Real Estate - ICS (Coverage), Principal

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 www.blackstone.com .

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The professional will support the capital raising efforts in North America with institutional investors on behalf of the real estate platform. The professional will work closely with senior leaders of Blackstone real estate and the broader fundraising team to raise new capital, manage LP relationships, and support strategic initiatives.

This professional will be expected to serve as the subject matter expert across various investments and delivering substantive information and updates to prospective and existing investors, collaborating with the broader Blackstone Real Estate team. Additionally, this hire will be expected to:

Identify and procure new LP relationships.

Expand existing LP relationships by articulating Blackstone’s products, fund strategies, and deals in depth.

Demonstrate fluency with, and confidence discussing, Blackstone Real Estate products with internal and external market participants.

Represent the firm as a visible spokesperson relating to all external communications and client coverage, building trust and credibility with stakeholders across all levels within Blackstone (product, investment team, etc).

Act as a PM surrogate to LPs and consultants by driving a solutions-oriented process and positioning the information in a thoughtful and appropriate manner, based on investor needs and interests.

Qualifications:

• This professional will have experience supporting the capital raising process and working well with internal investment and client service teams including legal, finance, accounting, and operations in order to successfully close on a commitment and onboard an investor. This hire should be highly motivated and possess sound judgment and a demonstrated track record of excellence in prior endeavors. They should also possess strong analytical and time management skills and have strong attention to detail.
• 6+ years of experience in a capital raising role.
• Commercial mindset and results-orientated; highly motivated, enthusiastic, driven, and closes.
• Effective multi-tasker; successfully raises capital for multiple Real Estate products at any given time.
• Creative & solutions-oriented; identifies, explores and devises solutions.
• Strong interpersonal skills and confidence; develops trust and fosters strong internal relationships within Blackstone and externally, with investors and the broader market.
• Entrepreneurial, resourceful, self-starter, while also team-oriented and collaborative.
• Adaptable and creative thinker with strong analytical skills and business acumen.
• High level of intellectual curiosity and a desire to continuously add to knowledge base.
• Excellent written, verbal, and interpersonal communication skills.
• Highest level of professional integrity.
• 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 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.