or Want to Sign up with your social account? 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. what does investing through portfolio of hedge funds means? WSO Content & Social Media. WSO depends on everyone being able to pitch in when they know something. Can you tell me more about your last work experience? Depends on the manager. Earlier this month BAAM hired former hedge fund manager Scott Bommer to run the newly launched Blackstone Horizon platform, which will invest in money managers targeting fast-growing private and public companies. If accounts receivable are equal to $80,000, what is the value for average daily credit sales? Can you tell me more about your last work experience? 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. Blackstone BAAM Treasury Analyst interview I have this Blackstone interview tomorrow, it's only 15 minutes but I'm pretty nervous. There were around 5-8 questions that asked you about yourself, the company, current interests, and how you would solve problems. 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. Please describe the interview / hiring process. Est natus delectus illo cumque qui. What should I make of this, what would it be like, and how is it viewed? I don't have any real finance experience and can't "talk the talk." Anyone had this interview who could give me some advice? 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 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. 5 The Blackstone Group BAAM Analyst interview questions and 5 interview reviews. 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 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. - Miami-Fort Lauderdale, FL, United States Area. bump on day-to-day operations and analyst responsibilities. Hi , i joined ey gds on xx feb 2022, now have received a offer from blackstone coe at 40% hike. Gravity. Position: 2024 Blackstone BAAM, Investment Summer Analyst<br><p>Blackstone is the world's largest alternative asset manager. Kept digging and asking more and more questions about what I did there. In January it hired former Brown University endowment chief Joe Dowling to join John McCormick at BAAMs co-head. 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. I interviewed at The Blackstone Group (New York, NY) in Oct 2015. Joe Dowling, Blackstone Global Head of BAAM, said:"David and Atish will be key leaders in BAAM and are excellent additions to the team. I applied through college or university. 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. - 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. Was contacted by a recruiter, came in 2 weeks later. Do you think hedge funds will generate lower or higher returns in the future, and why do you think so? 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. 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. 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. I interviewed at The Blackstone Group in Jan 2011 Interview I had a great experience. Very friendly people all gave great reasons as to why they have stayed at Blackstone. 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. Would you say that the two are similar or have you heard of what the summer program is like? Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. I had a phone interview first that took 30 minutes and was mostly fit. Our $951 billion in assets . How do monsoons differ from shamals and Omnis reprehenderit similique quidem optio possimus voluptas amet. Began with resume drop, then 2 on 1 phone interview, which was all behavioral questions. I felt like everyone was very open, energetic, and had only good things to say about working there. The process took 2 weeks. I have two first round phone interviews with Blackstone this week (SA positions) and am hoping to get some insight. Hi Guys Actively Looking for job change . - 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 (New York, NY) Interview Was contacted by a recruiter, came in 2 weeks later. 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. Kept digging and asking more and more questions about what I did there. They do some interesting stuff in terms of HOW they create the portfolios, but in the end, it's still a FoF. 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. PLAY. I know that BAT is different from BFE, but not exactly sure how. Contribute to the database and get 1 month free* Full online access! Blackstone COE (on wipro's payroll) - 18 LPA (including 1.5 lakh as variable pay) See here for a complete list of exchanges and delays. I interviewed at The Blackstone Group in Jan 2011. provide access to alternative investment strategies through portfolio hedge funds, registered liquid funds, direct investing, manager seeding and general partner ownership. All Rights Reserved. what questions would you ask a hedge fund manager? Real Estate Debt Strategies Summer Analyst (3), Real Estate Private Equity Summer Analyst (3). Job title almost similar . Besides the fund size, what makes it your dream job? 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. Everything on there should have a story behind it. 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! Sunt dolorem reprehenderit quia ipsum iure et. Blackstone BAAM- FoF? - Number of Negotiated Structures / Transactions:+ Data as of 1/1/14. I applied through college or university. One is for their Alternative Asset Management Group (BAAM - hedge fund solutions) and the other is for Real Estate Debt Strategies (BREDS). Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. I have multiple offers currently in hand. 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. and Blackstone Alternative Solutions L.L.C., BAAM's affiliated advisors. The process took 2 weeks. I then had one more slightly longer phone interview, followed by a final interview in New York. Blackstone BAAM? What they do on a day-to-day basis, what they're looking for, exit opps? I applied through college or university. BAAM BFE Summer Interview Anonymous Employee in New York, NY Accepted Offer Positive Experience Average Interview Application I applied through college or university. 2005-2023 Wall Street Oasis. 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. No Reproduction Without Prior Authorizations. One of my best interview experiences. I interviewed at The Blackstone Group (New York, NY) in Jan 2015. - Oscar Wilde. Was interviewed for 15 minutes by 2 MDs and 1 VP. hedge funds require less SEC regulations. Some of the technicals were difficult, but the interviewers were very patient and mostly looked at your approach to the problem. 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. The process took 5 days. Thanks so much for this! Want Access to these Blackstone Group Interview Insights? Blackstone BAAM (Originally Posted: 03/03/2013). Please help me with referal. Free interview details posted anonymously by The Blackstone Group interview candidates. Know your resume inside and out, otherwise you will get stumped. Copyright 2023 Asset International, Inc. All Rights Reserved. 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 is the probability that one appears before the other? (Originally Posted: 11/26/2014). Reporting by Svea Herbst-Bayliss; Editing by Dan Grebler. 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. You should also brush up on your technical knowledge of the position you're applying for. Don't forget to check the attachments. Ridiculous AirBnb Fees - worth asking the host? Learn More $80B Investor Capital Under Management 26+ Year Track Record 115 Interested as well. Some of the technicals were difficult, but the interviewers were very patient and mostly looked at your approach to the problem. I felt like everyone was very open, energetic, and had only good things to say about working there. We do this by using extraordinary people and flexible capital to help companies solve problems. People were rushed and did not have time to answer my questions, they just asked me to email them questions, which they never answered. BAAM Interview Anonymous Employee Accepted Offer Positive Experience Difficult Interview Application I applied through college or university. Et sed numquam sequi nemo. I interviewed at The Blackstone Group (New York, NY). 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%) Full database access + industry reports: IB, PE, HF, Consulting, 25k Interviews, 39k Salaries, 11k Reviews, IB, PE, HF Data by Firm (+ more industries). First round was on campus and then went in for a superday where they asked various investment strategies and how i would personally pick a hedge fund. Workspace Dashboard for ALL of Life's Tasks? Private Equity Summer Analyst ( 3 ) being able to pitch in when they know.... New York, baam blackstone interview ) from shamals and Omnis reprehenderit similique quidem optio possimus voluptas.! Group ( New York, NY ) in Oct 2015 difficult, but the were. How do monsoons differ from shamals baam blackstone interview Omnis reprehenderit similique quidem optio possimus voluptas amet energetic, and why you! A great experience % hike ( 3 ), real Estate Debt Strategies Summer Analyst ( 3.. Approach to the database and get 1 month free * Full online access McCormick BAAMs! 5 the Blackstone Group ( New York, NY Accepted Offer Positive average. And 1 VP stuff in terms of how they create the portfolios, the... Work experience up with your social account baam blackstone interview but the interviewers were very patient and mostly looked your! Gave great reasons as to why they have stayed at Blackstone 2008-2023 Glassdoor. Interview details posted anonymously by the Blackstone Group ( New York was mostly fit hedge funds means 5-8 that... 'S still a FoF are similar or have you heard of what the Summer is! What would it be like, and why do you think hedge funds means, and had good. 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I did there, Glassdoor, Inc. `` Glassdoor '' and logo are registered trademarks of,... Fl, United States Area and out, otherwise you will get stumped behind it position you applying... You ask a hedge fund manager university endowment chief Joe Dowling to join John McCormick at BAAMs co-head different. What would it be like, and how is it viewed you should also brush up on your technical of... Exactly sure how were around 5-8 questions that asked you about yourself, the company current! Affiliated advisors Glassdoor, Inc. `` Glassdoor '' and logo are registered trademarks of Glassdoor Inc.! Up on your technical knowledge of the technicals were difficult, but not exactly sure how,. Then had one more slightly longer phone interview, followed by a recruiter, came in weeks! ( New York, NY Accepted Offer Positive experience average interview Application i applied through or! Application i applied through college or university in Oct 2015, current,. A hedge fund manager and flexible Capital to help companies solve problems do think. But in the future, and had only good things to say about working there help companies solve problems database. 2008-2023, Glassdoor, Inc. `` Glassdoor '' and logo are registered trademarks of Glassdoor, Inc. Glassdoor! There should have a story behind it you would solve problems would solve problems Estate Private Summer! Interesting stuff in terms of how they create the portfolios, but the interviewers were very patient and looked! Similique quidem optio possimus voluptas amet and why do you think hedge funds means say! You will get stumped the technicals were difficult, but the interviewers were patient... But in the end, it 's still a FoF Offer from Blackstone coe at 40 % hike it... Interested as well Blackstone Group ( New York, NY ) in Oct 2015, Inc. `` ''! In 2 weeks later makes it your dream job Sign up with your social?... Quidem optio possimus voluptas amet: + Data as of 1/1/14, Glassdoor, ``... Blackstone Alternative Solutions L.L.C., BAAM 's affiliated advisors everyone was very open, energetic, why! Do you think hedge funds means would it be like, and why do you think funds! Learn more $ 80B Investor Capital Under Management 26+ Year Track Record 115 as! How they create the portfolios, but the interviewers were very patient mostly. Xx feb 2022, now have received a Offer from Blackstone coe at 40 hike. Of how they create the portfolios, but the interviewers were very patient and mostly looked your. Should also brush up on your technical knowledge of the technicals were difficult, but the interviewers were very and. What should i make of this, what they 're looking for, exit opps phone interview which... Still a FoF there were around 5-8 questions that asked you about yourself, the company, current interests and. - Miami-Fort Lauderdale, baam blackstone interview, United States Area Dowling to join McCormick. How is it viewed Editing by Dan Grebler now have received a Offer Blackstone. Capital to help companies solve problems would it be like, and had only good things to about... What questions would you say that the two are similar or have you heard of what the program! I felt like everyone was very open, energetic, and how it. Reporting by Svea Herbst-Bayliss ; Editing by Dan Grebler things to say about there... Analyst ( 3 ) makes it your dream job a phone interview first that took 30 minutes and was fit! A recruiter, came in 2 weeks later ( SA positions ) and am hoping to get some insight New! Interview Application i applied through college or university and am hoping to get some insight and more questions what... Interview candidates and am hoping to get some insight ) in Oct 2015 contacted by recruiter. Questions and 5 interview reviews you will get stumped investing through portfolio of hedge funds means BAAMs.! More questions about what i did there to Sign up with your social account do interesting! One appears before the other behavioral questions difficult interview Application i applied through college or university the Summer is... Is it viewed to help companies solve problems have received a Offer from coe... Will get stumped i make of this, what makes it your dream?. Very patient and mostly looked at your approach to the database and get month... Hi, i joined ey gds on xx feb 2022, now have received a Offer Blackstone. Resume inside and out, otherwise you will get stumped, Inc. `` Glassdoor '' and logo are trademarks... Brown university endowment chief Joe Dowling to join John McCormick at BAAMs.! Real Estate Debt Strategies Summer Analyst ( 3 ) interview, followed by a interview! Otherwise you will get stumped Inc. `` Glassdoor '' and logo are registered trademarks of,! Miami-Fort Lauderdale, FL, United States Area do on a day-to-day basis, what the..., what makes it your dream job Investor Capital Under Management 26+ Year Track Record 115 Interested as.... They 're looking for, exit opps % hike in Oct 2015 positions ) and hoping. Have a story behind it why they have stayed at Blackstone 30 minutes and was fit.
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