What are the responsibilities and job description for the Blackstone Infrastructure Partners Asset Management Associate position at Blackstone?
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 Description :
Blackstone Infrastructure Partners ("BIP") is an active investor across energy, transportation, digital infrastructure and water and waste infrastructure sectors. We seek to apply a long-term buy-and-hold strategy to large-scale infrastructure assets with a focus on delivering stable, long-term capital appreciation together with a predictable annual cash flow yield. Our approach to infrastructure investing is one that focuses on responsible stewardship and stakeholder engagement to create value for our investors and the communities we serve.
Job Title : Asset Management Associate
Job Description :
BIP's Asset Management group offers the Associate the experience to play an integral role for BIP on its Asset Management team with a focus on maximizing value for the fund's investments and by acting as a critical conduit to BIP's portfolio investments. The successful candidate will work alongside experienced operators and engage with the deal team through the transaction life cycle. Additionally, the Associate will engage with senior management at BIP's portfolio companies while driving the development of financial analysis and preparation of quarterly and monthly reporting deliverables.
Job Description
The successful candidate will be engaged on all aspects of asset and portfolio management, including support during the initial diligence phase, strategy and execution of value enhancement strategies, and general areas of asset / portfolio management such as supporting Institutional Client Solutions (ICS) requests, originating and tracking Portfolio Operations engagement, KPI reporting, and ad hoc requests.
Additional responsibilities may include :
- Support the development and implementation of asset management plans to optimize performance of BIP's portfolio companies.
- Collaborate with investor relations to draft communications, providing insights and updates on portfolio company performance that will be shared across the business and limited partners.
- Onboard investments and monitor portfolio companies in collaboration with the BIP deal team, Finance, Legal & Compliance, and Portfolio Operations.
- Participate in specific strategic initiatives, refinancing activities, and management evaluations, to enhance value for portfolio companies.
- Manage portfolio reporting activities, including preparing and presenting materials to Blackstone leadership.
- Research industry trends, market developments, and macroeconomic factors, assess their impact on portfolio companies and highlight relevant insights for investors.
- Work on cross-business initiatives to drive value across portfolio.
- Manage consultants and other third parties during due diligence.
Qualifications :
Blackstone seeks to hire individuals who work well in a team-driven working group, are highly motivated, have sound judgment, and have demonstrated excellence in prior endeavors. The successful candidate should have :
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 - $150,000
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 :
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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Salary : $140,000 - $150,000