Overview

Blackstone Multi-Asset Investing (BXMA) Credit Team, AssociateThe Credit Strategy team within BXMA invests across the global credit landscape, sourcing and underwriting opportunities throughout the capital structure across both public and private markets. Investments span partnerships with fund managers, operating platforms, co-investments, and direct investments.The team is seeking a highly analytical and eager Investment Associate who is excited to work across a broad opportunity set. The Associate will play a central role in underwriting investments, building complex financial models, and conducting thematic strategy research.This role offers exposure to a wide range of asset classes including structured credit, corporate credit, asset-based finance, and real assets.Key Responsibilities:Working with broader team to source and conduct due diligence for prospective investments within the Credit space, including sourcing and underwriting public and private strategies across a wide range of asset classes.Performing deep dive due diligence on fund managers, companies, and/or assets, including creating detailed financial models and scenario analysis and researching industries and themesPortfolio AnalysisContinuous evaluation of existing portfolio exposures (across fund investments/partnerships, direct investments, and co-investments), including tracking key positions, themes, and exposures within portfolios, regular conversations with fund managers and industry participants, and challenging/stress-testing investment theses.Developing tools to process and analyze large data sets for individual investment underwriting as well as broader portfolio construction analyses.StructuringAssisting in structuring investments across partnerships, funds, co-investments, and direct transactions.Analyzing legal documentation, covenant structures, and transaction terms.Senior-Level Leadership PresentationCreating materials for investment committees, regular portfolio discussions, and updates for senior management and external investors.Qualifications3+ years of experience in investment banking, leveraged finance, credit investing, structured products, or a hedge fund / asset management platformStrong financial modeling skills with advanced proficiency in Excel and PowerPointStrong written and verbal communication skillsIntellectually curious with a deep interest in marketsSelf-starter, independently drive analysis and develop investment viewsTeam-oriented, collaborating across investment teamsProgramming or data analysis experience (Python, SQL, VBA, or similar) is a strong plusThe 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:$135,000 - $175,000Actual 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 and benefits offered in connection with the role consist of comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits; paid time off; life insurance; 401(k) plan; and discretionary bonuses. Certain employees may also be eligible for equity and other incentive compensation at Blackstone's sole discretion.Blackstone is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, creed, religion, sex, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, disability, genetic predisposit