Blackstone Private Wealth

Product Specialist 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 capabilities to these firms and their clients and provides ongoing product and advisor support, as well as education and training around alternative investments. We leverage the global scale platforms across Private Equity, Secondaries, Real Estate, Infrastructure, Credit, Tactical Opportunities and Hedge Fund Solutions to structure single asset class and multi-asset solutions to fit into clients' asset allocation and portfolio construction objectives. Blackstone manages $290 billion of capital from Private Wealth clients. Blackstone Private Wealth is globally positioned, with offices in New York, London, Zurich, Paris, Singapore, Hong Kong and Tokyo and works with many of the world's largest wealth management institutions, independent wealth managers and family offices. Job Description Product Specialists in Private Wealth play an integral role in providing investment detail to client stakeholders. They cover the entire product lifecycle, from fundraising through investment and return-of-capital. They provide domain knowledge and expertise on investments, performance, market dynamics, and competitors. Product Specialists have key internal and external stakeholders, including BX investment teams, Private Wealth sales professionals, various due diligence teams, financial advisors, and end-clients. The Product Specialist will focus on Blackstone's Private Equity strategies and products. This includes direct coverage of relevant strategies and providing strategic support to Private Wealth stakeholders executing sales initiatives across global channels. The role may provide opportunities to engage with clients and serve as a representative of Blackstone's investment businesses to Wealth investors. Primary job responsibilities will include: Assist in answering a broad range of client and sales team inquiries about Blackstone's products, market views, etc. Analyze the competitive landscape through reviewing peers' filing documents, presentations, etc., and distill key qualitative and quantitative takeaways. Shepherd client-facing work through Blackstone's Legal & Compliance infrastructure. Work across other Private Wealth business functions in supporting product initiatives such as Marketing, Sales, Investor Services, Finance, etc. Enhance capital markets acumen to help contextualize Blackstone's offerings in a diversified investment portfolio. Help identify areas of improvement across the team's current processes to increase efficiency of information sharing, communication with sales, global coordination, etc. Qualifications: 3+ years of experience within Investment Banking, Investment Sales, or Asset Management. Series 7 and 63 or ability to obtain within a year of employment; CFA/CAIA a plus. Working knowledge of the Alternatives industry/competitive landscape and desire to learn more. Experience with Private Equity markets and investing, through a wealth lens is a plus. Strong verbal and written communication skills to distill complex investment topics for end-users. Strong interpersonal skills to develop productive professional relationships with sales teams, investment teams, and other internal stakeholders. Proficiency with a variety of analytical tools (Microsoft office, Morningstar Direct, Bloomberg). 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: $125,000 - $175,000. 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.