Blackstone Credit & Insurance, Liquid Credit Strategies - Principal

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.

Blackstone Credit – Liquid Credit Strategies (CLO Portfolio Management), Principal

Business Unit:

Blackstone Credit

Business 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: Principal

Job Description:             

The Liquid Credit Strategies Team (“LCS”) manages $114 in AUM across diversified portfolios of fixed

income investments, primarily consisting of senior secured floating rate bank loans and high yield bonds

of non-investment grade companies. The group manages and sub-advises 166 funds accounts in US and

Europe, including Collateralized Loan Obligations, Separately Managed Accounts, Commingled Funds,

Closed End Funds and Business Development Companies. LCS also invests in the debt and equity tranches

of CLOs.

LCS is seeking an experienced investment professional to join the Portfolio Management team of

Blackstone’s leading CLO Franchise with $35B of CLO assets across 70+ portfolios, and partner with the

credit analyst team and traders to identify trade opportunities to drive relative value, risk management,

and portfolio performance.

The successful candidate will have a deep understanding of credit analysis and loan market/trading and

will leverage strong analytical skills and excellent communication skills to effectively collaborate with

various stakeholders.

Key responsibilities include:

• Constructing model portfolios that meet return hurdles with appropriate levels of risk
• Partnering with the investment team to develop trade ideas and identify emerging risks in the portfolios 
• Generating thematic portfolio trades -- ratings, sector, yield etc.
• Liaising between the research, capital markets and trading teams

Qualifications:                              

Blackstone seeks to hire individuals who are highly motivated, intelligent, have sound judgment and have demonstrated excellence in prior endeavors. Candidate should be a team-oriented individual who thrives on challenge in a dynamic environment. The successful candidate must have:

• A Bachelor’s degree is required. MBA or CFA preferred
• 7+ years of experience in credit portfolio construction and management and/or trading
• Strong judgement and ability to prioritize and manage short and long term initiatives
• Self starter mindset with ability to operate in a dynamic environment
• Excellent communications skills and ability to write clearly and concisely

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 di