Private Wealth, Global Strategic Partnerships, Associate at Blackstone

London, England, United Kingdom

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Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, Asset Management, Private Equity, Alternative InvestmentsIndustries

Requirements

3-5 years of professional experience
Prior work experience in private equity or alternatives, asset management, investor relations and/or investment banking is preferred
Strong interpersonal skills with proven ability to build and maintain a positive and cooperative relationship with key internal and external stakeholders
Strong analytical, financial and problem-solving skills
Superior organizational and time management skills
Meticulous attention to detail and accuracy on work deliverables
Desire to work in a team environment, across multiple geographies but also able to work independently with minimal supervision
Demonstrated ability to write effectively and strong communication, presentation and client service skills
Energetic, self-motivated, and team-oriented

Responsibilities

Proactively support the team in building and maintaining home office relationships at private banks and wealth management platforms across EMEA
Assist in day-to-day management of ~20-30 accounts; coordinate follow-ups from meetings and directly respond to any investor requests during the pipeline planning stage, due diligence process and ad-hoc questions
Lead the end-to-end diligence process both internally and externally
Develop and maintain the prospective investor lists in relation to specific products. Work with members of the wider team to keep content current
Participate in various fund-related initiatives and sales strategy planning
Collaborate with all functional areas within Blackstone Private Wealth including Investor Services, Marketing and Product Development and coordination to complete projects and support product initiatives
Interface with BX institutional fundraising groups on new fund launches and learn about existing product suite
Assist the team with ad-hoc research projects on new markets and prospect accounts

Skills

Key technologies and capabilities for this role

Client RelationsCapital RaisingPrivate WealthStrategic PartnershipsAlternative InvestmentsPrivate BankingWealth ManagementEMEA Markets

Questions & Answers

Common questions about this position

Is this position remote or based in a specific location?

The position is based in London.

What are the main responsibilities of this role?

Responsibilities include supporting home office relationships at private banks and wealth management platforms across EMEA, managing 20-30 accounts, leading diligence processes, maintaining investor lists, participating in fund initiatives, and collaborating with internal teams.

What is the salary or compensation for this role?

This information is not specified in the job description.

What kind of experience is needed for this associate position?

Experience in client relations, capital raising, relationship management with private banks and wealth platforms, diligence processes, and collaboration across teams in private wealth is implied for success in this role.

What is Blackstone's focus in Private Wealth?

Blackstone Private Wealth partners with private banks and wealth management firms to deliver alternative investment products to high-net-worth investors, providing product support, education, and training.

Blackstone

Global alternative asset management firm

About Blackstone

Blackstone is a leader in alternative asset management, focusing on private equity, real estate, and credit investments. The firm manages over $1.1 trillion in assets and partners with financial advisors to provide access to private markets, aiming to create strong businesses that deliver lasting value. Its main products, BREIT and BCRED, cater to income-focused investors, while the On-Demand Continuing Education Program helps educate investors on private market topics. Blackstone's goal is to identify economic trends and invest in industry-leading businesses to generate strong returns.

New York City, New YorkHeadquarters

1985Year Founded

$18,081.8MTotal Funding

UNKNOWNCompany Stage

Financial Services, Real Estate, EducationIndustries

5,001-10,000Employees

Risks

Increased competition in AI may lead to overvaluation and market saturation.

Potential regulatory scrutiny due to significant investments in diverse sectors.

Economic instability in Europe could impact returns from European investments.

Differentiation

Blackstone is a global leader in alternative asset management with $1.1 trillion AUM.

The firm specializes in private equity, real estate, and credit investments.

Blackstone partners with financial advisors to provide access to private markets.

Upsides

Blackstone's $300M investment in DDN shows a strategic pivot towards AI-driven growth sectors.

The €250M investment in Sia Partners expands Blackstone's footprint in AI consulting services.

Partnership with Jersey Mike’s indicates investment in established consumer brands with growth potential.

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