Blackstone Real Estate Special Situations Advisors
Asset Manager SEC-registered adviser
Legal name: Blackstone Real Estate Special Situations Advisors L.L.C.
AUM
$70.0B
Regulatory AUM
Private funds
20
Real Estate 16 · Hedge Fund 4
Private fund assets
$19.5B
Gross asset value
Employees
255
Last Form D raise
Nov 2025
Most recent fund filing
From SEC Form ADV filing (filed Sep 8, 2026). View on SEC
People(2)
Owners and executive officers named on the firm's SEC Form ADV.
N
T
Funds(20)
Private funds reported on Form ADV, with amounts raised from the funds' SEC Form D filings.
| Fund | Type | Gross assets | Raised (Form D) | Investors | Last Form D | Recency |
|---|---|---|---|---|---|---|
| Blackstone Real Estate Credit Income Fund L.P. | Real Estate | $1.6B | — | — | Nov 2025 | Warm |
| Blackstone Real Estate Debt Strategies V L.P. | Real Estate | $3.8B | $5.1B | 16 | Jul 2024 | Cold |
| Blackstone Real Estate Debt Strategies V (lux) Scsp | Real Estate | $574.2M | $5.1B | 1 | Jul 2024 | Cold |
| Blackstone Real Estate Debt Strategies IV L.P. | Real Estate | $2.6B | — | — | Oct 2019 | Cold |
| Blackstone Real Estate Debt Strategies IV (lux) Scsp | Real Estate | $931.8M | — | — | Oct 2019 | Cold |
| Blackstone Real Estate Debt Strategies High-Grade L.P. | Real Estate | $440.4M | — | — | Feb 2017 | Cold |
| Blackstone Real Estate Debt Strategies III L.P. | Real Estate | $1.2B | $3.9B | 67 | Aug 2016 | Cold |
| Blackstone Real Estate Debt Strategies V - C L.P. | Real Estate | $3.5B | — | — | — | |
| Blackstone Cmbs Fund - G L.P. | Hedge Fund | $1.1B | — | — | — | |
| Blackstone Real Estate Debt Strategies - Supplemental Account C L.P. | Real Estate | $1.0B | — | — | — | |
| Blackstone Real Estate Debt Strategies V - Gaussian L.P. | Real Estate | $947.6M | — | — | — | |
| Blackstone Real Estate Debt Strategies IV - C L.P. | Real Estate | $553.7M | — | — | — | |
| Blackstone Real Estate Debt Strategies IV - Gaussian L.P. | Real Estate | $423.7M | — | — | — | |
| Blackstone Harrington Holdings L.P. | Hedge Fund | $246.1M | — | — | — | |
| Blackstone Cmbs Opportunity Fund L.P. | Hedge Fund | $168.2M | — | — | — |
Board seats
Companies whose SEC Form D filings name one of this firm's people as a director, matched by name and office ZIP code.
No board seats matched from SEC filings yet.
Regulatory identifiers
- CRD number
- 146043
- SEC file number
- 801-68749
- CIK
- 1596444
Sources
- SEC Form ADV Oct 14, 2026