# 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**