Gso / Blackstone Debt Funds Management LLC (New York)


Gso / Blackstone Debt Funds Management LLC is a large advisory firm based in New York. It manages $37.09 billion of regulatory assets for 81 client accounts. It has been registered with the SEC as an adviser since 2010.

Gso / Blackstone Debt Funds Management provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Gso / Blackstone Debt Funds Management: assets under management

The assets under management (AUM) of Gso / Blackstone Debt Funds Management LLC is $37.09 billion. The firm's AUM has grown by 474% since the beginning of its operation, and $31.57 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $36.8 billion in discretionary accounts and $285.48 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $465.88 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $142.74 million.

Investments

The firm invests in other assets the most. They account for 62% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 24% of the firm’s portfolio. Investments in cash and cash equivalents form 14% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Gso / Blackstone Debt Funds Management LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Hamilton Evans James serves?

The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Hamilton Evans James is pooled investment vehicles with 70 clients and $31.44 billion of assets under management. Among the 9 most similar advisory firms, Gso / Blackstone Debt Funds Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $36.08 billion for 75 clients. 89% of the firm’s clients are foreign persons or businesses.

Gso / Blackstone Debt Funds Management also advises several private funds. Namely, five hedge funds, four other private funds, one private equity fund, and sixty three securitized asset funds. The minimum investment commitment required of non-related persons ranges from $0 to $500,000.

Careers at Gso / Blackstone Debt Funds Management LLC

The company employs 319 people that are either part- or full-time employees. 45 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 13 people 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.

Hamilton Evans James has been acting as President since 1 Mar 2008. Blackstone Holdings Iv Gp L.P. joined the executive team most recently as the Limited Partner.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Gso Capital Partners (Uk) Ltd. Managing partner of gso capital partners international llp 1 Nov 2006 75% - 100% 05562508 (uk tax id)
Gso Capital Partners Lp Managing member 1 Jul 2007 75% - 100% 137519
Bennett Jay Goodman Founder 1 Jul 2007 Other 1155069
J Albert Smith Founder 1 Jul 2007 Other 1725193
Douglas Irving Ostrover Founder 1 Jul 2007 Other 1292770
Daniel Harlan Smtih Head of customized credit strategies and senior managing director 1 Jul 2007 Other 1714463
Daniel Harlan Smith Head of customized credit strategies and senior managing director & director of dfe 1 Jul 2007 Other 1714463
Luzile Anne Francisco Manigbas Co-chief financial officer of gso capital partners lp 1 Jul 2007 Other 4179823
Stephen Allen Schwarzman Chairman and ceo 1 Mar 2008 Other 861435
Hamilton Evans James President 1 Mar 2008 Other 821911
Eric Rosenberg Chief financial officer 1 Mar 2009 Other 4718734
George I (Mi Only) Fan Chief operating officer 1 Feb 2010 Other 2952591
Marisa Janel Beeney Chief compliance officer / chief legal officer 1 Feb 2010 Other 5764686
Blackstone Holdings Iv Lp Shareholder of three relying advisers (dfm, dfme, dfme ii) 1 Jan 2012 75% - 100% 26-0450259
Blackstone/Gso Debt Funds Management Europe (Luxembourg) Sarl Shareholder of relying adviser (dfme) 1 Feb 2012 75% - 100% 26-0450259
Graphite Holdings Llc Managing member of relying adviser (dfe) 1 Feb 2012 75% - 100% 26-0450259
Alan Joseph Kerr Director of dfe, dfme & dfme ii 1 May 2012 Other 6631391
Thomas Lawrence Iannarone Chief operating officer of gso / blackstone debt funds management llc 1 Jan 2013 Other 6175273
Philip Bowen Austin Director of dfe 1 May 2013 Other 5349467
Philip Joseph Austin Director of dfe 1 May 2013 Other 5349467
Blackstone/Gso Debt Funds Management Europe Limited Shareholder of relying adviser (dfme ii) 1 Dec 2013 75% - 100% 26-0450259
Desmond Michael Quigley Director of dfme & dfme ii 1 Apr 2014 Other 6631719
Stephen Langan Director of dfe 1 Jan 2016 Other 6631715
Vijay Vithal Bharadia Director of dfme & dfme ii 1 Jan 2016 Other 6631720
Doris Lee Silvestri Chief financial officer 1 Mar 2016 Other 6642541
Doris Nmn Lee Silvestri Chief financial officer 1 Mar 2016 Other 6642541
Alex James Leonard Director of dfme & dfme ii 1 Apr 2017 Other 6810976
Fiona Mary O'connor Director of dfme & dfme ii 1 Apr 2017 Other 6806161
Donald Dwight Scott President 1 Jun 2017 Other 2257157
Susan Elizabeth Burkhardt Chief compliance officer 1 Oct 2018 Other 6013503
Paul Mark Kelly Chief operating officer 1 Jan 2019 Other 2467161
Kevin Michael Kresge Head of finance 1 Mar 2019 Other 4909396

Indirect Owners

The SEC currently registers 38 indirect owners.

Name Entity Date acquired Ownership Employer ID
Gso Capital Partners Lp Shareholder 1 Sep 2005 75% - 100% 137519
Blackstone Holdings Iii L.P. Shareholder 1 Jun 2007 75% - 100% 26-0450202
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 Iii Gp L.P. General partner 1 Jun 2007 Other 26-0288893
Blackstone Holdings Iii Gp Management L.L.C. General partner 1 Jun 2007 Other 26-0269478
Blackstone Holdings Iii Lp Shareholder 1 Jun 2007 75% - 100% 26-0450202
Blackstone Holdings Iii Gp Limited Partner Llc Limited partner 1 Jun 2007 75% - 100% 26-0269539
Blackstone Holdings Iii Gp Management Llc General partner 1 Jun 2007 75% - 100% 26-0269478
Blackstone Holdings Iv Gp Lp General partner 1 Jun 2007 50% - 75% 26-0450123
Blackstone Holdings Iv Gp Limited Partner Llc Limited partner 1 Jun 2007 75% - 100% 26-0269715
Blackstone Holdings Iv Gp Management (Delaware) Lp General partner 1 Jun 2007 Other 26-0289161
Blackstone Holdings Iv Gp Management Llc Managing member 1 Jun 2007 75% - 100% 26-0269616
The Blackstone Group Lp Member 1 Jun 2007 75% - 100% 20-8875684
Blackstone Holdings Iv L.P. Shareholder 1 Jun 2007 50% - 75% 26-0450202
Blackstone Holdings Iii Gp Limited Partner L.L.C. Limited partner 1 Jun 2007 75% - 100% 26-0269539
Blackstone Holdings Iv Gp L.P. General partner 1 Jun 2007 Other 26-0450123
Blackstone Holdings Iv Gp Limited Partner L.L.C. Limited partner 1 Jun 2007 75% - 100% 26-0269715
Blackstone Holdings Iv Gp Management (Delaware) L.P. General partner 1 Jun 2007 Other 26-0289161
Blackstone Holdings Iv Gp Management L.L.C. Managing member 1 Jun 2007 75% - 100% 26-0269616
The Blackstone Group Inc. Sole member 1 Jun 2007 75% - 100% 20-8875684
Blackstone Holdings I/Ii Gp L.L.C. General partner 1 Jun 2007 50% - 75% 26-0238303
Blackstone Holdings Ii Lp Managing member 1 Feb 2008 Other 26-0450123
Blackstone Holdings Ii L.P. Managing member 1 Feb 2008 Other 26-0450123
Gso Advisor Holdings L.L.C. General partner 1 Mar 2008 Other 26-2321386
Gso Holdings I L.L.C. Limited partner 1 Mar 2008 75% - 100% 26-2945877
Blackstone Holdings I L.P. Managing member 1 Mar 2008 75% - 100% 26-0288589
Stoneco Iv Corporation Member 1 Mar 2008 25% - 50% 26-0395032
Blackstone Holdings I L.P. Managing member 1 Jan 2009 50% - 75% 26-0288589
Blackstone/Gso Debt Funds Europe (Luxembourg) Sarl Shareholder 1 Feb 2012 75% - 100% 26-0450259
Blackstone/Debt Funds Europe Limited Shareholder 1 Feb 2012 75% - 100% 26-0450259
Blackstone Holdings Iv Lp Shareholder 1 Feb 2012 75% - 100% 26-0450259
Blackstone/Gso Debt Funds Europe Limited Shareholder 1 Feb 2012 75% - 100% 26-0450259
Blackstone Holdings Iv L.P. Shareholder 1 Feb 2012 75% - 100% 26-0450259
Gso Capital Partners Gp L.L.C. General partner 1 Oct 2015 Other 26-2321386
Stoneco Iv Corporation Sole member 1 Oct 2015 75% - 100% 26-0395032
Blackstone Holdings Iv Gp L.P. Limited partner 1 Jul 2019 75% - 100% 26-0450123
Blackstone Holdings Iv Gp Sub Lp Limited partner 1 Jul 2019 50% - 75% foreign entity

Based in New York

The principal office where Gso / Blackstone Debt Funds Management 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 212-503-2100 or by fax 212-503-6924. The normal business hours are 8:30 am -5:30 pm on Monday - Friday. You can find more information about the New York firm at gsocap.com.