Jobs · Business Development · New Jersey

Private Equity Valuations & Analytics, AVP

Blackstone · Berkeley Heights, NJ · 2 wk ago
Business Development$135k–$200k/yrFull-time

Blackstone is the world’s largest alternative asset manager, delivering compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. With over $1.3 trillion in assets under management, Blackstone’s global investment strategies span real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries, and hedge funds.

About the role

The Portfolio Management - Valuations and Analytics team is seeking an AVP to support the Private Equity group. The team prepares, evaluates, analyzes, and summarizes portfolio investment valuation results, while also handling ad hoc and recurring analyses related to portfolio monitoring and reporting.

Responsibilities

  • Assist in day-to-day management of the team, including deliverable tracking, model development, valuation model reviews, presentation to senior leaders, and completion of ad-hoc deliverables.
  • Lead the completion of valuation models in line with Blackstone’s valuation policy and external guidance.
  • Drive the onboarding process for new portfolio investments and ensure proper data collection procedures are in place.
  • Manage the annual audit and interim reviews with third-party valuation firms.
  • Lead enhancements and improvements to the group’s valuations and reporting processes, procedures, offshore resources, and use of technology.
  • Manage the creation and development of presentation materials to effectively communicate results within the Private Equity group and wider Blackstone.
  • Lead presentation of valuation results to internal committees, external auditors, and limited partners.
  • Assist in the ongoing training and development of analysts and associates.
  • Work closely with Private Equity Management Reporting to provide inputs and portfolio investment information for planning deliverables.
  • Maintain relationships with core constituencies, including deal professionals, Fund COO/CAO, Institutional Client Services, Operating Team, Accounting, Operations, and Finance teams.

This role involves mentorship with a trajectory toward greater managerial responsibilities based on performance.

Qualifications

  • Bachelor’s Degree in Finance, Economics, Accounting, or a similar discipline (CFA and/or CPA a plus).
  • 6+ years of experience in valuations, transaction services, a private equity fund, consulting, or other relevant analytical roles.
  • Experience working in a dynamic environment requiring execution of recurring deliverables as well as projects supporting a rapidly growing business.
  • Thorough understanding of ASC 820 and corresponding valuation guidance. Familiarity with a wide range of valuation approaches (e.g., Income, Market, Yield Analysis, OPM, Contingent Claims, PWERM).
  • Strong interpersonal skills, high EQ, and experience managing relationships with internal and external stakeholders.
  • A self-motivated individual with a strong work ethic and attention to detail.
  • Excellent oral and written communication skills, with confidence presenting to large groups of senior leaders (e.g., Firmwide Valuation Committee, Board of Directors).
  • Proficiency in MS Excel and MS PowerPoint is required.
  • Experience managing a team is a plus.

Pay

Expected annual base salary range: $135,000 - $200,000. 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, salary bands may differ based on local market comparables.

Benefits

  • Comprehensive health benefits, including medical, dental, vision, and FSA benefits.
  • Paid time off.
  • Life insurance.
  • 401(k) plan.
  • Discretionary bonuses.
  • Certain employees may also be eligible for equity and other incentive compensation at Blackstone’s sole discretion.

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