Blackstone Multi-Asset Investing (BXMA) – Portfolio Strategy Group, Principal

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. 

Business Unit Overview:

Blackstone Multi-Asset Investing (BXMA) manages $109 billion across a diversified set of businesses. We strive to generate attractive risk-adjusted returns for our clients across market cycles. Our strategies include Absolute Return, Multi-Strategy, Total Portfolio Management, and Public Real Assets.

Job Description:

The Portfolio Specialist will sit within the Portfolio Strategy Group (PSG) and serve as the primary point of contact for a group of clients with customized absolute return portfolios.

PSG is an integral part of the Absolute Return investment team and works closely with all BXMA’s strategy-focused hedge fund research teams and the Portfolio Management team.

The role primarily will focus on conducting recurring client meetings to discuss portfolio performance and attribution, opportunity set, and client objectives.  The Portfolio Specialist will liaise with BXMA’s Institutional Client Solutions team, and a variety of other teams within BXMA, to ensure that:

• Portfolios are positioned to accomplish the long-term objectives of our clients.

• Performance outcomes are well understood by our clients in the context of broader market and industry developments.

• Clients view BXMA as a long-term partner that can help enhance their organizations beyond simply managing their capital.        

Qualifications:

Blackstone seeks to hire individuals who are highly motivated, intelligent, have sound judgment, and have demonstrated excellence in prior endeavors.  In addition to strong analytical and time management skills, the successful candidate must meet the following qualifications:

• 9+ years of hedge fund industry experience, preferably as an allocator or direct investor

• Excellent interpersonal and communication skills, both written and verbal

• Advanced Excel skills and effectively works with large amounts of performance and risk data

• A desire to work in a dynamic environment

• Manages ad hoc projects independently and to completion

• A passion for global financial markets and hedge funds, and an understanding of different strategies that hedge funds employ

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:

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 and benefits offered in connection with the role consist of comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits; paid time off; life insurance; 401(k) plan; and discretionary bonuses. Certain employees may also be eligible for equity and other incentive compensation at Blackstone’s sole discretion.

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

If you need a reasonable accommodation to complete your application, please contact Human Resources at 212-583-5000 (US), +44 (0)20 7451 4000 (EMEA) or +852 3656 8600 (APAC).

Depending on the position, you may be required to obtain certain securities licenses if you are in a client facing role and/or if you are engaged in the following:

• Attending client meetings where you are discussing Blackstone products and/or and client questions;

• Marketing Blackstone funds to new or existing clients;

• Supervising or training securities licensed employees;

• Structuring or creating Blackstone funds/products; and

• Advising on marketing plans prepared by a sales team or developing and/or contributing information for marketing materials.

Note: The above list is not the exhaustive list of activities requiring securities licenses and there may be roles that require review on a case-by-case basis.  Please speak with your Blackstone Recruiting contact with any questions.

To submit your application please complete the form below. Fields marked with a red asterisk * must be completed to be considered for employment (although some can be answered "prefer not to say"). Failure to provide this information may compromise the follow-up of your application. When you have finished click Submit at the bottom of this form.