Anyone know anything about the group other than what's posted on their website? - Vehicles with Negotiated Fee Discounts:+ Based on negotiations completed through 2013+ Includes both beneficial fees exclusively negotiated for BAAM and beneficial fees applicable to some or all other investors where BAAM participated in the negotiations+ Negotiated benefits to BAAM funds will fluctuate depending on related AUM, - Seeding Platform Funds (Seed Transactions):+ Includes all underlying managers seeded by the Blackstone Strategic Alliance Funds. Typical superday in the office with 4 1 on 1 interviews. I interviewed at The Blackstone Group in Jan 2011. Earlier this month BAAM hired former hedge fund manager Scott Bommer to run the newly launched Blackstone Horizon platform, which will invest in money managers targeting fast-growing private and public companies. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. hedge funds require less SEC regulations. I applied through college or university. First question should i consider moving. So there is a difference then? Quite frankly I don't know why I was brought in, maybe to cross off a minority interview quota? I interviewed at The Blackstone Group in Jan 2011 Interview I had a great experience. I had a chance to meet about 7 of the people I will be working with, all of which were really friendly and easy to talk to. What they do on a day-to-day basis, what they're looking for, exit opps? Blackstone BAAM- FoF? Their experience and networks will help us make better. Additionally, the case analyzes evolving business models and value propositions within the fund of hedge funds industry. Flipping a coin infinitely many times, does the pattern HHT or HTH is more likely to appear? can issue an unlimited number of shares, open end shares do not trade on exchanges and are priced at their portfolio's net asset value at the end of each day, portfolio of pooled assets that raises a fixed amount of capital through an IPO and then lists acres for trade on a stock exchange, after the IPO, the fund's parent company issues no additional shares, tends to be actively managed unlike most ETFS or index mutual funds, what offers better returns, open or closed end, closed end funds offer higher returns, but not as liquid as open end funds, compliance processes, valuation techniques, IT infrastructure, business continuity and disaster recovery planning, cash management controls and quality of 3rd party service providers, what are the operational due diligence framework style buckets, what documents should you request from a hedge fund manager, pitch book, investment mandate, and performance track record. 101 Investment Banking Interview Questions, 2014 Alpha Summer - BAAM's J. Tomilson Hill, Certified Non-profit Professional - 3rd+ Year Associate, Certified Private Equity Professional - Vice President, Financial Modeling & Valuation 2-Day Bootcamp OPEN NOW - Only 15 Seats, Venture Capital 4-Hour Bootcamp - Sat April 1st - Only 15 Seats, Excel Master 4-Hour Bootcamp OPEN NOW - Only 15 Seats, Venture Capital 4-Hour Bootcamp - Sat May 20th - Only 15 Seats, 6 courses to mastery: Excel, Financial Statement, LBO, M&A, Valuation and DCF, Elite instructors from top BB investment banks and private equity megafunds, Includes Company DB + Video Library Access (1 year). Please help me with referal. First round was on campus and then went in for a superday where they asked various investment strategies and how i would personally pick a hedge fund. - Colonel Sanders, Experience is simply the name men give to their mistakes. The process took 2 weeks. ". Updated For 2023 Interviews. One of my dream jobs. Copyright 2022 BlackStone Tutors. The process took 5 days. or Want to Sign up with your social account? The process took 2 weeks. Value Propositions In The Fund Of Hege Funds Industry, "Blackstone Alternative Asset Management. The process took 2 weeks. I had a great experience. In the context of the current fund of hedge funds industry, the case considers challenges and opportunities for these potential new areas for growth. Total YOE : 4.5. How do monsoons differ from shamals and What is the probability that one appears before the other? Additionally, the case analyzes evolving business models and value propositions within the fund of hedge funds industry. I felt like everyone was very open, energetic, and had only good things to say about working there. Sorry, you need to login or sign up in order to vote. Glassdoor has millions of jobs plus salary information, company reviews, and interview questions from people on the inside making it easy to find a job thats right for you. What should I make of this, what would it be like, and how is it viewed? and Blackstone Alternative Solutions L.L.C., BAAM's affiliated advisors. All Rights Reserved. WSO depends on everyone being able to pitch in when they know something. Analyst, BAAM IRBD Interview Anonymous Interview Candidate in New York, NY No Offer Negative Experience Easy Interview Application I applied through a recruiter. In January it hired former Brown University endowment. or Want to Sign up with your social account? or real AM (Originally Posted: 11/28/2011), Their descriptions is a big vague in that their PMG 'selects hedge fund managers for their portfolios, but also constructs BAAM's own portfolio's". They do some interesting stuff in terms of HOW they create the portfolios, but in the end, it's still a FoF. I interviewed at The Blackstone Group (New York, NY) in Jan 2015. But for a true "stock picker" or a manger that truly understands how to manage risk and return through stock or investment selection, will over time create real value of alpha for his clients, the trick is understanding what the manger does and finding a manger that can do it. make sure is audited by an accredited accounting firm, what are the two structures of hedge funds. (Originally Posted: 11/26/2014). Omnis reprehenderit similique quidem optio possimus voluptas amet. what does manager seeding and general partner ownership mean? 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. Some of its most prominent successes include Senator Investment Group, New Mountain Capital, Francisco Partners and Leonard Green. I interviewed at The Blackstone Group (New York, NY) Interview Was contacted by a recruiter, came in 2 weeks later. I had a phone interview first that took 30 minutes and was mostly fit. - Number of Negotiated Structures / Transactions:+ Data as of 1/1/14. Please help me choose the right organisation Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Optio at architecto ea molestiae. Hi , i joined ey gds on xx feb 2022, now have received a offer from blackstone coe at 40% hike. We do this by using extraordinary people and flexible capital to help companies solve problems . - Largest discretionary allocator to HFs in the world+ over $20 bn larger than the next largest fund of hedge funds competitor, - Separated from traditional competitors+ 31% AUM CAGR since 2001 for BAAM, compared to 13% for other fund of funds over $1 billion+ 18% AUM CAGR since the end of 2008 for BAAM, compared to 5% for other fund of funds over $1 billion, - Meaningful business diversification and product innovation+ One of the largest hedge fund seeders in the world over $2.6 billion deployed over 2 funds+ Creation of Special Situations Investing Group $5.4 billion deployed+ LongOnly solution business utilizing hedge fund talent $3.4 billion in AUM+ Significant growth opportunity in the liquid registered fund market $1.5 billion raised to date+ Purchasing of GP interests in established hedge funds closed on $1.4 billion, expected to close on up to $3 billion in total, - Institutional composition of BX's client base provides the business with stability+ Emphasis on transparency, knowledge transfer and investor education+ Institutional investor base allows for customization and innovation, - Flows from existing investors remain the majority of BAAM's gross external inflows, - BAAM has maintained strong financial performance across major metrics, - Industry Dynamics Have Supported BAAM's Rapid Growth, - Hedge Fund investor base is now predominantly institutional, - BAAM expects individuals to return, albeit a different market segment (retail) requiring more liquid, regulated investment vehicles, - Pension Funds are increasing allocations to hedge funds:+ A majority of institutions, including pension plans, endowments, foundations and insurers, reported increased hedge fund holdings last year+ Pension funds, in particular, are increasing their hedge fund investments, with over 60% of them having increased such holdings in 2012+ 65% of investors, including 79% of institutions, targeted returns between 5% and 10% for their hedge fund investments in 2013, - DoddFrank, Basel III, and other global regulatory changes are reducing the ability of investment banks, commercial banks, and insurance companies to compete with hedge funds, - Human capital is leaving the sell side as it is forced to reduce capital allocation to opportunistic and quantitative trading strategies, thus increasing the flow of top talent to hedge funds, - The market recovery has heightened entrepreneurial ambitions for talented asset managers seeking the most favorable compensation structures, - Total capital invested in hedge funds exceeded $2 trillion for the first time in 2012, - Hedge funds represent less than 2.0% of global financial assets, - Average 10year rolling Sharpe ratio of 1.2 for the HFRI Composite, - Since the institutionalization of BAAM's business in 2000, on an annualized basis the BAAM Principal Solutions Composite is up 6.77%, outperforming: + HFRI FOF Composite Index (+3.77%)+ HFRX Global HF Index (+3.56%)+ MSCI ACW TR Index (+3.19%)+ S&P 500 TR Index (+3.60%). You can't do business from there." a hedge fund can invest in anything- real estate, commodities, stocks, derivatives and currencies, and hedge funds often use leverage, return above the market return for a given period. 3.2,3.2,3.5,3.7,3.43.2,3.2,3.5,3.7,3.4 The business oversees $7.4 billion in assets. Explain in a sort of case study format of how you would go about deciding whether to invest in a hedge fund (baam is a fund of hedge funds, not a hedge fund itself remember). See here for a complete list of exchanges and delays. 150+ Past Interview Questions & Model Answers. New York, March 15, 2021 - Blackstone (NYSE:BX) today announced that Scott Bommer has joined the firm as the Chief Investment Officer of the new Blackstone Horizon platform, an initiative being launched by Blackstone Alternative Asset Management (BAAM). Gravity. Learn More $80B Investor Capital Under Management 26+ Year Track Record 115 Molestiae perspiciatis ut et necessitatibus. At BlackStone Tutors, we have a very simple mission to provide consistently excellent examination and application assistance to students throughout the world. Has anyone interviewed with either of these groups before and can shed some light? Accenture 16 LPA ( Including 2.59 Lakh as variable pay) Find a Great First Job to Jumpstart Your Career, Stand Out From the Crowd With the Perfect Cover Letter, How to Prepare for Your Interview and Land the Job. All quotes delayed a minimum of 15 minutes. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Pre-recorded video interview that took 15-20 mins with a couple of questions. simooms? The process took 2 weeks. I interviewed at The Blackstone Group (New York, NY). It will be lower for managers that act like big indexers because alpha has been arbitraged out. Glassdoor has millions of jobs plus salary information, company reviews, and interview questions from people on the inside making it easy to find a job thats right for you. Sounds like this is for the sophomore summer program. Blackstone Alternative Asset Management (BAAM), Blackstone's Hedge Fund Solutions platform, is the world's largest discretionary investor in hedge funds, with approximately $80 billion in assets under management. Full database access + industry reports: IB, PE, HF, Consulting, 25k Interviews, 39k Salaries, 11k Reviews, IB, PE, HF Data by Firm (+ more industries). Mostly behavioral questions and a few specifically on operational due diligence and roles within hedge funds. Count includes customized vehicles, vehicles with negotiated fee discounts, seeding platform funds and coinvestment deals that occurred during each year presented.+ Volume does not double count (i.e., where a vehicle is customized capacity and has a negotiated fee discount, that vehicle is counted only once). All Rights Reserved. I had interviewed in the past for a Real Estate IRBD role and this team was the complete opposite, very friendly and eager to interview me. I know that BAT is different from BFE, but not exactly sure how. Mostly fit interview. Blackstone BAAM (Originally Posted: 03/03/2013). Some of the technicals were difficult, but the interviewers were very patient and mostly looked at your approach to the problem. The process took 2 weeks. I applied through college or university. At the time of the case, BAAM was considering two potential directions for future growth: 1) providing hedge fund products for the defined contribution pension space, and 2) beginning direct internal "manufacturing" of investments. There were around 5-8 questions that asked you about yourself, the company, current interests, and how you would solve problems. And what attracts you to the FoF space? Job title almost similar . Opens the Fishbowl by Glassdoor site in a new window, Real Estate Debt Strategies Summer Analyst (3), Real Estate Private Equity Summer Analyst (3). Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. Blackstone BAAM? Reporting by Svea Herbst-Bayliss; Editing by Dan Grebler. Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. They're the world's largest fund-of-funds. Can you tell me more about your last work experience? I am having 7YoE in accounts and finance. I interviewed at The Blackstone Group in Jan 2011. Everything on there should have a story behind it. I then had one more slightly longer phone interview, followed by a final interview in New York. Position: 2024 Blackstone BAAM, Investment Summer Analyst<br><p>Blackstone is the world's largest alternative asset manager. - Oscar Wilde. Something you have been keeping up with and how you remain updated. J. Tomilson Hill, CEO of BAAM and Vice . This was not necessary in my interview but I've found that always helps. The process took 2 weeks. 3.2,3.2,3.5,3.7,3.4, provide access to alternative investment strategies through portfolio hedge funds, registered liquid funds, direct investing, manager seeding and general partner ownership. Interview Tutorials & Structured Techniques. Repellendus corporis aut possimus non cum. Interviews BAAM BAAM Status: at Blackstone Group Group/Division/Type: City: New York, United States Interviewed: March 2011 Overall experience Positive Difficulty Difficult General Interview Information Outcome No Offer Interview Source College / University / On Campus Recruiting Length of Process Less than 1 month Interview Details 11+ Online Interview Question Bank1 Month Subscription (29.99), 11+ Online Interview Question Bank3 Month Subscription (34.99), 11+ Online Interview Question Bank6 Month Subscription (39.99). 2005-2023 Wall Street Oasis. Attempt a free sample of 11+ Questions here., 11+ Interview Tutorials & Structured Techniques. Blackstone Alternative Asset Management (BAAM) manages approximately $80 billion across a diversified set of businesses, including a customized portfolio solutions business, a special situations . 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. BAAM has produced attractive risk-adjusted performance - Since the institutionalization of BAAM's business in 2000, on an annualized basis the BAAM Principal Solutions Composite is up 6.77%, outperforming: + HFRI FOF Composite Index (+3.77%) + HFRX Global HF Index (+3.56%) + MSCI ACW TR Index (+3.19%) + S&P 500 TR Index (+3.60%) Ea totam illum et maiores delectus. Know your resume inside and out, otherwise you will get stumped. This employer has not claimed their Employer Profile and is missing out on connecting with our community. Hill will step back from the day-to-day operations and transition to a new role as chairman of BAAM, maintaining strong investor relationships and providing strategic advice to the senior management team. provide access to alternative investment strategies through portfolio hedge funds, registered liquid funds, direct investing, manager seeding and general partner ownership. Everything on there should have a story behind it. WSO Content & Social Media. The unit makes minority investments in a general partners underlying management company. I interviewed at The Blackstone Group Interview Pre-recorded video interview that took 15-20 mins with a couple of questions. BOSTON (Reuters) - Blackstone Group said on Friday that Scott Soussa, who co-heads the hedge fund and private equity stakes business, has decided to leave the firm and that Mustafa Siddiqui, who co-heads the business, will be the sole head of the Strategic Capital Holdings unit. Very friendly people all gave great reasons as to why they have stayed at Blackstone. - Customized Capacity Vehicles:+ Includes funds where BAAM is the sole external investor and funds with which BAAM has negotiated guaranteed capacity. Very tough to break into. Flipping a coin infinitely many times, does the pattern HHT or HTH is more likely to appear? Exclusive Insight From 11+ Interviewers. This employer has not claimed their Employer Profile and is missing out on connecting with our community. Payments are made through our secure external payment provider. People were very dry and barely asked anything of substanceexplain your background but nothing about my previous projects, skills, personality or the hedge fund industry/markets/strategies. Blackstone is the worlds biggest investor in hedge funds and its BAAM unit manages $79 billion in assets. As you have learned, facilitating a productive meeting requires skills that may be critical to your career success. Make sure to research what specifically this team does and how operational due diligence works specifically at Blackstone. Know your resume inside and out, otherwise you will get stumped. - CoInvestments (BSOF Transactions):+ Includes deals that have been funded by Blackstone Strategic Opportunity Funds or approved for investment as of 12/31/2013.+ Deals that have been approved for investment but not yet funded are not included in the percentage of BAAM AUM in negotiated structures. Contribute to the database and get 1 month free* Full online access! BAAM BFE Summer Interview Anonymous Employee in New York, NY Accepted Offer Positive Experience Average Interview Application I applied through college or university. No Reproduction Without Prior Authorizations. Expert tips from current & past 11+ Interviewers. As requested by @MBAGrad2015" in my previous post (about GSO) and several other users who pm-ed me about BAAM, I decided to start another "demystifying" thread - the Blackstone's 2014 Hedge Fund Solutions (BAAM) overview. What exactly does BAAM do? ask about past experiences, how his or her strategy has changed and what his or her vision is for the future, inability to attract sufficient AUM to cover overhead, poor work culture, what are some regulatory and compliance risks, making sure all assets are fairly valued in accordance with US GAAP, make sure portfolio manager has nothing to do with valuation process, poor controls on the movements of cash, understand from what accounts expenses get paid and whether or not the administrator oversees those payments. Nice job! Veniam ipsam ab nihil natus. Dolorem ipsa sapiente temporibus autem. Tell me about yourself. I honestly have no clue why they even gave me an interview, I just applied for the sake of it. Was interviewed for 15 minutes by 2 MDs and 1 VP. Besides the fund size, what makes it your dream job? Blackstone is the world's biggest investor in hedge funds and its BAAM unit manages $79 billion in assets. hedge funds are alternative investments using pooled funds that employ different strategies to earn alpha for their investors. Want Access to these Blackstone Group Interview Insights? MAQ Software with 13.5 LPA There were around 5-8 questions that asked you about yourself, the company, current interests, and how you would solve problems. What is the probability that one appears before the other? Kept digging and asking more and more questions about what I did there. Real Estate Debt Strategies Summer Analyst (3), Real Estate Private Equity Summer Analyst (3), The Ultimate Job Interview Preparation Guide. I would ask for the fund's legal documents for onshore and offshore vehicles, organizational chart and biographies of key personnel, marketing deck, performance history, net assets history, history of AUM, last two years of audited financial statements, valuation policy, compliance manual etc, I would then conduct on site due diligence to interview key personnel, see how the firm operates on a day to day basis, contact the fund administrator to confirm all the information is valid, then write an assessment of the non investment risks, weigh them alongside instrument related risks against the expected return of the investment. Private Equity, Asset Management, Hedge Funds, Investment Banking. I had a great experience. Interview Questions Tell me about yourself. I interviewed at The Blackstone Group (New York, NY) in Oct 2015 Interview On completing your purchase, you will subsequently be redirected to the BlackStone Tutors website with instant access to the BlackStone Tutors 11 Plus Interview Question Bank. John P. McCormick will succeed J. Tomilson Hill as president and chief executive of Blackstone Alternative Asset Management (BAAM.) As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. Asked in depth questions on the resume. We are incredibly grateful to Scott for his significant contributions in building our successful stakes business, said Blackstone President Jon Gray, adding that he was promoting Siddiqui and naming firm veteran Mike Nash to a new role. build customized portfolios of alternative investment strategies, institution caliber investment exposures to individuals and their financial advisors in easily accessible, registered funds, liquid, open end and closed end funds, directly invest in special situations and other differentiated opportunities. I had a phone interview first that took 30 minutes and was mostly fit. I interviewed at The Blackstone Group (New York, NY) in Jan 2015. Anonymous Interview Candidate in New York, NY, I applied online. On Fishbowl, you can share insights and advice anonymously with The Blackstone Group employees and get real answers from people on the inside. Et sed numquam sequi nemo. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file. Position: 2024 Blackstone BAAM, Due Diligence/Investment Operations Summer Analyst<br><p>Blackstone is the world's largest alternative asset manager. Be the first to find this interview helpful, What are some red flags when performing operational due diligence, Real Estate Debt Strategies Summer Analyst (3), Real Estate Private Equity Summer Analyst (3), The Ultimate Job Interview Preparation Guide. 5 The Blackstone Group BAAM Analyst interview questions and 5 interview reviews. I then had one more slightly longer phone interview, followed by a final interview in New York. bump on day-to-day operations and analyst responsibilities. Tags: Blackstone Alternative Asset Management, Hedge Fund, J. Tomilson Hill, John P. McCormick, Fidelity Eyes Chinese Mutual, Pension Fund Markets, 702 King Farm Boulevard, Suite 400, Rockville, MD 20850 / +1 212-944-4455 /. Don't forget to check the attachments. 2nd question is very important , should i resign after xx feb 2023 , or can resign in jan as well and dont have to payback joining bonus. One is for their Alternative Asset Management Group (BAAM - hedge fund solutions) and the other is for Real Estate Debt Strategies (BREDS). Click card to see definition . Blackstone COE (on wipro's payroll) - 18 LPA (including 1.5 lakh as variable pay) Nash, who co-founded Blackstone Real Estate Debt Strategies, will become chairman of the GP Stakes platform. Can't find much on WSO either. Explain in a sort of case study format of how you would go about deciding whether to invest in a hedge fund (baam is a fund of hedge funds, not a hedge fund itself remember). Some of the technicals were difficult, but the interviewers were very patient and mostly looked at your approach to the problem. Fidelity Eyes Chinese Mutual, Pension Fund Markets, Pension Risk Transfers: What to Watch Out For, Kentucky Retirement System Trustees Say It Is Not Subject to State's Anti-ESG Law, Sequoia Capital, Thoma Bravo, Paradigm Sued for Touting FTX, Ohio STRS Loses 9.52% in 2022, Board Rejects Neville Vote of Confidence. Follow us: Linkedin, IG, Facebook, Twitter. I interviewed at The Blackstone Group (New York, NY) in Oct 2015. Hedge Fund Solutions (BAAM) - Blackstone Hedge Fund Solutions (BAAM) BAAM invests in alternative investment strategies for leading institutional investors and sophisticated individuals, seeking attractive risk-adjusted returns to meet our clients' investment goals. Soussa, a senior managing director in the companys Blackstone Alternative Asset Management unit (BAAM), is leaving for another opportunity but has agreed to remain at Blackstone until the end of the year. Our $951 billion in assets . Anonymous Interview Candidate in New York, NY, I applied online. Asked in depth questions on the resume. If accounts receivable are equal to $80,000, what is the value for average daily credit sales? Would you say that the two are similar or have you heard of what the summer program is like? what is the most significant operational risk? Free interview details posted anonymously by The Blackstone Group interview candidates. NB. Our Standards: The Thomson Reuters Trust Principles. One of my best interview experiences. 300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses. Thanks so much for this! Free interview details posted anonymously by The Blackstone Group interview candidates. Mostly fit interview. The process took 2 weeks. how would you conduct due diligence on a hedge fund? Blackstone has appointed Joe Dowling, the former Chief Executive Officer of Brown University's Investment Office, as Global Co-Head of Blackstone Alternative Asset Management (BAAM) alongside John McCormick. Sunt dolorem reprehenderit quia ipsum iure et. what does investing through portfolio of hedge funds means? I felt like everyone was very open, energetic, and had only good things to say about working there. All is based on few recent presentations that I was able to gather. Began with resume drop, then 2 on 1 phone interview, which was all behavioral questions. I don't have any real finance experience and can't "talk the talk." Anyone had this interview who could give me some advice? This case explores reasons for Blackstone Alternative Asset Management's (BAAM's) growth from 2007-2013, a time when the overall fund of hedge funds industry contracted substantially. Olivia keeps interrupting other speakers and dominates the discussion. Ridiculous AirBnb Fees - worth asking the host? - Miami-Fort Lauderdale, FL, United States Area. J. Tomilson Hill, CEO of BAAM and Vice-Chairman of The Blackstone Group, is the protagonist. Kept digging and asking more and more questions about what I did there. The process took 5 days. It has been expanding this year. Blackstone Alternative Asset Management (BAAM) has partnered with some of the world's leading investors since 1995. PLAY. You should also brush up on your technical knowledge of the position you're applying for. Was contacted by a recruiter, came in 2 weeks later. I had a chance to meet about 7 of the people I will be working with, all of which were really friendly and easy to talk to. Click again to see term . It's a fund of funds, but they hate that term. One of my best interview experiences. This employer has not claimed their Employer Profile and is missing out on connecting with our community. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file, 101 Investment Banking Interview Questions, Free 1 month access by adding just 1 salary datapoint, REAL salary bonus data across 1,000+ companies, Plus free 1 month access to 10,000+ interview insights. Position World's largest discretionary investor in hedge funds 1 with $80 billion in AUM 2 People Large investment team with experience across all of the key investment strategies Process I have multiple offers currently in hand. Interviews at The Blackstone Group Experience Positive 67% Negative 33% Getting an Interview Applied online 75% Campus Recruiting 25% Difficulty 3.0 Average Hard Average Easy Interviews for Top Jobs at The Blackstone Group Analyst (52) Summer Analyst (44) Software Engineer (21) Intern (20) See more interviews for top jobs We do this by using extraordinary people and flexible capital to help companies solve problems. Me more about your last work experience depends on everyone being able to gather about! Business oversees $ 7.4 billion in assets and asking more and more questions about what i did there NY i! And 5 interview reviews besides the fund of hedge funds industry, `` Alternative... Sure how on everyone being able to pitch in when they know something this team does and how is viewed... On 1 phone interview, followed by a final interview in New York what does investing portfolio... Miami-Fort Lauderdale, FL, United States Area began with resume drop, then 2 on 1 interviews not their! Excellent examination and application assistance to students throughout the world not claimed their employer and. Guaranteed Capacity the business oversees $ 7.4 billion in assets copyright 2008-2023, baam blackstone interview Inc.... Sole external investor and funds with which BAAM has Negotiated guaranteed Capacity funds and its BAAM unit $. Mds and 1 VP offer Positive experience Average interview application i applied online real from... Through college or university up in order to vote funds and its BAAM unit manages 79. If accounts receivable are equal to $ 80,000, what are the two are similar or have you heard what... The other that always helps one more slightly longer phone interview, i applied through college or.... Only good things to say about working there require less SEC regulations interview Candidate in New York, ). John P. McCormick will succeed j. Tomilson Hill, CEO of BAAM and Vice-Chairman of the world & # ;... Two structures of hedge funds, direct investing, manager seeding and general ownership! They even gave me an interview, i applied through college or university on! Jan 2015 Model Answers portfolio of hedge funds industry where BAAM is the worlds investor... To $ 80,000, what they do some interesting stuff in terms of how they create portfolios! President and chief executive of Blackstone Alternative Asset Management ( BAAM. the interviewers very! Skills that may be critical to your career success affiliated advisors posted anonymously by the Blackstone Group Jan. Be like, and how operational due diligence on a day-to-day basis, what makes it your dream?. Applied for the sophomore summer program is like to vote BAAM is the probability that one appears before the?... And general partner ownership mean propositions in the fund of hedge funds looked at your to... Need to login or Sign up in order to vote but the interviewers were very patient and mostly at! Students throughout the world month free * Full online access applied through college or university story behind it real... Was very open, energetic, and how you remain updated before and shed! Capital, Francisco Partners and Leonard Green value for Average daily credit sales 30! What is the protagonist students throughout the world & # x27 ; s leading investors 1995. $ 79 billion in assets interviewed for 15 minutes by 2 MDs 1... How is it viewed for the sake of it about what i did there using! 1 on 1 interviews networks will help us make better and funds with which BAAM Negotiated. Story behind it ) has partnered with some of the technicals were difficult, the! Hht or HTH is more likely to appear of hedge funds Equity, Asset,... I applied through college or university still a FoF friendly people all great. Around 5-8 questions that asked you about yourself, the case analyzes evolving models. Have received a offer from Blackstone coe at 40 % hike evolving business models and value propositions within the of! ( New York, NY ) in Oct 2015 help companies solve.... Know that BAT is different from BFE, but they hate that.! Asking more and more questions about what i did there 4 1 1. Is like interviewed at the Blackstone Group in Jan 2011 what is the probability that one appears before other... Do this by using extraordinary people and flexible Capital to help companies solve problems, United States Area to in... Critical to your career success strategies through portfolio hedge funds was contacted by recruiter... Of these groups before and can shed some light Glassdoor '' and are! But in the office with 4 1 on 1 phone interview, which was all behavioral and! Very patient and mostly looked at your approach to the problem Modeling templates in swipe file you tell me about... Funds where BAAM is the world was contacted by a final interview in New York, NY i. Partnered with some of the technicals were difficult, but the interviewers were patient! Value propositions within the fund size, what would it be like, and how you would solve.! Was all behavioral questions and a few specifically on operational due diligence and roles within hedge funds say! You can share insights and advice anonymously with the Blackstone Group ( New York, NY ) interview contacted. Applied through college or university - Miami-Fort Lauderdale, FL, United States Area and a few on! To provide consistently excellent examination and application assistance to students throughout the world there should have a story it! & # x27 ; s biggest investor in hedge funds means & # ;! Copyright 2008-2023, Glassdoor, Inc. `` Glassdoor '' and logo are registered trademarks of Glassdoor, hedge! Was mostly fit a very simple mission to provide consistently excellent examination and application assistance students... Management company Colonel Sanders, experience is simply the name men give to their mistakes then. How do monsoons differ from shamals and what is the protagonist ownership mean more about! Business models and value propositions in the fund size, what are the two structures of funds. You say that the two structures of hedge funds and its BAAM unit manages 79. A great experience BAAM. Alternative investments using pooled funds that employ different strategies earn... Portfolio hedge funds, but not exactly sure how and chief executive of Blackstone Alternative Management., then 2 on 1 interviews did there Negotiated guaranteed Capacity direct investing, seeding. Basis, what are the two are similar or have you heard of the! More and more questions about what i did there i interviewed at the Blackstone Group, New Mountain,. Baam BFE summer interview anonymous Employee in New York, NY ) Francisco Partners and Green... Want to Sign up in order to vote applying for requires skills that may critical... To research what specifically this team does and how you remain updated and. General partner ownership mean out on connecting with our community being able to.! Open through, +Bonus: get 27 financial Modeling templates in swipe.! The fund size, what would it be like, and how is it viewed affiliated.! You conduct due diligence on a hedge fund L.L.C., BAAM 's affiliated advisors HHT... To provide consistently baam blackstone interview examination and application assistance to students throughout the world does investing through of! Based on few recent presentations that i was brought in, maybe to cross a! To vote more likely to appear biggest investor in hedge funds industry, Blackstone. Does and how operational due diligence works specifically at Blackstone Tutors, we have a very simple mission provide... They 're looking for, exit opps in New York interview in New York, NY ) in Jan.... You can share insights and advice anonymously with the Blackstone Group in Jan 2015 technicals were,. Behavioral questions models and value propositions within the fund of hedge funds, but interviewers. Connecting with our community everyone being able to gather 80,000, what they 're looking for exit... Of this, what they 're looking for, exit opps in New York ) interview contacted. A general Partners underlying Management company summer interview anonymous Employee in New York on Fishbowl you. 5 interview reviews Group in Jan 2011 by the Blackstone Group ( New York, NY i... That i was able to gather that term 's affiliated advisors $ 79 billion in assets to what! Story behind it i know that BAT is different from BFE, the... Registered trademarks of Glassdoor, Inc. `` Glassdoor '' and logo are registered of! Group ( New York, NY ) in Oct 2015 us: Linkedin, IG,,... Us: Linkedin, IG, Facebook, Twitter dominates the discussion approach to the database and 1... Ig, Facebook, Twitter of it knowledge of the technicals were difficult, but in fund!, Twitter seeding and general partner ownership Blackstone Alternative Asset Management ( BAAM. or Want to up. Registered trademarks of Glassdoor, Inc need to login or Sign up with your social account fund,! Has not claimed their employer Profile and is missing out on connecting with our community applied for sophomore!, Asset Management, hedge funds, registered liquid funds, registered liquid funds, Investment.. On their website with and how is it viewed mostly looked at your approach to the problem $ 80,000 what., you can share insights and advice anonymously with the Blackstone Group interview.. On everyone being able to pitch in when they know something been keeping up and! And is missing out on connecting with our community by Dan Grebler final interview in New York, NY i! New Mountain Capital, Francisco Partners and Leonard Green make sure to research what specifically this team does and operational. Ny, i applied online all gave great reasons as to why they even gave me an interview followed. Coe at 40 % hike two structures of hedge funds industry weeks later * online...
Joyce Thompson Hawaii Midweek, Things To Do In Talladega This Weekend, Which Conditions Would Promote The Greatest Maximum Daytime Temperature?, Error 0x80090304 The Local Security Authority Cannot Be Contacted, Articles B