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 Overview:

Blackstone Multi-Asset Investing (BXMA) manages $101 billion across a diversified set of businesses. We strive to generate attractive risk-adjusted returns for our clients across market cycles. Our strategies include Absolute Return, Multi-Strategy, Total Portfolio Management, and Public Real Assets.

Job Description:
This role involves working closely with the Equity Capital Markets (ECM) and Blackstone Multi-Strategy Investing (MSI) teams to originate, structure, value, hedge, and trade equity-linked securities, including convertible bonds and corporate derivatives. The position also requires collaboration with the broader MSI team on event-driven strategies, capital structure arbitrage, merger arbitrage, and liquid credit opportunities.

This role offers the opportunity to work on complex transactions and collaborate across multiple teams to drive innovative solutions.

Responsibilities:

• Equity-Linked Securities Expertise: Originate, structure, and execute transactions involving convertible bonds, corporate derivatives, and other equity-linked securities.

• Valuation & Trading: Leverage expertise in convertible bond valuation and trading to support deal execution and risk management.

• Hedging Strategies: Develop and implement hedging strategies for equity-linked securities to optimize risk-adjusted returns.

• Event-Driven Strategies: Collaborate with the MSI team to identify and execute opportunities in event-driven strategies, including merger arbitrage and capital structure arbitrage.

• Liquid Credit: Work on liquid credit strategies, integrating equity-linked securities expertise with broader credit market opportunities.

• Cross-Team Collaboration: Partner with ECM and MSI teams to align equity-linked securities strategies with broader investment objectives.

Qualifications:

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

• 3+ years of experience in an equity capital markets role, specializing in convertible bonds and/or corporate derivatives.

• Deep expertise in equity capital markets and a strong understanding of convertible bonds, derivatives, and event-driven strategies.

• Capable of identifying and capitalizing on event-driven opportunities across equity-linked securities and broader capital markets.

• Track record of working effectively across teams in a dynamic environment.

• Excellent communication and presentation skills with strong ability to form professional relationships.

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:

$150,000 - $175,000

Actual 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 and benefits offered in connection with the role consist of comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits; paid time off; life insurance; 401(k) plan; and discretionary bonuses. Certain employees may also be eligible for equity and other incentive compensation at Blackstone's sole discretion.

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 contact Human Resources at 212-583-5000 (US), +44 (0)20 7451 4000 (EMEA) or +852 3656 8600 (APAC).

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.