Strategic Partners – GP Stakes Spend Management eSourcing Associate

Blackstone is the world’s largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $1.1 trillion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X, and Instagram.

Business Unit

Blackstone Strategic Partners

Blackstone Strategic Partners is a global leader in illiquid fund investing with $94B of assets under management. The platform provides liquidity and investment solutions across private markets, including secondaries, GP Stakes, and co-investments. Within Strategic Partners, the GP Stakes business manages approximately $11B of AUM and invests in minority ownership interests in leading private equity firms globally.

Job Location

Nashville, TN

Job Description

The Associate will support the GP Stakes Spend Management Team, with primary responsibility for coordinating, scaling, and institutionalizing an eSourcing program across the GP Stakes portfolio. The team focuses on generating tangible value for underlying GPs through group purchasing, eSourcing, and broader spend management initiatives.

This role offers the opportunity to help build and expand a formal, portfolio-wide eSourcing program, driving year-over-year adoption and measurable financial impact. The Associate will work closely with portfolio company stakeholders and the Blackstone Sourcing Center to embed eSourcing as a standard operating best practice for both existing and newly acquired GP Stakes investments.

The position requires strong relationship-building, program management, and change-management skills, with success driven through influence and partnership rather than direct authority.

Responsibilities

Program Leadership & Governance

• Provide central leadership and program management for the GP Stakes eSourcing initiative across the global portfolio
• Establish, manage, and track aggressive eSourcing impact targets at both the portfolio and company levels, with annual savings goals exceeding $100M
• Oversee pipeline development, reporting, issue resolution, and portfolio-wide coordination
• Maintain eSourcing databases and facilitate recurring practitioner forums and monthly council meetings

Portfolio Company Enablement

• Support a select group of portfolio companies through deeper, hands-on engagement to demonstrate eSourcing capabilities and results
• Drive awareness and adoption through training sessions, best-practice sharing, and user communities
• Encourage portfolio companies to dedicate resources and capabilities to eSourcing initiatives

Tools, Analytics & Execution

• Leverage Blackstone’s Spend360 spend-visibility platform to improve data transparency and identify new sourcing opportunities
• Use spend analytics to support compliance with negotiated contracts and usage management tools
• Partner with the Blackstone Sourcing Center to execute eSourcing events on behalf of portfolio companies
• Contribute to the ongoing development of eSourcing processes, tools, and best practices

External Visibility

• Support Blackstone conferences and events where eSourcing program representation or thought leadership is required

Qualifications

• Bachelor’s degree required; preference for Supply Chain Management, Business Administration, or Engineering
• 5+ years of experience in eSourcing or strategic sourcing roles within large, complex, global organizations
• Demonstrated expertise across end-to-end sourcing processes, eSourcing tools, and value delivery
• Proven track record of generating quantifiable sourcing impact across direct, indirect, and capital spend categories
• Strong analytical, project management, and stakeholder-influencing skills, and can operate as a change agent
• Advanced Excel proficiency required; experience with Ariba and spend-visibility platforms preferred
• Prior experience in private equity or multi-portfolio environments is a plus

• Lean / Six Sigma training and procurement transformation experience preferred
• Advanced Excel and PowerPoint proficiency expected

The duties and responsibilities described here are not exhaustive and additional assignments, duties, or responsibilities may be required of this position. Assignments, duties, and responsibilities may be changed at any time, with or without notice, by Blackstone in its sole discretion.

Expected annual base salary range:

$120,000 - $170,000

Actual base salary within that range will be determined by several components including but not limited to the individual's experience, skills, qualifications and job location. For roles located outside of the US, please disregard the posted salary bands as these roles will follow a separate compensation process based on local market comparables.

Additional compensation and benefits offered in connection with the roleconsist of comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits; paid time off; life insurance; 401(k) plan; and discretionary bonuses. Certain employees may also be eligible for equity and other incentive compensation at Blackstone’s sole discretion.

Blackstone is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, disability, genetic predisposition, veteran or military status, status as a victim of domestic violence, a sex offense or stalking, or any other class or status in accordance with applicable federal, state and local laws. This policy applies to all terms and conditions of employment, including but not limited to hiring, placement, promotion, termination, transfer, leave of absence, compensation, and training. All Blackstone employees, including but not limited to recruiting personnel and hiring managers, are required to abide by this policy.

If you need a reasonable accommodation to complete your application, please contact Human Resources at 212-583-5000 (US), +44 (0)20 7451 4000 (EMEA) or +852 3656 8600 (APAC).

Depending on the position, you may be required to obtain certain securities licenses if you are in a client facing role and/or if you are engaged in the following:

• Attending client meetings where you are discussing Blackstone products and/or and client questions;

• Marketing Blackstone funds to new or existing clients;

• Supervising or training securities licensed employees;

• Structuring or creating Blackstone funds/products; and

• Advising on marketing plans prepared by a sales team or developing and/or contributing information for marketing materials.

Note: The above list is not the exhaustive list of activities requiring securities licenses and there may be roles that require review on a case-by-case basis. Please speak with your Blackstone Recruiting contact with any questions.

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