Business Group: Blackstone Energy Transition Partners
Business Group Overview: Blackstone Energy Transition Partners is Blackstone's energy-focused private equity business, a leading energy investor with a successful long-term record, having invested over $24 billion of equity globally across a broad range of sectors within the energy industry. Our investment philosophy is based on backing exceptional management teams with flexible capital to provide solutions that help energy companies grow and improve performance, thereby delivering cleaner, more reliable and affordable energy to meet the needs of the global community. In the process, we build stronger, larger scale enterprises, create jobs and generate lasting value for our investors, employees and all stakeholders. Further information is available at https://www.blackstone.com/our-businesses/blackstone-energy-transition-partners/.
Job Title: Blackstone Energy Transition Partners - Senior Associate
Job Responsibilities:- Work on companies within the energy transition sector evaluating potential investments, acquisitions, analysis of potential exit opportunities, and monitor current portfolio companies.
- Direct involvement in transaction due diligence, valuation analysis, and the negotiation of contracts and other agreements.
- Conduct/lead investment research, deal screening and evaluation.
- Develop and manage various due diligence procedures for prospective investments.
- Assist in executing merger, investment, and investment financing transactions.
- Perform various financial analyses such as valuation, modeling and forecasting as well as competitive analysis of business products / services.
- Work closely with internal/external advisors and third-party due diligence providers to lead business, industry, regulatory, ESG, and market due diligence.
- Prepare and present investment memoranda for internal (to firm's investment committee) and external uses.
- Participate in the origination of investment opportunities or leading idea generation/research/outreach to develop new investment areas for the firm.
- Assist in the negotiation of term sheets, contracts and other related agreements with investment counterparties and portfolio companies.
- Monitor performance of current Blackstone portfolio companies/assets post-acquisition, including participation in company board meetings and work closely with senior management to drive operational improvement and execute growth strategies.
- Participate in the monitoring and evaluation of potential exit alternatives.
- Work closely with internal finance/investor relations teams to manage internal quarterly valuation/financial reporting processes related to portfolio companies as well as private equity fund raising processes.
- Oversee the daily workload of 1-3 individuals, including Analysts and Associates. This includes reviewing financial models/analyses, presentations, and other deal related diligence work streams.
- Mentor, train, and develop current junior team members.
- Assist in the recruitment of analysts and associates.
- Prioritize and complete multiple tasks and workstreams under time constraints.
- Perform other duties as needed.
Job Qualifications:Education:
- Bachelor's degree (or foreign equivalent) in Finance, Economics, Mathematics, or a related field required.
Experience:
- Minimum of 3 years of experience in job offered or related occupations required.
Experience:
- Minimum of 3 years of experience performing financial analysis for private and public investment opportunities.
- Minimum of 3 years of experience evaluating financial statements, board decks, analysts projections and key metrics.
- Minimum of 3 years of experience advising on M&A transactions both on the sell side and buyside advising on over $8B of total transaction value across 2 deals.
- Minimum of 3 years of experience providing fairness opinions advising public companies on M&A transactions and performing DCF analyses, LBO analyses, transaction comparables, trading comparables and sum of the parts valuations.
- Minimum of 3 years of experience preparing data-driven private equity investment memoranda by conducting rigorous financial analysis, valuation modeling, and synthesis of commercial, operational, and risk insights to support investment decisions.
- Minimum of 3 years of experience using Microsoft excel for financial modeling and Microsoft power point for external presentation materials.
- Minimum of 3 years of experience using FactSet and CapitalIQ (and their respective excel add-ins), software used to access historical and projected information for public companies.
- Experience can be concurrent.
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:$160,000 - $215,000
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.
