GP Stakes Strategic Value, Analyst/Associate

Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s over $1.3 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram. 

Blackstone Strategic Partners is a global capital solutions provider, with $100 billion of investor capital under management. We offer a range of liquidity opportunities to both limited and general partners, including secondaries, GP Stakes and co-investments across private markets. Founded in 2000, we are one of the world’s largest and most established secondaries platforms. Within Blackstone Strategic Partners, the GP Stakes team manages approximately $13B of AUM and acquires minority ownership interests in leading private market firms (“GPs”).

The Strategic Value team partners with GP Stakes portfolio firms to support growth, institutionalization and operating excellence by leveraging Blackstone’s platform, network, market insights and functional expertise.

The Analyst/Associate will play an important role in helping scale this platform by supporting high-priority initiatives across portfolio GP engagement, market intelligence, product strategy and cross-Blackstone connectivity.

The role will entail:

• Driving research and analysis leveraging the full resources of Blackstone to advise portfolio GPs on growth and institutionalization initiatives
• Advising portfolio GPs on product and fundraising strategy, including leading market analysis, benchmarking and marketing strategy development
• Collaborating with various teams across Blackstone to generate insights for portfolio GPs across all functional areas, including distribution strategy, fund structuring, talent and organizational design, technology and generative AI, cybersecurity, finance, legal and compliance, capital markets, government relations, brand and communications strategy, and more
• Engaging with portfolio GPs in both formal and ad hoc settings to deliver value and understand key firm priorities
• Identifying and evaluating third parties that can deliver targeted solutions to portfolio GPs
• Supporting GP Stakes-hosted forums, roundtables and thematic events by developing content, synthesizing insights and coordinating follow-up
• Partnering with the full GP Stakes business and Blackstone fundraising teams to communicate the team’s competitive differentiation to prospective GPs and LPs
• Supporting GP Stakes sourcing efforts through market mapping and various benchmarking analysis
• Developing relationships with Blackstone domain experts across the firm

Primary responsibilities will include:

• Developing presentation materials, business plans, memos and other deliverables related to portfolio GP strategic initiatives
• Maintaining pitch materials, internal marketing materials and Strategic Value Team collateral
• Creating and maintaining proprietary playbooks on product strategies, distribution, fund structuring and operational best practices and considerations
• Engaging with portfolio GPs on a regular basis to monitor business developments and fundraising progress
• Delivering updates on strategic value activity with portfolio GPs to internal and external stakeholders
• Supporting the development and execution of thought leadership events, forums and roundtables related to the Strategic Value program
• Maintaining CRM-style documentation relating to portfolio GP engagement

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, a successful candidate will have:

• 2+ years of relevant work experience in strategy consulting for the investment management industry, asset management product strategy and development, fund structuring, capital formation, or a related role supporting private market GPs
• Understanding of private markets, alternative asset classes, fund structures and the fundraising landscape
• Strong analytical skills, with the expertise to evaluate market trends, synthesize benchmarking data and translate analysis into actionable recommendations
• Excellent written and verbal communication skills, including the proficiency to create clear, polished and senior-facing materials
• Advanced PowerPoint, Excel and Word skills, with high attention to detail and the capability of creating a high-quality work product under tight timelines
• Capable of managing multiple workstreams simultaneously across a broad range of topics, stakeholders and functional areas  
• Strong relationship-building skills and comfort interacting with internal and external stakeholders

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:

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 and benefits offered in connection with the role consist of comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits; paid time off; life insurance; 401(k) plan; and discretionary bonuses. Certain employees may also be eligible for equity and other incentive compensation at Blackstone’s sole discretion.

Blackstone is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, disability, genetic predisposition, veteran or military status, status as a victim of domestic violence, a sex offense or stalking, or any other class or status in accordance with applicable federal, state and local laws. This policy applies to all terms and conditions of employment, including but not limited to hiring, placement, promotion, termination, transfer, leave of absence, compensation, and training.  All Blackstone employees, including but not limited to recruiting personnel and hiring managers, are required to abide by this policy.

If you need a reasonable accommodation to complete your application, please contact Human Resources at 212-583-5000 (US), +44 (0)20 7451 4000 (EMEA) or +852 3656 8600 (APAC).

Depending on the position, you may be required to obtain certain securities licenses if you are in a client facing role and/or if you are engaged in the following:

• Attending client meetings where you are discussing Blackstone products and/or and client questions;

• Marketing Blackstone funds to new or existing clients;

• Supervising or training securities licensed employees;

• Structuring or creating Blackstone funds/products; and

• Advising on marketing plans prepared by a sales team or developing and/or contributing information for marketing materials.

Note: The above list is not the exhaustive list of activities requiring securities licenses and there may be roles that require review on a case-by-case basis.  Please speak with your Blackstone Recruiting contact with any questions.
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