2026 Blackstone Strategic Partners, GP Stakes Analyst

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.

2026 Blackstone Strategic Partners, GP Stakes Analyst, New York

Business Unit Overview:

Blackstone Strategic Partners is a global capital solutions provider, with $90.8B of investor capital under management. We offer a range of liquidity opportunities to both limited and general partners, including secondaries, GP Stakes and co-investments across private markets. Founded in 2000, we are one of the world’s largest and most established secondaries platforms.

With over $13 billion of assets under management, Blackstone GP Stakes focuses on the acquisition of minority ownership positions in leading private equity firms (“GPs”). This is a direct private equity investment strategy focused on alternative asset management as a sector, benefiting from strong secular trends in capital allocation toward private-market alternative assets and employing Blackstone’s disciplined and value-oriented “core” approach to investing. We seek to invest in institutionalized GPs with a competitive edge, where we are well-positioned to deliver strategic value by leveraging the broader Blackstone platform. Investments may be effectuated through a variety of structures, techniques and instruments such as common, preferred or structured equity.

Job Description:

Blackstone’s GP Stakes Group offers Analysts the chance to evaluate and engage in investments in a variety of private equity firms and other private-market alternative asset management firms. The investment process develops both the financial analysis of investment banking and the strategic thinking of management consulting together with a “principal” mindset. As a result, our Analysts have the opportunity to develop a well-rounded and comprehensive skill set in business and to learn firsthand about a wide range of private equity firms and strategies.

Analysts at Blackstone have the opportunity to participate in all aspects of a given project and be staffed on a number of assignments at once.  Due to the relatively small size of the professional staff, Analysts can assume integral roles on deal teams. Analysts are involved with due diligence, evaluation, structuring, and financing of transactions and regularly attend internal meetings, management sessions, and negotiations.

This is an opportunity for an extraordinary performer who has already mastered accounting, financial, analytical and research skills through personal investing, academic work and professional experience.

Key Responsibilities:

• Investment research
• Financial analysis, valuation, and modeling
• Industry and competitive analysis
• Business diligence
• Drafting of memoranda for internal and external use
• Assistance in the execution of transactions

Qualifications:

Blackstone 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 should meet the following qualifications:

• Driven with a strong sense of professional integrity.
• Self-motivated and resourceful; multi-tasks and focuses on delivering results.
• Enthusiastic team member who collaborates well with others and builds strong working relationships.
• Open to feedback and focused on achieving excellence.
• Client-focused and committed to developing creative solutions.

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

• Currently enrolled as an undergraduate student
• Anticipated graduation date: Fall 2025 – Spring 2026
• 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.