2027 Blackstone Private Equity Associate (San Francisco)

Business Unit Overview With $169 billion of assets under management, Blackstone’s corporate private equity business has been a global leader since 1985. We uncover value by identifying great companies and enhancing their performance by providing strategic capital and outstanding management talent. We aim to grow stronger enterprises, create jobs, and enable our portfolio companies to build lasting value for our investors, their employees and all stakeholders. Associate Program Overview The Associate Program at Blackstone provides a unique opportunity to enhance a comprehensive set of skills that combines the financial acumen of investment banking with the strategic insight of management consulting. Associates engage in the full investment lifecycle, from sourcing and evaluating investments to executing transactions and supporting portfolio companies. With a relatively small team size, associates take on significant responsibilities within deal teams, playing integral roles in the development, structuring, and financing of transactions. They participate in internal meetings, negotiations, and due diligence sessions, gaining hands‑on experience and exposure to critical decision‑making processes. This immersive environment supports professional growth and provides associates with opportunities to improve essential skills in financial analysis, strategic thinking, and operational insight. Key Responsibilities Conduct thorough research to identify and evaluate potential investment opportunities in various sectors. Perform comprehensive financial analysis, including valuation and modeling, to assess investment prospects. Analyze industry trends and competitive dynamics to inform strategic decision‑making. Execute detailed business diligence to evaluate target companies, including their operations, financial health, and growth potential. Prepare comprehensive due diligence packs that incorporate relevant analytics, market research, and background information. Conduct interviews with industry experts and management teams to gather insights and validate investment assumptions. Assist in the execution and financing of transactions, ensuring effective coordination among stakeholders. Build detailed operating models for prospective investments to project financial outcomes and assess value creation strategies. Draft clear and concise investment memoranda for internal and external stakeholders. Prepare written summaries and presentation materials to effectively communicate findings and investment theses to the investment committee. Support portfolio companies by analyzing performance metrics, identifying opportunities for operational improvements, and developing and implementing value creation plans. Provide overall support to the investment team, contributing to various projects and initiatives as needed. Embrace an apprenticeship‑based model, actively learning from and sharing knowledge with team members to foster a collaborative environment. Qualifications Requires a BA or BSc degree. 2+ years of experience in investment banking or private equity. Strong understanding of accounting and finance. Proficient in financial modeling and analysis. Excellent written and verbal communication skills; effectively present complex information clearly. Effective interpersonal skills and works collaboratively in a team‑oriented environment. Manage multiple competing priorities and demonstrate effective time management skills. High level of motivation, attention to detail, and a strong desire to learn and grow. San Francisco Applicants Blackstone will consider for employment qualified applicants with arrest and conviction records, consistent with the San Francisco Fair Chance Ordinance. Compensation Expected annual base salary range: $140,000 - $140,000. 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. Base salary does not include other forms of compensation or benefits offered in connection with the advertised role. 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. This policy applies to all terms and conditions of employment, including but not limited to hiring, placement, promotion, termination, transfer, leave of absence, compensation, and training. All Blackstone employees, including but not limited to recruiting personnel and hiring managers, are required to abide by this policy. #J-18808-Ljbffr The Blackstone Group L.P.