# Blackstone Multi-Strategy Hedge Fund L.P. — capital_raise/private_placement [pending]
Source: SEC API (secapi.ai) · situation sit_45b298dff9e6cb42fa93 · retrieved 2026-08-11T15:50:51.138Z

## Overview
Blackstone Multi-Strategy Hedge Fund L.P. is a Delaware limited partnership organized to invest and trade directly and indirectly in a wide variety of securities, assets and instruments, including equities, debt, currencies, commodities, and financial derivatives, employing the multi-asset investment division of Blackstone Inc.

On July 29, 2026, Blackstone Multi-Strategy Hedge Fund L.P. (the Fund) entered into an Investment Management Agreement with Blackstone Alternative Asset Management L.P. as investment manager and BXHF Aggregator (CYM) L.P. as the aggregator vehicle. On August 3, 2026, the Fund issued 5,795,000 Class I F Units for aggregate consideration of approximately $145 million, including 380,000 units purchased by the General Partner for approximately $9.5 million. The Fund also entered into an Amended and Restated Limited Partnership Agreement on July 29, 2026, establishing new unit classes including Founders Units with varying management fee rates. On July 30, 2026, the Aggregator entered into a revolving credit agreement with MUFG Alternative Fund Services (Cayman) Limited providing loans up to $20 million, maturing May 15, 2027, with automatic renewal through May 9, 2028, at a rate of three-month Term Secured Overnight Financing Rate plus 1.50% per annum plus 0.50% commitment fee.

## Terms
- Counterparty: Blackstone Alternative Asset Management L.P.; MUFG Alternative Fund Services (Cayman) Limited · Deal value: $145.0M · Consideration: cash

## Key dates
- Announced 2026-08-04 · Expiry 2028-05-09

## Timeline
- 2026-08-04 · 8-K (0001193125-26-331588): 8-K - Blackstone Multi-Strategy Hedge Fund L.P. — *Blackstone Multi-Strategy Hedge Fund L.P. is a Delaware limited partnership organized to invest and trade directly and indirectly in a wide variety of securities, assets and instruments, including equities, debt, currencies, commodities, and financial derivatives, employing the multi-asset investment division of Blackstone Inc.* On July 29, 2026, Blackstone Multi-Strategy Hedge Fund L.P. (the Fund) entered into an Investment Management Agreement with Blackstone Alternative Asset Management L.P. as investment manager and BXHF Aggregator (CYM) L.P. as the aggregator vehicle. On August 3, 2026, the Fund issued 5,795,000 Class I F Units for aggregate consideration of approximately $145 million, including 380,000 units purchased by the General Partner for approximately $9.5 million. The Fund also entered into an Amended and Restated Limited Partnership Agreement on July 29, 2026, establishing new unit classes including Founders Units with varying management fee rates. On July 30, 2026, the Aggregator entered into a revolving credit agreement with MUFG Alternative Fund Services (Cayman) Limited providing loans up to $20 million, maturing May 15, 2027, with automatic renewal through May 9, 2028, at a rate of three-month Term Secured Overnight Financing Rate plus 1.50% per annum plus 0.50% commitment fee.
  https://www.sec.gov/Archives/edgar/data/2095486/0001193125-26-331588.txt

## Citations
- 0001193125-26-331588 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526331588