Address And Details

345 Park Avenue , New York, NY 10154
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

The investment objective of Blackstone Alternative Multi-Strategy Fund (the “Fund”) is to seek capital appreciation.Blackstone Alternative Investment Advisors LLC (the “Adviser”) seeks to achieve the Fund’s objective by allocating the Fund’s assets among a variety ofnon-traditional or “alternative” investment strategies.The Adviser allocates the Fund’s assets among sub-advisers with experience managing alternative investment strategies (the “Sub-Advisers”) and among Investment Funds (as described below).The Adviser also manages a portion of the Fund’s assets directly and,from time to time,may instruct Sub-Advisers with respect to particular investments.In pursuing the Fund’s investment objective, the Adviser focuses on the preservation of capital and seeks to maintain an investment portfolio with,on average,lower volatility relative to the broader equity markets.The main strategies of the Fund and Investment Funds include:Equity Hedge Strategies,which employ both long and short positions in primarily equity securities and equity related derivatives.Event-Driven Strategies,which focus on event-linked,reinsurance-related,and other types of instruments,including equities,debt income securities,and derivatives that are currently or may be prospectively affected by transactions or events,including mergers, restructurings,financial distress,tender offers,shareholder buybacks,debt exchanges,security issuance,other capital structure adjustments,shareholder activism,or triggering events relating to weather,natural disasters,and other catastrophes.Macro Strategies,which seek to profit from movements in,or risks related to,underlying macroeconomic variables and/or risk premia factors,and the impact those variables and factors have on equity, fixed income,currency,and/or commodity markets.Relative Value Strategies,which focus on potential valuation discrepancies in related financial instruments.

Net Asset Value

as of 7:01 PM ET 09/23/2021

Performance

  • 1 Week
  • -0.09%
  • 1 Month
  • +1.40%
  • 3 Months
  • +0.09%
  • 1 Yr Return
  • +8.07%
  • 5 Yr Return
  • +6.79%

Equity Sector Breakdown

Finance 13.12%
Technology 1.85%
RetailTrade 1.04%
Health 1.02%
NonDurables 0.73%
IndustrialCyclical 0.58%
Services 0.37%
Energy 0.36%
Utilities 0.22%
ConsumerDurables 0.09%

Asset Allocation

Asset Type % Of Allocation
Stocks 20.03%
ForeignStocks 0.52%
Preferred 0.09%
Convertible 0.07%
Other 0.06%
Cash 0.00%
Bonds 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 3.64 B

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -3.66 -2.80 n/a
Beta 0.37 0.34 n/a
R Squared 0.49 0.44 n/a
Std Deviation 9.80 7.77 n/a
Sharpe Ratio 0.28 0.37 n/a

Purchase Information

as of 7:13 PM ET 09/22/2021
Minimum Initial $1000000
Minimum Additional $200000
Minimum Initial IRA $0

Performance

Timeframe Average Annual Current Performance Monthly As Of 08/31/2021 Average Annual Current Performance Quarterly As Of 06/30/2021 Avg Annual Current Performance Monthly As Of 08/31/2021 Avg Annual Current Performance Quarterly As Of 06/30/2021
1 Year
  • +11.36%
  • +14.09%
+11.36% +14.09%
3 Year
  • +3.32%
  • +3.74%
+3.32% +3.74%
10 Year
  • n/a
  • n/a
n/a n/a
Life Of Fund
  • +3.14%
  • +3.21%
+3.14% +3.21%

Top 10 Holdings

Symbol Company Name % Of Assets
TORC RESTORBIO INC 0.00%
OMTH OMTHERA PHARMACEUTICALS INC 0.00%
ADRO ADURO BIOTECH INC 0.00%
NEWS NEWSTAR FINANCIAL INC 0.00%
OCFC OCEANFIRST FINANCIAL 0.47%
APSG APOLLO STRATEGIC GROWTH CAPIT 0.18%
PCPL CC NEUBERGER PRINCIPAL HLDGS 0.17%
TSLA TESLA INC 0.16%
ABBV ABBVIE INC 0.15%
PFE PFIZER INC 0.15%

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