Blackstone Multi-Asset Investing (BXMA)- Investment Associate

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 $1.1 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.
 

Business Unit Overview:
Blackstone Multi-Asset Investing (BXMA) manages $84 billion across a diversified set of businesses. We strive to generate attractive risk-adjusted returns across market cycles while mitigating downside risk. Our strategies include Absolute Return, which supports diversification, and Multi-Strategy, which invests opportunistically across asset classes, including direct investments.    
 

Job Title: Blackstone Multi-Asset Investing (BXMA), Total Portfolio Management, Investment Associate                       

Job Description:  

This role offers the opportunity to work with an experienced team to develop and manage customized client portfolios. The open architecture approach combines external fund investments, private market strategies, direct investing and the Blackstone ecosystem.

Responsibilities:

Primary responsibilities will include:

• Working with the investment team to source, diligence and underwrite prospective investments across asset classes. This will include, but not be limited to, industry/strategy research, fund evaluation, financial modeling, meetings with managers, risk analysis and formulation of investment theses

• Monitoring existing positions, themes and exposures in the portfolio and continuously challenging the validity of the investment thesis

• Gathering and analyzing market data to understand market conditions and principal components driving asset class performance; making recommendations based on the current environment and future expectations

• Developing investment memos and presentations for the Investment Committee, as well as key client deliverables

• Thinking creatively about ways to improve the team’s existing processes, helping ensure quality, consistency and thoroughness in their approach

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:
 

• 3 years of investment banking experience

• Passion for both investing and business building

• Strong understanding of global markets and asset classes, including private markets

• Superior communication skills, including a demonstrated ability to write effectively

• Exceptional work ethic, entrepreneurial spirit, intellectual curiosity and desire to continually expand their understanding and improve

• Collaborative workplace approach that fosters strong working relationships

• Integrity

• Desire to work in a dynamic environment, often under time constraints

• Undergraduate degree required

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:

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.

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.

Salary : $150,000 - $160,000