As allocations grow, alternative investments play an increasingly critical role in portfolios. BlackRock offers access to a broad spectrum of alternative investments in alternative solutions, hedge funds, credit, private equity, real estate and infrastructure. Each business is responsible for strategic planning and oversight as well as investment management activities.
Life at BlackRock
Wonder what it’s really like to work at BlackRock? Our employees from offices all over the world share their thoughts on what makes our culture so special and unlike any other financial services firm – and what’s kept them here.
Our business contains seven teams across three key areas:
Alternative Solutions Group
Alternative Investment Strategies. Constructs and manages portfolios that invest across core and emerging alternative asset classes on behalf of some of the firm’s most sophisticated investors. We provide investors with a single point of access to BlackRock’s wide-ranging Alternative investment and risk management capabilities.
BlackRock Alternative Advisors
Provides custom hedge fund solutions and manages hedge fund of funds portfolios. Our team invests in external hedge funds and has deep experience in structuring and managing custom, co-investment and commingled hedge fund of funds portfolios.
Manages private and public credit investments across the full spectrum of risks, liquidity and geographies. BlackRock has expertise in opportunistic and distressed debt, specialty finance, middle market investing, high yield, leverage loans and CLOs. The team is global with investment professionals in Americas, Europe, and Asia.
Delivers a broad array of private market solutions through customised and commingled private equity programmes focused on investing in primary funds, direct co-investments and secondaries. We cover the spectrum of private equity, from venture capital to buyouts to distressed investments. We are dedicated to the sourcing, selection, management, structuring, monitoring and administration of private equity investments and partnerships.
Includes both Real Estate investments and Infrastructure investments. Real estate manages investments across the four quadrants of the real estate market including private equity, private debt, public equity (REITS) and public debt, across all major real estate markets globally. Infrastructure manages equity and debt infrastructure investments as well as fund of funds, providing investors with access to infrastructure assets with a fiduciary framework and tailored investment solutions.
BlackRock Alternative Specialists. A client-facing sales team that collaborates with investment groups across BlackRock Alternative Investors and the firm’s relationship managers to deliver the breadth and depth of the Alternatives platform to our clients. They are tasked with delivering Alternatives-focused solutions that help to solve for our client’s specific investment requirements.
Sourcing & Financing
BlackRock Private Capital Markets. A dedicated capital markets function for sourcing private and illiquid investment opportunities with a focus on alternatives sourcing and deployment. We help banks, sponsors and other intermediates best navigate the entire BlackRock platform by thoroughly understanding potential investment opportunities, working with investment teams to execute transactions, and managing relationships to build strong connectivity between counterparties and BlackRock.
Our team is known for
Offering clients access to a variety of investment options not generally available through traditional fixed income and equity markets
Highly regarded investment specialists armed with industry-leading information and insights, managing over +218 billion in client’s assets across 49 offices (as of March 2020)
Bringing high-quality investments, no matter the market cycle
Using the industry’s most sophisticated technology by combining the power of Aladdin’s risk analytics and eFront’s private markets data platform to help ensure that risks are deliberate, and investors know what they own
Putting sustainability at the centre of how we invest to provide better risk-adjusted returns to our investors.
We partner with:
Internally: We work with Portfolio Managers, Institutional and Wealth Client Business, Operations & Technology, Portfolio Analytics Group (PAG), Legal & Compliance, Business Operations, Internal Audit, and Finance
Externally: We engage with Institutional and Retail Clients, Stakeholders and Board Representatives.
What will you do as an analyst?
Learn the basics of the investment process within Alternative investments and become an active participant
Conduct analysis of returns/financial modelling and learn to identify drivers of return
Partner with team members to perform risk analysis and investment research
Develop a comprehensive understanding across all alternative asset classes and learn how Alternatives impact the rest of a portfolio
Acquire a deeper understanding of client needs to solve for clients ranging from large scale institutions to large private clients
Benefit from the resources of a world-class technology firm.
What capabilities are we looking for?
Analytical and numerical skills
Communication and presentation skills
Strong problem-solving skills and critical thinking
Basic or intermediate coding and programming skills
Team leadership and teamwork skills
Full-Time Analyst Programme
The Full-Time Analyst Programme is a multi-year experiential journey designed to empower and support Analysts in connecting their personal passions and strengths to BlackRock’s mission, principles and purpose. The programme begins with an orientation to learn about our purpose, business and strategic priorities – all while gaining insights into the day-to-day life of an Analyst at BlackRock.
Following orientation, Analysts join their team and stay connected with colleagues across the globe through ongoing training and professional development. This programme offers Analysts the chance to have a lasting impact on the firm and contribute to our greater collective purpose to help more and more people experience financial well-being.
Candidates should have less than 18 months of directly relevant, full-time work experience and be graduating from an undergraduate or master’s degree program between January 2019 and December 2021.