Key Takeaways
- • Blackstone Multi-Strategy Hedge Fund L.P. sold unregistered limited partnership units for total consideration of approximately $106.5 million, with sales occurring on October 1, 2026, according to a statement based on an SEC filing.
- • The largest component was 3,787,059 Class I-F units sold for $96.57 million, with smaller sales of 347,135 Class I units ($8.85 million) and 41,029 Class N units ($1.05 million).
- • Transactional NAV per unit as of September 30, 2026 was $25.48 for Class I, $25.46 for Class S, $25.47 for Class D and N, and $25.50 for Class I-F; aggregate transactional NAV for the fund and related parallel vehicles was approximately $276.9 million.
- • The offering is a continuous private placement limited to investors who are both accredited investors under Regulation D and qualified purchasers under the Investment Company Act of 1940, sold under 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 press release and Form 8-K filed with the Securities and Exchange Commission, as reported by Investing.com UK. The sales were finalized after the calculation of the fund's transactional net asset values as of September 30, 2026, and took place on October 1.
The transactions spanned several unit classes. 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 is structured as a continuous private placement. Units were sold only 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, in reliance on exemptions under Section 4(a)(2) and Regulation D.
The filing disclosed transactional NAV per unit for each class as of September 30, 2026: $25.48 for Class I, $25.46 for Class S, $25.47 for Class D and Class N, and $25.50 for Class I-F. No NAV was reported for Class S-F, D-F, or N-F units; the initial NAV for these classes will match the Class I-F NAV at the time of their initial sale. The aggregate transactional NAV for the fund and related parallel vehicles was approximately $276.9 million. The fund notes that transactional NAV is used to set transaction prices and may differ from NAV calculated under U.S. GAAP. The fund does not have securities registered on any public exchange.
The transactions spanned several unit classes. 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 is structured as a continuous private placement. Units were sold only 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, in reliance on exemptions under Section 4(a)(2) and Regulation D.
The filing disclosed transactional NAV per unit for each class as of September 30, 2026: $25.48 for Class I, $25.46 for Class S, $25.47 for Class D and Class N, and $25.50 for Class I-F. No NAV was reported for Class S-F, D-F, or N-F units; the initial NAV for these classes will match the Class I-F NAV at the time of their initial sale. The aggregate transactional NAV for the fund and related parallel vehicles was approximately $276.9 million. The fund notes that transactional NAV is used to set transaction prices and may differ from NAV calculated under U.S. GAAP. The fund does not have securities registered on any public exchange.
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