0001193125-12-009092 Sample Contracts

BLACKSTONE ALTERNATIVE ALPHA MASTER FUND INVESTMENT MANAGEMENT AGREEMENT
Investment Management Agreement • January 11th, 2012 • Blackstone Alternative Alpha Master Fund • New York

This INVESTMENT MANAGEMENT AGREEMENT, dated and effective as of January __, 2012, (the “Agreement”), is between BLACKSTONE ALTERNATIVE ASSET MANAGEMENT L.P., a Delaware limited partnership (the “Investment Manager”), and BLACKSTONE ALTERNATIVE ALPHA MASTER FUND, a Massachusetts business trust (the “Fund”).

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