Blackstone Alternative Credit Advisors Lp
SEC-registered
Private Fund Manager · Large ($10B–$100B)
CRD 137519
· SEC file 801-65207
· New York, NY
· www.youtube.com
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ADV data as of May 20, 2026
- Regulatory AUM
- $44.1B
- Discretionary
- $42.6B
- Clients
- 136
- Avg AUM / client
- $324M
- Accounts
- 136
- Employees
- 753
AUM over time
$16.1B
$66.1B
Dec 2011
May 2026
Annual snapshots from Form ADV filings · as of May 20, 2026
Asset allocation (SMA assets by investment type)
as of May 20, 2026
Other
$35.7B
81%
Non-investment-grade bonds
$3.5B
8%
Non-exchange-traded equities
$3.1B
7%
Investment-grade corporate bonds
$882M
2%
Cash & equivalents
$882M
2%
Share 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 |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 124 | $37.5B | 85.0% |
| Insurance companies | 12 | $6.6B | 15.0% |
Private funds (91)
View all →Reported in Form ADV Section 7.B.(1), filing of Oct 2024 · $55.5B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Blackstone Capital Opportunities Fund Iv Lp master | Private Equity Fund | Delaware | $4.3B | 71 |
| Bxc Jade Super Topco Lp | Private Equity Fund | Delaware | $3.7B | 1 |
| Bxc Azul Super Topco Lp | Private Equity Fund | Delaware | $3.6B | 1 |
| Gso Capital Opportunities Fund Iii Lp master | Hedge Fund | Delaware | $3.4B | 147 |
| Gso Capital Solutions Fund Iii Lp master | Hedge Fund | Delaware | $3.4B | 143 |
| Gso Energy Select Opportunities Fund Ii Lp master | Hedge Fund | Delaware | $3.3B | 99 |
| Gso European Senior Debt Fund Ii Eea Scsp master | Hedge Fund | Luxembourg | $3.3B | 76 |
| Gso European Senior Debt Fund Ii Lp master | Hedge Fund | Cayman Islands | $2.1B | 27 |
| Blackstone Credit Series Fund C Lp | Private Equity Fund | Delaware | $1.9B | 2 |
| Gso Csf Iii Co Investment Fund Lp master | Private Equity Fund | Delaware | $1.7B | 24 |
| Blackstone Capital Opportunities Fund Iv Eea Scsp master | Private Equity Fund | Luxembourg | $1.6B | 43 |
| Gso Energy Select Opportunities Fund Lp master | Hedge Fund | Delaware | $1.5B | 145 |
| Gso Capital Opportunities Fund Ii L.P. master | Private Equity Fund | Cayman Islands | $1.2B | 91 |
| Gso Cof Iii Co Investment Fund Lp master | Private Equity Fund | Delaware | $1.1B | 36 |
| Blackstone Cof Iv Co Investment Fund Lp master | Private Equity Fund | Delaware | $1.0B | 18 |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Sheet Metal Workers Local 17 Annuity Income Fund Sheet Metal Workers Local No. 17 Annuity Income Fund | 2024 | |
| Employees' Retirement Plan Of Bose Corporation Bose Corporation | 2024 | |
| Twin City Hospitals Minnesota Nurses Association Pension Plan Pension Committee Under Twin City Hospitals Minnesota Nurses | 2024 |
People (5)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Beeney, Marisa, Janel | General Counsel | Feb 2010 (17y) | Less than 5% | |
| Bougiamas, Panayiota (Toula), K. | Chief Compliance Officer | Oct 2019 (7y) | 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 |
|---|---|---|---|---|
| Gso Holdings I L.L.C. | Limited Partner | Mar 2008 | A | 50% – 75% |
| Gso Capital Partners Gp L.L.C. | General Partner | Oct 2015 | A | 25% – 50% |
| Stoneco Iv Corporation | Sole Member | Oct 2015 | B | ≈ 18.75% – 50% via Gso Capital Partners Gp L.L.C. |
| Blackstone Inc. | Sole Member | Jun 2007 | B | ≈ 14.06% – 56.25% via Blackstone Holdings I/Ii Gp L.L.C. |
| Blackstone Holdings Iv Gp L.P. | Limited Partner | Jul 2019 | B | ≈ 3.52% – 28.13% via Blackstone Holdings Iv Gp Sub Lp |
| Blackstone Holdings Iv Gp Management L.L.C. | Sole Member | Jun 2007 | B | ≈ 1.32% – 21.09% via Blackstone Holdings Iv Gp Limited Partner L.L.C. |
| Blackstone Holdings I L.P. | Managing Member | Jan 2009 | B | ≈ 37.5% – 75% via Gso Holdings I L.L.C. |
| Blackstone Holdings I/Ii Gp L.L.C. | General Partner | Jun 2007 | B | ≈ 18.75% – 56.25% via Blackstone Holdings I L.P. |
| Blackstone Holdings Iv L.P. | Shareholder | Jun 2007 | B | ≈ 9.38% – 37.5% via Stoneco Iv Corporation |
| Blackstone Holdings Iv Gp Limited Partner L.L.C. | Limited Partner | Jun 2007 | B | ≈ 1.76% – 21.09% via Blackstone Holdings Iv Gp L.P. |
| Blackstone Holdings Iv Gp Sub Lp | Limited Partner | Jul 2019 | B | ≈ 4.69% – 28.13% via Blackstone Holdings Iv L.P. |
| Blackstone Holdings Iv Gp Management (Delaware) L.P. | General Partner | Jun 2007 | B | ≈ 1.76% – 21.09% via Blackstone Holdings Iv Gp L.P. |
| Blackstone Holdings Ai L.P. | Shareholder | Jul 2019 | B | ≈ 4.69% – 25% via Stoneco Iv Corporation |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Stoneco Iv Corporation: 75% – 100% of Gso Capital Partners Gp L.L.C. × 25% – 50% direct ≈ 18.75% – 50% of the firm
- Blackstone Inc.: 75% – 100% of Blackstone Holdings I/Ii Gp L.L.C. × 50% – 75% of Blackstone Holdings I L.P. × 75% – 100% of Gso Holdings I L.L.C. × 50% – 75% direct ≈ 14.06% – 56.25% of the firm
- Blackstone Holdings Iv Gp L.P.: 75% – 100% of Blackstone Holdings Iv Gp Sub Lp × 50% – 75% of Blackstone Holdings Iv L.P. × 50% – 75% of Stoneco Iv Corporation × 75% – 100% of Gso Capital Partners Gp L.L.C. × 25% – 50% direct ≈ 3.52% – 28.13% of the firm
- Blackstone Holdings Iv Gp Management L.L.C.: 75% – 100% of Blackstone Holdings Iv Gp Limited Partner L.L.C. × 50% – 75% of Blackstone Holdings Iv Gp L.P. × 75% – 100% of Blackstone Holdings Iv Gp Sub Lp × 50% – 75% of Blackstone Holdings Iv L.P. × 50% – 75% of Stoneco Iv Corporation × 75% – 100% of Gso Capital Partners Gp L.L.C. × 25% – 50% direct ≈ 1.32% – 21.09% of the firm
- Blackstone Holdings I L.P.: 75% – 100% of Gso Holdings I L.L.C. × 50% – 75% direct ≈ 37.5% – 75% of the firm
- Blackstone Holdings I/Ii Gp L.L.C.: 50% – 75% of Blackstone Holdings I L.P. × 75% – 100% of Gso Holdings I L.L.C. × 50% – 75% direct ≈ 18.75% – 56.25% of the firm
- Blackstone Holdings Iv L.P.: 50% – 75% of Stoneco Iv Corporation × 75% – 100% of Gso Capital Partners Gp L.L.C. × 25% – 50% direct ≈ 9.38% – 37.5% of the firm
- Blackstone Holdings Iv Gp Limited Partner L.L.C.: 50% – 75% of Blackstone Holdings Iv Gp L.P. × 75% – 100% of Blackstone Holdings Iv Gp Sub Lp × 50% – 75% of Blackstone Holdings Iv L.P. × 50% – 75% of Stoneco Iv Corporation × 75% – 100% of Gso Capital Partners Gp L.L.C. × 25% – 50% direct ≈ 1.76% – 21.09% of the firm
- Blackstone Holdings Iv Gp Sub Lp: 50% – 75% of Blackstone Holdings Iv L.P. × 50% – 75% of Stoneco Iv Corporation × 75% – 100% of Gso Capital Partners Gp L.L.C. × 25% – 50% direct ≈ 4.69% – 28.13% of the firm
- Blackstone Holdings Iv Gp Management (Delaware) L.P.: 50% – 75% of Blackstone Holdings Iv Gp L.P. × 75% – 100% of Blackstone Holdings Iv Gp Sub Lp × 50% – 75% of Blackstone Holdings Iv L.P. × 50% – 75% of Stoneco Iv Corporation × 75% – 100% of Gso Capital Partners Gp L.L.C. × 25% – 50% direct ≈ 1.76% – 21.09% of the firm
- Blackstone Holdings Ai L.P.: 25% – 50% of Stoneco Iv Corporation × 75% – 100% of Gso Capital Partners Gp L.L.C. × 25% – 50% direct ≈ 4.69% – 25% 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 (91, $55.5B gross assets)
Top 25 of 91 funds by gross assets · all funds
From Form ADV Section 7.B private fund reporting.
Retirement plans served (3)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Sheet Metal Workers Local 17 Annuity Income Fund | Sheet Metal Workers Local No. 17 Annuity Income Fund | 3,288 | $656M | 04/01/2024 |
| Employees' Retirement Plan Of Bose Corporation | Bose Corporation | 1,232 | $866M | 01/01/2024 |
| Twin City Hospitals Minnesota Nurses Association Pension Plan | Pension Committee Under Twin City Hospitals Minnesota Nurses | 16,212 | $2.4B | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 05/20/2026 | 24.5 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 pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- Bnp Paribas $3.1B (7% of AUM) May 2026
- BNY Mellon $1.9B (4% of AUM) May 2026
- Citibank $1.6B (4% of AUM) May 2026
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: May 20, 2026.
View current Form ADV (SEC/IAPD) ↗