Careers

External Relations

The Group has primary responsibility for setting the strategy for shareholder, media and government relations and the Blackstone Foundation, including communicating and maintaining relationships with several constituents. These range from unit holders and the research analysts who cover Blackstone for major financial institutions to the media and Federal, State and local Government officials to not-for-profit organizations around the world.

The team is responsible for the firm’s social media presence, including Facebook, Twitter, blogs and Blackstone’s internal and external website. It drives communications to and amongst our employees and manages all aspects of the firm’s brand. The Group runs the Blackstone Charitable Foundation which is focused on job creation and entrepreneurship and also facilitates employee volunteer and intermural activities globally.

Roles in External Relations

• Analyst: External Relations

  An analyst in External Relations will assist in the day-to-day functions of the group and have the opportunity to gain hands-on experience in financial communications, government relations, internal communications, corporate philanthropy and/or investor relations. The small nature of the team lends itself to offering significant exposure to all Blackstone’s business groups and participation in high-level initiatives.

Finance

The Blackstone Finance team provides analyses for the firm’s senior leaders to assist them in making strategic business decisions, in addition to maintaining the books and records of the firm and its funds and financial controls. The team manages the firm’s liquidity and is instrumental in maximizing returns on the firm’s investments while minimizing risk. The Blackstone finance team also provides extensive, critical financial information to all investors. There are many exciting career opportunities within the finance team; you will work in a dynamic environment with a group of people dedicated to leveraging and protecting the firm’s balance sheet to the benefit of our investors, clients, shareholders and employees.

Roles in Finance

• Summer Internship: Chief Financial Office

  Interns will have the opportunity to focus on a particular area within the Chief Financial Office such as financial planning and analysis, Audit, Business finance, Treasury and Affiliated investor reporting.

GSO Capital

Our credit business, GSO Capital Partners LP, is one of the largest credit-focused alternative asset managers in the world. GSO provides a broad array of credit services, including leveraged loans and mezzanine financing, and plays a strong role in providing rescue financing to companies experiencing liquidity problems.

Roles in GSO

• Analyst: Customized Credit Strategies

  GSO customized credit strategies analysts are responsible for identifying, analyzing and monitoring investments across multiple portfolios, then proactively communicating recommendations to portfolio managers. The experience guarantees a unique understanding of companies and capital structures across a wide range of industries.

• Analyst: GSO Mezzanine Fund

  The GSO mezzanine group focuses primarily on providing private investment capital to upper middle market companies and private equity sponsors in connection with leveraged buyouts, mergers and acquisitions, recapitalizations, growth financing and other corporate transactions. Analysts will develop both quantitative and qualitative skills through the investment process and will have the opportunity to gain exposure to a wide range of industries and investment types. As a result of the breadth of the experience, the analyst will develop a unique understanding of companies and capital structures.

• Analyst: GSO Client Operations

  GSO Client Operations and will provide client service and support to Investors in all the various GSO Funds. The team liaises with numerous internal groups (Accounting, Legal, Operations, Compliance and Technology) and third party service providers (Fund administrators, etc.). Analysts create and distribute capital call and distribution notices to limited partners.

• Analyst: Investor Relations & Business Development

  Analysts will be involved in supporting GSO’s ongoing fundraising efforts and client relations functions. Responsibilities will include developing and maintaining marketing presentations, diligence materials, drafting of investor letters, preparing for and attending investor meetings, completing DDQs and RFPs, and supporting the marketing operations team with respect to account set up, monitoring liquidity and fund flows. In addition, the role will entail close communication and coordination with Blackstone Marketing professionals to help facilitate cross-fertilization and cross-selling.

Blackstone Alternative Asset Management

Our hedge fund solutions business, (“BAAM”), serves many of the world’s leading institutional investors, including corporate, public and union pension funds, sovereign wealth funds and insurance companies. These investors look to BAAM to protect their assets through custom-tailored investment strategies.

Roles in Hedge Fund Solutions

• Analyst: Business & Financial Evaluation

  The Business and Financial Evaluation group is responsible for performing due diligence, focusing on the operational risks of managing a hedge fund. Analysts will participate in meetings with senior management and perform extensive research on funds and industry trends, learning about hedge funds and the financial industry from an operational perspective.

• Analyst: Legal and Product Development

  The Legal and Product Development group plays a critical role in providing the best possible information to help hedge fund managers. Analysts work on a variety of projects, reviewing and summarizing key legal documents and analyzing fund and regulatory research.

• Analyst: Global Client Operations and Reporting Team

  The Global Client Operations and Reporting Team sits within BAAM’s Investor Solutions Group, providing essential infrastructure support across BAAM’s global platform and working as internal consultants. Among other things, the team aims to streamline, centralize and quality-control information delivered to clients, prospects and investment management consultants. The comparatively small size of the team offers employees the opportunity to work closely with senior investor relations/business development professionals, interface with all other BAAM teams and assume significant responsibility. Analysts provide an essential support role in an all-encompassing capacity to the rest of the team. Analysts are assigned as secondary contacts on a select group of clients and are responsible for supporting all aspects of the relationship with these investors. The comparatively small size of this group offers analysts the opportunity to work closely with senior team members, assume significant responsibility and play integral roles. Analysts at Blackstone often have the opportunity to participate in all aspects of projects and be staffed on a number of assignments at one time.

• Analyst: Investment Team

  The Investment Team uses a comprehensive approach to constructing portfolios, relying on investment-level analysis and macroeconomic perspectives. Analysts work on a variety of tasks, including modeling investment strategies, conducting macroeconomic research and analyzing risk to ensure Blackstone portfolios continually generate value for investors.

• Summer Analyst: Business & Financial Evaluation

  BAAM’s BFE team is responsible for performing initial and ongoing operational due diligence with respect to BAAM’s underlying hedge fund managers. BFE evaluates a manager based upon all non-investment aspects of the business, and specifically focuses on the operational risks associated with managing an alternative asset investment firm. A manager’s size and strategy, along with industry best practices are taken into account when performing this evaluation. Additionally, BFE supports BAAM’s various products and platforms, including BAAM’s hedge fund seeding platform and long only platform. BFE will also be involved in due diligence matters pertaining to other groups within Blackstone as needed.

  A Summer Analyst’s responsibilities will include a variety of tasks associated with the team’s evaluation of a hedge fund manager from an operational risk perspective. Specific tasks may include: participating in operational due diligence meetings on both hedge funds and hedge fund service providers, performing various types of research on the hedge fund industry (including regulatory, news sources, industry periodicals and ad hoc research projects), analyzing manager financial statements, performing queries to analyze industry trends, and preparing information for internal or client reports. The Summer Analyst will also be expected to assist with, and/or lead, as necessary, any ad hoc projects.

  In addition to working at one of the world's leading alternative investment firms, Summer Analysts gain the opportunity to access and learn about the dynamic and unique hedge fund market. Meetings are often conducted with CFOs, COOs, etc. of the respective funds, giving Summer Analysts exposure to seasoned industry professionals. The BFE team works closely with the COO, and other senior members of BAAM, leading to a fast-paced and exciting work environment.

• Summer Analyst: Global Client Operations and Reporting

  The Global Client Operations and Reporting Team sits within BAAM’s Investor Solutions Group, providing essential infrastructure support across BAAM’s global platform and working as internal consultants. Among other things, the team aims to streamline, centralize and quality-control information delivered to clients, prospects and investment management consultants. The comparatively small size of the team offers Summer Analysts the opportunity to work closely with senior investor relations/business development professionals, interface with all other BAAM teams and assume significant responsibility.

  Summer Analysts play an integral role in developing tools to assist the global Investor Solutions Group with on-boarding, branding, message control and efficiency. Responsibilities include maintaining standard marketing materials, developing a marketing language library, overseeing client reporting, managing BAAM’s entries into consultant databases and coordinating responses to consultant questionnaires. Summer Analysts may also assist in subscription and redemption processing and distribution of key client reporting.

• Summer Analyst: Legal & Product Development

  The Summer Analyst will work with BAAM’s Legal & Product Development team on a variety of different matters relating to hedge funds and hedge fund solutions. Primary job responsibilities include: review offering documents of underlying hedge fund managers and prepare summaries of key terms or issues relating to investments in hedge fund managers; assist in evaluation of manager terms and negotiation of side letters; assist in compiling various databases relating to Blackstone managers and Blackstone funds; provide support relating to the offering of any new funds or structured products; analyze manager and portfolio liquidity, fees, and other terms to produce internal and external reports; assess current and prospective regulatory risk through industry and government-focused research; and perform research on market trends within the hedge fund industry.

• Summer Analyst: Investment Team

  The Investment Team, comprised of Investment Research and Risk Management professionals, combines a top-down and bottom-up approach to portfolio construction by using both macroeconomic views and investment-level analysis to manage portfolios of hedge funds. The Investment Team is responsible for the sourcing, due diligence and ongoing monitoring of hedge fund managers, as well as asset allocation and portfolio construction.

  Due to the relatively small size of the professional staff, research teams are typically small and Summer Analysts are therefore expected to assume important and integral roles.

Human Resources

Human Resources acts as a strategic partner to all Blackstone businesses in fostering culture, developing talent, and strengthening the capability of our global team. In addition to hiring, integrating, assessing, training and rewarding employees, we provide a wide range of services and counsel – from Benefits to Employee Relations – that ensure Blackstone is an “employer of choice” and harnesses the full potential of our overall human capital. We look for HR professionals who can deliver strategic, creative, and commercial solutions in an entrepreneurial and dynamic environment.

Innovations & Infrastructure Technology

The Blackstone Innovations & Infrastructure Technology team seeks to drive improvements across Blackstone’s businesses through technology. Technologists thrive on the sharing of ideas while designing and building world class technology through an iterative process. The group facilitates individual growth through meritocracy and creating a challenging team-oriented environment. There are several exciting opportunities within the technology team including software development, database administration, storage and networking, information security and design.

Blackstone technologists play an integral part in helping to bring innovative technology solutions to a fast paced growing firm. If you are interested in technology we can offer exciting career opportunities.

Roles in Innovations & Infrastructure Technology

• Analyst: Business Analyst

  As a member of the Innovations & Infrastructure Technology team at Blackstone, you will work with a group of talented individuals in a highly team-oriented environment to create the next generation of innovative solutions for Blackstone and the financial community at large.

  Our Business Analysts are involved in the full development lifecycle and will work very closely with all stakeholders during the conceptual, design, development, quality assurance and production stages of each project. You will be expected to take ownership of specific functionality areas within our applications, and write detailed design documents to outline specifications, workflow and user interface. Then you will perform quality assurance tasks to ensure stability and thoroughness of the platform as you help manage each project with the technical lead and the developers and roll out the products to our users to ensure that we have met our goals.

  You will also be responsible for performing market research and analysis and conducting user interviews to identify specific areas of improvement as well as presenting designs of proposed functionality improvements to internal teams as well as clients.

• Analyst: Software Engineer

  Our Software Engineers are expected to take ownership of projects, determine technical design, and flush out business design holes with the business analysts and code and support the system. They serve as contributors during the concept and design phase, and are the project owners during the development, stabilization and support phases.

• Summer Intern: Business Analyst

  As a summer intern on the technology innovation team at Blackstone, you will work with a group of talented individuals in a highly team-oriented environment to create the next generation of innovative solutions for a growing business.

  Our Business Summer Analysts are involved in the full development lifecycle and will work very closely with all stakeholders during the conceptual, design, development, and production stages of each project. You will be expected to take ownership of specific functionality areas within our applications, write detailed design documents to outline specifications, workflow and user interface. Then you will perform quality assurance tasks to ensure stability and thoroughness of the platform as you help manage each project with the technical lead and the developers and roll out the products to our users to ensure that we have met our goals.

  You will also be responsible for performing market research and analysis and conducting user interviews to identify specific areas of improvement as well as presenting designs of proposed functionality improvements to internal teams as well and clients.

• Summer Intern: Software Engineer

  As a software engineer summer intern in the technology innovation team at Blackstone, you will work with a group of talented individuals in a highly team-oriented environment to create the next generation of innovative solutions for Blackstone. Summer Software Engineers are involved in the full development lifecycle. They will serve as contributors during the concept and design phase, and as the project owners during the development, stabilization and support phases. Summer Software Engineers will be expected to take ownership of projects, determine technical design, flush out business design holes with the business analysts and code and support the system. Success as a Summer Software Engineer on our team means delivering business value and great code.

Investor Relations & Business Development

Our Investor Relations & Business Development (IRBD) teams work directly with some of the largest and most sophisticated institutional investors in the world. IRBD team members support Blackstone investor relationships and manage all fundraising efforts, interfacing often with our other business groups to deliver value for our investors.

Roles in IRBD

• Analyst: Real Estate Investor Relations & Business Development

  The Real Estate Investor Relations & Business Development Team supports relationships with limited partners as well as fundraising efforts. The group has a significant interface with members of the firm’s global real estate group, legal/compliance department as well as other groups within the firm. An Analyst will assist with multiple projects at one time such as constructing investor presentations, assisting with investor due diligence requests, conducting market research, and supporting the fund closing process. An Analyst will be expected to understand the basic fundamentals of real estate investments, the global real estate environment, and private equity fund structures. An Analyst will also be exposed to legal issues associated with fund raising and fund documents.

• Analyst: Private Equity Investor Relations & Business Development

  The Private Equity Investor Relations & Business Development Team supports relationships with limited partners as well as fundraising efforts. The group has a significant interface with members of the firm’s global private equity group, legal/compliance department as well as other groups within the firm. An Analyst will model alternative fund structure, maintain a database of due diligence information, work on the deal summaries and due diligence processes, and draft updates to limited partners, private placement memoranda, and marketing materials.

• Analyst: GSO Investor Relations

  GSO Client Operations and will provide client service and support to Investors in all the various GSO Funds. The team liaises with numerous internal groups (Accounting, Legal, Operations, Compliance and Technology) and third party service providers (Fund administrators, etc.). Analysts will create and distribute Capital Call and Distribution Notices to limited partners.

• Analyst: BAAM Client Relations

  The Marketing Communications & Client Operations Team sits within BAAM’s Investor Solutions Group, providing essential infrastructure support across BAAM’s global platform and working as internal consultants. Among other things, the team aims to streamline, centralize and quality-control information delivered to clients, prospects and investment management consultants. The comparatively small size of the team offers employees the opportunity to work closely with senior investor relations/business development professionals, interface with all other BAAM teams and assume significant responsibility.

  Analysts provide an essential support role in an all-encompassing capacity to the rest of the team. Analysts are assigned as secondary contacts on a select group of clients and are responsible for supporting all aspects of the relationship with these investors. The comparatively small size of this group offers analysts the opportunity to work closely with senior team members, assume significant responsibility and play integral roles. Analysts at Blackstone often have the opportunity to participate in all aspects of projects and be staffed on a number of assignments at one time.

Blackstone Legal and Compliance

Legal and Compliance acts as a strategic business partner with Blackstone business and corporate teams to support the firm’s objectives, ensure regulatory compliance, minimize risk, and preserve the legal and ethical integrity of the firm:

• Our legal team provides advice and counsel to facilitate the firm’s investments, governance, and other objectives. Whether by assisting our investment professionals in negotiating investments, forming and marketing a fund or representing the firm in litigation, the legal professionals at Blackstone play an integral role in advancing the firm’s business and its relationships with clients, unitholders and regulators. 
• The firm’s compliance professionals are dedicated to protecting’s the firm’s reputation and managing legal, compliance and reputational risks.  By monitoring developments in jurisdictions around the globe, the compliance team provides informed and practical guidance that enables Blackstone to achieve its objectives appropriately while successfully navigating today’s increasingly complex regulatory environment.

Across Blackstone’s Legal and Compliance team, we look for professionals who have the drive, experience and judgment to be trusted advisors and who will be commercially effective and protect the reputation of the firm.

Private Equity

We operate one of the world’s largest private equity fund businesses. With an exclusive focus on friendly transactions, and on partnering with accomplished management teams to drive results, we have worked for more than 25 years to identify, invest in and enhance the value of great businesses.

Roles in Private Equity

• Analyst: Private Equity

  Blackstone’s private equity group expects analysts to assist in the direct acquisition of large and midsized companies across a variety of sectors worldwide. The investment process requires both the financial skills of investment banking and the strategic thinking of management consulting. As a result, this analyst program is a unique experience; our analysts develop a well-rounded business mind that is fine-tuned by the challenge of putting to work the firm’s and its professionals’ own money.

• Analyst: Investor Relations & Business Development

  The Private Equity Investor Relations & Business Development Team supports relationships with limited partners as well as fundraising efforts. The group has a significant interface with members of the firm’s global private equity group, legal/compliance department as well as other groups within the firm. An Analyst will model alternative fund structure, maintain a database of due diligence information, work on the deal summaries and due diligence processes, and draft updates to limited partners, private placement memorandum, and marketing materials.

• Associate: Private Equity

  Associates will work in a wide range of industries on potential investments, acquisitions, analysis of potential exit opportunities, and the monitoring and management of current portfolio companies. The relatively small size of this group offers Associates the opportunity to work closely with senior members of the firm and to have extensive interaction with management teams and external advisors. We look to attract post-MBAs to this position.

• Summer Analyst: Private Equity

  Blackstone’s private equity group offers Summer Analysts the chance to engage in the direct acquisition of large and midsized companies in a variety of sectors worldwide. The investment process develops both the financial skills of investment banking and the strategic thinking of management consulting. As a result, this Summer Analyst program is a unique experience among financial firms, enabling our Summer Analysts to develop a well-rounded business mind.

  Summer Analysts at Blackstone have the opportunity to participate in all aspects of projects and be staffed on a number of assignments at one time. Due to the relatively small size of the professional staff, Summer Analysts are able to assume integral roles on deal teams. Summer Analysts are involved with the development, structuring and financing of transactions and regularly attend internal meetings, negotiations and due diligence sessions.

  Typically, Summer Analyst work will include financial analysis, computer modeling, research, competitive analysis, assistance in the execution of transactions and drafting of memoranda for internal and external use. Summer Analysts will work on a wide range of transactions including acquisitions, divestitures, restructurings, recapitalizations, joint ventures and leveraged buyouts.

Summer Associate: Private Equity

Summer Associates will work on companies in a wide range of industries on potential investments, acquisitions, analysis of potential exit opportunities, and the monitoring of current portfolio companies. Summer Associates are involved in transaction due diligence, valuation analysis, and the negotiating of contracts and other agreements. The relatively small size of this group offers Summer Associates the opportunity to work closely with senior members of the firm and to have extensive interaction with management teams and external advisors.

• Summer Analyst: Investor Relations & Business Development

  Summer Analysts will be involved in supporting investor relations and potential fundraising efforts for the Private Equity business. Summer Analysts will model alternative fund structure economics, maintain a database of due diligence information, work on the deal summaries and due diligence processes, and draft updates to limited partners, private placement memoranda, and marketing materials. Summer Analysts will also be exposed to legal issues associated with fund raising and fund documents.

Private Wealth Solutions

Real Estate

Our real estate business is a global investor in a wide variety of property types. We acquire high quality assets, and then add value through the insight of our in-house experts and skilled real estate operators. We are also large investors in debt secured by high quality real estate assets.

Roles in Real Estate

• Real Estate Debt Strategies

  Professionals in the Real Estate Debt Strategies group participate in a wide range of real estate debt transactions, a critical Blackstone initiative started in 2008 following major shifts in the global real estate market. The work typically includes financial analysis and modeling, transaction and industry research and support in the execution of transactions.

• Real Estate Acquisitions

  Blackstone’s Real Estate Acquisitions group expects analysts to engage in the direct acquisition of large portfolios of real estate assets as well as individual properties worldwide. Typically, professionals work across a wide range of real estate transactions, working on real estate valuation analysis, computer modeling, competitive analysis, development of presentations, assistance in the execution of transactions, and drafting of memoranda for internal and external use. Professionals will work on a wide range of transactions including acquisitions, divestitures, restructurings, recapitalizations, joint ventures, and leveraged buyouts.

• Real Estate Asset Management

  Blackstone’s Real Estate Asset Management Group expects professionals to be engaged in all aspects of real estate asset management, including assistance with acquisition underwriting and asset visits, post-acquisition transition, strategy and execution of value enhancement strategies, asset valuation, budgeting and on-going underwriting, and analysis related to restructurings/recapitalizations, refinancing and disposition strategies.

• Investor Relations & Business Development

  The Real Estate Investor Relations & Business Development Team supports relationships with limited partners as well as fundraising efforts. The group has a significant interface with members of the firm’s global real estate group, legal/compliance department as well as other groups within the firm. Professionals multiple projects at one time such as constructing investor presentations, assisting with investor due diligence requests, conducting market research, and supporting the fund closing process. Professionals will also be exposed to legal issues associated with fund raising and fund documents.

Strategic Partners

Strategic Partners Fund Solutions is a leader in the secondary private equity market. Our goal is to provide institutional and individual investors the opportunity to monetize and manage their illiquid investment portfolios. We evaluate both single fund positions and complex, structured portfolios. We work hard to understand the unique circumstances of each transaction and offer thoughtful solutions. Through our global reach, extensive access to the private equity markets and deep relationships, Strategic Partners is a leading provider of liquidity in the secondary market.

Roles in Strategic Partners

• Summer Analyst

  Strategic Partners offers Summer Analysts a unique opportunity to achieve a valuable learning experience working in the secondary private equity industry. Summer Analysts in Strategic Partners develop an in-depth knowledge of company analysis and valuation. Through analysis of leveraged buyout, real estate, venture capital, mezzanine and distressed private equity funds, Summer Analysts gain exposure to a wide array of companies, industries and capital structures, and become accustomed to a variety of private equity funds and investment strategies. Strategic Partners Summer Analysts will be involved in extensive financial modeling of portfolio companies and funds, preparing memoranda presented to the Investment Committee and structuring and executing investments.

• Full-time Analyst

  Strategic Partners expects Analysts to participate and assist in the evaluating and closing secondary private equity transactions. As an Analyst in Strategic Partners, you will develop an in-depth knowledge of company analysis and valuation. Through analysis of leveraged buyout, real estate, venture capital, mezzanine and distressed private equity funds, you will gain exposure to a wide array of companies, industries and capital structures. In addition, you will become accustomed to a variety of private equity funds and investment strategies. Strategic Partners Analysts will be involved in extensive financial modeling of portfolio companies and funds, preparing memoranda presented to the Investment Committee and structuring and executing investments.

Tactical Opportunities

Few other alternative managers, if any, possess the experience and breadth of our investment platform. Our Tactical Opportunities team harnesses this competitive advantage by leveraging the synergies that exist across our businesses to source, execute and capitalize on investment opportunities that others cannot. Their highly flexible mandate allows them to pursue investments that fall outside our other alternative fund strategies.

Roles in Tactical Opportunities

• Analyst: Tactical Opportunities

  Analysts on the Tactical Opportunities work closely with the investment team on deals and investment opportunities. They will work alongside the research function in finding information sources, synthesizing data, and summarizing findings for the investment team. This is an opportunity for an extraordinary performer who has already mastered fundamental research skills through extensive personal investing, academic work and professional experience.

• Associate: Tactical Opportunities

  Associates on the Tactical Opportunities work closely with the investment team on deals and investment opportunities. They will work alongside the research function in finding information sources, synthesizing data, and summarizing findings for the investment team. This is an opportunity for an extraordinary performer who has already mastered fundamental research skills through extensive personal investing, academic work and professional experience.