Principal - Life Sciences Private Credit Origination

Blackstone; Cambridge (MA); On-site; USD 210,000 - 250,000; Full time

Job summary

Blackstone Credit & Insurance - PCS–Origination – Principal is seeking a senior professional to lead origination efforts, structuring complex private credit and royalty transactions in the Life Sciences sector, and to collaborate with portfolio companies and sponsors.

You will source deals, perform due diligence, build financial models in Excel, and present investment ideas to internal committees, with opportunities to influence across the capital structure.

Qualifications

• Bachelor’s degree in Finance, Economics, Business Administration, or related field required.
• Minimum of 6 years of experience in Life Sciences investing across IB, equity research, private credit or private equity.
• Extensive financial modeling using Microsoft Excel for royalty, credit, and operating models.
• Experience creating proprietary pharmaceutical revenue forecasts from primary research and literature reviews.
• Sourcing, underwriting, due diligence, and closing royalty monetization, synthetic royalty, and debt transactions in Life Sciences.
• Experience managing third-party diligence providers and negotiating bespoke royalty/credit agreements.
• Proficient in using Bloomberg, GlobalData, EvaluatePharma, and CapIQ for screening.
• Fund management experience including fundraising and portfolio construction is a plus.

Responsibilities

• Support BXCI’s Private Credit Strategies Group in growth financings and corporate transactions.
• Structure investments across the capital structure (debt, equity, royalty monetization).
• Develop both quantitative and qualitative investment skills across therapeutic areas and investment types.
• Participate in all aspects of the investment process, from sourcing to memos.
• Meet with management teams, perform due diligence, and prepare investment memos for committees.
• Collaborate with senior Blackstone members on multiple projects and manage multiple tasks.

Skills

Financial modeling

M&A experience

Credit investing

Private equity

Capital structuring

Education

Finance degree

Tools

Excel

Word

PowerPoint

Bloomberg

GlobalData

EvaluatePharma

CapIQ

Job description

Blackstone Credit & Insurance - PCS–Origination – Principal is seeking a senior professional to lead origination efforts, structuring complex private credit and royalty transactions in the Life Sciences sector, and to collaborate with portfolio companies and sponsors.

You will source deals, perform due diligence, build financial models in Excel, and present investment ideas to internal committees, with opportunities to influence across the capital structure.