Blackstone Infrastructure Partners - Principal (Investment), New York at Blackstone

New York, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

14 Feb, 26

Salary

250000.0

Posted On

16 Nov, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Analytical Skills, Quantitative Skills, Business Strategy, Finance, Accounting, Communication Skills, Teamwork, Attention to Detail, Intellectual Curiosity, Entrepreneurial Approach

Industry

Financial Services

Description

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 LinkedIn, X, and Instagram. Blackstone Infrastructure Partners is an active investor across energy, transportation, digital infrastructure and water and waste infrastructure sectors. We seek to apply a long-term buy-and-hold strategy to large-scale infrastructure assets with a focus on delivering stable, long-term capital appreciation together with a predictable annual cash flow yield. Our approach to infrastructure investing is one that focuses on responsible stewardship and stakeholder engagement to create value for our investors and the communities we serve. Job Description The professionals in Blackstone’s Infrastructure Private Equity Group work on all aspects of infrastructure investing. Principals source and evaluate new opportunities and work closely with portfolio companies. On new opportunities, Principals play pivotal, leadership roles in all aspects of transactions including sourcing, due diligence, investment committee discussions, and negotiations. Principals work directly with industry-leading executives and BIP’s Senior Advisors and Portfolio Operations teams to address challenges at portfolio companies. Principals are expected to play a role in continuing to build the Blackstone Infrastructure Partners franchise. Responsibilities include: Work closely with colleagues and external advisors in the sourcing, screening, assessing and negotiating of transactions. Critical review and analysis of financial models, performing valuations and detailed due diligence, including managing the day-to-day liaison with third-party advisors. Perform extensive due diligence including: investment screening, thesis development, leading discussions with management teams, coordinating with various advisors and other key stakeholders, and formulating and executing investment theses and business plans Prepare and discuss transaction evaluation materials with BIP’s Investment Committee, which includes some of Blackstone’s most senior leaders Contribute to the positive and professional working environment and help to manage, train and develop juniors in the team. Work alongside portfolio company management teams, Blackstone’s Portfolio Operations team & Senior Advisors in managing current investments, analyzing potential add-on investments, refinancing opportunities, and exit opportunities Qualifications Blackstone seeks to hire individuals who are highly motivated, intelligent, team-oriented, and have a history of demonstrated excellence. In addition to strong analytical and quantitative skills, the successful candidate should be intellectually curious, have sound business, investment and managerial judgement, strong communication skills, and a desire to work in a collaborative, dynamic team environment. A solid knowledge of business strategy, finance and accounting is desirable. Prior experience in private equity is preferred. No previous experience in infrastructure is required. The ideal candidate should have: 7+ years of experience in private equity, investment banking, and/or management consulting Strong communication skills A demonstrated ability to write effectively A desire to work in a team environment Solid knowledge of business strategy, finance, and accounting Excellent attention to detail Intellectual curiosity An entrepreneurial and creative approach to the pursuit of investments #LI-DNI 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: $225,000 - $250,000 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. To submit your application please complete the form below. Fields marked with a red asterisk * must be completed to be considered for employment (although some can be answered "prefer not to say"). Failure to provide this information may compromise the follow-up of your application. When you have finished click Submit at the bottom of this form. At Blackstone, we look to attract and retain the brightest minds in the business, hiring professionals across a wide range of disciplines. Our employees are integral to the firm’s identity, contributing to a culture of integrity, professionalism and excellence. It is their dedication and passion for their work that has helped Blackstone become a trusted partner for some of the largest institutional investors in the world. We encourage independent thinking and reward initiative, while providing services to help employees grow professionally. Our global business platform and brand reputation provide an unparalleled launch pad for growing your career.

Responsibilities

Principals source and evaluate new opportunities and work closely with portfolio companies. They play pivotal roles in transactions including sourcing, due diligence, investment committee discussions, and negotiations.