Blackstone Infrastructure Partners - Principal (Investment) - New York

Blackstone • New York, NY

8d • $225,000 - $250,000

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. 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.

Requirements

• 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.
• 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

Responsibilities

• 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

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
• Certain employees may also be eligible for equity and other incentive compensation at Blackstone’s sole discretion.

What This Job Offers

• Job Type: Full-time
• Career Level: Principal
• Education Level: No Education Listed
• Number of Employees: 251-500 employees