Finance - Investment Operations - Perpetuals - Associate

Blackstone Group; New York (NY); Sur place; USD 110 000 - 150 000; Plein temps

Avantages offerts par ce poste

Comprehensive health benefits

Equity and incentive compensation

Résumé du poste

Blackstone Group in New York is seeking an Investment Operations Associate for Perpetual Private Equity funds. You will lead liquidity management, cash forecasting, and reporting, collaborating with investment teams and external counterparties to optimize capital deployment and operational efficiency.

The role focuses on cash operations, credit facilities, and regulatory reporting within a private equity/alternative investments setting.

Qualifications

• 3+ years of private equity fund operations, hedge fund operations or private equity fund accounting experience
• Strong analytical, quantitative, and problem-solving skills with exceptional attention to detail
• Advanced proficiency in Microsoft Office

Responsabilités

• Lead fund-level liquidity management activities, including cash positioning, liquidity forecasting, and scenario modelling across capital deployments, realizations, financing activities, and investor flows
• Develop and maintain dynamic liquidity models to support portfolio management, financing decisions, and strategic capital allocation
• Monitor and optimize utilization of fund credit facilities, including borrowing base calculations, covenant compliance, lender reporting, and capacity planning
• Manage daily cash operations including cash movements, funding coordination, settlement oversight, and liquidity reporting across multiple entities and accounts
• Oversee trading, settlement, and operational support for liquid credit and short-term investment positions
• Prepare and deliver liquidity, leverage, and portfolio financing reporting to senior management including the COO, CFO, Head of Finance, and Portfolio Management teams
• Monitor and enhance operational controls surrounding cash management
• Coordinate investment closing and sale-related funds flows with deal teams, legal counsel, tax advisors, custodians, and counterparties
• Partner with fund accounting teams on transaction accounting, cash reconciliations, and financial statement support under GAAP
• Supervise and review responsibilities delegated to junior team members and offshore support teams
• Drive process improvement and automation initiatives related to liquidity reporting, forecasting, and operational infrastructure
• Support audits, regulatory inquiries, and ad hoc strategic projects as needed

Connaissances

Analytical skills

Attention to detail

Cash management

Liquidity forecasting

Financing facilities

Borrowing base mechanics

Microsoft Office

Formation

Bachelor's Degree in Accounting or Finance

Outils

Microsoft Office

Description du poste

About Blackstone

Blackstone is the world's largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone's over $1.3 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at . Follow @blackstone on LinkedIn, X (Twitter), and Instagram.

Job Title

Investment Operations - Perpetuals - Associate

Job Description

The Finance – Operations team is responsible for overseeing fund administration, liquidity management, and portfolio financing activities for Blackstone's Perpetual Private Equity funds. The role partners closely with investment teams, portfolio management, finance leadership, and external counterparties to optimize fund liquidity, capital deployment, and operational efficiency. This position is well suited for candidates with experience in fund operations, cash forecasting, or liquidity modelling within private equity, asset management, banking, or alternative investments.

Key Responsibilities

• Lead fund-level liquidity management activities, including cash positioning, liquidity forecasting, and scenario modelling across capital deployments, realizations, financing activities, and investor flows
• Develop and maintain dynamic liquidity models to support portfolio management, financing decisions, and strategic capital allocation
• Monitor and optimize utilization of fund credit facilities, including borrowing base calculations, covenant compliance, lender reporting, and capacity planning
• Manage daily cash operations including cash movements, funding coordination, settlement oversight, and liquidity reporting across multiple entities and accounts
• Oversee trading, settlement, and operational support for liquid credit and short-term investment positions
• Prepare and deliver liquidity, leverage, and portfolio financing reporting to senior management including the COO, CFO, Head of Finance, and Portfolio Management teams
• Monitor and enhance operational controls surrounding cash management
• Coordinate investment closing and sale-related funds flows with deal teams, legal counsel, tax advisors, custodians, and counterparties
• Partner with fund accounting teams on transaction accounting, cash reconciliations, and financial statement support under GAAP
• Supervise and review responsibilities delegated to junior team members and offshore support teams
• Drive process improvement and automation initiatives related to liquidity reporting, forecasting, and operational infrastructure
• Support audits, regulatory inquiries, and ad hoc strategic projects as needed

Qualifications

• Bachelor's Degree in Accounting or Finance
• 3+ years of private equity fund operations, hedge fund operations or private equity fund accounting experience
• Strong analytical, quantitative, and problem-solving skills with exceptional attention to detail
• Strong understanding of cash management, liquidity forecasting, financing facilities, borrowing base mechanics, and cash controls
• Skill to work in a dynamic professional environment and handle multiple projects and deadlines
• Builds relationships and communicates effectively across multiple levels, functions and regions
• Effectively work and communicate with members of the team to ensure established deadlines are being met in an efficient, accurate and thorough manner
• Desire to implement process improvement opportunities
• A self-starter who works independently
• Advanced proficiency in Microsoft Office (Excel, Word and PowerPoint) required

Compensation

Expected annual base salary range: $110,000 - $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.

Benefits

• comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits; paid time off; life insurance; 401(k) plan; and discretionary bonuses.
• Certain employees may also be eligible for equity and other incentive compensation at Blackstone's sole discretion.

Equal Employment Opportunity

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.

Accommodations

If you need a reasonable accommodation to complete your application, please contact Human Resources at 212-583-5000 (US), [phone] (EMEA) or [phone] (APAC).

Securities Licenses

• 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.

Summary

Location: New York

Type: Full time