EX-10.1
Blackstone Private Equity Strategies Fund L.P.
AMENDMENT NO. 1 TO THE
AMENDED AND RESTATED INVESTMENT MANAGEMENT AGREEMENT
OF
BLACKSTONE PRIVATE EQUITY STRATEGIES FUND L.P.
This AMENDMENT NO. 1 (the “Amendment”) to the Amended and Restated Investment Management Agreement, dated as of January 1, 2026 (as may be further amended from time to time, the “Agreement”) of Blackstone Private Equity Strategies Fund L.P., a Delaware limited partnership (the “Partnership”), is made as of October 1, 2026, by and between the Partnership and Blackstone Private Investments Advisors L.L.C., a Delaware limited liability company (the “Investment Manager”).
WITNESSETH
WHEREAS, the parties entered into the Agreement, whereby the Investment Manager agreed to provide certain investment management and administrative services to the Partnership as more specifically provided therein; and
WHEREAS, as set forth in Section 8(a) of the Agreement, the parties desire that the Agreement be amended as set forth in this Amendment.
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