2026 BXCI Private Credit Strategies, Healthcare Summer Associate

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.

Employer: Blackstone

Business Unit: Credit & Insurance – Private Credit Strategies, Healthcare

Location: Cambridge, MA

Business Unit Overview:       

Blackstone 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.

Job Title: Summer Associate

Job Description:

The Private Credit Strategies Healthcare group primarily focuses on providing private investment capital to publicly traded companies and private equity sponsors in connection with growth financings, recapitalizations, mergers and acquisitions, and other corporate transactions within the healthcare sector. The groups utilize a flexible approach when structuring investments, which may include royalty monetizations, synthetic royalties, senior debt (secured and unsecured), subordinated debt, preferred & common equity, and private equity, thus providing candidates a chance to work on investments across the capital structure. Candidates will enhance both quantitative and qualitative skills through the investment process and will have the opportunity to gain exposure to a wide range of therapeutic areas and investment types.      

Responsibilities:

Associates will have the opportunity to participate in all aspects of the investment process. Responsibilities will include business and scientific due diligence, including through meeting and interacting with management teams, financial and valuation analyses, industry research, legal documentation, and drafting of investment memos for internal and external use. The relatively small size of this group offers Associates the opportunity to work closely with senior members of Blackstone and to work on numerous projects at one time.

Qualifications:

Blackstone seeks to hire individuals who are highly motivated, intelligent and have demonstrated excellence in prior endeavors. The successful candidate should meet the following qualifications:

• Healthcare and/or scientific background is preferred
• Experience in analyzing financial statements and conducting due diligence
• Exceptionally strong financial modeling skills
• Strong organizational and process management skills
• Strong communication skills and demonstrated writing skills
• A desire to work in a team environment while thinking and working independently

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

• Currently enrolled as an MBA student
• Anticipated graduation date: 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 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.

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.