Private Wealth Legal, General Funds VP (London)

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.

This role will sit within a fast growing and dynamic business and involve product structuring and launching the firm’s individual investor focused vehicles, managing the day-to-day legal matters for new and existing retail funds, and assisting the other senior lawyers within Private Wealth Legal with strategic projects.

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 capability to these firms and their clients and provides ongoing product and advisor support, as well as education and training around alternatives.

This role will involve a variety of interesting and cutting-edge legal and general corporate matters, with a focus on the formation and ongoing management of Blackstone’s European retail business targeted at private banks and wealth managers. Primary job responsibilities will include:

• Participating in the design and launch of new funds.
• Overseeing the ongoing day-to-day management of new and existing funds.
• Assisting senior leaders with project management and fund formation matters and participating in product development of various investment structures across multiple jurisdictions.
• Participating in the creation and management of fund board materials.
• Managing regulatory filings (e.g., AIFMD disclosures, annual reports and prospectus updates) and assisting with day-to-day oversight of legal matters.
• Working with the in-house Legal & Compliance team and external counsel to monitor and implement legal and regulatory developments that impact Blackstone’s European retail funds and their distribution.
• Providing regulatory and legal advice to investment professionals and business personnel, and collaborating with internal stakeholders to develop and enhance internal processes.
• Managing relationships with outside counsel to address specific legal issues and review fund documentation.

The successful candidate should:

• Be a solicitor / lawyer qualified in England and Wales or other jurisdictions.
• Have a minimum of six years of relevant post qualification experience (law firm, in-house or combination thereof).
• Be a creative problem solver with a can-do attitude.
• Have an interest in a dynamic and high growth environment.
• Be highly motivated, enthusiastic, proactive, intelligent, and proven excellence in prior endeavors.
• Be able to proactively manage new situations and to independently manage projects to conclusion.
• Exhibit strong time and task management.
• Be able to manage multiple priorities and stakeholders while raising issues in a timely and productive fashion.
• Have an interest in financial markets and legal processes with an ability to step in and work directly with stakeholders in the business.
• Be a strong and independent thinker with excellent interpersonal and communication skills.
• Be a team player.
• Demonstrate strong organizational and communication skills, as well as a demonstrated ability to communicate effectively.
• Have a desire to work as part of a collaborative team and willingness to embrace a variety of issues and responsibilities.

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.

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;
• 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.