2025 Blackstone Real Estate Debt Strategies Investment Analyst

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 $ 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.

Blackstone is a global leader in real estate investing. Blackstone’s real estate business was founded in 1991 and has US $336 billion of investor capital under management. Blackstone is the largest owner of commercial real estate globally, owning and operating assets across every major geography and sector, including logistics, data centers, residential, office and hospitality. Our opportunistic funds seek to acquire undermanaged, well-located assets across the world. Blackstone’s Core+ business invests in substantially stabilized real estate assets globally, through both institutional strategies and strategies tailored for income-focused individual investors including Blackstone Real Estate Income Trust, Inc. (BREIT). Blackstone Real Estate also operates one of the leading global real estate debt businesses, providing comprehensive financing solutions across the capital structure and risk spectrum, including management of Blackstone Mortgage Trust (NYSE: BXMT).

At Blackstone, we look to attract and retain the brightest minds in the business, hiring professionals and students in every area of the firm. Our employees’ passion for their work and commitment to their clients have helped Blackstone become one of the most respected financial institutions and a trusted partner for some of the largest investors in the world. Blackstone’s Analyst Program offers learning and development opportunities to help advance our employees’ careers across a number of areas: investing skills, leadership and management, communication and technology, among others. The Program offers the ability to work with professionals across all business units, and a robust mentorship experience to allow the participants to be fully immersed in the Blackstone culture.

Blackstone’s Real Estate Debt Strategies Group offers Analysts the experience on a team of investment professionals whose work involves new loan originations to finance the acquisition or refinancing of portfolios of real estate assets and individual properties worldwide. Analysts at Blackstone have the opportunity to participate in all aspects of real estate debt investing and can expect to be staffed on a number of transactions at once. Due to the relatively small size of the professional staff, Analysts are expected to assume integral roles on deal teams. Analysts are involved with the development, structuring and financing of transactions and regularly attend both internal and external meetings, negotiations and due diligence sessions. Analysts in the Blackstone Real Estate Debt Strategies Group have the opportunity to participate in a wide range of European real estate debt transactions.

Analyst responsibilities may include:

• New loan originations
• Acquisitions of legacy loans, CMBS, and other forms of public and private debt
• Restructurings
• Recapitalizations

Specific responsibilities will include:

• Financial analysis and modeling
• Market research
• Competitive analysis
• Development of investment committee presentations
• Assistance in the execution of transactions
• Drafting of memoranda for internal and external use

What we look for:

Our people are our most valuable asset. They are highly skilled problem solvers who believe challenges represent opportunities. Together with the firm’s entrepreneurial spirit, their unique passions and backgrounds contribute to a diverse, creative and vibrant environment. We’re looking to hire 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:

• A demonstrated ability to write effectively
• Be a collaborative team player
• Excellent attention to detail
• Good judgement
• Perseverance and stamina
• Contribute to a positive culture
• Knowledge of accounting and finance and experience of investment banking are desirable, but not necessary.

The Principles that Matter Most:

Accountability, Integrity, Team Work. Everything we do is guided by these principles, which define our character and culture; they have been at the core of Blackstone since its inception. These enduring qualities are the shared convictions that we bring to our professional and personal conduct. They are a fundamental strength of our business.

Requirements:

To be considered for the Real Estate Debt Strategies Full-Time Investment Analyst role, applicants must meet the following criteria:

• Currently enrolled as an undergraduate or masters student
• Anticipated graduation date: 2025
• CV must include expected graduation month/year and grade
• CV must be in PDF format

Application Process:

Complete Pymetrics online gaming and video interview, face to face interviews, offer. Please note: This is a sample recruitment process; times and stages may vary between business areas and regions.

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.