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)

Discretionary bonuses

Equity opportunities

Job summary

Blackstone’s Portfolio Management - Valuations and Analytics team seeks an Associate to support the Private Equity group in valuation, monitoring, and reporting tasks. You will prepare and review valuation models, update quarterly templates, and coordinate with auditors and external firms.

The role requires a finance-focused degree and 3+ years in valuations or related analytics, with ASC 820 knowledge and strong Excel/PowerPoint skills.

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 analytical roles.
• Experience in a dynamic environment with recurring deliverables and projects.
• Thorough understanding of ASC 820 and valuation guidance.
• Familiarity with Income, Market, Yield Analysis, OPM, Contingent Claims, PWERM, etc.

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 data collection procedures.
• Coordinate valuation reviews with third party valuation firms and respond to auditor inquiries.
• Improve group valuations and reporting processes, offshore resources, and use of technology.
• Create and develop presentation materials to communicate results within PE and Blackstone.
• Present valuation results to internal committees, external auditors, and LPs.
• Provide inputs to planning deliverables with Private Equity Management Reporting.
• Maintain relationships with deal professionals, Institutional Client Services, Portfolio Operations, Accounting, Operations, and Finance teams.

Skills

Valuations

Financial analysis

Excel

PowerPoint

Communication

Attention to detail

Interpersonal skills

Education

Bachelor's in Finance/Economics/Accounting

CFA/CPA preferred

Tools

Excel & 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.

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.

Compensation & 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. 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 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.

Equal 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.

Securities Licenses (if applicable)

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 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.

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.