Legal & Compliance - Real Estate, VP

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 Follow @blackstone on LinkedIn, X, and Instagram. Business Unit Real Estate / Legal & Compliance Business Unit Overview Blackstone is a global leader in real estate investing. Blackstone’s real estate business was founded in 1991 and has US $315 billion of investor capital under management. Blackstone is the largest owner of commercial real estate globally, owning and operating assets across every major geography and sector, including logistics, data centers, residential, office and hospitality. Our opportunistic funds seek to acquire undermanaged, well‑located assets across the world. Blackstone’s Core+ business invests in substantially stabilized real estate assets globally, through both institutional strategies and strategies tailored for income‑focused individual investors including Blackstone Real Estate Income Trust, Inc. (BREIT). Blackstone Real Estate also operates one of the leading global real estate debt businesses, providing comprehensive financing solutions across the capital structure and risk spectrum, including management of Blackstone Mortgage Trust (NYSE: BXMT). Job Description Blackstone is seeking a Vice President for the Real Estate Legal and Compliance team in New York. The candidate will support the Real Estate funds, serving as an important nexus between the Blackstone fund formation attorneys, the Blackstone Real Estate transaction attorneys and the Blackstone Real Estate Legal and Compliance team. The candidate will also work cross‑functionally across the Real Estate business and will collaborate with the Real Estate Acquisitions, Asset Management, Institutional Client Solutions Group, Tax and Finance teams. Responsibilities Draft and review private placement memoranda, working with institutional client group and portfolio management on business content and managing outside fund counsel in production Review and provide input on compliance and operations‑related investor side letter provisions in connection with fundraisers Liaise with US and Luxembourg AML teams on AML reviews of prospective and existing investors Prepare, implement, and maintain fund‑specific policies and procedures (i.e., excuse rights, transfer, redemption, NAV, valuation policies and procedures) Oversee compliance function in connection with acquisitions and dispositions, including appropriate documentation of allocation of investment and co‑investment opportunities, identification and communication of potential investor excuse rights, and adherence to fund investment limitations Provide day‑to‑day support to fund accounting, tax, and portfolio management teams in interpreting and applying limited partnership agreement and side letter contractual obligations Assist institutional client group and portfolio management in facilitating investor fund transfer and conversion requests Conduct quarterly review and confirmation of compliance with limited partnership agreement and investor side letter obligations Coordinate annual compliance meetings for each of the currently investing funds, to review limited partnership agreement and investor side letter obligations and certain key topics with outside fund counsel, Blackstone fund formation attorneys, Institutional Client Solutions Group, Tax and Finance teams Support Real Estate Legal and Compliance team in preparing Form D, Form PF, AIFMD and Form ADV and other regulatory filings and ensure timely submission Oversee and manage junior Real Estate Legal and Compliance team members in execution of above responsibilities Qualifications JD preferred Minimum of six years of relevant experience Strong team player with a desire to contribute to a collaborative work environment Exceptional experience to independently manage disparate workstreams Strong work ethic, sound judgement, initiative, creativity, and drive Compensation Expected annual base salary range: $165,000 - $250,000. 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. Benefits Additional compensation and benefits offered in connection with the role consist of comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits; paid time off; life insurance; 401(k) plan; and discretionary bonuses. Certain employees may also be eligible for equity and other incentive compensation at Blackstone’s sole discretion. Security Licenses Attending client meetings where you are discussing Blackstone products and/or 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. EEO Statement 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. 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