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Real Estate - ICS, Principal (Product Specialist)

Blackstone

Blackstone

Product
New York, NY, USA
Posted on Dec 6, 2024

Blackstone is the world’s largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $1.1 trillion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, Twitter, and Instagram.

Blackstone Real Estate Overview:

Blackstone is a global leader in real estate investing. Blackstone’s real estate business was founded in 1991 and has US $325 billion of investor capital under management. Blackstone is the largest owner of commercial real estate globally, owning and operating assets across every major geography and sector, including logistics, data centers, residential, office and hospitality. Our opportunistic funds seek to acquire undermanaged, well-located assets across the world. Blackstone’s Core+ business invests in substantially stabilized real estate assets globally, through both institutional strategies and strategies tailored for income-focused individual investors including Blackstone Real Estate Income Trust, Inc. (BREIT). Blackstone Real Estate also operates one of the leading global real estate debt businesses, providing comprehensive financing solutions across the capital structure and risk spectrum, including management of Blackstone Mortgage Trust (NYSE: BXMT).


Job Title: Real Estate – ICS, Principal

Job Description & Responsibilities:

The Principal will join Blackstone Real Estate’s ICS Product Specialist team in New York. This team is responsible for the creation and maintenance of all marketing materials and investor communications for Blackstone’s Real Estate funds. The Principal will focus on Blackstone Real Estate’s global funds and will lead multiple projects at one time employing a range of skillsets. The Principal will spend significant time with members of the firm’s real estate group across the US, Europe and Asia, including the acquisitions, asset management, legal/compliance, and finance teams. The main areas of responsibility for the role include:

  • Marketing materials and investor communications: work collaboratively with business leaders and various teams within Blackstone Real Estate to create and maintain presentation materials, investor reporting, and other investor communications (e.g., webinars, video content, other investor memoranda)
  • Investor due diligence: respond to investor queries and complete due diligence questionnaires
  • New product launches: lead business development initiatives and strategic planning for new fund launches (including co-investments), production of presentation materials, private placement memoranda, and handling investor due diligence
  • Support fundraising team and senior leadership: lead the production of talking points, ad hoc presentations, and strategic projects
  • Product knowledge: become an expert on Blackstone Real Estate’s funds and investments
  • Team player: contribute to collegial team work environment

Qualifications:

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

  • 8+ years of professional experience
  • Prior work experience in investment banking, investor relations and/or real estate private equity is preferred
  • Highly motivated (a self-starter) with demonstrated excellence in prior endeavors
  • Ability to multi-task and execute a wide range of assignments
  • Ability to produce creative, compelling, detailed materials and information for existing and prospective investors; strong proficiency in PowerPoint, Word and Excel
  • Demonstrated ability to write effectively
  • Excellent attention to detail
  • Strong communication skills
  • Leadership and strong project management capabilities
  • Candidate should be able to quickly pivot between a variety of projects and be a team-oriented individual who thrives in a dynamic environment
  • Strong work ethic, an entrepreneurial spirit, and a desire to learn
  • Operate with the highest degree of professional integrity, motivation, and intellectual curiosity


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:

$225,000 - $250,000

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, please disregard the posted salary bands as these roles will follow a separate compensation process based on local market comparables.

Additional compensation: Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.

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 email Human Resources at HR-Recruiting-Americas@Blackstone.com.

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.