BXPE – Associate (2024)

Blackstone

New York, NY, USA
Posted on June 10, 2024

Blackstone is the world’s largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $1 trillion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, Twitter, and Instagram.

Blackstone Private Equity Strategies (“BXPE”) is Blackstone’s flagship private equity offering for individual investors. BXPE is a perpetual fund which invests in diversified global private equity opportunities alongside Blackstone’s private equity platform. The team invests across 15+ PE strategies spanning industries, geographies and investment structures, representing the breadth of Blackstone’s equity investing capabilities.

Job Description:

Blackstone’s Private Equity Strategies group offers Associates the chance to engage in the acquisition of companies across a variety of sectors and transaction structures. The investment process develops both the financial analysis of investment banking and the strategic thinking of management consulting. As result, the Associates are given a unique experience, enabling the development of a well-rounded and comprehensive skill set in business.

Associates at Blackstone can participate in all aspects of a given project and be staffed on a number of assignments at once. Associates can assume integral roles on deal teams and are involved with the diligence, evaluation, structuring, and financing of transactions and regularly attend internal meetings, management sessions, and negotiations.

Responsibilities:

  • Investment research
  • Financial analysis, valuation, and modeling
  • Industry and competitive analysis
  • Business diligence
  • Drafting of memoranda for internal and external use
  • Assistance in the execution and financing of transactions

Qualifications:

Blackstone seeks to hire individuals who are dynamic and intelligent and have demonstrated excellence in prior endeavors. The successful candidate should have:

  • 2+ years of experience in investment banking, Private Equity Middle Markets, or management consulting experience
  • A demonstrated ability to write effectively
  • A desire to work in a team environment
  • Excellent attention to detail
  • Intellectual curiosity
  • Strong judgment

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:

$140,000 – $140,000

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 email Human Resources at HR-Recruiting-Americas@Blackstone.com.

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.

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