Blackstone Nwi Asset Management L.L.C. (New York)

Blackstone Nwi Asset Management L.L.C. is a large advisory firm based in New York. It manages $1.41 billion of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2014.

Blackstone Nwi Asset Management L.L.C 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 Nwi Asset Management L.L.C: assets under management

The assets under management (AUM) of Blackstone Nwi Asset Management L.L.C. is $1.41 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1557% since the beginning of its operation, and $1.41 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $1.41 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $471.43 million each.

Blackstone Nwi Asset Management L.L.C has custody of $1.29 billion in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Blackstone Nwi Asset Management L.L.C. for their services and products based on a percentage of assets under management. 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.

What kind of clients Blackstone Nwi Asset Management L.L.C serves?

The only and largest group of clients of Blackstone Nwi Asset Management L.L.C is pooled investment vehicles with 3 clients and $1.41 billion of assets under management. Among the 9 most similar advisory firms, Blackstone Nwi Asset Management L.L.C has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.41 billion for 3 clients. 67% of the firm’s clients are foreign persons or businesses.

Blackstone Nwi Asset Management L.L.C also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $5,000,000.

Careers at Blackstone Nwi Asset Management L.L.C.

The company employs 30 people that are either part- or full-time employees. 43 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Nwi Associates Llc	Managing member of blackstone nwi associates llc	1 Jul 2014	50% - 75%	13-4121684
Blackstone Alternative Asset Management Lp	Managing member	1 Jul 2014	50% - 75%	107580
Nwi Management Lp	Managing member	1 Jul 2014	50% - 75%	158366
Blackstone Alternative Asset Management Associates Llc	Managing member of blackstone nwi associates llc	1 Jul 2014	50% - 75%	26-0252864
Gideon Lee Berger	Executive committee member	1 Jul 2014	Other	4711523
Peter David Koffler	Executive committee member	1 Jul 2014	Other	1749876
Jayachandrika Hariharan	Executive committee member	1 Jul 2014	Other	5029370
Nellapalli Neelakantan Hariharan	Executive committee member	1 Jul 2014	Other	2250347
Hayley A. Stein	Chief compliance officer	1 Oct 2014	Other	6159987
Daniel Richard Haff	Chief compliance officer	1 Jan 2016	Other	3117339
Parisa Golestaneh	Executive committee member	1 Jul 2016	Other	4507444
Amy Lee Garges	Chief compliance officer	1 Oct 2016	Other	4288181

Indirect Owners

The SEC currently registers 16 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Llc Nwi	General partner	1 Feb 1999	Other	13-4046589
Jayachandrika Hariharan	Member	1 Apr 1999	25% - 50%	5029370
Nellapalli Neelakantan Hariharan	Managing member	1 Apr 1999	75% - 100%	2250347
Jayachandrika Hariharan	Managing member	1 May 2000	50% - 75%	5029370
Nellapalli Neelakantan Hariharan	Managing member	1 May 2000	50% - 75%	2250347
Blackstone Holdings I L.P.	Limited partner	1 Jun 2007	Other	26-0288589
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 Holdings I Sub (Baam) Gp L.L.C.	General partner	1 Mar 2008	Other	26-2271186
Blackstone Intermediary Holdco L.L.C.	Limited partner	1 Jul 2011	75% - 100%	45-2537313
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 Holdings I L.P.	Sole member	1 Jul 2011	Other	26-0288589
Blackstone Advisory Services L.L.C.	General partner	1 Jul 2011	Other	26-1124704
Blackstone Group Holdings L.L.C.	General partner	1 Jul 2011	Other	13-3901804
Blackstone Holdings Ii L.P.	Sole member	1 Sep 2013	75% - 100%	26-0288604

Based in New York

The principal office where Blackstone Nwi Asset Management L.L.C. performs its advisory services is located at 623 Fifth Avenue 23 Rd Floor, New York, NY 10022 The mailing address of the firm is 345 Park Avenue, New York, NY 10154. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-297-2950. The normal business hours are 9:00 am to 6:00 pm on Monday - Friday.