Blackstone ISG-II Advisors manages investments for pooled investment vehicles, including Allocation Funds and Investment Funds. Allocation Funds invest in Blackstone investment vehicles and third-party managers. Investment Funds acquire portfolio entities related to insurance companies and assets. Blackstone's investment decisions are based on market trends, macro-economic factors, and portfolio construction. The firm monitors conflicts of interest and makes recommendations regarding investment management and allocation decisions.
Blackstone ISG-II Advisors charges a management fee that varies by client, as described in each client's governing documents. Some clients may not be charged a management fee directly but may still be subject to fees from investments in underlying accounts. The management fee may be reduced by management fees from underlying Blackstone accounts. Blackstone may waive or reduce fees for certain investors, including Blackstone affiliates and personnel.