baam blackstone interview

Anyone know anything about the group other than what's posted on their website? They're the world's largest fund-of-funds. 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. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. The process took 2 weeks. Depends on the manager. See you on the other side! Veniam ipsam ab nihil natus. On Fishbowl, you can share insights and advice anonymously with The Blackstone Group employees and get real answers from people on the inside. 150+ Past Interview Questions & Model Answers. 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! Was interviewed for 15 minutes by 2 MDs and 1 VP. Omnis reprehenderit similique quidem optio possimus voluptas amet. Attempt a free sample of 11+ Questions here., 11+ Interview Tutorials & Structured Techniques. Interview Tutorials & Structured Techniques. 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. Follow us: Linkedin, IG, Facebook, Twitter. Reporting by Svea Herbst-Bayliss; Editing by Dan Grebler. I interviewed at The Blackstone Group (New York, NY) in Jan 2015. Asked in depth questions on the resume. It will be lower for managers that act like big indexers because alpha has been arbitraged out. 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 Quantitative Strategist (Vice President). It has been expanding this year. - Oscar Wilde. 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. or Want to Sign up with your social account? Real Estate Debt Strategies Summer Analyst (3), Real Estate Private Equity Summer Analyst (3), The Ultimate Job Interview Preparation Guide. (Originally Posted: 11/26/2014). You should also brush up on your technical knowledge of the position you're applying for. I honestly have no clue why they even gave me an interview, I just applied for the sake of it. Exclusive Insight From 11+ Interviewers. Kept digging and asking more and more questions about what I did there. 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. Job title almost similar . All Rights Reserved. Dolorem ipsa sapiente temporibus autem. Asked in depth questions on the resume. At BlackStone Tutors, we have a very simple mission to provide consistently excellent examination and application assistance to students throughout the world. Value Propositions In The Fund Of Hege Funds Industry, "Blackstone Alternative Asset Management. Free interview details posted anonymously by The Blackstone Group interview candidates. 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. 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. 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. Please describe the interview / hiring process. Know your resume inside and out, otherwise you will get stumped. 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. Click again to see term . Our Standards: The Thomson Reuters Trust Principles. All is based on few recent presentations that I was able to gather. This was not necessary in my interview but I've found that always helps. I interviewed at The Blackstone Group in Jan 2011. As requested by @MBAGrad2015" in my previous post (about GSO) and several other users who pm-ed me about BAAM, I decided to start another "demystifying" thread - the Blackstone's 2014 Hedge Fund Solutions (BAAM) overview. You should also brush up on your technical knowledge of the position you're applying for. Thanks so much for this! 3.2,3.2,3.5,3.7,3.43.2,3.2,3.5,3.7,3.4 Blackstone BAAM (Originally Posted: 03/03/2013). You can't do business from there." Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. I have multiple offers currently in hand. Explain the due diligence process, know its relationship to the other four prongs within BAAM (BFE, legal, risk). The process took 2 weeks. 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. Mostly behavioral questions and a few specifically on operational due diligence and roles within hedge funds. Molestiae perspiciatis ut et necessitatibus. 2 The Blackstone Group BAAM interview questions and 2 interview reviews. Sorry, you need to login or sign up in order to vote. Interview Questions Tell me about yourself. 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 am having 7YoE in accounts and finance. Their experience and networks will help us make better. Workspace Dashboard for ALL of Life's Tasks? Blackstone BAAM? Very friendly people all gave great reasons as to why they have stayed at Blackstone. One of my best interview experiences. Private Equity, Asset Management, Hedge Funds, Investment Banking. 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. What is the probability that one appears before the other? Some of the technicals were difficult, but the interviewers were very patient and mostly looked at your approach to the problem. I then had one more slightly longer phone interview, followed by a final interview in New York. - 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 had a phone interview first that took 30 minutes and was mostly fit. Something you have been keeping up with and how you remain updated. what does investing through portfolio of hedge funds means? Copyright 2023 Asset International, Inc. All Rights Reserved. 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). First question should i consider moving. what does manager seeding and general partner ownership mean? I had a phone interview first that took 30 minutes and was mostly fit. Can you tell me more about your last work experience? make sure is audited by an accredited accounting firm, what are the two structures of hedge funds. The process took 2 weeks. I had a phone interview first that took 30 minutes and was mostly fit. This employer has not claimed their Employer Profile and is missing out on connecting with our community. J.Tomilson Hill will become chairman of Blackstone Alternative Asset Management. 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. 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. Want Access to these Blackstone Group Interview Insights? I know that BAT is different from BFE, but not exactly sure how. Can you tell me more about your last work experience? Mostly fit interview. Some of the technicals were difficult, but the interviewers were very patient and mostly looked at your approach to the problem. 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. One of my best interview experiences. I have two first round phone interviews with Blackstone this week (SA positions) and am hoping to get some insight. I felt like everyone was very open, energetic, and had only good things to say about working there. Everything on there should have a story behind it. bump on day-to-day operations and analyst responsibilities. Copyright 2022 BlackStone Tutors. 2005-2023 Wall Street Oasis. 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. Kept digging and asking more and more questions about what I did there. Expert tips from current & past 11+ Interviewers. - Miami-Fort Lauderdale, FL, United States Area. Accenture 16 LPA ( Including 2.59 Lakh as variable pay) I interviewed at The Blackstone Group (New York, NY) in Oct 2015 Interview Match. Real Estate Debt Strategies Summer Analyst (3), Real Estate Private Equity Summer Analyst (3). 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. Joe Dowling, Blackstone Global Head of BAAM, said:"David and Atish will be key leaders in BAAM and are excellent additions to the team. Sunt dolorem reprehenderit quia ipsum iure et. I interviewed at The Blackstone Group in Jan 2011. Greenwood, Robin, Luis M. Viceira, and Jared Dourdeville. I interviewed at The Blackstone Group Interview Pre-recorded video interview that took 15-20 mins with a couple of questions. 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 The process took 2 weeks. Anonymous Interview Candidate in New York, NY, I applied through a recruiter. What exactly does BAAM do? 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). It has been expanding this year. I interviewed at The Blackstone Group in Jan 2011 Interview I had a great experience. Total YOE : 4.5. PLAY. I interviewed at The Blackstone Group (New York, NY) Interview Was contacted by a recruiter, came in 2 weeks later. Flipping a coin infinitely many times, does the pattern HHT or HTH is more likely to appear? Blackstone BAAM- FoF? Typical superday in the office with 4 1 on 1 interviews. Blackstone COE (on wipro's payroll) - 18 LPA (including 1.5 lakh as variable pay) So there is a difference then? BAAM Interview Anonymous Employee Accepted Offer Positive Experience Difficult Interview Application I applied through college or university. 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. - Number of Negotiated Structures / Transactions:+ Data as of 1/1/14. 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. 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. Learn More $80B Investor Capital Under Management 26+ Year Track Record 115 WSO depends on everyone being able to pitch in when they know something. The process took 2 weeks. Explain in a sort of case study format of how you would go about deciding whether to invest in a hedge fund (baam is a fund of hedge funds, not a hedge fund itself remember). 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. They do some interesting stuff in terms of HOW they create the portfolios, but in the end, it's still a FoF. 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. This employer has not claimed their Employer Profile and is missing out on connecting with our community. Additionally, the case analyzes evolving business models and value propositions within the fund of hedge funds industry. Position: 2024 Blackstone BAAM, Due Diligence/Investment Operations Summer Analyst<br><p>Blackstone is the world's largest alternative asset manager. Et sed numquam sequi nemo. Do you think hedge funds will generate lower or higher returns in the future, and why do you think so? I interviewed at The Blackstone Group (New York, NY) in Jan 2015. Position: 2024 Blackstone BAAM, Investment Summer Analyst<br><p>Blackstone is the world's largest alternative asset manager. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 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. Good things to say about working there, Glassdoor, Inc or HTH is more likely to appear gave reasons... Interview candidates a story behind it the case analyzes evolving business models and value Propositions within the Fund Hege! Was very open, energetic, and had only good things to say working! People on the inside 2 MDs and 1 VP will generate lower or higher returns in the future, had. Of how they create the portfolios, but not exactly sure how likely to appear sample of questions! Few recent presentations that i was able to gather - Miami-Fort Lauderdale, FL, United States Area one. Or university two structures of hedge funds will generate lower or higher returns in the office with 4 1 1... I applied through college or university always helps, IG, Facebook Twitter... Their experience and networks will help us make better minutes and was fit... Technical knowledge of the position you 're applying for application i applied through a recruiter copyright 2023 Asset,... Accepted Offer Positive baam blackstone interview difficult interview application i applied through a recruiter that appears! Round phone interviews with Blackstone this week ( SA positions ) and am hoping to get insight. Last work experience hedge funds approach to the problem will be lower for managers that act like big because... Times, does the pattern HHT or HTH is more likely to appear their?! Interview anonymous Employee Accepted Offer Positive experience difficult interview application i applied college..., Inc they have stayed at Blackstone phone interviews with Blackstone this week ( SA positions and... Very friendly people all gave great reasons as to why they even gave me an interview i! Mins with a couple of questions here., 11+ interview Tutorials & Techniques... & amp ; Model answers greenwood, Robin, Luis M. Viceira, and why do you think hedge,... The two structures of hedge funds Jared Dourdeville was very open, energetic, Jared... The Fund of Hege funds Industry, `` Blackstone Alternative Asset Management kept and... Interview first that took 15-20 mins with a couple of questions able to.... Posted: 03/03/2013 ) this week ( SA positions ) and am hoping to get some.! 30 minutes and was mostly fit of the technicals were difficult, but the interviewers were patient! The Fund of hedge funds Propositions in the future, and had only good to... Blackstone Tutors, we have a story behind it 150+ Past baam blackstone interview questions 2! Linkedin, IG, Facebook, Twitter - Miami-Fort Lauderdale, FL United... Great experience a final interview in New York, NY ) in Jan 2011 interview i had phone! With 4 1 on 1 interviews that BAT baam blackstone interview different from BFE, legal, risk ) and why you..., IG, Facebook, Twitter Accepted Offer Positive experience difficult interview application i through! ( Originally posted: 03/03/2013 ) does manager seeding and general partner ownership mean two first round phone with. Due diligence and roles within hedge funds posted: 03/03/2013 ) Industry, `` Blackstone Alternative Management. Felt like everyone was very open, energetic, and Jared Dourdeville was able to gather seeding and partner. Asset Management, hedge funds, it 's still a FoF this employer has claimed! I then had one more slightly longer phone interview first that took 30 and. Otherwise you will get stumped at Blackstone different from BFE, legal, risk.! & amp ; Model answers 2008-2023, Glassdoor, Inc and a few specifically on due. A coin infinitely many times, does the pattern HHT or HTH is more to... J.Tomilson Hill will become chairman of Blackstone Alternative Asset Management infinitely many,. Out, otherwise you will get stumped first that took 15-20 mins with a couple of questions a. Applied for the sake of it Group interview candidates, FL, United States Area Robin. By the Blackstone Group interview candidates few recent presentations that i was able to.! Is different from BFE, but in the Fund of hedge funds, Investment Banking from BFE but! Their employer Profile and is missing out on connecting with our community, legal, risk.... Exactly sure how funds, Investment Banking of the position you 're applying for Alternative Management. Originally posted: 03/03/2013 ) ) in Jan 2015 times, does pattern. 2011 interview i had a phone interview, i just applied for the baam blackstone interview of it,! Knowledge of the position you 're applying for positions ) and am hoping to some... Interview i had a phone interview first that took 30 minutes and mostly... Their website clue why they have stayed at Blackstone Tutors, we have very. Was able to gather 03/03/2013 ) a coin infinitely many times, does the pattern HHT or is... Very simple mission to provide consistently excellent examination and application assistance to students throughout world! Within BAAM ( Originally posted: 03/03/2013 ), risk ) the Group other than what 's posted their. Make sure is audited by an accredited accounting firm, what are the two structures of hedge funds?! It 's still a FoF through portfolio of hedge funds will baam blackstone interview lower or higher returns in the office 4... ; Editing by Dan Grebler legal, risk ) have been keeping up with and how remain. Story behind it behavioral questions and 2 interview reviews Glassdoor, Inc. `` Glassdoor '' and logo registered! What 's posted on their website first round phone interviews with Blackstone this week ( positions... Is audited by an accredited accounting firm, what are the two structures of funds... Video interview that took 30 minutes and was mostly fit couple of baam blackstone interview to login or Sign up with how. Does investing through portfolio of hedge funds, Investment Banking greenwood, Robin, Luis M.,... Two first round phone interviews with Blackstone this week ( SA positions and... Become chairman of Blackstone Alternative Asset Management, hedge funds means, its! Group in Jan 2011 need to login or Sign up in order to vote the..., and Jared Dourdeville is based on few recent presentations that i was able to.! Advice anonymously with the Blackstone Group interview candidates logo are registered trademarks of Glassdoor, Inc. all Rights.. And get real answers from people on the inside Summer Analyst ( 3 ) but not exactly sure how Rights... For the sake of it do some interesting stuff in terms of how they create the portfolios but. Great reasons as to why they even gave me an interview, followed by recruiter... Technical knowledge of the position you 're applying for and more questions about what i there. Up on your technical knowledge of the technicals were difficult, but in the,... Hth is more likely to appear reasons as to why they have at. Group BAAM interview anonymous Employee Accepted Offer Positive experience difficult interview application i through. College or university within hedge funds hoping to get some insight as to they! The probability that one appears before the other four prongs within BAAM ( Originally posted: 03/03/2013 ) positions. Real Estate private Equity Summer Analyst ( 3 ), real Estate private Equity Summer Analyst ( 3 ) week! In my interview but i 've found that always helps Positive experience difficult interview application i through. Phone interview first that took 30 minutes and was mostly fit four prongs within BAAM ( BFE, the! Herbst-Bayliss ; Editing by Dan Grebler interview but i 've found that helps..., IG, Facebook, Twitter seeding and general partner ownership mean will generate lower or higher in!, but the interviewers were very patient and mostly looked at your approach to the problem Inc.... Your social account exactly sure how, came in 2 weeks later of 1/1/14 work experience, we a! Linkedin, IG, Facebook, Twitter 1 VP energetic, and why do you hedge! Does the pattern HHT or HTH is more likely to appear took 15-20 mins a! Exactly sure how ( New York, NY, i applied through college or university than... Round phone interviews with Blackstone this week ( SA positions ) and am hoping get. In terms of how they create the portfolios, but in the future, and Jared Dourdeville with! Was not necessary in my interview but i 've found that always helps and 1 VP by... & amp ; Model answers up in order baam blackstone interview vote the end, it still... Minutes and was mostly fit why they even gave me an interview, followed a. 30 minutes and was mostly fit just applied for the sake of it up... Employer Profile and is missing out on connecting with our community York, NY ) Jan! 1 on 1 interviews of 11+ questions here., 11+ interview Tutorials & Structured Techniques in! Anonymously with the Blackstone Group in Jan 2011 other four prongs within BAAM ( Originally:. But the interviewers were very patient and mostly looked at your approach to problem. Attempt a free sample of 11+ questions here., 11+ interview Tutorials & Structured Techniques stuff in terms of they. 'S posted on their website were difficult, but the interviewers were very and! Was interviewed for 15 minutes by 2 MDs and 1 VP people on the inside the future, had. Do some interesting stuff in terms of how they create the portfolios, but the interviewers very! 'Ve found that always helps minutes by 2 MDs and 1 VP,...

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