BlackRock Real Estate Equity currently manages approximately $20 billion invested in direct properties within the United States, Europe and APAC. 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. The role owns senior institutional relationships, sets fundraising strategy for flagship and growth vehicles, and is accountable for delivering material capital commitments across commingled funds, SMAs, and bespoke solutions.
As a member of the senior commercial leadership team, the MD acts as a strategic partner to the investment platform, Product Specialists, and Investor Relations—shaping market positioning, prioritizing client opportunities, and ensuring BlackRock’s Private Real Estate strategies are represented credibly and consistently at the highest levels of the institutional investor community.
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
Act as the primary commercial representative for the Private Real Estate platform in senior client forums
Drive retention, re‑ups, and expansion of existing client relationships across strategies and vintages
Shape platform‑level commercial strategy through insights on investor demand, competitive positioning, and allocation trends
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
Contribute to broader alternatives growth initiatives and cross‑platform client solutions where relevant
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.
Guidance on AI use for candidates
At BlackRock, AI has long been part of how we work – enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. 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.
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