2026 Blackstone Credit & Insurance, Private Credit Strategies –Off Cycle Intern (London)

Overview

Blackstone is the world’s largest alternative asset manager. We seek to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s over $1.3 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries, and hedge funds. For more information, visit www.blackstone.com. Follow us on LinkedIn, X (Twitter), and Instagram.

Blackstone 2026 Private Credit Strategies – Off Cycle Intern

Blackstone Credit & Insurance

Blackstone Credit & Insurance (BXCI) is one of the world’s leading credit investors. Our investments span the credit markets, including direct lending, opportunistic credit, private investment grade, asset-based lending, infrastructure credit, and liquid credit and collateralized loan obligations. 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 capabilities in investment-grade private credit.

Job Description

At Blackstone, we attract and retain the brightest minds across disciplines. Off Cycle interns are generalists who participate in all aspects of projects and can expect to work on several assignments simultaneously, including live deal work. Due to the relatively small size of the professional staff, deal teams are typically small, and interns are expected to assume important and integral roles. Interns are intimately involved with screening, analyzing, and structuring investment opportunities and regularly attend internal and external meetings, negotiations, and due diligence sessions.

Responsibilities

• Due diligence, financial analysis and modelling
• Market research and benchmarking against market and macroeconomic conditions
• Competitive analysis
• Development of presentations
• Assistance in the execution of transactions
• Drafting of investment memoranda for internal and external use
• Analysis and modelling of deal performance
• Lead specific research projects focused on particular industries or companies

Blackstone Credit & Insurance Group is looking to hire Off Cycle Interns into the Private Credit Strategies team.

Private Credit Strategies

Off Cycle Interns in Private Credit Strategies gain exposure to a wide range of European credit transactions and assist with our existing portfolio of investments, providing impactful insight and analysis to key internal and external stakeholders, including Portfolio Managers, Chief Investment Officers, and investors.

Prior internship experience in investment banking, private credit, or equivalent is desirable but not required.

What we look for

Our people are our most valuable asset. They are highly skilled problem solvers who view challenges as opportunities. We seek individuals who are highly motivated, intelligent, and have demonstrated excellence in prior endeavors. In addition to strong analytical and quantitative skills, the successful candidate should have:

• Strong communication skills
• Demonstrated ability to write effectively
• Collaborative team player with a solid work ethic
• Excellent attention to detail
• Good judgment
• Contribution to a positive culture
• High interest in investing

These principles guide our character and culture and are a fundamental strength of our business.

Requirements

To be considered for the 2026 Credit & Insurance Off Cycle Intern role, applicants must meet the following criteria:

• Currently enrolled as an undergraduate or master's student, or recent graduate
• Anticipated graduation date: 2025 to 2027
• CV must include expected graduation month/year and grade
• CV must be in PDF format
• Available to complete an internship for 6 months beginning in September 2026 (start date flexible)

Application

Application deadline: Rolling basis; applications close on 31 July.

The duties and responsibilities described are not exhaustive and may change at any time. Blackstone reserves the right to adjust assignments, duties, or responsibilities as needed.

Blackstone is committed to equal employment opportunities for all applicants and employees. 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).

Note: You may be required to obtain certain securities licenses if you are in a client-facing role. This may include activities such as attending client meetings, marketing Blackstone funds, supervising licensed personnel, structuring funds/products, or contributing to marketing materials. Please speak with your Blackstone Recruiting contact with any questions.

You will not be eligible to participate in Blackstone’s health and other insurance benefit programs.

We may use an AI screening tool to help with the initial review of applications. If you are not selected to move to the next stage, you may request a re-review of your materials by emailing EMEACampusApplicationReview@blackstone.com and referencing the position applied for.