VP, Structuring and Development, Private Markets Products and Solutions
BlackRock
- Location
- London, Greater London
- Work model
- On-Site
- Level
- Staff
- Posted
- 18h ago
About this role
About this role About BlackRock BlackRock is the world’s largest asset manager and a premier provider of global investment management services with AUM of over $13 trillion. BlackRock’s Private Markets and Alternatives platform represents over $500bn of AUM across a broad range of investment capabilities including private equity, private real estate, private infrastructure, private credit, and hedge fund and liquid alternatives strategies. Our 2000+ dedicated professionals work across BlackRock’s global teams, including 50+ offices with private markets capabilities. About this role We are looking for an experienced private markets professional to join our Private Markets Structuring & Development team in Europe. This individual will help design, structure and develop BlackRock’s private markets products and solutions, working across institutional flagships, evergreen products, client mandates, separate accounts, funds of one, and bespoke client solutions. Private Markets Structuring & Development forms part of Global Product Solutions (GPS), BlackRock’s central global product function. GPS oversees enterprise product strategy, including pricing, development, structuring, and platform governance. Within GPS, the Private Markets Structuring & Development team is responsible for the design, structuring and development of innovative private markets investment fund structures and client mandates for institutional and wealth investors globally. Members of the team partner with stakeholders across the firm, including investment teams, distribution, strategy, operations, and risk and compliance functions. The team works closely with BlackRock’s in-house legal team to drive the negotiation, formation and documenting of our products and solutions, and regularly engages with external professionals, advisers, industry groups, policymakers and regulators. A key element of the team’s role is also interacting with clients - partnering with sales teams on RFPs and engaging directly with existing and prospective clients on the design, structuring and development of custom solutions.
Responsibilities
Advising the business (including client relationship, sales and investment teams) on the design and structuring of private markets products and solutions, including features such as domicile, wrapper, key fund terms and legal and regulatory structure. Triaging and prioritising the most commercial opportunities, assessing feasibility and managing stakeholders. Efficiently manage multiple complex structuring projects, regularly working with new wrappers and fund structuring innovations (e.g. feeders, local entry points, currency solutions, evergreen vehicles, structured notes). Assume responsibility and ownership for the development of products, solutions and separate accounts – including running internal and client project calls. Review documentation relating to a variety of fund structures. Research legal and regulatory considerations relevant to specific clients, products and jurisdictions, serving as a thought-leader on the practical implications of new rules and guidance. Partner with the legal team in engaging with external legal advisors and other service providers. Work closely with tax, operational, compliance and risk management functions to design effective products and solutions. Qualifications & Skills Legal background a strong advantage, ideally a qualified lawyer with relevant work experience at a leading law firm or asset manager, but non-legal individuals with deep expertise and experience in private markets (e.g. product strategy, operations, tax, investments etc.), also highly valued in this role. Experience working with different fund types (e.g., partnerships, corporates, contractual schemes, regulated and non-regulated vehicles), core jurisdictions (e.g., Luxembourg, Ireland, Delaware, Cayman), and ideally client segments (both wealth and institutional). Broad knowledge of the European