretionary RAUM · $3.2B to $3.7B
        Sep 13, 2022 to Mar 30, 2023
      • Pooled vehicle RAUM · $3.2B to $3.7B
        Sep 13, 2022 to Mar 30, 2023
      • RAUM · $3.2B to $3.7B
        Sep 13, 2022 to Mar 30, 2023
      • Accounts · 7 to 9
        Feb 9, 2022 to Mar 31, 2022
      • Advisory employees · 95 to 114
        Feb 9, 2022 to Mar 31, 2022
      • Pooled vehicle clients · 7 to 9
        Feb 9, 2022 to Mar 31, 2022
      • Assets in custody · $397M to $342M
        Feb 9, 2022 to Mar 31, 2022
      • Employees · 284 to 324
        Feb 9, 2022 to Mar 31, 2022
      Signals
      3 dated events
      • Blackstone Strategic Alliance Advisors L.L.C. reported RAUM $3.2B, up 28% from $2.5B (2022-02-09 to 2022-03-31)
        Mar 31, 2022 · RAUM change · derived
      • Patrick John Mccormick (Co-Head Of Blackstone Strategic Alliance Advisors L.L.C.) no longer on Schedule A of Blackstone Strategic Alliance Advisors L.L.C. (listed 2021-03-31, absent 2021-12-23)
        Dec 23, 2021 · Control person left · inference
      • Leo Joseph Dowling (Co-Head Of Blackstone Strategic Alliance Advisors L.L.C.) appeared on Schedule A of Blackstone Strategic Alliance Advisors L.L.C.
        Feb 1, 2021 · Control person joined · fact
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/blackstonegroupreportedpublic record, Form ADV, Sep 17, 2026
      Website
      blackstone.comreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      212-583-5000reportedpublic record, Form ADV, Mar 30, 2026
      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
      Asset manager (funds and pooled vehicles)deriveda 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