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 Tactical Opportunities Advisors L.L.C.

Asset manager (funds and pooled vehicles)New York, New YorkCRD 160157SEC 801-73448websiteIAPD
Latest filing Jul 21, 2026
First filing on the tape Feb 13, 2012 · 56 filings
SEC status approved since Feb 22, 2012
RAUM
$40B
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
83
78 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
103
reported on Schedule D
History
56 filings and snapshots on the tape
RAUM$40B as of Jul 21, 2026
Mar 28, 2013$1.7B then
HNW client RAUM$0 as of Jul 21, 2026
Mar 29, 2018$0 then
State-registered IARs (5.B.3)0 as of Jul 21, 2026
Mar 28, 20130 then
Employees (5.A)83 as of Jul 21, 2026
Mar 28, 201352 then
Private funds103 as of Jul 21, 2026
Mar 28, 20138 then
RAUM -2.2% over the last fiscal year+4.0% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Jul 21, 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
$388MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
3.3%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived4 offices incl. principal (1.F.5)
RAUM growth, one year
-2.2%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 businesses and institutions, 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)
  • 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)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$39B97%
  • Sovereign wealth funds$1.3B3.3%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
104reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$0 for 0 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=0.97 institutional_share=0.03 related_bd=true related_bank=true bd_reps=5.0derived
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
      99 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Blackstone Tactical Opportunities Fund III L.P.Hedge Fund$4.7B168Sep 27, 2017
      Blackstone Tactical Opportunities Fund IV L.P.Hedge Fund$4.3B122Mar 31, 2022
      Blackstone Tactical Opportunities Fund II L.P.Hedge Fund$2.7B196Feb 18, 2015
      Blackstone Tactical Opportunities Rl Fund L.P.no longer reportedHedge Fund$2.1B51Sep 27, 2017
      Blackstone Pti Fund L.P.Hedge Fund$1.8B75Nov 27, 2019
      Blackstone Tactical Opportunities Fund IV - Lux ScspHedge Fund$1.5B57Mar 31, 2022
      Blackstone Tactical Opportunities Fund III - Lux ScspHedge Fund$1.3B29Sep 27, 2017
      Blackstone Tactical Opportunities Fund - Pq L.P.Hedge Fund$1.0B3Mar 29, 2019
      Blackstone Tactical Opportunities Fund (Ls Co-Invest II) L.P.Hedge Fund$915M50Jan 26, 2017
      Blackstone Tactical Opportunities Fund II - U L.P.Hedge Fund$885M2Nov 27, 2019
      Blackstone Tactical Opportunities Fund - A (Pe) L.P.Hedge Fund$815M2Aug 2, 2012
      Blackstone Tactical Opportunities Fund - A (Ra) L.P.Hedge Fund$803M2Aug 2, 2012
      Blackstone Tactical Opportunities Fund III - F L.P.Hedge Fund$746M2Mar 28, 2024
      Blackstone Tactical Opportunities Fund - Ps L.P.Hedge Fund$727M2Mar 29, 2019
      Blackstone Tactical Opportunities Fund - Fd L.P.Hedge Fund$702M3Mar 29, 2019
      Blackstone Tactical Opportunities Fund - H L.P.Hedge Fund$701M36Jan 26, 2017
      Blackstone Tactical Opportunities Fund II - F L.P.Hedge Fund$664M2Mar 29, 2019
      Blackstone Tactical Opportunities Fund III - G L.P.Hedge Fund$655M3Nov 19, 2020
      Blackstone Tactical Opportunities Fund - O L.P.Hedge Fund$539M2Oct 29, 2013
      Blackstone Tactical Opportunities Fund II - S L.P.Hedge Fund$511M2Mar 29, 2019
      Blackstone Tactical Opportunities Fund III - N L.P.Hedge Fund$502M2May 27, 2020
      Blackstone Tactical Opportunities Fund B - L.P.Hedge Fund$498M2Mar 29, 2018
      Blackstone Tactical Opportunities Fund III - C (Surge) L.P.Hedge Fund$491M2Nov 27, 2019
      Blackstone Tactical Opportunities Fund (Buzz Co-Invest) L.P.Hedge Fund$468M14Mar 30, 2020
      Blackstone Tactical Opportunities Fund II - G L.P.Hedge Fund$456M3Jan 26, 2017
      Blackstone Tactical Opportunities Fund K - L.P.Hedge Fund$449M2Mar 29, 2018
      Blackstone Tactical Opportunities Fund III - C L.P.Hedge Fund$442M4Mar 29, 2019
      Blackstone Tactical Opportunities Fund - Hl L.P.Hedge Fund$437M14Mar 29, 2018
      Blackstone Tactical Opportunities Fund II - K L.P.Hedge Fund$409M2Mar 31, 2022
      Blackstone Tactical Opportunities Fund - I L.P.Hedge Fund$348M2May 13, 2014
      Blackstone Tactical Opportunities Fund II - Ad L.P.Hedge Fund$314M2May 25, 2016
      Blackstone Tactical Opportunities Fund (Ticonderoga Co-Invest) (De) L.P.Hedge Fund$303M14May 28, 2021
      Blackstone Tactical Opportunities Fund II - Ps L.P.Hedge Fund$301M2Mar 28, 2024
      Blackstone Tactical Opportunities Fund - Ko L.P.Hedge Fund$301M2Mar 28, 2024
      Blackstone Tactical Opportunities Fund II - N L.P.Hedge Fund$293M2Feb 22, 2016
      Blackstone Tactical Opportunities Fund II - C L.P.Hedge Fund$274M2Aug 4, 2015
      Blackstone Tactical Opportunities Fund L.P.Hedge Fund$271M104Mar 28, 2013
      Blackstone Tactical Opportunities Rl Fund (Lux) Scspno longer reportedHedge Fund$270M5Sep 27, 2017
      Blackstone Tactical Opportunities Fund II - L L.P.Hedge Fund$257M3Aug 4, 2015
      Blackstone Tactical Opportunities Fund - U L.P.Hedge Fund$243M2May 11, 2015
      All funds of Blackstone Tactical Opportunities Advisors L.L.C.
      Owners and control persons
      Schedule A and B, latest filing
      • Scott David Blitzer · Global Head Of Tactical Opportunities
        since 12/2011 · owns less than 5%
      • Jamal Christopher James · Chief Operating Officer
        since 12/2011 · owns less than 5%
      • Fred Joshua Shapiro · Chief Compliance Officer
        since 07/2022 · owns less than 5%
      • Michael Christopher Striano · Chief Financial Officer
        since 01/2013 · owns less than 5%
      Entity owners
      • Blackstone Intermediary Holdco L.L.C. · Sole Member
        direct · owns 75% or more
      • Blackstone Group Holdings L.P. · Limited Partner
        indirect · owns 75% or more of Blackstone Securities Partners L.P.
      • Blackstone Holdings I / II Gp LLC · General Partner
        indirect · owns F of Blackstone Holdings I L.P.
      • Blackstone Holdings I L.P. · Limited Partner
        indirect · owns 75% or more of Blackstone Group Holdings L.P.
      • Blackstone Inc. · Sole Member
        indirect · owns 75% or more of Blackstone Holdings I / II Gp LLC · public reporting company
      • Blackstone Securities Partners L.P. · Sole Member
        indirect · owns 75% or more of Blackstone Intermediary Holdco L.L.C.
      Related persons
      Schedule D 7.A
      Advisers that list Blackstone Tactical Opportunities Advisors L.L.C. as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • London, United Kingdom23 employees
      • Hong Kong, China5 employees
      • Sydney, Australia3 employees
      • San Francisco, CA2 employees
      What changed
      consecutive filings, newest first
      • Accounts · 94 to 104
        Mar 28, 2025 to Mar 30, 2026
      • Advisory employees · 77 to 78
        Mar 28, 2025 to Mar 30, 2026
      • BD registered reps · 2 to 5
        Mar 28, 2025 to Mar 30, 2026
      • Pooled vehicle clients · 93 to 103
        Mar 28, 2025 to Mar 30, 2026
      • Employees · 82 to 83
        Mar 28, 2025 to Mar 30, 2026
      • Private funds · 93 to 103
        Mar 28, 2025 to Mar 30, 2026
      • Discretionary RAUM · $41B to $40B
        Mar 28, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $40B to $39B
        Mar 28, 2025 to Mar 30, 2026
      • RAUM · $41B to $40B
        Mar 28, 2025 to Mar 30, 2026
      • Related insurance company · false to true
        Mar 28, 2025 to Mar 30, 2026
      • Accounts · 91 to 94
        Mar 28, 2024 to Mar 28, 2025
      • Advisory employees · 75 to 77
        Mar 28, 2024 to Mar 28, 2025
      • BD registered reps · 3 to 2
        Mar 28, 2024 to Mar 28, 2025
      • Pooled vehicle clients · 90 to 93
        Mar 28, 2024 to Mar 28, 2025
      • Employees · 81 to 82
        Mar 28, 2024 to Mar 28, 2025
      • Financial planning clients · unset to
        Mar 28, 2024 to Mar 28, 2025
      • Other offices · 4 to 3
        Mar 28, 2024 to Mar 28, 2025
      • Private funds · 90 to 93
        Mar 28, 2024 to Mar 28, 2025
      • Discretionary RAUM · $38B to $41B
        Mar 28, 2024 to Mar 28, 2025
      • Pooled vehicle RAUM · $37B to $40B
        Mar 28, 2024 to Mar 28, 2025
      • RAUM · $38B to $41B
        Mar 28, 2024 to Mar 28, 2025
      • Accounts · 86 to 91
        Mar 31, 2023 to Mar 28, 2024
      • Advisory employees · 112 to 75
        Mar 31, 2023 to Mar 28, 2024
      • Pooled vehicle clients · 85 to 90
        Mar 31, 2023 to Mar 28, 2024
      • Employees · 118 to 81
        Mar 31, 2023 to Mar 28, 2024
      • Other offices · 6 to 4
        Mar 31, 2023 to Mar 28, 2024
      • Private funds · 85 to 90
        Mar 31, 2023 to Mar 28, 2024
      • Discretionary RAUM · $36B to $38B
        Mar 31, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $35B to $37B
        Mar 31, 2023 to Mar 28, 2024
      • RAUM · $36B to $38B
        Mar 31, 2023 to Mar 28, 2024
      • Accounts · 85 to 86
        Jul 7, 2022 to Mar 31, 2023
      • Advisory employees · 109 to 112
        Jul 7, 2022 to Mar 31, 2023
      • Pooled vehicle clients · 84 to 85
        Jul 7, 2022 to Mar 31, 2023
      • Employees · 115 to 118
        Jul 7, 2022 to Mar 31, 2023
      • Other offices · 7 to 6
        Jul 7, 2022 to Mar 31, 2023
      • Discretionary RAUM · $38B to $36B
        Jul 7, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $37B to $35B
        Jul 7, 2022 to Mar 31, 2023
      • RAUM · $38B to $36B
        Jul 7, 2022 to Mar 31, 2023
      • Private funds · 84 to 85
        Mar 31, 2022 to May 9, 2022
      • Accounts · 76 to 85
        Feb 9, 2022 to Mar 31, 2022
      Signals
      3 dated events
      • Blackstone Tactical Opportunities Advisors L.L.C. reported RAUM $38.3B, up 33% from $28.8B (2022-02-09 to 2022-03-31)
        Mar 31, 2022 · RAUM change · derived
      • Blackstone Tactical Opportunities Advisors L.L.C. reported RAUM $27.6B, up 27% from $21.7B (2018-11-26 to 2019-03-29)
        Mar 29, 2019 · RAUM change · derived
      • Blackstone Tactical Opportunities Advisors L.L.C. reported RAUM $21.7B, up 36% from $16.0B (2017-09-27 to 2018-03-29)
        Mar 29, 2018 · RAUM change · derived
      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, Jul 21, 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