BLACKSTONE ALTERNATIVE INVESTMENT FUNDS
345 Park Avenue
28th Floor
New York, New York 10154
July 15, 2013
United States Securities and Exchange Commission
100 F Street N.E.
Washington, DC 20549
Attention: Mr. Larry L. Greene
| Re: | Blackstone Alternative Investment Funds (the “Fund”) |
Registration Statement on Form N-1A (File Nos. 811-22743 and 333-185238)
Dear Mr. Greene:
Pursuant to Rule 461(a) under the Securities Act of 1933, as amended (the “Securities Act”), the Fund respectfully requests that the effectiveness of the above-referenced registration statement on Form N-1A (the “Registration Statement”) be accelerated to 5:00 p.m. on Monday, July 15, 2013, or as soon thereafter as practicable.
The Fund acknowledges that (i) should the Securities and Exchange Commission (the “Commission”) or its staff (the “staff”), acting pursuant to delegated authority, declare the filing effective, it does not foreclose the Commission from taking any actions with respect to the filing, (ii) the action of the Commission or the staff, acting pursuant to delegated authority, in declaring the filing effective, does not relieve the Fund from its full responsibility for the adequacy and accuracy of the disclosure in the filing, and (iii) the Fund may not assert this action as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States.
Please call Sean Rogers of Ropes & Gray LLP at (617) 235-4950 as soon as the Registration Statement has been declared effective.
| Very truly yours, | ||
| BLACKSTONE ALTERNATIVE INVESTMENT FUNDS | ||
| By: | /s/ Brian F. Gavin | |
| Name: | Brian F. Gavin | |
| Title: | President | |
| BLACKSTONE ADVISORY PARTNERS L.P. | ||
| By: | /s/ Peter Koffler | |
| Name: | Peter Koffler | |
| Title: | Chief Compliance Officer | |
