Blackstone Credit & Insurance - Chief Investment Office, Portfolio Management, 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, X, and Instagram.

Business Unit:

Blackstone Credit & Insurance (“BXCI”)

Business Unit Description:

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.

Job Title:

Associate

Job Description:              

The Portfolio Management Associate will work within the BXCI Chief Investment Office to manage all aspects of private & public credit investing for BXCI’s Multi-Asset Credit Platform, with a specific focus on BXCI’s multi-asset credit strategic partnerships and private funds.

The main areas of responsibility include:

• Portfolio Management

  • Partnering with asset class investment teams to implement strategic and tactical asset allocation decisions, including evaluating deployment opportunities in furtherance of overall portfolio objectives

  • Monitoring asset class valuations, market structure, and macro conditions to contribute to positioning recommendations

  • Assisting with management of fund liquidity, balance sheet positioning, and tracking of capital inflow / deployment pipeline

  • Developing and maintaining portfolio models, performance & risk analytics, and other relevant monitoring / reporting tools for portfolio management meetings

  • Supporting the onboarding of new partnerships and ongoing client service requirements in partnership with BXCI Institutional Client Solutions

  • Leading portfolio management process enhancements across automation initiatives, technology buildouts, and cross-function workflow optimization

• Portfolio Construction Research

  • Developing strategic asset allocation approach and customized proposals for multi-asset strategies subject to specific portfolio objectives and constraints

  • Assisting with research on tactical asset allocation factors and development of allocation signals

• Asset Class Research

  • Conducting research across private & public credit markets, including collaborating with dedicated sector investment teams to maintain real-time views on asset class characteristics and performance drivers

  • Contributing to firm-wide asset class reviews and development of sector views

Qualifications:                                 

Blackstone seeks to hire individuals who are highly motivated, have sound judgement and have demonstrated excellence in prior endeavors. In addition to strong analytical skills, the successful candidate should have:

• Bachelor’s Degree in Finance, Economics, Mathematics, Computer Science, or similar discipline (CFA or CAIA a plus)

• 3+ years of relevant investment experience (cross-asset investing or asset allocat