Vice President, Decarbonization Partners, Investments
About the job:
About BlackRock Alternative Investors
Charged with establishing BlackRock as clients’ preeminent partner in alternative investing globally, BlackRock Alternative Investors (BAI) is one of the top five largest alternative asset managers in the world today. We are active in all asset classes and connect them in ways other firms can’t match, operating on an integrated platform consisting of real estate, infrastructure, credit, private equity and hedge funds. Our scale means we offer expertise and access unique to BlackRock, and you’ll collaborate with teams across our firm in unexpected ways. As part of a key growth engine for the firm, you’ll be invited to continue building the platform that is shaping the future of Alts investing by creating and evolving innovative investment ideas and tech solutions on a team that continuously outperforms – setting new standards.
Grow your career with the firm that’s building tomorrow’s alternatives platform, backed by a purpose that drives positive outcomes for our clients, our investments and the communities we serve.
Temasek and BlackRock, Inc have announced the establishment of a joint venture called Decarbonization Partners that will invest in the next generation of innovative decarbonization solutions and businesses to accelerate global efforts to achieve net-zero emissions by 2050. This partnership represents an extension of Temasek and BlackRock’s commitment to sustainability, a core tenet of each firms’ forward strategies. This joint venture has the goal of democratizing net zero investing and establishing decarbonization and climate solutions as a new asset class.
Decarbonization Partners will launch its initial fund and focus on next generation renewables and mobility including emerging fuel sources, grid solutions, battery storage, and EV / AV technologies. Subsequently, the fund will evaluate frontier decarbonization sectors including carbon capture & storage, industrial applications, the built environment and manufacturing.
Decarbonization Partners will deploy late-stage venture and growth equity capital across multi-stage investments. Early stage and growth companies in addition to incumbents with decarbonization potential will be targeted. This will allow the fund to provide flexible capital solutions across the cycle to scale businesses, platforms, and solutions driving emissions change.
BlackRock has an opportunity for a highly motivated and qualified candidate to join this newly established team. The role will give the candidate significant investment exposure on projects/deals across a wide range of sectors and geographies.
The individual will work with an experienced senior team in a collaborative and entrepreneurial work environment. The role will have responsibility for project and financial modelling, deal assessment and execution, development and review of due diligence reports, market research, portfolio monitoring, and general analytics. The individual will also assist senior investment colleagues in preparing presentations and pitch books, cash flow analysis, researching, and report writing.
Work with the investment team to assess and execute project investments. This will include conducting due diligence, financial review and modelling, valuation, preparation of presentation material for investment committees, transaction execution, value creation and monitoring.
Develop, run, review financial models to analyse investment opportunities.
Synthesize all due diligence findings into investment memorandums and presentations.
Perform market research, including research on potential investments, industries and competitors.
Develop and conduct quarterly internal portfolio valuation and assist with portfolio reports and analytics for internal and external use.
Support senior investment colleagues on range of high priority initiatives and projects.
Experience & skills
7-9 years of investment banking, venture capital or private equity related experience.
Strong understanding of private market investments with excellent financial acumen.
Highly numerate with solid financial modelling and evaluation skills.
Experience of undertaking due diligence processes and reviewing finance and legal documentation is a plus.
Experience in energy, mobility, industrial sectors a plus
Self-starter with entrepreneurial approach.
Ability to work independently while also participating collaboratively as part of a team.
Solid project management skills; able to manage workload effectively and deliver quality work on schedule.
Strong presentation skills as well as strong oral and written communications skills.
Team-oriented. Enthusiasm and commitment to working in a friendly, entrepreneurial, team environment. Culture fit is critical.
CFA, CAIA, or advanced degree is helpful.
To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.
At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.
This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.
BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.