Blackstone Credit Systematic Strategies Llc
- Regulatory AUM
- $35.7B
- Discretionary
- $35.2B
- Clients
- 44
- Avg AUM / client
- $812M
- Accounts
- 48
- Employees
- 630
AUM over time
Annual snapshots from Form ADV filings · as of Mar 30, 2026
Asset allocation (SMA assets by investment type)
as of Mar 30, 2026Share of SMA assets by investment vehicle type, as filed in Form ADV Item 5.K. Dollar figures are percentages applied to total regulatory AUM.
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Investment companies | 3 | $1.1B | 3.05% |
| Pooled investment vehicles (non-investment companies) | 18 | $6.9B | 19.3% |
| Pension and profit sharing plans | 11 | $4.3B | 12.0% |
| Other investment advisers | Fewer than 5 clients | $630M | 1.76% |
| Insurance companies | 12 | $20.9B | 58.6% |
| Corporations and other businesses | Fewer than 5 clients | $68.4M | 0.19% |
| Other | Fewer than 5 clients | $1.8B | 5.06% |
Private funds (1)
Reported in Form ADV Section 7.B.(1), filing of Oct 2024 · $109M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Blackstone Credit Systematic Sakura Fund, A Series Trust Established Under Blackstone Credit Systematic Sakura Unit Trust | Private Equity Fund | Cayman Islands | $109M | 2 |
People (6)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Beeney, Marisa, Janel | General Counsel | Dec 2020 (6y) | Less than 5% | |
| Bougiamas, Panayiota (Toula), K. | Chief Compliance Officer | Dec 2020 (6y) | Less than 5% | |
| Iannarone, Thomas, Lawrence | Chief Operating Officer Of Liquid Credit Strategies | Dec 2020 (6y) | Less than 5% | |
| Dellaert, Gilles, Maurice | Global Head Of Blackstone Credit And Insurance | Jan 2024 (3y) | Less than 5% | |
| Skinner, William, P | Chief Financial Officer | Jan 2024 (3y) | Less than 5% | |
| Hoghooghi, Ida | Chief Operating Officer | Jul 2024 (2y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Blackstone Intermediary Holdco L.L.C. | Sole Member | Jan 2024 | A | 75% or more |
| Blackstone Inc. | Sole Member | Jun 2007 | B | ≈ 11.87% – 75% via Blackstone Holdings I/Ii Gp L.L.C. |
| Blackstone Securities Partners L.P. | Sole Member | Jul 2011 | B | ≈ 56.25% – 100% via Blackstone Intermediary Holdco L.L.C. |
| Blackstone Group Holdings L.P. | Limited Partner | Jul 2011 | B | ≈ 42.19% – 100% via Blackstone Securities Partners L.P. |
| Blackstone Holdings I L.P. | Limited Partner | Jul 2011 | B | ≈ 31.64% – 100% via Blackstone Group Holdings L.P. |
| Blackstone Holdings I/Ii Gp L.L.C. | General Partner | Jun 2007 | B | ≈ 15.82% – 75% via Blackstone Holdings I L.P. |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Blackstone Inc.: 75% – 100% of Blackstone Holdings I/Ii Gp L.L.C. × 50% – 75% of Blackstone Holdings I L.P. × 75% – 100% of Blackstone Group Holdings L.P. × 75% – 100% of Blackstone Securities Partners L.P. × 75% – 100% of Blackstone Intermediary Holdco L.L.C. × 75% – 100% direct ≈ 11.87% – 75% of the firm
- Blackstone Securities Partners L.P.: 75% – 100% of Blackstone Intermediary Holdco L.L.C. × 75% – 100% direct ≈ 56.25% – 100% of the firm
- Blackstone Group Holdings L.P.: 75% – 100% of Blackstone Securities Partners L.P. × 75% – 100% of Blackstone Intermediary Holdco L.L.C. × 75% – 100% direct ≈ 42.19% – 100% of the firm
- Blackstone Holdings I L.P.: 75% – 100% of Blackstone Group Holdings L.P. × 75% – 100% of Blackstone Securities Partners L.P. × 75% – 100% of Blackstone Intermediary Holdco L.L.C. × 75% – 100% direct ≈ 31.64% – 100% of the firm
- Blackstone Holdings I/Ii Gp L.L.C.: 50% – 75% of Blackstone Holdings I L.P. × 75% – 100% of Blackstone Group Holdings L.P. × 75% – 100% of Blackstone Securities Partners L.P. × 75% – 100% of Blackstone Intermediary Holdco L.L.C. × 75% – 100% direct ≈ 15.82% – 75% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (1, $109M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Blackstone Credit Systematic Sakura Fund, A Series Trust Established Under Blackstone Credit Systematic Sakura Unit Trust | Private Equity Fund | $109M | $100K | 2 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 4.36 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- Citibank $13.9B (39% of AUM) Mar 2026
- BNY Mellon $8.4B (24% of AUM) Mar 2026
- UBS $976M (12% of AUM) Feb 2022
- Northern Trust $846M (11% of AUM) Feb 2022
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 30, 2026.
View current Form ADV (SEC/IAPD) ↗