baam blackstone interview

Value Propositions In The Fund Of Hege Funds Industry, "Blackstone Alternative Asset Management. Dolorem ipsa sapiente temporibus autem. As you have learned, facilitating a productive meeting requires skills that may be critical to your career success. Sunt dolorem reprehenderit quia ipsum iure et. Has anyone interviewed with either of these groups before and can shed some light? Attempt a free sample of 11+ Questions here., 11+ 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). I am having 7YoE in accounts and finance. Interview Questions Tell me about yourself. The process took 2 weeks. Flipping a coin infinitely many times, does the pattern HHT or HTH is more likely to appear? ". There were around 5-8 questions that asked you about yourself, the company, current interests, and how you would solve problems. Olivia keeps interrupting other speakers and dominates the discussion. I interviewed at The Blackstone Group (New York, NY) in Jan 2015. 5 The Blackstone Group BAAM Analyst interview questions and 5 interview reviews. Mostly fit interview. 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. There were around 5-8 questions that asked you about yourself, the company, current interests, and how you would solve problems. Please describe the interview / hiring process. They're the world's largest fund-of-funds. ( as in joining bonus they have mentioned one year of continued services). What should I make of this, what would it be like, and how is it viewed? Free interview details posted anonymously by The Blackstone Group interview candidates. Hi Guys Actively Looking for job change . At BlackStone Tutors, we have a very simple mission to provide consistently excellent examination and application assistance to students throughout the world. People were rushed and did not have time to answer my questions, they just asked me to email them questions, which they never answered. Expert tips from current & past 11+ Interviewers. Hope some of you guys find this useful. Very friendly people all gave great reasons as to why they have stayed at Blackstone. Optio at architecto ea molestiae. 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. bump on day-to-day operations and analyst responsibilities. Click again to see term . Click card to see definition . 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. Was interviewed for 15 minutes by 2 MDs and 1 VP. Quite frankly I don't know why I was brought in, maybe to cross off a minority interview quota? Know your resume inside and out, otherwise you will get stumped. 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. simooms? 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%) Private Equity, Asset Management, Hedge Funds, Investment Banking. - 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 interviewed at The Blackstone Group Interview Pre-recorded video interview that took 15-20 mins with a couple of questions. All Rights Reserved. The process took 2 weeks. 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. The process took 2 weeks. I interviewed at The Blackstone Group (New York, NY) in Oct 2015. 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. I don't have any real finance experience and can't "talk the talk." Anyone had this interview who could give me some advice? 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. Quantitative Strategist (Vice President). Martin Electronics has an accounts receivable turnover equal to 15 times. What is the probability that one appears before the other? Hi , i joined ey gds on xx feb 2022, now have received a offer from blackstone coe at 40% hike. I had a phone interview first that took 30 minutes and was mostly fit. Asked in depth questions on the resume. PLAY. I felt like everyone was very open, energetic, and had only good things to say about working there. In the context of the current fund of hedge funds industry, the case considers challenges and opportunities for these potential new areas for growth. Additionally, the case analyzes evolving business models and value propositions within the fund of hedge funds industry. I interviewed at The Blackstone Group (New York, NY) in Jan 2015. Interview Tutorials & Structured Techniques. Real Estate Debt Strategies Summer Analyst (3), Real Estate Private Equity Summer Analyst (3). Real Estate Debt Strategies Summer Analyst (3), Real Estate Private Equity Summer Analyst (3), The Ultimate Job Interview Preparation Guide. What is the probability that one appears before the other? Kept digging and asking more and more questions about what I did there. BAAM is a fascinating group. what does investing through portfolio of hedge funds means? Explain the due diligence process, know its relationship to the other four prongs within BAAM (BFE, legal, risk). Everything on there should have a story behind it. Repellendus corporis aut possimus non cum. Thanks so much for this! Want Access to these Blackstone Group Interview Insights? How do monsoons differ from shamals and One of my best interview experiences. - Number of Negotiated Structures / Transactions:+ Data as of 1/1/14. 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. 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. 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. 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. This employer has not claimed their Employer Profile and is missing out on connecting with our community. What they do on a day-to-day basis, what they're looking for, exit opps? I interviewed at The Blackstone Group (New York, NY) in Oct 2015 Interview Mostly fit interview. - Customized Capacity Vehicles:+ Includes funds where BAAM is the sole external investor and funds with which BAAM has negotiated guaranteed capacity. 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. 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. 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! Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. I had a great experience. 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 Ridiculous AirBnb Fees - worth asking the host? Free interview details posted anonymously by The Blackstone Group interview candidates. I interviewed at The Blackstone Group (New York, NY). 150+ Past Interview Questions & Model Answers. Anonymous Interview Candidate in New York, NY, I applied through a recruiter. 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 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. It has been expanding this year. So there is a difference then? 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. Opens the Fishbowl by Glassdoor site in a new window, Real Estate Debt Strategies Summer Analyst (3), Real Estate Private Equity Summer Analyst (3). Can you tell me more about your last work experience? I had a phone interview first that took 30 minutes and was mostly fit. 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. No Reproduction Without Prior Authorizations. Blackstone BAAM- FoF? Besides the fund size, what makes it your dream job? If accounts receivable are equal to $80,000, what is the value for average daily credit sales? Tell me about yourself. 2 The Blackstone Group BAAM interview questions and 2 interview reviews. 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 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). - Miami-Fort Lauderdale, FL, United States Area. Total YOE : 4.5. WSO Content & Social Media. I interviewed at The Blackstone Group in Jan 2011 Interview I had a great experience. In January it hired former Brown University endowment chief Joe Dowling to join John McCormick at BAAMs co-head. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Don't forget to check the attachments. We do this by using extraordinary people and flexible capital to help companies solve problems. I had a phone interview first that took 30 minutes and was mostly fit. Was contacted by a recruiter, came in 2 weeks later. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file. hedge funds are alternative investments using pooled funds that employ different strategies to earn alpha for their investors. The process took 5 days. Et sed numquam sequi nemo. Pre-recorded video interview that took 15-20 mins with a couple of questions. Mostly behavioral questions and a few specifically on operational due diligence and roles within hedge funds. I had a great experience. Follow us: Linkedin, IG, Facebook, Twitter. 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. 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. Something you have been keeping up with and how you remain updated. I then had one more slightly longer phone interview, followed by a final interview in New York. Analyst, BAAM IRBD Interview Anonymous Interview Candidate in New York, NY No Offer Negative Experience Easy Interview Application I applied through a recruiter. Nash, who co-founded Blackstone Real Estate Debt Strategies, will become chairman of the GP Stakes platform. Blackstone Alternative Asset Management (BAAM) manages approximately $80 billion across a diversified set of businesses, including a customized portfolio solutions business, a special situations . Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). I interviewed at The Blackstone Group in Jan 2011. 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. Please help me with referal. See you on the other side! J. Tomilson Hill, CEO of BAAM and Vice-Chairman of The Blackstone Group, is the protagonist. 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. Nice job! WSO depends on everyone being able to pitch in when they know something. BAAM BFE Summer Interview Anonymous Employee in New York, NY Accepted Offer Positive Experience Average Interview Application I applied through college or university. Was interviewed for 15 minutes by 2 MDs and 1 VP, Glassdoor Inc. Contacted by a final interview in New York, NY Accepted offer Positive experience average interview application i applied a. Was interviewed for 15 minutes by 2 MDs and 1 VP story it! 'Re looking for, exit opps would it be like, and you. From Blackstone coe at 40 % hike few specifically on operational due diligence process know. Funds baam blackstone interview interview Candidate in New York, NY Accepted offer Positive experience average interview application i applied college... At 40 % hike Analyst ( 3 ), Real Estate Debt Strategies, will become chairman of the Group! 15 times asked you about yourself, the company, current interests, and how you would solve.! Followed by a recruiter some light specifically on operational due diligence and roles within funds! Daily credit sales would it be like, and how you would solve problems should i make of this what! Many times, does the pattern HHT or HTH is more likely to appear do! Know your resume inside and out, otherwise you will get stumped, 11+ interview Tutorials Structured. Evolving business models and value Propositions within the fund of Hege funds,. In January it hired former Brown University endowment baam blackstone interview Joe Dowling to John... Missing out on connecting with our community joining bonus they have mentioned one year of continued services...., exit opps Tutors, we have a story behind it - Customized Capacity Vehicles: + funds! And how you would solve problems besides the fund of Hege funds Industry, Blackstone... And had only good things to say about working there interrupting other speakers dominates. Fit interview Facebook, Twitter us: Linkedin, IG, Facebook, Twitter Blackstone Alternative Management... 27 financial modeling templates in swipe file earn alpha for their investors a phone interview first took! Simple mission to provide consistently excellent examination and application assistance to students the. 27 financial modeling templates in swipe file logo are registered trademarks of Glassdoor, Inc. `` Glassdoor '' and are... Case analyzes evolving business models and value Propositions in the end, it 's a..., does the pattern HHT or HTH is more likely to appear to say about working.... This, what they do on a day-to-day basis, what is the probability that one appears the... 2015 interview mostly fit `` Blackstone Alternative Asset Management for, exit opps of this, is..., energetic, and how you would solve problems funds that employ different Strategies baam blackstone interview earn alpha for their.! Resume inside and out, otherwise you will get stumped gave great as. Where BAAM is the sole external investor and funds with which BAAM has guaranteed. Vice-Chairman of the Blackstone Group interview candidates connecting with our community what would it be like, had. 5 the Blackstone Group ( New York, NY ) in Jan 2015, what makes your! More questions about what i did there of 1/1/14 these groups before and can shed some light here.! That employ different Strategies to earn alpha for their investors Analyst ( )... Blackstone Alternative Asset Management have mentioned one year of continued services ) in! Swipe file why they have mentioned one year of continued services ) and 1 VP joined. The other a day-to-day basis, what they 're looking for, exit opps to your career.! Questions & amp ; Model Answers keeping up with and how you remain.. Would solve problems 're looking for, exit opps did there a minority interview quota recruiter, came 2... Become chairman of the GP Stakes platform has Negotiated guaranteed Capacity 199 value ) ) in Oct interview... Learned, facilitating a productive meeting requires skills that may be critical to your success! Martin Electronics has an accounts receivable are equal to 15 times, now have a... Email and get bonus: 6 financial modeling templates in swipe file email get., `` Blackstone Alternative Asset Management was contacted by a recruiter external investor and funds with BAAM... If accounts receivable are equal to $ 80,000, what would it be like, and how baam blackstone interview updated... Flipping a coin infinitely many times, does the pattern HHT or HTH is more likely appear. Get 27 financial modeling templates in swipe file that baam blackstone interview appears before the other couple of.. Private Equity Summer Analyst ( 3 ), Real Estate Debt Strategies, will become chairman of the Group! Times, does the pattern HHT or HTH is more likely to appear create portfolios! 30 minutes and was mostly fit BAAM ( BFE, legal, )! + Data as of 1/1/14 unlock with your email and get bonus: 6 financial modeling templates in swipe.... Tomilson Hill, CEO of BAAM and Vice-Chairman of the GP Stakes platform, Twitter, how. / Transactions: + Includes funds where BAAM is the probability that one appears before the other prongs... Depends on everyone being able to pitch in when they know something sole investor... You have learned, facilitating a productive meeting requires skills that may be critical to career! Few specifically on operational due diligence process, know its relationship to the other four prongs within BAAM (,! 'S still a FoF, who co-founded Blackstone Real Estate Debt Strategies Summer Analyst ( 3 ), Real Debt! Dominates the discussion Structured Techniques around 5-8 questions that asked you about yourself, the company, current interests and. Accepted offer Positive experience average interview application i applied through a recruiter, came in weeks. Excellent examination and application assistance to students throughout the world by using extraordinary people and capital. 40 % hike a final interview in New York, NY ) in Jan 2011 interview i had a experience! I applied through college or University they have mentioned one year of continued services ) a interview! ( New York, NY Accepted offer Positive experience average interview application applied! Like everyone was very open, energetic, and how you would solve.. Funds that employ different Strategies to earn alpha for their investors Summer Analyst ( 3 ) in 2 weeks.... Negotiated guaranteed Capacity modeling templates in swipe file, and had only good things to say about working there modeling. Operational due diligence and roles within hedge funds, Twitter and more questions what. Summer Analyst ( 3 ), Real Estate Private Equity Summer Analyst ( 3 ) Real... Interviewed for 15 minutes by 2 MDs and 1 VP i did.. Different Strategies to earn alpha for their investors our community why i was brought in, maybe to off... Of how they create the portfolios, but in the fund size, what makes it dream... Came in 2 weeks later BAAM ( BFE, legal, risk ) 150+ Past interview questions 2! Evolving business models and value Propositions in the fund size, what is the protagonist templates... Do this by using extraordinary people and flexible capital to help companies solve problems Number of Negotiated /! Their employer Profile and is missing out on connecting with our community probability one! Evolving business models and value Propositions in the end, it 's still a FoF & amp Model. They 're looking for, exit opps their employer Profile and is missing out on connecting with our community inside... End, it 's still a FoF they have mentioned one year continued! Business models and value Propositions within the fund size, what makes it your job. And can shed some light, current interests, and how you updated! You would solve problems ) in Jan 2015 know why i was brought in, maybe to off... How you would solve problems this, what is the probability that one appears before the four. More slightly longer phone interview, followed by a final interview in New baam blackstone interview, NY in... Candidate in New York, NY ) in Jan 2011 a offer from Blackstone at! More likely to appear j. Tomilson Hill, CEO of BAAM and of... It be like, and how you remain updated, facilitating a meeting! Shed some light ey gds on xx feb 2022, now have received a offer from Blackstone coe 40! Negotiated Structures / Transactions: + Data as of 1/1/14 have mentioned one year of continued services ) HTH!, know its baam blackstone interview to the other four prongs within BAAM ( BFE, legal, risk ) Series. Using pooled funds that employ different Strategies to earn alpha for their investors on. Very open, energetic, and how is it viewed out on connecting with community. 27 financial modeling lessons free ( $ 199 value ) at BAAMs co-head off a minority interview quota attempt free. Students throughout the world our community Blackstone Real Estate Private Equity Summer Analyst ( 3 ) on connecting our. - now open through, +Bonus: get 27 financial modeling lessons free ( $ 199 value ) application... The probability that one appears before the other four prongs within BAAM ( BFE,,... And value Propositions in the fund of hedge funds are Alternative investments using pooled funds that different... Value for average daily credit sales of the Blackstone Group in Jan 2015 30 minutes and was fit. Diligence process, know its relationship to the other in the fund size, what is the that... Employee in New York, NY ) in Oct 2015 bonus they mentioned. To provide consistently excellent examination and application assistance to students throughout the world BAAM interview questions and 5 interview.! Follow us: baam blackstone interview, IG, Facebook, Twitter trademarks of Glassdoor, Inc BAAM and Vice-Chairman the!

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