Job Description

Description/Job Purpose BlackRock has an opportunity for a qualified candidate to join the firm as a Senior Investment Professional (Vice President level) in the BlackRock Infrastructure Solutions business. The role is based in Singapore and includes frequent travel. The candidate will lead the origination, underwriting, execution, and ongoing management of infrastructure investments (primaries, secondaries, and direct co-investments) on a global basis, with a focus on Asia Pacific.

Background BlackRock is one of the world’s preeminent asset management firms and a premier provider of global investment management, risk management, and advisory services to institutional, intermediary, and individual investors around the world. BlackRock offers a range of solutions — from private markets offerings seeking to deliver uncorrelated returns, to rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance, to highly efficient indexing strategies designed to gain broad exposure to the world’s capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds, and other pooled investment vehicles, and the industry-leading iShares® ETFs.

BlackRock Infrastructure Solutions (“BIS”) is a division within BlackRock’s infrastructure investment group. Since its establishment in 2011, BlackRock’s infrastructure investment group has become one of the leading platforms in the industry, with c. $30bn of assets under management on behalf of institutional and retail investors across the world. BlackRock’s infrastructure investment group encompasses various strategies, including direct private equity (including renewable power and energy & power), debt, public securities, and multi-manager investing, executed through commingled funds and separately managed accounts.

BlackRock Infrastructure Solutions is the firm’s infrastructure private equity multi-manager solutions group with offices in New York City, London, and Zurich. BlackRock Infrastructure Solutions is a fast-growing, entrepreneurial business that builds and implements outcome-oriented infrastructure private equity portfolios for institutional investors globally through investments into funds (primaries and secondaries) and direct co-investments. The team employs a diversified approach, investing across sectors – including transportation, energy, power & utilities, telecommunications, social, and water – as well as across geographies. With a track record of over 100 investments executed since 2008, BlackRock Infrastructure Solutions has one of the most experienced infrastructure multi-manager teams in the industry.

Key Responsibilities The candidate’s primary responsibility will be to lead the origination and oversee the execution of infrastructure transactions (primaries, secondaries and direct co-investments) predominantly with a focus on Asia Pacific . The candidate will also be responsible for managing and developing relationships with relevant stakeholders including investors, fund managers, placement agents, and consultants. This position demands a seasoned investment, portfolio and client management experience, a proven infrastructure track record as well as relevant past experience at an investment bank, direct private infrastructure manager or a multi-manager business.

In addition, the role requires excellent analytical insight and financial modelling skills as well as strong communications skills. The individual must thrive in a team-based environment that demands perseverance and creativity in sourcing transactions, gathering and analyzing information; and have the ability to balance multiple tasks and to work effectively in a global cross-border team.

Responsibilities will include:

• Deal origination: establishing industry partnerships and originating differentiated investment opportunities across primaries, secondaries and direct co-investments.
• Deal execution: leading commercial due diligence, financial review, preparation of materials and memorandums for BIS’ investment committee, coordinating the tax and legal review, and closing on transactions, including in pre-bid situations.
• Business development: supporting business initiatives and fund-raising campaign, with a focus on Asia Pacific.
• Portfolio analytics: supporting portfolio allocation and implementation proposals (including cash flow modelling).
• People management: mentoring and motivating junior resources.
• Student of the market: researching market trends, pricing and regulatory changes.
• Portfolio monitoring: monitoring investments and leading performance review meetings.

Knowledge/Experience Candidates should have seasoned investment experience with a background in real assets and infrastructure. Candidates should also demonstrate a strong interest in the real assets sector and multi-manager investing. To be effective in the role candidates should have the following background and experience:

• 5+ years of relevant experience at an investment bank, direct private infrastructure manager, or a solutions, multi-manager investing business.
• Degree in Finance, Business Administration, Engineering and/or Economics or equivalent with a strong academic track record.

Skills/Competencies:

• Seasoned investment skills. Highly numerate with developed quantitative capabilities. Proven investment judgement is critical. A good understanding of leveraged finance / project finance modelling is important.
• Existing network of fund managers, placement agents, clients or consultants in Asia Pacific.
• Entrepreneurial spirit and commitment to assume leadership responsibilities.
• Persuasive written and oral communication skills as well as precise manner of expression.
• Ability to manage workload effectively and deliver quality work on schedule in a fast-paced environment with attention to detail.
• Strong communicator and team player with solid interpersonal skills and ability to delegate and motivate junior resources.