BAAM- Equity Strategy Analyst

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.

Job Title:

BAAM- Equity Strategy Analyst

Business Unit:

BAAM

Business Unit Overview:

Blackstone Alternative Asset Management (BAAM®) manages approximately $80 billion across a diversified set of businesses, including a customized portfolio solutions business, a special situations platform, a business that purchases GP stakes in alternative asset managers, an open-ended mutual fund platform, and an emerging manager seeding business. BAAM invests across a variety of asset classes and strategies to create solutions for its investors. Through its sharp focus on clients' goals, a rigorous due-diligence process and access to Blackstone's global insights, BAAM strives to generate attractive risk-adjusted returns across market cycles while mitigating downside risk during stressed market environments.

Job Description:

BAAM's largest line of business makes LP investments in hedge funds. These investments span the gamut of asset classes and hedge fund strategies. The Equity Strategy Team makes allocation decisions for Long-Short Equity, Activism and Event-Driven Equity. This role offers the opportunity to analyze, evaluate, and engage with global hedge fund managers, as well as interface with colleagues across the globe. Our investment process combines the public market and financial analysis characteristic of hedge fund investing with the strategic thinking of private equity. This position involves a two-year commitment.

Responsibilities:

Primary responsibilities will include:

• Working with the team to source and perform due diligence on prospective hedge fund investments within the Equity space.
• Monitoring existing hedge fund relationships, which includes regular conversations with different levels of contacts at the firm, tracking key positions, themes and exposures in the portfolio, assessing the impact of any organizational changes, and continuously challenging the validity of BAAM's investment thesis.
• Thinking critically about how various market factors impact Equity strategies broadly and making recommendations regarding different styles of investing, given the current environment and future expectations.
• Thinking creatively about ways to improve the team's existing due diligence process, helping ensure quality, consistency and thoroughness in their approach.
• Qualitatively and quantitatively analyze hedge fund strategies and individual managers
• Prepare manager investment recommendations, detailed data analyses, portfolio models and in-depth commentary.
• Model various investment strategies, exposures, and their risks.

Qualifications:

Blackstone seeks to hire individuals who are highly motivated, intelligent and have demonstrated excellence in prior endeavors. In addition to strong analytical and quantitative skills, the successful candidate should have:

• Strong communication skills, including a demonstrated ability to write effectively
• A desire to work in a team environment
• Strong financial modeling skills and the ability to deconstruct a hedge fund's historic returns
• A passion for equity markets, and an understanding of different approaches within the asset class
• An ability to manage ad hoc projects independently and to completion
• 1+ years of relevant work experience

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:

$100,000 - $110,000

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: Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.

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.