2027 Blackstone Private Equity Associate (New York)

About the role

Blackstone is seeking an Associate to join its Corporate Private Equity team in New York. The Associate Program provides a unique opportunity to enhance a comprehensive set of skills that combine the financial acumen of investment banking with the strategic insight of management consulting.

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.
• Absorb and contribute to 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.

Pay

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.