Investment Strategy, Associate

Employer
Blackstone Group
Location
New York, NY
Salary
Competitive base and bonus
Closing date
Dec 25, 2022

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Academia
Ph.D. Candidates (Tenure Track, Research)
Finance Industry
Analyst
Contract Type
Permanent

Firm Overview:

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 $951 billion 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.

 

Private Wealth Solutions Overview:

Private Wealth Solutions 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 Solutions 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.

 

Job Description & Responsibilities:

Blackstone is seeking a Ph.D. Candidate to join the Investment Strategy team based in New York. The Investment Strategy team sits within its Private Wealth Solutions group and is responsible for the development of Blackstone’s macro views as well as thematic thought leadership on macro and market related themes. The team leads client engagement on macro topics and works with investment teams on asset allocation, specific investment projects and strategic decisions.

The individual will be working on thematic research in the intersection between macro and finance, as well as contributing to the team’s broader day-to-day activities. Given the team’s many touchpoints across the firm, the individual will work with a variety of professionals across job functions, including investment and asset management teams, investor and client services, and operational groups including legal, marketing, and others.

The successful candidate will be a highly skilled researcher in economics or finance, with a track record of conducting original research at the highest level. We are looking for candidates interested in the application of research to real world decision making and in building a broad experience and long-term career in a fast-growing firm. The position provides the time and focus that is necessary to conduct high quality research together with the breadth of exposure that is necessary to build a well-rounded career.

Key responsibilities include, but are not limited to:

  • Conducting thematic research to help drive thought leadership
  • Shorter term ad hoc projects to respond to higher frequency events and questions
  • Contribute to presentation materials
  • Joint projects with other businesses in the firm

 

Qualifications:

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

The successful candidate must have:

  • A Ph.D. in economics or finance with a strong track record in conducting original research
  • Outstanding quantitative, verbal and written skills
  • Experience with coding languages or statistical analysis software is a plus
  • Adaptable, “can-do” attitude, with the ability and desire to work on a wide set of topics

 

Interested candidates must submit a cover letter (including location preferences), resume/CV, and three letters of recommendation.

 

If you do not meet these criteria, please see Blackstone’s Careers website for other opportunities that may be available, including other entry level positions. 

 

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.

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.

 

 

 

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