Blackstone Real Estate Advisors Iv L.L.C. (New York)


Blackstone Real Estate Advisors Iv L.L.C. is a large advisory firm based in New York. It manages $244.46 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdiction of California.

Blackstone Real Estate Advisors Iv 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 Real Estate Advisors Iv L.L.C: assets under management

The assets under management (AUM) of Blackstone Real Estate Advisors Iv L.L.C. is $244.46 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -74% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $244.46 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $48.89 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Blackstone Real Estate Advisors Iv 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 Peter George Peterson serves?

The only and largest group of clients of Peter George Peterson is pooled investment vehicles with 5 clients and $244.46 million of assets under management. Among the 10 most similar advisory firms, Blackstone Real Estate Advisors Iv L.L.C has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $244.46 million for 5 clients. None of the firm’s clients are foreign persons or businesses.

Blackstone Real Estate Advisors Iv L.L.C also advises several private funds. Namely, five real estate funds. The minimum investment commitment required of non-related persons is $10,000,000 for each fund.

Careers at Blackstone Real Estate Advisors Iv L.L.C.

The company employs 385 people that are either part- or full-time employees. 73 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.

Peter George Peterson has been acting as President since 1 Jul 2002. James J Mossman has served as the Chief Investment Officer since 1 Jul 2002. Kathleen Theresa Mccarthy Baldwin joined the executive team most recently as the Global Co Head Of Real Estate.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Jonathan David Gray Senior managing director 1 Sep 1994 Other 2289544
Dennis James Mcdonagh Chief financial officer 1 Jan 1995 Other 2676953
Michael A Puglisi Chief financial officer / senior managing director 1 Jul 2002 Other 2526926
John Gilroy Schreiber Investment committee 1 Jul 2002 Other 415135
John Kukral Senior managing director, investment committee 1 Jul 2002 Other 2158611
Gary M Sumers Senior managing director, investment committee 1 Jul 2002 Other 2158622
Peter George Peterson Chairman 1 Jul 2002 Other 803568
Stephen Allen Schwarzman Chief executive officer, chief compliance officer 1 Jul 2002 Other 861435
James J Mossman Chief investment officer 1 Jul 2002 Other 1857323
James Tomilson Hill Vice chairman, investment committee 1 Jul 2002 Other 2114386
Michael A. (Mi Only) Puglisi Chief financial officer 1 Jul 2002 Other 2526926
Jonathan David Gray Member 1 Jul 2002 Other 2289544
Inc. Aig Bg Holdings Member 1 Jul 2002 Other 13-4019085
Hamilton Evans James Vice chairman 1 Oct 2002 Other 821911
Joshua Benjamin Rovine Chief compliance officer 1 Oct 2002 Other 4641279
Chad Rustan Pike Senior managing director 1 Jan 2003 Other 2378742
James Tomilson Hill Vice chairman 1 Jan 2003 Other 2114386
Robert Laurence Friedman Chief legal officer / senior managing director 1 Mar 2003 Other 3222081
Hamilton Evans James Vice chairman, investment committee 1 Mar 2003 Other 821911
Bre Advisors Iv L.L.C. Member 1 Jun 2003 50% - 75% 20-0651634
Northwood Investors L.L.C. Member 1 Jan 2004 Other 20-0415439
Joshua Benjamin Rovine Chief compliance officer 1 Oct 2004 Other 4641279
William Jay Stein Member 1 Jan 2006 Other 5117068
Chad Rustan Pike Group co-head 1 Jan 2006 Other 2378742
Jonathan David Gray Group co-head 1 Jan 2006 Other 2289544
Blackstone Holdings I L.P. Member 1 Jun 2007 75% - 100% 26-0288589
Laurence Anthony Tosi Chief financial officer of the blackstone group l.p. 1 Sep 2008 Other 4876604
Judy Turchin Chief compliance officer of registrant and each relying adviser 1 Sep 2010 Other 5421525
John Gary Finley Chief legal officer 1 Sep 2010 Other 5837491
Jonathan David Gray Global head of real estate 1 Jan 2011 Other 2289544
Blackstone Intermediary Holdco L.L.C. Sole member 1 Jul 2011 75% - 100% 45-2537313
Kathleen T. Mccarthy Baldwin Senior managing director 1 Jan 2014 Other 3243119
Kathleen T. Mccarthy Baldwin Global real estate chief operating officer 1 Jan 2015 Other 3243119
Paul Daniel Quinlan Global real estate chief financial officer 1 Jan 2015 Other 4165998
Kenneth Alan Caplan Global real estate chief investment officer 1 Jan 2015 Other 2649076
Kathleen Theresa Mccarthy Baldwin Global real estate chief operating officer 1 Jan 2015 Other 3243119
Farhad Mawji Karim Global real estate general counsel 1 Jan 2017 Other 6773840
Leonid Volchyok Global real estate chief compliance officer 1 Sep 2017 Other 6255368
Patrick John Kassen Chief compliance officer and managing director 1 Dec 2017 Other 6179188
Kathleen Theresa Mccarthy Baldwin Global co-head of real estate 1 Feb 2018 Other 3243119
Kenneth Alan Caplan Global co-head of real estate 1 Feb 2018 Other 2649076

Indirect Owners

The SEC currently registers 9 indirect owners.

Name Entity Date acquired Ownership Employer ID
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 Holdings I/Ii Gp Llc 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% 13-3492074
Blackstone Holdings I L.P. Limited partner 1 Jul 2011 75% - 100% 26-0288589
Blackstone Advisory Services L.L.C. General partner 1 Jul 2011 Other 26-1124704
Blackstone Group Holdings L.L.C. General partner 1 Jul 2011 Other 13-3901804

Based in New York

The principal office where Blackstone Real Estate Advisors Iv 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 Santa Monica, CA. 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.

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