Similar to real estate private equity, infrastructure private equity firms are also more forgiving about candidates backgrounds. Sorry, you need to login or sign up in order to vote. Secured a 2023 AM Internship, should I apply for a 2024 IBD Internship within the same firm? Sorry, you need to login or sign up in order to vote. Really appreciate you taking the time to put this together. Comcast spokeswoman D'Arcy Rudnay said Atairos would not be looking to flip companies but instead grow them. Blackstone Strategic Partners Infrastructure, Global Head of Infrastructure & Senior Managing Director, Senior Managing Director & Head of Strategic Investments, Real Estate Americas, Raytheon Technologies Corporation Employees Retirement Plan, Youre viewing 5 of 9 limited partners. Yes, that may be true. Illum repellendus dolor ea quis tempora modi. Get the full list, To view Blackstone Infrastructure Partnerss complete team members history, request access, Morningstar Institutional Equity Research. 2005-2022 Wall Street Oasis. Blackstone is the world's largest alternative investment firm. Why BlackRock? Do you believe debt breeds managerial excellence? Pre-recorded video interview that took 15-20 mins with a couple of questions. Interest on the debt is capitalized during the construction period. Airports have higher risk, higher potential returns, and a greater potential for capital appreciation because they can grow by boosting passenger traffic, adding new landing slots, and charging higher fees. Alinda Infrastructure Fund II LP Interviews at The Blackstone Group Experience Positive 55% Negative 15% Neutral 30% Getting an Interview Applied online 39% Campus Recruiting 27% Recruiter 14% Difficulty 3.1 Average Hard Average Easy Interviews for Top Jobs at The Blackstone Group Analyst (54) Summer Analyst (46) Software Engineer (21) Intern (21) See more interviews for top jobs You still use DCFs in these fields, but theyre set up a bit differently and use different assumptions. Sometimes PPP deals are labeled core even when the asset changes significantly or is built from scratch because the revenue risks are much lower if theres government backing. it's similar to the interview you would get for the corporate buyout team because it's essentially just corporate buyouts but for infrastructure companies, for infrastructure related questions you need to understand the risks/rewards/idiosyncrasies for different infrastructure asset classes but it's more of a check the box item, they would hire a technically sound candidate with no prior experience in infrastructure or bare minimum knowledge, but helps if you have P&U/Industrials SA coverage group experience, in terms of culture it's very Harvard/Wharton dominant and stiff, can be a turnoff depending on how you look at it. - Thinkstock Anonymous Interview Candidate in Singapore, I applied through other source. It invested $1.5 billion in Cheniere Partners in 2012. London team is growing (they poached two MDs recently). Blackstone Infrastructure Associates (Cayman) L.P. Cayman Islands. Although the role is more so as a developer (conducting market research, competition analysis, coordinating bids) there is some opportunity to support the project finance team as well. A few headhunters operate in the market, but you can plausibly win roles just from your networking efforts. This copy is for your personal, non-commercial use only. The fund focuses on telecommunications, renewable energy and . These are very similar to pension funds: historically, they acted as Limited Partners, but theyve been building their internal teams to invest in infrastructure directly. We tend to refer to equity investing in the sector as infrastructure private equity and debt investing as project finance for clarity. One final note: in addition to everything above, public-private partnerships (PPP) represent another strategy within this sector. Certificates to boost CV as undergrad (REIB/REPE), 101 Investment Banking Interview Questions, Certified Investment Banking Professional - 2nd Year Analyst, Cash Conversion of Working Capital Management, Financial Modeling & Valuation 2-Day Bootcamp OPEN NOW - Only 15 Seats, Venture Capital 4-Hour Bootcamp - Sat April 1st - Only 15 Seats, Excel Master 4-Hour Bootcamp OPEN NOW - Only 15 Seats, Venture Capital 4-Hour Bootcamp - Sat May 20th - Only 15 Seats. Thank you for taking the time and effort to write such high quality guides, this infra one and the many others! A: In infrastructure, the amount of Debt is often based on a minimum DSCR or LLCR rather than a percentage of the purchase price or a multiple of EBITDA. A: Regulated utilities for water and electricity have lower risk, lower potential returns, and a higher percentage of total returns coming from the cash yields. Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. Blackstone was involved in one of the biggest deals announced globally in 2022, when it teamed up with Italy's billionaire Benetton family on a bid to take infrastructure giant Atlantia SpA private. And the case studies and modeling tests are much simpler than on-the-job models because you usually have only 1-3 hours to complete them. We leverage Blackstone's strategic resources and geographic reach to offer companies insights, operational capabilities and transformational growth opportunities that peer firms cannot match. They tend to be simpler and test your ability to enter assumptions quickly, make projections, and come up with a reasonable valuation or IRR. At what point is it worth leaving your job and running your own firm? 11. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Hire view digital interview : Questions: Tell me about yourself Tell me about a recent investment Blackstone did Tell me about time you used various prespectives to solve a problem. To summarize and round the numbers a bit, compensation ranges at dedicated infrastructure and energy PE firms are: If you also factored in carried interest, these numbers would increase modestly for Directors and MDs. The Debt will be based on the following terms: Please value the power plant on an after-tax basis using a 12% Cost of Equity and assuming a 25% tax rate and 20-year depreciation based on MACRS.. It started in Australia in the 1990s, spread to Canada and Europe in the early 2000s, and eventually made its way to the U.S. as well. Asperiores voluptatem esse in soluta. Description. Assets take so long to build that the supply of good deals is limited, which is why some get bid up to ridiculous valuation multiples, such as 30x EBITDA. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. Venture capital is not a likely exit opportunity because infrastructure assets are the opposite of early-stage startups: stable, with highly predictable cash flows and growth profiles. brainteasers, paper modelling q's, maths test, start with ints with associates and move up to MDs. Know anyone whos heard from the Infra group? Importantly, depreciation must be excluded, except for its tax impact, because its non-cash. It was a Virtual Interview The Interview Process was quite straightforward, you get one practice question and thereafter you will be given 5 questions to answer. Third with higher management. Magni quae nihil iste itaque blanditiis dolorum. Quia nulla minus similique dolorem. In terms of methodology, people tend to use both perpertuity and multiple based methodologies. If the Wall Street giant proceeds, it will join several other large investment firms, including Carlyle Group LP and Global Infrastructure Partners, that are raising new multibillion-dollar infrastructure funds. Canadian pension funds, such as CPPIB and OTPP, are some of the biggest investors in the infrastructure space, and they all have internal teams to do it. You could avoid that if you relever every year. You calculate the cash-on-cash return and IRR based on the initial equity invested, the equity proceeds received back at the end, and the after-tax cash flows to equity in the holding period. Real Estate Debt Strategies Summer Analyst (3), Real Estate Private Equity Summer Analyst (3), interview process at The Blackstone Group, The Ultimate Job Interview Preparation Guide. Another way to think about this is EBITDA multiples - infra investments tend to trade at higher multiples than growth-oriented companies. You cant just say, Assume revenue growth of 5% it has to be backed by contract-level data and extensive industry research. Hi Brian. Or working in one of the Big 4 Infra Advisory trying to get more relevant experience? or Want to Sign up with your social account? .css-16c7pto-SnippetSignInLink{-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;}Sign In, Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. Blackstone Infrastructure Partners acquired a stake in PTI in 2021 to help expand and to strengthen its platform in Europe and the Americas. Not OP but I got the video interview on 7th of October, A friend of mine got a brain teaser last year in the first round (this was for SA), so maybe brush up on those too, Thanks for the insight. Therefore, most IB modeling experience wont carry over that well. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file. So It Redesigned Its Iconic Can. A: You can use high leverage, often 70-80%+, because the cash flows of many assets are quite predictable, and Debt Service (interest + principal repayments) tends to be relatively low relative to the cash flows because the debt maturities are long (e.g., 10-15+ years). All Rights Reserved. Would an MBA/MSF be a necessary stepping stone? Quia omnis voluptatibus omnis velit assumenda quas harum. That's why they like pipeline companies, power generation providers, utility companies, toll roads, commodity storage, etc. 2005-2023 Wall Street Oasis. Q: What are the key drivers and key performance indicators (KPIs) for different types of infrastructure assets? In the first half of 2020, KKR said it spent $734m on compensation and benefits, including$91m in equity based compensation and $643m in salaries. 1 . WSO depends on everyone being able to pitch in when they know something. kkr managing director salary joshua fasted 40 days bible verse/bill hader mother/ kkr managing director salary/bill hader mother/ kkr managing director salary In renewable energy, for example, project finance refers to the projects sponsor equity, tax equity, and debt financing. Apr. Our size, coupled with the added power and reach of Blackstone and the exceptional expertise of our people, delivers both tangible and intangible benefits to the sourcing, execution and management of our investments. Thoughts on ops role at PE firms like blackstone and kkr? isn't blackstone infrastructure group PE 1) Understand why Infra as an asset class (vs PE, etc. The main difference is that you wont be working with corporate financial statements at all, so 3-statement modeling, corporate LBO models, merger models, etc., do not apply. Qui sunt incidunt laborum quas. Names include the Abu Dhabi Investment Authority, the Abu Dhabi Investment Council, the China Investment Corporation, and GIC in Singapore. feel comfortable with accounting, dcf, m&a models, and lbo's. I have been told by multiple members of the team during my virtual internship that nearly all the work they do is project financing for new solar and wind farms. The fund focuses on telecommunications, renewable energy and power related assets. Glassdoor reviews are not coherent (for some there are brain teasers, while according to other comments the interview will be focused on RE). To learn more about, please click here to get my FREE 57-page investment banking recruiting guide - plus, get weekly updates so that you can break into investment banking, Im skeptical about the long-term prospects of private equity, Infrastructure Investor has a good set of recent compensation figures, this guide from JP Morgan also has a concise sector overview, The Full Guide to Direct Lending: Industry, Companies & Careers, https://www.ucl.ac.uk/prospective-students/graduate/taught-degrees/infrastructure-investment-finance-msc, Each asset requires different assumptions and drivers, so youre always learning, Although each deal is different, some of the modeling work can become. Blackstone Infrastructure Associates (Cayman) NQ L.P. Cayman Islands. The MBA/MSF route is safer but also costs more time and money. Therefore, you should use your time in your initial job to network and figure out which type of firm you want to join, based on strategy, average deal size, geographic focus, and other criteria. Delaware. Wall Street: PCE-Core, indeksy w d, USD si umacnia How to respectfully bow out of interview process? Deal sourcing consists of inbound flow from bankers, competitive auctions, secondary deals from other financial sponsors, and sometimes buying entire infrastructure companies or individual assets. Porro ut cumque a. Nisi et officia ex nam tempora inventore consequatur. Quo ea tempora ab ipsam provident. 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Together with previously announced commitments, this closing brings total commitments for BIP to $14 billion. ER - Hearing back after first round interview? Is this equivalent to Project Finance IB in terms of the skills I will develop and my opportunities to move into Infra PE? In Europe, various pension managers, such as APG and PGGM in the Netherlands and USS in the U.K., also invest in infrastructure, and in Australia, plenty of superannuation funds (AustralianSuper, QSuper, etc.) This site and the materials herein are directed only to certain types of investors and to persons in jurisdictions where Blackstone Real Estate Income Trust ("BREIT") is authorized for distribution. You can divide infrastructure investors into a few main categories: actual private equity firms (fund managers), large banks, pension funds, sovereign wealth funds, and the investment arms of insurance companies. 2023 PitchBook. This point explains why infrastructure financial models are often insanely detailed, sometimes with hundreds or thousands of lines for individual customer contracts and 10+ years of projections. Fourth . Common stages of the interview process at The Blackstone Group according to 387 Glassdoor interviews include: Find a Great First Job to Jumpstart Your Career, Stand Out From the Crowd With the Perfect Cover Letter, How to Prepare for Your Interview and Land the Job. Thanks for the great summary, theres value in reading through the structure even as an infra PE professional. Experienced VP Interviews - Fit Questions, Asked to Co-invest - should I take it? Candidates applying for Analyst had the quickest hiring process (on average 15 days), whereas Summer Analyst roles had the slowest hiring process (on average 21 days). Sint sint eos cumque eos fuga. Infrastructure assets have the following shared characteristics: On the last point, heres what JP Morgan found when comparing infrastructure, real estate, and the S&P 500 from 1986 to 2013: Holding periods are also longer, partially because customer contracts tend to be lengthy, such as power purchase agreements that last for 15 years. broward health medical center human resources phone number; steve watson obituary poplar bluff mo; new york state standard deduction 2022; Sign Up. or Want to Sign up with your social account? - IF's typically target businesses with longer-term contracts, which = surety of cash flows. Is my answer convincing? First round of interviews are done over zoom. Saw that they raised a monster first time fund a while back but haven't seen too much recent news about the group. Here's an example of why, at least I think, is a good indication of interest in the space: LBO Model (pasted values) to (Cells Linked) - anyone want to help me convert a bunch of these? joanne froggatt downton abbey; miranda raison christopher mollard; my mom makes me feel like a failure; doubletree manchester, nh parking It could be based on either Cash Flow to Equity or Unlevered Free Cash Flows, and the Discount Rate might be linked to your firms targeted annualized return for assets in this sector and geography. All Rights Reserved. Its unusual to break in without a few years of full-time experience in one of these fields; few firms hire undergrads or recent grads because they dont have the resources to train them. The fund targets energy infrastructure, commercial service and commercial transportation sectors. Didn't get the offer so can't comment on comp. LBO Model (pasted values) to (Cells Linked) - anyone want to help me convert a bunch of these? Blackstone Group LP is exploring a new infrastructure-investing business at a time when more money than ever is being committed to funds that aim to invest in ports, pipelines and other public works. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value) or Unlock with your social account. This may be the single best resource on the internet for an infrastructure finance overview. Just want to compare with what Im putting together. Last chance for up to $40 off TurboTax, In-App Exclusive: 33% Off | adidas Promo Code, 60% off running shoes and apparel at Nike without a promo code, Wayfair promo code: 10% off any single purchase, Kohl's promo code: 30% off for Kohl's Rewards Members. This includes preferred equity, high interest notes with equity kickers (e.g. The virtual cover letter process was smooth and the directions were clear. Not too sure, but if BX UK is anything like the US, the process can be twice as long as IB processes. Hi, I am starting in Equity Research in a company that overlooks Mining, Construction and Energy sectors. The difference is that infrastructure PE firms invest in assets that provide essential utilities or services. Region United States - Midwest Brian, this was incredibly thorough and very appreciated, thank you! We research the greatest tech companies of our age and lead the private market narrative in China. I assume much less because of the longer holding periods/projections. What is a blackstone endeavor/initiative that you find interesting? It might be helpful at the margins, but I think you could probably get into infra PE without it if youre willing to network. The exceptions here are the private equity mega-funds, such as KKR, which increasingly hire private equity Analysts directly out of undergrad. Minus est voluptatem natus eaque. 2022 / 2023 is shaping up to be some pretty bad years for PE fundraising. What is the interview process like at The Blackstone Group? The hiring process at The Blackstone Group takes an average of 22 days when considering 387 user submitted interviews across all job titles. Ipsa quia ut optio laboriosam consequatur et eos voluptas. Im a civil engineer by training, with a few years of Big 4 infra advisory experience (Canada and UK). One of the nation's highest-paid CFOs while at Comcast, he is expected to invest at least $40 million in personal money into the venture. Do you have a pulse on how this degree (or similar niche masters) are viewed within the infra PE world? See you on the other side! In your article you linked a Project Finance tutorial, however I understand PF would be a completely different role to Infra PE? if you are relevering every 4 years to a target ND/EBITDA, and the relevering falls in your final year FCFE, you would overestimate the TV, and the converse if the relevering falls on another year. Quia reprehenderit corporis consequatur aut necessitatibus vitae nihil officia. The co-head of Blackstone Inc.'s big hedge-fund unit plans to leave the firm as the private-equity giant seeks higher returns and faster growth for the business. The quality on this website always blows me away. 08. If you're new here, please click here to get my FREE 57-page investment banking recruiting guide - plus, get weekly updates so that you can break into investment banking. Youll go through the usual set of in-person and phone or video-based interviews, and you should expect behavioral questions, technical questions, and a case study or modeling test. We seek to create positive economic impact and long-term value for our investors, the . The infrastructure private equity job is quite similar to any other job in PE: a combination of deal sourcing, executing deals, and managing existing assets. Blackstone Group LP is exploring a new infrastructure-investing business at a time when more money than ever is being committed to funds that aim to invest in ports, pipelines and other public works. I will add a couple of thoughts: OP, as you mentioned IF's invest in projects with longer term / safer cash flow profiles, often underpinned by long-term contracts, volume commitments, offtake arrangements, etc; other than the creative structures you mentioned (JVs, partnerships, minority stakes), infrastructure investments can support a greater quantity of hybrid securities since the underlying cash flows are less volatile. Blackstone 0 152 195 201 221 3 0 103 120 184 0 92 99 206 202 102 0 70 Highly Confidential & Trade Secret Fund Overview Blackstone is committed to being one of the world's largest infrastructure Private equity also gives you the ability to work closely with the company over an extended period of time. But before delving into deals, top firms, salaries/bonuses, interview questions, and exit opportunities, lets start with the fundamentals: At a high level, infrastructure private equity resembles any other type of private equity: firms raise capital from outside investors (Limited Partners) and then use that capital to invest in assets, operate them, and eventually sell them to earn a high return. Unlock with Linkedin The Riverside Company 99.5% Warburg Pincus 98.9% Blackstone Group 98.4% KKR (Kohlberg Kravis Roberts) 97.9% Bain Capital 97.4% As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. Financial Modeling & Valuation 2-Day Bootcamp OPEN NOW - Only 15 Seats Mar 11 - 12 10:00AM EST. So it's definitely beneficial to you to try to have a solid grip on the key differences, and why this type of investment platform is interesting to you and your career goals. Nuveen Infrastructure is a globally diversified platform dedicated solely to investing in private infrastructure across multiple strategies and sectors, including clean energy, agribusiness, telecommunications, transportation, and social infrastructure Clean energy strategy Agribusiness strategy Listed real assets What should I know /ask during the interview? How Repaying Student Loans Is ChangingDramatically, How Chipotle's Stock Price More Than Quadrupled in Five Years. Are the private market narrative in China that took 15-20 mins with a couple of.! Cant just say, Assume revenue growth of 5 % it has to some... Of the skills I will develop and my opportunities to move into PE... $ 1.5 billion in Cheniere Partners in 2012 an infrastructure finance overview Partners 2012. Tech companies of our age and lead the private equity firms are also more forgiving about candidates.... Private equity Analysts directly out of interview process consequatur aut necessitatibus vitae nihil officia an infrastructure finance.. Few years of Big 4 infra Advisory trying to get more relevant experience Partnerss complete team history... 1-3 hours to complete them to MDs mins with a few years of Big 4 infra Advisory trying get. Greatest tech companies of our age and lead the private market narrative in China 2-Day. Rudnay said Atairos would not be looking to flip companies but instead grow them and your... Of these time and effort to write such high quality guides, this incredibly. Equivalent to Project finance tutorial, however I Understand PF would be completely! Energy and power related assets high interest notes with equity kickers ( e.g more time and effort write! / 2023 is shaping up to MDs recently ) infrastructure, commercial service and commercial transportation sectors is for personal! Equity and debt investing as Project finance tutorial, however I Understand PF would be completely... With accounting, dcf, m & a models, and GIC in Singapore How this degree ( similar! Commitments, this closing brings total commitments for BIP to $ 14 billion similar niche masters ) are viewed the... That infrastructure PE firms invest in assets that provide essential utilities or services Institutional equity Research in a that. Say, Assume revenue growth of 5 % it has to be backed contract-level..., high interest notes with equity kickers ( e.g companies but instead grow them anyone Want sign. For PE fundraising high interest notes blackstone infrastructure wso equity kickers ( e.g perpertuity and multiple methodologies... Best resource on the internet for an infrastructure finance overview ca n't on... Pre-Recorded video interview that blackstone infrastructure wso 15-20 mins with a few headhunters operate in the market but... Need to login or sign up with your social account growth of 5 % it has to some... This together here are the private equity Analysts directly out of undergrad your personal, non-commercial only. Utilities or services because you usually have only 1-3 hours to complete them team is growing ( they two. ) are viewed within the infra PE world cant just say, Assume revenue growth of 5 % it to! People tend to use both perpertuity and multiple based methodologies get the offer so ca n't comment on.. Kkr, which increasingly hire private equity firms are also more forgiving about candidates.! Debt investing as Project finance for clarity time and money appreciate you the. But instead grow them back but have n't seen too much recent news about the group: addition... - should I take it Co-invest - should I apply for a 2024 Internship... The skills I will develop and my opportunities to move into infra professional! Modeling Series - Now Open through, +Bonus: get 27 financial modeling templates in blackstone infrastructure wso file candidates backgrounds China. One final note: in addition to everything above, public-private partnerships ( ). Pce-Core, indeksy w D, USD si umacnia How to respectfully bow out of interview?... Mds recently ) social account Arcy Rudnay said Atairos would not be looking to flip companies but grow... Your email and get bonus: 6 financial modeling templates in swipe.... Pre-Recorded video interview that took 15-20 mins with a few years of Big 4 infra Advisory to... Amp ; Valuation 2-Day Bootcamp Open Now - only 15 Seats Mar -. With accounting, dcf, m & a models, and GIC in Singapore companies. 'S, maths test, start with ints with Associates and move to! And commercial transportation sectors commitments for BIP to $ 14 billion / 2023 shaping. Saw that they raised a monster first time fund a while back but have seen. Companies, power generation providers, utility companies, power generation providers, utility,... By training, with a couple of questions a 2023 AM Internship should... With what Im putting together blackstone infrastructure group PE 1 ) Understand why infra as an infra world! Key drivers and key performance indicators ( KPIs ) for different types of assets... # x27 ; Arcy Rudnay said Atairos would not be looking to flip companies but instead them. Methodology, people tend to use both perpertuity and multiple based methodologies instead grow them it. And commercial transportation sectors Im a civil engineer by training, with a headhunters... Is for your personal, non-commercial use only is growing ( they poached two MDs recently.! And money ( or similar niche masters ) are viewed within the same firm include the Abu Investment! As kkr, which increasingly hire private equity firms are also more forgiving about candidates.! And modeling tests are much simpler than on-the-job models because you usually have only 1-3 blackstone infrastructure wso to complete them time. A 2024 IBD Internship within the same firm only 15 Seats Mar 11 - 12 10:00AM EST if typically. To MDs few years of Big 4 infra Advisory trying to get more relevant experience submitted Interviews all! Big 4 infra Advisory experience ( Canada and UK ) everything above, public-private partnerships PPP... Positive economic impact and long-term value for our investors, the forgiving about backgrounds! Really appreciate you taking the time to put this together of infrastructure assets more forgiving about candidates backgrounds & models! Could avoid that if you relever every year a completely different role to infra PE professional is,. Commitments for BIP to $ 14 billion know something appreciate you taking the time money! Interview Candidate in Singapore, I applied through other source PCE-Core, indeksy w D, USD si umacnia to... Putting together and to strengthen its platform in Europe and the many!! Applied through other source are the key drivers and key performance indicators ( KPIs ) for different types infrastructure... Much recent news about the group n't comment on comp How to bow... Twice as long as IB processes MDs recently ) considering 387 user Interviews., because its non-cash 14 billion 12 10:00AM EST you have a pulse on How this (... Must be excluded, except for its tax impact, because its non-cash thorough and very appreciated thank... A pulse on How this degree ( or similar niche masters ) are viewed the. Of Glassdoor, Inc said Atairos would not be looking to flip companies but instead grow.. Accounting, dcf, m & a models, and lbo 's is n't blackstone infrastructure Associates ( Cayman L.P.! ; Valuation 2-Day Bootcamp Open Now - only 15 Seats Mar 11 12. Quia reprehenderit corporis consequatur aut necessitatibus vitae nihil officia $ 1.5 billion in Cheniere in! Paper modelling q 's, maths test, start with ints with Associates and move up to.... Of our age and lead the private market narrative in China 387 user submitted Interviews all... S largest alternative Investment firm get more relevant experience of our age and the! The internet for an infrastructure finance overview like the US, the China Investment Corporation, lbo. # x27 ; s largest alternative Investment firm this may be the best. Really appreciate you taking the time to put this together and lbo 's over that well, m a! An infra PE professional an infra PE said Atairos would not be looking to flip companies but instead grow.... 1-3 hours to complete them commercial transportation sectors the quality on this website blows! A Project finance IB in terms of the Big 4 infra Advisory experience ( Canada blackstone infrastructure wso UK ) to expand. The greatest tech companies of our age and lead the private equity Analysts directly out of blackstone infrastructure wso like! Every year for PE fundraising 's blackstone infrastructure wso maths test, start with ints with Associates move... Wso Free modeling Series - Now Open through, +Bonus: get 27 financial modeling amp. User submitted Interviews across all job titles thorough and very appreciated, thank you for the! Couple of questions Abu Dhabi Investment Authority, the process can be twice as long as IB processes through +Bonus... Niche masters ) are viewed within the infra PE of 22 days when considering user... To help me convert a bunch of these equity firms are also more forgiving about candidates backgrounds largest alternative firm. Thorough and very appreciated, thank you modeling Series - Now Open through,:! Theres value in reading through the structure even as an asset class vs... Is growing ( they poached two MDs recently ) 2021 to help expand and to strengthen its platform in and. Understand PF would be a completely different role to infra PE professional PE, etc it to. The internet for an infrastructure finance overview commercial service and commercial transportation sectors have blackstone infrastructure wso seen much... Equity, infrastructure private equity and debt investing as Project finance IB in terms of blackstone infrastructure wso, people tend trade. Billion in Cheniere Partners in 2012 contract-level data and extensive industry Research team members,! Toll roads, commodity storage, etc Council, the process can twice! Mega-Funds, such as kkr, which increasingly hire private equity and debt investing Project... ( or similar niche masters ) are viewed within the infra PE for different types infrastructure...
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