Blackstone Liquid Credit Strategies Llc
- Regulatory AUM
- $18.8B
- Discretionary
- $18.8B
- Clients
- 43
- Avg AUM / client
- $437M
- Accounts
- 47
- Employees
- 711
AUM over time
Annual snapshots from Form ADV filings · as of Jul 30, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| High net worth individuals | Fewer than 5 clients | $1.9B | 10.2% |
| Investment companies | 6 | $8.7B | 46.1% |
| Pooled investment vehicles (non-investment companies) | 37 | $7.8B | 41.4% |
| Charitable organizations | Fewer than 5 clients | $156M | 0.83% |
| Insurance companies | Fewer than 5 clients | $275M | 1.47% |
Private funds (54)
View all →Reported in Form ADV Section 7.B.(1), filing of Dec 2024 · $22.7B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Greenwood Park Clo, Ltd. | Securitized Asset Fund | Cayman Islands | $1.0B | 0 |
| Cook Park Clo, Ltd. | Securitized Asset Fund | Cayman Islands | $925M | 0 |
| Gilbert Park Clo, Ltd. | Securitized Asset Fund | Cayman Islands | $871M | 0 |
| Blackstone Secured Trust Ltd master | Other Private Fund | Cayman Islands | $793M | 26 |
| Blackstone European Senior Loan Feeder Fund (Cayman) feeder | Hedge Fund | Ireland | $703M | 30 |
| Harbor Park Clo, Ltd. | Securitized Asset Fund | Cayman Islands | $690M | 0 |
| Unity Peace Park Clo, Ltd. | Securitized Asset Fund | Jersey | $649M | 0 |
| Stewart Park Clo, Ltd. | Securitized Asset Fund | Cayman Islands | $645M | 0 |
| Catskill Park Clo, Ltd. | Securitized Asset Fund | Cayman Islands | $616M | 0 |
| Cirrus Funding 2018 1, Ltd. | Securitized Asset Fund | Cayman Islands | $610M | 0 |
| Wellman Park Clo, Ltd. | Securitized Asset Fund | Cayman Islands | $601M | 0 |
| Dewolf Park Clo, Ltd. | Securitized Asset Fund | Cayman Islands | $563M | 0 |
| Fillmore Park Clo, Ltd. | Securitized Asset Fund | Cayman Islands | $542M | 0 |
| Long Point Park Clo, Ltd. | Securitized Asset Fund | Cayman Islands | $525M | 0 |
| Davis Park Clo, Ltd. | Securitized Asset Fund | Jersey | $502M | 0 |
People (6)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Beeney, Marisa, Janel | General Counsel | Feb 2010 (17y) | Less than 5% | |
| Iannarone, Thomas, Lawrence | Chief Operating Officer Of Liquid Credit Strategies | Jan 2013 (14y) | Less than 5% | |
| Bougiamas, Panayiota (Toula), K. | Chief Compliance Officer | Oct 2019 (7y) | Less than 5% | |
| Dellaert, Gilles, Maurice | Global Head Of Blackstone Credit And Insurance | Jan 2024 (3y) | Less than 5% | |
| Skinner, William, P | Chief Financial Officer | Jan 2024 (3y) | Less than 5% | |
| Hoghooghi, Ida | Chief Operating Officer | Jul 2024 (2y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Blackstone Alternative Credit Advisors Lp | Managing Member | Jul 2007 | A | 75% or more |
| Stoneco Iv Corporation | Sole Member | Oct 2015 | B | ≈ 14.06% – 50% via Gso Capital Partners Gp L.L.C. |
| Blackstone Inc. | Sole Member | Jun 2007 | B | ≈ 1.32% – 18.75% via Blackstone Holdings I/Ii Gp L.L.C. |
| Blackstone Holdings I L.P. | Managing Member | Jan 2009 | B | ≈ 28.13% – 75% via Gso Holdings I L.L.C. |
| Blackstone Holdings Iv Gp L.P. | Limited Partner | Jul 2019 | B | ≈ 2.64% – 28.13% via Blackstone Holdings Iv Gp Sub Lp |
| Blackstone Holdings Iv Gp Management L.L.C. | Sole Member | Jun 2007 | B | ≈ 0.99% – 21.09% via Blackstone Holdings Iv Gp Limited Partner L.L.C. |
| Gso Holdings I L.L.C. | Limited Partner | Mar 2008 | B | ≈ 37.5% – 75% via Blackstone Alternative Credit Advisors Lp |
| Blackstone Holdings I/Ii Gp L.L.C. | General Partner | Sep 2015 | B | ≈ 1.76% – 18.75% via Blackstone Holdings Ai L.P. |
| Blackstone Holdings Iv L.P. | Shareholder | Jun 2007 | B | ≈ 7.03% – 37.5% via Stoneco Iv Corporation |
| Blackstone Holdings Iv Gp Limited Partner L.L.C. | Limited Partner | Jun 2007 | B | ≈ 1.32% – 21.09% via Blackstone Holdings Iv Gp L.P. |
| Blackstone Holdings Iv Gp Sub Lp | Limited Partner | Jul 2019 | B | ≈ 3.52% – 28.13% via Blackstone Holdings Iv L.P. |
| Blackstone Holdings Iv Gp Management (Delaware) L.P. | General Partner | Jun 2007 | B | ≈ 3.52% – 28.13% via Blackstone Holdings Iv L.P. |
| Blackstone Holdings Ai L.P. | Shareholder | Jul 2019 | B | ≈ 3.52% – 25% via Stoneco Iv Corporation |
| Gso Capital Partners Gp L.L.C. | General Partner | Oct 2015 | B | ≈ 18.75% – 50% via Blackstone Alternative Credit Advisors Lp |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Stoneco Iv Corporation: 75% – 100% of Gso Capital Partners Gp L.L.C. × 25% – 50% of Blackstone Alternative Credit Advisors Lp × 75% – 100% direct ≈ 14.06% – 50% of the firm
- Blackstone Inc.: 75% – 100% of Blackstone Holdings I/Ii Gp L.L.C. × 50% – 75% of Blackstone Holdings Ai L.P. × 25% – 50% of Stoneco Iv Corporation × 75% – 100% of Gso Capital Partners Gp L.L.C. × 25% – 50% of Blackstone Alternative Credit Advisors Lp × 75% – 100% direct ≈ 1.32% – 18.75% of the firm
- Blackstone Holdings I L.P.: 75% – 100% of Gso Holdings I L.L.C. × 50% – 75% of Blackstone Alternative Credit Advisors Lp × 75% – 100% direct ≈ 28.13% – 75% of the firm
- Blackstone Holdings Iv Gp L.P.: 75% – 100% of Blackstone Holdings Iv Gp Sub Lp × 50% – 75% of Blackstone Holdings Iv L.P. × 50% – 75% of Stoneco Iv Corporation × 75% – 100% of Gso Capital Partners Gp L.L.C. × 25% – 50% of Blackstone Alternative Credit Advisors Lp × 75% – 100% direct ≈ 2.64% – 28.13% of the firm
- Blackstone Holdings Iv Gp Management L.L.C.: 75% – 100% of Blackstone Holdings Iv Gp Limited Partner L.L.C. × 50% – 75% of Blackstone Holdings Iv Gp L.P. × 75% – 100% of Blackstone Holdings Iv Gp Sub Lp × 50% – 75% of Blackstone Holdings Iv L.P. × 50% – 75% of Stoneco Iv Corporation × 75% – 100% of Gso Capital Partners Gp L.L.C. × 25% – 50% of Blackstone Alternative Credit Advisors Lp × 75% – 100% direct ≈ 0.99% – 21.09% of the firm
- Gso Holdings I L.L.C.: 50% – 75% of Blackstone Alternative Credit Advisors Lp × 75% – 100% direct ≈ 37.5% – 75% of the firm
- Blackstone Holdings I/Ii Gp L.L.C.: 50% – 75% of Blackstone Holdings Ai L.P. × 25% – 50% of Stoneco Iv Corporation × 75% – 100% of Gso Capital Partners Gp L.L.C. × 25% – 50% of Blackstone Alternative Credit Advisors Lp × 75% – 100% direct ≈ 1.76% – 18.75% of the firm
- Blackstone Holdings Iv L.P.: 50% – 75% of Stoneco Iv Corporation × 75% – 100% of Gso Capital Partners Gp L.L.C. × 25% – 50% of Blackstone Alternative Credit Advisors Lp × 75% – 100% direct ≈ 7.03% – 37.5% of the firm
- Blackstone Holdings Iv Gp Limited Partner L.L.C.: 50% – 75% of Blackstone Holdings Iv Gp L.P. × 75% – 100% of Blackstone Holdings Iv Gp Sub Lp × 50% – 75% of Blackstone Holdings Iv L.P. × 50% – 75% of Stoneco Iv Corporation × 75% – 100% of Gso Capital Partners Gp L.L.C. × 25% – 50% of Blackstone Alternative Credit Advisors Lp × 75% – 100% direct ≈ 1.32% – 21.09% of the firm
- Blackstone Holdings Iv Gp Sub Lp: 50% – 75% of Blackstone Holdings Iv L.P. × 50% – 75% of Stoneco Iv Corporation × 75% – 100% of Gso Capital Partners Gp L.L.C. × 25% – 50% of Blackstone Alternative Credit Advisors Lp × 75% – 100% direct ≈ 3.52% – 28.13% of the firm
- Blackstone Holdings Iv Gp Management (Delaware) L.P.: 50% – 75% of Blackstone Holdings Iv L.P. × 50% – 75% of Stoneco Iv Corporation × 75% – 100% of Gso Capital Partners Gp L.L.C. × 25% – 50% of Blackstone Alternative Credit Advisors Lp × 75% – 100% direct ≈ 3.52% – 28.13% of the firm
- Blackstone Holdings Ai L.P.: 25% – 50% of Stoneco Iv Corporation × 75% – 100% of Gso Capital Partners Gp L.L.C. × 25% – 50% of Blackstone Alternative Credit Advisors Lp × 75% – 100% direct ≈ 3.52% – 25% of the firm
- Gso Capital Partners Gp L.L.C.: 25% – 50% of Blackstone Alternative Credit Advisors Lp × 75% – 100% direct ≈ 18.75% – 50% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (54, $22.7B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Greenwood Park Clo, Ltd. | Securitized Asset Fund | $1.0B | $125K | 0 |
| Cook Park Clo, Ltd. | Securitized Asset Fund | $925M | $250K | 0 |
| Gilbert Park Clo, Ltd. | Securitized Asset Fund | $871M | $250K | 0 |
| Blackstone Secured Trust Ltd | Other Private Fund | $793M | $100K | 26 |
| Blackstone European Senior Loan Feeder Fund (Cayman) | Hedge Fund | $703M | $100K | 30 |
| Harbor Park Clo, Ltd. | Securitized Asset Fund | $690M | $250K | 0 |
| Unity Peace Park Clo, Ltd. | Securitized Asset Fund | $649M | $250K | 0 |
| Stewart Park Clo, Ltd. | Securitized Asset Fund | $645M | $250K | 0 |
| Catskill Park Clo, Ltd. | Securitized Asset Fund | $616M | $100K | 0 |
| Cirrus Funding 2018 1, Ltd. | Securitized Asset Fund | $610M | $250K | 0 |
| Wellman Park Clo, Ltd. | Securitized Asset Fund | $601M | $250K | 0 |
| Dewolf Park Clo, Ltd. | Securitized Asset Fund | $563M | $250K | 0 |
| Fillmore Park Clo, Ltd. | Securitized Asset Fund | $542M | $250K | 0 |
| Long Point Park Clo, Ltd. | Securitized Asset Fund | $525M | $250K | 0 |
| Davis Park Clo, Ltd. | Securitized Asset Fund | $502M | $250K | 0 |
| Thompson Park Clo, Ltd. | Securitized Asset Fund | $502M | $250K | 0 |
| Bear Mountain Park Clo, Ltd. | Securitized Asset Fund | $501M | $250K | 0 |
| Milford Park Clo, Ltd. | Securitized Asset Fund | $501M | $250K | 0 |
| Rockland Park Clo, Ltd. | Securitized Asset Fund | $501M | $250K | 0 |
| Kings Park Clo, Ltd. | Securitized Asset Fund | $500M | $250K | 0 |
| Storm King Park Clo, Ltd. | Securitized Asset Fund | $500M | $250K | 0 |
| Reese Park Clo Ltd | Securitized Asset Fund | $500M | $100K | 0 |
| Nyack Park Clo, Ltd. | Securitized Asset Fund | $499M | $250K | 0 |
| Bethpage Park Clo, Ltd. | Securitized Asset Fund | $497M | $250K | 0 |
| Thayer Park Clo, Ltd. | Securitized Asset Fund | $495M | $100K | 0 |
Top 25 of 54 funds by gross assets · all funds
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 05/20/2026 | 8.97 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- BNY Mellon $432M (2% of AUM) May 2026
- State Street $281M (1% of AUM) Dec 2019
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jul 30, 2026.
View current Form ADV (SEC/IAPD) ↗