Description of the Registrant In connection with the August 2013 closing of the transaction pursuant to which Blackstone Inc. acquired the right to manage the business and affairs of certain secondary private investment funds previously managed by affiliates of Credit Suisse Group AG (collectively, the “Legacy Sponsor”) as part of its Strategic Partners business (the “Transaction” and, such funds, the “Legacy Secondary Funds”), the Registrant (i) changed its name to Strategic Partners Fund Solutions Advisors L.P. and (ii) assumed the investment advisory agreements relating to the Legacy Secondary Funds. As a result of the Transaction, the Registrant became the investment adviser to the Legacy Secondary Funds, which focus primarily on making investments in mature private investment fund interests through secondary market purchases, and no longer serves as investment adviser with respect to any Blackstone-sponsored private investment funds that focus primarily on making direct investments in debt and “mezzanine” interests (which advisory responsibilities were assigned to an affiliate of Blackstone). The Registrant serves as investment manager for pooled investment and custom vehicles operating as private investment funds, which focus primarily on making secondary investments in, or relating to, mature private investment funds or general partner led (“GP- led”) investments in secondary transactions, and will, in certain circumstances, include funds in which affiliates or employees of the Registrant invest alongside such other private investment funds (together, with the Legacy Secondary Funds, the “Secondary Funds”). The Registrant also serves as investment manager to separately managed accounts or commingled funds and/or custom vehicles operating as private investment funds, which make co-investments directly in issuers (the “Direct Equity Program” and, together with the Secondary Funds, the “Funds”). Affiliates of the Registrant serve as general partner (each, a “General Partner”) of the Funds. In addition, the Registrant provides investment advisory services to separately managed accounts or similar arrangements, which focus primarily on making primary investments in or relating to private investment funds (collectively, the “Advisory Accounts,” and together with the Funds, the “Clients”). The ultimate parent of the Registrant is Blackstone Inc., which is a publicly traded corporation listed on the New York Stock Exchange and which trades under the ticker symbol “BX”. Blackstone is a leading global alternative investment manager with investment vehicles focused on private equity, real estate, hedge fund solutions, credit, secondary funds, tactical opportunities, infrastructure, insurance solutions and life sciences. Description of Advisory Services As described above, the Registrant provides advisory services to the Secondary Funds, the Direct Equity Program and the Advisory Accounts. The Registrant offers advice in respect of investments primarily in private investment fund interests, including private investment fund interests acquired through secondary market purchases, and certain other matters related thereto. The Secondary Funds generally seek to achieve capital appreciation through the purchase of secondary interests in mature private investment funds (including leveraged buyout funds, real estate funds, real asset and infrastructure funds, venture capital funds, distressed or mezzanine funds, fund of funds and other similar products) or GP-led investments in secondary transactions, but the Secondary

Funds will also invest, to a lesser extent, on a primary basis in other investment funds or directly in portfolio companies (including other Blackstone funds and their portfolio companies). With respect to the Direct Equity Program, the Registrant provides advice in respect of co- investments that the Registrant believes are high-quality, by investing alongside aligned sponsors (including Blackstone) and management in sponsor-backed private equity transactions. The co-investment opportunities considered for the Direct Equity Program will vary, including with respect to vintage year, fund sponsor, investment strategy, leverage level, type of asset (e.g., equity interests or debt instruments) and sector. When serving as adviser to an Advisory Account, the Registrant provides services pursuant to the applicable investment advisory agreement relating to such Advisory Account. These advisory services will be either discretionary or non-discretionary. The Advisory Accounts generally seek to achieve capital appreciation through the purchase of interests in private investment funds on a primary basis in newly-formed limited partnerships, limited liability companies and other pooled investment vehicles, including investments in leveraged buyout, mezzanine, venture capital, distressed securities, fund of funds and other asset classes, with opportunities to invest on a secondary basis in private investment funds (in each case including through arrangements involving a sale or roll of interests in such private investment funds) and in direct equity, equity-like and debt investments. As described above, effective as of March 12, 2024, Blackstone’s private markets-focused GP Stakes business was moved from the Blackstone Multi-Asset Investing group and integrated into the Strategic Partners platform. Nevertheless, the GP Stakes business has its own registered investment adviser, and for the avoidance of doubt, references to the Strategic Partners business throughout this Brochure exclude any GP Stakes affiliates. Assets Under Management The Registrant’s regulatory assets under management are approximately $71,279,836,478 (as of December 31, 2023), all of which are managed on a discretionary basis. Please note this figure is an unaudited estimate. The assets reported above include assets with respect to which an investment adviser that is a “related person” (as defined in Form ADV) of the Registrant has delegated investment advisory authority to the Registrant. Such sub-advisory assets are excluded from the regulatory assets under management reported in the ADV Part 2As of the affiliated advisers that delegated the authority. The assets reported above include assets attributable to the amount that clients of the Registrant have invested in clients advised by an investment adviser that is a related person of the Registrant. As a result, those assets are included in the regulatory assets under management of both the Registrant and such other affiliated advisers. The assets reported above include assets attributable to the amount that clients advised by an investment adviser that is a related person of the Registrant have invested in clients of the Registrant. As a result, those assets are included in the regulatory assets under management of both the Registrant and such other affiliated advisers. The assets reported above exclude assets attributable to an investment by one client in another client that would represent a duplication of assets already included in calculating regulatory assets under management (so that such assets are counted only once).