Blackstone Distressed Securities Advisors L.P. (New York)

Name: Blackstone Distressed Securities Advisors L.P.
Address: 345 Park Avenue, New York, NY, 10154
Telephone: 212-503-2100

Blackstone Distressed Securities Advisors L.P. is a related adviser based in New York. It manages $5.25 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2006.

Blackstone Distressed Securities Advisors provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Blackstone Distressed Securities Advisors: assets under management

The assets under management (AUM) of Blackstone Distressed Securities Advisors L.P. is $5.25 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -99% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $5.25 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.63 million each.

Blackstone Distressed Securities Advisors has custody of $5.25 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Blackstone Distressed Securities Advisors L.P. for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Blackstone Distressed Securities Advisors L.P.

Hamilton Evans James has been acting as President since 1 Jan 2005. Marisa Janel Beeney joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Blackstone Ds Advisors L.L.C.	General partner	1 Jan 2005	25% - 50%	20-2098727
John D Dionne	Limited partner	1 Jan 2005	50% - 75%	4366040
Peter George Peterson	Senior chairman	1 Jan 2005	Other	803568
Stephen Allen Schwarzman	Chairman & ceo	1 Jan 2005	Other	861435
Robert Laurence Friedman	Chief administrative officer & chief legal officer	1 Jan 2005	Other	3222081
Hamilton Evans James	President	1 Jan 2005	Other	821911
Michael A. (Mi Only) Puglisi	Chief financial officer	1 Jan 2005	Other	2526926
Blackstone Dd Advisors L.L.C.	General partner	1 Jan 2005	25% - 50%	20-2098727
Joshua Benjamin Rovine	Chief compliance officer	1 Jan 2005	Other	4641279
Peter David Koffler	Chief compliance officer	1 Dec 2006	Other	1749876
Blackstone Holdings I L.P.	Limited partner	1 Jun 2007	50% - 75%	26-0288589
Bennett Jay Goodman	Senior managing director	1 Mar 2008	Other	1155069
J Albert Smith	Senior managing director	1 Mar 2008	Other	1725193
Douglas Irving Ostrover	Senior managing director	1 Mar 2008	Other	1292770
Laurence Anthony Tosi	Chief financial officer of the blackstone group l.p.	1 Sep 2008	Other	4876604
John Gary Finley	Chief legal officer of the blackstone group l.p.	1 Sep 2010	Other	5837491
Marisa Janel Beeney	Chief compliance officer	1 Mar 2011	Other	5764686

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Blackstone Holdings I / Ii Gp Inc.	General partner	1 Jun 2007	Other	26-0238303
The Blackstone Group L.P.	Shareholder	1 Jun 2007	75% - 100%	20-8875684

Based in New York

The principal office where Blackstone Distressed Securities Advisors L.P. performs its advisory services is located at 345 Park Avenue, New York, NY 10154, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-503-2100 or by fax 212-503-6924. The normal business hours are 8:30 am to 5:30 pm on Monday - Friday. You can find more information about the New York firm at www.blackstone.com.