2024 Blackstone Private Equity Senior Associate

Employer:                              

Blackstone

Private Equity 

With $295 billion of assets under management, $137 billion of which are managed by the firm’s corporate private equity group, Blackstone’s private equity business has been a global leader since 1985. We uncover value by identifying great companies and enhancing their performance by providing strategic capital and outstanding management talent.  We aim to grow stronger enterprises, create jobs, and enable our portfolio companies to build lasting value for our investors, their employees and all stakeholders.

Job Title:

2024 Senior Associate

Job Description:        

Senior Associates will work on companies in a wide range of sub-sectors within software and internet across thematic idea generation, due diligence, management of external advisors, and the negotiating of contracts and other agreements. The relatively small size of this group offers Senior Associates the opportunity to work closely with senior members of the firm across offices, to manage and mentor pre-MBA associates and analysts, and to have extensive interaction with management teams and other external parties.

Responsibilities:

• Investment research.
• Industry and competitive analysis.
• Business diligence.
• Financial diligence and valuation.
• Drafting of memoranda for internal and external use.
• Assistance in the execution and financing of transactions.
• Management of pre-MBA associates and analysts.

Qualifications:                       

Blackstone seeks to hire individuals who are highly motivated, intelligent, and have demonstrated excellence in prior endeavors. In addition to strong analytical and quantitative skills, the successful candidate should have strong communication skills and a desire to work in a team environment. A solid knowledge of business strategy, finance and accounting is important. Prior experience in private equity is required.

To be considered for the 2024 Senior Associate Program, applicants must meet the following criteria:

•          Currently enrolled as an MBA student.

•          Anticipated graduation date: Spring / Summer 2024

•          Resume must include expected graduation month/year.

•          Resume must be in PDF format.

If you do not meet these criteria, please see Blackstone’s Careers website for other opportunities that may be available, including other entry level positions.

The duties and responsibilities described here are not exhaustive and additional assignments, duties, or responsibilities may be required of this position.  Assignments, duties, and responsibilities may be changed at any time, with or without notice, by Blackstone in its sole discretion.

Expected annual base salary range:

$160,000 - $175,000

Actual base salary within that range will be determined by several components including but not limited to the individual’s experience, skills, qualifications and job location. For roles located outside of the US, please disregard the posted salary bands as these roles will follow a separate compensation process based on local market comparables.

Additional compensation: Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.

Blackstone is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, disability, genetic predisposition, veteran or military status, status as a victim of domestic violence, a sex offense or stalking, or any other class or status in accordance with applicable federal, state and local laws. This policy applies to all terms and conditions of employment, including but not limited to hiring, placement, promotion, termination, transfer, leave of absence, compensation, and training.  All Blackstone employees, including but not limited to recruiting personnel and hiring managers, are required to abide by this policy.

If you need a reasonable accommodation to complete your application, please contact Human Resources at 212-583-5000 (US), +44 (0)20 7451 4000 (EMEA) or +852 3656 8600 (APAC).

Depending on the position, you may be required to obtain certain securities licenses if you are in a client facing role and/or if you are engaged in the following:

• Attending client meetings where you are discussing Blackstone products and/or and client questions;
• Marketing Blackstone funds to new or existing clients;
• Supervising or training securities licensed employees;
• Structuring or creating Blackstone funds/products; and
• Advising on marketing plans prepared by a sales team or developing and/or contributing information for marketing materials.

Note: The above list is not the exhaustive list of activities requiring securities licenses and there may be roles that require review on a case-by-case basis.  Please speak with your Blackstone Recruiting contact with any questions.