0001752724-19-057943.txt : 20190614
0001752724-19-057943.hdr.sgml : 20190614
20190614150858
ACCESSION NUMBER: 0001752724-19-057943
CONFORMED SUBMISSION TYPE: N-CEN
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20190331
FILED AS OF DATE: 20190614
DATE AS OF CHANGE: 20190614
EFFECTIVENESS DATE: 20190614
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: Blackstone Alternative Investment Funds
CENTRAL INDEX KEY: 0001557794
IRS NUMBER: 300748288
STATE OF INCORPORATION: MA
FISCAL YEAR END: 0331
FILING VALUES:
FORM TYPE: N-CEN
SEC ACT: 1940 Act
SEC FILE NUMBER: 811-22743
FILM NUMBER: 19898670
BUSINESS ADDRESS:
STREET 1: 345 PARK AVENUE
STREET 2: 28TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10154
BUSINESS PHONE: 212-583-5000
MAIL ADDRESS:
STREET 1: 345 PARK AVENUE
STREET 2: 28TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10154
FORMER COMPANY:
FORMER CONFORMED NAME: Blackstone Investor Solutions Funds
DATE OF NAME CHANGE: 20120907
0001557794
S000045538
Blackstone Alternative Multi-Strategy Fund
C000141764
Class I
C000145025
Class D Shares
C000145026
Class R Shares
C000145027
Class Y Shares
N-CEN
1
primary_doc.xml
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811-22743
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Blackstone Alternative Investment Funds
811-22743
0001557794
549300C1ND700M70DR68
345 PARK AVENUE
28TH FLOOR
NEW YORK
10154-0004
US-NY
US
212-583-5000
Blackstone Alternative Investment Advisors LLC
345 Park Avenue
New York
10154-0004
212-583-5000
The other books and other documents required to be maintained by the Registrant pursuant to Section 31(a) of the Investment Company Act of 1940 Act
State Street Bank and Trust Company
1 Lincoln Street
Boston
02111
617-786-3000
Custody and Accounting Records
Y
N
N-1A
1
Y
Paul J. Lawler
000000000
N
John M. Brown
000000000
N
Peter Koffler
001749876
Y
Peter M. Gilbert
000000000
N
Frank J. Coates
000000000
Y
Kristen M. Leopold
000000000
N
James Hannigan
000000000
345 Park Avenue
New York
10154-0004
XXXXXX
N
N
N
N
N
N
Blackstone Advisory Partners L.P.
8-35941
000017917
00000000000000000000
Y
N
Deloitte & Touche LLP
34
00000000000000000000
N
N
N
N
N
N
Blackstone Alternative Multi-Strategy Fund
S000045538
549300L5W5CEUPTA7918
Y
4
0
0
N/A
N
Y
N
N
State Street Bank and Trust Company
571474TGEMMWANRLN572
N
N
Cash collateral reinvestment fee
Revenue sharing split
4802200.76846154
30082.82000000
Rule 17e-1 (17 CFR 270.17e-1)
Rule 32a-4 (17 CFR 270.32a-4)
Rule 17a-7 (17 CFR 270.17a-7)
Rule 12d1-1 (17 CFR 270.12d1-1)
Y
N
Y
N
Blackstone Alternative Investment Advisors LLC
801-77791
000165782
549300PB13E20JDP5732
N
Blackstone Real Estate Special Situations Advisors L.L.C.
801-68749
000146043
549300LUY356596MV847
Y
Good Hill Partners LP
801-70244
000150130
549300THBTSMZKEURM53
N
N
HealthCor Management, L.P.
801-74201
000159101
549300QONL2Z0BMQ2Z11
N
N
Caspian Capital LP
801-72238
000155751
549300A0OBYYG526Q538
N
N
Magnetar Asset Management LLC
801-108902
000285287
5493008PE8ZGIXYRT644
N
N
IPM Informed Portfolio Management AB
801-72719
000158110
549300FH7V0UTHT67K60
N
SE
N
Waterfall Asset Management, LLC
801-65087
000137746
549300RACQVOIC68DB49
N
N
Nephila Capital Ltd.
801-63514
000132780
549300PSKQMT6O8FR185
N
BM
N
H2O AM LLP
801-78613
000169065
549300V7YSH2IZ841X25
N
GB
N
Cerberus Sub-Advisory I, LLC
801-78207
000168018
549300UY41HDRPI8MS27
N
N
Boussard & Gavaudan Investment Management LLP
801-80122
000172298
549300GQCZVXBZ1VSR12
N
GB
N
GSA Capital Partners LLP
801-65491
000138805
213800CWAHHW6YYZII58
N
GB
N
Two Sigma Advisers, LP
801-71110
000152254
RR8XXLLT9L8B1RHYI071
N
N
NWI Management, LP
801-74514
000158366
549300JES2JIL6B78J73
N
N
Bayview Asset Management, LLC
801-73638
000157053
549300YJRSPSK5DWGL35
N
N
EMSO Asset Management Limited
801-66016
000139217
ZIOWCTVW4JM2K5HXCC78
N
GB
N
Sorin Capital Management, LLC
801-64086
000134835
JG6TBT0VEQ1QLU26AB02
N
N
D. E. Shaw Investment Management, L.L.C.
801-64222
000135284
549300ZUDX4FNDGUSO63
N
N
Endeavour Capital Advisors Inc.
801-73984
000137689
25490055O9YTITKMW666
N
N
Cerebellum GP, LLC
801-76821
000152478
549300CUF91IHTI68F11
2018-11-19
Gracian Capital LLC
801-107530
000165698
00000000000000000000
2018-07-03
State Street Bank and Trust Company
85-05003
571474TGEMMWANRLN572
N
N
N
IHS Markit Ltd.
549300HLPTRASHS0E726
GB
N
PricingDirect Inc.
549300WIC0TOJ7N7GD54
N
Refinitiv
549300NF240HXJO7N016
N
ICE Data Services, Inc.
5493000NQ9LYLDBCTL34
N
Bloomberg L.P.
549300B56MD0ZC402L06
N
State Street Bank and Trust Company
571474TGEMMWANRLN572
N
N
Citibank, National Association (Ciudad Autonoma de Buenos Aires, Ciudad Autonoma de Buenos Aires, AR, Branch)
E57ODZWZ7FF32TWEFA76
AR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Hongkong and Shanghai Banking Corporation Limited (Sydney, NSW, AU, Branch)
2HI3YI5320L3RW6NJ957
AU
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Mizuho Bank, Ltd. (Minato ku, Tokyo, JP, Branch)
RB0PEZSDGCO3JS6CEU02
JP
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Euroclear Limited
54930045L3MXWBD27H71
CH
N
Y
Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)
Citibank, National Association (Singapore, SG, Branch)
E57ODZWZ7FF32TWEFA76
SG
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
UBS Switzerland AG
549300WOIFUSNYH0FL22
CH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibank, Anonim Sirketi
CWZ8NZDH5SKY12Q4US31
TR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Standard Chartered Bank (Jakarta, Jakarta, ID, Branch)
5493006AUYAO7LJWX552
ID
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Hongkong and Shanghai Banking Corporation Limited (Auckland, Auckland, NZ, Branch)
2HI3YI5320L3RW6NJ957
NZ
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Standard Chartered Bank (Makati City, Metro Manila, PH, Branch)
RILFO74KP1CM8P6PCT96
PH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Ceskoslovenska obchodni banka, a. s.
Q5BP2UEQ48R75BOTCB92
CZ
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Standard Chartered Bank (Hong Kong) Limited
X5AV1MBDXGRPX5UGMX13
HK
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
BNP Paribas Securities Services (Athens, Attica, GR, Branch)
549300WCGB70D06XZS54
GR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibank, National Association (Sao Paulo, Sao Paulo, BR, Branch)
E57ODZWZ7FF32TWEFA76
BR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
UniCredit Bank Austria AG
D1HEB8VEU6D9M8ZUXG17
AT
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
State Street Bank and Trust Company (Edinburgh, GB, Branch)
571474TGEMMWANRLN572
GB
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Deutsche Bank Aktiengesellschaft (Jakarta, Jakarta, ID, Branch)
7LTWFZYICNSX8D621K86
ID
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Hongkong and Shanghai Banking Corporation Limited (Jung-gu, Seoul, KR, Branch)
2HI3YI5320L3RW6NJ957
KR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Standard Bank of South Africa Limited
QFC8ZCW3Q5PRXU1XTM60
ZA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Bank Hapoalim B.M.
B6ARUI4946ST4S7WOU88
IL
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Banco Nacional de Mexico, S.A., Integrante del Grupo Financiero Banamex
2SFFM4FUIE05S37WFU55
MX
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Clearstream Banking S.A.
549300OL514RA0SXJJ44
LU
N
Y
Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)
UniCredit Bank Hungary Zrt.
Y28RT6GGYJ696PMW8T44
HU
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Itau CorpBanca
549300DDPTTIZ06NIV06
CL
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Deutsche Bank Aktiengesellschaft (Makati City, Metro Manila, PH, Branch)
7LTWFZYICNSX8D621K86
PH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Joint Stock Company Commercial Bank Citibank
CHSQDSVI1UI96Y2SW097
RU
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
State Street Bank and Trust Company
571474TGEMMWANRLN572
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
Royal Bank of Canada
ES7IP3U3RHIGC71XBU11
CA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Deutsche Bank Aktiengesellschaft (Amsterdam, Noord Holland, NL, Branch)
7LTWFZYICNSX8D621K86
NL
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken AB
F3JS33DEI6XQ4ZBPTN86
SE
N
Y
Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)
State Street Trust Company Canada
549300L71XG2CTQ2V827
CA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Stanbic IBTC Bank PLC
549300NIVXF92ZIOVW61
NG
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Deutsche Bank (Malaysia) Berhad
529900DLWFR8HK7DR278
MY
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
State Street Bank International GmbH
ZMHGNT7ZPKZ3UFZ8EO46
DE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Standard Chartered Bank (Thai) Public Company Limited
549300O1LQYCQ7G1IM57
TH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Deutsche Bank Aktiengesellschaft (Madrid, Madrid, ES, Branch)
7LTWFZYICNSX8D621K86
ES
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Standard Chartered Bank Malaysia Berhad
549300JTJBG2QBI8KD48
MY
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Deutsche Bank Societa per Azioni
529900SS7ZWCX82U3W60
IT
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken A/S
F3JS33DEI6XQ4ZBPTN86
DK
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
N
State Street Bank and Trust Company
571474TGEMMWANRLN572
N
N
N
State Street Bank and Trust Company
571474TGEMMWANRLN572
N
N
N
Jefferies LLC
8-15074
000002347
58PU97L1C0WSRCWADL48
122745.02000000
Morgan Stanley & Co. LLC
8-15869
000008209
9R7GPTSO7KV3UQJZQ078
953394.65000000
Goldman Sachs & Co. LLC
8-129
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FOR8UP27PHTHYVLBNG30
503991.32000000
Investment Technology Group, Inc.
8-44218
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406460.36000000
International Strategy & Investment Group LLC
8-43515
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00000000000000000000
207634.31000000
Merrill Lynch, Pierce, Fenner & Smith Incorporated
8-7221
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8NAV47T0Y26Q87Y0QP81
1156362.12000000
Credit Suisse Securities (USA) LLC
8-422
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1V8Y6QCX6YMJ2OELII46
555705.19000000
JPMorgan Chase & Co.
8-35008
000000079
8I5DZWZKVSZI1NUHU748
255176.19000000
Deutsche Bank Securities Inc.
8-17822
000002525
9J6MBOOO7BECTDTUZW19
166057.09000000
Liquidnet, Inc.
8-52461
000103987
213800HSKBBO1GCVRG79
168961.02000000
6315308.76000000
Credit Suisse Securities (USA) LLC
8-422
000000816
1V8Y6QCX6YMJ2OELII46
34573884.79000000
Barclays Capital Inc.
8-41342
000019714
AC28XWWI3WIBK2824319
59069753.80000000
Deutsche Bank Securities Inc.
8-17822
000002525
9J6MBOOO7BECTDTUZW19
12374420.71000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
31126464.45000000
Citibank, National Association
N/A
000000000
E57ODZWZ7FF32TWEFA76
12217410.90
Jefferies LLC
8-15074
000002347
58PU97L1C0WSRCWADL48
13000000.00000000
Goldman Sachs & Co. LLC
8-129
000000361
FOR8UP27PHTHYVLBNG30
25528631.00000000
Nomura Holdings, Inc.
8-24357
000110814
549300B3CEAHYG7K8164
JP
73463000.00000000
Citigroup Global Markets Inc.
8-8177
000007059
MBNUM2BPBDO7JBLYG310
66629756.33
Merrill Lynch, Pierce, Fenner & Smith Incorporated
8-7221
000007691
8NAV47T0Y26Q87Y0QP81
134612625.00000000
542772395.81000000
N
6484773595.75000000
Committed
250000000.00000000
N
N
N
N
true
INTERNAL CONTROL RPT
2
NCEN_2041994421431813.txt
REPORT OF INDEPENDENT REGISTERED
PUBLIC ACCOUNTING FIRM
To the Board of Trustees of Blackstone Alternative
Investment Funds and the shareholders of Blackstone
Alternative Multi-Strategy Fund and Subsidiaries
In planning and performing our audit of the consolidated
financial statements of Blackstone Alternative Multi-
Strategy Fund and Subsidiaries (the "Fund"), a series of
Blackstone Alternative Investment Funds, as of and for the
year ended March 31, 2019, in accordance with the
standards of the Public Company Accounting Oversight
Board (United States) (PCAOB), we considered the Fund's
internal control over financial reporting, including controls
over safeguarding securities, as a basis for designing our
auditing procedures for the purpose of expressing our
opinion on the financial statements and to comply with the
requirements of Form N-CEN, but not for the purpose of
expressing an opinion on the effectiveness of the Fund's
internal control over financial reporting. Accordingly, we
express no such opinion.
The management of the Fund is responsible for establishing
and maintaining effective internal control over financial
reporting. In fulfilling this responsibility, estimates and
judgments by management are required to assess the
expected benefits and related costs of controls. A fund's
internal control over financial reporting is a process
designed to provide reasonable assurance regarding the
reliability of financial reporting and the preparation of
financial statements for external purposes in accordance
with generally accepted accounting principles. A fund's
internal control over financial reporting includes those
policies and procedures that (1) pertain to the maintenance
of records that, in reasonable detail, accurately and fairly
reflect the transactions and dispositions of the assets of the
fund; (2) provide reasonable assurance that transactions are
recorded as necessary to permit preparation of financial
statements in accordance with generally accepted
accounting principles, and that receipts and expenditures of
the fund are being made only in accordance with
authorizations of management and directors of the fund;
and (3) provide reasonable assurance regarding prevention
or timely detection of unauthorized acquisition, use, or
disposition of a fund's assets that could have a material
effect on the financial statements.
Because of its inherent limitations, internal control over
financial reporting may not prevent or detect misstatements.
Also, projections of any evaluation of effectiveness to
future periods are subject to the risk that controls may
become inadequate because of changes in conditions or that
the degree of compliance with the policies or procedures
may deteriorate.
A deficiency in internal control over financial reporting
exists when the design or operation of a control does not
allow management or employees, in the normal course of
performing their assigned functions, to prevent or detect
misstatements on a timely basis. A material weakness is a
deficiency, or a combination of deficiencies, in internal
control over financial reporting, such that there is a
reasonable possibility that a material misstatement of the
fund's annual or interim financial statements will not be
prevented or detected on a timely basis.
Our consideration of the Fund's internal control over
financial reporting was for the limited purpose described in
the first paragraph and would not necessarily disclose all
deficiencies in internal control that might be material
weaknesses under standards established by the PCAOB.
However, we noted no deficiencies in the Fund's internal
control over financial reporting and its operation, including
controls for safeguarding securities, that we consider to be
a material weakness, as defined above, as of March 31,
2019.
This report is intended solely for the information and use of
management and the Board of Trustees of the Fund and the
Securities and Exchange Commission and is not intended to
be and should not be used by anyone other than these
specified parties.
Deloitte & Touche LLP
New York, New York
May 28, 2019