Blackstone Management Partners Iii LLC (New York)


Blackstone Management Partners Iii LLC is a large advisory firm based in New York. It manages $188.14 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2001.

Blackstone Management Partners Iii 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 Management Partners Iii: assets under management

The assets under management (AUM) of Blackstone Management Partners Iii LLC is $188.14 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -93% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $188.14 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $62.71 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Blackstone Management Partners Iii LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Blackstone Management Partners Iii LLC

Peter George Peterson has been acting as President since 1 May 1997. John Gary Finley joined the executive team most recently as the Chief Legal Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Michael A Puglisi Chief financial officer 1 Jul 1995 Other 2526926
Michael A. (Mi Only) Puglisi Chief financial officer 1 Jul 1995 Other 2526926
Peter George Peterson Chairman 1 May 1997 Other 803568
Stephen Allen Schwarzman Chief executive officer, chief compliance officer 1 May 1997 Other 861435
Mark Timothy Gallogly Senior managing director, investment committee 1 May 1997 Other 1964603
James J Mossman Senior managing director, investment committee 1 May 1997 Other 1857323
Howard Andrew Lipson Senior managing director, investment committee 1 May 1997 Other 1857311
James Tomilson Hill Vice chairman, investment committee 1 May 1997 Other 2114386
Inc. Aig Bg Holdings Limited partner 1 Jul 1998 Other 13-3492074
Hamilton Evans James Vice chairman, investment committee 1 Oct 2002 Other 821911
James Tomilson Hill Vice chairman 1 Jan 2003 Other 2114386
Robert Laurence Friedman Chief legal officer / senior managing director 1 Mar 2003 Other 3222081
Joshua Benjamin Rovine Chief compliance officer 1 Oct 2004 Other 4641279
Garrett Michael Moran Member 1 Sep 2005 Other 1079336
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
John Gary Finley Chief legal officer 1 Sep 2010 Other 5837491
Blackstone Intermediary Holdco L.L.C. Sole member 1 Jul 2011 75% - 100% 45-2537313
John Gary Finley Chief legal officer / chief compliance officer 1 Jan 2013 Other 5837491
Joseph Patrick Baratta Global head of private equity 1 Jan 2013 Other 2378730
Vikrant Sawhney Chief operating officer 1 Jan 2013 Other 2002041
John Gary Finley Chief legal officer 1 May 2013 Other 5837491
Omar R Rehman Chief compliance officer 1 May 2013 Other 5111738

Indirect Owners

The SEC currently registers 7 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 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 Advisory Services L.L.C. General partner 1 Jul 2011 Other 26-1124704
Blackstone Holdings I L.P. Sole member 1 Jul 2011 75% - 100% 26-0288589
Blackstone Group Holdings L.L.C. General partner 1 Jul 2011 Other 13-3901804

Based in New York

The principal office where Blackstone Management Partners Iii LLC performs its advisory services is located at 345 Park Avenue, New York, NY 10154, which is also the mailing address of the firm. 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 212-583-5687. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at www.blackstone.com.