Infrastructure Credit - Associate - London

About this role

Position Title: Associate – Infrastructure Credit

Overview:

Global Infrastructure Partners (GIP), a standalone division of BlackRock, is a leading infrastructure investor that specializes in investing in, owning and operating some of the largest and most complex assets across the energy, transport, digital infrastructure and water and waste management sectors. In October 2024, BlackRock completed the acquisition of GIP, positioning GIP to continue to capitalize on the long-term structural trends driving infrastructure growth.

GIP's proprietary origination networks and deep relationships across key sectors help identify premier assets and build successful joint-ventures with best-in-class strategic corporate partners and other leading investment firms. GIP leverages in-depth analysis and comprehensive operational expertise in proprietary origination, seeking to produce consistent and attractive returns across equity, and debt investment strategies.

GIP & BlackRock manage a combined $183B, creating the largest global infrastructure investment platform. The companies in GIP’s equity portfolios have combined annual revenues greater than $71 billion and employ approximately 116,000 people.

Position Summary:

GIP Credit, the credit arm of Global Infrastructure Partners, was formed to make primarily “non-equity” investments, with the ability to transact across multiple entry points in the capital stack.  GIP Credit targets power, energy, transport, water and waste, digital and other industries or projects with infrastructure-like characteristics.  GIP Credit provides financing solutions across a breadth of capital needs, including greenfield and brownfield projects, acquisition finance, liquidity and growth, restructuring and secondary purchases.  GIP Credit manages more than $30 billion of assets under management.

GIP Credit has an opportunity for an Associate investment professional to join the team based in London.

Key Responsibilities:

Our investment professionals work on a deal team in a fast-paced and entrepreneurial environment. They interact with senior members of the firm as well as the senior management of our portfolio companies. Associates are responsible for project and financial modelling, deal assessment and execution, development and review of due diligence reports, market research, portfolio monitoring and general analytics. They will also assist in preparing presentations and pitch books, cash flow analysis, researching and report writing. Key responsibilities include:

• Running and developing financial models in order to analyze investment opportunities
• Evaluating merits and risks of potential investments.
• Supporting and coordinating the due diligence process.
• Working with senior deal team members through the investment review process and the preparation of presentation material for investment committee
• Performing extensive credit analysis.
• Contributing to negotiation of structure and terms and related documentation.
• Ongoing role on portfolio management, monitoring portfolio company performance, working closely with management teams, the GIP Operating Team and GIP Credit’s Portfolio Management Team.

Qualifications:

• 2-5 years of experience in project or infrastructure finance, infrastructure investing or investment banking in relevant groups including project or infrastructure finance, leverage finance, M&A or coverage groups that include infrastructure, transportation, power & utilities, and oil & gas
• Relevant buyside experience at an infrastructure equity or credit fund helpful but not mandatory
• Undergraduate degree with demonstrated record of academic achievement and leadership
• Strong commercial and analytical abilities
• Demonstrable financial modelling and evaluation skills. In particular, a good understanding of cash flow modelling and sensitivity analysis
• A high level of conviction and commitment to investment in infrastructure
• The ability to thrive in a pressurized environment
• Experience gained through involvement through all aspects of a transaction’s lifecycle
• Excellent project management skills and ability to deliver quality work on schedule
• Experience in GIP Credit’s target sectors
• Ability to thrive in a team-oriented culture and environment.
• Outstanding interpersonal, leadership, and communication skills

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

Our hybrid work model

BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

About BlackRock

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.

For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an Equal Opportunity Employer.  We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.