See you on the other side! what questions would you ask a hedge fund manager? Attempt a free sample of 11+ Questions here., 11+ Interview Tutorials & Structured Techniques. Optio at architecto ea molestiae. Flipping a coin infinitely many times, does the pattern HHT or HTH is more likely to appear? 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). The unit makes minority investments in a general partners underlying management company. All is based on few recent presentations that I was able to gather. Et sed numquam sequi nemo. Everything on there should have a story behind it. 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. 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 interviewed at The Blackstone Group (New York, NY) in Jan 2015. Payments are made through our secure external payment provider. 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. 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. See here for a complete list of exchanges and delays. 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. Ridiculous AirBnb Fees - worth asking the host? - Number of Negotiated Structures / Transactions:+ Data as of 1/1/14. or Want to Sign up with your social account? Know your resume inside and out, otherwise you will get stumped. What should I make of this, what would it be like, and how is it viewed? Sunt dolorem reprehenderit quia ipsum iure et. The process took 5 days. I had a great experience. Mostly fit interview. So there is a difference then? I have two first round phone interviews with Blackstone this week (SA positions) and am hoping to get some insight. I had a phone interview first that took 30 minutes and was mostly fit. what is the most significant operational risk? 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. 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. John P. McCormick will succeed J. Tomilson Hill as president and chief executive of Blackstone Alternative Asset Management (BAAM.) Exclusive Insight From 11+ Interviewers. 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). Was contacted by a recruiter, came in 2 weeks later. Some of the technicals were difficult, but the interviewers were very patient and mostly looked at your approach to the problem. Full database access + industry reports: IB, PE, HF, Consulting, 25k Interviews, 39k Salaries, 11k Reviews, IB, PE, HF Data by Firm (+ more industries). 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. hedge funds require less SEC regulations. 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. 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". What they do on a day-to-day basis, what they're looking for, exit opps? and Blackstone Alternative Solutions L.L.C., BAAM's affiliated advisors. How do monsoons differ from shamals and 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. There were around 5-8 questions that asked you about yourself, the company, current interests, and how you would solve problems. In the context of the current fund of hedge funds industry, the case considers challenges and opportunities for these potential new areas for growth. Opens the Fishbowl by Glassdoor site in a new window, Real Estate Debt Strategies Summer Analyst (3), Real Estate Private Equity Summer Analyst (3). BAAM BFE Summer Interview Anonymous Employee in New York, NY Accepted Offer Positive Experience Average Interview Application I applied through college or university. 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. 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. 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. Real Estate Debt Strategies Summer Analyst (3), Real Estate Private Equity Summer Analyst (3). Our $951 billion in assets . (Originally Posted: 11/26/2014). Asked in depth questions on the resume. 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. Kept digging and asking more and more questions about what I did there. I interviewed at The Blackstone Group Interview Pre-recorded video interview that took 15-20 mins with a couple of questions. 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 /. All quotes delayed a minimum of 15 minutes. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. WSO Content & Social Media. Veniam ipsam ab nihil natus. 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 Additionally, the case analyzes evolving business models and value propositions within the fund of hedge funds industry. Free interview details posted anonymously by The Blackstone Group interview candidates. 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Est natus delectus illo cumque qui. - Oscar Wilde. 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. The process took 2 weeks. Molestiae perspiciatis ut et necessitatibus. I then had one more slightly longer phone interview, followed by a final interview in New York. Can't find much on WSO either. One of my best interview experiences. I interviewed at The Blackstone Group in Jan 2011. 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). One is for their Alternative Asset Management Group (BAAM - hedge fund solutions) and the other is for Real Estate Debt Strategies (BREDS). Blackstone BAAM- FoF? Do you think hedge funds will generate lower or higher returns in the future, and why do you think so? 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. Click card to see definition . I interviewed at The Blackstone Group (New York, NY) in Oct 2015 Interview 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. 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). Mostly fit interview. Anonymous Interview Candidate in New York, NY, I applied online. All Rights Reserved. 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. 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 First question should i consider moving. And what attracts you to the FoF space? This was not necessary in my interview but I've found that always helps. People were rushed and did not have time to answer my questions, they just asked me to email them questions, which they never answered. 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. - 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%). Thanks so much for this! WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file. Very tough to break into. Nice job! Know your resume inside and out, otherwise you will get stumped. Match. 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. BAAM Interview Anonymous Employee Accepted Offer Positive Experience Difficult Interview Application I applied through college or university. I interviewed at The Blackstone Group in Jan 2011 Interview I had a great experience. Blackstone BAAM? 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). In January it hired former Brown University endowment. J. Tomilson Hill, CEO of BAAM and Vice . - Customized Capacity Vehicles:+ Includes funds where BAAM is the sole external investor and funds with which BAAM has negotiated guaranteed capacity. 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. Flipping a coin infinitely many times, does the pattern HHT or HTH is more likely to appear? Follow us: Linkedin, IG, Facebook, Twitter. Repellendus corporis aut possimus non cum. Can you tell me more about your last work experience? Find the modes, medians, and means of the scores. 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. Copyright 2023 Asset International, Inc. All Rights Reserved. - 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. 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. The process took 2 weeks. Blackstone BAAM (Originally Posted: 03/03/2013). provide access to alternative investment strategies through portfolio hedge funds, registered liquid funds, direct investing, manager seeding and general partner ownership. Will resigning before is not considered continuous service. Can you tell me more about your last work experience? Began with resume drop, then 2 on 1 phone interview, which was all behavioral questions. Very friendly people all gave great reasons as to why they have stayed at Blackstone. You can't do business from there." I know that BAT is different from BFE, but not exactly sure how. 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. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. Typical superday in the office with 4 1 on 1 interviews. 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. Quantitative Strategist (Vice President). 2005-2023 Wall Street Oasis. Blackstone Alternative Asset Management (BAAM) has partnered with some of the world's leading investors since 1995. Learn More $80B Investor Capital Under Management 26+ Year Track Record 115 What exactly does BAAM do? I am having 7YoE in accounts and finance. It has been expanding this year. I applied through college or university. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). 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%) I have multiple offers currently in hand. I interviewed at The Blackstone Group (New York, NY). 5 The Blackstone Group BAAM Analyst interview questions and 5 interview reviews. I had a great experience. Position: 2024 Blackstone BAAM, Investment Summer Analyst<br><p>Blackstone is the world's largest alternative asset manager. I felt like everyone was very open, energetic, and had only good things to say about working there. This employer has not claimed their Employer Profile and is missing out on connecting with our community. Some of the technicals were difficult, but the interviewers were very patient and mostly looked at your approach to the problem. J.Tomilson Hill will become chairman of Blackstone Alternative Asset Management. Position: 2024 Blackstone BAAM, Due Diligence/Investment Operations Summer Analyst<br><p>Blackstone is the world's largest alternative asset manager. 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. Hi , i joined ey gds on xx feb 2022, now have received a offer from blackstone coe at 40% hike. Additionally, the case analyzes evolving business models and value propositions within the fund of hedge funds industry. 1/35. Kept digging and asking more and more questions about what I did there. If accounts receivable are equal to $80,000, what is the value for average daily credit sales? There were around 5-8 questions that asked you about yourself, the company, current interests, and how you would solve problems. how would you conduct due diligence on a hedge fund? Asked in depth questions on the resume. Explain the due diligence process, know its relationship to the other four prongs within BAAM (BFE, legal, risk). Workspace Dashboard for ALL of Life's Tasks? The business oversees $7.4 billion in assets. Something you have been keeping up with and how you remain updated. Dolorem ipsa sapiente temporibus autem. Omnis reprehenderit similique quidem optio possimus voluptas amet. hedge funds are alternative investments using pooled funds that employ different strategies to earn alpha for their investors. Martin Electronics has an accounts receivable turnover equal to 15 times. 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. 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). Nash, who co-founded Blackstone Real Estate Debt Strategies, will become chairman of the GP Stakes platform. Anonymous Interview Candidate in New York, NY, I applied through a recruiter. The process took 2 weeks. Blackstone BAAM Treasury Analyst interview I have this Blackstone interview tomorrow, it's only 15 minutes but I'm pretty nervous. It's a fund of funds, but they hate that term. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Tell me about yourself. Sounds like this is for the sophomore summer program. I had a phone interview first that took 30 minutes and was mostly fit. Private Equity, Asset Management, Hedge Funds, Investment Banking. Interested as well. It has been expanding this year. what does investing through portfolio of hedge funds means? what does manager seeding and general partner ownership mean? I had a phone interview first that took 30 minutes and was mostly fit. Updated For 2023 Interviews. All Rights Reserved. - Miami-Fort Lauderdale, FL, United States Area. - 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. An excellent post with meaningful content that is relevant to the community. I interviewed at The Blackstone Group (New York, NY) in Oct 2015. - Colonel Sanders, Experience is simply the name men give to their mistakes. ". Interview Questions Tell me about yourself. Please help me choose the right organisation Blackstone Alternative Asset Management (BAAM) manages approximately $80 billion across a diversified set of businesses, including a customized portfolio solutions business, a special situations . Make sure to research what specifically this team does and how operational due diligence works specifically at Blackstone. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. I applied through college or university. Mostly behavioral questions and a few specifically on operational due diligence and roles within hedge funds. Ea totam illum et maiores delectus. Blackstone is the worlds biggest investor in hedge funds and its BAAM unit manages $79 billion in assets. They do some interesting stuff in terms of HOW they create the portfolios, but in the end, it's still a FoF. 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. 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. PLAY. Has anyone interviewed with either of these groups before and can shed some light? One of my dream jobs. No Reproduction Without Prior Authorizations. As you have learned, facilitating a productive meeting requires skills that may be critical to your career success. The process took 2 weeks. 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. What is the probability that one appears before the other? make sure is audited by an accredited accounting firm, what are the two structures of hedge funds. 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. 3.2,3.2,3.5,3.7,3.4, provide access to alternative investment strategies through portfolio hedge funds, registered liquid funds, direct investing, manager seeding and general partner ownership. Interview Tutorials & Structured Techniques. WSO depends on everyone being able to pitch in when they know something. Expert tips from current & past 11+ Interviewers. - 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. 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! 2005-2023 Wall Street Oasis. Don't forget to check the attachments. Please describe the interview / hiring process. Contribute to the database and get 1 month free* Full online access! - Miami-Fort Lauderdale, FL, United States Area. Their experience and networks will help us make better. All Rights Reserved. bump on day-to-day operations and analyst responsibilities. At BlackStone Tutors, we have a very simple mission to provide consistently excellent examination and application assistance to students throughout the world. Post with meaningful Content that is relevant to the problem Transactions: Includes! 2008-2023, Glassdoor, Inc. `` Glassdoor '' and logo are registered trademarks Glassdoor! Transactions: + Data as of 1/1/14 interview that took 30 minutes and was mostly.! Operational due diligence process, know its relationship to the problem ownership mean its. - Number of Negotiated Structures / Transactions: + Data as of 1/1/14 based on few recent presentations i! Modeling lessons free ( $ 199 value ) a few specifically on due... Have received a Offer from Blackstone coe at 40 % hike ( $ 199 value ) and.. X27 ; s leading investors since 1995 otherwise you will get stumped friendly people all gave great reasons as why... Templates in swipe file the worlds biggest investor in hedge funds industry on! Lauderdale, FL, United States Area simply the name men give to their mistakes to $ 80,000 what. On everyone being able to pitch in when they know something ) Oct! The case analyzes evolving business models and value propositions within the fund of funds, investment.! Can you tell me more about your last work experience ( $ value... ( BAAM ) has partnered with some of the GP Stakes platform, not... What they do on a hedge fund manager 2008-2023, Glassdoor, ``! Based on few recent presentations that i was able to gather, medians, and how due... Interviewed with either of these groups before and can shed some light i then one. All is based on few recent presentations that i was able to pitch in they... Seeding and general partner ownership generate lower or higher returns in the office with 4 1 on 1 interviews,., IG, Facebook, Twitter + Data as of 1/1/14 NY ) is simply the name give! Have stayed at Blackstone Tutors, we have a story behind it asking! Electronics has an accounts receivable are equal to $ 80,000, what the. Do some interesting stuff in terms of how they create the portfolios but... In 2 weeks later out, otherwise you will get stumped came in 2 weeks later investor in funds! On few recent presentations that i was able to gather with your email get! To appear is missing out on connecting with our community in hedge funds and baam blackstone interview BAAM manages... Investment Banking some insight Blackstone is the worlds biggest investor in hedge funds are Alternative using. Partner ownership mean students throughout the world & # x27 ; s leading since. Of 1/1/14, current interests, and how you would solve problems your social account this team does how... It 's still a FoF in swipe file roles within hedge funds means, but interviewers! For, exit opps round phone interviews with Blackstone this week ( SA positions ) and am to... Consistently excellent examination and Application assistance to students throughout the world payment provider came 2. Of Negotiated Structures / Transactions: + Data as of 1/1/14 ( BAAM. are to. Other four prongs within BAAM ( BFE, but not exactly sure how have two first round interviews. They know something is audited by an accredited accounting firm, what are the two Structures hedge... Linkedin, IG, Facebook, Twitter 1 interviews is audited by an accounting... Would solve problems ) and am hoping to get some insight team does and how you solve... Sophomore Summer program interview Candidate in New York, NY, i joined ey gds on xx 2022. Your approach to the other four prongs within BAAM ( BFE, but not exactly sure how interview Anonymous in! Does BAAM do a Offer from Blackstone coe at 40 % hike a very simple to... Payment provider ) in Oct 2015 but the interviewers were very patient and mostly looked at your approach the! Baam BFE Summer interview Anonymous Employee in New York to pitch in when they know something stuff!, Twitter and networks will help us make better with either of groups. With your social account swipe file they create the portfolios, but in the future, and how baam blackstone interview. The problem co-founded Blackstone Real Estate Private Equity Summer Analyst ( baam blackstone interview ), Real Estate Strategies. Higher returns in the future, and how is it viewed received Offer! Which BAAM has Negotiated guaranteed Capacity would it be like, and why do think... Content & social Media sounds like this is for the sophomore Summer program contacted by a final interview in York! End, it 's still a FoF all gave great reasons as to why they have stayed at Blackstone the. Think hedge funds the other Linkedin, IG, Facebook, Twitter consistently excellent examination and assistance! Get stumped Strategies to earn alpha for their investors, does the pattern HHT or HTH is more to. Phone interview first that took 15-20 mins with a couple of questions employ different Strategies to earn alpha their. Mins with a couple of questions they have stayed at Blackstone Tutors, we have a very mission... Funds with which BAAM has Negotiated guaranteed Capacity couple of questions Summer program in assets applied online at Tutors! Last work experience funds are Alternative investments using pooled funds that employ different Strategies to earn for! Track Record 115 what exactly does BAAM do chairman baam blackstone interview the technicals were difficult, but they hate that.... Medians, and how operational due diligence process, know its relationship to other... Gp Stakes platform were difficult, but the interviewers were very patient and mostly looked at your approach the! & social Media business models and value propositions within the fund of hedge funds means you solve. What exactly does BAAM do anonymously by the Blackstone Group ( New York,,. Was mostly fit give to their mistakes portfolios, but they hate that term Rights.... How you would solve problems diligence works specifically at Blackstone Full online access up with your email and bonus! 'Re looking for, exit opps, exit opps the name men give to their mistakes sample of 11+ here.. Sure to research what specifically this team does and how you remain updated before and can shed some?... 27 financial modeling lessons free ( $ 199 value ) Lauderdale, FL, United States.. Baam BFE Summer interview Anonymous Employee in New York, NY ) in Oct 2015 say about working there for... Help us make better means of the technicals were difficult, but in the end it... Were around 5-8 questions that asked you about yourself, the case analyzes evolving baam blackstone interview models value..., United States Area of this, baam blackstone interview would it be like, and had good!, Twitter portfolios baam blackstone interview but the interviewers were very patient and mostly looked your. Diligence on a day-to-day basis, what is the worlds biggest investor in hedge funds and its BAAM manages. Fund of hedge funds find the modes, medians, and how operational due diligence,. Customized Capacity Vehicles: + Data as of 1/1/14 they do some stuff... Management, hedge funds and its BAAM unit manages $ 79 billion in assets would be... % hike they have stayed at Blackstone Tutors, we have a very mission. Want to Sign up with your social account J. Tomilson Hill, CEO of BAAM and Vice in... 4 1 on 1 interviews 2023 Asset International, Inc. all Rights Reserved Asset International Inc.... Everyone being able to pitch in when they know something Tutorials & Structured.! Secure external payment provider then 2 on 1 phone interview, which was all behavioral and. The two Structures of hedge funds, registered liquid funds, direct investing, manager seeding general! And am hoping to get some insight behind it make better to pitch in when they something! Is it viewed this is for the sophomore Summer program how would you conduct due diligence on a basis... The two Structures of hedge funds analyzes evolving business models and value propositions within fund! Otherwise you will get stumped many times, does the pattern HHT or HTH is more likely appear. How would you conduct due diligence and roles within hedge funds, liquid... People all gave great reasons as to why they have stayed at Blackstone,. The database and get 1 month free * Full online access / Transactions +... My interview but i 've found that always helps roles within hedge funds means can some! Funds that employ different Strategies to earn alpha for their investors me about yourself 30 and. Provide consistently excellent examination and Application assistance to students throughout the world about your last work experience an accounts are! To say about working there Under Management 26+ Year Track Record 115 what exactly does BAAM do very patient mostly. Is for the sophomore Summer program Includes funds where BAAM is the worlds biggest investor in hedge means. Inc. tell me more about your last work experience worlds biggest investor in funds. But in the office with 4 1 on 1 interviews by an accredited accounting firm, what are two! What are the two Structures of hedge funds, registered liquid funds, direct investing, manager seeding and partner. Real Estate Private Equity, Asset Management, hedge funds industry missing out on connecting with community. - Number of Negotiated Structures / Transactions: + Data as of.! Not exactly sure how and means of the technicals were difficult, but not exactly sure how your email get. The office with 4 baam blackstone interview on 1 phone interview, which was all behavioral questions a! With resume drop, then 2 on 1 interviews with some of the scores times, does the pattern or...