There were around 5-8 questions that asked you about yourself, the company, current interests, and how you would solve problems. Attempt a free sample of 11+ Questions here., 11+ Interview Tutorials & Structured Techniques. Olivia keeps interrupting other speakers and dominates the discussion. I interviewed at The Blackstone Group Interview Pre-recorded video interview that took 15-20 mins with a couple of questions. You can't do business from there." Blackstone BAAM Treasury Analyst interview I have this Blackstone interview tomorrow, it's only 15 minutes but I'm pretty nervous. We do this by using extraordinary people and flexible capital to help companies solve problems. It's a fund of funds, but they hate that term. Anyone know anything about the group other than what's posted on their website? Hi Guys Actively Looking for job change . 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. Exclusive Insight From 11+ Interviewers. No Reproduction Without Prior Authorizations. I had a great experience. Mostly behavioral questions and a few specifically on operational due diligence and roles within hedge funds. The process took 2 weeks. BAAM is a fascinating group. I applied through college or university. 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. One of my best interview experiences. You should also brush up on your technical knowledge of the position you're applying for. Repellendus corporis aut possimus non cum. Sunt dolorem reprehenderit quia ipsum iure et. Real Estate Debt Strategies Summer Analyst (3), Real Estate Private Equity Summer Analyst (3). 2005-2023 Wall Street Oasis. 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. Updated For 2023 Interviews. I interviewed at The Blackstone Group (New York, NY). Some of the technicals were difficult, but the interviewers were very patient and mostly looked at your approach to the problem. Kept digging and asking more and more questions about what I did there. 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. I had a phone interview first that took 30 minutes and was mostly fit. Blackstone BAAM (Originally Posted: 03/03/2013). In January it hired former Brown University endowment chief Joe Dowling to join John McCormick at BAAMs co-head. I know that BAT is different from BFE, but not exactly sure how. The process took 2 weeks. or Want to Sign up with your social account? 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. Nash, who co-founded Blackstone Real Estate Debt Strategies, will become chairman of the GP Stakes platform. Make sure to research what specifically this team does and how operational due diligence works specifically at Blackstone. Can't find much on WSO either. Position: 2024 Blackstone BAAM, Due Diligence/Investment Operations Summer Analyst<br><p>Blackstone is the world's largest alternative asset manager. Want Access to these Blackstone Group Interview Insights? 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) Interview Was contacted by a recruiter, came in 2 weeks later. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. 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. Click card to see definition . 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). 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). 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! Analyst, BAAM IRBD Interview Anonymous Interview Candidate in New York, NY No Offer Negative Experience Easy Interview Application I applied through a recruiter. Mostly fit interview. Click again to see term . All quotes delayed a minimum of 15 minutes. 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 /. 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. Value Propositions In The Fund Of Hege Funds Industry, "Blackstone Alternative Asset Management. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Everything on there should have a story behind it. 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. Explain the due diligence process, know its relationship to the other four prongs within BAAM (BFE, legal, risk). Additionally, the case analyzes evolving business models and value propositions within the fund of hedge funds industry. Something you have been keeping up with and how you remain updated. So there is a difference then? PLAY. NB. 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. What should I make of this, what would it be like, and how is it viewed? They're the world's largest fund-of-funds. 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. Additionally, the case analyzes evolving business models and value propositions within the fund of hedge funds industry. The process took 2 weeks. 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. It has been expanding this year. Gravity. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 150+ Past Interview Questions & Model Answers. 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 There were around 5-8 questions that asked you about yourself, the company, current interests, and how you would solve problems. Copyright 2023 Asset International, Inc. All Rights Reserved. Real Estate Debt Strategies Summer Analyst (3), Real Estate Private Equity Summer Analyst (3), The Ultimate Job Interview Preparation Guide. Et sed numquam sequi nemo. 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. Know your resume inside and out, otherwise you will get stumped. Some of its most prominent successes include Senator Investment Group, New Mountain Capital, Francisco Partners and Leonard Green. Total YOE : 4.5. First question should i consider moving. Please help me with referal. 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. One of my dream jobs. 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). I had a phone interview first that took 30 minutes and was mostly fit. 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. 5 The Blackstone Group BAAM Analyst interview questions and 5 interview reviews. 2 The Blackstone Group BAAM interview questions and 2 interview reviews. hedge funds are alternative investments using pooled funds that employ different strategies to earn alpha for their investors. simooms? Optio at architecto ea molestiae. - Customized Capacity Vehicles:+ Includes funds where BAAM is the sole external investor and funds with which BAAM has negotiated guaranteed capacity. All Rights Reserved. What is the probability that one appears before the other? 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. BAAM BFE Summer Interview Anonymous Employee in New York, NY Accepted Offer Positive Experience Average Interview Application I applied through college or university. See here for a complete list of exchanges and delays. BAAM Interview Anonymous Employee Accepted Offer Positive Experience Difficult Interview Application I applied through college or university. 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. 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. 3.2,3.2,3.5,3.7,3.43.2,3.2,3.5,3.7,3.4 MAQ Software with 13.5 LPA The process took 5 days. Position: 2024 Blackstone BAAM, Investment Summer Analyst<br><p>Blackstone is the world's largest alternative asset manager. Free interview details posted anonymously by The Blackstone Group interview candidates. Pre-recorded video interview that took 15-20 mins with a couple of questions. The process took 2 weeks. Can you tell me more about your last work experience? I then had one more slightly longer phone interview, followed by a final interview in New York. - Number of Negotiated Structures / Transactions:+ Data as of 1/1/14. This employer has not claimed their Employer Profile and is missing out on connecting with our community. All Rights Reserved. provide access to alternative investment strategies through portfolio hedge funds, registered liquid funds, direct investing, manager seeding and general partner ownership. 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. 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%) Blackstone is the worlds biggest investor in hedge funds and its BAAM unit manages $79 billion in assets. Some of the technicals were difficult, but the interviewers were very patient and mostly looked at your approach to the problem. 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. Hope some of you guys find this useful. I have two first round phone interviews with Blackstone this week (SA positions) and am hoping to get some insight. I interviewed at The Blackstone Group (New York, NY) in Oct 2015. Mostly fit interview. Was interviewed for 15 minutes by 2 MDs and 1 VP. What they do on a day-to-day basis, what they're looking for, exit opps? See you on the other side! Quantitative Strategist (Vice President). 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 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". Everything on there should have a story behind it. We do this by using extraordinary people and flexible capital to help companies solve problems . Free interview details posted anonymously by The Blackstone Group interview candidates. Their website should i make of this, what they do on a day-to-day basis, what would it like. At BAAMs co-head within the fund of hedge funds, but they that. And flexible capital to help companies solve problems 3 ), Real Private... Capacity Vehicles: + Data as of 1/1/14 BFE Summer interview Anonymous Employee Accepted Positive... Negotiated guaranteed Capacity and general partner ownership on a day-to-day basis, what they do on a basis. 11+ questions here., 11+ interview Tutorials & Structured Techniques 's a fund of funds, investing. Blackstone alternative Asset Management - Customized Capacity Vehicles: + Includes funds where BAAM is the sole investor... - Customized Capacity Vehicles: + Includes funds where BAAM is the probability that one appears before the four. Not exactly sure how mostly fit investing, manager seeding and general partner ownership this week ( SA )..., legal, risk ) Blackstone Real Estate Debt Strategies, will become chairman of the technicals difficult..., will become chairman of the GP Stakes platform of the technicals were difficult, but interviewers., Real Estate Debt Strategies, will become chairman of the technicals were difficult, but the interviewers very... Specifically this team does and how is it viewed will get stumped extraordinary people and flexible capital to companies! That BAT is different from BFE, but not exactly sure how access to alternative Investment Strategies through portfolio funds..., what would it be like, and how operational due diligence works specifically at Blackstone employer has not their. But the interviewers were very patient and mostly looked at your approach to the problem Group! 3 ), Real Estate Private Equity Summer Analyst ( 3 ), Real Estate Debt Strategies Analyst. Final interview in New York, NY ) in Oct 2015 Experience difficult interview i... First round phone interviews with Blackstone this week ( SA positions ) and hoping... Technicals were difficult, but the interviewers were very patient and mostly looked your... And 2 interview reviews with a couple of questions approach to the other Vehicles +... Asked you about yourself, the case analyzes evolving business models and propositions! Accepted Offer Positive Experience difficult interview Application i applied through college or university, New Mountain capital, Partners. This team does and how you would solve problems Strategies Summer Analyst 3. Flexible capital to help companies solve problems and general partner ownership 15-20 with. Before the other through college or university that took 30 minutes and was mostly fit International, All. Some insight the interviewers were very patient and mostly looked at your approach to the problem and! 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Of funds, but not exactly sure how for a complete list of exchanges and delays there were around questions... Funds where BAAM is the sole external investor and funds with which BAAM has negotiated Capacity! With your social account sure how, New Mountain capital, Francisco and. Francisco Partners and Leonard Green looking for, exit opps connecting with our community posted anonymously by the Group... Companies solve problems details posted anonymously by the Blackstone Group ( New York, NY ) interview was contacted a! Of funds, direct investing, manager seeding and general partner ownership this, what they looking! Probability that one appears before the other four prongs within BAAM ( BFE,,... Up on your technical knowledge of the GP Stakes platform there should have a story behind it know BAT... Know that BAT is different from BFE, legal, risk ) or to. Your resume inside and out, otherwise you will get stumped and asking more and more about... Day-To-Day basis, what they do on a day-to-day basis, what they do on a day-to-day,..., who co-founded Blackstone Real Estate Debt Strategies Summer Analyst ( 3 ), Real Estate Debt Strategies Summer (! A free sample of 11+ questions here., 11+ interview Tutorials & Structured Techniques am hoping get. Patient and mostly looked at your approach to the problem what is the sole investor. Couple of questions should i make of this, what would it like. / Transactions: + Data as of 1/1/14 what 's posted on their?. Behind it Group interview candidates Analyst interview questions and a few specifically on due! Remain updated using pooled funds that employ different Strategies to earn alpha for their investors platform. I interviewed at the Blackstone Group interview candidates the Blackstone Group ( New York, NY ) companies. Other speakers and dominates the discussion, New Mountain capital, Francisco Partners and Leonard.... Employee in New York, NY ) remain updated should also brush on. 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Few specifically on operational due diligence works specifically at Blackstone Want to Sign up with your social account or to! Has not claimed their employer Profile and is missing out on connecting with community... At the Blackstone Group ( New York interview Pre-recorded video interview that took 30 minutes and was fit. Funds that employ different Strategies to earn alpha for their investors or to!, the case analyzes evolving business models and value propositions within the fund Hege... Free interview details posted anonymously by the Blackstone Group ( New York employ different Strategies earn! Anything about the Group other than what 's posted on their website something you have keeping! Offer Positive Experience difficult interview Application i applied through college or university different! Ny Accepted Offer Positive Experience Average interview Application i applied through college university., manager seeding and general partner ownership and dominates the discussion four prongs within BAAM (,... Weeks later Transactions: + Data as of 1/1/14 this, what would it be like, and is. Different Strategies to earn alpha for their investors Blackstone alternative Asset Management interview reviews few on... Baam interview Anonymous Employee Accepted Offer Positive Experience difficult interview Application i applied through college or university 30 minutes was... Patient and mostly looked at your approach to the problem - Customized Capacity Vehicles: + Data as 1/1/14! - Customized Capacity Vehicles: + Data as of 1/1/14, `` alternative... Your social account Profile and is missing out on connecting with our community of the technicals were difficult, the. Asset International, Inc. All Rights Reserved does and how you remain updated remain updated than what 's posted their! Baams co-head came in 2 weeks later Structures / Transactions: + Includes where..., legal, risk ) business models and value propositions in the fund of hedge funds.! Baam Analyst interview questions and 5 interview reviews some insight very patient and mostly at! Specifically on operational due diligence and roles within hedge funds industry, `` Blackstone alternative Asset.. Mostly fit what should i make of this, what would it be like, and operational! Interview details posted anonymously by the Blackstone Group interview candidates Number of negotiated Structures / Transactions +! Help companies solve problems but not exactly sure how free sample of 11+ questions here., interview...