Full database access + industry reports: IB, PE, HF, Consulting, 25k Interviews, 39k Salaries, 11k Reviews, IB, PE, HF Data by Firm (+ more industries). Hope some of you guys find this useful. People were rushed and did not have time to answer my questions, they just asked me to email them questions, which they never answered. See here for a complete list of exchanges and delays. All Rights Reserved. Exclusive Insight From 11+ Interviewers. Again, I'd like to use this thread as an invite for other monkeys with more valuable info, so please feel free to chime in. The process took 2 weeks. Interview Tutorials & Structured Techniques. 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). It's a fund of funds, but they hate that term. Began with resume drop, then 2 on 1 phone interview, which was all behavioral questions. Blackstone BAAM (Originally Posted: 03/03/2013). Real Estate Debt Strategies Summer Analyst (3), Real Estate Private Equity Summer Analyst (3), The Ultimate Job Interview Preparation Guide. 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. Was contacted by a recruiter, came in 2 weeks later. Analyst, BAAM IRBD Interview Anonymous Interview Candidate in New York, NY No Offer Negative Experience Easy Interview Application I applied through a recruiter. Blackstone BAAM Treasury Analyst interview I have this Blackstone interview tomorrow, it's only 15 minutes but I'm pretty nervous. Thanks so much for this! 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. Depends on the manager. 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 Please describe the interview / hiring process. No Reproduction Without Prior Authorizations. This employer has not claimed their Employer Profile and is missing out on connecting with our community. simooms? Gravity. Nice job! Follow us: Linkedin, IG, Facebook, Twitter. I am having 7YoE in accounts and finance. 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%) Dowling will oversee BAAM's investment activities going forward, while McCormick will oversee BAAM's business and investor functions. Some of the technicals were difficult, but the interviewers were very patient and mostly looked at your approach to the problem. Click again to see term . Kept digging and asking more and more questions about what I did there. - Number of Negotiated Structures / Transactions:+ Data as of 1/1/14. I then had one more slightly longer phone interview, followed by a final interview in New York. Reporting by Svea Herbst-Bayliss; Editing by Dan Grebler. 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? 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. how would you conduct due diligence on a hedge fund? All quotes delayed a minimum of 15 minutes. 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. Can you tell me more about your last work experience? NB. The process took 2 weeks. Interested as well. BAAM BFE Summer Interview Anonymous Employee in New York, NY Accepted Offer Positive Experience Average Interview Application I applied through college or university. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 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. 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. Please help me choose the right organisation 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. I applied through college or university. I interviewed at The Blackstone Group (New York, NY) in Oct 2015. What is the probability that one appears before the other? or Want to Sign up with your social account? I interviewed at The Blackstone Group Interview Pre-recorded video interview that took 15-20 mins with a couple of questions. I had a phone interview first that took 30 minutes and was mostly fit. 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). 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. What exactly does BAAM do? Do you think hedge funds will generate lower or higher returns in the future, and why do you think so? 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. 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! Asked in depth questions on the resume. 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. The process took 5 days. 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. One of my best interview experiences. All Rights Reserved. Contribute to the database and get 1 month free* Full online access! So there is a difference then? 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). One of my best interview experiences. On Fishbowl, you can share insights and advice anonymously with The Blackstone Group employees and get real answers from people on the inside. What they do on a day-to-day basis, what they're looking for, exit opps? Anonymous Interview Candidate in New York, NY, I applied online. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. You can't do business from there." First question should i consider moving. Quite frankly I don't know why I was brought in, maybe to cross off a minority interview quota? Their experience and networks will help us make better. Very tough to break into. Est natus delectus illo cumque qui. Blackstone Alternative Asset Management (BAAM) manages approximately $80 billion across a diversified set of businesses, including a customized portfolio solutions business, a special situations . Hi , i joined ey gds on xx feb 2022, now have received a offer from blackstone coe at 40% hike. Hedge Fund Solutions (BAAM) - Blackstone Hedge Fund Solutions (BAAM) BAAM invests in alternative investment strategies for leading institutional investors and sophisticated individuals, seeking attractive risk-adjusted returns to meet our clients' investment goals. I know that BAT is different from BFE, but not exactly sure how. I applied through college or university. Sounds like this is for the sophomore summer program. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 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. Our $951 billion in assets . The process took 2 weeks. Veniam ipsam ab nihil natus. Typical superday in the office with 4 1 on 1 interviews. 2 The Blackstone Group BAAM interview questions and 2 interview reviews. Find the modes, medians, and means of the scores. Some of its most prominent successes include Senator Investment Group, New Mountain Capital, Francisco Partners and Leonard Green. What should I make of this, what would it be like, and how is it viewed? Click card to see definition . 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. Mostly fit interview. 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. 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). Sunt dolorem reprehenderit quia ipsum iure et. Ea totam illum et maiores delectus. One of my dream jobs. Position: 2024 Blackstone BAAM, Investment Summer Analyst<br><p>Blackstone is the world's largest alternative asset manager. One is for their Alternative Asset Management Group (BAAM - hedge fund solutions) and the other is for Real Estate Debt Strategies (BREDS). 150+ Past Interview Questions & Model Answers. I interviewed at The Blackstone Group (New York, NY). - Miami-Fort Lauderdale, FL, United States Area. In January it hired former Brown University endowment chief Joe Dowling to join John McCormick at BAAMs co-head. The process took 2 weeks. At BlackStone Tutors, we have a very simple mission to provide consistently excellent examination and application assistance to students throughout the world. Attempt a free sample of 11+ Questions here., 11+ Interview Tutorials & Structured Techniques. Was interviewed for 15 minutes by 2 MDs and 1 VP. ( as in joining bonus they have mentioned one year of continued services). 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. They do some interesting stuff in terms of HOW they create the portfolios, but in the end, it's still a FoF. 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. We do this by using extraordinary people and flexible capital to help companies solve problems . 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. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file. It has been expanding this year. This was not necessary in my interview but I've found that always helps. Private Equity, Asset Management, Hedge Funds, Investment Banking. hedge funds require less SEC regulations. - Customized Capacity Vehicles:+ Includes funds where BAAM is the sole external investor and funds with which BAAM has negotiated guaranteed capacity. 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. First that took 30 minutes and was mostly fit, the case evolving! A complete list of exchanges and delays higher baam blackstone interview in the office with 4 1 on 1 phone,! Extraordinary people and flexible Capital to help companies solve problems likely to appear now Open through, +Bonus get. This, what would it be like, and how is it viewed different BFE... The scores a minority interview quota 11+ interview Tutorials & Structured Techniques in, maybe cross! 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