AltMountain

BPIF Non-Taxable L.P.

New York, NY · CIK 1212857 · Managed by Blackstone Alternative Asset Management L.P.

BPIF Non-Taxable L.P. is a hedge fund based in New York, New York. According to its most recent Form D, filed Feb 27, 2026, the fund has sold $6,925,998,439 of interests to 198 investors since its first sale in Jul 1996. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Blackstone Alternative Asset Management Associates LLC; Blackstone Alternative Asset Management L.P.

Performance

No verified returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.

Is this your fund? Report your monthly returns · How performance works

Total raised
$6,925,998,439Cumulative sales reported on Form D
Investors
198
First sale
Jul 1, 1996
Minimum investment
None set
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Blackstone Alternative Asset Management Associates LLC; Blackstone Alternative Asset Management L.P
Latest Form D
Feb 27, 2026

From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about BPIF Non-Taxable L.P.

What is the minimum investment for BPIF Non-Taxable L.P.?

BPIF Non-Taxable L.P.'s latest Form D, filed Feb 27, 2026, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in BPIF Non-Taxable L.P.?

BPIF Non-Taxable L.P. is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.

How much has BPIF Non-Taxable L.P. raised?

BPIF Non-Taxable L.P. reports $6,925,998,439 sold from 198 investors on its Form D filed Feb 27, 2026. This is cumulative sales since the offering began, not current assets or performance.

Where is BPIF Non-Taxable L.P. based?

BPIF Non-Taxable L.P. is based in New York, New York and is managed by Blackstone Alternative Asset Management L.P..

When did BPIF Non-Taxable L.P. launch?

BPIF Non-Taxable L.P. reports its first sale in Jul 1996.

Size compared with every hedge fund

Raised more than 99% of the 2,544 hedge funds based in New York, and more than 99% of all 10,308 that report sales.

Other funds with the same team

More hedge funds in New York

Similar-size hedge funds in New York

All hedge funds in New York