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, Twitter, and Instagram.

Job Title

Summer Analyst

Business Unit

Blackstone Credit and Insurance

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.

Job Description

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. Summer Analyst will assist in the execution of transactions and drafting of presentations and investment committee materials. As a result of the breadth of these responsibilities, candidates will develop a unique understanding of 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:

• Participate in all aspects of debt financings and structuring for Blackstone Credit & Insurance, including drafting proposals, committee materials, and portfolio analytics
• Conduct financial analysis for potential investment opportunities, through market benchmarking, fund economics, and investment strategy
• Assist in all phases of a transaction, from initial outreach through final execution, for private and public financing solutions
• Assist in preparing ad-hoc materials for senior management/investment committee review
• Actively monitor performance of existing financing / structured investment vehicles, and provide regular updates to internal stakeholders and senior management
• Work with sophisticated financial models to project future liability needs based on various scenarios and assumptions
• Collaborate with the team in proactively managing our rating agency partnerships
• Liaise with internal stakeholders on data, reporting, risk, and compliance related matters
• Conduct market research and competitor analysis across numerous structures (BDCs, closed end funds, CLOs), and markets (public and private corporate credit, asset-backed credit, etc.)
• Assist in preparing quarterly reporting packages for external use

Qualifications

Blackstone Credit & Insurance seeks 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.

The successful candidate must have:

• Strong verbal and written communication skills
• Strong analytical skills
• A desire to work in a team environment with dynamic roles
• Sincere commitment to professional development
• Excellent attention to detail
• Intellectual curiosity
• Good professional judgment

To be considered for the 2026 Summer Analyst Program, applicants must meet the following criteria:

• Currently enrolled as an undergraduate student
• Anticipated graduation date: Fall 2026 – Spring 2027
• Resume must include expected graduation month/year and GPA
• Resume must be in PDF format

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:

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: 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 email Human Resources at HR-Recruiting-Americas@Blackstone.com.

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.

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.