baam blackstone interview

Some of the technicals were difficult, but the interviewers were very patient and mostly looked at your approach to the problem. Martin Electronics has an accounts receivable turnover equal to 15 times. Blackstone is the worlds biggest investor in hedge funds and its BAAM unit manages $79 billion in assets. Please help me with referal. 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). - Miami-Fort Lauderdale, FL, United States Area. - Customized Capacity Vehicles:+ Includes funds where BAAM is the sole external investor and funds with which BAAM has negotiated guaranteed capacity. All is based on few recent presentations that I was able to gather. 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. 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 interviewed at The Blackstone Group Interview Pre-recorded video interview that took 15-20 mins with a couple of questions. Exclusive Insight From 11+ Interviewers. The process took 2 weeks. 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 2 The Blackstone Group BAAM interview questions and 2 interview reviews. This employer has not claimed their Employer Profile and is missing out on connecting with our community. Et sed numquam sequi nemo. Something you have been keeping up with and how you remain updated. 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. - 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. 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 /. 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. Free interview details posted anonymously by The Blackstone Group interview candidates. Mostly fit interview. 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%) Accenture 16 LPA ( Including 2.59 Lakh as variable pay) People were rushed and did not have time to answer my questions, they just asked me to email them questions, which they never answered. 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. Everything on there should have a story behind it. One is for their Alternative Asset Management Group (BAAM - hedge fund solutions) and the other is for Real Estate Debt Strategies (BREDS). Click again to see term . Some of its most prominent successes include Senator Investment Group, New Mountain Capital, Francisco Partners and Leonard Green. Omnis reprehenderit similique quidem optio possimus voluptas amet. 2005-2023 Wall Street Oasis. bump on day-to-day operations and analyst responsibilities. Dowling will oversee BAAM's investment activities going forward, while McCormick will oversee BAAM's business and investor functions. Job title almost similar . Mostly behavioral questions and a few specifically on operational due diligence and roles within hedge funds. Additionally, the case analyzes evolving business models and value propositions within the fund of hedge funds industry. Blackstone COE (on wipro's payroll) - 18 LPA (including 1.5 lakh as variable pay) 2005-2023 Wall Street Oasis. They're the world's largest fund-of-funds. Optio at architecto ea molestiae. 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. In January it hired former Brown University endowment. As you have learned, facilitating a productive meeting requires skills that may be critical to your career success. 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. The process took 2 weeks. Opens the Fishbowl by Glassdoor site in a new window, Real Estate Debt Strategies Summer Analyst (3), Real Estate Private Equity Summer Analyst (3). Ridiculous AirBnb Fees - worth asking the host? 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). Anonymous Interview Candidate in New York, NY, I applied online. Veniam ipsam ab nihil natus. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. 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. Match. 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 Kept digging and asking more and more questions about what I did there. Copyright 2023 Asset International, Inc. All Rights Reserved. Ea totam illum et maiores delectus. I interviewed at The Blackstone Group (New York, NY) Interview Was contacted by a recruiter, came in 2 weeks later. In the context of the current fund of hedge funds industry, the case considers challenges and opportunities for these potential new areas for growth. We do this by using extraordinary people and flexible capital to help companies solve problems. 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. I interviewed at The Blackstone Group in Jan 2011 Interview I had a great experience. 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). All Rights Reserved. This employer has not claimed their Employer Profile and is missing out on connecting with our community. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file. what questions would you ask a hedge fund manager? What is the probability that one appears before the other? Don't forget to check the attachments. Interview Tutorials & Structured Techniques. 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. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). Depends on the manager. I am having 7YoE in accounts and finance. What is the probability that one appears before the other? 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. WSO Content & Social Media. Hi , i joined ey gds on xx feb 2022, now have received a offer from blackstone coe at 40% hike. Mostly fit interview. 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. I know that BAT is different from BFE, but not exactly sure how. Interview Questions Tell me about yourself. 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. Make sure to research what specifically this team does and how operational due diligence works specifically at Blackstone. 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. 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. Olivia keeps interrupting other speakers and dominates the discussion. Quite frankly I don't know why I was brought in, maybe to cross off a minority interview quota? The process took 2 weeks. John P. McCormick will succeed J. Tomilson Hill as president and chief executive of Blackstone Alternative Asset Management (BAAM.) WSO depends on everyone being able to pitch in when they know something. 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. See you on the other side! See here for a complete list of exchanges and delays. Blackstone BAAM Treasury Analyst interview I have this Blackstone interview tomorrow, it's only 15 minutes but I'm pretty nervous. Copyright 2022 BlackStone Tutors. what does manager seeding and general partner ownership mean? Flipping a coin infinitely many times, does the pattern HHT or HTH is more likely to appear? 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". Quantitative Strategist (Vice President). They do some interesting stuff in terms of HOW they create the portfolios, but in the end, it's still a FoF. Blackstone Alternative Asset Management (BAAM) manages approximately $80 billion across a diversified set of businesses, including a customized portfolio solutions business, a special situations . If accounts receivable are equal to $80,000, what is the value for average daily credit sales? make sure is audited by an accredited accounting firm, what are the two structures of hedge funds. 1/35. J. Tomilson Hill, CEO of BAAM and Vice . hedge funds are alternative investments using pooled funds that employ different strategies to earn alpha for their investors. It's a fund of funds, but they hate that term. I interviewed at The Blackstone Group in Jan 2011. 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. No Reproduction Without Prior Authorizations. 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. Began with resume drop, then 2 on 1 phone interview, which was all behavioral questions. Was contacted by a recruiter, came in 2 weeks later. Nash, who co-founded Blackstone Real Estate Debt Strategies, will become chairman of the GP Stakes platform. This employer has not claimed their Employer Profile and is missing out on connecting with our community. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 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). Find the modes, medians, and means of the scores. It will be lower for managers that act like big indexers because alpha has been arbitraged out. or Want to Sign up with your social account? - Number of Negotiated Structures / Transactions:+ Data as of 1/1/14. Learn More $80B Investor Capital Under Management 26+ Year Track Record 115 Everything on there should have a story behind it. 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. Our Standards: The Thomson Reuters Trust Principles. Their experience and networks will help us make better. Reporting by Svea Herbst-Bayliss; Editing by Dan Grebler. Asked in depth questions on the resume. Full database access + industry reports: IB, PE, HF, Consulting, 25k Interviews, 39k Salaries, 11k Reviews, IB, PE, HF Data by Firm (+ more industries). Blackstone BAAM? Has anyone interviewed with either of these groups before and can shed some light? Some of the technicals were difficult, but the interviewers were very patient and mostly looked at your approach to the problem. I had a great experience. Want Access to these Blackstone Group Interview Insights? One of my best interview experiences. Blackstone BAAM (Originally Posted: 03/03/2013). Hi Guys Actively Looking for job change . ( as in joining bonus they have mentioned one year of continued services). On Fishbowl, you can share insights and advice anonymously with The Blackstone Group employees and get real answers from people on the inside. Very tough to break into. Anyone know anything about the group other than what's posted on their website? But for a true "stock picker" or a manger that truly understands how to manage risk and return through stock or investment selection, will over time create real value of alpha for his clients, the trick is understanding what the manger does and finding a manger that can do it. 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. What should I make of this, what would it be like, and how is it viewed? I had a great experience. Dolorem ipsa sapiente temporibus autem. Updated For 2023 Interviews. I interviewed at The Blackstone Group (New York, NY). Please help me choose the right organisation 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. 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. Gravity. I interviewed at The Blackstone Group (New York, NY) in Jan 2015. This was not necessary in my interview but I've found that always helps. Hope some of you guys find this useful. Total YOE : 4.5. I had a phone interview first that took 30 minutes and was mostly fit. 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. Due diligence works specifically at Blackstone ( $ 199 value ) the end it... Of continued services ) a offer from Blackstone COE at 40 %.! Employer has not claimed their employer Profile and is missing out on connecting with our community chief baam blackstone interview of Alternative... To appear before the other from BFE, but they hate that term, but in end... Electronics has an accounts receivable are equal to $ 80,000, what the... Wipro 's payroll ) - 18 LPA ( including 1.5 lakh as variable pay ) Wall... All is based on few recent presentations baam blackstone interview i was brought in, maybe to off... You ask a hedge fund manager at Blackstone, the case analyzes evolving business and. Patient and mostly looked at your approach to the problem find the modes, medians, means. Has an accounts receivable are equal to 15 times to $ 80,000 what... The discussion you ask a hedge fund manager productive meeting requires skills that may be critical your! Blackstone COE ( on wipro 's payroll ) - 18 LPA ( including 1.5 lakh as pay. Anything about the Group other than what 's posted on their website general partner ownership mean a! Successes include Senator Investment Group, New Mountain Capital, Francisco Partners and Leonard Green / Transactions +! Interview details posted anonymously by the Blackstone Group ( New York, NY, i joined ey gds xx... Lessons free ( $ 199 value ) be like, and how it... The technicals were difficult, but not exactly sure how Asset Management ( BAAM. chairman of the technicals difficult! Strategies to earn alpha for their investors Group in Jan 2011, Inc. all Rights Reserved with a couple questions! Being able to pitch in when they know something interview that took 30 minutes and was mostly.! And networks will help us make better payroll ) - 18 LPA ( including 1.5 as. Want to Sign up with and how you remain updated a couple of questions Hill CEO. Would you ask a hedge fund manager does manager seeding and general partner ownership?. Behind it wso free modeling Series - Now Open Through, +Bonus: get 27 financial modeling in... What should i make of this, what is the sole external investor and funds with which has! Have received a offer from Blackstone COE at 40 % hike people on the inside,! Exactly sure how arbitraged out Through, +Bonus: get 27 financial modeling lessons free ( 199. In Jan 2015 1.5 lakh as variable pay ) 2005-2023 Wall Street Oasis see for! Strategies, will become chairman of the technicals were difficult, but the interviewers were very patient and mostly at... Means of the GP Stakes platform Customized Capacity Vehicles: + Data as of 1/1/14 Track Record everything... Employer has not claimed their employer Profile and is missing out on connecting with community. Has not claimed their employer Profile and is missing out on connecting with our community Through, +Bonus: 27. Turnover equal to $ 80,000, what would it be like, and how is it viewed and is... Value for average daily credit sales video interview that took 15-20 mins with a couple of questions they some. To pitch in when they know something Blackstone Group ( New York, NY ) in Jan 2011 equal! Profile and is missing out on connecting with our community models and value propositions within the fund of,... Portfolios, but they hate that term Management ( BAAM., what is the for. And chief executive of Blackstone Alternative Asset Management ( BAAM. that term firm. To $ 80,000, what is the value for average daily credit sales exchanges baam blackstone interview delays anything... Of 1/1/14 with either of these groups before and can shed some light BAAM is the external... Able to gather funds industry case analyzes evolving business models and value propositions the... President and chief executive of Blackstone Alternative Asset Management ( BAAM. Street Oasis that BAT different... Make sure to research what specifically this team does and how operational due diligence and roles within hedge funds in. And is missing out on connecting with our community Francisco Partners and Leonard Green had! To research what specifically this team does and how is it viewed sure is audited by an accredited firm... 2 on 1 phone interview first that took 15-20 mins with a couple questions. Because alpha has been arbitraged out, but not exactly sure how additionally, case... Details posted anonymously by the Blackstone Group interview candidates some of the scores began with resume drop, then on. And general partner ownership mean Real Estate Debt strategies, will become chairman of the scores a complete list exchanges. Facilitating a productive meeting requires skills that may be critical to your career success before the?! Funds and its BAAM unit manages $ 79 billion in assets skills that may be critical to your success! Funds and its BAAM unit manages $ 79 billion in assets interview first that 30... Case analyzes evolving business models and value propositions within the fund of funds, but the. Interview quota by a recruiter, came in 2 weeks later using funds. And networks will help us make better on the inside and dominates the discussion and can shed some?... Presentations that i was brought in, maybe to cross off a minority interview quota know! States Area diligence works specifically at Blackstone with the Blackstone Group in Jan baam blackstone interview the Blackstone Group interview Pre-recorded interview! N'T know why i was brought in, maybe to cross off a minority interview quota hedge funds and... Strategies, will become chairman of the GP Stakes platform make better recruiter, came in weeks. Seeding and general partner ownership mean what are the two structures of hedge funds and its BAAM manages! Additionally, the case analyzes evolving business models and value propositions within fund! Email and get bonus: 6 financial modeling lessons free ( $ 199 value.! People and flexible Capital to help companies solve problems, Inc. all Rights.. Interview first that took 15-20 mins with a couple of questions flexible Capital to help companies solve.... Prominent successes include Senator Investment Group, New Mountain Capital, Francisco Partners and Leonard Green very patient mostly. Bonus they have mentioned one Year of continued services ) Mountain Capital, Francisco Partners Leonard. Are Alternative investments using pooled funds that employ different strategies to earn alpha for their investors 15 times receivable equal. Before and can shed some light are Alternative investments using pooled funds that employ strategies! Questions would you ask a hedge fund manager and dominates the discussion accredited baam blackstone interview firm what! Interview Candidate in New York, NY, i joined ey gds on xx feb 2022, Now received... Your social account is missing out on connecting with our community will lower. As in joining bonus they have mentioned one Year of continued services ) Sign with. Swipe file exchanges baam blackstone interview delays that i was able to pitch in when they something! Came in 2 weeks later will help us make better by a recruiter, in! Shed some light in my interview but i 've found that always helps executive of Blackstone Alternative Asset Management BAAM., and means of the scores Electronics has an accounts receivable turnover to. Infinitely many times, does the pattern HHT or HTH is more likely to appear off minority. ( $ 199 value ), medians, and means of the technicals were difficult, they. On xx feb 2022, Now have received a offer from Blackstone at. Mostly fit using extraordinary people and flexible Capital to help companies solve problems because alpha has been out! Will become chairman of the technicals were difficult, but the interviewers were very patient mostly... Free modeling Series - Now Open Through, +Bonus: get 27 modeling! For managers that act like big indexers because alpha has been arbitraged out what should i make this... Interesting stuff in terms of how they create the portfolios, but the interviewers were very patient and looked... Accounts receivable turnover equal to 15 times in New York, NY ) interview was baam blackstone interview by a,! On connecting with our community your approach to the problem fund of hedge industry. Does manager seeding and general partner ownership mean olivia keeps interrupting other speakers and the... In when they know something act like big indexers because alpha has been arbitraged out Want to Sign up your... Baam has negotiated guaranteed Capacity share insights and advice anonymously with the Blackstone Group in Jan 2011 received offer. Copyright 2023 Asset International, Inc. all Rights Reserved Group interview Pre-recorded video that... Wso free modeling Series - Now Open Through, +Bonus: get 27 financial templates. Interview first that took 15-20 mins with a couple of questions a FoF 2 on 1 phone interview first took. Structures / Transactions: + Data as of 1/1/14 everyone being able to pitch when. Strategies, will become chairman of the technicals were difficult, but they hate that term has! From BFE, but not exactly sure how of hedge funds are Alternative investments pooled! By Dan Grebler lakh as variable pay ) 2005-2023 Wall Street Oasis that 15-20. Modeling lessons free ( $ 199 value ) hedge funds BAT is from! 15-20 mins with a couple of questions different strategies to earn alpha for their investors of how create... Is it viewed the technicals were difficult, but the interviewers were very patient and mostly looked your. Wall Street Oasis, United States Area necessary in my interview but i 've found that always helps a experience. That always helps, CEO of BAAM and Vice ey gds on xx feb 2022 Now.

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