497 1 d381899d497.htm BLACKSTONE ALTERNATIVE MULTI-STRATEGY FUND Blackstone Alternative Multi-Strategy Fund

Filed pursuant to Rule 497(e)
File Nos. 333-185238 and 811-22743

BLACKSTONE ALTERNATIVE INVESTMENT FUNDS

Supplement dated September 7, 2022 to the

Blackstone Alternative Multi-Strategy Fund (the “Fund”)

Statement of Additional Information

dated July 29, 2022

Officers

Effective immediately, the “Officers” table in the “Management” section of the Fund’s Statement of Additional Information is amended and restated in its entirety as follows:

Officers:

 

Name and Year of Birth
of Officers

   

Position(s) Held with
the Fund

   

Term of Office1 and
Length of Time Served

   

Principal Occupation(s) During
Past 5 Years

Brian F. Gavin

(1969)

    President (Principal
Executive Officer)		    August 2012 – Present    Chief Operating Officer & Senior Managing Director,2 Blackstone
(2007 – Present)

Sarah Kassman

(1991)

    Secretary    February 2022 – Present   

Associate, Blackstone
(2022 – Present);

 

Analyst, Blackstone
(2018 – 2021)

Kevin Michel

(1986)

    Chief Legal Officer   

Chief Legal Officer
(July 2021 – Present);

 

Chief Compliance Officer
(July 2021 – August 2022)

   

Senior Vice President, Blackstone
(2021 – Present);

 

Vice President, Blackstone
(2018 – 2020);

 

Associate, Blackstone
(2015 – 2017)

Thomas Procida

(1980)

    Treasurer and Principal Financial and Accounting Officer   

Treasurer
(August 2021 – Present);

 

Principal Financial and Accounting Officer
(February 2022 – Present)

   

Managing Director,2 Blackstone
(2019 – Present);

 

Senior Vice President, Blackstone
(2015 – 2019)

William Renahan

(1969)

    Chief Compliance Officer    August 2022 – Present   

Managing Director2 and Chief Compliance Officer of Publicly Offered Funds, Blackstone
(May 2022 – Present);

 

Senior Managing Director, Duff & Phelps Investment Management and affiliated registered investment management companies
(2017 – May 2022)

Name and Year of Birth
of Officers

   

Position(s) Held with
the Fund

   

Term of Office1 and
Length of Time Served

   

Principal Occupation(s) During
Past 5 Years

Sherilene Sibadan

(1976)

    Anti-Money Laundering Officer    July 2019 – Present   

Managing Director,2 Blackstone

(2022 – Present);

 

Senior Vice President, Blackstone
(2016 – 2021)

 

1 

Term of office of each Officer is indefinite until his or her death, resignation, removal, or disqualification.

2 

Executive title, not a board directorship.

Shareholders should retain this Supplement for future reference.