BXMA - Total Portfolio Management: Private Investments, Vice President

Business Unit Overview Blackstone Multi‑Asset Investing (BXMA) manages $101 billion across a diversified set of businesses. It strives to generate attractive risk‑adjusted returns for clients across market cycles. Its strategies include Absolute Return, Multi‑Strategy, Total Portfolio Management, and Public Real Assets. Job Description The Vice President will be a core investment professional within BXMA’s Total Portfolio Management (TPM) platform, responsible for diligence and execution across fund investments, co‑investments, and select direct investments. The role requires strong independent judgment, full ownership of diligence workstreams, and consistent delivery of investment‑committee‑ready analysis in line with Blackstone standards. The Vice President will work closely with senior investment professionals and is expected to operate with high accountability, intellectual rigor, and attention to detail, while managing multiple parallel processes in a dynamic, institutional environment. Key Responsibilities Fund Diligence & Evaluation Lead end‑to‑end diligence on private equity, venture capital and growth equity fund opportunities Conduct detailed analysis of: GP organization, investment team, incentives, and governance Track record attribution at both fund and deal level Portfolio construction, underwriting discipline, and risk management Fund terms, economics, alignment, and structural considerations Develop clear investment perspectives and recommendations grounded in data and qualitative diligence Comprehensive and detailed market mapping of sponsors and deals for competitive analysis and opportunity identification Reference & Background Work – take responsibility for due diligence on limited partners, portfolio company executives and founders, former partners, employees, and industry contacts; synthesize insights into decision‑oriented conclusions for senior investment professionals and ICs Co‑Investments & Direct Investments – evaluate opportunities alongside external managers; perform company‑level diligence (business model, competitive positioning, growth drivers, unit economics, scalability, downside risks, exit scenarios, return sensitivities); support transaction execution, internal approvals, and post‑investment monitoring Investment Committee Materials & Process – own preparation of investment committee memoranda, exhibits, and supporting analyses; ensure materials meet Blackstone standards for clarity, rigor, concision; present analyses and recommendations to senior investment professionals and ICs Portfolio Monitoring – monitor existing fund and direct investments; review quarterly reports, valuations, capital activity, and GP communications; identify emerging risks, performance issues, and follow‑on considerations; contribute to portfolio reviews and strategic discussions across BXMA Qualifications 6+ years of relevant experience, including: Allocator experience at family office, endowment, foundation, pension, or fund‑of‑funds Buy‑side investing (VC, growth equity, private equity, or fund‑of‑funds) Investment banking or consulting experience Demonstrated experience leading investment diligence and IC processes Strong understanding of private equity, venture and growth equity fund structures, economics, and return drivers Experience with co‑investments and/or direct investing preferred MBA and/or CFA a plus, but not required Exceptional analytical and problem‑solving skills Strong written and verbal communication; experience distilling complex analysis for senior audiences Experience managing multiple workstreams under tight timelines, in a dynamic environment Relationship‑oriented mindset; network building over time expected Owns IC materials end‑to‑end; leads project and deal execution across funds and co‑investments with limited oversight Trusted to represent BXMA with external managers and counterparties Expected annual base salary range $185,000 - $200,000 Benefits Comprehensive health benefits (medical, dental, vision, FSA) Paid time off Life insurance 401(k) plan Discretionary bonuses Potential equity and other incentive compensation at Blackstone’s discretion Equal Employment Opportunity 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. Securities License Requirements Attending client meetings where Blackstone products are discussed Marketing Blackstone funds to new or existing clients Supervising or training securities‑licensed employees Structuring or creating Blackstone funds/products Advising on marketing plans prepared by a sales team or contributing information for marketing materials Reasonable Accommodation If you need a reasonable accommodation to complete your application, please contact Human Resources at View phone number on click.appcast.io (US), +44 (0)20 7451 4000 (EMEA) or +852 3656 8600 (APAC). #J-18808-Ljbffr Blackstone