2024 Blackstone Real Estate Institutional Client Solutions (Ics) Summer Associate

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 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, Twitter, and Instagram.
2024 Blackstone Real Estate Institutional Client Solutions ("ICS") Summer Associate
Job Title:
2024 Summer Associate
Location:
New York
Business Unit:
Real Estate
Business Unit Overview:
Blackstone is a global leader in Real Estate investing. Blackstone's Real Estate business was founded in 1991 and has $320 billion of investor capital under management. Blackstone is the largest owner of commercial Real Estate globally, owning, and operating assets across every major geography and sector, including logistics, residential, office, hospitality, and retail. Our opportunistic funds seek to acquire undermanaged, well-located assets across the world. Blackstone's Core+ strategy invests in substantially stabilized Real Estate assets globally and Blackstone Real Estate Income Trust, Inc. (BREIT), a non-listed REIT, invests in U.S. income-generating assets. Blackstone Real Estate also operates one of the leading global Real Estate debt businesses, providing comprehensive financing solutions across the capital structure and risk spectrum, including management of Blackstone Mortgage Trust (NYSE: BXMT).
Program Description:
Blackstone's Summer Associate Program is 10-weeks in length and will provide participants broad exposure to the Firm. The Program offers Summer Associates various technical training and professional development opportunities, the ability to network with professionals across all business units, and a robust mentorship experience to allow the participants to be fully immersed in the Blackstone culture.
Job Description:
In this role, Summer Associates will be involved with supporting the global capital raising efforts for the Real Estate business. Summer Associates will work on multiple projects supporting all aspects of the marketing and fundraising cycle, utilizing a range of skills. Summer Associates will spend significant time with professionals across the global Real Estate group, including the Acquisitions, Asset Management, Legal & Compliance and Finance teams, and will also work with other business units within the firm.
Key Responsibilities include:

• Creating and maintaining presentation materials for investors and senior management
• Conducting macro/micro research
• Drafting quarterly reporting documents for investors
• Completing due diligence questionnaires and preparing responses to investor queries
• Supporting broader team and contributing to business development initiatives and strategic projects

Qualifications:
Blackstone seeks to hire individuals who are highly motivated, intelligent and have demonstrated excellence in prior endeavors. The successful candidate should have:

• Strong attention to detail
• Ability to multi-task in a fast-paced environment and execute a wide range of assignments
• Strong communication skills with a demonstrated ability to write effectively
• Strong work ethic, an entrepreneurial spirit; passion for excellence and desire to learn
• Demonstrated ability to project manage and review others' work
• Proficiency in PowerPoint and Excel
• A desire to work in a team environment

To be considered for the 2024 Summer Associate Program, applicants must meet the following criteria:

• Currently enrolled as an MBA student
• Anticipated graduation date: Spring 2025
• Resume must include expected graduation month/year and GPA
• Resume must be in PDF format

If you do not meet these criteria, please see Blackstone's Careers website for other opportunities that may be available, including other entry level positions.
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:
$150,000 - $150,000
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.