0001193125-13-448245.txt : 20140627 0001193125-13-448245.hdr.sgml : 20140627 20131120140606 ACCESSION NUMBER: 0001193125-13-448245 CONFORMED SUBMISSION TYPE: CORRESP PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20131120 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Blackstone Alternative Alpha Fund CENTRAL INDEX KEY: 0001535091 IRS NUMBER: 453809391 STATE OF INCORPORATION: MA FILING VALUES: FORM TYPE: CORRESP BUSINESS ADDRESS: STREET 1: 345 PARK AVENUE, 16TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10154 BUSINESS PHONE: 212-583-5000 MAIL ADDRESS: STREET 1: 345 PARK AVENUE, 16TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10154 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Blackstone Alternative Alpha Master Fund CENTRAL INDEX KEY: 0001535092 IRS NUMBER: 453809483 STATE OF INCORPORATION: MA FILING VALUES: FORM TYPE: CORRESP BUSINESS ADDRESS: STREET 1: 345 PARK AVENUE, 16TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10154 BUSINESS PHONE: 212-583-5000 MAIL ADDRESS: STREET 1: 345 PARK AVENUE, 16TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10154 CORRESP 1 filename1.htm Blackstone Alternative Alpha Fund and Blackstone Alternative Alpha Master Fund
LOGO  

ROPES & GRAY LLP

PRUDENTIAL TOWER

800 BOYLSTON STREET

BOSTON, MA 02199-3600

WWW.ROPESGRAY.COM

 

November 20, 2013     

Sarah Clinton

T +1 617 951 7375

F +1 617 235 7312

sarah.clinton@ropesgray.com

VIA EDGAR

Securities and Exchange Commission

100 F Street, NE

Washington, DC 20549

Attn: Larry L. Greene

 

Re: Blackstone Alternative Alpha Fund, File No. 005-86990 (the “Feeder Fund”) and Blackstone Alternative Alpha Master Fund, File No. 005-86989 (the “Master Fund” and together with the Feeder Fund, the “Funds”)

Ladies and Gentlemen:

This letter provides the Funds’ responses to comments from the staff of the Securities and Exchange Commission (the “Commission”) on the Funds’ recent final amendments to Schedule TO, reporting the results of their tender offers (the “Final Amendments”), which were filed on November 6, 2013. The comments were provided telephonically to Sarah Clinton of Ropes & Gray LLP, counsel to the Funds, by Mr. Greene on November 7, 2013. The comments, together with the Funds’ responses, are set forth below.

 

1. Item 4 of the Feeder Fund’s Final Amendment refers to payments by the Feeder Fund for tendered shares in accordance with the terms of the Offer to Purchase. As opposed to referring to the Offer to Purchase, please include relevant information in the Final Amendment regarding payment for Fund shares.

Response: The Feeder Fund will provide relevant information regarding payment for Fund shares in future Final Amendments.

 

2. Please include transmittal letters with the Funds’ Final Amendment filings.

Response: The Funds will include transmittal letters with their future Final Amendment filings.

* * * * *

On behalf of the Funds, we acknowledge that: (i) the Commission is not foreclosed from taking any action with respect to this filing; (ii) the Commission’s staff’s review of this filing, under delegated authority, does not relieve the Funds from their full responsibility for the adequacy and accuracy of

LOGO

 

the disclosure in this filing; and (iii) the Funds will not assert the Commission’s staff’s review as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States. As indicated in the Commission’s June 24, 2004 release regarding the public release of comment letters and responses, you are requesting such acknowledgements from all companies whose filings are being reviewed, and this request and these acknowledgements should not be construed as suggesting that there is an inquiry or investigation or other matter involving the Funds.

Sincerely,

/s/ Sarah Clinton

Sarah Clinton

 

cc: James Hannigan, Blackstone Alternative Asset Management L.P.

James Thomas, Ropes & Gray LLP

 

- 2 -

GRAPHIC 2 g629691g08p16.jpg GRAPHIC begin 644 g629691g08p16.jpg M_]C_X``02D9)1@`!`@``9`!D``#_[``11'5C:WD``0`$````9```_^X`#D%D M;V)E`&3``````?_;`(0``0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$! M`0$!`0$!`0$!`0$!`0("`@("`@("`@("`P,#`P,#`P,#`P$!`0$!`0$"`0$" M`@(!`@(#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,# M`P,#`P,#`P,#_\``$0@`/``O`P$1``(1`0,1`?_$`*\```,``P$````````` M``````<("0,%!@H!``("`P$```````````````,$!08``0('$```!@(`!`4" M!`$)"0`````"`P0%!@0JT)35E M=;:WN3H1``(!`@0#`P8(#04!``````$"`Q$$`"$2!3$3!D%1(G&!P3.S-F&A ML3)R(Q2T\)'10E*"#-?\`9J)E M6W2E;=O%!:<+K*0.S\FB+-94OOYSASW/`M3,ZMA*J5"C#>4C3+#?&:C+#XB, MEFW M!P?W&"Q+N$8K1B8G5]R<6YN`$D%9TS;DTPS)QA!6/$+(N>>).P*CK:9HU5`$ ME("B@!Y!:H'#CGY<0%W+)+EGB,O+F;W/MHE,>IBHDYK+J`8FA*Y&E`<:#L5ZH:\H=,]9]L4U8,V-BY)&;42/MK MFKGU5)71.KM.=QU06JZIV.;A8-9&E.GSR(QG!90>7+/UX+UAN5\VZW&VF0_8 M%9*)E0>!3W5XDG`>@-HVT;':[P(E_J;)(#)GJ/UCKWTX`#AB.LKB2*M>V/KO MW-((=)V/?"R]L;.!8.R".32I1/Y4Q2&9;&QATB;V,YT/;CX26R19M((;,I\) M$>410R0@,P(0K-&XGZ@GZ?GTG9DMTTQ&FD,%B(8?[JDFO$U.*=+!R.E+;J>V MUKO\MU)KF!8NP)F!!S/AHJY4H*#ACM-*[R0V#H]V7]1D,$L>(O[9NQ`+*'<5 MG159`-?9"@JV[;8L1PB==VD\YPTV-8TC2F^GM3*V!,4J'`HXL60>2+.5MVM# M;[MNNXET=&M730AU2*61%!=!FBCB6.5,/;-?+=[%L>TB.6-UNXGYDBE(F$;L MY6.0Y.[<%5_Y6D)_P`4<@XJK^Z$?]P;V0Q=8_?V3^U)[=L2 M=EZPMN_T[D5O/)0]SAW5&DH$"4!BI>N-+)R$D@H(C M3C,A`#&1"QCB:VX5ZUG`XF.7[OBGS$+_`(W1CP%X/OIQ3JD'F6;"=S*W]HX] M3=X5_1L7T(8->R9=>-53"EU\JLY7F32C*]%T!?$RD@$G@*\,6VT$E]U1/NL4(=4D;QZGYA]AK8!M?=(=[DDFPVVW"&X#(DAYAC81'ZULED^:3GP^`]V.ATZ MC:/7V^]M.U#;`37"JK'16/LWJ0O6BR$,@H.[WQR37C4B988G+39?*@LB2J1E ME@\P\;6]@/R$)9?`-SE:^M+;J&W/[U'IBF[Q(@^K?C6CJ!4\-0H,-[-&-NW" M[Z6NA^Z2ZYH.YHI21+'P`!1B M$6-L+>Y"#XL9\(L8SGZX^OUXG+_WGW?^2E]DF*[8^YNPGM^WVWM7Q5MC_CL3 MW_*TA/\`BCD'%??W0C_N#>R&+1'[^R?VI/;MB5$@_P#GL@W]\1F_]H+EQ,V' MOI/^SE^[G%0E_P#G,?\`.C[\<>KIY_X.Z_\`35W^RF\4)/GCRC'KDGJV\AQ* M[L;?3M6:EY_Y%9G_`)MLOBQ]7^\=SY4]FF*ET#[HV?T7]J^$UWMVTK2=:W=N M3NK0J.SJ*YJ_7W3\V@R/;-E4E.8I5HVK0<">-,JG(XA^H-YMY-KVSJV M!'7EW8RHNOEN'65.)'B"]]#05(P0J0T9?XSISHKHB5>^OTDOC2':2HMAKA9H MY,E;@=F%0NZYG9:U&W1X+=B8-KHY,TO2D)!.;>B2C4XS@1H09`,0+G>[:;=[ MW<@D@@NK=XUJ!4%D503G2E1G0G+$C:].74>Q;;M#21?:;*YBD<@D@K&[,0N0 M-2"*5`%<'?;RKKLI7;1NW[I&PM5&3+SKCC5B?Q?;FP)%4\,())L)58T-F47G MC`V/(!NB1U5'$KFE2G!UR0/X!Y)OWA4L;VPEVL[3N`F"+/S5:(*QJ5"E6#$9 M4&1!R/$$82O(8M33VXG[0(-A)?B/.B4;P$IG<%:Y4W,61 MF#RHSY'FB!D8O"Q;[U;Q=0R[J8Y!`ZR`**%AJC*"O`=Q/=G2N$I^F9CTG'L< M4T9F65'+FH0GGB9J4!/>%RSRX=EGX[.8+:#`YK:ZG$/G#;X536:[1"2L\G;$ MRXQ.+'3*5K&L7IRCP!,P+(,B\>`YY\N*P*HP+`BAQ=25D0A"#48E%VWJ[VDT M_JZ&ZQ6=-]'I%2&MS7.$]F3:!VU8*BUXL7(7:93YE/E,7?X2T1*+EA<'?PJ1 M+W!-@+>08<7XA!\/%DWZ]VG<[B3<+;[4MY*5HK*FC(!3F&+0R9EF'A*!1F:'/AGGA,IOVWMD)%JS3^D=EW=J3"-)JSN M)VL>*;%))1+C+H=NM[R7>84G;=I8])0A>6I\.I@P.HCPY+0$5()[<0\_2FZW.VP]/SRV MR[+#*664%S*R^(JI4@(#XS5@QK0$#B,9-3(FVI;M[>,E2,[8EN%YVW[J`[>D M921.7.WYC9164C.YGD$GF%#&2$S.09"+EG`4)6%BIH:CT MX1ALP%8^?+/$]+1J]XK3MJ[/5K(8*\0Z%MG=-3)JSADD8ES:R$5([;6 MU1N7Z`PR82B-PIH11F.OLL:[[>8^WR9P8F< ME(TG/J5C,$D"J\G!V2,Y#D6>>>!,2UN"QJ=7HPPB*EZ0@`!CKEEG7CA'=#6% M/:NS'+233LJJGTTQV5,WBP0';+=+9Z$Q0"P5GV72B/63$P< MEJV+/U.6;M+#]9MJ;'AS:VJ$1S,XR&W(VE79A75&J'LK M7R@$CY<:601SO(H^<01W$$A2>^M1^*F*,7@Y(V;NR:CN[B8,EO:M.MM')<<6 M0H5&%(T,CJI4I,`E2%'JU(P$E"S@LH`S!YQR"'.QEJW-7ZW7::U=I;"8@VTI*7IJELIE-=G61(YTY7(DEL0-<8$?&4KTERR MX2HERM42I`+*G!61`#G'%(0JYC5Q]&.D:MTSN-+B/YOP5XU&%R[>Y"F#6IVR M7UQ1E)C-A=(-NUF5`RS`*#G>6WS"=E@)!=7;^D:\/QY\<(L370T_;G[.6P25V;HZSPBYZUK.WW!5D9&%]36- ML:UR;\\<`T`#$;'8M?LZSF((Q%"-&;CPXP9G)N,[KVT-/+3"U!]DA?(#6`?( M6_*!BRMN?Q=]-O[I&U/_`'74W"Z^H;Z0].'7_C$^@WHQ,>?"$+0/=X0LY$(7 M>6<1"$+.W,P2P#=G<6:+ M<\B(UV8)RZ8#D>0>8>GM>:92D8'C.,@$H5Y`#&C!IF MT3NW=!Z3@1P^HKUUSM3LWR6X+X(M.&IW%92,,A"6G8E6_P`4FV!JN_MZ!H-E M#"[*W68$Y%'$R#/6%%Y--3A4"_$^WC;%'#Z5H1GD3GG\.-@/&T%2-/#N_-\O M'*@[,/?K(66#N8=SX8"RPC''=(\OTJQSY4]3_:,]U;-_IK]M^WOF3W)Z;=?PI\J>5^-[/]\]?[ M6Z3[O4O2/4OP.7#67-S];E7NIE7XO],1HIR!_P"2K::<:^*E?/\`'QQ2;;'] M27SGVW_@GTG]PK]/5E>ZOD+H?A?X]]J5Y\P>^>F_WGZO\A]#Z3Z1]_F^;YGX M/AX%'R]+:_5:O/VTPS<\[5'R?XO2>ZE,J\?APIJ/U?\`:[V)^4NL^4/W36_Y ME]!]#]!^6?U/5%[E]D]-^7]E]=Y7D>=^8Y>9R^WR^.\N>-/#1EY*8"*_8VU_ M.YN?EU"M,&_N>>C_`#]NCU_KW+]IED]:]*Z+E[8_51CUCIO-_&ZSH?.\SQ?A M>1S_`)^.8JZ%I^GZ,%N>7SGYE-'*''Z7X4P_/<)]L>E:`>7ZEU?[@NJWL7T? MIO/\?CDG5=3U'V^C>U>JZOP??Y7]7@45?']$X:GT_5UI3F+3X^&,^M?0_N2] MS+R.MZWV]I1UWG=/T7+XJF?2]%Y?YCGY?/S?,_MOE_5 $^3'_V3\_ ` end GRAPHIC 3 g629691g20g49.jpg GRAPHIC begin 644 g629691g20g49.jpg M_]C_X``02D9)1@`!`@``9`!D``#_[``11'5C:WD``0`$````9```_^X`#D%D M;V)E`&3``````?_;`(0``0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$! M`0$!`0$!`0$!`0$!`0("`@("`@("`@("`P,#`P,#`P,#`P$!`0$!`0$"`0$" M`@(!`@(#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,# M`P,#`P,#`P,#_\``$0@`"0!I`P$1``(1`0,1`?_$`)8```("`P`````````` M``````@)!0H$!@W.'@)83*2(R0T=+05=;46.1?76+@9 M$0`!`P$%!P,#!0`````````!`!$",2%!<8$R\%&Q$B(#,Y'!T>%2$_%"<@0T M_]H`#`,!``(1`Q$`/P"P34K7,8)6:5_AT.AE)S%ET+031D75*H>WF17VURQ@ MB);M8KDB.C\<:%$VI8]O.5G)!D.KB%S>4HBU&4JG(%-,F,K7(YK[OU20X%@` M/*C*LJKM?:PK*O[-H)IB+)8ZB75L73D^ABM,MF5MNLN!Z\.$F3G`8@&)@J"EQD26GIX(B(@/&JUFFJ.?I1:KU:#3&ZNAP( MOMM?KT\6FT.$A'3ED45Z\-Z:/M3(*-.1B@I.9E6[.)):)*6(M*%1U M8R-G(+I6\TLL\2]R-"_&9+/)QC!@L?.@VTKQ%6I37[9=+S6,) MD:=P92;867=$8:?23;44I?U:P`*WULG#^H5N9?=*6B(<2<.;@!,C4DBXP.>W MR7MDU7Q0$]7,:>_PCKV9+0.F:*A]@JPM=3SJU2X];&"G10@9'CNP65N4+@\B M>`]Y&EP^7V(B0)#@F9(+=#<)T!N,EK!DF*@6I2!`C- M,ZD!86P)D8DDFT\+B@DP<`#8J`CLC>Z2C^TAT8AL5JFQW*4P*D8'K[41#_)V MILGCNG?C6&[F5L-9F,M[_>$.D(7LPMK:$966V*&D*,FKDZG!6%I&+EQ5SNW; M;U@<.18:?50#./%:P&R6J`I9K'9?I6F<[XH4JW6N0QETG5%2UA5K+(K.2!>4 MIKTZ1YRDS,]MHEW5'9;U0698$.1IP%CTO(O(@B5AQ7`@!A=1'4P5^KKZ@+"_ M'7?$DGTSBDZG]E2T`#2`2*G,&,;='V-"0F:VA+C/T1J0IR\](8 M1#$L$2F&L#A,9HG>N:K5A0M<-0C`K"A"Q+M/,GC"I`(6`B61((\G"P9D6,#S MG.,]+XWP\QNLY\"N?I]%";&5T*UM@(`PI:XIZTN]Z$M%46BMUU=T+(PGG3VM MD1;XQJ(]%I4X8>RA']#.2[5]G^:>B.L^!+]^(6BL<$J3W?/K^- MGV_8S[ZX\=W?!')*AYCB4^?77P=L3VA]AO2S)^2RNP"H%,RJS.E_EAG/F-V1 M[#/W+9Z1B.*GC7+Y3*O`-[?GM5=@S.*_M:Q@F=JAQ0Q7QZ_FX/F2G=+Q!J;]36362^;YY[+J>!'4,44M)P51"G_`%;=F/%?7?TPL?*Y>2&)X%3Q >TRR3B_=7^#T%\3=@O2G47`[_`,>Z/M43F>3)R__9 ` end