2023 Blackstone Private Equity Infrastructure Partners Senior Associate

The Blackstone Group L.P.; United States; On-site; USD 160,000 - 175,000; Full time

Job summary

Blackstone, the world’s leading alternative asset manager, seeks a 2023 Senior Associate for Infrastructure Private Equity. You will evaluate new opportunities, lead due diligence, and work with portfolio companies and senior advisors to drive value.

The role requires MBA enrollment, strong analytical and communication skills, and a rigorous work ethic. Base salary range is $160,000–$175,000 with additional compensation; US-based role.

Qualifications

• Strong analytical and quantitative skills.
• Sound business, investment and managerial judgement.
• Strong communication skills and teamwork.
• Prior PE experience preferred; infrastructure not required.
• MBA student graduating Spring 2023 with PDF resume.

Responsibilities

• Evaluate and execute investments.
• Perform extensive due diligence and develop investment theses.
• Prepare materials for Investment Committee discussions.
• Manage junior investment professionals.
• Collaborate with portfolio management and senior advisors.

Skills

Analytical skills

Quantitative skills

Communication skills

Investment knowledge

Managerial judgement

Education

MBA student

Job description

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, X, and Instagram.

2023 Senior Associate – Infrastructure Private Equity (BIP) Employer: Blackstone Blackstone Infrastructure Partners Blackstone Infrastructure Partners 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:

2023 Senior Associate – Infrastructure Private Equity

Job Description:

The professionals in Blackstone’s Infrastructure Private Equity Group work on all aspects of infrastructure investing. Senior Associates evaluate new opportunities and work closely with portfolio companies. On new opportunities, Senior Associates play pivotal, leadership roles in all assets of transactions, including due diligence, investment committees, and negotiations, amongst others. On portfolio companies, Senior Associates work closely with industry-leading executives and BIP’s Senior Advisors to address a broad array of critical issues.

Responsibilities:

• Evaluate and execute investments
• Perform extensive due diligence, including investment screening, thesis development, leading discussions with management teams, coordinating with various advisors and other key stakeholders, and formulating and executing investment theses and business plans
• Prepare and discuss transaction evaluation materials with BIP’s Investment Committee, which includes the most senior members of Blackstone
• Manage a team of world-class junior investment professionals
• Work alongside portfolio company management teams, Blackstone’s Portfolio Operations team & Senior Advisors in managing current investments, including analyzing potential add-on investments, refinancing opportunities, and exit opportunities
• Play a role in shaping the environment of one of Blackstone’s newest investment vehicles

Qualifications:

Blackstone seeks to hire individuals who are highly motivated, intelligent, team-oriented, and have a history of demonstrated excellence. In addition to strong analytical and quantitative skills, the successful candidate should be intellectually curious, have sound business, investment and managerial judgement, strong communication skills, and a desire to work in a collaborative, fast-paced team environment. A solid knowledge of business strategy, finance and accounting is desirable. Prior experience in private equity is preferred. No previous experience in infrastructure is required.

To be considered for the 2023 Senior Associate Program, applicants must meet the following criteria:

• Currently enrolled as an MBA student
• Anticipated graduation date: Spring 2023
• Be confident, intellectually curious, and self-aware with excellent interpersonal and communication skills
• Have a strong analytical background
• Have a strong work ethic and genuine passion for excellence
• Have personal and professional integrity
• Work well as a member of a nimble team
• Ability to manage internal and external stakeholders towards deadlines
• Resume must include expected graduation month/year and 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.

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.

Equal Employment Opportunity Statement:

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 [e-mail].

Regulatory information:

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.

About the Employer

At Blackstone, we look to attract and retain the brightest minds in the business, hiring professionals across a wide range of disciplines. Our employees are integral to the firm’s identity, contributing to a culture of integrity, professionalism and excellence. It is their dedication and passion for their work that has helped Blackstone become a trusted partner for some of the largest institutional investors in the world. We encourage independent thinking and reward initiative, while providing services to help employees grow professionally. Our global business platform and brand reputation provide an unparalleled launch pad for growing your career.