2027 Blackstone Energy Transition Partners Associate

The Blackstone Group L.P.; New York (NY); On-site; USD 126,000 - 154,000; Full time

Job summary

The Blackstone Group L.P. has an opportunity for an Associate in New York. You will engage in the full investment lifecycle, from sourcing and evaluating investments to executing transactions. Key responsibilities include conducting research, financial analysis, and drafting investment memoranda.

Candidates should have a BA or BSc degree, 2+ years of experience in investment banking or private equity, and strong communication skills. The expected salary range is $140,000 annually.

Qualifications

• 2+ years of experience in investment banking or private equity.
• Strong understanding of accounting and finance.
• Ability to manage multiple competing priorities.

Responsibilities

• Conduct thorough research to identify and evaluate potential investment opportunities.
• Perform comprehensive financial analysis to assess investment prospects.
• Draft clear investment memoranda for stakeholders.

Skills

Financial modelling and analysis

Excellent written and verbal communication skills

Interpersonal skills

Attention to detail

Education

BA or BSc degree

Job description

Business Unit Overview

Blackstone Energy Transition Partners (BETP) is Blackstone's energy-focused private equity business, a leading energy investor with a successful long‑term record. BETP invests over $24billion of equity globally across a broad range of sectors within the energy industry, backing exceptional management teams with flexible capital to deliver cleaner, more reliable and affordable energy.

Associate Program Overview

The Associate Program provides a unique opportunity to combine the financial acumen of investment banking with the strategic insight of management consulting. Associates engage in the full investment lifecycle, from sourcing and evaluating investments to executing transactions and supporting portfolio companies. In a relatively small team, associates take on significant responsibilities within deal teams, playing integral roles in structuring and financing transactions.

Key Responsibilities

• Conduct thorough research to identify and evaluate potential investment opportunities in various sectors.
• Perform comprehensive financial analysis, including valuation and modelling, to assess investment prospects.
• Analyze industry trends and competitive dynamics to inform strategic decision‑making.
• Execute detailed business diligence to evaluate target companies, including their operations, financial health, and growth potential.
• Prepare comprehensive due diligence packs incorporating relevant analytics, market research, and background information.
• Conduct interviews with industry experts and management teams to gather insights and validate investment assumptions.
• Assist in the execution and financing of transactions, ensuring effective coordination among stakeholders.
• Build detailed operating models for prospective investments to project financial outcomes and assess value‑creation strategies.
• Draft clear and concise investment memoranda for internal and external stakeholders.
• Prepare written summaries and presentation materials to effectively communicate findings and investment theses to the investment committee.
• Support portfolio companies by analysing performance metrics and identifying opportunities for operational improvements; develop and implement value‑creation plans.
• Provide overall support to the investment team, contributing to various projects and initiatives as needed.
• Embrace an apprenticeship‑based model, actively learning from and sharing knowledge with team members to foster a collaborative environment.

Qualifications

• Requires a BA or BSc degree.
• 2+ years of experience in investment banking or private equity.
• Strong understanding of accounting and finance.
• Proficient in financial modelling and analysis.
• Excellent written and verbal communication skills; able to present complex information clearly.
• Effective interpersonal skills and works collaboratively in a team‑oriented environment.
• Ability to manage multiple competing priorities and demonstrate effective time‑management skills.
• High level of motivation, attention to detail, and a strong desire to learn and grow.
• May be required to obtain certain securities licenses when the role involves client‑facing activities such as attending client meetings, marketing Blackstone funds, supervising licensed employees, or advising on marketing plans.

Compensation and Benefits

Expected annual base salary: $140,000 – $140,000. The 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 the U.S., salary bands are based on local market comparables. Additional compensation and benefits are offered in connection with the role; base salary does not include other forms of compensation or benefits.

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. If you need a reasonable accommodation to complete your application, please email Human Resources at [e-mail].