Exclusive Insight From 11+ Interviewers. Press J to jump to the feed. 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. All investors should consider the investment objectives, risks, charges and expenses of the Fund carefully before investing. 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. BXMIX provides a diversified blendof alternative strategies and hedge fund managersin a single daily liquid mutual fund.1. 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. BX LCS, a wholly-owned subsidiary of The Blackstone Group Inc. and an affiliate of BAIA, is an investment adviser within Blackstones global credit investment platform, Blackstone Credit (BXC). Has anyone interviewed with either of these groups before and can shed some light? Mr. Abrahams has a B.A. 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. (1) While the Firms management business started in 2000, its current management company, Emso Asset Management Limited, was formed in 2003. Diversification does not ensure a profit or guarantee against loss. BAIA manages a portion of the Funds assets directly. Had basic phone screening call with a BS recruiter with standard questions about resume and gave additional information about the position. Thanks! from Harvard College and an MBA from Harvard Business School. His degree dissertation is titled Hedge Funds: Evolution and Investment Strategies. He has earned the right to use the Chartered Financial Analyst designation. (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. Jobs; . Market Risk and Selection Risk One or more markets may go down in value, possibly sharply and unpredictably, affecting the values of individual securities held by the Fund. Please contact your BAAM representative for further information. 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. 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. Seiga identifies investment opportunities using specific stock picking criteria with a thematic overlay. Otherwise, we will assume you're OK to continue. Derivatives can be subject to counterparty credit risk and may entail investment exposure greater than their notional amount. has a good work life balance? The indices may include holdings that are substantially different than investments held by BXMIX and do not reflect the strategy of the Fund. All investors are urged to carefully read the prospectus and the summary prospectus, in its entirety before investing. The indices do not reflect the deduction of fees or expenses. The strategy relies solely on quantitative analysis to build signals that aretranslated to financial instrument orders. Anonymous Interview Candidate in New York, NY, I applied online. 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. Mr. Jaffe received a BS in Finance from the University of Montana. Have obviously prepped and done my research but any further input would be much appreciated. There can be no assurance the Fund will achieve its objectives or avoid significant losses. Max Jaffe is a Principal of the Hedge Fund Solutions Group (BAAM) where he serves as a portfolio manager for BAAMs registered funds platform. 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. Assumenda quisquam voluptas neque expedita. 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. 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. I went to a semi-target and didn't see anything ever posted. (1) Inception date for the D. E. Shaw group. Two fit interviews. I interviewed at The Blackstone Group. Just curious. Then, I had another 20 minute phone interview with another analyst. What should I know /ask during the interview? 1. 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. Blackstone Horizon is a new investment business that targets strong absolute returns by investing in and forming strategic partnerships with high-performing investment managers. What should I know /ask during the interview? Will follow up after to share my experience. What should I know /ask during the interview? There can be no assurances that the objectives of any Blackstone initiative will be met. Any advice in terms of preparation or types of questions to expect? What position? I'm interested in learning about this as well. Cum est at doloremque ea praesentium est quaerat. These funds allocate capital (at least 30% combined) to a mix of alternative strategies that aim to minimize exposure to traditional market risks. Blackstone BAAM Investment Final Round (Originally Posted: 01/31/2015). This site and the materials herein are directed only to certain types of investors and to persons in jurisdictions where the fund is authorized for distribution. Endeavour primarily invests in securities within the banking, insurance, mortgage, specialty finance, and brokerage/asset management sectors. Before joining Blackstone in 2010, Mr. Morris was Chief US Economist at HSBC in . Clear Skys strategy for the Fund is focused exclusively on generating absolute returns through investments in California Carbon Allowances (CCAs) and/or CCA futures. Mr. Morris holds a Bachelors degree in Applied Economics from Deakin University in Melbourne, Australia and an MSc in Financial Economics from the University of London. 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. The Fund will not participate in any of the economic arrangements between the BSCA Funds and any Strategic Capital Manager with which the Fund invests. Prior to joining Blackstone in 2022, Mr. Abrahams served as Chief Strategist and Head of Quantitative Investing at Maverick Capital, a global long/short equity fund. (1) Blackstone and its affiliates have financial interests in asset managers. Do you think hedge fund will generate lower or higher returns in the future, and why do you think so? 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. 5 The Blackstone Group BAAM Analyst interview questions and 5 interview reviews. 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. You can receive additional information about the Fund by calling 855-890-7725 or by contacting your BAAM representative. Blackstone is the world's largest alternative asset manager. Intelligent computational systems translate vast amounts of information into a diversified set of investment strategies and integrate real-time risk management into the portfolio construction process. Opinions expressed reflect the current opinions of Blackstone as of the date appearing in the Materials only and are based on Blackstones opinions of the current market environment, which are subject to change. Create an account to follow your favorite communities and start taking part in conversations. Please click here if you would like more information about the cookies used on this website and how to change your cookie settings. The process took 5 days. Additionally, Sage Rock will hold associated SPAC securities post the closing of a SPAC deal. Equity Securities Risk prices of equity and preferred securities fluctuate based on changes in a companys financial condition and overall market and economic conditions. 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. Stephen W. Sullens is a Senior Managing Director of The Blackstone Group and Head of Portfolio Management for the Hedge Fund Solutions Group. This employer has not claimed their Employer Profile and is missing out on connecting with our community. Diversification does not ensure a profit or guarantee against loss. Anonymous Interview Candidate in New York, NY, I applied online. 150+ Past Interview Questions & Model Answers. Initial meeting with the hiring manager, followed by a long interview to meet many members of the team. The process took 4 months. Sign In. No Assurance of Investment Return. 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. What kind of background is needed to work in the BAAM group? Opinions and Trends. Would recommend tossing your hat in for the opportunity. Want Access to these Blackstone Group Interview Insights? 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 You will be given 3 min to think and 1 min to answer for each question. Blackstone and its affiliates have financial interests in asset managers. 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. The research process includes analysis of core value drivers and the source of mispricing. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 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