Blackstone Tactical Opportunities Fund - H LP (''BTOF H LP'')

Blackstone Tactical Opportunities Fund - H LP (''BTOF H LP'')

New Category LP
Investment Manager Blackstone Group
Fund Status
Archive No
Custodian N/A
Jurisdiction USA
T1135 Reporting Yes


Section:
Category 6 - Other property outside Canada
Currency USD
Tax Slip 7 K-1 & 3 PFIC for 2022

Clients initially invested in BTOF H LP. BTOF H LP then invests in other funds. Each underlying fund issues a K-1/PFIC. There are 5 underlying funds. 
Receiver
of Tax Receipt
RFO/Client
Tax Slips Expected
June/July
Statements Expected

Quarterly
Accounting
Treatment
Per K-1 and PFIC slips. When distributions are received you will decrease the ACB of the investment until the tax information is received at year-end and then reclassify accordingly
Tax Memo/
Tax Treatment
All 7 K-1s and 3 PFIC slips should be picked up (for 2022).                                 
US Tax Return Required No
Type Partnership
Nature
of Investment
Global flexible investment mandate that will include different asset classes such as public and private real estate and equity as well as credit strategies
Notes