Blackstone Private Wealth - Product Specialist (1031 Exchange Fund), Vice President
Blackstone Digital Infrastructure Trust Inc. · San Francisco Bay Area
📍 San Francisco💰 $175,000 - $200,000via workday
Apply on company site ↗
CareerRiver pulls this listing straight from the employer's hiring system — no recruiter middleman, no reposts. Applying takes you directly to Blackstone Digital Infrastructure Trust Inc..
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 .
Blackstone Private Wealth was established to meet the growing demand from high‑net‑worth investors for access to Blackstone’s institutional alternative investment capabilities. Partnering with leading private banks, wealth management firms, independent advisors, and family offices globally, the platform delivers differentiated private market solutions supported by deep product expertise, education, and ongoing client engagement. Blackstone Private Wealth leverages the firm’s global scale across Private Equity, Real Estate, Infrastructure, Credit, Secondaries, Tactical Opportunities, and Hedge Fund Solutions to construct both single‑asset and multi‑asset offerings aligned with client portfolio objectives. Blackstone manages approximately $300 billion of capital on behalf of Private Wealth clients and operates across North America, Europe, and Asia.
Role Overview
Blackstone Private Wealth is seeking a Vice President, Product Specialist to serve as a subject‑matter expert for 1031 exchange and tax‑deferred private real estate solutions. This individual will play a critical role in supporting fundraising, advisor engagement, and ongoing product education by partnering closely with Blackstone’s Real Estate investment teams and Private Wealth sales professionals. The role spans the full product lifecycle—from fundraising through investment and return of capital—and requires deep technical expertise, strong communication skills, and translation of complex structures into clear, advisor‑ and client‑ready insights.
Key Responsibilities
Serve as a primary product specialist for Blackstone’s 1031 exchange‑eligible real estate strategies within the Private Wealth platform.
Partner with Real Estate investment teams and internal stakeholders to develop and execute product positioning, messaging, and sales strategies across global Private Wealth channels.
Provide timely investment, performance, and market updates to Private Wealth sales teams, financial advisors, and end clients.
Support the completion and coordination of due diligence questionnaires related to 1031 exchange‑eligible real estate products within Private Wealth, partnering closely with investment teams, legal, compliance, tax, and risk stakeholders to ensure accurate, timely, and consistent responses covering product structure, tax considerations, investment strategy, risk management, and operational processes for advisor and client review.
Act as a technical resource on 1031 exchange structures, including eligibility, execution mechanics, tax considerations, and portfolio construction use cases.
Create and maintain high‑impact client and advisor content, including: Monthly and quarterly product updates
Fund and portfolio reviews
Market and investment commentary
Deal activity and pipeline updates
Responses to bespoke advisor and client requests
Participate in advisor and client meetings, both virtual and in‑person, to communicate portfolio updates, performance, and market insights.
Collaborate cross‑functionally with Sales, Marketing, Product Strategy, Investor Services, Compliance, and Business Development to support broader platform initiatives.
Monitor competitive dynamics across private real estate, tax‑advantaged structures, and alternative investment vehicles relevant to 1031 investors.
Support and mentor junior team members contributing to product coverage and client support.
Travel as needed for client engagement, due diligence meetings, and industry events.
Qualifications
7+ years of experience in asset management, investment banking, consulting, or wealth management, with a strong focus on private real estate.
FINRA Series 7 & (63/65 or 66) required.
Demonstrated experience with 1031 exchanges and tax‑deferred real estate investment structures serving high‑net‑worth investors.
Deep understanding of private real estate markets, investment structures, return drivers, and risk considerations.
Strong familiarity with wealth management distribution models, advisor needs, and relevant regulatory frameworks.
Exceptional written and verbal communication skills, can clearly articulate complex investment concepts.
Highly collaborative, with a strong sense of ownership and accountability.
Strong analytical, organizational, and problem‑solving skills.
MBA and/or CFA preferred, but not required.
San Francisco Applicants: Blackstone will consider for employment qualified applicants with arrest and conviction records, consistent with the San Francisco Fair Chance Ordinance.
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:
$175,000 - $200,000
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 conne
More San Francisco Bay Area jobs
San Francisco Bay Area jobs · Browse all locations