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 $1.1 trillion 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, X, and Instagram.

Blackstone Private Wealth   

Blackstone Private Wealth 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 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:

This role will work on a variety of interesting and cutting-edge legal and general corporate matters, with a focus on the formation and ongoing management of credit and real estate registered funds.

Primary job responsibilities will include:

Participating in the design and launch of new registered funds, broadly offered private funds, collective investment trusts, and other kinds of investment vehicles.

Research new product ideas and issues and work with counsel and stakeholders to propose solutions.

Coordinate and prepare materials to facilitate decisions regarding structuring of new products.

Overseeing the ongoing day-to-day management of new and existing registered funds and other Private Wealth vehicles.

Assisting leaders with project management on fund formation matters and participating in product development of various investment structures across multiple jurisdictions.

Support fund governance matters, liaise with external counsel, create, review and present from time-to-time, board materials and provide guidance to business colleagues and senior management on board proposals.

Managing regulatory filings (e.g., 8-Ks, 10-Q/Ks, Form 10s, N-2s, N-CSRs, and prospectus updates) and assisting with day-to-day oversight of legal matters.

Assisting with the development of a marketing and fundraising plan for registered funds. 

Working with the in-house Legal & Compliance team and external counsel to monitor and implement legal and regulatory developments that impact the registered funds.

Providing regulatory and legal advice to investment professionals and business personnel, including preparation of reports for the investment team and senior management.

Other projects as needed.

Qualifications:

6+ years of experience practicing law as a law firm associate or an in-house counsel, preferably focused on registered funds / investment management law. Capital markets or similar public company background would also be suitable.

Familiarity working on BDCs, interval funds, broadly offered private funds, and/or collective investment trusts is preferred but not required.

Experience with public company filings is required.

Creative problem solver with a can-do attitude.

Significant experience with the Investment Company Act of 1940 and familiarity with the Securities Act of 1933 and Securities Exchange Act of 1934.

Learn quickly and communicate complicated matters with an awareness of business needs.

Interest in a dynamic and high growth environment.

Highly motivated, enthusiastic, proactive, intelligent, and proven excellence in prior endeavors.

Proactive in new situations and to independently manage projects to conclusion.

Strong time and task management.

Ability to manage multiple priorities and stakeholders while raising issues in a timely and productive fashion.

Possess an interest in financial markets and legal processes with an ability to step in and work directly with stakeholders in the business.

Must be a strong and independent thinker with excellent interpersonal and communication skills.

Team player and willing to get involved where needed.

Strong organizational and communication skills, as well as a demonstrated ability to communicate effectively.

Desire to work as part of a collaborative team and willingness to embrace a variety of issues and responsibilities.

In addition to the compensation range below, Blackstone offers comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits. 

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:

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 email Human Resources at HR-Recruiting-Americas@Blackstone.com.

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.