European Overview



The Blackstone Group International Partners LLP

The Blackstone Group International Partners LLP (“BGIP”) is authorised and regulated by the Financial Conduct Authority in the United Kingdom. BGIP is an indirect subsidiary of The Blackstone Group L.P. (“Blackstone”), a publicly held U.S. investment and advisory firm. BGIP acts as a sub-advisor to its Blackstone US affiliates in relation to the investment and re-investment of EMEA based assets of Blackstone funds as well as arranging transactions to be entered into by or on behalf of Blackstone funds. BGIP also acts as a distributor of Blackstone funds in EMEA. BGIP has a Markets in Financial Instruments Directive (2007) (“MiFID”) cross-border passport to provide investment advisory services within the EEA. BGIP’s principal place of business is in London and it has a Representative Office in Abu Dhabi and Paris and an unregulated branch in Milan.

 

UK Modern Slavery

Act BGIP’s UK Modern Slavery Act Transparency Statement for the financial year ending 31 March 2020 is available on the link below:

Modern Slavery Act Transparency Statement

 

UK Gender Pay Gap Reports

BGIP’s UK Gender Pay Gap Report disclosures are available on the links below:

2019 Gender Pay Gap Report

2018 Gender Pay Gap Report

2017 Gender Pay Gap Report

 

GSO Capital Partners International LLP

GSO Capital Partners International Partners LLP (“GSO UK”) is authorised and regulated by the Financial Conduct Authority in the United Kingdom. GSO UK is an indirect subsidiary of Blackstone. GSO UK has a MiFID cross-border passport to provide investment advisory services and investment management within the EEA. GSO UK’s principal place of business is in London.

 

GSO Capital Partners (UK) Limited (“GSO Limited”) is the managing member and majority owner of GSO UK. GSO Limited is a service company that provides administrative and office services to GSO UK.

 

GSO UK and GSO Limited (together, “GSO UK Group”) are a consolidated FCA regulatory reporting group.

GSO UK MiFID II RTS-28 Best Execution Report for the calendar year 2018

GSO UK MiFID II RTS-28 Best Execution Report for the calendar year 2017

 

GSO UK Group Pillar 3 Disclosure

The Pillar 3 disclosure for the GSO UK Group is available on the link below:

GSO UK Group – Pillar 3 disclosure

 

Blackstone/GSO Debt Funds Management Europe Limited

Blackstone / GSO Debt Funds Management Europe Limited (“DFME”), is authorized as an investment firm under MiFID and regulated by the Central Bank of Ireland (“CBI”). DFME’s principal activity is the provision of management and advisory services to certain collateralized loan obligations and sub-advisory services to certain affiliates. DFME, its 100% subsidiary, Blackstone / GSO Debt Funds Management Europe II Limited (“DFME II”), and its EU parent financial holding company, Blackstone / GSO Debt Funds Europe (Luxembourg) s.à.r.l (together with DFME and DFME II, the “DFE Group”), are ultimately owned by Blackstone.

DFME MIFID II - Best Execution RTS 28 Article 3(1) Report - 2019

DFME MIFID II - Best Execution RTS 28 Article 3(3) Report - 2019 - Currency Derivatives

DFME MIFID II - Best Execution RTS 28 Article 3(3) Report - 2019 - Debt Instruments

DFME MiFID II - RTS 28 Article 3(1) Report for the calendar year 2019 (CSV)

 

DFME MiFID II RTS-28 Article 3(2) Report for the calendar year 2018

DFME MiFID II RTS-28 Article 3(2) Report for the calendar year 2018 (CSV)

DFME MIFID II RTS-28 Article 3(3) Report for the calendar year 2018

DFME MiFID II RTS-28 Best Execution Report for the calendar year 2017

 

Blackstone/GSO Debt Funds Management Europe II Limited

DFME II is an approved Alternative Investment Fund Manager under the European Alternative Investment Fund Managers Directive (the “AIFMD”). DFME II provides investment management functions including portfolio management, risk management, administration, marketing and related activities to its alternative investment funds in accordance with AIFMD and the conditions imposed by the CBI as set out in the CBI’s alternative investment fund rulebook.

DFE Group Pillar 3 Disclosure

The Pillar 3 disclosure for the DFE Group is available on the link below:

DFE Group – Pillar 3 disclosure

 

Blackstone Europe Fund Management S.à r.l.

Blackstone Europe Fund Management S.à r.l. (“BEFM”) is an approved Alternative Investment Fund Manager under AIFMD. BEFM provides investment management functions including portfolio management, risk management, administration, marketing and related activities to its alternative investment funds in accordance with AIFMD and the conditions imposed by the Commission de Surveillance du Secteur Financier (“CSSF”).

 

Complaints Handling Policy

The Complaints Handling Policy for BEFM is available on the link below:

Complaints Handling Policy

 

UK Tax Strategy

Pursuant to UK legislation introduced as part of Schedule 19 of the Finance Act 2016, we are required to publish our UK business’s tax strategy. The tax strategy described in this publication relates to the year ended 31 December 2019 and applies to all UK entities which are consolidated for financial reporting purposes with The Blackstone Group Inc. (“Blackstone UK Group”).

Blackstone U.K. Tax Strategy

 

Shareholders Rights Directive II

Shareholder Rights Directive Disclosure - Blackstone / GSO Debt Funds Management Europe Limited

Article 3(g) of Directive 2007/36/EC as amended by Directive (EU) 2017/828 (together with the relevant national implementing regulations, the “SRD”) requires asset managers to adopt on a “comply or explain” basis an engagement policy describing how an asset manager integrates in its investment strategy shareholder engagement relating to companies that have a registered office in the EU and are listed on EU regulated markets (“EU investee companies”). Blackstone / GSO Debt Funds Management Europe Limited is an asset manager for the purposes of the SRD. Neither asset manager actively invests as a material part of its investment strategy in the shares of EU investee companies. Generally, shares in EU investee companies are expected to be held as an investment ancillary to, or as a result of, a credit investment. On this basis, each asset manager has determined that it is not appropriate to adopt an engagement policy for the purposes of the SRD. However, you may wish to refer to Part 2A of the Form ADV applicable to the asset managers and certain of their affiliates which provides an overview of their business, certain practices of the asset managers, potential material conflicts that may arise and key potential investment risks:

https://www.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=583653

 

Shareholder Rights Directive Disclosure - Blackstone / GSO Debt Funds Management Europe II Limited

Article 3(g) of Directive 2007/36/EC as amended by Directive (EU) 2017/828 (together with the relevant national implementing regulations, the “SRD”) requires asset managers to adopt on a “comply or explain” basis an engagement policy describing how an asset manager integrates in its investment strategy shareholder engagement relating to companies that have a registered office in the EU and are listed on EU regulated markets (“EU investee companies”). Blackstone / GSO Debt Funds Management Europe II Limited is an asset manager for the purposes of the SRD. Neither asset manager actively invests as a material part of its investment strategy in the shares of EU investee companies. Generally, shares in EU investee companies are expected to be held as an investment ancillary to, or as a result of, a credit investment. On this basis, each asset manager has determined that it is not appropriate to adopt an engagement policy for the purposes of the SRD. However, you may wish to refer to Part 2A of the Form ADV applicable to the asset managers and certain of their affiliates which provides an overview of their business, certain practices of the asset managers, potential material conflicts that may arise and key potential investment risks:

https://www.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=583653