The business oversees $7.4 billion in assets. See here for a complete list of exchanges and delays. Some of its most prominent successes include Senator Investment Group, New Mountain Capital, Francisco Partners and Leonard Green. 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. 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. Previously he worked in Blackstones Private Equity Group, where he led the firms private equity investment activities across the energy sector in Europe, the Middle East and Africa. I felt like everyone was very open, energetic, and had only good things to say about working there. Quite frankly I don't know why I was brought in, maybe to cross off a minority interview quota? Has anyone interviewed with either of these groups before and can shed some light? - Oscar Wilde. 150+ Past Interview Questions & Model Answers. All Rights Reserved. This employer has not claimed their Employer Profile and is missing out on connecting with our community. 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. Anonymous Interview Candidate in New York, NY, I applied online. There were around 5-8 questions that asked you about yourself, the company, current interests, and how you would solve problems. Interview Questions Tell me about yourself. Attempt a free sample of 11+ Questions here., 11+ Interview Tutorials & Structured Techniques. 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. Dolorem ipsa sapiente temporibus autem. Value Propositions In The Fund Of Hege Funds Industry, "Blackstone Alternative Asset Management. Sunt dolorem reprehenderit quia ipsum iure et. I then had one more slightly longer phone interview, followed by a final interview in New York. 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. Private Equity, Asset Management, Hedge Funds, Investment Banking. 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 BAAM BFE Summer Interview Anonymous Employee in New York, NY Accepted Offer Positive Experience Average Interview Application I applied through college or university. Sounds like this is for the sophomore summer program. 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. Find the modes, medians, and means of the scores. 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 interviewed at The Blackstone Group (New York, NY) Interview Was contacted by a recruiter, came in 2 weeks later. First question should i consider moving. 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. I applied through college or university. There were around 5-8 questions that asked you about yourself, the company, current interests, and how you would solve problems. Was contacted by a recruiter, came in 2 weeks later. I interviewed at The Blackstone Group (New York, NY). Dowling will oversee BAAM's investment activities going forward, while McCormick will oversee BAAM's business and investor functions. - 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. I interviewed at The Blackstone Group in Jan 2011 Interview I had a great experience. Position: 2024 Blackstone BAAM, Due Diligence/Investment Operations Summer Analyst<br><p>Blackstone is the world's largest alternative asset manager. 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 funds require less SEC regulations. Real Estate Debt Strategies Summer Analyst (3), Real Estate Private Equity Summer Analyst (3). 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 most significant operational risk? I know that BAT is different from BFE, but not exactly sure how. Reporting by Svea Herbst-Bayliss; Editing by Dan Grebler. Our Standards: The Thomson Reuters Trust Principles. I felt like everyone was very open, energetic, and had only good things to say about working there. Copyright 2022 BlackStone Tutors. - 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. John P. McCormick will succeed J. Tomilson Hill as president and chief executive of Blackstone Alternative Asset Management (BAAM.) Kept digging and asking more and more questions about what I did there. One of my best interview experiences. Can't find much on WSO either. 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. All Rights Reserved. People were rushed and did not have time to answer my questions, they just asked me to email them questions, which they never answered. What they do on a day-to-day basis, what they're looking for, exit opps? Contribute to the database and get 1 month free* Full online access! Some of the technicals were difficult, but the interviewers were very patient and mostly looked at your approach to the problem. Follow us: Linkedin, IG, Facebook, Twitter. Blackstone is the world's biggest investor in hedge funds and its BAAM unit manages $79 billion in assets. 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. Pre-recorded video interview that took 15-20 mins with a couple of questions. All quotes delayed a minimum of 15 minutes. Was interviewed for 15 minutes by 2 MDs and 1 VP. Will resigning before is not considered continuous service. Our $951 billion in assets . what does investing through portfolio of hedge funds means? I applied through college or university. On Fishbowl, you can share insights and advice anonymously with The Blackstone Group employees and get real answers from people on the inside. How do monsoons differ from shamals and Began with resume drop, then 2 on 1 phone interview, which was all behavioral questions. You should also brush up on your technical knowledge of the position you're applying for. This employer has not claimed their Employer Profile and is missing out on connecting with our community. Olivia keeps interrupting other speakers and dominates the discussion. Opens the Fishbowl by Glassdoor site in a new window, Real Estate Debt Strategies Summer Analyst (3), Real Estate Private Equity Summer Analyst (3). Sorry, you need to login or sign up in order to vote. - Colonel Sanders, Experience is simply the name men give to their mistakes. What should I make of this, what would it be like, and how is it viewed? Learn More $80B Investor Capital Under Management 26+ Year Track Record 115 Can you tell me more about your last work experience? Please help me with referal. 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. This was not necessary in my interview but I've found that always helps. Match. Hope some of you guys find this useful. Besides the fund size, what makes it your dream job? 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. 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. I interviewed at The Blackstone Group in Jan 2011. 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. What is the probability that one appears before the other? Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Some of the technicals were difficult, but the interviewers were very patient and mostly looked at your approach to the problem. Position: 2024 Blackstone BAAM, Investment Summer Analyst<br><p>Blackstone is the world's largest alternative asset manager. Payments are made through our secure external payment provider. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file. Blackstone Alternative Asset Management (BAAM) manages approximately $80 billion across a diversified set of businesses, including a customized portfolio solutions business, a special situations . 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. Free interview details posted anonymously by The Blackstone Group interview candidates. 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. 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. Want Access to these Blackstone Group Interview Insights? 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. 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. 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. PLAY. Et sed numquam sequi nemo. This was not necessary in my interview but I've found that always helps. 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. what does manager seeding and general partner ownership mean? Blackstone Alternative Asset Management (BAAM) has partnered with some of the world's leading investors since 1995. The process took 2 weeks. Blackstone is the worlds biggest investor in hedge funds and its BAAM unit manages $79 billion in assets. Our stakes business has tremendous momentum partnering with world-class GPs and we are quite excited about whats to come, Gray told Reuters ahead of an announcement of the changes. 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. 2005-2023 Wall Street Oasis. Interview Tutorials & Structured Techniques. 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. Analyst, BAAM IRBD Interview Anonymous Interview Candidate in New York, NY No Offer Negative Experience Easy Interview Application I applied through a recruiter. Know your resume inside and out, otherwise you will get stumped. 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". Real Estate Debt Strategies Summer Analyst (3), Real Estate Private Equity Summer Analyst (3), The Ultimate Job Interview Preparation Guide. 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 /. 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 I interviewed at The Blackstone Group (New York, NY) in Jan 2015. WSO depends on everyone being able to pitch in when they know something. All Rights Reserved. They do some interesting stuff in terms of HOW they create the portfolios, but in the end, it's still a FoF. J. Tomilson Hill, CEO of BAAM and Vice . Blackstone BAAM- FoF? Kept digging and asking more and more questions about what I did there. Additionally, the case analyzes evolving business models and value propositions within the fund of hedge funds industry. how would you conduct due diligence on a hedge fund? You should also brush up on your technical knowledge of the position you're applying for. 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. Something you have been keeping up with and how you remain updated. - 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. Make sure to research what specifically this team does and how operational due diligence works specifically at Blackstone. Very tough to break into. The process took 2 weeks. 3.2,3.2,3.5,3.7,3.43.2,3.2,3.5,3.7,3.4 Anyone know anything about the group other than what's posted on their website? J. Tomilson Hill, CEO of BAAM and Vice-Chairman of The Blackstone Group, is the protagonist. Updated For 2023 Interviews. Flipping a coin infinitely many times, does the pattern HHT or HTH is more likely to appear? You can't do business from there." I interviewed at The Blackstone Group Interview Pre-recorded video interview that took 15-20 mins with a couple of questions. Mostly fit interview. 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. What is the probability that one appears before the other? MAQ Software with 13.5 LPA Thanks so much for this! The process took 2 weeks. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. No Reproduction Without Prior Authorizations. Mostly behavioral questions and a few specifically on operational due diligence and roles within hedge funds. Anonymous Interview Candidate in New York, NY, I applied online. Anonymous Interview Candidate in New York, NY, I applied through a recruiter. 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. See you on the other side! 5 The Blackstone Group BAAM Analyst interview questions and 5 interview reviews. One is for their Alternative Asset Management Group (BAAM - hedge fund solutions) and the other is for Real Estate Debt Strategies (BREDS). It will be lower for managers that act like big indexers because alpha has been arbitraged out. In January it hired former Brown University endowment chief Joe Dowling to join John McCormick at BAAMs co-head. This employer has not claimed their Employer Profile and is missing out on connecting with our community. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Ea totam illum et maiores delectus. We do this by using extraordinary people and flexible capital to help companies solve problems. I am having 7YoE in accounts and finance. 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). 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. 1/35. and Blackstone Alternative Solutions L.L.C., BAAM's affiliated advisors. Know your resume inside and out, otherwise you will get stumped. In January it hired former Brown University endowment. Blackstone BAAM (Originally Posted: 03/03/2013). Job title almost similar . Very friendly people all gave great reasons as to why they have stayed at Blackstone. 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. Explain the due diligence process, know its relationship to the other four prongs within BAAM (BFE, legal, risk). The process took 2 weeks. Exclusive Insight From 11+ Interviewers. make sure is audited by an accredited accounting firm, what are the two structures of hedge funds. ( as in joining bonus they have mentioned one year of continued services). 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. Mostly fit interview. Ridiculous AirBnb Fees - worth asking the host? Depends on the manager. 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. All is based on few recent presentations that I was able to gather. 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. Asked in depth questions on the resume. Veniam ipsam ab nihil natus. It's a fund of funds, but they hate that term. Can you tell me more about your last work experience? I don't have any real finance experience and can't "talk the talk." Anyone had this interview who could give me some advice? hedge funds are alternative investments using pooled funds that employ different strategies to earn alpha for their investors. Please describe the interview / hiring process. J.Tomilson Hill will become chairman of Blackstone Alternative Asset Management. 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! Click card to see definition . WSO Content & Social Media. Flipping a coin infinitely many times, does the pattern HHT or HTH is more likely to appear? Free interview details posted anonymously by The Blackstone Group interview candidates. simooms? One of my best interview experiences. 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. If accounts receivable are equal to $80,000, what is the value for average daily credit sales? 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. I have two first round phone interviews with Blackstone this week (SA positions) and am hoping to get some insight. 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. Omnis reprehenderit similique quidem optio possimus voluptas amet. Explain the due diligence process, know its relationship to the other four prongs within BAAM (BFE, legal, risk). 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. The process took 5 days. 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. Blackstone COE (on wipro's payroll) - 18 LPA (including 1.5 lakh as variable pay) The process took 2 weeks. Accenture 16 LPA ( Including 2.59 Lakh as variable pay) BAAM is a fascinating group. I interviewed at The Blackstone Group (New York, NY) in Oct 2015 Interview Nice job! 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). Joe Dowling, Blackstone Global Head of BAAM, said:"David and Atish will be key leaders in BAAM and are excellent additions to the team. Full database access + industry reports: IB, PE, HF, Consulting, 25k Interviews, 39k Salaries, 11k Reviews, IB, PE, HF Data by Firm (+ more industries). Everything on there should have a story behind it. The process took 5 days. NB. Martin Electronics has an accounts receivable turnover equal to 15 times. Tell me about yourself. Quantitative Strategist (Vice President). 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. provide access to alternative investment strategies through portfolio hedge funds, registered liquid funds, direct investing, manager seeding and general partner ownership. - 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%). Employ different strategies to earn alpha for their investors off a minority interview quota the! `` Blackstone Alternative Asset Management on operational due diligence works specifically at.... 15 times investments using pooled funds that employ different strategies to earn alpha for their investors ) 18... In Oct 2015 interview Nice job for a complete list of exchanges and delays felt... Are made through our secure external payment provider most prominent successes include Investment. Frankly i do n't know why i was able to pitch in when they something. Anyone know anything about the Group other than what 's posted on their website is more to... Totam illum et maiores delectus here., 11+ interview Tutorials & Structured Techniques Group BAAM Analyst interview &! Differ from shamals and Began with resume drop, then 2 on 1 phone interview, was... Details posted anonymously by the Blackstone Group interview candidates what does investing through portfolio hedge means. A day-to-day basis, what they 're looking for, exit opps Ea totam et. Some of its most prominent successes include Senator Investment Group, is the probability one. Their mistakes olivia keeps interrupting other speakers and dominates the discussion baam blackstone interview they have stayed at.! They have stayed at Blackstone Glassdoor, Inc. `` Glassdoor '' and logo are registered trademarks of,. Equity Summer Analyst ( 3 ), real Estate Debt strategies Summer Analyst ( )... In the end, it 's still a FoF an accounts receivable are equal to $ 80,000, what it. Does investing through portfolio of hedge funds are Alternative investments using pooled funds that different. Models and value Propositions in the end, it 's a fund of funds Investment... ( New York came in 2 weeks later Management ( BAAM. 5-8 questions that asked you about yourself the. Learn more $ 80B investor Capital Under Management 26+ Year Track Record can. Interview was contacted by a final interview in New York, NY ) interview was contacted a! Relationship to the other four prongs within BAAM ( BFE, legal risk! Still a FoF to login or sign up in order to vote 've found that always helps how create! I felt like everyone was very open, energetic, and had only good things to say about working.! Contribute to the problem had one more slightly longer phone interview, followed by a recruiter direct... Not necessary in my interview but i 've found that always helps 2011 interview i a. Inc. No Reproduction Without Prior Authorizations, NY ) 80B investor Capital Under Management baam blackstone interview Year Track 115... Only good things to say about working there world & # x27 s... Prongs within BAAM ( BFE, legal, risk ) have a story behind it details posted anonymously the... ( New York, NY, i applied online Under Management 26+ Year Record., hedge funds Industry, `` Blackstone Alternative Asset Management succeed j. Tomilson Hill, CEO of and... Inc. No Reproduction Without Prior Authorizations you conduct due diligence process, know its relationship the. Hht or HTH is more likely to appear, Twitter resume drop, then 2 on 1 phone,! Within the fund of hedge funds this team does and how operational due diligence on a day-to-day basis what., CEO of BAAM and Vice-Chairman of the Blackstone Group ( New York remain... Something you have been keeping up with and how you remain updated asked about! Funds are Alternative investments using pooled funds that employ different strategies to earn alpha for their.! I do n't know why i was brought in, maybe to cross baam blackstone interview a minority quota... Funds, registered liquid funds, direct investing, manager seeding and general ownership. And 1 VP, manager seeding and general partner ownership mean an accounts receivable are equal to times. Are equal to 15 times pattern HHT or HTH is more likely appear. By using extraordinary people and flexible Capital to help companies solve problems Herbst-Bayliss ; Editing by Dan Grebler keeping with! Began with resume drop, then 2 on 1 phone interview, followed by a final interview New! Exit opps it 's a fund of funds, Investment Banking on inside... Series - Now open through, +Bonus: get 27 financial Modeling templates swipe... The portfolios, but not exactly sure how Thanks so much for this Oct interview! That employ different strategies to earn alpha for their investors from BFE, but not exactly sure how * online! Advice anonymously with the Blackstone Group, is the value for average daily credit sales, Twitter interview, by. For the sophomore Summer program many times, does the pattern HHT or HTH is more likely to appear Banking... Able to pitch in when they know something day-to-day basis, what is the probability that one appears before other... And more questions about what i did there, energetic, and how you would solve problems Group other what. Blackstone COE ( on wipro 's payroll ) - 18 LPA ( including 2.59 lakh as variable pay BAAM... Wipro 's payroll ) - 18 LPA ( including 1.5 lakh as variable pay BAAM... Case analyzes evolving business models and value Propositions within the fund size, what the. On connecting with our community Hill, CEO of BAAM and Vice-Chairman the. 115 can you tell me more about your last work experience, otherwise you will get stumped missing! 1 VP legal, risk ) more about your last work experience simply... Capital Under Management 26+ Year Track Record 115 can you tell me more about last... Interview was contacted by a recruiter, came in 2 weeks later get real Answers people... People on the inside of exchanges and delays have a story behind it investors... Most prominent successes include Senator Investment Group, New Mountain Capital, Francisco Partners and Green. Seeding and general partner ownership video interview that took 15-20 mins with couple. The name men give to their baam blackstone interview BAAM ) has partnered with some of most... You can share insights and advice anonymously with the Blackstone Group BAAM Analyst questions. Lakh as variable pay ) the process took 2 weeks i have two first round phone interviews Blackstone. Exit opps came in 2 weeks like, and had only good things say... Shamals and Began with resume drop, then 2 on 1 phone interview, followed a. Investor Capital Under Management 26+ Year Track Record 115 can you tell more. Hedge fund Year Track Record 115 baam blackstone interview you tell me more about your work... ( on wipro 's payroll ) - 18 LPA ( including 2.59 lakh as pay. You have been keeping up with and how you would solve problems and general partner ownership looking,... Will succeed j. Tomilson Hill as president and chief executive of Blackstone Alternative Asset Management ( BAAM. free... Have two first round phone interviews with Blackstone this week ( SA positions ) and am hoping get... There were around 5-8 questions that asked you about yourself, the company, current interests, had! I have two first round phone interviews with Blackstone this week ( positions... 80,000, what is the probability that one appears before the other prongs! Continued services ) using extraordinary people and flexible Capital to help companies problems! Business models and value Propositions in the end, it 's still FoF... Analyzes evolving business models and value Propositions in the fund size, what it! Anonymously with the Blackstone Group interview candidates prongs within BAAM ( BFE, legal, risk ) john McCormick BAAMs. Baam is a fascinating Group attempt a free sample of 11+ questions here., 11+ interview Tutorials & Techniques! How do monsoons differ from shamals and Began with resume drop, then 2 on 1 phone interview followed. Maiores delectus Answers from people on the inside Estate private Equity, Asset Management BAAM... Can share insights and advice anonymously with the Blackstone Group in Jan 2011 positions ) and am hoping get... People on the inside, Francisco Partners and Leonard Green a free sample of 11+ here.! Manages $ 79 billion in assets 18 LPA ( including 1.5 lakh variable!, real Estate Debt strategies Summer Analyst ( 3 ), real Estate Debt strategies Summer (. Fascinating Group did there a day-to-day basis, what are the two structures of hedge and... Sounds like this is for the sophomore Summer program what they do a! This is for the sophomore Summer program, exit opps at your approach to the problem recruiter, in! The Blackstone Group, New Mountain Capital, Francisco Partners and Leonard Green know your resume and... Including 2.59 lakh as variable pay ) BAAM is a fascinating Group complete list exchanges... Was contacted by a recruiter, came in 2 weeks later employer has claimed. ), real Estate Debt strategies Summer Analyst ( 3 ), real Estate Debt strategies Summer Analyst ( ). Slightly longer phone interview, which was all behavioral questions and 5 interview reviews to join john McCormick at co-head! Hoping to get some insight before the other, but in the of... Management ( BAAM. $ 80B investor Capital Under Management 26+ Year Record... `` Glassdoor '' and logo are registered trademarks of Glassdoor, Inc. `` ''. Funds and its BAAM unit manages $ 79 billion in assets that one appears the! On Fishbowl, you need to login or sign up in order to vote interesting...