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 Credit and Insurance
Blackstone Credit & Insurance (“BXCI”) is one of the world’s leading credit investors. Our investments span the credit markets, including private investment grade, asset-based lending, public investment grade and high yield, sustainable resources, infrastructure debt, collateralized loan obligations, direct lending and opportunistic credit. We seek to generate attractive risk-adjusted returns for institutional and individual investors by offering companies capital needed to strengthen and grow their businesses. BXCI is also a leading provider of investment management services for insurers, helping those companies better deliver for policyholders through our world-class capabilities in investment grade private credit.
Program Description
Blackstone's Summer Analyst Program is a 10-week in-person experience, offering participants extensive exposure across the firm. This program provides Summer Analysts with valuable guidance through mentorship, continuous feedback, technical and soft skill training, networking opportunities with professionals across the firm, and the unique chance to fully immerse themselves in Blackstone's culture.
BXCI Structuring
Blackstone Credit & Insurance (BXCI) is seeking to add a Summer Analyst to its Structuring team within the Office of the Chief Investment Officer (OCIO). The Structuring team is primarily responsible for: (i) creating rated investment vehicles that facilitate capital efficient investing for BXCI clients, (ii) developing structures for new investment strategies, (iii) leading the design and execution of novel investments across BXCI, (iv) liaising with BXCI fundraising teams on capital raising opportunities, and (v) preparing models, analysis, updates and presentations regarding the aforementioned topics. The Summer Analysts will work closely with all OCIO functions, origination teams and across the broader BXCI platform. The team is lean and candidates are expected to work on numerous projects at a time.
Key Responsibilities include, but are not limited to:
BXCI Asset Allocation
The Asset Allocation team within the BXCI CIO office delivers Blackstone’s investment management expertise to insurers and multi-asset credit clients, helping those firms meet their investment objectives and drive long-term value. BXCI partners with insurers and other institutional clients to deliver customizable and diversified portfolios of Blackstone products from Blackstone’s credit, real estate, and alternatives platforms, as well as the option for full, outsourced management of clients’ investment portfolios.
Blackstone Credit and Insurance, Asset Allocation offers Summer Analysts the experience on a professional team whose work involves delivering Blackstone’s investment management expertise and products to insurance companies. Summer Analysts at Blackstone have the opportunity to participate in all aspects of investing and can expect to be staffed on a number of transactions at once. Due to the relatively small size of the professional staff, Summer Analysts are expected to assume integral roles on deal teams.
Responsibilities
Capital Formation & Capital Markets
The Chief Investment Office, Capital Formation Summer Analyst will work alongside the capital formation team responsible for BXCI’s liability origination, including CLOs, BDC bond issuances, secured debt structures, etc. Responsibilities include performing financial analysis, investment analysis and reporting for potential investments, structured financing, and strategic transactions. The Summer Analyst will assist in the execution of transactions and drafting of presentations and investment committee materials. The Summer Analysts will be exposed to advanced financial modelling, capital markets, credit structures, CLO origination and portfolio investment strategies.
Responsibilities
The Summer Analyst will have the opportunity to participate in all aspects of debt financings, CLO origination and structuring for Blackstone Credit. Responsibilities will include financial analysis, assistance in the execution of transactions and drafting of presentations for internal and external use as well as market research and competitor analysis drafting, as well as the following:
Qualifications
Blackstone Credit & Insurance seek to hire individuals who work well in a team-driven working group, are highly motivated, intelligent, have sound judgment and have demonstrated excellence in prior endeavors. In addition, the successful candidate must meet the following qualifications:
To be considered for the 2027 Summer Analyst Program, applicants must meet the following criteria:
If you do not meet these criteria, please see Blackstone’s Careers website for other opportunities that may be available, including other entry level positions.
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:
$110,000 - $110,000Actual 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: Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.
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.
You will not be eligible to participate in Blackstone’s health and other insurance benefit programs.
Please note that we use an AI resume screening tool to help with the initial review of applications. The tool helps us assess candidates based on skills, experience, and qualifications. The tool’s scores are one of the factors we consider when deciding who moves to the next stage of the application process.
To submit your application please complete the form below. Fields marked with a red asterisk * must be completed to be considered for employment (although some can be answered "prefer not to say"). Failure to provide this information may compromise the follow-up of your application. When you have finished click Submit at the bottom of this form.