2027 Blackstone Private Equity Infrastructure Partners Associate

Blackstone Infrastructure - 2027 Investment Associate, New York

Blackstone Infrastructure 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.

Associate Program Overview:

The Associate Program at Blackstone provides a unique opportunity to enhance a comprehensive set of skills that combines the financial expertise 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 opportunities to improve essential skills in financial analysis, strategic thinking, and operational insight.

Key Responsibilities:

1. Investment Research and Analysis

• 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.

2. Due Diligence and Business Evaluation

• 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.

3. Transaction Support and Execution

• 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.

5. Portfolio Management and Support

• Support portfolio companies by analyzing performance metrics and identifying opportunities for operational improvements.
• Collaborate with senior team members to develop and implement value creation plans for portfolio investments.

6. Team Collaboration and Development

• 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:

Blackstone seeks to hire individuals who are highly motivated, intelligent and have demonstrated excellence in prior endeavors. The successful candidate should have:

• At least 2 years of relevant work experience in investment banking or private equity
• Experience in analyzing financial statements and conducting due diligence
• Exceptionally strong financial modeling skills
• Strong organizational and process management skills
• Effective communication skills, a demonstrated ability to write effectively
• A desire to work in a team environment, while thinking and working independently

The duties and responsibilities described here are not exhaustive and additional assignments, duties, or responsibilities may be required of this position. Assignments, duties, and responsibilities may be changed at any time, with or without notice, by Blackstone in its sole discretion.

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. 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. Additional compensation: Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.

Blackstone is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, creed, religion, sex, 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.