Portfolio Management - Valuations & Analytics, Associate

Blackstone is the world's largest alternative asset manager, with over $1.3 trillion in assets under management across real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds.

The Portfolio Management - Valuations & Analytics team is looking for an Associate to support stakeholders in the Blackstone Strategic Partners ("BSP") and Blackstone Credit & Insurance ("BXCI") groups. The core focus of the group is to prepare, evaluate, analyze, and summarize portfolio investment valuation results for BSP secondary funds and BXCI's insurance deals.

Key Responsibilities

Review partners' capital ("PCAP") statements, aggregate results, analyze trends, and present performance of secondary funds

Prepare presentations, memos, and ad hoc analyses for senior leaders

Apply valuation methodologies in line with Blackstone's valuation policy and external guidance

Attend valuation committee meetings and present to leaders in Finance, BSP, and BXCI

Become a subject matter expert in secondary and insurance fund models, performance metrics, and valuations

Coordinate valuation reviews with third-party valuation firms

Work closely with BSP's and BXCI's finance teams on business forecasts and planning deliverables

Qualifications

Bachelor's Degree in Finance, Economics, Accounting, or similar discipline (CFA and/or CPA a plus)

3+ years of private valuation experience in transaction services, a private equity fund, hedge fund, or third-party valuation services provider

Understanding of ASC 820 and corresponding valuation guidance, DCF modeling and market multiples

Proficiency in MS Excel and PowerPoint required; iLevel or 73 Strings experience a plus

Expected annual base salary range: $110,000-$150,000, plus comprehensive health benefits, 401(k), and discretionary bonuses.