Blackstone Infrastructure Partners Asset Management Associate

The Blackstone Group L.P.; New York (NY); On-site; USD 140,000 - 150,000; Full time

Benefits offered by this job

Comprehensive health benefits

Paid time off

401(k) plan

Discretionary bonuses

Job summary

The Blackstone Group L.P. is seeking an Asset Management Associate in New York, NY to engage with deal teams and develop financial analysis for portfolio management. The role requires strong communication and organizational skills to manage multiple projects effectively.

The expected salary for this position lies between $140,000 and $150,000, with additional benefits including comprehensive health coverage and discretionary bonuses.

Qualifications

• 3+ years of work experience in financial services, consulting, or accounting.
• Proficiency in financial analysis and financial modeling.
• Strong written and verbal communication skills.
• Ability to manage multiple projects in a dynamic environment.
• Excellent organizational skills and attention to detail.

Responsibilities

• Engage with the deal team through the transaction life cycle.
• Develop financial analysis and reporting deliverables.
• Support initial diligence and execution of value enhancement strategies.
• Collaborate with investor relations for portfolio updates.
• Manage portfolio reporting activities and present to leadership.

Skills

Financial analysis

Financial modeling

Communication skills

Project management

Organizational skills

Job description

Job Title

Asset Management Associate

Responsibilities

• Engage with the deal team through the transaction life cycle and work alongside experienced operators.
• Develop financial analysis and prepare quarterly and monthly reporting deliverables for senior management.
• Support initial diligence, strategy and execution of value enhancement strategies, and general asset/portfolio management activities.
• Assist with 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.
• Support the development and implementation of asset management plans to optimize performance of BIP’s portfolio companies.
• Collaborate with investor relations to draft communications and provide insights and updates on portfolio company performance 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

• 3+ years of work experience in financial services, consulting, accounting or other relevant exposure.
• Proficiency in financial analysis, financial modeling, and performance analysis.
• Strong written and verbal communication skills with the ability to present complex information clearly.
• Adaptability to new challenges in a dynamic environment while managing multiple projects.
• Self-starter who can work independently and meet deadlines with minimal oversight.
• Excellent organizational skills, attention to detail, and responsiveness.
• Exposure to energy, transportation, real estate, telecommunications, or other asset-intensive businesses is preferred, but not required.
• Hands-on approach to executing strategy with portfolio companies.
• Professionalism and credibility to engage effectively with senior board members and portfolio company management.

Compensation & Benefits

Expected annual base salary range: $140,000 - $150,000. Additional compensation and benefits include comprehensive health benefits (medical, dental, vision, FSA), paid time off, life insurance, 401(k) plan, discretionary bonuses, and potential equity and other incentive compensation at Blackstone’s sole discretion.

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, or 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.