Blackstone Multi-Asset Investing (BXMA) - Multi-Strategy Platform, Associate at Blackstone

New York, New York, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Asset Management, Alternative Investments, Hedge FundsIndustries

Requirements

Demonstrated track record managing and/or recommending stressed/distressed credit investments
Familiarity with loan/bond documentation, collateral packages, intercreditor structures and covenant frameworks
Advanced accounting and financial modeling skills
Strong written and verbal communication skills; translate complex credit issues into clear recommendations
A well organized and disciplined approach to work effort
Strong analytical and quantitative skills
Active listening skills; integrates new information and develops investment recommendations
Strong emotional intelligence, professional integrity, and the intellectual curiosity to ask probing questions
Proactive, hands-on approach in a fast-moving, deal-driven environment
4+ years of direct credit-investment experience within a buyside platform
Deep understanding of capital markets, credit trading strategies, liability management tools, and restructuring processes used by alternative asset managers
Highly motivated, intelligent, with sound judgment and demonstrated excellence in prior endeavors
Strong analytical and time management skills

Responsibilities

Source and underwrite potential credit investments including high yield bonds, leveraged loans, distressed/special situations and bespoke capital solutions
Construct detailed financial models on individual securities
Draft and present investment memoranda
Monitor existing investments by maintaining company models and updating position-level investment scenarios and risk/reward expectations
Conduct research on the macro and micro factors that may impact potential investments
Serve as a key contributor driving direct credit investment opportunities across sectors and geographies
Generate improved direct sourcing capability
Enhance platform-wide returns through rigorous credit underwriting and active portfolio/position management

Skills

Deal Sourcing

Underwriting

Investment Analysis

Financial Modeling

Due Diligence

Equity Valuation

Fixed Income Analysis

Credit Analysis

Structured Investments

Blackstone

Global alternative asset management firm

About Blackstone

Blackstone is a leader in alternative asset management, focusing on private equity, real estate, and credit investments. The firm manages over $1.1 trillion in assets and partners with financial advisors to provide access to private markets, aiming to create strong businesses that deliver lasting value. Its main products, BREIT and BCRED, cater to income-focused investors, while the On-Demand Continuing Education Program helps educate investors on private market topics. Blackstone's goal is to identify economic trends and invest in industry-leading businesses to generate strong returns.

New York City, New YorkHeadquarters

1985Year Founded

$18,081.8MTotal Funding

UNKNOWNCompany Stage

Financial Services, Real Estate, EducationIndustries

5,001-10,000Employees

Risks

Increased competition in AI may lead to overvaluation and market saturation.

Potential regulatory scrutiny due to significant investments in diverse sectors.

Economic instability in Europe could impact returns from European investments.

Differentiation

Blackstone is a global leader in alternative asset management with $1.1 trillion AUM.

The firm specializes in private equity, real estate, and credit investments.

Blackstone partners with financial advisors to provide access to private markets.

Upsides

Blackstone's $300M investment in DDN shows a strategic pivot towards AI-driven growth sectors.

The €250M investment in Sia Partners expands Blackstone's footprint in AI consulting services.

Partnership with Jersey Mike’s indicates investment in established consumer brands with growth potential.

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