Blackstone Management Partners L.L.C. (New York)
Blackstone Management Partners L.L.C. is a large advisory firm based in New York. It manages $64.82 billion of regulatory assets for 24 client accounts. It has been registered with the SEC as an adviser since 2008.
Blackstone Management Partners L.L.C 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 Management Partners L.L.C: assets under management
The assets under management (AUM) of Blackstone Management Partners L.L.C. is $64.82 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 205% since the beginning of its operation, and $2.64 billion of the total AUM is attributable to clients outside of the United States.
Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Blackstone Management Partners L.L.C. 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.
What kind of clients Hamilton Evans James serves?
The only and largest group of clients of Hamilton Evans James is pooled investment vehicles with 24 clients and $64.82 billion of assets under management. Among the 9 most similar advisory firms, Blackstone Management Partners L.L.C has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $64.82 billion for 24 clients. 13% of the firm’s clients are foreign persons or businesses.
Blackstone Management Partners L.L.C also advises several private funds. Namely, twenty three private equity funds. The minimum investment commitment required of non-related persons ranges from $10,000,000 to $150,000,000.
Careers at Blackstone Management Partners L.L.C.
The company employs 182 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Hamilton Evans James has been acting as President since 1 Sep 2005. Omar R Rehman joined the executive team most recently as the Chief Compliance Officer.
Direct owners and executive officers
Indirect Owners
The SEC currently registers 9 indirect owners.Based in New York
The principal office where Blackstone Management Partners L.L.C. 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 212-583-5000 or by fax 212-583-5749. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at blackstone.com.
Registered investment advisers similar to Blackstone Management Partners L.L.C.
- Morgan Stanley Investment Management Limited
- Cam North America
- Acadian Asset Management
- Aberdeen Asset Management Asia Limited
- Ing Investment Management
- Aeltus Investment Management
- Marathon Asset Management
- LPl Financial Corporation
- Franklin Mutual Advisers
- Lazard Freres &
- Amundi Pioneer Asset Management
- Axa Investment Managers
- Tpg Capital Advisors
- Blackstone Alternative Asset Management
- Ivy Investment Management Company