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Blackstone Strategic Alliance Master Fund III L.P.

Other Private FundFund ID 805-1284449283Delaware, United States
Gross assets
$342.5M
Min. investment
Beneficial owners
20
Size rank
Top 23%
Audited
Yes
Structure
Master

About this fund

Blackstone Strategic Alliance Master Fund III L.P. is a other private fund managed by Blackstone Strategic Alliance Advisors L.L.C.. The fund reports $342.5 million in gross assets, placing it among the top 23% of private funds by size. 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 ID805-1284449283
Fund typeOther Private Fund — FUND OF HEDGE FUNDS
3(c)(1) exclusionNo
3(c)(7) exclusionYes
Master fundYes
Feeder fundNo
Fund of fundsYes
Relies on exemption from registrationNo
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 Fund III L.P.Other Private$293.7M
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Frequently asked questions

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

Blackstone Strategic Alliance Master Fund III L.P. reports $342.5 million in gross assets, among the top 23% of private funds by size.

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

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

Does Blackstone Strategic Alliance Master 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

Reported gross assets

$342.5M▼ 60%
Mar '25 — $861.5MApr '25 — $861.5MMay '25 — $861.5MJun '25 — $861.5MJul '25 — $861.5MAug '25 — $861.5MSep '25 — $861.5MOct '25 — $861.5MNov '25 — $861.5MDec '25 — $861.5MJan '26 — $861.5MFeb '26 — $861.5MMar '26 — $342.5MApr '26 — $342.5MMay '26 — $342.5MJun '26 — $342.5M
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 23%
Larger than 77% of 67,041 private funds
Gross assets vs Other Private FundsTop 18%
Larger than 82% of 8,892 other private funds

Investor base

Adviser & related persons16%
Funds of funds14%
Non-U.S. persons61%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.