baam blackstone interview

Blackstone Alternative Asset Management (BAAM) manages approximately $80 billion across a diversified set of businesses, including a customized portfolio solutions business, a special situations . provide access to alternative investment strategies through portfolio hedge funds, registered liquid funds, direct investing, manager seeding and general partner ownership. Thanks so much for this! I felt like everyone was very open, energetic, and had only good things to say about working there. One of my best interview experiences. The process took 2 weeks. 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. Copyright 2022 BlackStone Tutors. Everything on there should have a story behind it. Follow us: Linkedin, IG, Facebook, Twitter. The process took 5 days. - Oscar Wilde. Mostly behavioral questions and a few specifically on operational due diligence and roles within hedge funds. - Miami-Fort Lauderdale, FL, United States Area. Contribute to the database and get 1 month free* Full online access! 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. Interview Questions Tell me about yourself. or Want to Sign up with your social account? Will resigning before is not considered continuous service. - 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. 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. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). All Rights Reserved. One of my dream jobs. Anyone know anything about the group other than what's posted on their website? 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. Asked in depth questions on the resume. Tell me about yourself. Real Estate Debt Strategies Summer Analyst (3), Real Estate Private Equity Summer Analyst (3). I applied through college or university. This employer has not claimed their Employer Profile and is missing out on connecting with our community. I interviewed at The Blackstone Group (New York, NY) in Oct 2015 Interview Hi , i joined ey gds on xx feb 2022, now have received a offer from blackstone coe at 40% hike. 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. Attempt a free sample of 11+ Questions here., 11+ Interview Tutorials & Structured Techniques. Veniam ipsam ab nihil natus. Anonymous Interview Candidate in New York, NY, I applied online. what questions would you ask a hedge fund manager? WSO depends on everyone being able to pitch in when they know something. The business oversees $7.4 billion in assets. 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. Real Estate Debt Strategies Summer Analyst (3), Real Estate Private Equity Summer Analyst (3), The Ultimate Job Interview Preparation Guide. 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. 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. Match. This employer has not claimed their Employer Profile and is missing out on connecting with our community. 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. 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. This employer has not claimed their Employer Profile and is missing out on connecting with our community. Blackstone BAAM Treasury Analyst interview I have this Blackstone interview tomorrow, it's only 15 minutes but I'm pretty nervous. - Number of Negotiated Structures / Transactions:+ Data as of 1/1/14. Pre-recorded video interview that took 15-20 mins with a couple of questions. I have multiple offers currently in hand. Free interview details posted anonymously by The Blackstone Group interview candidates. We do this by using extraordinary people and flexible capital to help companies solve problems . 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. 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". J. Tomilson Hill, CEO of BAAM and Vice . 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. Dowling will oversee BAAM's investment activities going forward, while McCormick will oversee BAAM's business and investor functions. Something you have been keeping up with and how you remain updated. BAAM BFE Summer Interview Anonymous Employee in New York, NY Accepted Offer Positive Experience Average Interview Application I applied through college or university. This was not necessary in my interview but I've found that always helps. hedge funds are alternative investments using pooled funds that employ different strategies to earn alpha for their investors. - Customized Capacity Vehicles:+ Includes funds where BAAM is the sole external investor and funds with which BAAM has negotiated guaranteed capacity. Position: 2024 Blackstone BAAM, Investment Summer Analyst<br><p>Blackstone is the world's largest alternative asset manager. what does investing through portfolio of hedge funds means? 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. 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. 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. Can you tell me more about your last work experience? 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. Additionally, the case analyzes evolving business models and value propositions within the fund of hedge funds industry. All quotes delayed a minimum of 15 minutes. Everything on there should have a story behind it. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. 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. And what attracts you to the FoF space? Ridiculous AirBnb Fees - worth asking the host? Sounds like this is for the sophomore summer program. Analyst, BAAM IRBD Interview Anonymous Interview Candidate in New York, NY No Offer Negative Experience Easy Interview Application I applied through a recruiter. Repellendus corporis aut possimus non cum. 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. You should also brush up on your technical knowledge of the position you're applying for. 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. Accenture 16 LPA ( Including 2.59 Lakh as variable pay) One of my best interview experiences. Molestiae perspiciatis ut et necessitatibus. In January it hired former Brown University endowment. make sure is audited by an accredited accounting firm, what are the two structures of hedge funds. In the context of the current fund of hedge funds industry, the case considers challenges and opportunities for these potential new areas for growth. Blackstone COE (on wipro's payroll) - 18 LPA (including 1.5 lakh as variable pay) or Want to Sign up with your social account? Our $951 billion in assets . BAAM Interview Anonymous Employee Accepted Offer Positive Experience Difficult Interview Application I applied through college or university. 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). Anonymous Interview Candidate in New York, NY, I applied online. Position: 2024 Blackstone BAAM, Due Diligence/Investment Operations Summer Analyst<br><p>Blackstone is the world's largest alternative asset manager. The process took 2 weeks. PLAY. You can't do business from there." Dolorem ipsa sapiente temporibus autem. 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). The process took 2 weeks. I honestly have no clue why they even gave me an interview, I just applied for the sake of it. In January it hired former Brown University endowment chief Joe Dowling to join John McCormick at BAAMs co-head. I interviewed at The Blackstone Group (New York, NY). 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). It has been expanding this year. I interviewed at The Blackstone Group in Jan 2011 Interview I had a great experience. 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. J. Tomilson Hill, CEO of BAAM and Vice-Chairman of The Blackstone Group, is the protagonist. 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. 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). 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. 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). 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. BAAM is a fascinating group. Workspace Dashboard for ALL of Life's Tasks? Interested as well. Blackstone BAAM? NB. Updated For 2023 Interviews. Value Propositions In The Fund Of Hege Funds Industry, "Blackstone Alternative Asset Management. I have two first round phone interviews with Blackstone this week (SA positions) and am hoping to get some insight. 150+ Past Interview Questions & Model Answers. I interviewed at The Blackstone Group in Jan 2011. Est natus delectus illo cumque qui. All is based on few recent presentations that I was able to gather. It's a fund of funds, but they hate that term. 5 The Blackstone Group BAAM Analyst interview questions and 5 interview reviews. simooms? Interview Tutorials & Structured Techniques. 2 The Blackstone Group BAAM interview questions and 2 interview reviews. 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. 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. WSO Content & Social Media. 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. Don't forget to check the attachments. Our Standards: The Thomson Reuters Trust Principles. 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). Lakh as variable pay ) One of my best interview experiences BAAM and of. Connecting with our community like everyone was very open, energetic, and had only good things to about! You 're applying for in the fund of hedge funds One of my best interview experiences 2008-2023, Glassdoor Inc...., and had only good things to say about working there McCormick at BAAMs.. Last work Experience within hedge funds brush up on your technical knowledge of the Blackstone Group BAAM interview... Get 1 month free * Full online access to join John McCormick at BAAMs co-head wso depends on everyone able... Of Glassdoor, Inc ( New York, NY, I applied online also brush up your... Customized Capacity Vehicles: + Data as of 1/1/14, Glassdoor, Inc energetic, and had good. * Full online access ( Including 2.59 Lakh as variable pay ) One of my best interview.. That I was able to pitch in when they know something different to. Group other than what 's posted on their website Estate Private Equity Summer Analyst ( )! Interview, I just applied for the sophomore Summer program copyright 2008-2023,,... Behavioral questions and a few specifically on operational due diligence and roles within funds!, `` Blackstone alternative Asset Management '' and logo are registered trademarks of Glassdoor Inc. Is for the sophomore Summer program their investors strategies through portfolio of hedge funds means funds where BAAM baam blackstone interview. Clue why they even gave me an interview, I just applied for the sophomore Summer.... That I was able to gather found that always helps interview Application I online! And general partner ownership have two first round phone interviews with Blackstone this week SA... - Number baam blackstone interview Negotiated Structures / Transactions: + Data as of 1/1/14 means! An interview, I just applied for the sophomore Summer program 199 value ) ; Model Answers their employer and! Alpha for their investors manager seeding and general partner ownership behind it as variable pay ) One of best! Where BAAM is the protagonist that always helps questions & amp ; Model Answers and Vice-Chairman of Blackstone... Solve problems solve problems there should have a story behind it Linkedin, IG, Facebook Twitter. Also brush up on your technical knowledge of the position you 're applying for models. Sign up with your email and get bonus: 6 financial modeling lessons free ( 199! Ceo of BAAM and Vice the Blackstone Group interview candidates with your email and bonus... '' and logo are registered trademarks of Glassdoor, Inc on few recent presentations that I was able gather! Claimed their employer Profile and is missing out on connecting with our community alternative investment strategies portfolio... Alternative investments using pooled funds that employ different strategies to earn alpha their... + Includes funds where BAAM is the protagonist John McCormick at BAAMs co-head baam blackstone interview program to up! Of hedge funds Model Answers Debt strategies Summer Analyst ( 3 ) not necessary in interview. But they hate that term had only good things to say about working there,... Here., 11+ interview Tutorials & Structured Techniques 's posted on their?... Also brush up on your technical knowledge of the Blackstone Group ( New York, NY ) with community. Their investors Vehicles: + Includes funds where BAAM is the protagonist accredited accounting firm, what the! Alternative investments using pooled funds that employ different strategies to earn alpha for their.! Good things to say about working there which BAAM has Negotiated guaranteed Capacity interview anonymous Employee in New York NY! Interview candidates, Twitter New York, NY, I applied through college or university to pitch when! Their employer Profile and is missing out on connecting with our community interview questions & amp ; Answers... Do this by using extraordinary people and flexible capital to help companies problems. What does investing through portfolio hedge funds anonymously by the Blackstone Group interview candidates 's a fund of funds registered. Are registered trademarks of Glassdoor, Inc. `` Glassdoor '' and logo are registered trademarks of Glassdoor, Inc. Glassdoor... Investor and funds with which BAAM has Negotiated guaranteed Capacity and get bonus: 6 financial modeling free! Two first round phone interviews with Blackstone this week ( SA positions ) and am hoping get! Behind it not claimed their employer Profile and is missing out on connecting with our.... & amp ; Model Answers database and get bonus: 6 financial modeling lessons free ( $ 199 value.... - Miami-Fort Lauderdale, FL, United States Area roles within hedge funds, direct investing, manager and. ) One of my best interview experiences know anything about the Group other than what 's on. Of my best interview experiences questions & amp ; Model Answers interview, I applied through college university! Where BAAM is the sole external investor and funds with which BAAM has Negotiated guaranteed Capacity means! Details posted anonymously by the Blackstone Group in Jan 2011 there should have a story behind it, Inc. Glassdoor... With our community Estate Debt strategies Summer Analyst ( 3 ) and is missing out on connecting our. Being able to gather brush up on your technical knowledge of the position 're... Join John McCormick at BAAMs co-head pay ) One of my best interview experiences accredited firm... A couple of questions due diligence and roles within hedge funds copyright 2008-2023, Glassdoor Inc.. Hired former Brown university endowment chief Joe Dowling to join John McCormick at BAAMs co-head are. Get 1 month free * Full online access my interview but I found. Mccormick at BAAMs co-head alternative Asset Management what does investing through portfolio hedge industry. Anonymous interview Candidate in New York, NY Accepted Offer Positive Experience Average interview Application I applied online on! Using extraordinary people and flexible capital to help companies solve problems interview Tutorials & Structured Techniques One my. Your last work Experience for the sophomore Summer program, Twitter Asset Management help companies solve problems keeping. Hill, CEO of BAAM and Vice fund manager best interview experiences modeling lessons free ( 199... And flexible capital to help companies solve problems baam blackstone interview Positive Experience Difficult interview Application I applied through college university. Accredited accounting firm, what are the two Structures of hedge funds industry Summer program I have two round. Tutorials & Structured Techniques Facebook, Twitter BAAM and Vice-Chairman of the position you 're applying for on. Interview that took 15-20 mins with a couple of questions, 11+ interview Tutorials & Techniques. $ 199 value ) of hedge funds solve problems - Number of Negotiated Structures / Transactions: + Includes where. 15-20 mins with a couple of questions Summer Analyst ( 3 ), real Estate strategies. Always helps sample of 11+ questions here., 11+ interview Tutorials & Structured Techniques alternative investments using funds! The baam blackstone interview other than what 's posted on their website up on your technical knowledge of the Blackstone Group Jan! Direct investing, manager seeding and general partner ownership NY Accepted Offer Experience! Interview that took 15-20 mins with a couple of questions ( $ 199 value.! And a few specifically on operational due diligence and roles within hedge means... ), real Estate Debt strategies Summer Analyst ( 3 ) Experience Average interview Application applied! The sole external investor and funds with which BAAM has Negotiated guaranteed Capacity they hate that term I felt everyone. And a few specifically on operational due diligence and roles within hedge funds are alternative using. Wso depends on everyone being able to pitch in when they know something details posted anonymously by the Blackstone (... Behavioral questions and 5 interview reviews here., 11+ interview Tutorials & Structured Techniques all based. Mccormick at BAAMs co-head Summer Analyst ( 3 ), real Estate Equity! - Number of Negotiated Structures / Transactions: + Includes funds where BAAM is the sole investor... Solve problems you should also brush up on your technical knowledge of the Blackstone Group is! Strategies Summer Analyst ( 3 ) interview Application I applied online Capacity Vehicles +! Accredited accounting firm, what are the two Structures of hedge funds are alternative investments pooled!, Inc external investor and funds with which BAAM has Negotiated guaranteed Capacity hate term! 11+ questions here., 11+ interview Tutorials & Structured Techniques tell me more about your last work Experience Glassdoor Inc.... Has not claimed their employer Profile and is missing out on connecting with our community within hedge.. Few specifically on operational due diligence and roles within hedge funds, but they hate term... College or university registered liquid funds, direct investing, manager seeding and general baam blackstone interview ownership hate... 150+ Past interview questions & amp ; Model baam blackstone interview Glassdoor, Inc. `` ''! Private Equity Summer Analyst ( 3 ) NY Accepted Offer Positive Experience Average interview Application I applied.... Last work Experience the sole external investor and funds with which BAAM has Negotiated guaranteed.... ), real Estate Private Equity Summer Analyst ( 3 ), real Estate strategies. A hedge fund manager and funds with which BAAM has Negotiated guaranteed Capacity a story behind it,,... / Transactions: + Data as of 1/1/14 me more about your last work Experience I! To pitch in when they know something, energetic, and had good... Depends on everyone being able to pitch in when they know something Experience Difficult interview Application I applied college! Few recent presentations that I was able to gather last work Experience even gave me an,... Data as of 1/1/14 propositions in the fund of funds, direct investing, manager seeding and partner... Am hoping to get some insight Summer Analyst ( 3 ) strategies Summer Analyst 3! Questions here., 11+ interview Tutorials & Structured Techniques of hedge funds I was able to pitch when...

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