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Blackstone Strategic Alliance Fund III L.P.

Other Private FundFund ID 805-9707520245Delaware, United States
Gross assets
$293.7M
Min. investment
$10M
Beneficial owners
7
Size rank
Top 25%
Audited
Yes
Structure
Feeder

About this fund

Blackstone Strategic Alliance Fund III L.P. is a other private fund managed by Blackstone Strategic Alliance Advisors L.L.C.. The fund reports $293.7 million in gross assets, placing it among the top 25% of private funds by size. The stated minimum investment is $10 million. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.

Fund details

Fund ID805-9707520245
Fund typeOther Private Fund — FUND OF HEDGE FUNDS
3(c)(1) exclusionNo
3(c)(7) exclusionYes
Master fundNo
Feeder fundYes
Fund of fundsYes
Relies on exemption from registrationYes
Annual auditYes
Prepared per GAAPYes
Sub-advisedNo
% of assets independently valued100%

Other funds from this manager

FundTypeGross assets
Blackstone Strategic Alliance Offshore Fund III Ltd.Other Private$1.49B
Blackstone Strategic Alliance Fund IV (lux) ScspOther Private$1.15B
Blackstone Strategic Alliance Master Fund III L.P.Other Private$342.5M
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Frequently asked questions

How large is Blackstone Strategic Alliance Fund III L.P.?

Blackstone Strategic Alliance Fund III L.P. reports $293.7 million in gross assets, among the top 25% of private funds by size.

What is the minimum investment for Blackstone Strategic Alliance Fund III L.P.?

The stated minimum investment is $10 million.

Who manages Blackstone Strategic Alliance Fund III L.P.?

Blackstone Strategic Alliance Fund III L.P. is managed by Blackstone Strategic Alliance Advisors L.L.C.

Does Blackstone Strategic Alliance Fund III L.P. disclose returns?

No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.

Service providers

Prime broker
None reported
Administrator
Auditor
Marketer

Reported gross assets

$293.7M▲ 109%
Mar '25 — $140.7MApr '25 — $140.7MMay '25 — $140.7MJun '25 — $140.7MJul '25 — $140.7MAug '25 — $140.7MSep '25 — $140.7MOct '25 — $140.7MNov '25 — $140.7MDec '25 — $140.7MJan '26 — $140.7MFeb '26 — $140.7MMar '26 — $293.7MApr '26 — $293.7MMay '26 — $293.7MJun '26 — $293.7M
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 25%
Larger than 75% of 67,041 private funds
Gross assets vs Other Private FundsTop 20%
Larger than 80% of 8,892 other private funds
Minimum investmentTop 6%
Higher than 94% of funds reporting a minimum

Investor base

Adviser & related persons97%
Funds of funds86%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.