Private Equity Valuations & Analytics, Associate

The Blackstone Group L.P.; New Jersey; On-site; USD 110,000 - 150,000; Full time

Benefits offered by this job

Health benefits

401(k) plan

Bonus potential

Job summary

The Blackstone Group L.P. is seeking an Associate to support the Private Equity group within Portfolio Management - Valuations and Analytics. The core focus is to prepare, evaluate, analyze, and summarize portfolio valuation results, plus handle ad hoc analyses for monitoring and reporting.

The role requires 3+ years of valuation experience, strong Excel/PowerPoint skills, and knowledge of ASC 820. CFA/CPA is a plus. Location: New Jersey.

Qualifications

• Bachelor’s degree in Finance, Economics, Accounting, or similar discipline.
• 3+ years of experience in valuations, transaction services, a private equity fund, consulting, or other analytical roles.
• Thorough understanding of ASC 820 and corresponding valuation guidance.
• Familiarity with a wide range of valuation approaches (e.g. Income, Market, Yield Analysis, OPM, Contingent Claims, PWERM, etc.).
• Strong interpersonal skills, high EQ, and ability to interact with deal professionals and portfolio representatives.
• Excellent verbal and written communication skills.
• Proficiency in MS Excel and MS PowerPoint.

Responsibilities

• Prepare valuation models reviews, presentations for leaders, and ad-hoc deliverables.
• Update valuation templates each quarter, including DCF, PM, and other models.
• Apply valuation methodologies per policy and external guidance.
• Drive onboarding for new portfolio investments and ensure data collection procedures.
• Respond to auditor inquiries and coordinate reviews with third-party firms.
• Improve valuations and reporting processes, procedures, and use of technology.
• Create and develop presentation materials to communicate results within the Private Equity group and wider Blackstone.
• Present valuation results to internal committees, auditors, and limited partners.
• Collaborate with Private Equity Management Reporting for inputs on planning deliverables.
• Maintain relationships with deal professionals and operations teams.

Skills

Interpersonal skills

EQ

Communication skills

Attention to detail

Work ethic

Education

Bachelor’s Degree in Finance, Economics, Accounting, or similar

Tools

MS Excel

MS PowerPoint

Job description

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 www.blackstone.com.

Job Title: Private Equity Valuations & Analytics, Associate

Job Description

Blackstone’s Portfolio Management - Valuations and Analytics team is looking for an Associate to support the Private Equity group. The core focus of the team is to prepare, evaluate, analyze, and summarize portfolio investment valuation results. In addition to valuations, the team is called upon to handle a variety of ad hoc and recurring analyses related to portfolio monitoring and reporting.

Job Responsibilities

• Prepare valuation models reviews, presentations for leaders, and ad-hoc deliverables
• Update valuation templates each quarter, including discounted cash flow (DCF), performance multiple (PM), and other valuation models
• Apply valuation methodologies in line with Blackstone’s valuation policy as well as requisite external guidance
• Drive the onboarding process for new portfolio investments and ensure proper data collection procedures are in place
• Respond to auditor inquiries and coordinate valuation reviews with third party valuation firms
• Drive enhancements and improvements to the group’s valuations and reporting processes, procedures, offshore resources, and use of technology
• Manage the creation and development of presentation materials to effectively communicate results within the Private Equity group and wider Blackstone
• Assist in the presentation of valuation results to various internal committees, external auditors, and limited partners
• Work closely with Private Equity Management Reporting to provide inputs as well as other portfolio investment information to aid in the completion of planning deliverables
• Maintain relationships with deal professionals, Institutional Client Services, Portfolio Operations, Accounting, Operations, and Finance teams

Qualifications

• Bachelor’s Degree in Finance, Economics, Accounting, or similar discipline (CFA and/or CPA a plus) 3+ years of experience in valuations, transaction services, a private equity fund, consulting, or other relevant analytical roles
• Experience working in a dynamic environment that requires execution of recurring deliverables as well as projects and initiatives in support of a growing business
• Thorough understanding of ASC 820 and corresponding valuation guidance.
• Familiarity with a wide range of valuation approaches (e.g. Income, Market, Yield Analysis, OPM, Contingent Claims, PWERM, etc.)
• Strong interpersonal skills, high EQ, confidently and competently handles interactions with deal professionals, Asset Management, and portfolio company representatives
• A highly motivated individual with strong work ethic and attention to detail
• Excellent verbal and written communication skills
• Proficiency in MS Excel and MS PowerPoint is required
• 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.

Salary & Benefits

• 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.
• Additional compensation and benefits offered in connection with the role consist of 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.

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 contact Human Resources at 212-583-5000 (US), [phone] (EMEA) or [phone] (APAC).

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.

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.