Private Equity Strategies - Valuations & Analytics, Associate

Blackstone • Miami, FL

2d

About The Position

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. Job Description: Blackstone’s Portfolio Management - Valuations and Analytics team is looking for an Associate to support Blackstone Private Equity Strategies. The core focus of the group is to prepare, evaluate, analyze, and summarize portfolio investment valuation results. In addition to valuations, the team is called upon to handle a variety of ad hoc and recurring analyses related to portfolio monitoring and reporting.

Requirements

• Bachelor’s Degree in Finance, Economics, Accounting, or similar discipline
• 3+ years of experience in valuations, transaction services, a private equity fund, consulting, or other relevant analytical roles
• Experience working in a dynamic environment that requires execution of recurring deliverables as well as projects and initiatives in support of a growing business
• Thorough understanding of ASC 820 and corresponding valuation guidance. Familiarity with a wide range of valuation approaches (e.g. Income, Market, Yield Analysis, OPM, Contingent Claims, PWERM, etc.)
• Strong interpersonal skills, high EQ, confidently and competently handles interactions with deal professionals, Asset Management, and portfolio company representatives
• A highly motivated individual with strong work ethic and attention to detail
• Excellent verbal and written communication skills
• Proficiency in MS Excel and MS PowerPoint is required

Nice To Haves

• CFA and/or CPA a plus

Responsibilities

• Prepare valuation models reviews, presentations for leaders, and ad-hoc deliverables
• Update valuation templates each quarter, including discounted cash flow (DCF), performance multiple (PM), and other valuation models
• Apply valuation methodologies in line with Blackstone’s valuation policy as well as requisite external guidance
• Drive the onboarding process for new portfolio investments and ensure proper data collection procedures are in place
• Respond to auditor inquiries and coordinate valuation reviews with third party valuation firms
• Drive enhancements and improvements to the group’s valuations and reporting processes, procedures, offshore resources, and use of technology
• Manage the creation and development of presentation materials to effectively communicate results within the Private Equity Strategies group and wider Blackstone
• Assist in the presentation of valuation results to various internal committees, external auditors, and limited partners
• Work closely with Private Equity Management Reporting to provide inputs as well as other portfolio investment information to aid in the completion of planning deliverables
• Maintain productive relationships with deal professionals, Institutional Client Services, Portfolio Operations, Accounting, Operations, and Finance teams

Benefits

• comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits
• paid time off
• life insurance
• 401(k) plan
• discretionary bonuses

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 251-500 employees