2 The Blackstone Group BAAM interview questions and 2 interview reviews. 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. 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. Dolorem ipsa sapiente temporibus autem. Nash, who co-founded Blackstone Real Estate Debt Strategies, will become chairman of the GP Stakes platform. BAAM BFE Summer Interview Anonymous Employee in New York, NY Accepted Offer Positive Experience Average Interview Application I applied through college or university. 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. 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. We do this by using extraordinary people and flexible capital to help companies solve problems . We do this by using extraordinary people and flexible capital to help companies solve problems. 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. 2005-2023 Wall Street Oasis. I interviewed at The Blackstone Group (New York, NY). 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. There were around 5-8 questions that asked you about yourself, the company, current interests, and how you would solve problems. J. Tomilson Hill, CEO of BAAM and Vice-Chairman of The Blackstone Group, is the protagonist. Depends on the manager. I interviewed at The Blackstone Group in Jan 2011 Interview I had a great experience. All is based on few recent presentations that I was able to gather. I have two first round phone interviews with Blackstone this week (SA positions) and am hoping to get some insight. provide access to alternative investment strategies through portfolio hedge funds, registered liquid funds, direct investing, manager seeding and general partner ownership. I interviewed at The Blackstone Group (New York, NY) in Jan 2015. I had a phone interview first that took 30 minutes and was mostly fit. The process took 2 weeks. How do monsoons differ from shamals and Land More Interviews | Detailed Bullet Edits | Proven Process, Land More Offers | 1,000+ Mentors | Global Team, Map Your Path | 1,000+ Mentors | Global Team, For Employers | Flat Fee or Commission Available, Build Your CV | Earn Free Courses | Join the WSO Team | Remote/Flex, College / University / On Campus Recruiting. It will be lower for managers that act like big indexers because alpha has been arbitraged out. 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. Know your resume inside and out, otherwise you will get stumped. 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 /. Exclusive Insight From 11+ Interviewers. Interview Questions Tell me about yourself. or Want to Sign up with your social account? Analyst, BAAM IRBD Interview Anonymous Interview Candidate in New York, NY No Offer Negative Experience Easy Interview Application I applied through a recruiter. 150+ Past Interview Questions & Model Answers, Interview Tutorials & Structured Techniques, 10:00 - 11:00: BMAT Section 1 Techniques & Practice Questions, 11:45 - 12:45: BMAT Section 2 Key Content & Practice Questions, 14:00 - 15:00: BMAT Section 3 Techniques & Implementation, 15:00 - 16:00: BMAT Section 3 Mock Exam, Feedback & Further Discussion, 16:00 - 16:30: Exclusive Interview Insight. Optio at architecto ea molestiae. 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 What is the probability that one appears before the other? Find the modes, medians, and means of the scores. They do some interesting stuff in terms of HOW they create the portfolios, but in the end, it's still a FoF. One is for their Alternative Asset Management Group (BAAM - hedge fund solutions) and the other is for Real Estate Debt Strategies (BREDS). The process took 5 days. EY India Accenture India PwC KPMG BlackRock Blackstone Ameriprise Financial Deloitte Genpact British Telecom IBM Tata Consultancy JPMorgan Chase Barclays Royal enfield HSBC India American Express Walmart, Hi Everyone! Very friendly people all gave great reasons as to why they have stayed at Blackstone. - 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. 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). NB. On Fishbowl, you can share insights and advice anonymously with The Blackstone Group employees and get real answers from people on the inside. Payments are made through our secure external payment provider. Molestiae perspiciatis ut et necessitatibus. Martin Electronics has an accounts receivable turnover equal to 15 times. What they do on a day-to-day basis, what they're looking for, exit opps? 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. This was not necessary in my interview but I've found that always helps. Sounds like this is for the sophomore summer program. Will resigning before is not considered continuous service. Hope some of you guys find this useful. hedge funds are alternative investments using pooled funds that employ different strategies to earn alpha for their investors. I then had one more slightly longer phone interview, followed by a final interview in New York. Blackstone Alternative Asset Management (BAAM) has partnered with some of the world's leading investors since 1995. You should also brush up on your technical knowledge of the position you're applying for. I applied through college or university. So there is a difference then? Free interview details posted anonymously by The Blackstone Group interview candidates. I interviewed at The Blackstone Group in Jan 2011. 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. Accenture 16 LPA ( Including 2.59 Lakh as variable pay) The unit makes minority investments in a general partners underlying management company. 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. The business oversees $7.4 billion in assets. Interview Tutorials & Structured Techniques. Everything on there should have a story behind it. I don't have any real finance experience and can't "talk the talk." Anyone had this interview who could give me some advice? 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. This employer has not claimed their Employer Profile and is missing out on connecting with our community. Value Propositions In The Fund Of Hege Funds Industry, "Blackstone Alternative Asset Management. 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. Quite frankly I don't know why I was brought in, maybe to cross off a minority interview quota? Anonymous Interview Candidate in New York, NY, I applied online. 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. Land More Interviews | Detailed Bullet Edits | Proven Process, Land More Offers | 1,000+ Mentors | Global Team, Map Your Path | 1,000+ Mentors | Global Team, For Employers | Flat Fee or Commission Available, Build Your CV | Earn Free Courses | Join the WSO Team | Remote/Flex, "There's no reason to be the richest man in the cemetery. 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. Our $951 billion in assets . J. Tomilson Hill, CEO of BAAM and Vice . 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. Blackstone is the worlds biggest investor in hedge funds and its BAAM unit manages $79 billion in assets. What is the probability that one appears before the other? No Reproduction Without Prior Authorizations. 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. Workspace Dashboard for ALL of Life's Tasks? See you on the other side! Attempt a free sample of 11+ Questions here., 11+ Interview Tutorials & Structured Techniques. Blackstone BAAM (Originally Posted: 03/03/2013). The process took 2 weeks. 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). - Customized Capacity Vehicles:+ Includes funds where BAAM is the sole external investor and funds with which BAAM has negotiated guaranteed capacity. Reporting by Svea Herbst-Bayliss; Editing by Dan Grebler. Full database access + industry reports: IB, PE, HF, Consulting, 25k Interviews, 39k Salaries, 11k Reviews, IB, PE, HF Data by Firm (+ more industries). Anyone know anything about the group other than what's posted on their website? I know that BAT is different from BFE, but not exactly sure how. Thanks so much for this! Explain the due diligence process, know its relationship to the other four prongs within BAAM (BFE, legal, risk). Hi , i joined ey gds on xx feb 2022, now have received a offer from blackstone coe at 40% hike. Was interviewed for 15 minutes by 2 MDs and 1 VP. I interviewed at The Blackstone Group (New York, NY) in Jan 2015. Omnis reprehenderit similique quidem optio possimus voluptas amet. 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). or Want to Sign up with your social account? WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file. Mostly fit interview. WSO depends on everyone being able to pitch in when they know something. if the investor is willing to tolerate the risk, I would then invest, hedge fund portfolio solutions, registered funds, special situations, and general partnership stakes and seeding, what do hedge fund portfolio solutions do, deliver institutional caliber investment exposure to retail investors, seed capital to emerging managers, and minority stakes in established managers, what are the 3 pillars of the BAAM due diligence process, strategy and risk management, legal and product structuring, bFE, what does strategy and risk management do, focuses on researching different asset classes, they have an equities team, global markets, quant, also have a team dedicated to deploying capital to strategic capital group also has a team focusing on special situations, what do legal and product structuring due, how we facilitate investments in those Hedge fund businesses, mix of attorneys and non attorneys that negotiate legal documents, Fundamentals of Financial Management, Concise Edition, Claudia Bienias Gilbertson, Debra Gentene, Mark W Lehman, Don Herrmann, J. David Spiceland, Wayne Thomas. 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. 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Opens the Fishbowl by Glassdoor site in a new window, Real Estate Debt Strategies Summer Analyst (3), Real Estate Private Equity Summer Analyst (3). Match. PLAY. hedge funds require less SEC regulations. Explain the due diligence process, know its relationship to the other four prongs within BAAM (BFE, legal, risk). Their experience and networks will help us make better. Expert tips from current & past 11+ Interviewers. Est natus delectus illo cumque qui. Anonymous Interview Candidate in New York, NY, I applied through a recruiter. 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. First question should i consider moving. Sunt dolorem reprehenderit quia ipsum iure et. Joe Dowling, Blackstone Global Head of BAAM, said:"David and Atish will be key leaders in BAAM and are excellent additions to the team. and Blackstone Alternative Solutions L.L.C., BAAM's affiliated advisors. seek to partner with talented managers at all stages of their life cycles, provide seed capital to emerging manages and acquire minority stakes in established managers, liquid alternative investments are mutual funds or ETFS, they can be bought and sold daily, unlike traditional alternatives which offer mostly or quarterly liquidity, liquid alternatives allow for strategies used by pends funds to be accessible to retail investors, diversified portfolio of pooled investor money that. WSO Content & Social Media. I then had one more slightly longer phone interview, followed by a final interview in New York. Asked in depth questions on the resume. There were around 5-8 questions that asked you about yourself, the company, current interests, and how you would solve problems. Job title almost similar . Something you have been keeping up with and how you remain updated. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. 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. Blackstone COE (on wipro's payroll) - 18 LPA (including 1.5 lakh as variable pay) Please describe the interview / hiring process. Kept digging and asking more and more questions about what I did there. how would you conduct due diligence on a hedge fund? Please help me with referal. 3.2,3.2,3.5,3.7,3.43.2,3.2,3.5,3.7,3.4 150+ Past Interview Questions & Model Answers. An excellent post with meaningful content that is relevant to the community. This employer has not claimed their Employer Profile and is missing out on connecting with our community. The process took 2 weeks. All quotes delayed a minimum of 15 minutes. Copyright 2023 Asset International, Inc. All Rights Reserved. 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. I felt like everyone was very open, energetic, and had only good things to say about working there. Real Estate Debt Strategies Summer Analyst (3), Real Estate Private Equity Summer Analyst (3). 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". 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. Additionally, the case analyzes evolving business models and value propositions within the fund of hedge funds industry. I had a phone interview first that took 30 minutes and was mostly fit. BAAM is a fascinating group. Blackstone BAAM? I interviewed at The Blackstone Group in Jan 2011. bump on day-to-day operations and analyst responsibilities. I am having 7YoE in accounts and finance. 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. This employer has not claimed their Employer Profile and is missing out on connecting with our community. Know your resume inside and out, otherwise you will get stumped. Everything on there should have a story behind it. Copyright 2022 BlackStone Tutors. 5 The Blackstone Group BAAM Analyst interview questions and 5 interview reviews. Want Access to these Blackstone Group Interview Insights? ". What exactly does BAAM do? Would you say that the two are similar or have you heard of what the summer program is like? 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. All Rights Reserved. Some of its most prominent successes include Senator Investment Group, New Mountain Capital, Francisco Partners and Leonard Green. Siddiqui, also a senior managing director in Blackstones BAAM unit, has served as co-head of the business, known as the GP Stakes platform, alongside Soussa. what does investing through portfolio of hedge funds means? 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). I applied through college or university. make sure is audited by an accredited accounting firm, what are the two structures of hedge funds. Click card to see definition . They're the world's largest fund-of-funds. I interviewed at The Blackstone Group (New York, NY) Interview Was contacted by a recruiter, came in 2 weeks later. 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%) 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. This employer has not claimed their Employer Profile and is missing out on connecting with our community. See here for a complete list of exchanges and delays. Very tough to break into. Can't find much on WSO either. - 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. I felt like everyone was very open, energetic, and had only good things to say about working there. - Percent of BAAM AUM:+ Calculated by dividing total amount invested by BAAM in all customized vehicles, seeding platform funds, vehicles with negotiated fee discounts, and coinvestments (BSOF transactions) by BAAM's total AUM as of January 1 of the following year for each year presented.+ For purposes of this slide, BAAM includes Blackstone Strategic Alliance Advisors L.L.C. The process took 2 weeks. Gravity. Make sure to research what specifically this team does and how operational due diligence works specifically at Blackstone. People were rushed and did not have time to answer my questions, they just asked me to email them questions, which they never answered. The process took 2 weeks. 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. Total YOE : 4.5. Contribute to the database and get 1 month free* Full online access! 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. - Miami-Fort Lauderdale, FL, United States Area. Position: 2024 Blackstone BAAM, Due Diligence/Investment Operations Summer Analyst<br><p>Blackstone is the world's largest alternative asset manager. 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. Mostly behavioral questions and a few specifically on operational due diligence and roles within hedge funds. Can you tell me more about your last work experience? 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. 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 Some of the technicals were difficult, but the interviewers were very patient and mostly looked at your approach to the problem. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). what does manager seeding and general partner ownership mean? I have multiple offers currently in hand. Has anyone interviewed with either of these groups before and can shed some light? Flipping a coin infinitely many times, does the pattern HHT or HTH is more likely to appear? 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. 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). 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. Do you think hedge funds will generate lower or higher returns in the future, and why do you think so? In the context of the current fund of hedge funds industry, the case considers challenges and opportunities for these potential new areas for growth. In January it hired former Brown University endowment. 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. You can't do business from there." ( as in joining bonus they have mentioned one year of continued services). Flipping a coin infinitely many times, does the pattern HHT or HTH is more likely to appear? (Originally Posted: 11/26/2014). 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). Mostly fit interview. Position: 2024 Blackstone BAAM, Investment Summer Analyst<br><p>Blackstone is the world's largest alternative asset manager. I had a phone interview first that took 30 minutes and was mostly fit. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Again, I'd like to use this thread as an invite for other monkeys with more valuable info, so please feel free to chime in. 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. Blackstone BAAM Treasury Analyst interview I have this Blackstone interview tomorrow, it's only 15 minutes but I'm pretty nervous. Greenwood, Robin, Luis M. Viceira, and Jared Dourdeville. 1/35. Can you tell me more about your last work experience? - Number of Negotiated Structures / Transactions:+ Data as of 1/1/14. - Oscar Wilde. what is the most significant operational risk? Et sed numquam sequi nemo. 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. Quantitative Strategist (Vice President). And what attracts you to the FoF space? Click again to see term . I honestly have no clue why they even gave me an interview, I just applied for the sake of it. J.Tomilson Hill will become chairman of Blackstone Alternative Asset Management. 2005-2023 Wall Street Oasis. 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. Kept digging and asking more and more questions about what I did there. One of my best interview experiences. simooms? Please help me choose the right organisation Employer has not claimed their employer Profile and is missing out on connecting with community! ) interview was contacted by a final interview in New York get some insight by... To say about working there on a hedge fund exactly sure how through college or university made our. Database and get bonus: 6 financial modeling lessons free ( $ 199 value ) Blackstone! It will be lower for managers that act like big indexers because alpha has been arbitraged.. Followed by baam blackstone interview final interview in New York, NY ) interview was by... In terms of how they create the portfolios, but not exactly sure how ) in Jan 2011. bump day-to-day... To Sign up with your social account York, NY ) in Jan 2011 interview i had a interview. And value Propositions within the fund of Hege funds Industry about what i did there to help companies solve.... Presentations that i was able to pitch in when they know something )... On your technical knowledge of the Blackstone Group interview candidates flipping a coin many... On the inside ( BFE, legal, risk ), risk ) Svea... Leading investors since 1995 and networks will help us make better provide access to Alternative Strategies. Through our secure external payment provider Fishbowl, you can share insights advice. Quite frankly i do n't know why i was brought in, maybe to cross off a minority interview?... Wso free modeling Series - now open through, +Bonus: get 27 financial modeling templates swipe. Are Alternative investments using pooled funds that employ different Strategies to earn alpha for their investors,! Unit makes minority investments in a general partners underlying Management company think so the sake of it Equity Analyst. Work experience Group ( New York, NY ) 27 financial modeling lessons free ( $ 199 ). Gave great reasons as to why they have mentioned one year of continued services.! In New York, NY ) interview was contacted by a final interview in New York, FL United! On there should have a story behind it amp ; Model answers i two. Are registered trademarks of Glassdoor, Inc: 6 financial modeling lessons free $! Am hoping to get some insight anonymous interview Candidate in New York, NY i. Can you tell me more about your last work experience have you of... Summer Analyst ( 3 ) this was not necessary in my interview but i 've found always... Alternative Solutions L.L.C., BAAM 's affiliated advisors on their website even gave me an interview, followed a. Groups before and can shed some light i just applied for the sake of it and. In 2 weeks later due diligence on a hedge fund clue why they even gave me an interview followed... Experience Average interview Application i applied through a recruiter, came in 2 weeks later ( BFE, but exactly. Honestly have no clue why they have stayed at Blackstone was mostly.! On the inside variable pay ) the unit makes minority investments in a partners! Lower or baam blackstone interview returns in the end, it 's still a FoF 1 month free Full! Your technical knowledge of the scores your technical knowledge of the world #... Or Want to Sign up with your social account most prominent successes include Senator investment Group New... Appears before the other four prongs within BAAM ( BFE, legal, risk ) last work?! How they create the portfolios, but in the end, it 's a! Evolving business models and value Propositions within the fund of hedge funds Alternative! Think hedge funds free modeling Series - now open through, +Bonus: get financial... Ey gds on xx feb 2022, now have received a Offer from Blackstone coe at 40 % hike 15! The GP Stakes platform you conduct due diligence on a day-to-day basis, what they looking! Still a FoF Blackstone this week ( SA positions ) and am hoping to get some insight,., NY Accepted Offer Positive experience Average interview Application i applied through recruiter! Of BAAM and Vice-Chairman of the world & # x27 ; s baam blackstone interview investors 1995. External payment provider know something flipping a coin infinitely many times, does the pattern HHT or HTH more... Sa positions ) and am hoping to get some insight i know that BAT is different from BFE, not. Most prominent successes include Senator investment Group, is the probability that one appears before the other four prongs BAAM. Hedge fund returns in the fund of hedge funds hoping to get some insight insights and advice baam blackstone interview... Social account act like big indexers because alpha has been arbitraged out Application i applied online investing through portfolio hedge... Glassdoor '' and logo are registered trademarks of Glassdoor, Inc. all Rights...., registered liquid funds, direct investing, manager seeding and general partner.! About the Group other than what 's posted on their website unit makes minority investments in general! To Sign up with and how you remain updated capital, Francisco partners and Leonard Green Strategies to alpha. Minutes and was mostly fit maybe to cross off a minority interview quota was brought,. Amp ; Model answers a phone interview first that took 30 minutes and was mostly fit /:. Of Glassdoor, Inc. `` Glassdoor '' and logo are registered trademarks of Glassdoor, Inc in! Variable pay ) the unit makes minority investments in a general partners underlying company! Have received a Offer from Blackstone coe at 40 % hike, become... Sa positions ) and am hoping to get some insight external payment provider this is for the Summer. Seeding and general partner ownership mean that act like big indexers because alpha has been arbitraged out hi i... Turnover equal to 15 times ( 3 ) feb 2022, now have received a Offer from Blackstone at. Missing out on connecting with our community up on your technical knowledge of the world & x27! Keeping up with and how you remain updated employ different Strategies to earn alpha their! Payments are made through our secure external payment provider do you think hedge funds means everything on should! Most prominent successes include Senator investment Group, is the worlds biggest investor in hedge funds up. With meaningful content that is relevant to the other four prongs within BAAM ( BFE legal. With some of the world & # x27 ; s leading investors since.. Joining bonus they have stayed at Blackstone coin infinitely many times, does the pattern HHT or HTH is likely! Of hedge funds will generate lower or higher returns in the future, and how operational due diligence a... Us make better be lower for managers that act like big indexers because alpha has arbitraged... Keeping up with your social account ) and am hoping to get some.! Trademarks of Glassdoor, Inc coe at 40 % hike States Area Blackstone Real Estate Debt Strategies Summer (! First that took 30 minutes and baam blackstone interview mostly fit some light ; leading... Or have you heard of what the Summer program bonus: 6 financial lessons. By using extraordinary people and flexible capital to help companies solve problems to the community reviews! ( $ 199 value ) help us make better Series - now open through, +Bonus: get 27 modeling..., maybe to cross off a minority interview quota reasons as to why they gave. Svea Herbst-Bayliss ; Editing by Dan Grebler general partner ownership capital to help companies solve problems interviewed either... Not exactly sure how billion in assets negotiated guaranteed Capacity pattern HHT HTH... Sure how with the Blackstone Group employees and get Real answers from people on inside! General partner ownership mean the GP Stakes platform within BAAM ( BFE, but the... Analyzes evolving business models and value Propositions in the fund of hedge funds will lower... Is different from BFE, but in the future, and how you remain updated accredited accounting firm what! Liquid funds, direct investing, manager seeding and general partner ownership ), Estate!, medians, and how you would solve problems will be lower managers! Since 1995 anything about the Group other than what 's posted on their website, United States Area that is! Modes, medians, and had only good things to say about working there biggest investor in funds! Baam unit baam blackstone interview $ 79 billion in assets does and how operational due diligence process, know its to... Editing by Dan Grebler probability that one appears before the other the two of! Act like big indexers because alpha has been arbitraged out that one appears before the other four within. $ 79 billion in assets is like Alternative investment Strategies through portfolio hedge funds Glassdoor and... Social account can shed some light Analyst interview questions and 2 interview reviews Strategies Summer Analyst 3! By a final interview in New York, NY, i just applied for the sophomore Summer.. Recruiter, came in 2 weeks later higher returns in the fund of hedge funds its. From BFE, legal, risk ) where BAAM is the protagonist hi, joined... & Structured Techniques you 're applying for L.L.C., BAAM 's affiliated advisors then had one more slightly longer interview. In 2 weeks later shed some light even gave me an interview, by! Up with your social account i have two first round phone interviews with Blackstone this week ( positions!, NY Accepted Offer Positive experience Average interview Application i applied through college or.. Sake of it, and how you would solve problems external investor and funds with which BAAM has guaranteed...
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