Desai Ravi Rajendra has amended a previous filing related to his acquisition of shares in Blackstone Multi-Strategy Hedge Fund L.P. This change is significant as it corrects the transaction date and clarifies the number of shares acquired.
Desai Ravi Rajendra is an officer of Blackstone Multi-Strategy Hedge Fund L.P., a hedge fund based in New York. The company is classified under the SIC code for investment advice, indicating its role in asset management and investment strategies.
The recent filing, dated October 26, 2026, serves to amend a Form 4 that was originally submitted on September 24, 2026. The amendment states, "This Form 4/A amends and restates the Reporting Person's Form 4 timely filed on September 24, 2026, to correct the transaction date of the reported transaction to September 22, 2026." The filing also notes that the number of shares purchased was determined based on the net asset value as of August 31, 2026.
This update may affect stakeholders in the hedge fund sector, particularly those interested in the accuracy of ownership disclosures. It emphasizes the need for precise reporting in the investment management industry, which is crucial for maintaining investor trust.
The filing does not say what happens next.
In the amended filing, Desai Ravi Rajendra reported the acquisition of 15,661.707 Class I-F Limited Partnership Units at a price of $25.54 per share. This transaction reflects a direct ownership stake in Blackstone Multi-Strategy Hedge Fund L.P., which he holds as an officer, specifically in the role of President.
The filing also specifies that the shares were acquired on September 22, 2026, and the number of shares was determined based on the net asset value as of August 31, 2026. Following this transaction, Desai Ravi Rajendra continues to own a total of 15,661.707 shares in the fund.
Additionally, the filing indicates that there are no derivatives involved in this transaction, and it is categorized under transaction code 'P', which signifies a purchase. This level of detail underscores the importance of transparency in reporting ownership changes, particularly for those in leadership positions within investment firms.
The filing does not provide information on any future transactions or plans regarding the shares acquired.