Can You Lateral from Blackstone Credit & Insurance Ops SA to Private Credit Investment FT?

Hi all — Would appreciate any insight on this.

If one takes a 2026 Blackstone Credit & Insurance – Operations Summer Analyst role (a different role from Private Credit Strategies SA), is it possible (and how difficult is it) to convert or lateral into a Private Credit Strategies Investment Analyst full-time role?

I know Blackstone tends to be pretty siloed, but I’m hoping to hear if anyone has successfully made this transition or has insight into how feasible it is internally.

Quick comparison of the roles:

Ops SA – BX Credit & Insurance

• Supports Investment Ops across BXCI: Liquid, Private Credit, Infrastructure, etc.
• Handles pipeline tracking, trade processing, liquidity needs, compliance
• Middle/back office focus – infrastructure and process improvement
• Analysts take on special projects and work with senior mgmt

Private Credit Strategies SA 

• Direct involvement in credit underwriting, modeling, and investment memos
• Fundamental credit analysis on private deals (LBO/downside case, etc.
• Close work with deal teams, origination, and portfolio mgmt
• Feeds directly into full-time Private Credit Investment Analyst roles

My Questions:

• Can an Ops SA convert into a Private Credit Investment FT role internally after internship?
• If so, what’s the actual process — internal interviews? senior referral?
• Is this rare or completely off-limits?
• Or should I treat the Ops SA like a standalone path with minimal mobility to investment teams?

Background:
For someone who is ultimately interested in direct investing roles (like Private Credit), I’d like to know if performing well and networking during the internship gives me any real shot at converting or pivoting later.

Thanks in advance for any thoughts — especially from anyone who’s seen this move happen or tried it themselves.