Blackstone Credit & Insurance – Senior Associate

Role overview

Senior Associate on the Infrastructure and Asset Based Credit Team within Blackstone Credit & Insurance, working across the energy, utility and infrastructure space. Blackstone is the world's largest alternative asset manager, with over $1.3 trillion in assets under management across real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Blackstone Credit & Insurance (BXCI) is one of the world's leading credit investors, spanning private investment grade, asset-based lending, public investment grade and high yield, sustainable resources, infrastructure debt, CLOs, direct lending and opportunistic credit, and is a leading provider of investment management services for insurers.

Key responsibilities

- Lead transaction diligence and underwriting of new investments, and lead monitoring of portfolio operations across the energy, utility and infrastructure space.

- Prepare financial models, investment committee presentations and third-party briefing materials for investments within the Infrastructure and Asset Based Credit Team.

- Lead internal discussions evaluating the viability of potential investment opportunities and financing structures.

- Oversee analysts and associates on deal teams and monitor progress toward key milestones.

Qualifications

- Bachelor's degree (or foreign equivalent) in Engineering, Mathematics, Statistics or a related field.

- Minimum 3 years of experience building detailed financial models and cash flow pro formas in Excel and developing presentation materials in PowerPoint.

- Minimum 2 years of experience underwriting, conducting due diligence on and closing energy and infrastructure transactions across the United States.

- Minimum 2 years of experience analyzing companies across the energy value chain (exploration & production, midstream, services, refining, energy transition) using net asset valuation, DCF, LBO and sum-of-the-parts techniques.

Compensation

Expected annual base salary range: $160,000 - $215,000, plus discretionary bonus and, for certain employees, equity and other incentive compensation.