Blackstone is one of the world’s leading investment firms. 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 asset management businesses, with over $360 billion in assets under management, include investment vehicles focused on private equity, real estate, public debt and equity, non-investment grade credit, real assets and secondary funds, all on a global basis. Blackstone also provides various financial advisory services, including financial and strategic advisory, restructuring and reorganization advisory and fund placement services. Further information is available at www.blackstone.com. Follow Blackstone on Twitter @Blackstone.

Specialties
Blackstone’s businesses include private equity, real estate, funds of hedge funds, credit-oriented funds, CLOs and closed-end mutual funds. Our advisory business includes financial, and restructuring & reorganization advisory and fund placement services.

The Blackstone Group New York City, NY, USA
25 Apr, 2018
Experienced Hires
BAAM – Valuations Finance, Financial Associate/AVP Employer: Blackstone Firm Overview: Blackstone is one of the world’s leading investment firms. 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 asset management businesses, with over $430 billion in assets under management, include investment vehicles focused on private equity, real estate, public debt and equity, 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 Twitter @Blackstone. Business Unit: BAAM Business Unit Description: Blackstone Alternative Asset Management (BAAM®), Blackstone’s Hedge Fund Solutions platform, is the world’s largest discretionary investor in hedge funds, with approximately $75 billion in assets under management. BAAM manages a diversified set of businesses including a customized solutions business, a special situations platform, a long-only solutions business, a hedge fund seeding business, an open-ended mutual fund platform and a business that purchases stakes in established hedge funds. In all of BAAM’s business lines, it carefully selects and partners with fund managers across a variety of asset classes and strategies to create solutions for its investors. Through its sharp focus on clients’ goals, a rigorous due-diligence process and access to Blackstone’s global insights, BAAM strives to generate attractive risk-adjusted returns across market cycles while preserving capital during stressed market environments. Job Title: Financial Associate/AVP Job Description: This position will be in a high visibility role maintaining and overseeing the valuation process for BAAM’s direct trading funds, registered products and minority interest private equity fund Responsibilities Include Overseeing the preparation, review and presentation of materials for the Valuation Committee and Fund Board of Trustees Coordinating and managing deliverables for multiple Valuation Committees Adhering to best practices in development of valuation methodologies and enhancing existing valuation reporting processes and procedures Overseeing the daily and monthly valuation process by working with the investment teams, fund accounting team, third party administrator, shadow books and records service provider and third party independent valuation specialists Closely liaising with the investment teams to develop, maintain and analyze private valuation materials including discounted cash flow (DCF, performance multiple (PM) and other valuation models) Compiling documentation to support valuation methodology and underlying model assumptions in addition to managing audit valuation testing and 3rd party valuation reviews Liaising with pricing vendors and brokers/dealers as necessary Performing price verification procedures between shadow accounting books and records service provider and independent administrator Participating in new fund launches and related onboarding to understand new financial instruments/products that will be held and determine appropriate valuation sources Staying up to date on current market developments and industry best practices Conducting research and analysis on complex security pricing issues and market events Assist in enhancing the group’s reporting processes, procedures and analytics Qualifications Bachelor’s Degree in Finance, Economics, Accounting or a quantitative discipline (preferred), or 4 to 8 years of experience in a financial role, and a strong GPA Valuation experience and strong modeling skills preferred Strong knowledge of private investment valuation methodologies Strong product knowledge of various financial instruments across fixed income, structured products and derivatives Ability to communicate effectively both orally and in writing Ability to adapt to new challenges in a dynamic and fast paced environment while handling multiple projects Keen attention to details Ability to prioritize deliverables and meet demanding deadlines Ability to display confidence when discussing valuations Ability to work well within a team oriented environment or individually Strong analytical skills Proficiency in excel and power point is required CPA and/or CFA preferred All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, disability, sexual orientation, national origin or any other category protected by law.
The Blackstone Group New York City, NY, United States
06 Apr, 2018
Experienced Hires
Blackstone Alternative Asset Management Finance –Management Reporting – Assistant Vice President Vice President Employer Blackstone Firm Overview Blackstone is one of the world’s leading investment firms. 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 asset management businesses, with over $385 billion in assets under management, include investment vehicles focused on private equity, real estate, public debt and equity, 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 Twitter @Blackstone. Business Unit BAAM Business Unit Description Blackstone Alternative Asset Management (BAAM®), Blackstone’s Hedge Fund Solutions platform, is the world’s largest discretionary investor in hedge funds, with approximately $74 billion in assets under management. BAAM manages a diversified set of businesses including a customized solutions business, a special situations platform, a long-only solutions business, a hedge fund seeding business, an open-ended mutual fund platform and a business that purchases stakes in established hedge funds. In all of BAAM’s business lines, it carefully selects and partners with fund managers across a variety of asset classes and strategies to create solutions for its investors. Through its sharp focus on clients’ goals, a rigorous due-diligence process and access to Blackstone’s global insights, BAAM strives to generate attractive risk-adjusted returns across market cycles while preserving capital during stressed market environments. Job Description The Management Reporting Team is dedicated to analyzing and presenting information that assists Senior Management in executing day-to-day operations and developing a long term strategy for BAAM. This includes daily, weekly, monthly, and quarterly reporting to both BAAM and Blackstone Senior Management as well as public company reporting requirements. The information that is analyzed and reported includes, among other things, revenues, AUM, investor inflows/outflows, loss carry forwards, and returns. This individual will play a significant role in operational transformation for the team, including outsourcing decisions, technology solutions and re-envisioning processes for the future.. Responsibilities Developing and delivering forecasting, budgeting, and financial analysis reports to drive optimization of business decision-making and planning Analyzing and presenting key financial data and relevant information to Senior Management to drive business performance and strategy Coordinating the collection and analysis of key metrics across multiple internal teams and external resources Implementing new processes/systems creating operational efficiencies and reporting enhancements Preparation and financial knowledge related to SEC reporting (10-Q and 10-K) Ongoing analysis and development of financial reporting for new products, industry trends and key quantifiers that assist Senior Management in determining profitability of products Conducting financial modeling and sensitivity analysis Performing in-depth reviews of the firm level expenses and identifying ways to improve operating efficiencies Supporting long- and short-term management strategy and plan Training, managing and mentoring junior team members Qualifications Candidates should have 8 to 12 years of industry experience. Candidates should exhibit strong technical, analytical and leadership skills as well as exceptional communication skills. Candidates should be energetic, self-motivated, team-oriented individuals with fresh ideas and innovative solutions who thrive on challenge in a fast-paced, dynamic environment. The comparatively small size of this group offers an opportunity to liaise with various teams across the BAAM platform. Strong leader with solid business judgment Strong technical and analytical skills Strong verbal and written communication skills Strong presentation skills Ability to manage tight timelines and prioritize diverse tasks Ability to motivate team members to produce quality materials within tight timeframes and simultaneously manage several projects Proven ability to perform under pressure and to adjust plans to meet changing needs and requirements Ability to partner across teams, summarize issues, develop recommendations, and make decisions Ability to be proactive and take initiative Self-motivated and a self-starter Energetic and enthusiastic Highly proficient in Excel and Power Point Hedge Fund experience preferred but not required MBA, C.P.A. or C.F.A. preferred but not required All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, disability, sexual orientation, national origin or any other category protected by law.
The Blackstone Group New York City, NY, United States
06 Apr, 2018
Experienced Hires
Business and Financial Evaluation Associate – BAAM Employer Blackstone Firm Overview Blackstone is one of the world’s leading investment firms. 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 asset management businesses, with over $385 billion in assets under management, include investment vehicles focused on private equity, real estate, public debt and equity, 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 Twitter @Blackstone. Business Unit BAAM Business Unit Overview Blackstone Alternative Asset Management (BAAM®), Blackstone’s Hedge Fund Solutions platform, is the world’s largest discretionary investor in hedge funds, with approximately $74 billion in assets under management. BAAM manages a diversified set of businesses including a customized solutions business, a special situations platform, a long-only solutions business, a hedge fund seeding business, an open-ended mutual fund platform and a business that purchases stakes in established hedge funds. In all of BAAM’s business lines, it carefully selects and partners with fund managers across a variety of asset classes and strategies to create solutions for its investors. Through its sharp focus on clients’ goals, a rigorous due-diligence process and access to Blackstone’s global insights, BAAM strives to generate attractive risk-adjusted returns across market cycles while preserving capital during stressed market environments. Job Title Associate – Business and Financial Evaluation (“BFE”) Job Description The Business and Financial Evaluation (“BFE”) Group in BAAM is responsible for performing analyses of the business structure and operations of hedge fund managers. The group performs over 150 operational due diligence meetings per year. In addition, the team assesses underlying hedge fund managers’ service providers. The team also works on special projects with management. Responsibilities Meet with senior level management at investee and prospective hedge funds for operational due diligence meetings spanning various investment strategies. These meetings discuss all areas of operations to assess the strength of the organization and its ability to mitigate operational risk Monitor a sub-set of hedge fund managers on a continual basis.Establish and carry out due diligence plans to maintain ongoing oversight.Report findings to Senior Management Document due diligence meetings conducted and present findings to both the Portfolio Management Team as well as Senior Management Monitor and research industry and regulatory developments.As needed, produce materials for internal and external distribution Analyze manager materials, investor communications, regulatory filings, and audited financial statements, among other materials Assist team members on special projects Perform due diligence on administrators and other service providers that support underlying BAAM hedge fund managers Meet with prime brokers and other industry participants Respond to client requests and inquiries.As needed, discuss industry and manager-specific topics directly with clients Attend industry seminars to understand new developments Develop and conduct training sessions on industry topics for other employees Mentor analysts and other junior team members Qualifications Candidates should have 5-8 years of experience Prior work experience should include having worked either at a public accounting firm, hedge fund administrator or prime broker Experience at a Traditional or an Alternative Asset Management entity in compliance, financial and/or operational role Knowledge of hedge fund structures, terms, operations, accounting, trade flow and compliance Candidates should possess strong verbal and written communication skills and presentation skills Exceptional leadership capabilities Team oriented Candidate should be willing to travel, both domestically and internationally.Approximately 20% of the due diligence meetings will take place outside of New York City Hedge fund experience and post-graduate certifications such as an MBA, C.P.A. or C.F.A. are preferred; however, they are not required for the position All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, disability, sexual orientation, national origin or any other category protected by law.