Portfolio Management Valuations & Analytics, Associate
Job Summary
Blackstone is the worlds largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstones over $1.3 trillion in assets under management include global investment strategies focused on real estate private equity credit infrastructure life sciences growth equity secondaries and hedge funds. Further information is available at . Follow @blackstone onLinkedInX (Twitter) andInstagram.
Job Description:
The Portfolio Management - Valuations & Analytics team is looking for an Associate to support stakeholders in the Blackstone Strategic Partners (BSP) and Blackstone Credit & Insurance (BXCI) groups. The core focus of the group is to prepare evaluate analyze and summarize portfolio investment valuation results for BSP secondary funds and BXCIs insurance deals.
- Review partners capital (PCAP) statements aggregate results analyze trends and present performance of secondary funds
- Prepare presentations memos and ad hoc analyses forsenior leaders
- Apply valuation methodologies in line with Blackstones valuation policy as well as requisite external guidance
- Attend valuation committee meetings and other meetings with senior stakeholders and present to leaders in Finance BSP and BXCI
- Become a subject matter expert in secondary and insurance fund models performance metrics and valuations
- Drive the onboarding process for technology and offshore team members and ensure proper data collection procedures are in place
- Coordinate valuation reviews with third-party valuation firms and respond to third-party firm inquiries
- Assist in the presentation of valuation results to various internal committees external auditors and limited partners
- Work closely with BSPs and BXCIs respective finance teams to provide inputs as well as other portfolio investment information to aid in the completion of business forecasts and other planning deliverables
- Maintain relationships with core constituencies including Asset Management deal professionals Investor Relations Operations Accounting and Finance teams
Qualifications:
- Bachelors Degree in Finance Economics Accounting or similar discipline (CFA and/or CPA a plus)
- 3 years of private valuation experience in transaction services a private equity fund hedge fund or third-party valuation services provider or a comparable role
- Capability to work in a dynamic environment that requires execution of recurring deliverables as well as projects and initiatives in support of a growing business
- Understanding of ASC 820 and corresponding valuation -depth understanding of the discounted cash flow model and market multiples
- Strong interpersonal skills high EQ and proven capability to handle interactions with deal professionals Asset Management and portfolio company representatives
- Excellent oral and written communication skills. Confidence presenting to large groups of individuals
- Proficiency in MS Excel and MS PowerPoint is required
- Proficiency in iLevel 73 Strings or a similar platform is a plus
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:
$110000 - $150000Actual base salary within that range will be determined by several components including but not limited to the individuals 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 and benefits offered in connection with the role consist of comprehensive health benefits including but not limited to medical dental vision and FSA benefits; paid time off; life insurance; 401(k) plan; and discretionary bonuses. Certain employees may also be eligible for equity and other incentive compensation at Blackstones sole discretion.
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 (US) 44 (0)(EMEA) or(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.
To submit your application please complete the form below. Fields marked with a red asterisk * must be completed to be considered for employment (although some can be answered prefer not to say). Failure to provide this information may compromise the follow-up of your application. When you have finished click Submit at the bottom of this form.
Required Experience:
IC
About Company
Blackstone is the world’s largest alternative asset manager, serving institutional and individual investors by building strong businesses positioned to deliver lasting value.