Global Fund Finance - Real Estate Investor Reporting - 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 $1.1 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, X, and Instagram.

Business Unit: Global Fund Finance – Real Estate Investor Reporting

Position Title: Associate

Position Description: The BREP Investor Reporting team services investors in our BREP investment vehicles as a component of our Global Fund Finance team.

Specific Responsibilities:

• Prepare/review responses to information requests from investors in the BREP business, providing portfolio and financial information as needed.
• Liaise with fund accounting, investor services, legal, tax and finance teams to source information for specific investors for LP performance summaries and various requests
• Maintain investor request database and track status of outstanding inquiries in BX Nexus
• Assist in the dissemination of general correspondence with investors and internal requests
• Assist in the aggregation, analytics, and preparation of quarterly investor and investor related materials on behalf of the BREP funds
• Collaborate on daily basis with team members and COE team to handle LP inquiries.
• Communicate effectively with teams to troubleshoot issues and resolve matters and participate in technology and process improvement initiatives
• Assist with maintenance and postings of investor information on BXAccess portal, which organizes and manages BREP investor information
• Interface with members of the firm’s global real estate group, ICS team, accounting group, and other groups within the firm to evaluate new investor requests to ensure consistency
• Assist in onboarding new funds to existing platforms, including detailed review of underlying LP and fund organizational documents
• Oversee work performed by off‐shore team members, as needed.
• Explore opportunities to improve, automate and streamline strategic processes across various BREP functions and processes.
• Work with Legal & Compliance team to ensure new initiatives/processes are in compliance with BREP fund terms and requirements.
• Oversee and manage timely update of information leveraged by various teams
• Support the Global Fund accounting team in an operational capacity for all BREP investments (i.e. wire instruction updates, follow-up with investors on late fundings)
• Assist with investor-specific audit requests.
• Liaise with external legal team to process LP transfer, name changes, Right of First Refusal/Offer requests.
• Support quarterly LP performance reporting process in coordination with valuations team.
• Prepare BX corporate reporting deliverables.

Qualifications:

Blackstone seeks to hire individuals who are highly motivated, intelligent and have demonstrated excellence in prior endeavors.

• 3+ years of experience in the private equity industry (Preferably private equity experience)
• Undergraduate degree in Finance or Accounting
• CPA or graduate degree preferred.
• Proficient knowledge of Microsoft Office Suite (Excel, Word, PowerPoint)
• Strong analytical skills, time management skills, detail oriented and highly organized
• Possesses a strong work ethic, professional integrity, and is a team player with a positive attitude
• Strong oral and written communication and influencing skills
• Ability to work in a dynamic, fast‐paced environment and handle multiple projects
• The candidate is a self‐starter that thrives on complexity and seeking solutions

The duties and responsibilities described here are not exhaus