0001193125-18-179786 Sample Contracts

Blackstone Alternative Multi-Strategy Fund INVESTMENT SUB-ADVISORY AGREEMENT
Investment Sub-Advisory Agreement • May 31st, 2018 • Blackstone Alternative Investment Funds • New York

AGREEMENT effective as of , between Blackstone Alternative Investment Advisors LLC, a Delaware limited liability company (the “Adviser”), and Cerebellum GP, LLC, d/b/a Cerebellum Capital, a Delaware limited liability company (the “Sub-Adviser”).

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Blackstone Alternative Multi-Strategy Fund INVESTMENT SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • May 31st, 2018 • Blackstone Alternative Investment Funds • New York

AGREEMENT, effective as of , between Blackstone Alternative Investment Advisors LLC, a Delaware limited liability company (the “Adviser”), and Endeavour Capital Advisors Inc., a Delaware corporation (the “Sub-Adviser”).

EXPENSE LIMITATION AND REIMBURSEMENT AGREEMENT BLACKSTONE ALTERNATIVE INVESTMENT ADVISORS LLC
Limitation and Reimbursement Agreement • May 31st, 2018 • Blackstone Alternative Investment Funds

Blackstone Alternative Investment Funds (the “Trust”), on behalf of its series Blackstone Alternative Multi-Strategy Fund (the “Fund”)

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