Blackstone Strategic Partners – Vice President, Private Equity Venture Capital presso Blackstone

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.

Business Group: Blackstone Strategic Partners
 

Business Group Overview:

Blackstone Strategic Partners is a global capital solutions provider, with $91B 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.

Job Title: Blackstone Strategic Partners – Vice President, Private Equity Venture Capital

Job Responsibilities:

• Perform diligence and evaluate a diverse range of transactions, including LP portfolio secondaries, GP-led single and multi-asset transactions, co-investments, primary commitments and other unique deals.
• Conduct thorough assessments across various alternative investment asset classes, geographies and industries to inform investment decisions.
• Develop detailed financial models of underlying companies, funds, and portfolios.
• Ensure robust analysis that informs investment decisions, including scenario analysis and sensitivity testing.
• Collaborate with internal stakeholders and external intermediaries to manage the diligence process effectively.
• Conduct company level investment analysis including valuation, market and competitive positioning, financial performance, risk factors and exit optionality, among others.
• Prepare detailed investment memoranda and presentations for the investment committee, summarizing key findings, risks and recommendations for each transaction.
• Actively participate in investment committee meetings, presenting analyses and addressing questions from committee members to facilitate informed decision-making.
• Assist in negotiating terms and conditions of secondary transactions, ensuring alignment with Blackstone’s investment objectives and risk profile.
• Collaborate closely with legal and compliance teams to review transaction documents, ensuring that all agreements align with regulatory requirements and Blackstone’s internal policies.
• Oversee the transaction closing process, coordinating with various stakeholders to ensure timely execution and addressing any issues that arise during the closing phase.
• Build and maintain a robust network of relationships with intermediaries, fund managers and industry contacts to source secondary investment opportunities.
• Represent Blackstone at industry conferences and events to enhance visibility and gather market intelligence.
• Develop a systematic approach of pipeline management to track and evaluate potential deals.
• Regularly monitor the performance of existing secondary investments, analyzing financial reports and market developments to assess ongoing viability and strategic fit.
• Monitor fundamental economic, industrial and corporate developments by analyzing information from financial publications and services, investment banking firms, government agencies, trade publications, company sources and personal interviews.
• Prepare and deliver reports and strategic presentations for internal stakeholders, summarizing key insights, emerging trends and actionable recommendations.
• Assist with recruiting initiatives and help develop and improve processes and infrastructure to enhance team effectiveness.
• Provide mentorship through formal and informal avenues, actively guiding junior team members in their professional development.
• Assist in fundraising activities by preparing materials, conducting market research and engaging with potential investors to communicate the value proposition of Blackstone’s secondary private equity strategies.
• Collaborate with the investor relations team to provide insights and updates on portfolio performance and market trends, helping to strengthen relationships with existing and prospective investors.
• Perform other duties as needed.

Qualifications:

Education:

• Bachelor’s degree (or foreign equivalent) in Finance, Economics, or a related field required.

Experience:

• Minimum 5 years of experience in job offered or related occupations required.
• Minimum 5 years of experience underwriting, conducting due diligence and closing secondary transactions.
• Minimum 5 years of experience using Microsoft Excel to build detailed financial models.
• Minimum 5 years of experience using Microsoft PowerPoint to develop internal and external presentation materials and reports.
• Minimum 5 years of experience using databases and tools such as Capital IQ, Preqin and other market intelligence platforms for comprehensive market research and data gathering.   
• Experience can be concurrent.

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: Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.

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 email Human Resources at [email protected].

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.