Blackstone Alternative Multi-Strategy Fund AMENDMENT NO. 4 TO THE INVESTMENT SUB-ADVISORY AGREEMENT
Exhibit d.10.ii
Blackstone Alternative Multi-Strategy Fund
AMENDMENT NO. 4 TO THE INVESTMENT SUB-ADVISORY AGREEMENT
THIS AMENDMENT NO. 4 (this “Fourth Amendment”) to the Investment Sub-Advisory Agreement between Blackstone Alternative Investment Advisors LLC, a Delaware limited liability company (the “Adviser”) and Emso Asset Management Limited (formerly Emso Partners Limited), a company organized under the laws of England and Wales (the “Sub-Adviser”) is made this 6th day of October, 2020.
WHEREAS, the Adviser and the Sub-Adviser entered into the Investment Sub-Advisory Agreement dated as of June 1, 2014, as amended on August 15, 2017, August 15, 2019, and March 1, 2020 (the “Agreement”); and
WHEREAS, the parties desire to amend and restate certain terms applicable to the Suggested Emso Trades (as defined in the Agreement);
NOW THEREFORE, the Adviser and the Sub-Adviser agree as follows:
| 1. | All capitalized terms not otherwise defined herein shall have the meanings ascribed to same in the Agreement. |
| 2. | Section 14(a) “Renewal” of the Agreement is replaced with the following: |
| a. | Renewal. This Agreement shall continue for successive periods of no more than twelve (12) months each, only so long as such continuance is specifically approved at least annually (i) by a vote of the Trustees of the Trust or by vote of a majority of outstanding voting securities of the Fund and (ii) by vote of a majority of the Trustees who are not interested persons of the Trust (as defined in the 0000 Xxx) or of any person party to this Agreement, cast at a meeting called for the purpose of such approval. |
| 3. | [Redacted] |
| 4. | Appendix A to the Agreement is hereby replaced in its entirety with the following: |
Sub-Advisory Fee
[Redacted]
[Remainder of page left blank]
IN WITNESS WHEREOF, the parties hereto have caused this Fourth Amendment to be executed as of the day and year first above written.
| BLACKSTONE ALTERNATIVE INVESTMENT ADVISORS LLC | ||
| By: | /s/ Xxxxx Xxxxxxx | |
| Name and Title: Xxxxx Xxxxxxx | ||
| EMSO ASSET MANAGEMENT LIMITED | ||
| By: | /s/ Xxxx XxXxxxxx | |
| Name and Title: Xxxx XxXxxxxx | ||
