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 $ 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. Follow @blackstone on,, and .
Life Sciences Summer Senior Associate - 2026
Employer: Blackstone
Business Unit: Life Sciences
Location: Cambridge, MA
Job Title: Summer Senior Associate
Blackstone Life Sciences
Blackstone Life Sciences is an industry-leading private investment platform with capabilities to invest across the life cycle of companies and products within the key life science sectors. By combining scale investments and hands-on operational leadership, Blackstone Life Sciences helps bring to market promising new medicines and medical technologies that improve patients’ lives and currently has $14 billion in assets under management.
Job Description
Summer Senior Associates will work on potential investments, including sourcing and execution of such opportunities, and monitoring of current portfolio companies in the life sciences sector. Summer Senior Associates are involved in transaction sourcing, due diligence, valuation analysis, and negotiation of contracts and other agreements. The relatively small size of this group offers Summer Senior Associates the opportunity to work closely with senior-level members of Blackstone and to have extensive interaction with management teams and external advisors.
Responsibilities include:
* Investment research
* Financial analysis, valuation, and modeling
* Industry and competitive analysis
* Business and scientific due diligence
* Drafting of memoranda for internal and external use
Qualifications:
Blackstone seeks to hire individuals who are highly motivated and have demonstrated excellence in prior endeavors. In addition to strong analytical and quantitative skills, the successful candidate should meet the following qualifications:
* Strong written and verbal communication skills required
* Currently enrolled in an advanced, dual life sciences-business degree program (, MD/MBA); currently enrolled in a business degree graduate program (, MBA) and possessing undergraduate life sciences training; currently enrolled in a life sciences degree graduate program (, Masters) and possessing undergraduate training in business; or pursuing an advanced degree in a life sciences discipline (, MD or MD/PhD); .
* Experience in investment banking or consulting with a focus on life sciences and/or principal investing experience in a life science focused fund is considered a strong positive
* Physicians in residency or fellowship training with demonstrated interest in life sciences investing will also be considered.
If you do not meet these criteria, please see Blackstone’s Careers website for other opportunities that may be available, including other entry level positions.
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:
$175,000 - $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: Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.