Key Takeaways
- • Blackstone Multi-Strategy Hedge Fund L.P. sold unregistered limited partnership units for total consideration of approximately $106.5 million, finalized after calculating transactional net asset values as of September 30, 2026, according to a statement based on an SEC filing.
- • The sales occurred on October 1 and were dominated by Class I-F units: 3,787,059 units for $96.57 million, with 347,135 Class I units for $8.85 million and 41,029 Class N units for $1.05 million.
- • The aggregate transactional NAV for the fund and related parallel vehicles was approximately $276.9 million as of September 30, 2026.
- • Units were sold under a continuous private placement to investors who are both accredited investors under Regulation D and qualified purchasers under the Investment Company Act of 1940, relying on Section 4(a)(2) exemptions.
Summary
Blackstone Multi-Strategy Hedge Fund L.P. reported that it sold unregistered limited partnership units for total consideration of approximately $106.5 million, according to a statement based on a filing with the Securities and Exchange Commission. The sales were finalized after the calculation of the fund's transactional net asset values as of September 30, 2026, and occurred on October 1.
By class, the fund sold 347,135 Class I units for $8.85 million, 41,029 Class N units for $1.05 million, and 3,787,059 Class I-F units for $96.57 million. No sales were reported for Class S, Class D, or other classes during the period.
The offering was conducted as a continuous private placement limited to investors who qualify as both accredited investors under Regulation D of the Securities Act of 1933 and qualified purchasers under the Investment Company Act of 1940. The units were sold in reliance on exemptions from registration under Section 4(a)(2) and Regulation D.
The fund disclosed transactional NAV per unit as of September 30, 2026: $25.48 for Class I, $25.46 for Class S, $25.47 for Classes D and N, and $25.50 for Class I-F. No NAV was reported for Class S-F, D-F, or N-F units, which will be priced at the Class I-F NAV at initial sale. The aggregate transactional NAV for the fund and related parallel vehicles was approximately $276.9 million. The company noted that transactional NAV is used to set unit transaction prices and may differ from NAV calculated under generally accepted accounting principles.
Blackstone Multi-Strategy Hedge Fund L.P. has no securities registered on any public exchange. The information is based on a press release and the company's Form 8-K filed with the SEC.
By class, the fund sold 347,135 Class I units for $8.85 million, 41,029 Class N units for $1.05 million, and 3,787,059 Class I-F units for $96.57 million. No sales were reported for Class S, Class D, or other classes during the period.
The offering was conducted as a continuous private placement limited to investors who qualify as both accredited investors under Regulation D of the Securities Act of 1933 and qualified purchasers under the Investment Company Act of 1940. The units were sold in reliance on exemptions from registration under Section 4(a)(2) and Regulation D.
The fund disclosed transactional NAV per unit as of September 30, 2026: $25.48 for Class I, $25.46 for Class S, $25.47 for Classes D and N, and $25.50 for Class I-F. No NAV was reported for Class S-F, D-F, or N-F units, which will be priced at the Class I-F NAV at initial sale. The aggregate transactional NAV for the fund and related parallel vehicles was approximately $276.9 million. The company noted that transactional NAV is used to set unit transaction prices and may differ from NAV calculated under generally accepted accounting principles.
Blackstone Multi-Strategy Hedge Fund L.P. has no securities registered on any public exchange. The information is based on a press release and the company's Form 8-K filed with the SEC.
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