Blackstone — funds, providers and filings

The US-reported view

The sections below draw on US regulatory filings — SEC Form ADV and Form D — and on US investors' own disclosures. They set out Blackstone's US-reported slice: the funds, service providers, domiciles and activity visible in US filings, not its worldwide business.

1. US-SEC private funds

This page reports $770.8bn of gross asset value across 1,292 private funds that Blackstone reports on SEC Form ADV, filings through 2024. Its firm-wide figures are in the Assets summary at the top of this page, measured on a different basis.

Worldwide, 486 registered fund vehicles are on file under its management companies, on the worldwide entity register (read 2026-10-05) — these are legal fund entities, not the share classes or products a manager markets.

2. Service providers

Deloitte audits 1,001 of the 1,016 Blackstone funds that name an auditor on Form ADV Schedule D, filings through 2024 — more than any other firm. Citco administers 342 of the 894 that name an administrator, on the same filings. Relationships the filings attribute to Blackstone's own group are part of its structure, not third-party appointments, and are left out of these counts.

Across the funds that disclose each role on Schedule D — the count is funds naming that provider, of funds disclosing the role at all:

3. Fund domiciles

598 of Blackstone's 1,292 SEC-reported private funds are domiciled in Delaware, its largest single domicile on Form ADV, filings through 2024. Cayman Islands is next, and the bars below give the rest in order.

4. Fund filing activity

Blackstone Infrastructure Partners F.2 L.P. is the largest US raise on file for a Blackstone fund: $6.4bn sold to date, on its 2026 Form D filing. Amounts are cumulative sold-to-date figures as filed. They cover a fund's life up to that filing, not a single fundraise, and a fund that raises outside the US files nothing here.

The largest of the 24 US private-fund filings for Blackstone's funds, by amount sold to date as filed — the full record is available on request: [email protected].

5. Fund performance

Every figure here is a disclosing pension plan's own, on that plan's own reporting date. Nothing is blended into a manager-level return, because no plan published one.

Per-fund net IRR, multiple and DPI as disclosed by the pension plans invested in the funds — the LPs' own numbers, on their own dates, not the manager's. One row per plan disclosure. Where two plans hold the same fund and report different numbers, both rows show, with their dates:

16 further disclosures are on where plans' numbers diverge and private market performance.

Young vintages sit in the J-curve: an early negative IRR mostly reflects fees drawn before value is realised, and is not a verdict on the fund.

6. Known LP investors, from their own disclosures

CalSTRS (19), Minnesota SBI (12), CalPERS (11), Washington WSIB (6), NYC Police (5), Oregon OPERF (4) — the count is this manager's funds appearing in that plan's disclosure.

7. Management entities

Blackstone files Form ADV through 37 management entities; the largest is Blackstone Alternative Asset Management L.P., CRD 107580 of New York, with 329 of the 1,292 funds on this page. Every figure above rolls those filers up into one business. The table below traces each of them back to the entity that filed it, so a number can be checked against its own record rather than taken on trust.

8. Similar managers

• Apollo Global Management — also names Deloitte as auditor on 1,112 of its funds (its Form ADV)
• BlackRock — also names Deloitte as auditor on 481 of its funds (its Form ADV)
• Brookfield — also names Deloitte as auditor on 575 of its funds (its Form ADV)
• KKR — also names Deloitte as auditor on 724 of its funds (its Form ADV)
• Ares Management — also names Deloitte as auditor on 3 of its funds (its Form ADV)
• Blue Owl — also names EY as auditor on 12 of its funds (its Form ADV)