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 $1.1 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. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, Twitter, and Instagram.
Blackstone MINT Program Overview:The Blackstone Military Internship Program is designed to provide transitioning Veterans an opportunity to work in the financial services industry before matriculating at a full-time MBA or JD program in the fall of 2025. The internship will include ~1 week of financial training and ~9 weeks of on-the-job experience. This internship is intended to be experiential with a focus on providing participants mentorship and key skills as they transition into the private sector.
Job Title:Summer Associate
Job Description:During the 10-week program, military interns will be able to receive hands-on experience within one of our Blackstone businesses, while acquainting themselves more broadly with financial markets and products and cultivating and expanding their professional networks. Interns will have the opportunity to meet with senior personnel at Blackstone as well as other military veterans working at Blackstone who have made the transition into financial services.
Responsibilities:Job responsibilities will vary depending on the business unit that veterans are placed into. However, the intern's work will encompass some or all of the following responsibilities:
- Financial modeling and analysis
- Investment valuations and return projections
- Market research and data mining
- Comparable sale / company analysis
- Developing presentations
- Drafting memoranda for internal and external use
- Analyzing extensive corporate and financial information, as well as conducting due diligence
Previous MINTs have interned within Private Equity, Real Estate, Portfolio Operations, Legal & Compliance, Finance, Government Relations, Private Wealth Solutions (PWS), Tactical Opportunities, Blackstone Credit & Insurance (BXCI), Blackstone Multi-Asset Investing (BXMA), and Blackstone Technology & Innovations (BXTi). Please reference the business descriptions below for more insight.
Qualifications:Blackstone seeks to hire individuals who are highly motivated, intelligent, have sound judgement, and have demonstrated excellence in prior endeavors. A basic familiarity with business strategy, finance and accounting is preferred, however no prior experience in investing is required. Candidates who are selected for the internship will be given access to materials intended to increase financial literacy to ensure a successful internship experience.The successful candidate should have:
- Strong communication and interpersonal skills
- A demonstrated ability to write effectively
- A desire to work in a team environment
- Excellent attention to detail
- Intellectual curiosity
- Good judgment
- A desire to contribute to a positive culture
- Demonstrated interest in global financial markets
To be considered for the 2025 Summer MINT program, applicants must meet the following criteria:
- Matriculating at a full-time MBA program in the fall of 2025 or in the first or second year of a Juris Doctorate program with an anticipated graduation date of May 2027
- BS/BA degree (required) with outstanding academic qualifications
- Served at least 4 years in the United States Armed Forces with an honorable or anticipated honorable discharge
- Resume must include expected graduation month/year (from MBA/JD program), undergraduate GPA and graduate-level standardized test scores (e.g. GMAT, GRE, LSAT etc.)
- 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.
Business DescriptionsPrivate Equity With $152 billion of assets under management, Blackstone's corporate private equity business has been a global leader since 1985. We uncover value by identifying great companies and enhancing their performance by providing strategic capital and outstanding management talent. We aim to grow stronger enterprises, create jobs, and enable our portfolio companies to build lasting value for our investors, their employees and all stakeholders.
Blackstone Real Estate Blackstone is a global leader in real estate investing. Blackstone's real estate business was founded in 1991 and has US $325 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).
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.
BXMA Blackstone Multi-Asset Investing (BXMA) manages $83 billion across a diversified set of businesses. We strive to generate attractive risk-adjusted returns across market cycles while mitigating downside risk. Our strategies include Absolute Return, which supports diversification, and multi-strategy, which invests opportunistically across asset classes, including direct investments.
Private Wealth Solutions Private Wealth Solutions was established to answer the growing demand for Blackstone products from high-net worth investors. Partnering with many of the world's largest private banks and wealth management firms as well as family offices, Blackstone's Private Wealth Solutions team packages and delivers the full breadth of Blackstone's alternative product capability to these firms and their clients and provides ongoing product and advisor support, as well as education and training around alternatives.
Tactical Opportunities Tactical Opportunities (Tac Opps) is Blackstone's opportunistic investment platform. The Tac Opps team invests globally across asset classes, industries and geographies, seeking to identify and execute on attractive, differentiated investment opportunities. As part of the strategy, the team leverages the intellectual capital across Blackstone's various businesses while continuously optimizing its approach in the face of ever-changing market conditions.
Blackstone Technology & Innovations Blackstone Technology & Innovations (BXTi) is the technology team at the core of each of Blackstone's businesses and new growth initiatives. Serving both internal and external clients, we work to build the next generation of systems that manage risk, create efficiency and improve transparency within the firm and across our broad community of investors and portfolio companies. BXTi is nimble and entrepreneurial - our open, iterative design processes and rapid pace of development mean that everyone on the team has the opportunity to make an impact from day one. We are problem solvers who can take projects from idea to implementation. We believe in active mentoring and developing excellence. We collaborate to find the best answers for our customers and for Blackstone. We are critical to the firm maintaining its competitive edge.
Government RelationsThe BX Government Relations team oversees all public policy analysis and advocacy for Blackstone. They manage political risk across the firm, providing analysis to our internal investment teams during the diligence process, advising portfolio companies and their executives, and engagement with governments and policymakers across the United States and the world.
Legal & Compliance Blackstone's Legal & Compliance Department provides legal services and guidance to the firm and implements the firm's compliance policies and procedures. Aside from supporting specific business units, the team also handles firm-wide initiatives like Personal Trade Requests, Outside Business Activities, and conflicts of interests.
Portfolio OperationsThe Portfolio Operations team partners with portfolio company CEOs and functional leaders to drive key value creation initiatives across the portfolio. Housed within Portfolio Operations, the Blackstone Advantage program helps portfolio companies make the most of the scale, expertise and network they can access once they join the Blackstone Community.
Internal AuditBlackstone's Internal Audit team provides independent and objective assurance to the Board of Directors and Executive Management team by evaluating that the businesses across the global platform are well-governed, operating effectively, and meeting risk management objectives. The team is guided by a philosophy of adding intrinsic value by improving the operations of the Firm and protecting its reputation. Internal Audit works collaboratively with Blackstone senior leadership to understand the requisite risks and to evaluate and contribute to effective governance, internal control, and risk management.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.
Expected annual base salary range:$110,000 - $110,000Actual base salary within that range will be determined by several components including but not limited to the individual's experience, skills, qualifications and job location. For roles located outside of the US, please disregard the posted salary bands as these roles will follow a separate compensation process based on local market comparables.Additional compensation: Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.Blackstone is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, disability, genetic predisposition, veteran or military status, status as a victim of domestic violence, a sex offense or stalking, or any other class or status in accordance with applicable federal, state and local laws. This policy applies to all terms and conditions of employment, including but not limited to hiring, placement, promotion, termination, transfer, leave of absence, compensation, and training. All Blackstone employees, including but not limited to recruiting personnel and hiring managers, are required to abide by this policy.If you need a reasonable accommodation to complete your application, please email Human Resources at ...@Blackstone.com.Depending on the position, you may be required to obtain certain securities licenses if you are in a client facing role and/or if you are engaged in the following:
- Attending client meetings where you are discussing Blackstone products and/or and client questions;
- Marketing Blackstone funds to new or existing clients;
- Supervising or training securities licensed employees;
- Structuring or creating Blackstone funds/products; and
- Advising on marketing plans prepared by a sales team or developing and/or contributing information for marketing materials.
Note: The above list is not the exhaustive list of activities requiring securities licenses and there may be roles that require review on a case-by-case basis. Please speak with your Blackstone Recruiting contact with any questions.To submit your application please complete the form below. Fields marked with a red asterisk * must be completed to be considered for employment (although some can be answered prefer not to say ). Failure to provide this information may compromise the follow-up of your application. When you have finished click Submit at the bottom of this form.