Blackstone Credit & Insurance - Sustainable Resources Group, Senior Associate

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 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:

Blackstone Credit & Insurance

Business Unit Overview:         

Blackstone Credit & Insurance’s Sustainable Resources Group (“BXCI SRG”) is a market leader in renewable energy and sustainable infrastructure.  The firm estimates its energy transition portfolio has a fair market value of ~$16bn as of March 31, 2024.  BXCI SRG employs a broad and opportunistic strategy ranging from senior secured, preferred equity, and common equity investments across both the private and public markets. The group targets investments in the energy transition sectors (e.g. solar, wind, distributed energy, EVs) as well as traditional energy infrastructure (e.g. midstream, LNG). 

Job Title:

Senior Associate                      

Job Description/Responsibilities:        

Senior Associates in Blackstone Credit & Insurance will have the opportunity to participate in all aspects of the investment process from initiation to close. Responsibilities will include financial analysis, execution of transactions (including meeting and interacting with management teams as part of the due diligence process), industry research and competitive analysis, legal documentation and drafting of memoranda for internal and external use. Candidates can expect to work on numerous projects at a time in various private and public investment opportunities.  The small size of the professional staff and the extent of the deal flow require lean staffing and significant responsibility sharing.

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 have:

• At least 4 years of relevant work experience from investment banking, private equity or private credit
• 2+ years of investing experience
• Experience in analyzing financial statements and conducting due diligence
• Exceptionally strong financial modeling skills
• Strong organizational and process management skills
• Strong communication skills, a demonstrated ability to write effectively
• A desire to work in a team environment, and the ability to think and work independently

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.

Expected annual base salary range:

$150,000 - $185,000

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: Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.

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