Blackstone Multi Asset Investing (BXMA) - Portfolio Management, Analyst

Blackstone is the world’s largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $1.1 trillion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, Twitter, and Instagram.
 

Business Unit Overview:

Blackstone Multi Asset Investing (BXMA) manages approximately $84 billion across a diversified array of businesses, including a customized portfolio solutions platform, a special situations platform, an open-ended mutual fund platform, and an emerging manager seeding platform. BXMA invests across a variety of strategies, asset classes, and capital structures to create solutions for its clients.  Through its focus on client objectives, rigorous due-diligence process, and access to Blackstone’s global insights, BXMA strives to generate attractive risk-adjusted returns through market cycles while mitigating downside risk during periods of volatility.

Job Title: Blackstone Multi Asset Investing (BXMA) - Portfolio Management, Analyst

Job Description:    

The Analyst/Associate will be involved in the portfolio construction, asset allocation, and risk management processes for both the customized portfolio solutions and the open-ended mutual fund platforms. The Portfolio Management team is an integral part of BXMA’s investment team that works closely with all of BXMA’s strategy-focused hedge fund research teams, the Investment Committee (IC), Risk Management, and Client Solutions teams. The Portfolio Management team is an active participant in BXMA’s IC meetings and the analyst/associate on this team will have significant exposure to all types of hedge fund investment strategies as well as direct investments.

Responsibilities:

• Expanding knowledge of portfolio construction, asset allocation, and risk management through hands on application, and developing enhanced analytics on client and prospect portfolios and investments

• Assisting in the preparation of senior management and investment committee meeting materials including pro-forma portfolio allocation and redemption plans, monthly performance and related manager commentary

• Monitoring client portfolios against stated mandates and guidelines, and thinking critically about portfolio positioning, key risks, sources of attribution, etc.

• Interfacing with BXMA’s strategy-focused hedge fund research teams to maintain and track data elements such as manager capacity, manager liquidity, and manager returns

• Maintaining and monitoring manual processes which govern portfolio management, investment reporting, fund performance, and data integrity with a goal of full automation

• Owning, running, and maintaining full suite of risk and performance reports using a combination of Python scripts and Excel models

Qualifications:

Blackstone seeks to hire individuals who are highly motivated, intelligent and have demonstrated excellence in prior endeavors. In addition to strong analytical and quantitative skills, the successful candidate should meet the following qualifications::

• 2+ years of relevant work experience in asset management, alternatives, etc.

• Excellent interpersonal and communication skills, both written and verbal

• Advanced Excel skills and proficiency in programming and querying languages including Python and SQL

• A desire to work in dynamic environment

• Able to manage ad hoc projects independently and to completion

• A passion for global financial markets and hedge funds, and an understanding of different strategies that hedge funds employ

The duties a