Blackstone Private Wealth - Global Strategic Partnerships - Relationship Manager, Associate

Blackstone • New York, NY

49d • $125,000 - $175,000

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. Private Wealth was established to answer the growing demand for Blackstone products from high-net worth investors. Partnering with many of the world’s largest private banks and wealth management firms as well as family offices, Blackstone’s Private Wealth team packages and delivers the full breadth of Blackstone’s alternative product capability to these firms and their clients and provides ongoing product and advisor support, as well as education and training around alternatives. Blackstone is seeking a motivated professional to join the Global Strategic Partnerships team. The individual will focus on supporting the growth of the Private Wealth business through the development and management of business relationships with key distribution partners across the wirehouse, private bank, broker dealer, RIA and retirement channels. The individual will work closely with colleagues across Private Wealth, investment business units, and other areas of the firm to deliver Blackstone’s capabilities to wealth management stakeholders.

Requirements

• 3+ years of financial services, wealth management, and alternatives experience.
• Highly motivated, intelligent, and entrepreneurial professional; transfers skills gained through prior finance experience and/or other life-experiences into the investment business in order to drive value for Blackstone.
• Thrives in a team-driven working group, exercises sound judgment and achieves excellence.
• Diligent in managing projects with a very strong attention to detail.
• High degree of organization and owns initiatives from concept to completion.
• Works well in fast-paced environment of recurring and opportunistic projects.
• Strong analytical and oral/written communication skills.
• Passion for client relationships, investment markets, and diving deep into the investment businesses at Blackstone including Real Estate, Private Equity, Credit, and Hedge Fund Solutions.
• Working knowledge of a variety of technical tools including Salesforce CRM, Excel, and project management technologies, or willingness to quickly learn such tools.

Responsibilities

• Provide cross-channel support on key initiatives and manage core processes across the platform.
• Create and maintain team resources, including process documentation and initiative trackers.
• Create and maintain project plans and presentation materials for key initiatives.
• Monitor and distill the latest guidance and research issued by distribution partners to share with Private Wealth stakeholders.
• Prepare reporting updates for Private Wealth and firm stakeholders, including the Executive Office.
• Coordinate with global counterparts in EMEA, APAC, LatAm, and Canada to align processes and share information.
• Support relationship management efforts for individual wealth channel(s) (e.g., wirehouse, private bank, etc.)
• Facilitate research and due diligence requests and related meetings.
• Manage logistics and speaker preparation for sponsorships, roadshows, and speaking engagements, as well as post-event invoicing.
• Prepare fundraising pipeline materials and status updates for internal and external stakeholders.
• Partner with Private Wealth teams (Product, Investor Services, Marketing, Sales, etc.) on fund onboarding, fund launches, and amplification of products on wealth platforms.
• Engage directly with wealth management firm contacts to support diligence and key initiatives.

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
• Education Level: No Education Listed
• Number of Employees: 251-500 employees