Portfolio Management - Valuations & Analytics, AVP

Responsibilities

• Prepare, evaluate, analyze, and summarize portfolio investment valuation results for BSP secondary funds and BXCI’s insurance deals.
• Review partners’ capital (“PCAP”) statements, aggregate results, analyze trends, and present performance of secondary funds.
• Prepare presentations, memos, and ad hoc analyses for senior leaders.
• Apply valuation methodologies in line with Blackstone’s valuation policy as well as requisite external guidance.
• Attend valuation committee meetings and other meetings with senior stakeholders and present to leaders in Finance, BSP, and BXCI.
• Become a subject matter expert in secondary and insurance fund models, performance metrics, and valuations.
• Drive the onboarding process for technology and offshore team members and ensure proper data collection procedures are in place.
• Coordinate valuation reviews with third-party valuation firms and respond to third-party firm inquiries.
• Assist in presenting valuation results to internal committees, external auditors, and limited partners.
• Work closely with BSP’s and BXCI’s finance teams to provide inputs and portfolio investment information for business forecasts and planning deliverables.
• Maintain relationships with Asset Management, deal professionals, Investor Relations, Operations, Accounting, and Finance teams.

• Bachelor’s Degree in Finance, Economics, Accounting, or similar discipline (CFA and/or CPA a plus).
• 3+ years of private valuation experience in transaction services, a private equity fund, hedge fund or third-party valuation services provider or a comparable role.
• Capability to work in a dynamic environment that requires recurring deliverables and projects to support a growing business.
• Understanding of ASC 820 and corresponding valuation guidance.
• In-depth understanding of discounted cash flow model and market multiples.
• Strong interpersonal skills, high EQ, and proven capability to handle interactions with deal professionals, Asset Management, and portfolio company representatives.
• Excellent oral and written communication skills.
• Confidence presenting to large groups.
• Proficiency in MS Excel and MS PowerPoint required.
• Proficiency in iLevel, 73 Strings, or a similar platform is a plus.

• Depending on the position, you may be required to obtain certain securities licenses if you are client‑facing and/or engaged in activities such as attending client meetings, marketing Blackstone funds, supervising or training securities‑licensed employees, structuring or creating Blackstone funds/products, or advising on marketing plans prepared by a sales team.

• Comprehensive health benefits, including medical, dental, vision and FSA benefits.
• Paid time off; life insurance; 401(k) plan; and discretionary bonuses.
• Possible equity and other incentive compensation at Blackstone’s discretion.

Expected annual base salary range: $110,000 - $150,000.

The duties and responsibilities described here are not exhaustive and additional assignments may be required.

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