Blackstone Infrastructure Partners - 2026 Associate

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 Infrastructure - 2026 Investment Associate, New York

Start Date:  Summer 2026

Business Unit Overview:

Blackstone Infrastructure is an active investor across energy, transportation, digital infrastructure and water and waste infrastructure sectors. We seek to apply a long-term buy-and-hold strategy to large-scale infrastructure assets with a focus on delivering stable, long-term capital appreciation together with a predictable annual cash flow yield. Our approach to infrastructure investing is one that focuses on responsible stewardship and stakeholder engagement to create value for our investors and the communities we serve.

Job Description:           

Blackstone Infrastructure makes long-term private equity investments across the transportation (e.g., ports, airports, roads, railways), digital infrastructure (e.g., data centers, fiber companies, cell towers), energy infrastructure (e.g., renewables and utilities), and water/waste sectors. Blackstone Infrastructure has a lean investment team and is looking for proactive, driven candidates who are seeking a role where they can have an outsized impact at large scale. Associates will have the opportunity to work across all Blackstone Infrastructure strategies.

Responsibilities:

Blackstone Infrastructure offers Associates the opportunity to have a traditional private equity associate experience in a fast-growing sector with the added benefit of increased exposure to value creation. Associates will play critical roles in the acquisitions of both new platform investments and add-ons as well as value creation within Blackstone Infrastructure’s portfolio of marquee infrastructure investments. Associates will work directly with analysts and senior investment and asset management professionals within the Fund.

Blackstone Infrastructure’s marquee platform investments include: 1) QTS, North America’s largest and fastest growing data center operator ($10Bn privatization), 2) Invenergy, the largest private renewables developer in the US, 3) Mundy’s, the world’s largest global toll road network and a leading airport operator, which we believe was the largest European LBO in history (€50Bn TEV), among many others.

The team contains investment professionals with a broad set of professional backgrounds, across generalist private equity and infrastructure investing, and prides itself on its transparent and collegial culture.

Qualifications:

Blackstone seeks to hire individuals who are highly motivated, intelligent and have demonstrated excellence in prior endeavors. The successful candidate should have:

• At least 2 years of relevant work experience in investment banking or private equity
• Experience in analyzing financial statements and conducting due diligence
• Exceptionally strong financial modeling skills
• Strong organizational and process management skills
• Effective communication skills, a demonstrated ability to write effectively
• A desire to work in a team environment, and the ability to think and work independently

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:

$140,000 - $140,000

Actual base salary within that range will be deter