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 Alternative Investment Advisors LLC

Asset manager (funds and pooled vehicles)New York, New YorkCRD 165782SEC 801-77791websiteIAPD
Latest filing Aug 4, 2026
First filing on the tape Mar 15, 2013 · 41 filings
SEC status approved since Mar 25, 2013
RAUM
$5.4B
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
304
111 advisory (5.B.1)
Offices
6
beyond the principal office
Private funds
0
reported on Schedule D
History
41 filings and snapshots on the tape
RAUM$5.4B as of Aug 4, 2026
Mar 27, 2014$1.3B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Aug 4, 2026
Mar 27, 20140 then
Employees (5.A)304 as of Aug 4, 2026
Mar 27, 2014231 then
Private funds3 as of Mar 28, 2018
Mar 27, 20143 then
RAUM -17% over the last fiscal year-15% a year over threeIARs 0 to 0offices 5 to 6
Practice profile
derived from the filing of Aug 4, 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
$5.4BderivedRAUM 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
-17%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 assetsreportedItem 5.E
Advisory activities
portfolio management for investment companies, selection of other advisersreportedItem 5.G
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)
  • controlled by a public reporting company (10.A)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$5.4B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
1reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=true bd_reps=17.0derived
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
      6 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Blackstone Alternative Multi-Strategy Sub Fund II Ltd.no longer reportedHedge Fund$1.7B1Aug 28, 2014
      Blackstone Alternative Multi-Strategy Sub Fund III L.L.C.no longer reportedHedge Fund$1.1B1Aug 28, 2014
      Blackstone Alternative Multi-Strategy Sub Fund IV L.L.C.no longer reportedHedge Fund$892M1Aug 28, 2014
      Blackstone Alternative Multi-Manager Sub-Fund III L.L.C.no longer reportedHedge Fund$557M1Nov 26, 2013
      Blackstone Alternative Multi-Manager Sub-Fund IV LLCno longer reportedHedge Fund$253M1Nov 26, 2013
      Blackstone Alternative Multi-Manager Sub-Fund II Ltd.no longer reportedHedge Fund$187M1Nov 26, 2013
      Owners and control persons
      Schedule A and B, latest filing
      • Leo Joseph Dowling · Global Head Of Blackstone Alternative Investment Advisors LLCcontrol
        since 12/2021 · owns less than 5%
      • Francis Brian Gavin · Chief Operating Officer Of Blackstone Alternative Investment Advisors LLC
        since 09/2012 · owns less than 5%
      • Joseph William Renahan · Chief Compliance Officer Of Blackstone Alternative Investment Advisors LLC
        since 01/2023 · 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 Alternative Investment Advisors LLC 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
      What changed
      consecutive filings, newest first
      • Accounts · 2 to 1
        Mar 28, 2025 to Mar 30, 2026
      • Advisory employees · 108 to 111
        Mar 28, 2025 to Mar 30, 2026
      • Advisory activities · 3 to 2
        Mar 28, 2025 to Mar 30, 2026
      • BD registered reps · 19 to 17
        Mar 28, 2025 to Mar 30, 2026
      • Pooled vehicle clients · 1.0 to unset
        Mar 28, 2025 to Mar 30, 2026
      • Assets in custody · 536550173.0 to unset
        Mar 28, 2025 to Mar 30, 2026
      • Custody of client assets · true to false
        Mar 28, 2025 to Mar 30, 2026
      • Employees · 299 to 304
        Mar 28, 2025 to Mar 30, 2026
      • Other offices · 5 to 6
        Mar 28, 2025 to Mar 30, 2026
      • Discretionary RAUM · $6.5B to $5.4B
        Mar 28, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · 536550173.0 to unset
        Mar 28, 2025 to Mar 30, 2026
      • RAUM · $6.5B to $5.4B
        Mar 28, 2025 to Mar 30, 2026
      • Related insurance company · false to true
        Mar 28, 2025 to Mar 30, 2026
      • Accounts · 4 to 2
        Mar 28, 2024 to Mar 28, 2025
      • Advisory employees · 98 to 108
        Mar 28, 2024 to Mar 28, 2025
      • BD registered reps · 22 to 19
        Mar 28, 2024 to Mar 28, 2025
      • Pooled vehicle clients · 3 to 1
        Mar 28, 2024 to Mar 28, 2025
      • Assets in custody · $384M to $537M
        Mar 28, 2024 to Mar 28, 2025
      • Employees · 296 to 299
        Mar 28, 2024 to Mar 28, 2025
      • Financial planning clients · unset to
        Mar 28, 2024 to Mar 28, 2025
      • Discretionary RAUM · $7.1B to $6.5B
        Mar 28, 2024 to Mar 28, 2025
      • Pooled vehicle RAUM · $384M to $537M
        Mar 28, 2024 to Mar 28, 2025
      • RAUM · $7.1B to $6.5B
        Mar 28, 2024 to Mar 28, 2025
      • Accounts · 3 to 4
        Jan 18, 2024 to Mar 28, 2024
      • Advisory employees · 118 to 98
        Jan 18, 2024 to Mar 28, 2024
      • Pooled vehicle clients · 2 to 3
        Jan 18, 2024 to Mar 28, 2024
      • Assets in custody · $677M to $384M
        Jan 18, 2024 to Mar 28, 2024
      • Employees · 342 to 296
        Jan 18, 2024 to Mar 28, 2024
      • Other offices · 6 to 5
        Jan 18, 2024 to Mar 28, 2024
      • Discretionary RAUM · $8.9B to $7.1B
        Jan 18, 2024 to Mar 28, 2024
      • Pooled vehicle RAUM · $677M to $384M
        Jan 18, 2024 to Mar 28, 2024
      • RAUM · $8.9B to $7.1B
        Jan 18, 2024 to Mar 28, 2024
      • Advisory employees · 114 to 118
        Jan 10, 2023 to Mar 30, 2023
      • BD registered reps · 23 to 22
        Jan 10, 2023 to Mar 30, 2023
      • Assets in custody · $1.2B to $677M
        Jan 10, 2023 to Mar 30, 2023
      • Employees · 324 to 342
        Jan 10, 2023 to Mar 30, 2023
      • Discretionary RAUM · $7.3B to $8.9B
        Jan 10, 2023 to Mar 30, 2023
      • Pooled vehicle RAUM · $1.2B to $677M
        Jan 10, 2023 to Mar 30, 2023
      • RAUM · $7.3B to $8.9B
        Jan 10, 2023 to Mar 30, 2023
      • Accounts · 2 to 3
        Feb 9, 2022 to Mar 31, 2022
      Signals
      4 dated events
      • Patrick John Mccormick (Co-Head Of Blackstone Alternative Investment Advisors Llc) no longer on Schedule A of Blackstone Alternative Investment Advisors Llc (listed 2021-07-01, absent 2021-12-23)
        Dec 23, 2021 · Control person left · inference
      • Blackstone Alternative Investment Advisors Llc reported RAUM $7.4B, down 51% from $15.0B (2021-02-01 to 2021-03-31)
        Mar 31, 2021 · RAUM change · derived
      • Leo Joseph Dowling (Co-Head Of Blackstone Alternative Investment Advisors Llc) appeared on Schedule A of Blackstone Alternative Investment Advisors Llc
        Feb 1, 2021 · Control person joined · fact
      • Blackstone Alternative Investment Advisors L.L.C. filed its initial SEC registration (Form ADV)
        Mar 15, 2013 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      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, Aug 4, 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