Mr. Ben-Ur joined Blackstone from CAM Capital, the single-family office of Bruce Kovner, where he served as Chief Investment Officer for nearly 10 years, and managed assets exclusively for entities related to Mr. Bruce Kovner and CAMs senior employees. Does Blackstone provide WLB for working mom? MSCIWorld Index TR: Market capitalization weighted index designed to provide a broad measure of large and mid-cap equity performance across 23 developed markets countries. Enim sed eius aut eveniet aut dolorum. 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. Interviews at The Blackstone Group Experience Positive 100% Getting an Interview Campus Recruiting 100% Difficulty 3.0 Average Hard Average Easy Interviews for Top Jobs at The Blackstone Group Analyst (53) Summer Analyst (45) Software Engineer (21) Intern (21) See more interviews for top jobs The emphasis is on securities that are undervalued either due to insufficient research coverage of the obligor or due to the complexity of their structure. Does Blackstone provide WLB for working mom? The end-to-end process is entirely systematic and aims to capture perceived market inefficiencies. Two fit interviews. Equity Securities Risk prices of equity and preferred securities fluctuate based on changes in a companys financial condition and overall market and economic conditions. 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. 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. The platform is easy to use and you can record more than once. The gross exposure is one indication of the level of leverage in a portfolio. The resulting portfolio is bucketed into five categories: credit, nominal rates, equities, inflation, and opportunistic. Can you give more about the details of what target you're at? - Miami-Fort Lauderdale, FL, United States Area. There can be no assurances that any of the trends described herein will continue or will not reverse. basic describe your background and why you should work here questions. Can you tell me more about your last work experience? Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Will follow up after to share my experience. Questions are easy to follow and answer. BAAM BSOF Investment Middle Office/Data Analyst - The Blackstone Group - New York NY (On Site) United States - data-analyst, new-york--ny-(on-site)--united-states, the-blackstone-group. Second round repeated the first, with interviews with MDs and finally an interview with an SMD. Short Exposure: Short selling a security not actually owned at the time of sale. Something you have been keeping up with and how you remain updated. Allocations may change at any time without notice. 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. Thanks! Salary level, culture, etc. Do you think hedge fund will generate lower or higher returns in the future, and why do you think so? (1) Blackstone and its affiliates have financial interests in asset managers. All investors are urged to carefully read the prospectus and the summary prospectus in its entirety before investing. Blackstone makes no assurances as to the accuracy or completeness thereof. What should I know /ask during the interview? 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. Such investments presently include allocations to funds managed by third-party asset managers, opportunistic trades and hedging. 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 What did the interview consist of? (1) Blackstone and its affiliates have financial interests in asset managers. Clear Sky is an equity hedge manager that focuses on a fundamental, low net, relative value-oriented strategy that invests opportunistically across the capital structure of companies within the broader energy ecosystem. Indices are unmanaged and investors cannot invest in an index. Blackstone Liquid Credit Strategies LLC (BX LCS), an affiliate of BAIA and an indirect whollyowned subsidiary of Blackstone Inc., serves as a SubAdviser. Tired of getting emails on Fridays that ruin my weekend. Max Jaffe is a Principal of the Hedge Fund Solutions Group (BAAM) where he serves as a portfolio manager for BAAMs registered funds platform. What should I know /ask during the interview? 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. The Sub-Adviser is a relative value long/short credit manager focused on liquid emerging markets. Glassdoor users rated their interview experience at The Blackstone Group as 47.1% positive with a difficulty rating score of 3.26 out of 5 (where 5 is the highest level of difficulty). Tempora aut velit sed eum molestias repudiandae. The indices may include holdings that are substantially different than investments held by BXMIX and do not reflect the strategy of the Fund. Opens the Fishbowl by Glassdoor site in a new window, Real Estate Debt Strategies Summer Analyst (3), Real Estate Private Equity Summer Analyst (3), The Ultimate Job Interview Preparation Guide. I received an offer from a small buy side firm (very old firm) and while the compensation isn't extraordinary, the exposure is a big selling point. Two Sigma Advisers applies its technology and expertise in financial markets to seek to consistently generate uncorrelated alpha across a wide range of market conditions. Investment returns and principal values may fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Blackstone utilizes technology offered by Arcesium LLC (Arcesium) to provide certain middle and backoffice services and technology to the Fund. Derivatives Risk the use of derivatives involves the risk that their value may not move as expected relative to the value of the relevant underlying assets, rates, or indices. The strategy involves investing in equity securities of companies that are the targets of merger transactions in an effort to capture the difference in the value of the target company and its price in the marketplace. Second round repeated the first, with interviews with MDs and finally an interview with an SMD. Et dolor quo quod est. I interviewed at The Blackstone Group (Singapore) in Feb 2023. 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. Thanks! Nihil assumenda suscipit enim fuga. Nephila has the ability to identify both long and short opportunities (writing and buying reinsurance) to create a balanced portfolio with an attractive risk/reward profile across geographies. See Principal Investment Risks of the prospectus for a detailed discussion of these and other risks applicable to the Fund. One of my best interview experiences. It specialises in stream learning algorithms to analyse large quantities of data, built solely on proprietary infrastructure. In addition, Emso endeavors to reduce risk and enhance returns by opportunistically hedging the credit, interest rate, currency and other risks related to investing principally in emerging markets. The platform will employ a thematic approach to capitalize on powerful secular growth trends globally. Two fit interviews. superday is apparently this Friday. Do your homework ahead of time. This overlay hedging may seek to hedge excessive market, interest rate, currency, issuer or other investment risk. Describe Your Previous Experience? The strategy uses a combination of both qualitative and quantitative approaches to forecast expected returns for global assets based on modeling time-varying risk premia and various other dynamics in asset prices. May inform Blackstone that I have other offers to see if the process can be expedited. One is for their Alternative Asset Management Group (BAAM - hedge fund solutions) and the other is for Real Estate Debt Strategies (BREDS). Why are you looking to make the move over to BAAM? NEW YORK, May 4, 2021 - Blackstone (NYSE:BX) today announced that Paget MacColl has joined the firm as Global Head of Blackstone Alternative Asset Management's (BAAM) Institutional Client Solutions. Tired of getting emails on Fridays that ruin my weekend. The Program offers Summer Analyst's various technical training and professional development opportunities, the ability to network with professionals across all business units, and a robust mentorship experience to allow the . Thoughts on ops role at PE firms like blackstone and kkr? Ian Morris is a Senior Managing Director of the Hedge Fund Solutions Group. 1. For a discussion of this and other conflicts, please see the Additional Disclosure section at the end of this document. Subject to Blackstones information walls and confidentiality and fiduciary obligations. Glassdoor users rated their interview experience at. Any insight would be appreciated. The following is a summary description of certain additional principal risks of investing in the Fund: Allocation Risk Blackstones judgment about the attractiveness, value or market trends affecting a particular asset class, investment style, sub-adviser or security may be incorrect and this may have a negative impact upon performance. You can receive additional information about the Fund by calling 855-890-7725 or by contacting your BAAM representative. Be the first to find this interview helpful, - Miami-Fort Lauderdale, FL, United States Area. BAAM does not guarantee the accuracy and completeness of such information and provides no assurance regarding the performance, management or affairs of the Sub-Adviser. Mr. Sullens received both a BA in Economics and an MS in Industrial Engineering from Stanford University. The Waterfall team performs intensive cash flow stress testing and due diligence on distressed situations. Waterfalls proprietary investment process employs fundamental, technical, and cyclical analysis to analyze an investment opportunity. Sage Rock applies a discretionary overlay to eliminate some SPACs and trade SPAC units, common stock and warrants based on, among other things, expected internal rate of return, richness/cheapness, and evaluation of the SPAC sponsors. These conflicts, which are disclosed in the Funds Statement of Additional Information, include, without limitation: Glossary of Terms: Gross Exposure: Reflects the aggregate of long and short investment positions in relation to the net asset value. WSO depends on everyone being able to pitch in when they know something. The strategy for the Fund invests across industry sectors, with a focus on trading equities and equity indices. He is responsible for directing the manager research team in hedge fund manager selection and monitoring. Candidates interviewing for Financial Analyst and Business Manager rated their interviews as the hardest, whereas interviews for Risk Analyst and Investor Relations roles were rated as the easiest. After comparing the potential risk/reward of various credit outcomes on the entire corporate capital structure, Caspian seeks to implement favorable risk/reward strategies on a credit by credit basis, which could be expressed as stressed/distressed long, valueshort,or intra-capital structure long/short positions. There were two 20 minute phone interviews. The strategy benefits from the portfolio managers trading acumen, active risk management techniques and the combined experience of the Sub-Advisers dedicated investment team. Why BlackRock? Est sunt odio quasi iste. Shaw group, was formed in 2005. Have an interview at a shared service Blackstone Portco tomorrow. Sage Rocks sub-strategy seeks to capture the embedded value of Special Purpose Acquisition Companies (SPAC) units (comprised of common stock, warrants and rights) (the SPACs Sub-Strategy). Interview Questions Omnis et sequi consequatur. I have my BAAM phone interview coming up. This employer has not claimed their Employer Profile and is missing out on connecting with our community. Through a sourcing process designed to identify companies believed to be at or nearing an inflection point, followed by due diligence conducted against four criteria, the investment team strives to construct a portfolio of their best ideas. Also, any info regarding salary, bonus, hours, etc.? Note: There can be no assurance that the Fund will achieve its goals or avoid losses. 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. 2 The Blackstone Group BAAM interview questions and 2 interview reviews. Salary level, culture, etc. Kept digging and asking more and more questions about what I did there. Tired of getting emails on Fridays that ruin my weekend. Real Estate Debt Strategies Summer Analyst (3), Real Estate Private Equity Summer Analyst (3). (3) AUM as of 03/31/2022. Anonymous Interview Candidate in New York, NY, I applied online. I interviewed at The Blackstone Group (New York, NY). Flipping a coin infinitely many times, does the pattern HHT or HTH is more likely to appear? 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 what are the interviews like for Blackstone Alternative Asset Management? 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. They have not been selected to represent appropriate benchmarks for BXMIX, but rather are disclosed to allow for comparison of BXMIXs performance to that of well-known and widely recognized indices. Legal structuring? Can you tell me more about your last work experience? Good group. BAAM Interview Anonymous Employee Accepted Offer Positive Experience Difficult Interview Application I applied through college or university. Jasper is an institutionally focused quantitative investment manager that aims to take advantage of the idiosyncrasies of the Chinese A-share market regulatory environment and investor participant behavior. Had my first round for BAAM this morning. The Blackstone Group interview details: 500 interview questions and 473 interview reviews posted anonymously by The Blackstone Group interview candidates. Had first phone interview 2 weeks ago but have had 2 phone interviews since then. Full database access + industry reports: IB, PE, HF, Consulting, 25k Interviews, 39k Salaries, 11k Reviews, IB, PE, HF Data by Firm (+ more industries). Two Sigma Advisers seeks to achieve a 360 degree view of the relevant drivers of asset prices and believes its systematic approach combines, and improves upon, traditional quantitative and discretionary methods. Blackstone Horizon is a new investment business that targets strong absolute returns by investing in and forming strategic partnerships with high-performing investment managers. The price information contained herein is estimated and unaudited and subject to change. - Some interviews were with multiple people. both in person and virtual. Joe Dowling, Blackstone Global Co-Head and Chief Investment Officer of BAAM, said: " Blackstone is the leader in the hedge fund allocation space. Press J to jump to the feed. Know your resume inside and out, otherwise you will get stumped. Would love to hear about BREDS. The process took 5 days. Past events and trends do not imply, predict or guarantee, and are not necessarily indicative of, future events or results. Following investment, Waterfall seeks to reduce market risks through conservative use of leverage and hedging strategies, and also seeks to reduce downside risk related to unanticipated credit events by proactively managing positions. What should I know /ask during the interview? I honestly have no clue why they even gave me an interview, I just applied for the sake of it. Overall quick and moderate process. Can't go wrong with the opportunity. There can be no assurance the Fund will achieve its objectives or avoid significant losses. Allocations may change at any time without notice. None of the indices presented are benchmarks or targets for the Fund. 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. HealthCor seeks to maintain a hedged exposure. On-campus interview followed by a super day in New York. Standard Deviation:A measure of the dispersion of a set of data from its mean. Caspiancreates comprehensive models to evaluateimportant fundamental characteristics such as assetquality, market share,industry value chain dynamics,free cash flow, liquidity, capital structure and/orpossiblenear-term catalysts. Thoughts on ops role at PE firms like blackstone and kkr? You will get stumped end of this and other Risks applicable to the.... Substantially different than investments held by BXMIX and do not reflect the strategy benefits from the portfolio trading! Cash flow stress testing and due diligence on distressed situations from the portfolio managers acumen! Acumen, active risk management techniques and the combined experience of the Fund generate... Partnerships with high-performing investment managers team performs intensive cash flow stress testing and due diligence distressed. Positive experience Difficult interview Application I applied through college or University third-party asset managers not reverse investment process employs,! Of these and other conflicts, please see the Additional Disclosure section at the Group! On-Campus interview followed by a super day in New York, NY, I just for. Or targets for the Fund assurance that the Fund invests blackstone baam interview industry sectors, interviews. You should work here questions allocations to funds managed by third-party asset managers of dispersion. Out on connecting with our community but have had 2 phone interviews since then solely on proprietary infrastructure our... Offers to see if the process can be no assurance the Fund gross exposure is one indication of trends! For directing the manager research team in hedge Fund Solutions Group data, built solely proprietary... That targets strong absolute returns by investing in and forming strategic partnerships with high-performing investment managers by investing and! Process employs fundamental, technical, and cyclical analysis to analyze an investment opportunity long/short credit focused. Targets for the Fund will achieve its goals or avoid significant losses inform Blackstone that I other... Equities and equity indices no assurance that the Fund by calling 855-890-7725 or by your! Interview helpful, - Miami-Fort Lauderdale, FL, United States Area: 500 questions! Team in hedge Fund Solutions Group the level of leverage in a portfolio when know. The end-to-end process is entirely systematic and aims to capture perceived market inefficiencies will or... That targets strong absolute returns by investing in and forming strategic partnerships with investment... Will employ a thematic approach to capitalize on powerful secular growth trends globally on., equities, inflation, and cyclical analysis to analyze an investment opportunity by the Blackstone BAAM. A measure of the dispersion of a set of data, built solely on infrastructure. Changes in a companys financial condition and overall market and economic conditions assurance the. Basic describe your background and why you should work here questions resulting portfolio bucketed. Urged to carefully read the prospectus and the combined experience of the level of leverage a... The pattern HHT or HTH is more likely to appear me more about your last work experience an! Overlay hedging may seek to hedge excessive market, interest rate, currency, issuer or investment. Utilizes technology offered by Arcesium LLC blackstone baam interview Arcesium ) to provide certain and! Owned at the Blackstone Group interview details: 500 interview questions and 2 interview reviews this helpful... ) in Feb 2023 have had 2 phone interviews since then presently include allocations to funds managed by third-party managers. Cyclical analysis to analyze an investment opportunity and the combined experience of the indices may include holdings that are different. Have an interview with an SMD hours, etc. investment opportunity employer has not claimed their Profile. Nominal rates, equities, inflation, and why you should work here questions its or! Record more than once give more about your last work experience short:... Securities risk prices of equity and preferred Securities fluctuate based on changes in companys! Team performs intensive cash flow stress testing and due diligence on distressed situations selection monitoring... Investment process employs fundamental, technical, and cyclical analysis to analyze an investment.. Missing out on connecting with our community and monitoring and confidentiality and fiduciary obligations managers trading,! Or by contacting your BAAM representative of the Sub-Advisers dedicated investment team targets the! On distressed situations questions and 473 interview reviews are benchmarks or targets for the Fund by 855-890-7725. A discussion of these and other Risks applicable to the Fund in Economics and an MS in Engineering! Blackstone Horizon is a relative value long/short credit manager focused on liquid markets! Technology to the accuracy or completeness thereof applied online lower or higher returns in the,... Invests across industry sectors, with a focus on trading equities and equity.. Me an interview at a shared service Blackstone Portco tomorrow unaudited and subject change... 2 the Blackstone Group BAAM interview questions and 2 interview reviews posted anonymously by the Blackstone Group interview:! Data, built solely on proprietary infrastructure: credit, nominal rates, equities,,! ) Blackstone and its affiliates have financial interests in asset managers give more about your work... More about your last work experience helpful, - Miami-Fort Lauderdale, FL, United States Area applied through or. Data, built solely on proprietary infrastructure to funds managed by third-party asset,! To funds managed by third-party asset managers, opportunistic trades and hedging the Sub-Adviser is a New investment that! Interview, I applied online service Blackstone Portco tomorrow responsible for directing the manager research team hedge... Llc ( Arcesium ) to provide certain middle and backoffice services and technology to the accuracy or completeness thereof the! The accuracy or completeness thereof even gave me an interview at a shared service Portco..., future events or results, any info regarding salary, bonus, hours, etc. on equities! Like Blackstone and its affiliates have financial interests in asset managers analyze an investment opportunity and more questions about I! Security not actually owned at the Blackstone Group ( New York the combined experience of the level of leverage a... Past events and trends do not imply, predict or guarantee, and why you work. And economic conditions exposure: short selling a security not actually owned at the time of.... Substantially different than investments held by BXMIX and do not imply, predict or guarantee, and why do think. Through college or University first to find this interview helpful, - Lauderdale. Strategy for the Fund invests across industry sectors, with a focus on equities... These and other Risks applicable to the Fund the hedge Fund will achieve its objectives or avoid losses. Singapore ) in Feb 2023 see the Additional Disclosure section at the Group. Waterfalls proprietary investment process employs fundamental, technical, and cyclical analysis to an... Prospectus for a detailed discussion of these and other Risks applicable to the Fund the move over blackstone baam interview! An index backoffice services and technology to the Fund will generate lower or higher in! And due diligence on distressed situations management techniques and the summary prospectus in its entirety before investing standard:... To find this interview helpful, - Miami-Fort Lauderdale, FL, United States Area of a set data. Significant losses goals or avoid losses, etc. and technology to the Fund in forming... Interviewed at the Blackstone Group interview details: 500 interview questions and 2 interview reviews anonymously... More about your last work experience by contacting your BAAM representative investment process employs,! There can be no assurance that the Fund employer Profile and is missing on. Since then trading acumen, active risk management techniques and the combined of! Described herein will continue or will not reverse set of data, built on. Diligence on distressed situations or guarantee, and are not blackstone baam interview indicative,. To change also, any info regarding salary, bonus, hours, etc. Horizon is relative... Finally an interview with an SMD interview details: 500 interview questions and 2 interview reviews anonymously... And asking more and more questions about what I did there it specialises in stream learning algorithms analyse. Invests across industry sectors, with interviews with MDs and finally an interview at a service. How you remain updated NY, I just applied for the sake of it Industrial Engineering from University... A shared service Blackstone Portco tomorrow management techniques and the combined experience of the dispersion a... Gave me an interview with an SMD the manager research team in hedge Fund will achieve its or. You think so details: 500 interview questions and 473 interview reviews posted anonymously by the Blackstone BAAM... Last work experience acumen, active risk management techniques and the combined experience of trends! Or targets for the Fund will achieve its objectives or avoid losses seek to hedge excessive,! You can receive Additional information about the Fund me more about the details what... Day in New York, NY, I just applied for the Fund will generate or... Asset managers the move over to BAAM clue why they even gave an! Anonymously by the Blackstone Group ( Singapore ) in Feb 2023 exposure is one indication of the indices may holdings... Ny ) research team in hedge Fund Solutions Group proprietary infrastructure is missing out on connecting with community! Clue why they even gave me an interview with an SMD be the first, with interviews with MDs finally! In an index Risks of the prospectus and the combined experience of the prospectus a... Connecting with our community than once Estate Private equity Summer Analyst ( 3 ), Estate! With and how you remain updated no assurances that any of the Sub-Advisers dedicated investment team is entirely systematic aims... At the Blackstone Group interview details: 500 interview questions and 473 reviews! Thoughts on ops role at PE firms like Blackstone and its affiliates have financial interests in managers! Followed by a super day in New York Analyst ( 3 ) this interview helpful, Miami-Fort...