Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s over $1.3 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds.
2027 Blackstone Private Equity Off Cycle Intern
Blackstone
Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s nearly $1.2 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds.
Blackstone Private Equity
With $169 billion of assets under management, Blackstone’s corporate private equity business has been a global leader since 1985. We uncover value by identifying great companies and enhancing their performance by providing strategic capital and outstanding management talent. We aim to grow stronger enterprises, create jobs, and enable our portfolio companies to build lasting value for our investors, their employees and all stakeholders.
At Blackstone, we look to attract and retain the brightest minds in the business, hiring professionals and students across a wide range of disciplines. Our employees’ passion for their work and commitment to their clients have helped Blackstone become one of the most respected financial institutions and a trusted partner.
Blackstone’s Private Equity group offers Off Cycle Interns the chance to engage in the direct acquisition of large and midsized companies in a variety of sectors worldwide. The investment process develops both the financial skills of investment banking and the strategic thinking of management consulting. As a result, this internship program offers a unique experience among financial firms, enabling our interns to develop a well-rounded and fine-tuned business mind. Off Cycles at Blackstone have the opportunity to participate in all aspects of projects and be staffed on a number of assignments at once. Due to the relatively small size of the professional staff, Off Cycles can assume integral roles on deal teams. Off cycles are involved with the development, structuring and financing of transactions and regularly attend internal meetings, negotiations and due diligence sessions.
Off Cycle Intern responsibilities may include:
- Financial analysis and modelling
- Investment research
- Competitive analysis
- Assistance in the execution of transactions
- Drafting of memoranda for internal and external use
- Communications with portfolio company senior management
What we look for
Our people are our most valuable asset. They are highly skilled problem solvers who believe challenges represent opportunities. Together with the firm’s entrepreneurial spirit, their unique passions and backgrounds contribute to a diverse, creative and vibrant environment.
We’re looking 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):
- Strong communication skills
- A demonstrated ability to write effectively
- Be a collaborative team player
- Excellent attention to detail
- Good judgement
- Perseverance and stamina
- Contribute to a positive culture
Knowledge of accounting and finance and experience of investment banking are desirable, but not necessary.
Requirements
To be considered for the Private Equity 2027 Off Cycle role, applicants must meet the following criteria:
- Currently enrolled as an undergraduate or masters student
- Anticipated graduation date: 2026 or 2027
- CV must include expected graduation month/year and grade
- CV must be in PDF format
- Available to intern ideally for 6 months, starting in either January or July 2027
Application deadline
- Applications are reviewed on an ongoing basis
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.


