2027 Blackstone Credit and Insurance, Liquid Credit Strategies Summer Analyst
2027 BXCI Liquid Credit Research Summer Analyst
(LCS Research, CLO Capital Formation, CLO Investing)
Business Unit:
Blackstone Credit and Insurance
Blackstone Credit & 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 10-weeks in length, offering participants extensive exposure across the firm. The program offers Summer Analysts with valuable guidance through mentorship, continuous feedback, technical and soft skill training, network opportunities with professionals across the firm, and the unique change to fully immerse themselves in the Blackstone culture.
Liquid Credit Strategies Research:
The LCS (Liquid Credit Strategies) Summer Analyst is an integral part of the investment team; responsible for identifying, analyzing, and monitoring publicly traded fixed income investments across all LCS portfolios. Summer Analysts will conduct fundamental credit analysis to identify attractive investment ideas, underwrite new issues, identify attractive secondary trading opportunities, and proactively communicate recommendations to Pod Leaders and/or Portfolio Managers. Summer Analysts will hone both quantitative and qualitative skills through the investment process and will be exposed to a wide range of industries, companies, capital structures, and investment types; enhancing their understanding of companies, capital structures, and public credit markets.
Responsibilities for the Liquid Credit Strategies Research Summer Analyst role will include the following
Participate in relevant trainings.
Attend Blackstone Credit Summer Analyst events to get exposure across the platform.
Participate in all aspects of the investment process including meeting and interacting with management teams, financial analysis, financial modeling, industry and competitive analysis, company valuation, investment relative value analysis, legal documentation review, and formulation of investment thesis.
Generate actionable investment ideas across CLOs, separately managed accounts, commingled/drawdown funds, closed-end funds, LSE-listed funds and exchange traded funds.
Be an integral part of a professional and collegial team exhibiting sound business judgment.
Persuasively communicate with others, both verbally and in writing.
CLO Capital Formation:
The summer analyst will have the opportunity to participate in all aspects of CLO origination for Blackstone Credit. Responsibilities will include investment analysis, assistance in the execution of transactions and drafting of presentations and investment committee materials.
CLO Investing:
The CLO Investing Summer Analyst will work alongside the BXCI CLO Investing Portfolio Management team which is responsible for investments in CLOs across the firm. The Summer Analyst will be involved in aspects of an investment’s lifecycle from sourcing in both primary and secondary markets, documentation negotiation, investment analysis, portfolio monitoring and optimization. Responsibilities will include manager due diligence, investment analysis, reporting to internal stakeholders and assisting in preparing investor presentations. As a result of the breadth of these responsibilities, candidates will gain exposure to portfolio investment strategies, assessing relative value, and advanced structuring/modeling.
Responsibilities for the CLO investing Summer Analyst role will include financial analysis, assistance in the execution of transactions and drafting of presentations for internal and external use, as well as the following:
Support the CLO Investment team and assist with all portfolio management functions.
Help to assess the overall portfolio strategy and investment rationales across different mandates.
Leverage relevant resources and technology to streamline daily investment and portfolio management activities.
Perform CLO managerial due diligence and provide supporting data and analytical reports.
Ongoing surveillance of current positions/holdings and tracking of evolving risk factors.
Perform ad-hoc research projects that generate insights for investment activities.
Assist with all other daily investment activities, including portfolio reporting, cash management, performance monitoring, and trading.
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.
In addition, the successful candidate must meet the following qualifications:
Strong verbal and written communication skills
A desire to work in a team environment with dynamic roles
A basic knowledge of accounting and finance
Motivation to find solutions independently, and humility to acknowledge limits and uncertainties
Sincere commitment to professional development
Excellent attention to detail
Intellectual curiosity
Good judgment
Strong work ethic and proactive
To be considered for the 2027 Summer Analyst Program, applicants must meet the following criteria:
Currently enrolled as an undergraduate student
Anticipated graduation date: Fall 2027 – Spring 2028
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.