BXMA - Total Portfolio Management: Private Investments, Vice President

Requirements

• Blackstone seeks to hire individuals who are highly motivated, intelligent, have sound professional judgment, and have demonstrated excellence in prior endeavors. In addition to strong analytical and time management skills, the successful candidate must meet the following qualifications:
• 6+ years of relevant experience, including: Allocator experience at family office, endowment, foundation, pension, fund of funds
• Buy‑side investing (VC, growth equity, private equity, or fund‑of‑funds)
• Investment banking or consulting experience
• Demonstrated experience leading investment diligence and IC processes
• Strong understanding of private equity, venture and growth equity fund structures, economics, and return drivers
• Experience with co‑investments and/or direct investing preferred
• MBA and/or CF

Benefits

Additional Information

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 . Business Unit Overview: Blackstone Multi-Asset Investing (BXMA) manages $101 billion across a diversified set of businesses. We strive to generate attractive risk-adjusted returns for our clients across market cycles. Our strategies include Absolute Return, Multi-Strategy, Total Portfolio Management, and Public Real Assets. BXMA's Total Portfolio Management business manages total portfolios on behalf of select clients (families and institutions). The portfolios are customized to client-specific objectives and aim to outperform traditional portfolios by embracing a long-term time horizon, flexible asset allocation, and robust portfolio construction. Total Portfolio Management's open architecture approach combines external investments, private market strategies, direct investing and the Blackstone ecosystem. Job Description: The Vice President will be a core investment professional within BXMA's Total Portfolio Management (TPM) platform, responsible for diligence and execution across fund investments, co‑investments, and select direct investments. The role requires strong independent judgment, full ownership of diligence workstreams, and consistent delivery of investment‑committee‑ready analysis in line with Blackstone standards. The Vice President will work closely with senior investment professionals and is expected to operate with high accountability, intellectual rigor, and attention to detail, while managing multiple parallel processes in a dynamic, institutional environment. Key Responsibilities for this role include: 1. Fund Diligence & Evaluation Lead end‑to‑end diligence on private equity, venture capital and growth equity fund opportunities Conduct detailed analysis of: GP organization, investment team, incentives, and governance Track record attribution at both fund and deal level Portfolio construction, underwriting discipline, and risk management Fund terms, economics, alignment, and structural considerations Develop clear investment perspectives and recommendations grounded in data and qualitative diligence Comprehensive and detailed market mapping of sponsors and deals for competitive analysis and opportunity identification 2. Reference & Background Work Take responsibility for diligence, including: Limited partners Portfolio company executives and founders Former partners, employees, and industry contacts Synthesize reference insights into decision‑oriented conclusions for senior investment professionals and ICs 3. Co‑Investments & Direct Investments Evaluate co‑investment and direct investment opportunities alongside external managers Perform company‑level diligence, including: Business model assessment and competitive positioning Growth drivers, unit economics, and scalability Downside risks, exit scenarios, and return sensitivities Support transaction execution, internal approvals, and post‑investment monitoring 4. Investment Committee Materials & Process Own preparation of investment committee memoranda, exhibits, and supporting analyses Ensure materials meet Blackstone standards for clarity, rigor, and concision Present analyses and recommendations to senior investment professionals and investment committees 5. Portfolio Monitoring Monitor existing fund and direct investments Review quarterly reports, valuations, capital activity, and GP communications Identify emerging risks, performance issues, and follow‑on considerations Contribute to portfolio reviews and strategic discussions across BXMA

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