X0505 N-CEN LIVE 0001557794 XXXXXXXX 811-22743 false false N-1A S000045538 C000145027 C000145026 C000145025 C000141764 Blackstone Alternative Investment Funds 811-22743 0001557794 549300C1ND700M70DR68 345 PARK AVENUE NEW YORK 10154-0004 US-NY US 212-583-5000 Bayforest Capital Limited 3 Orchard Place Unit 208/209 London GB SW1H 0BF 44-0-203-968-5227 Records related to its role as a sub-adviser. Bayview Asset Management, LLC 4425 Ponce de Leon Boulevard Coral Gables 33146 305-854-8880 Records related to its role as a sub-adviser. Blackstone Alternative Investment Advisors LLC 345 Park Avenue New York 10154-0004 212-583-5000 The other books and other documents required to be maintained by the Registrant pursuant to Section 31(a) of the Investment Company Act of 1940 Act Blackstone Liquid Credit Strategies LLC 345 Park Avenue New York 10154-0004 212-503-2100 Records related to its role as a sub-adviser. Blackstone Real Estate Special Situations Advisors L.L.C. 345 Park Avenue New York 10154-0004 212-583-5000 Records related to its role as a sub-adviser. Callodine Capital Management, LP Two International Place Suite 1830 Boston 02110 617-880-7494 Records related to its role as a sub-adviser. Capital Fund Management S.A. 23 rue de l'Universite Paris FR 75007 33-1-4949 5949 Records related to its role as sub-adviser Caspian Capital LP 10 East 53rd Street 35th floor New York 10022 212-826-6970 Records related to its role as a sub-adviser. Catalio Capital Management, LP 512 W. 22nd Street 5th floor New York 10011 410-989-6168 Records related to its role as a sub-adviser. D. E. Shaw Investment Management, L.L.C. Two Manhattan West 52nd Floor New York 10001 212-478-0000 Records related to its role as a sub-adviser. Fort Baker Capital Management LP 700 Larkspur Landing Circle Suite 275 Larkspur 94939 415-306-5508 Records related to its role as a sub-adviser. Harvest Fund Advisors LLC 100 West Lancaster Avenue 2nd Floor Wayne 19087 610-293-7800 Records related to its role as a sub-adviser. Maren Capital LLC 401 N. Michigan Ave Chicago 60611 773-832-7602 Records related to its role as a sub-adviser. Mariner Investment Group, LLC 299 Park Avenue 5th Floor New York 10171 914-670-4300 Records related to its role as a sub-adviser. Merritt Point Partners LLC 1999 Harrison Street Suite 1800 Oakland 94612 510-244-0170 Records related to its role as a sub-adviser. Mesarete Capital LLP 2-3 Golden Square Grafton House London GB W1F 9HR 44-0-203-148-2330 Records related to its role as a sub-adviser. Nephila Capital Ltd. 31 Victoria Street 3rd floor west Hamilton BM HM 10 441-296-3626 Records related to its role as a sub-adviser. North Reef Capital Management LP 1833 South Coast Highway Suite 210 Laguna Beach 92651 949-482-2121 Records related to its role as a sub-adviser. Oak Hill Advisors, L.P. 1 Vanderbilt Avenue 16th floor New York 10017 212-326-1500 Records related to its role as a sub-adviser. Oak Thistle LLC 160 Greentree Drive Suite 101 Dover 19904 617-308-5935 Records related to its role as a sub-adviser. Seiga Asset Management Limited Suite 2902 Prosperity Tower 39 Queen's Road Central HK 00000 852-3705-7700 Records related to its role as a sub-adviser. Seven Grand Managers, LLC 81 Pondfield Road Suite C302 Bronxville 10708 720-722-5804 Records related to its role as a sub-adviser. State Street Bank and Trust Company 1 Congress Street Suite 1 Boston 02114 617-786-3000 Custody and Accounting Records Two Sigma Investments, LP 100 Avenue of the Americas 16th floor New York 10013-1689 212-625-5700 Records related to its role as a sub-adviser. Varick Capital Partners, LP 1 Amstelplein 1 Amsterdam NL 1096 HA 31 20 333 2620 Records related to its role as a sub-adviser. N N N-1A 1 Y Frank J. Coates N/A N John M. Brown N/A Y Kristen M. Leopold N/A N Paul J. Lawler N/A N Peter Koffler 001749876 Y William Renahan 004009328 601 Lexington Avenue New York 10022 XXXXXX N N N N N N Blackstone Securities Partners L.P. 8-35941 000017917 549300018MESCFYS7O35 Y N Deloitte & Touche LLP 34 254900WYZPGQGKV3RF07 N N N N N N Blackstone Alternative Multi-Strategy Fund S000045538 549300L5W5CEUPTA7918 N 4 0 0 N/A N Y N State Street Bank and Trust Company 571474TGEMMWANRLN572 N N N/A N/A N/A Rule 18f-4 (17 CFR 270.18f-4) Rule 18f-4(d)(ii) (17 CFR 270.18f-4(d)(ii)) Rule 32a-4 (17 CFR 270.32a-4) Y Y Y N Blackstone Alternative Investment Advisors LLC 801-77791 000165782 549300PB13E20JDP5732 N Mariner Investment Group, LLC 801-62016 000124744 NXO6CSBU4HJQCHKIQG96 N N Oak Hill Advisors, L.P. 801-62894 000125352 41OEWS9I9GYRDB1SZ042 N N Capital Fund Management S.A. 801-61960 000125780 549300KKLDTNOIW0NU52 N FR Nephila Capital Ltd. 801-63514 000132780 549300PSKQMT6O8FR185 N BM N D. E. Shaw Investment Management, L.L.C. 801-64222 000135284 549300ZUDX4FNDGUSO63 N N Two Sigma Investments, LP 801-70476 000137137 0M6M8M9HXLW8D3AU0N32 N N Blackstone Liquid Credit Strategies LLC 801-68243 000144537 5493006JIA0445ZK3987 Y N Blackstone Real Estate Special Situations Advisors L.L.C. 801-68749 000146043 549300LUY356596MV847 Y N Harvest Fund Advisors, LLC 801-71791 000154425 SC71N3MJZMD0E7IQSQ35 Y N Caspian Capital LP 801-72238 000155751 549300A0OBYYG526Q538 N N Bayview Asset Management, LLC 801-73638 000157053 549300YJRSPSK5DWGL35 N N Fort Baker Capital Management LP 801-112796 000282926 5493001W8IOWFDUEI397 N N Seiga Asset Management Limited 801-119246 000288614 254900S63VU48Q48G640 N HK N Callodine Capital Management, LP 801-113867 000297115 549300ETWKTIM8X32T24 N Merritt Point Partners LLC 801-136317 000298680 549300QZ4DDOD1RTIL80 N N Oak Thistle LLC 801-119515 000299086 254900BJT7A3LBW3CH86 N N Seven Grand Managers, LLC 801-126147 000310026 98450047AA5AFF555504 N N Catalio Capital Management, LP 801-121976 000310374 549300P3CYP9WVN0M608 N N North Reef Capital Management LP 801-126191 000311056 549300C1ITJNK5N9N287 N N Bayforest Capital Limited N/A 000312969 213800UNLMI22EMVPL14 N GB N Mesarete Capital LLP 801-121562 000314600 549300OSEH8QPDJOK061 N GB N Maren Capital LLC 801-126517 000319626 254900E7U33DQ6YTGU05 N N Varick Capital Partners, LP N/A N/A 254900F9ZPGYUVXP8893 N NL N Fir Tree Capital Management LP 801-73273 000156651 549300ASZ9RL8XUHSM58 2025-05-30 Melqart Asset Management (UK) Ltd 801-126213 000287888 213800N4DD1PZ1DKRT27 GB 2025-08-27 Engelhart CTP Commodity Trading US, LLC N/A N/A 549300FMKEEACWXIUC85 2026-03-27 State Street Bank and Trust Company 85-05003 571474TGEMMWANRLN572 N N N Bloomberg L.P. 549300B56MD0ZC402L06 N ICE Data Services, Inc. 13-3668779 Tax ID N London Stock Exchange Group PLC 213800QAUUUP6I445N30 GB N Merrill Lynch Valuations LLC 54930015EWCI4VNCZP82 N PricingDirect Inc. 549300WIC0TOJ7N7GD54 N S&P Global Inc. 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KR6LSKV3BTSJRD41IF75 CZ N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) UniCredit Bank Hungary Zrt. Y28RT6GGYJ696PMW8T44 HU N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Y State Street Bank and Trust Company 571474TGEMMWANRLN572 N N N State Street Bank and Trust Company 571474TGEMMWANRLN572 N N N J.P. Morgan Securities LLC 8-35008 000000079 ZBUT11V806EZRVTWT807 880906.90000000 Goldman Sachs & Co. LLC 8-129 000000361 FOR8UP27PHTHYVLBNG30 1102013.53000000 Jefferies LLC 8-15074 000002347 58PU97L1C0WSRCWADL48 968180.72000000 UBS Securities LLC 8-22651 000007654 T6FIZBDPKLYJKFCRVK44 462699.79000000 Morgan Stanley & Co. 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LLC 8-15869 000008209 9R7GPTSO7KV3UQJZQ078 13472627882.11000000 HSBC Securities (USA) Inc. 8-41562 000019585 CYYGQCGNHMHPSMRL3R97 91059023.39000000 Barclays Capital Inc. 8-41342 000019714 AC28XWWI3WIBK2824319 212867051.25000000 RBC Capital Markets, LLC 8-45411 000031194 549300LCO2FLSSVFFR64 77174175.15000000 BofA Securities, Inc. 8-69787 000283942 549300HN4UKV1E2R3U73 12973957436.11000000 34615369941.53000000 Y 3752578763.81384615 Committed 350000000.00000000 N N N N Blackstone Alternative Investment Advisors LLC 549300PB13E20JDP5732 Y ABS-collateralized bond/debt obligation ABS-mortgage backed security ABS-other Debt Derivative-commodity Derivative-credit Derivative-equity Derivative-foreign exchange Derivative-interest rate Equity-common Equity-preferred Loan Other Repurchase agreement Short-term investment vehicle private fund Bloomberg Finance L.P. 5493001KJTIIGC8Y1R12 N ABS-collateralized bond/debt obligation ABS-mortgage backed security ABS-other Debt Derivative-commodity Derivative-credit Derivative-equity Derivative-foreign exchange Derivative-interest rate Equity-common Equity-preferred Loan Repurchase agreement Short-term investment vehicle N true