Current performance may be lower or higher than the performance data quoted. Two fit interviews. Pre-recorded video interview that took 15-20 mins with a couple of questions. 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. HealthCors investment objective is to achieve superior risk-adjusted growth primarily through investments in equity and equity-related instruments. - Miami-Fort Lauderdale, FL, United States Area. What should I know /ask during the interview? Seiga identifies investment opportunities using specific stock picking criteria with a thematic overlay. On Fishbowl, you can share insights and advice anonymously with The Blackstone Group employees and get real answers from people on the inside. I interned at a BB IBD last summer and this definitely seems interesting to me. I applied online. Had first phone interview 2 weeks ago but have had 2 phone interviews since then. Is this considered PE? The S&P is a float-weighted index, meaning company market capitalizations are adjusted by the number of shares available for public trading. Before joining Blackstone in 2016, Mr. Jaffe was a Senior Analyst at The Solaris Group, where he focused on building custom portfolios for private clients. One stress-test/question based interview. or Want to Sign up with your social account? WSO depends on everyone being able to pitch in when they know something. Questions were a mix of technical and fit. Comparisons to indices have limitations because indices have risk profiles, volatility, asset composition and other material characteristics that may differ from BXMIX. Does Blackstone provide WLB for working mom? Blackstone Strategic Capital Advisors L.L.C. Vitae ipsum dignissimos totam atque sit hic officiis. (1) AUM as of 03/31/2022. John P. McCormick will succeed J. Tomilson Hill as president and chief executive of Blackstone Alternative Asset Management (BAAM.) 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. There can be no assurance that the Fund will achieve its goals or avoid losses. Blackstone's Summer Analyst Program is 10-weeks in length and will provide participants broad exposure to the Firm. AUM as of December 31, 2022. Morris is involved in top-down investment strategy, asset allocation and macroeconomic analysis for BAAM. Mr. Santulin received a BA with a major in Finance from Bocconi University in Milan, Italy. Ian Morris is a Senior Managing Director of the Hedge Fund Solutions Group. Land More Interviews | Detailed Bullet Edits | Proven Process, Land More Offers | 1,000+ Mentors | Global Team, Map Your Path | 1,000+ Mentors | Global Team, For Employers | Flat Fee or Commission Available, Build Your CV | Earn Free Courses | Join the WSO Team | Remote/Flex, College / University / On Campus Recruiting. 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. (2) Across all new investments where Blackstone has control over energy use. Good group. What should I know /ask during the interview? H/W/S? 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. I had a phone interview first that took 30 minutes and was mostly fit. Caspian is a credit manager that focuses on capital structure arbitrage strategies and stressed/distressed investing. Blackstone and its affiliates have financial interests in asset managers. Blackstone BXMIX is a core alternative solution providing a diversified blend of alternative strategies and managers in a single daily liquid mutual fund. I'm kind of stressing a bit just due to time constraints. Can you tell me more about your last work experience? These funds allocate capital (at least 30% combined) to a mix of alternative strategies that aim to minimize exposure to traditional market risks. 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. Note: Past performance may not be a reliable guide to future performance. Supposed to receive the written offer tomorrow or Friday. The strategy for the Fund invests across industry sectors, with a focus on trading equities and equity indices. - Lots of interview rounds. The indices may include holdings that are substantially different than investments held by BXMIX and do not reflect the strategy of the Fund. Mr. Jaffe received a BS in Finance from the University of Montana. All investors are urged to carefully read the prospectus and the summary prospectus in its entirety before investing. Be the first to find this interview helpful, - Miami-Fort Lauderdale, FL, United States Area, Tell me about yourself Tell me about a recent investment Blackstone did Tell me about time you used various prespectives to solve a problem, Opens the Fishbowl by Glassdoor site in a new window, What is a Blackstone initiative that interests you. Know your resume inside and out, otherwise you will get stumped. 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. Strategies are asset weighted based on the distribution of assets in the hedge fund industry. Commodi voluptate perspiciatis omnis eligendi sit. Riad Abrahams is a Senior Managing Director in BAAM, where he serves as Head of Strategy. The data presented above is based on information obtained or derived from the Sub-Adviser. Interview is a hassle, re explaining yourself several times. What position? I interviewed at The Blackstone Group (New York, NY) in Jun 2014. Can you tell me more about your last work experience? The prospectus and the summary prospectus contain this and other information about BXMIX and are available on BXMIXs website at www.bxmix.com. 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. If BAIA identifies that the risks and/or concentrations, when aggregated at the Fund level, are undesirable, BAIA may enter into portfolio overlay hedging that seeks to mitigate those risks or concentrations. Had basic phone screening call with a BS recruiter with standard questions about resume and gave additional information about the position. Real Estate Debt Strategies Summer Analyst (3), Real Estate Private Equity Summer Analyst (3), interview process at The Blackstone Group. 2005-2023 Wall Street Oasis. 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. There can be no assurance that the Fund will achieve its goals or avoid losses. (You will have to repeat this to 5 people, which is overwhelming and ridiculous at any place to interview), Opens the Fishbowl by Glassdoor site in a new window. In this role, Mr. Jaffe is actively involved in asset allocation, portfolio construction, and risk management. Prior to joining CAM Capital, Mr. Ben-Ur was a Partner and Co-Chief Investment Officer at Corbin Capital Partners, an independent alternative asset management firm thats specializes multi-strategy hedge fund and BAIAs fees on directly managed assets are not reduced by a payment to a sub-advisor. Omnis et sequi consequatur. 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. Overall quick and moderate process. Diversification does not ensure a profit or guarantee against loss. I applied online. Kept digging and asking more and more questions about what I did there. Please note that additional details concerning the Funds performance, liquidity and asset class exposures are available upon request. - People were nice and welcoming - Very technical towards end of process. 101 Investment Banking Interview Questions, https://www.wallstreetoasis.com/resources/skills/trading-investing/proprietary-trading, https://www.wallstreetoasis.com/resources/skills/economics/consumer-products, https://www.wallstreetoasis.com/resources/skills/finance/dupont-analysis, Certified Hedge Fund Professional - Trader, Certified Hedge Fund Professional - 3rd+ Year Analyst, 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. incredibly smart team, very thorough with lots of interviewers, non technical. While the team has the ability to evaluate investments from a scientific perspective, the strategy is grounded in translating how industry trends and competitive dynamics may impact company fundamentals, with an emphasis on financial metrics. I applied through college or university. Management is very friendly. BAMSF Information Statement DEF 14C (01.13.2023), BAMSF Information Statement DEF 14C (5.23.2022), BAMSF Information Statement DEF 14C (2.25.2022), Blackstone Securities Partners L.P., Dealer Manager / Member, I AM NOT A US PERSON, TAKE ME TO BLACKSTONE.COM, North America, Western Europe, and Australia. The indices do not reflect the deduction of fees or expenses. What is the probability that one appears before the other? Does anyone know if compliance at Blackstone etc. Asset Management, Hedge Funds, Investment Banking, Private Equity. 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 Source: InvestHedge Billion Dollar Club (as of December 31, 2021) based on AUM.2. There were two 20 minute phone interviews. Caspian seeks attractive, long-term, risk-adjusted returns by applying a flexible and opportunistic approach to investing which involves evaluating the current attractiveness of various asset classes. Prior to joining HSBC, Mr. Morris worked for PaineWebber in London. 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. The entire process took about max 15 minutes. Winfield Sickles is a Managing Director in BAAM, where he focuses on portfolio management for customized and commingled hedge fund portfolios. I interviewed at The Blackstone Group. This multi-currency benchmark includes treasury, government-related, corporate and securitized fixed-rate bonds from both developed and emerging markets issuers. 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. I dont have any real finance experience and cant talk the talk. Anyone had this interview who could give me some advice? Other risks include, but are not limited to: allocation risk, conflicts of interest risk, market risk and selection risk, derivatives risk, debt securities risk, equity securities risk, mortgage and asset-backed securities risk, multi-manager risk large purchase or redemption risk. For a discussion of this and other conflicts, please see the Additional Disclosure section at the end of this document. 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. Blackstone Liquid Credit Strategies LLC (BX LCS), an affiliate of BAIA and an indirect whollyowned subsidiary of Blackstone Inc., serves as a SubAdviser. The gross exposure is one indication of the level of leverage in a portfolio. (1) Blackstone and its affiliates have financial interests in asset managers. (1) Blackstone and its affiliates have financial interests in asset managers. Current performance may be lower or higher than the performance data quoted. 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. Glassdoor users rated their interview experience at. This employer has not claimed their Employer Profile and is missing out on connecting with our community. Joe Dowling, Blackstone Global Co-Head and Chief Investment Officer of BAAM, said: " Blackstone is the leader in the hedge fund allocation space. Some of the technicals were difficult, but the interviewers were very patient and mostly looked at your approach to the problem. I applied through college or university. Asked in depth questions on the resume. The hiring process at The Blackstone Group takes an average of 35.06 days when considering 34 user submitted interviews across all job titles. I had a phone interview first that took 30 minutes and was mostly fit. Enim sed eius aut eveniet aut dolorum. BAIA, the Funds Investment Manager, allocates its assets among a variety of discretionary investment advisers (Sub-Advisers) with experience managing non-traditional or alternative investment strategies. This employer has not claimed their Employer Profile and is missing out on connecting with our community. Most strategies arebased on fundamental analysiswith valuation work focusing ongoing concern and asset liquidation scenarios. Would recommend tossing your hat in for the opportunity. Allocations may change at any time without notice. Seeks to mitigate volatility through exposure to diversifying assets. Brought to you by the worlds largest discretionary allocator to hedge funds, Deep team with investment research and risk management expertise, Dedicated access to strategies with scarce capacity, Tailored mandates democratize access to specific skills and exposures, Innovative open-architecture framework accommodates a wide array of strategies, Separate accounts increase portfolio efficiency and transparency, Allocations informed by proprietary insights from the Blackstone ecosystem, Multi-strategy, multi-manager construct allows dynamic shifts in positioning. Laboriosam corrupti consequatur molestiae occaecati officia accusantium. Barclays US Aggregate Bond Index: A broad base, market capitalization-weighted bond market index representing intermediate term investment grade bonds traded in the United States. For a discussion of this and other conflicts, please see the Additional Disclosure section at the end of this document. 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. Interview Questions Tired of getting emails on Fridays that ruin my weekend. 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. Before joining Blackstone in 2010, Mr. Morris was Chief US Economist at HSBC in . Just curious. A huge focus on FX hedging and managing the portfolio of short term investments. 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. Everything on there should have a story behind it. 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? The strategy relies solely on quantitative analysis to build signals that aretranslated to financial instrument orders. Quidem sint vitae asperiores error ut exercitationem. Interview is a hassle, re explaining yourself several times. Then, I had another 20 minute phone interview with another analyst. 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. Voluptatem voluptatem eos et quaerat deserunt. The firm has a reputation for being innovative . I might be able to shed some color for REDS, NYC office. 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