Job Information
BlackRock Private Equity Partners, Investment Management, Associate in London, United Kingdom
About this role
Private Equity Partners Overview
BlackRock Private Equity Partners (“BlackRock PEP”) is the private equity investment solutions group at BlackRock. Private Equity Partners has offices in Princeton, London, Zurich and Hong Kong with total AUM of approximately $50 billion across a range of commingled funds and separate accounts. Major investors with BlackRock PEP include insurance firms, pension funds, endowments, sovereign wealth funds and sophisticated family offices. BlackRock PEP invests globally across the range of private equity strategies, including venture capital, growth, buyouts, distressed, and special situations.
Job Purpose/Background
PEP is looking for an investment professional to join as a Junior Associate. The candidate will be an active participant in the direct co-investment and fund selection process by performing screening, research, financial modelling, and other quantitative & qualitative analyses as part of the investment team. The ideal candidate should have a Bachelor’s degree and 2-3 years relevant training or investment experience (e.g., private equity, investment banking, Accounting or management consulting).
This position demands excellent communication skills, strong analytical insight and financial modelling skills, perseverance and creativity in accessing information, the ability to balance multiple tasks, but most importantly, the ability to work effectively in a cross-border, team environment and a passion for private equity investing.
Key Responsibilities
Participate in due diligence of investment opportunities (direct investments, primary funds, and secondaries), including conducting market and company research, preparing valuation analyses, financial and operating models, and investment memoranda, and presenting recommendations to the senior investment team.
Develop and maintain relationships with private equity fund general partners and intermediaries.
Work with and help guide the development of junior investment professionals.
Assist in the preparation of summary review materials in support of internal quarterly reviews, external investor reports, advisory board meetings, and fundraising.
Coordinate with service providers and internal BlackRock groups (Legal, Operations, and Risk) to manage the closings of new investments.
Requirements
2-3 years of relevant work experience
Communication skills – Strong written and oral presentation skills, with the ability to formulate and articulate opinions effectively.
Technical skills – Ability to understand and develop financial models for companies and private equity funds (e.g., LBO models, valuation models, fund cash flow models).
Analytical and critical thinking – Ability to identify and articulate key investment considerations and risks.
Interpersonal & team skills – Comfortable with consensus decision-making and working in a cross-border, strong team-based environment.
High level of intellectual curiosity
Organisational and time-management skills particularly attention to detail.
Outstanding academic achievement, demonstrated leadership and extracurricular involvement.
Passion for the private equity industry
Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.
Our hybrid work model
BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
About BlackRock
At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.
This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
For additional information on BlackRock, please visit @blackrock (http://careers.blackrock.com/) | Twitter: @blackrock (https://twitter.com/blackrock) | LinkedIn: www.linkedin.com/company/blackrock
BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.