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Blackstone Credit & Insurance Finance - Investor Reporting AVP

Blackstone
New York 601 Lex, United Statesfull_timeVerifiedPosted 13 Sept 2024
💰 $185,000/yr($125,000/yr$185,000/yr)

About the role

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 LinkedInTwitter, and Instagram.
 

Blackstone Credit & Insurance (“BXCI”) is one of the world’s leading credit investors. Our investments span the credit markets, including private investment grade, asset based lending, public investment grade and high yield, sustainable resources, infrastructure debt, collateralized loan obligations, direct lending and opportunistic credit. We seek to generate attractive risk-adjusted returns for institutional and individual investors by offering companies capital needed to strengthen and grow their businesses. BXCI is also a leading provider of investment management services for insurers, helping those companies better deliver for policyholders through our world-class capabilities in investment grade private credit.

Job Title: Blackstone Credit & Insurance Finance, Investor Reporting AVP

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

Specific Responsibilities:

  • Preparing/reviewing responses to information requests from investors in the BXCI business, providing portfolio and financial information as needed
  • Creating and distributing capital call and distribution notices to Limited Partners
  • Working closely with members of the deal team, accounting, legal, tax, and marketing to coordinate the writing and delivery of notices to investors on a timely basis
  • Liaising with fund accounting, investor services, legal, tax and finance teams to source information for specific investors for LP performance summaries and various requests
  • Maintaining investor request database and track status of outstanding inquiries in BX Nexus
  • Assisting in the dissemination of general correspondence with investors and internal requests
  • Collaborating on daily basis with team members and COE team to handle LP inquiries
  • Communicating effectively with teams to troubleshoot issues and resolve matters and participate in technology and process improvement initiatives
  • Assisting with maintenance and postings of investor information on BXAccess portal, which organizes and manages BXCI investor information
  • Interfacing with members of the firm’s global credit and insurance team, ICS team, accounting group, and other groups within the firm to evaluate new investor requests to ensure consistency
  • Assisting in onboarding new funds to existing platforms, including detailed review of underlying LP and fund organizational documents
  • Overseeing work performed by off‐shore team members, as needed
  • Exploring opportunities to improve, automate and streamline strategic processes across various BXCI functions and processes
  • Oversee and manage timely update of information leveraged by various teams
  • Supporting the Global Fund accounting team in an operational capacity for all BXCI investments (i.e. wire instruction updates, follow-up with investors on late fundings)
  • Assisting with investor-specific audit requests
  • Liaising with external legal team to process LP transfer, name changes, Right of First Refusal/Offer requests

Qualifications:

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

  • 5+ years of experience in the alternative asset management business (Preferably Credit experience)
  • Undergraduate degree required; concentration in finance or accounting (preferred but not required)
  • CPA or graduate de

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Company

Blackstone

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