Blackrock

Managing Director – Business Development, Private Real Estate

New York, NY · Director

Sponsorship not specifiedDetected 22 days ago

Business DevelopmentLeadershipCollaboration

About the role

The Real Estate Equity business invests across a broad array of investment strategies including core, value-add and opportunistic, through separate accounts and commingled funds.
Our extensive experience encompasses all major property types including residential, industrial, retail, and office.
The Managing Director, Business Development is a senior commercial leader responsible for driving capital formation and long‑term client franchise growth for BlackRock's Private Real Estate platform.

Own delivery against multi‑year capital raising targets, with accountability for outcomes across market cycles
Own and deepen relationships with the firm's most strategic institutional clients, consultants, and intermediaries
Lead CIO‑ and IC‑level engagement on strategy, portfolio construction, and long‑term partnership opportunities
Drive retention, re‑ups, and expansion of existing client relationships across strategies and vintages
Provide structured feedback to investment leadership on product design, fund structures, and market timing
Partner with Product Specialists to ensure product narratives, differentiation, and thought leadership resonate with target investors
At BlackRock, AI has long been part of how we work - enhancing decision-making, improving operations, and helping us deliver better outcomes for clients.
To support you, we've provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.
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.

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.

For New York, NY Only the salary range for this position is USD$270,000.00 - USD$350,000.00.

Our clients, and the people they serve, are saving for retirement, paying for their children's educations, buying homes and starting businesses.
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.
As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being.

Serve as senior sponsor for flagship fundraising efforts, including governance, pacing, and escalation management

This listing is sourced directly from Blackrock's careers page and normalized into a canonical job model.