Private Equity Valuations & Analytics, Associate

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

Job Title:

Private Equity Valuations & Analytics, Associate

Blackstone’s Portfolio Management - Valuations and Analytics team is looking for an Associate to support the Private Equity group. The core focus of the team is to prepare, evaluate, analyze, and summarize portfolio investment valuation results. In addition to valuations, the team is called upon to handle a variety of ad hoc and recurring analyses related to portfolio monitoring and reporting.

• Prepare valuation models reviews, presentations for leaders, and ad-hoc deliverables
• Update valuation templates each quarter, including discounted cash flow (DCF), performance multiple (PM), and other valuation models
• Apply valuation methodologies in line with Blackstone’s valuation policy as well as requisite external guidance
• Drive the onboarding process for new portfolio investments and ensure proper data collection procedures are in place
• Respond to auditor inquiries and coordinate valuation reviews with third party valuation firms
• Drive enhancements and improvements to the group’s valuations and reporting processes, procedures, offshore resources, and use of technology
• Manage the creation and development of presentation materials to effectively communicate results within the Private Equity group and wider Blackstone
• Assist in the presentation of valuation results to various internal committees, external auditors, and limited partners
• Work closely with Private Equity Management Reporting to provide inputs as well as other portfolio investment information to aid in the completion of planning deliverables
• Maintain relationships with deal professionals, Institutional Client Services, Portfolio Operations, Accounting, Operations, and Finance teams

• Bachelor’s Degree in Finance, Economics, Accounting, or similar discipline (CFA and/or CPA a plus) 3+ years of experience in valuations, transaction services, a private equity fund, consulting, or other relevant analytical roles
• Experience working in a dynamic environment that requires execution of recurring deliverables as well as projects and initiatives in support of a growing business
• Thorough understanding of ASC 820 and corresponding valuation guidance.
• Familiarity with a wide range of valuation approaches (e.g. Income, Market, Yield Analysis, OPM, Contingent Claims, PWERM, etc.)
• Strong interpersonal skills, high EQ, confidently and competently handles interactions with deal professionals, Asset Management, and portfolio company representatives
• A highly motivated individual with strong work ethic and attention to detail
• Excellent verbal and written communication skills
• Proficiency in MS Excel and MS PowerPoint is required
• 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: $110,000 - $150,000 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.
• 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.

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