Real Estate - ICS (Coverage), Principal

About the role

Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s over $1.3 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram. The professional will support the capital raising efforts in North America with institutional investors on behalf of the real estate platform. The professional will work closely with senior leaders of Blackstone real estate and the broader fundraising team to raise new capital, manage LP relationships, and support strategic initiatives. This professional will be expected to serve as the subject matter expert across various investments and delivering substantive information and updates to prospective and existing investors, collaborating with the broader Blackstone Real Estate team.

Responsibilities

• Identify and procure new LP relationships.
• Expand existing LP relationships by articulating Blackstone’s products, fund strategies, and deals in depth.
• Demonstrate fluency with, and confidence discussing, Blackstone Real Estate products with internal and external market participants.
• Represent the firm as a visible spokesperson relating to all external communications and client coverage, building trust and credibility with stakeholders across all levels within Blackstone (product, investment team, etc).
• Act as a PM surrogate to LPs and consultants by driving a solutions-oriented process and positioning the information in a thoughtful and appropriate manner, based on investor needs and interests.
• Support capital raising efforts, raise new capital, manage LP relationships, and support strategic initiatives.

Qualifications

• Experience supporting the capital raising process and working well with internal investment and client service teams including legal, finance, accounting, and operations to close commitments and onboard investors.
• Highly motivated with sound judgment and a demonstrated track record of excellence.
• Strong analytical and time management skills; strong attention to detail.
• 6+ years of experience in a capital raising role.
• Commercial mindset and results‑oriented; highly motivated, enthusiastic, driven, and closes.
• Effective multi‑tasker; successfully raises capital for multiple Real Estate products concurrently.
• Creative & solutions‑oriented; identifies, explores and devises solutions.
• Strong interpersonal skills and confidence; develops trust and fosters strong internal relationships within Blackstone and externally with investors and the broader market.
• Entrepreneurial, resourceful, self‑starter, while also team‑oriented and collaborative.