Private Equity Internship, The Blackstone Group

Job Title	Private Equity Internship
Employer	The Blackstone Group
Job Type	Internship
Location	London, UK
Industry	Private Equity
Experience	0-3 Years
Languages	English
Deadline	Friday 7th November 2014

Programme Description:

Blackstone’s private equity group offers Intern Analysts the chance to engage in the direct acquisition of large and midsized companies in a variety of sectors worldwide. The investment process develops both the financial skills of investment banking and the strategic thinking of management consulting. As a result, this internship program offers a unique experience among financial firms, enabling our Interns to develop a well-rounded and fine-tuned business mind.

Interns at Blackstone have the opportunity to participate in all aspects of projects and be staffed on a number of assignments at once. Due to the relatively small size of the professional staff, Interns can assume integral roles on deal teams. Interns are involved with the development, structuring and financing of transactions and regularly attend internal meetings, negotiations and due diligence sessions.

Responsibilities:

Primary responsibilities will include:

financial analysis and modeling
investment research
competitive analysis
assistance in the execution of transactions
drafting of memoranda for internal and external use
communications with portfolio company senior management
Interns will work on a wide range of transactions including acquisitions, divestitures, joint ventures, restructurings, recapitalisations, private placements and leveraged buyouts.

Qualifications:

Blackstone seeks to hire individuals who are highly motivated, intelligent and have demonstrated excellence in prior endeavours.  In addition to strong analytical and quantitative skills, the successful candidate should have:

strong communication skills
a demonstrated ability to write effectively
a desire to work in a team environment often under pressure
A basic knowledge of accounting and finance is desirable.

The internship will be from January 2015 to June 2015

Application Deadline: 7th November 2014

About The Blackstone Group

The Blackstone Group was founded in New York in 1985 by Pete Peterson and Steve Schwarzman, who were previously working together at Lehman Brothers. The Group operates in a number of areas including private equity, real estate, credit and alternative investments, financial advisory (M&A, restructuring, reorganisations, private placements, etc.). Blackstone’s private equity business has been one of the most active over the last decade, and is now one of the largest in the world.

Investment Strategy

Blackstone pursues non-hostile investments in a diverse range of sectors, primarily in North America and Western Europe.

It has a value-oriented, conservative investment approach which leads it to use “prudent” leverage and focus on companies with leading market shares in stable industries

It is willing to examine complex transactions and performs rigourous due diligence including externsive macroeconomic research and industrial analysis

Other investmetn premises include add-on acquisitions, proprietary deal flow, corporate partnerships and creative exit mechanisms

Target investment size between $250m and $1.25bn