|345 Park Avenue , New York, NY 10154|
|Fund Manager||Team Managed|
The investment objective of Blackstone Alternative Multi-Strategy Fund (the â€œFundâ€) is to seek capital appreciation.Blackstone Alternative Investment Advisors LLC (the â€œAdviserâ€) seeks to achieve the Fundâ€™s objective by allocating the Fundâ€™s assets among a variety ofnon-traditional or â€œalternativeâ€ investment strategies.The Adviser allocates the Fundâ€™s assets among sub-advisers with experience managing alternative investment strategies (the â€œSub-Advisersâ€) and among Investment Funds (as described below).The Adviser also manages a portion of the Fundâ€™s assets directly and,from time to time,may instruct Sub-Advisers with respect to particular investments.In pursuing the Fundâ€™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.
|Asset Type||% Of Allocation|
|Total Net Assets||3.64 B|
|Criteria||3 Years||5 Years||10 Years|
|Minimum Initial IRA||$0|
|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|
|Life Of Fund||
|Symbol||Company Name||% Of Assets|
|OMTH||OMTHERA PHARMACEUTICALS INC||0.00%|
|ADRO||ADURO BIOTECH INC||0.00%|
|NEWS||NEWSTAR FINANCIAL INC||0.00%|
|APSG||APOLLO STRATEGIC GROWTH CAPIT||0.18%|
|PCPL||CC NEUBERGER PRINCIPAL HLDGS||0.17%|
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