Blackstone Isg I Advisors L.L.C. (New York)


Blackstone Isg I Advisors L.L.C. is a large advisory firm based in New York. It manages $23.92 billion of regulatory assets for 10 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of Maryland.

Blackstone Isg I Advisors L.L.C provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. 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 Isg I Advisors L.L.C: assets under management

The assets under management (AUM) of Blackstone Isg I Advisors L.L.C. is $23.92 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 7% since the beginning of its operation, and $1.81 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $23.92 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.39 billion each.

Investments

The firm invests in pooled investment vehicles the most. They account for 35% of the total AUM. The second-largest asset type is non-investment grade corporate bonds, which make up 12% of the firm’s portfolio. Investments in state and local bonds form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Blackstone Isg I Advisors 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 Blackstone Isg I Advisors L.L.C serves?

The firm provides services to insurance companies and pooled investment vehicles. The largest group of clients of Blackstone Isg I Advisors L.L.C is insurance companies with 8 clients and $23.88 billion of assets under management. Among the 7 most similar advisory firms, Blackstone Isg I Advisors L.L.C has the highest percentage of insurance companies out of all clients.

The amount of regulatory assets under management is $23.92 billion for 10 clients. 60% of the firm’s clients are foreign persons or businesses.

Blackstone Isg I Advisors L.L.C also advises several private funds. Namely, two private equity funds.

Careers at Blackstone Isg I Advisors L.L.C.

The company employs 43 people that are either part- or full-time employees. 84 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.

Christopher Owsley Blunt joined the executive team most recently as the Chief Executive Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
John Gary Finley Chief legal officer 1 Aug 2017 Other 5837491
Jeffrey Carter Iverson Chief compliance officer 1 Aug 2017 Other 5950763
Blackstone Intermediary Holdco L.L.C. Sole member 1 Aug 2017 75% - 100% 45-2537313
Matthew Bryant Skurbe Treasurer 1 Aug 2017 Other 5199151
Martin Richard Alderson Smith Chief executive officer 1 Aug 2017 Other 2609552
Christopher Owsley Blunt Chief executive officer 1 Jan 2018 Other 1557026

Indirect Owners

The SEC currently registers 8 indirect owners.

Name Entity Date acquired Ownership Employer ID
Blackstone Holdings I L.P. Limited partners 1 Jun 2007 75% - 100% 26-0288589
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
Blackstone Advisory Services L.L.C. General partner 1 Jun 2007 Other 26-1124704
Blackstone Holdings I/Ii Gp L.L.C. General partner 1 Jun 2007 Other 26-0238303
The Blackstone Group Inc. Sole member 1 Jun 2007 75% - 100% 20-8875684
Blackstone Advisory Partners L.P. Sole member 1 Jul 2011 75% - 100% 17917
Blackstone Group Holdings L.P. Limited partner 1 Jul 2011 75% - 100% 13-3901804

Based in New York

The principal office where Blackstone Isg I Advisors 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. An additional office of the firm is in Baltimore, MD. 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 646-455-4377. The normal business hours are 9:00 am-5:00pm on Monday - Friday. You can find more information about the New York firm at blackstone.com.