Strategic Partners - Infrastructure Secondaries, 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.
 

Strategic Partners - Private Equity Secondaries, Associate    

Business Unit:

Strategic Partners

Business Description:

Strategic Partners is a global leader in illiquid fund investing, including secondaries, co-investments and primary advisory. The Strategic Partners business was founded in 2000 and has significant experience in providing limited partners a range of liquidity solutions across illiquid asset classes on a fair, timely and confidential basis. Strategic Partners is one of the most prolific secondary market participants in the world and is recognized as an innovative investor, with broad transaction capabilities that reinforce its established reputation as a nimble and responsive investor. Through its private equity, infrastructure and real estate platforms Strategic Partners has executed over 2,000 transactions that represent interests in approximately 5,200 underlying fund interests managed by over 1,600 different financial sponsors. 

Job Title:

Associate

Job Description:              

Strategic Partners provides the opportunity to join one of the most active and long-tenured investment teams in the secondary private equity industry. Primary job responsibilities include extensive analysis, valuation and financial modeling of infrastructure assets and funds.

The Associate will gain valuable experience working on GP and LP secondary transactions, as well as co-investments, primary commitments and other unique deals.  Additional responsibilities include preparing Investment Committee memos, identifying and executing investments, attending investment diligence sessions and performing portfolio monitoring activities.

Responsibilities will include:

• Evaluating and closing investments including all aspects of deal due diligence
• Negotiating and structuring transactions effectively within tight time constraints
• Preparing internal memoranda and other materials to support investment recommendations and to communicate with internal constituents
• Monitoring investments to communicate strategy and performance with existing and prospective investors

Qualifications: 

                               

Strategic Partners 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 strong communication skills, a demonstrated ability to write effectively, and a desire to work both independently and collaboratively in a lean and growing team.  The ideal candidate will have at least 4 years of experience in investment banking, direct investing or secondary private equity experience.

A successful candidate will be:

• A driven individual with a strong sense of personal integrity
• Self-motivated and resourceful; able to multi-task and focus on delivering results
• An enthusiastic team member who collaborates well with others and builds strong working relationships, both internally and externally
• An effective communicator who also recognizes the importance of listening
• Resilient, flexible, open to feedback and focused on achieving excellence
• Client-focused and committed to developing creative solutions

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:

$120,000 - $150,000

Actual base salary within that range will be determined by several components incl