The Blackstone Group L.P.
Legal & Compliance - Infrastructure - Regulatory Attorney, VP
The Blackstone Group L.P., New York, New York, us, 10261
Infrastructure Funds - Regulatory Attorney, VPInfrastructure Funds - Regulatory Attorney, VP
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.Business Unit:
Blackstone Legal & Compliance (Infrastructure)Blackstone seeks a Vice President to join its Legal & Compliance team to provide support for the firm’s Infrastructure business. The Vice President will be integrated rapidly into the team to ensure the compliance function continues to deliver excellent service and support for investment, client service, finance, and asset management teams. The Vice President will work closely with the Chief Compliance Officer.Blackstone Infrastructure invests across energy, transportation, digital infrastructure and water and waste infrastructure sectors. The Infrastructure group seeks to apply a long-term buy-and-hold strategy to large-scale infrastructure assets with a focus on delivering stable, long-term capital appreciation together with a predictable annual cash flow yield. Our approach to infrastructure investing is one that focuses on responsible stewardship and stakeholder engagement to create value for our investors and the communities we serve.Job Description:The Regulatory Attorney will work on a wide range of legal and compliance matters involving the investment business described above. Primary job responsibilities include:Work closely with the CCO and investment team to provide broad support for the Compliance Program for Blackstone’s $40+ billion Infrastructure business, team members, and investment portfolio consistent with applicable law and regulation (with particular focus on the U.S., U.K. and European Union).Review side letter provisions and manage compliance with LPAs and PPMs.Collaborate with internal and external stakeholders to negotiate and finalize private fund service provider agreements, ensuring compliance and effective fund operations.Coordinate across business unit and corporate teams to prepare regulatory reports and filings (e.g., Forms ADV, Form PF, Reg D, AIFMD and Annex IV, 13H, 13F) and to perform annual 206(4)-7 compliance review.Work with legal and compliance colleagues to provide strategic advice on legal and regulatory matters, including (i) responses to requests from regulators, (ii) new developments that impact the business and its investors, and (iii) regulatory examination preparation.Help develop, revise, and maintain compliance and regulatory policies, procedures and controls taking into account the specific needs of the Infrastructure business, firm-wide policies and practices, and evolving legal and regulatory requirements.Responsible for the development, maintenance and delivery of compliance training to investment and support teams on key regulatory topics for new and existing employees; maintain training records; and ensure consistency with other Blackstone businesses.Review, prepare and oversee adherence to third-party advisor / consultant agreements and engagement letters (including for Blackstone Executive, Senior and Operating Advisors).Work with investment and asset management teams, senior leadership, and legal and compliance colleagues throughout the transaction lifecycle (including pre-acquisition diligence, preparation for committee reviews, regulatory filings, and post-acquisition obligations).Ensure compliance with investor side letter obligations.Develop leadership responsibilities for key ESG-related workstreams across products/funds, portfolio company support, and Blackstone corporate and firm-wide initiatives.Assist with new product development (including retail- and institutional-focused vehicles) in both U.S. and non-U.S. jurisdictions.Support selected firm-wide legal and compliance initiatives.Qualifications:An attorney with 6+ years of experience at a law firm and/or as a compliance professional (preferably at an asset manager or at a regulatory consulting firm).Familiarity with SEC, CFTC, and European private placement registration processes; and federal, state and international securities law and regulation (including the Investment Advisers Act of 1940 (and updates to the Marketing Rule), ERISA, the Alternative Investment Fund Managers Directive, and the EU Market Abuse Regulation (and similar anti-insider trading regimes).Capacity to understand difficult and complex compliance, legal and business problems and address with commercially actionable work plans.Demonstrated experience liaising between business team members (e.g., investment, asset management, marketing) and firm-wide corporate groups (e.g., accounting, finance, operations, tax).Superb organizational skills; demonstrated strong writing ability; and strong interpersonal communications skills.Ability to manage projects independently to conclusion from conception to execution, including coordination and oversight of external consultants and counsel.Compliance experience with registered funds, board roles, and service providers is a plus.An understanding of derivatives transactions (including currency hedging and interest rate swaps) is a plus.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:
$140,000 - $200,000Actual 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: Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.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 email Human Resources at HR-Recruiting-Americas@Blackstone.com.
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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.Business Unit:
Blackstone Legal & Compliance (Infrastructure)Blackstone seeks a Vice President to join its Legal & Compliance team to provide support for the firm’s Infrastructure business. The Vice President will be integrated rapidly into the team to ensure the compliance function continues to deliver excellent service and support for investment, client service, finance, and asset management teams. The Vice President will work closely with the Chief Compliance Officer.Blackstone Infrastructure invests across energy, transportation, digital infrastructure and water and waste infrastructure sectors. The Infrastructure group seeks to apply a long-term buy-and-hold strategy to large-scale infrastructure assets with a focus on delivering stable, long-term capital appreciation together with a predictable annual cash flow yield. Our approach to infrastructure investing is one that focuses on responsible stewardship and stakeholder engagement to create value for our investors and the communities we serve.Job Description:The Regulatory Attorney will work on a wide range of legal and compliance matters involving the investment business described above. Primary job responsibilities include:Work closely with the CCO and investment team to provide broad support for the Compliance Program for Blackstone’s $40+ billion Infrastructure business, team members, and investment portfolio consistent with applicable law and regulation (with particular focus on the U.S., U.K. and European Union).Review side letter provisions and manage compliance with LPAs and PPMs.Collaborate with internal and external stakeholders to negotiate and finalize private fund service provider agreements, ensuring compliance and effective fund operations.Coordinate across business unit and corporate teams to prepare regulatory reports and filings (e.g., Forms ADV, Form PF, Reg D, AIFMD and Annex IV, 13H, 13F) and to perform annual 206(4)-7 compliance review.Work with legal and compliance colleagues to provide strategic advice on legal and regulatory matters, including (i) responses to requests from regulators, (ii) new developments that impact the business and its investors, and (iii) regulatory examination preparation.Help develop, revise, and maintain compliance and regulatory policies, procedures and controls taking into account the specific needs of the Infrastructure business, firm-wide policies and practices, and evolving legal and regulatory requirements.Responsible for the development, maintenance and delivery of compliance training to investment and support teams on key regulatory topics for new and existing employees; maintain training records; and ensure consistency with other Blackstone businesses.Review, prepare and oversee adherence to third-party advisor / consultant agreements and engagement letters (including for Blackstone Executive, Senior and Operating Advisors).Work with investment and asset management teams, senior leadership, and legal and compliance colleagues throughout the transaction lifecycle (including pre-acquisition diligence, preparation for committee reviews, regulatory filings, and post-acquisition obligations).Ensure compliance with investor side letter obligations.Develop leadership responsibilities for key ESG-related workstreams across products/funds, portfolio company support, and Blackstone corporate and firm-wide initiatives.Assist with new product development (including retail- and institutional-focused vehicles) in both U.S. and non-U.S. jurisdictions.Support selected firm-wide legal and compliance initiatives.Qualifications:An attorney with 6+ years of experience at a law firm and/or as a compliance professional (preferably at an asset manager or at a regulatory consulting firm).Familiarity with SEC, CFTC, and European private placement registration processes; and federal, state and international securities law and regulation (including the Investment Advisers Act of 1940 (and updates to the Marketing Rule), ERISA, the Alternative Investment Fund Managers Directive, and the EU Market Abuse Regulation (and similar anti-insider trading regimes).Capacity to understand difficult and complex compliance, legal and business problems and address with commercially actionable work plans.Demonstrated experience liaising between business team members (e.g., investment, asset management, marketing) and firm-wide corporate groups (e.g., accounting, finance, operations, tax).Superb organizational skills; demonstrated strong writing ability; and strong interpersonal communications skills.Ability to manage projects independently to conclusion from conception to execution, including coordination and oversight of external consultants and counsel.Compliance experience with registered funds, board roles, and service providers is a plus.An understanding of derivatives transactions (including currency hedging and interest rate swaps) is a plus.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:
$140,000 - $200,000Actual 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: Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.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 email Human Resources at HR-Recruiting-Americas@Blackstone.com.
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