Blackstone Credit & Insurance, Private Credit Strategies 2027 Investment Associate, New York Business Unit Overview:Blackstone Credit & InsuranceBlackstone Credit & Insurance ("BXCI") is one of the world's leading credit investors. Our investments span the credit markets, including direct lending, opportunistic, CLOs, high yield, infrastructure and asset based 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.
Start Date: Summer 2027
Job Description: The Private Credit Strategies Group primarily focuses on providing private investment capital to upper middle market companies and private equity sponsors in connection with leveraged buyouts, mergers and acquisitions, recapitalizations, growth financings and other corporate transactions. The groups utilize a flexible approach when structuring investments, which may include senior debt (secured and unsecured), subordinated debt, preferred stock and/or private equity, thus providing candidates a chance to work on investments across the capital structure. Successful candidates will expand both quantitative and qualitative skills through the investment process and will have the opportunity to work with a wide range of industries and investment types.
Responsibilities:Associates at Blackstone Credit will have the opportunity to participate in all aspects of the investment process from initiation to close. Responsibilities will include financial analysis, execution of transactions (including meeting and interacting with management teams as part of the due diligence process), industry research and competitive analysis, legal documentation and drafting of memoranda for internal and external use. Candidates can expect to work on numerous projects at a time in various private investment opportunities. The small size of the professional staff and the extent of the deal flow require lean staffing and significant responsibility sharing.
Qualifications:Blackstone seeks to hire individuals who are highly motivated, intelligent and have demonstrated excellence in prior endeavors. The successful candidate should have:
- At least 2 years of relevant work experience from investment banking, private equity or private credit as of Summer 2027
- Experience in analyzing financial statements and conducting due diligence
- Exceptionally strong financial modeling skills
- Strong organizational and process management skills
- Strong communication skills; effective and demonstrable writing skills
- A desire to work in a team environment
- Think and work independently
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:$140,000 - $140,000
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: Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.