The strategy relies solely on quantitative analysis to build signals that aretranslated to financial instrument orders. (1) Blackstone and its affiliates have financial interests in asset managers. Plan your career in the wide world of finance. Click here to join our private community of job search experts on Slack to . Does anyone know if compliance at Blackstone etc. All investors should consider the investment objectives, risks, charges and expenses of BXMIX, Class I carefully before investing. Kept digging and asking more and more questions about what I did there. The parent company of a SubAdviser owns a controlling, majority interest in Arcesium and Blackstone Alternative Asset Management L.P. owns a noncontrolling, minority interest in Arcesium. Blackstone does not guarantee the accuracy and completeness of such information and provides no assurance regarding the performance, management or affairs of the Sub-Adviser. Blackstone BXMIX is a core alternative solution providing a diversified blend of alternative strategies and managers in a single daily liquid mutual fund. Emso evaluates investment opportunities and performs an assessment of the risks related to those investments as well as the opportunities to mitigate them. The value of the Funds shares may go down as well as up and there can be no assurance that the Fund will achieve its investment objectives or avoid significant losses. Legal structuring? Worlds largest discretionary investor in hedge funds1 with $80 billion in AUM2, Large investment team with experience across all of the key investment strategies, Disciplined investment and operational due diligence; proprietary risk management and technology, Deep, differentiated relationships with hedge fund talent. Describe in 60 seconds why you are a good fit for Blackstone. Be the first to find this interview helpful. It's a waste of your own money traveling to an interview from a different city through NYC to not even get an email update. Do your homework ahead of time. Real Estate Debt Strategies Summer Analyst (3), Real Estate Private Equity Summer Analyst (3), interview process at The Blackstone Group. Superday is good. The Blackstone Group interview details: 500 interview questions and 473 interview reviews posted anonymously by The Blackstone Group interview candidates. Apertures investment strategy aims to identify and invest in enablers, beneficiaries, and targets of transformation. On-campus interview followed by a super day in New York. Does anyone know if compliance at Blackstone etc. Bayforests proprietary algorithm consumes large quantities of data to infer actionable insights in real time, which in turn are used to identifying complex patterns that may be formed because of market inefficiencies. I have two first round phone interviews with Blackstone this week (SA positions) and am hoping to get some insight. Investment returns and principal values may fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Allocations of capital across these desks is based on VaR risk budget. BAAM invests in alternative investment strategies for leading institutional investors and sophisticated individuals, seeking attractive risk-adjusted returns to meet our clients' investment goals. Thanks! I interviewed at The Blackstone Group (Singapore) in Feb 2023. Thanks! I'm interested in learning about this as well. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Had basic phone screening call with a BS recruiter with standard questions about resume and gave additional information about the position. Salary level, culture, etc. All investors are urged to carefully read the prospectus and the summary prospectus, in its entirety before investing. I then had one more slightly longer phone interview, followed by a final interview in New York. 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. Assumenda quisquam voluptas neque expedita. Blackstone BAAM Investment Final Round (Originally Posted: 01/31/2015). Initial meeting with the hiring manager, followed by a long interview to meet many members of the team. If you are an individual retirement investor, contact your financial advisor or other fiduciary unrelated to BAIA about whether any given investment idea, strategy, product or service described herein may be appropriate for your circumstances. Diversification is critical in investing and helps reduce risk in a portfolio. Diversification does not ensure a profit or guarantee against loss. Nihil assumenda suscipit enim fuga. Real Estate Debt Strategies Summer Analyst (3), Real Estate Private Equity Summer Analyst (3), The Ultimate Job Interview Preparation Guide. BAIA is responsible for selecting the strategies, for identifying and retaining Sub-Advisers with expertise in the selected strategies, and for determining the amount of Fund assets to allocate to each strategy and to each Sub-Adviser. I interviewed at The Blackstone Group, You get sent a link to take a pymetrics game test online, you play various timed games which test your problem solving and personality traits, takes about twenty five minutes. J. Standard deviation is calculated as the square root of variance. Thanks! One stress-test/question based interview. 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. Types of questions? Capability to work 60 Hours as Intern? Mr. Morris has authored many thematic research publications, including A Froth Finding Mission (Jan 2006), a 100-page report that anticipated the 2006-09 housing bust. For a discussion of this and other conflicts, please see the Additional Disclosure section at the end of this document. Just curious. The strategys objective is to produce, across a variety of market conditions, attractive long-term risk-adjusted returns with moderate beta to the S&P 500 and various other major asset classes. Blackstone BAAM interview (Originally Posted: 09/27/2009). Why BlackRock? I applied on campus, and first round was 20 minute phone interview with an investment analyst. In the case of equity indices, performance of the indices reflects the reinvestment of dividends. This employer has not claimed their Employer Profile and is missing out on connecting with our community. Leveraging an investable universe that includes over 2,000 small cap companies traded in the US, the strategy focuses primarily within the Consumer Discretionary, Information Technology, Healthcare, Industrials and Materials sectors. Is this for NYC or London or other locations? I'm interviewing with Portfolio Mgmt and Client Relations. The strategy for the Fund seeks to generate alpha by identifying mis-pricingsthat arise from the markets high level of retail investor participation (behavioral biases) and arbitrage opportunities created by regulatory frictions. Inactive sub-advisers are not currently managing any Fund assets. 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. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file, Blackstone First Round Interview (BAAM and BREDS) - Advise, Large Multi-Family Offices vs. Large Long-Only Firms. Check the background of this firm on FINRAs BrokerCheck. Any allocation by Blackstone to a subsidiary or other affiliates (such as BRESSA) benefits The Blackstone Group Inc. and any redemption or reduction of such allocation would be detrimental to The Blackstone Group Inc., creating potential conflicts of interest in allocation decisions. They tried to ask questions to test your intelligence by setting up hypothetical situations that you can't prepare for, and therefore have to reason through. - Lots of interview rounds. Their experience and networks will help us make better. The platform is easy to use and you can record more than once. Contribute to the database and get 1 month free* Full online access! Allocations may change at any time without notice. An investment in the Fund should be considered a speculative investment that entails substantial risks; you may lose part or all of your investment or your investment may not perform as well as other similar investments. AUM reflects total AUM of Two Sigma Advisers, including employee and proprietary capital, and has been adjusted downward to avoid double-counting certain assets. Does anyone know if compliance at Blackstone etc. Interview questions are pretty basic, and they tell you in person that the position is not the way it is described in the position you applied for- they let you know you will be working across two different departments, and they request 55-60 hours a week from interns. Standard Deviation:A measure of the dispersion of a set of data from its mean. Prior to that, Mr. Jaffe was an Associate at Ziff Brothers Investments, a multi-asset family office, where he worked in the risk and performance analytics group. The process took 4 months. (2) BAIAs estimated AUM is as of 03/31/2022. Then, I had another 20 minute phone interview with another analyst. I felt like everyone was very open, energetic, and had only good things to say about working there. - Miami-Fort Lauderdale, FL, United States Area. Had basic phone screening call with a BS recruiter with standard questions about resume and gave additional information about the position. Thoughts on ops role at PE firms like blackstone and kkr? Mr. Sickles received a BA in History from the University of Georgia and an MBA from the Kenan-Flagler Business School at the University of North Carolina Chapel Hill. One stress-test/question based interview. How can you deal with working in very stressful situations, tell me about your knowledge in alternative investments. Prior to joining HSBC, Mr. Morris worked for PaineWebber in London. The prospectus and summary prospectus contain this and other information about the Fund. Diversification does not ensure a profit or guarantee against loss. Waterfall is a specialist credit manager focused on high-yield asset-backed securities, real estate and consumer debt investments. Net Exposure: This is the difference between long and short investment positions in relation to the net asset value. The interview process was meeting with 6 different people, one could not attend and I had to interview with one in the office from the phone. Invests in a variety of alternative strategies in an effort to provide diversified exposures that are less dependent on market movements. Glassdoor users rated their interview experience at. The strategy seeks to generate alpha by taking advantage of mispricing in less efficient, and liquid sovereign bond markets. All investors are urged to carefully read the prospectus and the summary prospectus in its entirety before investing. An investment in the Fund should be considered a speculative investment that entails substantial risks; you may lose part or all of your investment or your investment may not perform as well as other investments. Emso is an emerging markets manager focused on credit, rates and currencies. Salary level, culture, etc. They serve as internal bankers for when portfolio managers have excess liquidity or need to borrow money to maintain their target leverage. BAIA manages a portion of the Funds assets directly. 5 The Blackstone Group BAAM Analyst interview questions and 5 interview reviews. What should I know /ask during the interview? See Principal Investment Risks of the prospectus for a detailed discussion of these and other risks applicable to the Fund. Mr. Abrahams has a B.A. On Fishbowl, you can share insights and advice anonymously with The Blackstone Group employees and get real answers from people on the inside. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). What is the probability that one appears before the other? This was not necessary in my interview but I've found that always helps. You should also brush up on your technical knowledge of the position you're applying for. Source InvestHedge Billion Dollar Club, as of December 31, 2021 based on AUM. Such investments presently include allocations to structured notes providing exposure to commodity and equity capital markets strategies managed by third-party investment managers, opportunistic trades and hedging. ERISA Fiduciary Disclosure: The foregoing information has not been provided in a fiduciary capacity under ERISA, and it is not intended to be, and should not be considered as, impartial investment advice. Mr. Morris is involved in top-down investment strategy, asset allocation and macroeconomic analysis for BAAM. Ah, what makes you think that's the case? I was told it might last for 2 hours but ended up going for 4 hours. Note: Past performance may not be a reliable guide to future performance. Salary level, culture, etc. Had a phone interview with someone with from Blackstone's BAAM Investing group 2 weeks ago and haven't heard anything back has anyone been notified? Tired of getting emails on Fridays that ruin my weekend. How does one get an interview for Blackstone BAAM? Blackstone's fund-of-funds portfolio, BAAM. I applied online. Superday is good. I applied on campus, and first round was 20 minute phone interview with an investment analyst. Max Jaffe is a Principal of the Hedge Fund Solutions Group (BAAM) where he serves as a portfolio manager for BAAMs registered funds platform. Alberto Santulin is a Managing Director of the Hedge Fund Solutions Group. Thoughts on ops role at PE firms like blackstone and kkr? Does anyone know if compliance at Blackstone etc. what are the interviews like for Blackstone Alternative Asset Management? Interviews at The Blackstone Group Experience Positive 55% Negative 15% Neutral 30% Getting an Interview Applied online 39% Campus Recruiting 27% Recruiter 14% Difficulty 3.1 Average Hard Average Easy Interviews for Top Jobs at The Blackstone Group Analyst (54) Summer Analyst (46) Software Engineer (21) Intern (21) See more interviews for top jobs Blackstone's Summer Analyst Program is 10-weeks in length and will provide participants broad exposure to the Firm. Three trading desks across North America offer a combination of (i) additional capacity; (ii) ability to scale; (iii) liquidity; (iv) market depth across tenors, and (v) performance. Position: Fund Accounting Associate, Blackstone Alternative Asset Management (BAAM) BPS<br>Location: Miami<br><p>Blackstone is the worlds largest alternative asset manager. Sign In. Interview Questions BRESSA benefits from the expertise, proprietary insight and deep relationships of the Blackstone real estate teams. Information about the Fund, including current month-end performance, is available on the Funds website at www.bxmix.com or by calling 855-890-7725. Blackstone Strategic Capital Advisors L.L.C. Good people. I interviewed at The Blackstone Group (New York, NY) in Dec 2022 Interview This is the pre-recorded interview, where they mainly ask about your background and relevant experiences. The process took 5 days. Great experience. Leverage Risk use of leverage can produce volatility and may exaggerate changes in the net asset value of Fund shares and in the return on the portfolio, which may increase the risk that the Fund will lose more than it has invested. His degree dissertation is titled Hedge Funds: Evolution and Investment Strategies. He has earned the right to use the Chartered Financial Analyst designation. 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