Blackstone Private Wealth - Global Strategic Partnerships - Relationship Manager, Associate

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, X, and Instagram.

Private Wealth was established to answer the growing demand for Blackstone products from high-net worth investors. Partnering with many of the world’s largest private banks and wealth management firms as well as family offices, Blackstone’s Private Wealth team packages and delivers the full breadth of Blackstone’s alternative product capability to these firms and their clients and provides ongoing product and advisor support, as well as education and training around alternatives. 

Blackstone is seeking a motivated professional to join the Global Strategic Partnerships team. The individual will focus on supporting the growth of the Private Wealth business through the development and management of business relationships with key distribution partners across the wirehouse, private bank, broker dealer, RIA and retirement channels. The individual will work closely with colleagues across Private Wealth, investment business units, and other areas of the firm to deliver Blackstone’s capabilities to wealth management stakeholders.
 

Key responsibilities include, but are not limited to:

• Provide cross-channel support on key initiatives and manage core processes across the platform.
• Create and maintain team resources, including process documentation and initiative trackers.
• Create and maintain project plans and presentation materials for key initiatives.
• Monitor and distill the latest guidance and research issued by distribution partners to share with Private Wealth stakeholders.
• Prepare reporting updates for Private Wealth and firm stakeholders, including the Executive Office.
• Coordinate with global counterparts in EMEA, APAC, LatAm, and Canada to align processes and share information.
• Support relationship management efforts for individual wealth channel(s) (e.g., wirehouse, private bank, etc.)
• Facilitate research and due diligence requests and related meetings.
• Manage logistics and speaker preparation for sponsorships, roadshows, and speaking engagements, as well as post-event invoicing.
• Prepare fundraising pipeline materials and status updates for internal and external stakeholders.
• Partner with Private Wealth teams (Product, Investor Services, Marketing, Sales, etc.) on fund onboarding, fund launches, and amplification of products on wealth platforms.
• Engage directly with wealth management firm contacts to support diligence and key initiatives.
   

Qualifications:

Blackstone seeks to hire individuals who work well in a team-driven working group, are highly motivated, intelligent, and have sound judgment and demonstrated excellence in prior endeavors. 

The successful candidate must meet the following qualifications:

• 3+ years of financial services, wealth management, and alternatives experience.
• Highly motivated, intelligent, and entrepreneurial professional; transfers skills gained through prior finance experience and/or other life-experiences into the investment business in order to drive value for Blackstone.
• Thrives in a team-driven working group, exercises sound judgment and achieves excellence.
• Diligent in managing projects with a very strong attention to detail.
• High degree of organization and owns initiatives from concept to completion.
• Works well in fast-paced environment of recurring and opportunistic projects.
• Strong analytical and oral/written communication skills.
• Passion for client relationships, investment markets, and diving deep into the investment businesses at Blackstone including Real Estate, Private Equity, Credit, and Hedge Fund Solutions.
• Working knowledge of a variety of technical tools including Salesforce CRM, Excel, and project management technologies, or willingness to quickly learn such tools.

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:

$125,000 - $175,000

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 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.