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arties. Parts of the Dodd-Frank Act, such as the "Volcker Rule," may affect the number and type of partic
ties Act, (y) a "qualified purchaser" as defined in Section 2(a)(51) of the Investment Company Act and (z) a "qualified client," as defined in the U.S. Investment Advisers Act of 1940, as amended (the "Advisers Act"). There is no public market for the Interests, and no such market is expected to develop in t
arties. Parts of the Dodd-Frank Act, such as the "Volcker Rule," may affect the number and type of partic
ties Act, (y) a "qualified purchaser" as defined in Section 2(a)(51) of the Investment Company Act and (z) a "qualified client," as defined in the U.S. Investment Advisers Act of 1940, as amended (the "Advisers Act"). There is no public market for the Interests, and no such market is expected to develop in t
arties. Parts of the Dodd-Frank Act, such as the "Volcker Rule," may affect the number and type of partic
ties Act, (y) a "qualified purchaser" as defined in Section 2(a)(51) of the Investment Company Act and (z) a "qualified client," as defined in the U.S. Investment Advisers Act of 1940, as amended (the "Advisers Act"). There is no public market for the Interests, and no such market is expected to develop in t
arties. Parts of the Dodd-Frank Act, such as the "Volcker Rule," may affect the number and type of partic
ties Act, (y) a "qualified purchaser" as defined in Section 2(a)(51) of the Investment Company Act and (z) a "qualified client," as defined in the U.S. Investment Advisers Act of 1940, as amended (the "Advisers Act"). There is no public market for the Interests, and no such market is expected to develop in t
arties. Parts of the Dodd-Frank Act, such as the "Volcker Rule," may affect the number and type of partic
ties Act, (y) a "qualified purchaser" as defined in Section 2(a)(51) of the Investment Company Act and (z) a "qualified client," as defined in the U.S. Investment Advisers Act of 1940, as amended (the "Advisers Act"). There is no public market for the Interests, and no such market is expected to develop in t
Included in the Dodd-Frank Act is the so-called -Volcker Rule," which takes the form of new Section 13 of
isors a Delaware limited partnership, is registered with the U.S. Securities and Exchange Commission (the "SEC") as an investment adviser under the U.S. Investment Advisers Act of 1940, as amended. Pursuant to an investment advisory agreement, Blackstone Real Estate Advisors M. and/or one or more of its affili
Entities connected to both Paul Volcker and U.S. Investment

Eric Holder
PERSON
U.S. Virgin Islands
LOCATION
United States
LOCATIONthe U.S. Investment Company Act
ORGANIZATION
European Union
ORGANIZATIONGlendower
LOCATIONNew Market Structure Requirements Applicable to Derivatives
ORGANIZATIONiCapital Advisors
ORGANIZATIONThe Confidential Private Placement Memorandum
ORGANIZATION
United Kingdom
LOCATION
Denmark
LOCATIONCayman
LOCATION
Norway
LOCATION
Luxembourg
LOCATION
Belgium
LOCATIONKeogh
ORGANIZATIONthe District of Columbia
LOCATION
Cayman Islands
LOCATION
Finland
LOCATION
Ireland
LOCATION