Blackstone Group, The Internship Profile
- "A prestigious alternative"
Locations: Boston, MA; New York, NY; Atlanta, GA; Chicago, IL; Austin, TX; Los Angeles, CA
Number of Interns: Varies
Founded in 1985 with $400,000 in seed capital, The Blackstone Group is a leading global alternative asset manager and provider of financial advisory services. Its businesses include the management of private equity funds, real estate opportunity funds, hedge funds, funds of funds, debt funds, collateralized loan obligation vehicles and closed end mutual funds. The Blackstone Group also provides various financial advisory services that include mergers and acquisitions advisory, restructuring and reorganization advisory and fund placement services.
Because Blackstone has a relatively small number of professional staff members, interns take on many of the responsibilities that full-time analysts and associates assume. The small number of employees affords interns the opportunity to participate in many aspects of projects, often working on a number of assignments at one time.
Check online to find Blackstone’s recruiting schedule. If Blackstone does not visit your school, send in an application, resume and cover letter online by late November.
Summer analyst: open to rising college seniors. Summer associate: open to rising second-year MBA students. Blackstone seeks to hire individuals who are highly motivated, intelligent, and have demonstrated excellence in prior endeavors. In addition, strong analytical, quantitative and communication skills, a demonstrated ability to write effectively and a desire to work in a team environment, often under pressure, are required. Prior investment banking experience and a basic knowledge of accounting and ἀnance is desirable.