Legal & Compliance - Corporate Attorney, AVP

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 Legal & Compliance

Job Title: L&C – Corporate Attorney, AVP

Job Description:       

The Legal & Compliance department seeks an attorney with at least 3 years of experience to support the Blackstone Credit & Insurance (BXCI) business, with a focus on investment management services provided to insurance companies.

Blackstone Credit 

Blackstone Credit is one of the world’s largest credit-focused asset managers. Blackstone’s Credit and Insurance segment has $295 billion in AUM. Blackstone Credit seeks to generate attractive risk-adjusted returns for our clients by investing across the entire corporate credit market, from public debt to private loans. Our capital supports a wide range of companies across sectors and geographies, enabling businesses to expand, invest, and navigate changing market environments. 

Blackstone Insurance Solutions   

Blackstone Insurance Solutions (BIS) delivers Blackstone’s investment management expertise to insurers, helping those firms meet long-term policyholder obligations and drive shareholder value. BIS partners with insurers to deliver customizable and diversified portfolios of Blackstone products from our credit, real estate, and alternatives platforms, as well as the option for full, outsourced management of insurance companies’ investment portfolios. 

The attorney will work on a variety of legal-related matters involving the BXCI business, while also working in coordination with other Blackstone business unit legal teams. Primary areas of responsibility would include:

• Legal matters related to Blackstone’s general account insurance clients, including investment structuring and support, investment management agreement negotiation and monitoring, insurance regulatory considerations, and coordination with underlying Blackstone business units that sub-manage insurance client accounts with respect to certain asset classes

• Transactional support, including with respect to Advisers Act and other regulatory matters, of the investment teams on a broad range of investments, including public and private credit, asset-based finance, traded and private real estate debt and private fund investments

• Transactional support relating to M&A activity focused on insurance companies

• Liaising with outside counsel, operations, finance, tax, government relations/public affairs, fund formation and compliance teams on a variety of matters, including client disclosures, transaction negotiations, regulatory matters and LP and co-investor matters

Qualifications:          

Blackstone seeks to hire individuals who are highly motivated, intelligent, and have demonstrated excellence in prior endeavors. The successful candidate should have:

• At least 3 years of directly related experience as an attorney in a leading law firm’s private fund or credit group or with a credit-focused asset manager.

• An understanding of credit instruments and assets (e.g., public debt securities, loan syndications, CLOs and other asset-based financing, direct lending, mortgage loans) is a strong plus

• Knowledge of insurance regulatory issues is not required, but a strong plus

• An undergraduate degree and a law degree are required, strong academic record

• Demonstrated ability to write effectively

• Strong organizational skills

• Strong communication skills

Competencies:

The candidate should demonstrate the following personal competencies:

• Strong technical skills, intelligent, and ability to understand difficult, complex compliance and business problems

• The ability to wor