International Finance - Valuations Associate

Blackstone

Blackstone

Accounting & Finance
Luxembourg
Posted on Jan 10, 2025

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, Twitter, and Instagram.

Company Overview

Blackstone Europe Fund Management S.à r.l. (BEFM) is a private limited liability company (société à responsibilité limitée) notably subject to the Law of 10 August 1915 on commercial companies, as amended from time to time and to the AIFM Law. BEFM is authorized by the Commission de Surveillance du Secteur Financier (CSSF) as (i) a management company under Article 101(2) (Chapter 15) of the Law of 17 December 2010 on undertakings for collective investment, as amended (the UCI Law) and (ii) an alternative investment fund manager in accordance with the Law of 12 July 2013 on alternative investment fund managers, as amended (the AIFM Law).

BEFM manages UCITS and alternative investment funds (AIFs) in a variety of asset classes including private equity, real estate, credit and hedge fund solutions. BEFM is also authorized to manage separately managed accounts (SMAs) with a combination of these asset classes.

Job Responsibilities

The role will be a key part of the Luxembourg Finance team and will report to the Luxembourg Heads of Valuation team. Working closely with the other Finance teams globally, he/she will be responsible for the following areas, with an expertise focused on some fund strategies:

Investment valuation review

  • Reviewing the Investment Committee memo in the context of the first-time valuation
  • Reviewing the valuation materials at NAV frequency, participating in discussions with Blackstone valuation teams when applicable
  • Documenting the results of the discussion and analysis
  • Assisting in the periodic due diligence of valuation teams
  • Assigning and reviewing tasks assigned to the offshore consultants

Financial reporting and NAV review

  • At fund onboarding, assessing controls around NAV production and investor reporting
  • Reviewing the NAV of BEFM funds: reconciling investments portfolio and LP registrar with NAV, P&L review
  • Documenting the results of the analysis at NAV frequency
  • Updating database with key financial indicators for each fund
  • Assigning and reviewing tasks assigned to the offshore consultants
  • Other general administrative tasks

Governance and reporting to senior management

  • Participating to the new fund onboardings in the context of valuation and NAV matters
  • Preparing management information for the senior management and governing bodies
  • Proposing improvements of the valuations and NAV processes, enhancement of procedures and processes as well as the use of offshore resources and technology

Qualifications & Skills

Blackstone seeks to hire individuals who work well in a team, are highly motivated, with a sound judgment and have demonstrated excellence in prior endeavors.

  • Master’s Degree in Finance, Economics, Accounting or similar discipline
  • 3-5 years of relevant financial services industry experience (including a prior experience in a Big 4 or similar) with good understanding of alternative industry operations
  • Strong technical accounting skills, familiarity with a wide range of valuation approaches
  • Proficiency in MS Excel and MS PowerPoint required. Strong appetite to use of technology, and to develop skills on new IT platforms
  • Analytical skills, intellectual curiosity and attention to detail
  • Highly organized, and accountable for delivery
  • Collaborative team player with a proactive mindset and the ability to suggest new, efficient solutions
  • Superior communication skills, both written and verbal, with the ability to communicate with stakeholders at all levels
  • Fluent in English, both written and oral

All qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, age, disability, sexual orientation, national origin or any other category protected by law.


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.


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.