Blackstone Multi-Strategy Hedge Fund COO Max Jaffe Buys Shares

What Happened
Max James Jaffe, Chief Operating Officer of Blackstone Multi-Strategy Hedge Fund L.P., reported a purchase of 1,957.713 fund shares on 2026-09-01 at $25.54 per share, for a total transaction value of $50,000. The Form 4 lists the transaction as a purchase (code P), indicating an open-market or private purchase.

Key Details

• Transaction date: 2026-09-01
• Price: $25.54 per share; Shares acquired: 1,957.713; Total value: $50,000
• Transaction type/code: Purchase (P) — open market or private purchase as reported
• Filing date: 2026-09-24 (filed 23 days after the transaction; later than the typical two-business-day Form 4 deadline)
• Shares owned after transaction: Not disclosed in this filing
• Remarks/footnote: Exhibit 24 — Power of Attorney

Context
This was a straight purchase of fund shares, which retail investors often view as a more informative (potentially bullish) signal than routine sales, though a single small purchase ($50k) is modest in size. The late filing reduces short-term transparency but does not change the factual record of the purchase.