Long Term Private Capital - Private Equity Investment Professional - Director

About this role

About BlackRock Alternatives

Charged with establishing BlackRock as clients' preeminent partner in alternative investing globally, BlackRock Alternatives is one of the top five largest alternative asset managers in the world today. We are active in all asset classes and connect them in ways other firms can't match, operating on an integrated platform consisting of real estate, infrastructure, credit, private equity and hedge funds. Our scale means we offer expertise and access unique to BlackRock, and you'll collaborate with teams across our firm in unexpected ways. As part of a key growth engine for the firm, you'll be invited to continue building the platform that is shaping the future of Alts investing by creating and evolving innovative investment ideas and tech solutions on a team that continuously outperforms - setting new standards.

Grow your career with the firm that's building tomorrow's alternatives platform, backed by a purpose that drives positive outcomes for our clients, our investments and the communities we serve.

About Long Term Private Capital

Long Term Private Capital ("LTPC") is BlackRock's direct private equity fund and a differentiated approach to traditional private equity. LTPC's strategy is to invest in high quality companies with outstanding management teams and leverage our global resources to actively support growth opportunities. LTPC's permanent capital enables a flexible hold period and a more prudent approach to leverage in order to support growth and maximize long term investor returns. The team seeks to deploy capital primarily in North America and Western Europe and is expected to grow its asset under management over time through both capital appreciation and new investor commitments in one permanent investing vehicle.

Job Summary

BlackRock is seeking a highly motivated and experienced private equity investment professional to join its Long Term Private Capital team. The role, based in New York, is a unique opportunity to help build a differentiated approach to private equity. This individual is expected to have a clear understanding of, prior experience in and the ability to drive the private equity investment process, including working with management and advisors to evaluate investment opportunities, executing transactions from legal negotiation to operational coordination, and monitoring portfolio companies.

Due to the long term nature of LTPC's portfolio holdings, this position is well suited for a high performer interested in making long term, strategic investments and creating partnerships with portfolio companies to build lasting value.

Key responsibilities

• Partner with investment colleagues in all aspects of investment sourcing, evaluation, transaction structuring, execution, value creation, and monitoring through hands-on leadership of the internal deal team and close coordination with target company management and third party advisors.
• Effectively conduct all aspects of an investment, including due diligence, deal structuring, financial modeling, valuation, negotiation, execution, value creation and monitoring according to investment guidelines.
• Develop in-depth knowledge of companies and industry sectors associated with potential investment opportunities as well as LTPC's portfolio.
• Drive the investment evaluation process by working closely with management team to understand a business, working with financial, legal, and tax advisors and consultants to develop due diligence plans and investment structures, reviewing due diligence reports, supervising the preparation of and preparing internal investment proposals and assisting with the deal closing process.
• Monitor portfolio assets on an ongoing basis, work with valuation agent on the valuation process and engage on internal and external investor reporting.
• Develop trusted relationships with portfolio company executives to help support value creation efforts.
• Maintain and continue to develop a network of relationships with bankers, advisors, industry sources, and other investment professionals for sourcing, due diligence, and value creations purposes.
• Be able and willing to develop relationships across BlackRock with a positive attitude towards cross functional collaboration and partnership.
• Coach and mentor junior members of the team.
• As required, represent LTPC to existing and prospect investors at meetings and conferences.

Experience & skills

• 8+ years of professional experience, ideally from a leading buyout firm.
• Successful track record as an investor coupled with excellent understanding of global private equity markets.
• Experience in sourcing, executing, and managing private investments.
• Strong leadership skills and hands-on attitude.
• Excellent analytical, project management, and organizational skills; ability to manage workload effectively and deliver quality work on schedule.
• Strong presentation skills as well as oral and written communications skills.
• Team-oriented. Enthusiasm and commitment to working in a friendly, entrepreneurial, team environment.
• Results driven with a high level of attention to detail.
• Willingness to travel to visit prospect companies, management teams and portfolio companies.

For New York City only: The salary range for this position is $237,500 - $300,000. Additionally, employees are eligible for an annual discretionary bonus, and benefits including heath care, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

Our hybrid work model

BlackRock's current hybrid work model is designed to enable in-person connections and collaboration that is core to our culture, while supporting increased flexibility for all employees. In line with local health guidance and regulations, employees are required to work at least 3 days in the office each week, with the flexibility to work from home up to 2 days a week. Some business groups may require more time in the office due to their roles and responsibilities. The health, safety and well-being of our people will always be our top priorities; we will continue to monitor local conditions and health advisories in making decisions about our work environments.

About BlackRock

At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children's educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.

This mission would not be possible without our smartest investment - the one we make in our employees. It's why we're dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.

For additional information on BlackRock, please visit careers.blackrock.com | www.blackrock.com/corporate | Instagram: @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.

BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.