This company is a scam. There is only one person running the office. He hires interns to do all his grunt work and does not pay them.

You will not learn anything from this internship and all you do everyday is use your laptop to source for information on the internet.

And you have to clean the office everyday, buy food or coffee for the so called 'managing partner'.

Interns are denied lunch breaks and have to endure hours of lectures about 'integrity' and being on time.

Please DO NOT COME TO THIS COMPANY.

 
Controversial

mmm, I think it is not so bad.

Before I couldn't find a job by sending many resumes to get full-time jobs, and I got offer from Blackmore Partners. They told me clearly it is a unpaid internship and I thought: ok, I can still look for full-time job and accumulate my working experience with private equity/investment banking industry.

I got networking with many people in TMA event, the managing director paid the breakfast for us to networking with people and he trained us how to social with those people mainly doing turnaround business. Then I set up many interviews by knowing them.

The managing director has other partners in Canada, Baltimore, and other deal partners. They came to the office meeting once a month.

For me, I let my feet wet and really got to know many people in the industry, also the managing director really support us interns to find great jobs after this internship. I have seen many people left the company with great offers, which we couldn't get it before we step in Blackmore Partners.

If you are thinking to get a job in Blackmore? Maybe it is not the right place, if you want to go analyses, it depends on our backgrounds, our time, and if they have projects within our 3-month internship. They have partners can do those. But if you think you want to come to learn business skills, credibility for getting a higher paid job than before you can get, I think you should apply for it. Networking, Brand name(become more well-known in Chicago), great working attitude and fun working environment(I worked with people from Portland, Italy, France, Spain...of course Americans...haha). I think their interviewee will be honest with you what you can get and expect.

 

As the current Intern Supervisor, I suggest that anyone interested give Blackmore Partners a chance. This is an opportunity to learn more about the private equity industry. Each intern who applies to Blackmore is given an Internship Guidelines packet which outline the tasks that they are to complete. Furthermore, the environment is open and flexible at Blackmore, necessary factors for future growth and development. The staff provides SUPPORT to the Managing Director and his partners. To truly benefit from the experience takes initiative and effort on your part. Don't be a wallflower. If you visit the website, www.blackmorepartners.com, you'll find that Blackmore Partners is a unique private equity firm worth pursuing an internship.

 
Best Response

This is a real testimony from someone who was at Blackmore Partners until recently. You see good stuff about the internship, and you will see bad stuff. The "MD" made past interns write the good stuff to counter the bad stuff, so disregard those comments completely. The bad stuff is slightly exaggerated-but not by much. Is it one MD with a bunch of unpaid interns sourcing information off their own laptops? Yes. He only pays one person, besides himself and his wife (we'll get to that later). However, he pays that person under minimum wage and promises him big equity in the deals. The problem is that he almost never closes deals, if he does it is out of luck, and it hasn't happened in about two years. So, if you are paid there, you are expected to work 100 hours a week for less than minimum wage.

Do you have to clean the office? Yes, sometimes, including scrubbing tables, tightening chair screws, throwing his documents away, and carrying equipment to and from the office. You generally do not have to fetch food or coffee for him, but beware of bringing food or cigarettes in the "office" because he will immediately help himself to these things, even if he is not offered.

Now, to the organizational structure of the firm: There is the founder, who calls himself an MD, and who has fudged is background to seem legit to executive clients (he has only attended one semester of college, so he does not have the BS or MBA that he claims to have, and no matter what he says, he was never an adjunct professor at the University of Chicago). He has a couple of "deal partners", but those are just names of people he knows in attempt to cover up that it is just his wife and unpaid 20 year-olds running his business. Then there is his wife, whose title changes like the weather in Chicago, but is always a "Director" of some sorts. Her last name is not listed as the same as his in order to, again, seem more legitimate. However, the story behind her is that she is almost half his age, and started out as his intern a few years ago when she came to the States. She was able to, um, work her way up to the Director level. She also runs an energy efficiency scam out of the Blackmore "office" with the same business model: pocket the retainer fees, hire a bunch of undergrads (engineering students for this scam) to do internet prospecting for free, and pocket any deal closing fees. You don't really see her around very much, like her husband, because she is always taking care of their newborn. However, to save money on childcare costs, they often bring their screaming baby into the office, and don't even bother to change him in the filthy, stinking shared restroom of their Uptown office building.

The rest (95%) of the organizational structure is an underpaid supervisor, and completely unpaid interns. So what is in it for the unpaid interns? Until somewhat recently, they used to get ample deal exposure and the chance to talk to PE guys every day. However, this only valuable aspect of the internship has recently been outsourced, so it is now completely a telemarketing (not to PE, to so-called "executives" who do NOT want your call) and database entry internship. The "MD" feels he should not have to pay people for this unskilled, grunt work, and instructs his current (unpaid) workforce to sell the internship by saying that they will get tons of PE exposure, and let them adjust to it being all database work. You see, he cannot pay people $10-12 an hour for this because it will cut out of his 95% equity, and he will not get to keep the whole $600k-$3M he makes off of a deal.

One other aspect of the internship that you will be exposed to is the relentless solicitation by Landmark Education. The reason for this is that you are required to attend their introductory seminar, and they will call you multiple times a week to sign up for their forum, even if you said you had no interest in doing so. The reason you are forced to take the Landmark introduction is because the "MD" and his wife ("the Director") are major followers of this cult (Google it and check it out) and volunteer hours and hours of their time to this organization. I guess they can, since they are often never in the office, but why should they be when they have unpaid interns doing all the work anyhow?

I made this testimony long because there have been several comments on the internet asking for a true testimony of someone who has been there, and who has not been coerced to write a positive comment. To summarize, you should not take this internship because you will be wasting your time, unless you are seeking a data entry or telemarketing internship. You will be exposed to a failing business model, and terrible work ethic and morale. Last year's structure yielded decent experience; however, the most you will take out of it now is a few more connections on Linked In and maybe a couple of friends. You will repeatedly be embarrassed by the "MD"'s interpersonal communication skills, and the way he conducts business in general. You will lose all morale when you come to the realization that the company (and therefore yourself as an individual) adds no value to a deal and just sticks on it like a parasite, hoping that it is quality and that you can generate a fee off of someone else's hard work. You will feel like scum when an executive asks you for advice on PE and you have to fudge the answer, but do not have the heart (or the balls) to tell him that you are 21, just graduated college, and have absolutely no IB or PE experience (though the exec thinks you are 35, have an MBA from Wharton, and are an alum of a BB or Big Three firm). You will grow tired of and become increasingly embarrassed of intern candidates walking to the office and having disgusted looks on their faces, asking you (the interviewer) condescending questions, and turning down your internship offer. All together, you will spend 3+ months wishing you had taken that other offer, or realizing that you should be out networking instead.

 
inquisitor88:
This is a real testimony from someone who was at Blackmore Partners until recently. You see good stuff about the internship, and you will see bad stuff. The "MD" made past interns write the good stuff to counter the bad stuff, so disregard those comments completely. The bad stuff is slightly exaggerated-but not by much. Is it one MD with a bunch of unpaid interns sourcing information off their own laptops? Yes. He only pays one person, besides himself and his wife (we'll get to that later). However, he pays that person under minimum wage and promises him big equity in the deals. The problem is that he almost never closes deals, if he does it is out of luck, and it hasn't happened in about two years. So, if you are paid there, you are expected to work 100 hours a week for less than minimum wage.

Do you have to clean the office? Yes, sometimes, including scrubbing tables, tightening chair screws, throwing his documents away, and carrying equipment to and from the office. You generally do not have to fetch food or coffee for him, but beware of bringing food or cigarettes in the "office" because he will immediately help himself to these things, even if he is not offered.

Now, to the organizational structure of the firm: There is the founder, who calls himself an MD, and who has fudged is background to seem legit to executive clients (he has only attended one semester of college, so he does not have the BS or MBA that he claims to have, and no matter what he says, he was never an adjunct professor at the University of Chicago). He has a couple of "deal partners", but those are just names of people he knows in attempt to cover up that it is just his wife and unpaid 20 year-olds running his business. Then there is his wife, whose title changes like the weather in Chicago, but is always a "Director" of some sorts. Her last name is not listed as the same as his in order to, again, seem more legitimate. However, the story behind her is that she is almost half his age, and started out as his intern a few years ago when she came to the States. She was able to, um, work her way up to the Director level. She also runs an energy efficiency scam out of the Blackmore "office" with the same business model: pocket the retainer fees, hire a bunch of undergrads (engineering students for this scam) to do internet prospecting for free, and pocket any deal closing fees. You don't really see her around very much, like her husband, because she is always taking care of their newborn. However, to save money on childcare costs, they often bring their screaming baby into the office, and don't even bother to change him in the filthy, stinking shared restroom of their Uptown office building.

The rest (95%) of the organizational structure is an underpaid supervisor, and completely unpaid interns. So what is in it for the unpaid interns? Until somewhat recently, they used to get ample deal exposure and the chance to talk to PE guys every day. However, this only valuable aspect of the internship has recently been outsourced, so it is now completely a telemarketing (not to PE, to so-called "executives" who do NOT want your call) and database entry internship. The "MD" feels he should not have to pay people for this unskilled, grunt work, and instructs his current (unpaid) workforce to sell the internship by saying that they will get tons of PE exposure, and let them adjust to it being all database work. You see, he cannot pay people $10-12 an hour for this because it will cut out of his 95% equity, and he will not get to keep the whole $600k-$3M he makes off of a deal.

One other aspect of the internship that you will be exposed to is the relentless solicitation by Landmark Education. The reason for this is that you are required to attend their introductory seminar, and they will call you multiple times a week to sign up for their forum, even if you said you had no interest in doing so. The reason you are forced to take the Landmark introduction is because the "MD" and his wife ("the Director") are major followers of this cult (Google it and check it out) and volunteer hours and hours of their time to this organization. I guess they can, since they are often never in the office, but why should they be when they have unpaid interns doing all the work anyhow?

I made this testimony long because there have been several comments on the internet asking for a true testimony of someone who has been there, and who has not been coerced to write a positive comment. To summarize, you should not take this internship because you will be wasting your time, unless you are seeking a data entry or telemarketing internship. You will be exposed to a failing business model, and terrible work ethic and morale. Last year's structure yielded decent experience; however, the most you will take out of it now is a few more connections on Linked In and maybe a couple of friends. You will repeatedly be embarrassed by the "MD"'s interpersonal communication skills, and the way he conducts business in general. You will lose all morale when you come to the realization that the company (and therefore yourself as an individual) adds no value to a deal and just sticks on it like a parasite, hoping that it is quality and that you can generate a fee off of someone else's hard work. You will feel like scum when an executive asks you for advice on PE and you have to fudge the answer, but do not have the heart (or the balls) to tell him that you are 21, just graduated college, and have absolutely no IB or PE experience (though the exec thinks you are 35, have an MBA from Wharton, and are an alum of a BB or Big Three firm). You will grow tired of and become increasingly embarrassed of intern candidates walking to the office and having disgusted looks on their faces, asking you (the interviewer) condescending questions, and turning down your internship offer. All together, you will spend 3+ months wishing you had taken that other offer, or realizing that you should be out networking instead.

This is legal?

 

Holy shit. What ridiculous firm. No surprise the "business model" is failing, as more and more of the Chicago community hears the truth (actually, they probably learn all they need to at first interaction).

Does Wynnchurch Capital know they're listed as a strategic alliance on Blackmore's website? Don't know the others on that list, but Wynnchurch is a pretty decent MM PE firm.

 

Very interesting comments.

Here is what I know.....

I work for a PE firm that works with Blackmore. They bring us 3-4 deals a month that they source. Our firm has been working with them since 2007. We have done one deal with them and are working on another that is under LOI. And given the size of the last deal, the MD must have made $10M or more. (our firm will make a 4x on that deal at exit, so we are not complaining) I recently met (first time) with the MD, our partners about a deal they wanted to get sponsorship monies. If the MD has "poor communication skills" , it was not evident.

I love the comment about the MD having a wife 1/2 his age...must be doing something right at 60 years old.

Finally, Our VP's consider them tops in the deal flow industry, above board and relentless at finding unique deals for us to fund.

 
DealMaker1:
Very interesting comments.

Here is what I know.....

I work for a PE firm that works with Blackmore. They bring us 3-4 deals a month that they source. Our firm has been working with them since 2007. We have done one deal with them and are working on another that is under LOI. And given the size of the last deal, the MD must have made $10M or more. (our firm will make a 4x on that deal at exit, so we are not complaining) I recently met (first time) with the MD, our partners about a deal they wanted to get sponsorship monies. If the MD has "poor communication skills" , it was not evident.

I love the comment about the MD having a wife 1/2 his age...must be doing something right at 60 years old.

Finally, Our VP's consider them tops in the deal flow industry, above board and relentless at finding unique deals for us to fund.

Baller trolling my friend.

http://www.blackmorepartnersllc.com/deal.html

Ya that's def "tops in the deal flow industry". Highest EBITDA is 45 mm and that's just one deal. Transaction listing is very sketchy and unclear. Don't mislead the younger students/hopefuls on the board. It's just mean spirited.

P.S. MD did not make 10 mm on any of these deals. That's a monumental crock of shit.

‎"Until and unless you discover that money is the root of all good, you ask for your own destruction. When money ceases to become the means by which men deal with one another, then men become the tools of other men. Blood, whips and guns or dollars."
 

Can we IP ban the Blackmore employees who are writing this stuff and put a disclaimer on their posts? As hilarious as this is (and it's very hilarious) it would suck if a college student saw some of the posts about great experience or exposure and take the internship over something better

 
DealMaker1:
so, you are an intern at Blackmore? Your profile says analyst. Bullshit!

He means you buddy. The jig is up.

‎"Until and unless you discover that money is the root of all good, you ask for your own destruction. When money ceases to become the means by which men deal with one another, then men become the tools of other men. Blood, whips and guns or dollars."
 

Here is what I see:

Why don't you have an interview with them if you are really interested in knowing what they have to offer? The interview is for both the company and the students to check out what the internship is about, then as I know they will have you to have second interview at their office if you pass the first interview, then you will be able to know their interns there as well. I think they tell you everything you can expect and not to expect the interns will do out the internship so that you can decide if you want to take the offer or not if you are offered the position.

Every intern's experience can be different given how much efforts they are putting in, and I have to say no matter what kind of internship or jobs, you have to communicate with your company what you have learned and how much more other things you also want to learn if you can prove you have done your own tasks well.

As I know, they are not only paying one manager but two in the past, and I know many their interns got good job offers from the networking and their own job searches after the internship ( I am not saying it's all because of the internship, but my personal oppinion is that if you cannot get any job or itnernship for a while, it's better you are doing something than keep being out of job). Many companies called the MD for reference and pretty much interns got great credits from the MD if the interns completed the internship with integrity and contribute great stuffs to the team.

I want to be fair to the opportunity the company is offering and if you have any concern or question, either go find out with them directly or don't waste your time applying for it. People here are just giving their oppinions from their personal experience, judgments or even just a suspection without even having done the internship, not the whole truth. You need to decide what is your value about AN internship and what are the criterias for you.

 
oejslge:
I want to be fair to the opportunity the company is offering and if you have any concern or question, either go find out with them directly or don't waste your time applying for it. People here are just giving their oppinions from their personal experience, judgments or even just a suspection without even having done the internship, not the whole truth. You need to decide what is your value about AN internship and what are the criterias for you.

Clearly a Blackmore intern who didn't receive any feedback on spelling or grammar. Also, if you read the longest post on this thread you'll find an insider's perspective of the firm, not speculation.

Stop trying to mislead people, troll.

Vincent Van Gogh - Everyone said to him, "You can't be a great painter, you only have one ear." And you know what he said? "I can't hear you."
 

How do you know it is true or not with your statement '' Clearly a Blackmore intern who didn't receive any feedback on spelling or grammar. '' by only one comment here?? I provided my point of view as a past intern because people want to hear different voices how the internship was for them, and I don't know who is troll here in this matter...I believe people they will have their own judgments after viewing all these discussions.

The other way people can ask about this internship is to get on LinkedIn then you will find Blackmore Partners Interns to ask for their opinions. People without real names or identities here can say anything they want, and not being responsible, including me! Thank you for the comments, I am now checking on my spelling carefully, AND I may still get it wrong...That doesn't bother me though...

 

have been lurking around these forums for a while and its very interesting to see the long list of reviews.

i worked with them quite a while ago, right before the credit-market had its darkest days. since there are enough and more reviews on the negative front, i will just throw my two cents on what i got out of that gig.

build communication skills talking to high level execs learned about the private equity market got to work on valuation modeling since i was fortunate to be around at the time they did a deal

but most of all, the internship did two things for me : I realized that i wanted to make a career in financial services industry and it also opened up a lot of opportunities for me through the networking they provide, as well as other usual job sources. I can honestly attest that the number of interview calls i received increased at least five fold during/after my time there.

much if it also depends on how good you are at leveraging it.i was able to use that as a stepping stone to success. i now have a successful career in investment management and looking back i think the short stint at blackmore was a step in the right direction.

 

In my opinion, how you evaluate this internship is totally depending on how proactive you are. If you just sit there everyday, doing some data entry job. Or you can be more aggressive, telling your supervisor what projects you want to be involved in.

I have to say, people are very nice there. They are willing to teach you and help you. The managing director, Gerald, who is very experienced and very good at presenting. If you like, you might learn some presentation skills from him. His wife, who is also a manager in that company, is conducting some other projects. She knows a lot business knowledge. She is very nice too, and she is very open to share her opinion with you. The manager who is the direct supervisor of all interns, is very knowledgeable and very considerate for all the interns. He can create a happy working environment there.

For myself, I don't have a finance background. When I just got there, a lot of terms are new to me. I definitely learnt a lot from this internship and got more familiar with private equity industry. I'll recommend this internship.

 

Scam companies such as Blackmore tend to be the saving grace for ESL immigrants who may or may not have the requisite competence for a career in high finance, but are definitely held back by their limited English proficiency and thus attend the Chicago area's lesser regarded schools. A Blackmore Partners-esque firm is, to them, the greatest thing since sliced bread.

 

The best thing about that place is where they're located, which according to their site is Uptown (4802 N Broadway). For those that don't know Chicago, uptown is a neighborhood about 5 miles north of the loop (where the financial district/cbot/etc actually are) and overall is a dump. It's not the worst area on the North side, but it's certainly one of the worst. You only live there if you run the local Kwik-Mart or are a patron at one of the larger homeless shelters in the city that the area provides. A 2nd floor apartment, I mean "suite," in Uptown, probably runs him about $900 a month - I'm not kidding.

I was seeing a waitress who lived not far from here (that is the high rolling clientele around those parts... the fact that she had a job meant that she literally was for this area) and the starbucks on the corner there is where I'd pick up coffee in the morning. Having an office here is about as credible as a place in Spanish Harlem in NYC.

It is however right next to the The Green Mill, which if you're in that particular area is worth checking out. It's an old jazz club that is infamous since it's one of Al Capone's old hangouts. However, since this area is such a dump it does not attract tourists at all and even though I hate jazz I always enjoyed myself there.

 

Ok,

I have interned at that place last summer and I will give you honest truth of what I thought of it. I was just checking out the threads of the year, and having a great time over a beer, but at some point someone mentioned Blackmore in a very condescending way and I thought to myself,"wtf, I can't afford to have people see my resume to think this lowly of that experience". I will divulge no identifying information here, but if anyone wants me to corroborate anything just PM me and I will gladly prove that this post is legit. I will also say that by my writing this, they will know it is me (too easy, they know my style too well.. and yes they will check, they are aware of everything written on here).

Honestly, I first found out about WSO when I was originally researching Blackmore. I got put off, but since I remotely knew somebody who was there at the time I invited the guy to that Starbucks on the corner for a coffee during lunch to get some scoop. What he told me made me feel better, and considering I was poorly prepared (and very naive) in undergrad, I was not getting any callbacks from sending my resume so I thought I'd better get some sort of an experience.

Final verdict: MUCH better experience than the place gets credit for and also since most hiring managers/recruiters don't have the time or will to research every piece of your resume, they are quite impressed with the experience there. Allow me to reiterate: this place is NOT for you if you are kicking a$$, have great grades from a top school, and have offers from legit big firms. This is a place for those unfortunate no-name school people who don't have multiple offers, who in fact have no offers. I'll also tell you that during my time there I was extremely impressed with my coworkers. There was some top talent there, kids from top schools who really, really knew their stuff (the place humbled me a bit, I thought I was the only guy who knew everything they taught in undergrad biz skool).

Now, I will tell you with 100% confidence that some of the '1 pointer' reviews are fake e.g. the one mentioning 'their Chicago office', or 'Canadian partners', as no such things exist.

The long winded post is legit, but that person must have had some beef on a personal level and if you'll take my word do not put much weight into what he said.

Firstly, I got a job thanks to this internship. WHOA! Before it, I did not get a single callback for anything. Afterwards I actually got a few phone interviews, the recruiting/staffing firms contacted me by the dozens, and blah blah.

The place does have quite a few negatives. But, are we all here big timers from top programs with several top IB offers, or are we trying to get by? How does it compare to other places? In my life I've held quite a few jobs and I honestly can say each one of them was much less enjoyable and MUCH MUCH less professional than the Blackmore internship.

Allow me to first commend the manager at the place (who replaced the guy with the long winded post). The guy is a highly knowledgeable guy who knows the entire MBA curriculum really well, possesses all the technical skills (MS office, blah, etc), and above all is a very patient manager of resources and the operation. The 'MD' is the owner, and as far as I'm concerned he can call himself Madonna. He's a bit off key at first, but once you get used to him he's actually quite fun. He gets in no way involved in daily operation, the manager handles that, he merely just pops out of his office at random, gives some ridiculous inspirational pep talk about how this supreme deal just came on the radar, runs back to his office and goes back on the phone. Allow me to retort, I think the worlds of the young skilled manager, and he's nearly 100% responsible for the day to day, for splitting up tasks, for evaluating new initiatives, for evaluating your work, and so on.

I want to make two more points before I quote previous poster:

  • You will not pick up any hard skills there. All the skills you pick up will be soft skills, and as much time as you spend on the phone, it actually benefits you.

  • The place is open door and they mean it. It is also a very progressive place. Since they only hire interns, they can't get much real strategy and development going, so they're almost hungry for people who will come in with ideas, suggestions, and skills to implement them. In other words, to you it will be what YOU make out of it. Get some initiative, show some skill, and just plain speak up.. you're working for free no need to be shy! They have databases to fix, deal sourcing techniques to fix, documents to fix, new systems or tools to implement (if you think of it and prove it works).

So, now I'd like to pick out a few quotes and just give my opinion on them as I'm getting tired and don't want to spend two hours writing this.

" The problem is that he almost never closes deals, if he does it is out of luck, and it hasn't happened in about two years."

  • This is not a problem. Are you at all aware of the number of deals closed in the entire USA annually? I believe in 2010 the figure was only about 1500 deals. And this has nothing to do with the operation. There are actual deals and you do actually work on them. However, you do not work for a PE firm, you work for an intermediary, so your work on deals will be a bit different from doing LBO models and passing some top notch formatting to your associate. Your work is more marketing oriented, but everything in PE is oriented that way and if you're trying to break into PE or a related field you should be happy you get to learn how much hard work it goes into selling people something really expensive. Most legit PE firm MD's just sit on their phones and email back and forth all year and never close on anything. The number of deals sourced is what matters! They do get a lot of deals. Most are complete s**t, but there's legit deals. I personally was assigned to a very legit company, but most PE execs I talked to were put off by the cyclicality of the industry but conceded that the company was very underpriced had it been their type of a thing.

"So, if you are paid there, you are expected to work 100 hours a week for less than minimum wage."

  • Lie. The manager left same time as everybody else every single day, just after the 4:50 meeting. He came in earlier than most though as he liked being prepared and diligent.

"Do you have to clean the office? Yes, sometimes, including scrubbing tables, tightening chair screws, throwing his documents away, and carrying equipment to and from the office."

  • Perhaps back then, I wouldn't know. We had office cleaning on Fridays before the meeting. It only included your own stuff, your wrappers, your coffee cups, your own stuff.

"Now, to the organizational structure of the firm..."

  • I am responding to the entire paragraph starting with this line. I just outlined what it was - one young, driven, skilled, highly educated (MBA) manager looking to break into the PE industry paying his dues and kicking mighty ass at it (seriously if anyone in PE out there needs a guy who's quite a savvy veteran, this is the guy). The owner is actually quite a funny guy with a constant jovial mood... but he never gets involved into anything, the manager handles everything. I personally was given projects by the owner, which included a bunch of material to look at and research and a couple of five minute talks per day. The wife did come in on occasion but I never had anything to do with her.

"One other aspect of the internship that you will be exposed to is the relentless solicitation by Landmark Education."

  • Meh. Yes Landmark was brought in and they asked for me and two others to listen to it. I googled Landmark, deemed them a cult, came out and said I had no interest in hearing anything they had to say. I got no looks, no resistance, no pleas, nothing.., I went back into my room listened to music and worked on whatever I was working on. If you're stupid enough to give your contact information to some shady organization.. well sh*t partner!

"To summarize, you should not take this internship because you will be wasting your time, unless you are seeking a data entry or telemarketing internship. "

  • To summarize, currently only 20% of college grads have jobs at graduation. If you have no other options and you believe in your skills, personality, and ability to come up with ways to improve this organization, work on cool projects, spin your experience well on the resume.. you should! Cuz guess what? Without any experience on your resume you don't get so much as a callback. Question is can you get it? I looked a dozens of resumes that came in. It is true, lots of people get put off on various levels of the recruitment process, but ultimately there's some very legit individuals who come in and don't mind paying their dues and having something to talk about in interviews.

"You will feel like scum when an executive asks you for advice on PE and you have to fudge the answer, but do not have the heart (or the balls) to tell him that you are 21, just graduated college, and have absolutely no IB or PE experience"

Allow me to give some negatives now:

  • You will not do any modeling or anything, so if you're looking to get into a financial analyst position or something, don't do this. If you're hoping to parlay this into a PE job, you shouldn't do this (unless you're a real networking ninja, then it couldn't hurt if you don't have more legit offers).

  • Offices are spartan.

  • Early on all you do is databases, phones, etc. (but you get assigned a couple of deals soon).. and you will keep on doing lots of grunt work unless you step your game up and show some skills and initiative.

  • The name is non-existent and possibly dirty (hence I'm doing this post right now as I want to shed some light).

So much from me people, enjoy the night!

 

DealMaker1,

Thanks for giving the other side of the coin. My personal experience when contacting PE was that they're for the most part very happy to be offered new deals. They were always pleasant and courteous and always asked for more or offered their investment criteria.

 

Here is what I know.

Gerald is a jackass. It's getting worse. Dealmaker1 is Gerald for sure. And his background is a joke in the "office". EVERYONE laughs at him behind his back....isn't this sad for any ppl? He thinks he is great which disgusts every time.

He likes braggin about stuff that's remotely related to him. Like Wynchurch/HIG....These big guys are picking his cheek like a kid. He is pushing 70 yrs old and a total loser. I quit last month because i didn't wanna put up with him anymore. The 3 months turnover rate is 95%. AKA, 5% of the ppl will stay longer than 3 mo....

Shihhan is ok. But she is copying Gerald's style which is NOT a good sign.

The interns are pretty impressive. Too many chinese ppl tho.

But if you don't have any offer after grad, try blackmore out. It helps you appreciate any future opportunity.

-L

 
Press0:
So this guy scams chinese ESL kids to work for him for free?

Someone should report him to the authorities. No wonder some of the posts here (2nd post for example) are written in such horrible english.

He takes advantage of everyone. He knows the job market is tough for ESL ppl and he tries to get as MANY of them as possible into the office. These poor kids work their asses off 8-5 everyday without even realizing the bizness is illegal. We have a facebook group(private) and I know some ppl are planning to sue his ass off. I'm telling ya, he is going to prison. It's a sinking ship bro.....

http://www.blackmorepartnersinc.com/webcastPEgame.html This is his "webcast" for execs. You will get a good idea of how bs is his knowledge.

 
whiteless:
Press0:
So this guy scams chinese ESL kids to work for him for free?

Someone should report him to the authorities. No wonder some of the posts here (2nd post for example) are written in such horrible english.

He takes advantage of everyone. He knows the job market is tough for ESL ppl and he tries to get as MANY of them as possible into the office. These poor kids work their asses off 8-5 everyday without even realizing the bizness is illegal. We have a facebook group(private) and I know some ppl are planning to sue his ass off. I'm telling ya, he is going to prison. It's a sinking ship bro.....

http://www.blackmorepartnersinc.com/webcastPEgame.html This is his "webcast" for execs. You will get a good idea of how bs is his knowledge.

lol this is hilarious. his slides are absolute crap.

 
whiteless:
Press0:

So this guy scams chinese ESL kids to work for him for free?

Someone should report him to the authorities. No wonder some of the posts here (2nd post for example) are written in such horrible english.

He takes advantage of everyone. He knows the job market is tough for ESL ppl and he tries to get as MANY of them as possible into the office. These poor kids work their asses off 8-5 everyday without even realizing the bizness is illegal. We have a facebook group(private) and I know some ppl are planning to sue his ass off. I'm telling ya, he is going to prison. It's a sinking ship bro.....

http://www.blackmorepartnersinc.com/webcastPEgame....
This is his "webcast" for execs. You will get a good idea of how bs is his knowledge.

What a shitty fucking presentation. Dogshit.

 
Cruncharoo:

This thread is absolute gold. I can't really figure out what is going on but I know that I like it. Its like your first boner..

Sums up my feelings exactly. I'm dying over here. Classic. Good thing I read this thread....but their website is shit anyway. Useless company.

"When you stop striving for perfection, you might as well be dead."
 
sonibubu:

Can't believe I actually interviewed with this shit firm back in 2010. Oh how my life would've been much worse had I not found something significantly better a couple days later...

How are they still around? How does a firm like WynnChurch actually appear as a "Strategic Partner?"

http://www.blackmorepartnersinc.com/strategicallia...

Blows my mind. I met guys from Saw Mill recently. Decent guys, decent MM fund as well.

 

Blackmore Partners is great place for people to start their business career. For most recent graduates, it is very hard for them to get a job. You can learn the business communication and behavior here, such as how to talk and email people professionally. I have internship in Blackmore Partners for about 4 months. I have been rotate in different teams to learn the basic skills of contacting business people. I would recommend recent graduates or people who want to start their business career to take this internship.

 

Hello,

I currently live in PA, and am having a hard time finding a job with a lib arts degree. I've been contacted by this company, but am pretty skeptical about it, based on what I've read here and elsewhere. That said, I do realize that some benefits might come from this experience, but from those who have gone through this: is it worth relocating across country for an unpaid internship with Blackmore?

 

Hi Melissa, based on my 3 months experience at blackmore, I think it's not worth it unless you have abfukingsolutely nothing to do with your life. All the posts here are legit. Please visit the office before you sign up for anything. PM me if you have more questions.

 

What I most satisfying about your internship is Every few week, the managing director will invite senior – level executives to the office and share their insights and working experience. It’s also an opportunity to improve my communication skills and make me be more detail-oriented. I would recommend our internship to my classmates because you can learn a lot here, especially for young job seekers, it provides you a platform to put what you learnt in school into practice.

 
Orangetree:

What I most satisfying about your internship is Every few week, the managing director will invite senior – level executives to the office and share their insights and working experience. It’s also an opportunity to improve my communication skills and make me be more detail-oriented.
I would recommend our internship to my classmates because you can learn a lot here, especially for young job seekers, it provides you a platform to put what you learnt in school into practice.

This is fucking money right here. Super strong first post.

"For I am a sinner in the hands of an angry God. Bloody Mary full of vodka, blessed are you among cocktails. Pray for me now and at the hour of my death, which I hope is soon. Amen."
 

@Melissa-Kramer , did you even bother to read the prior posts? Hint: Blackmore propagandists read like an advert for a University of Phoenix MBA on the subway.

People demand freedom of speech as a compensation for freedom of thought which they seldom use.
 

There are useful skills that you can learn here at Blackmore if you don't already possess them. This company is a good training ground for interns to sharpen their soft-skills, work in teams and to enhance their PE industry knowledge. This internship is def something you want to put on your resume.

 
intern21:

There are useful skills that you can learn here at Blackmore if you don't already possess them. This company is a good training ground for interns to sharpen their soft-skills, work in teams and to enhance their PE industry knowledge. This internship is def something you want to put on your resume.

LOL. Blackmore is pathetic...forcing interns to try and legitimize the company and its name. If I ever see someone with that name on a resume, I'm going to use it as toilet paper and then send them a picture of it.

 

I applied to the company for an HR internship via a posting on LinkedIn and when I received an e-mail decided to google the company and came across this thread. The funny part after reading all your comments that they actually posted for an HR intern when they are violating US HR laws is comical. For any of you people that used to work there you can actually sue them or file a complaint under FLSA with the Department of Labor - Wage and Hour Division. On the syllabus they sent me for the intern it says they hired 243 interns between August 2012 -2013 which is completely illegal to use unpaid interns instead of having to hire employees.

http://www.dol.gov/whd/regs/compliance/whdfs71.pdf

 
milkman84:
Hilarious -- usually the "posters" like inquistor are from the firms themselves, pumping them up (Ennovance comes to mind).

That said, I have no experience with Blackmore, but a firm that only offers unpaid internships and requires people to OWN THEIR OWN LAPTOPS sets off a few warning bells.

Like I said, I was with the firm but did not cave under the pressure to record positive reviews. I think it is important for people to understand what they will be getting themselves into prior to accepting the internship.

 

Baird is very risk averse - it's unique in that it's building up its research teams, trying to create a business that swings at a smaller magnitude than the overall financial sector. The people I've met from there (I have some old buddies working there now) seem pretty smart - not many from the traditional target schools (mostly Northwestern, UW-Madison), although a lot of the more sr people are U-Chicago MBAs.

Culture-wise, they repeat over and over that they don't take assholes. I'd be interested in seeing how the canonical Type-A ivy league undergrad would do there.

 

I've done some phone/email networking with some ER people in their Milwaukee office. For ER, what yesman says holds - people are mostly from the large, midwestern schools. The guys I talked to (alum from my program) were sharp, happy to help and gave frank advice. They seem proud of their culture, and proud of the fact that they're employee owened and voted one of the top places to work.

 
joemontana:
I've done some phone/email networking with some ER people in their Milwaukee office. For ER, what yesman says holds - people are mostly from the large, midwestern schools. The guys I talked to (alum from my program) were sharp, happy to help and gave frank advice. They seem proud of their culture, and proud of the fact that they're employee owened and voted one of the top places to work.

Do you think that it's a great place to start a ER career? Also is the ER division mainly located in Milwaukee, or split half between Milwaukee and Chicago?

 

Hey I've actually interned with Blackmore Partners in the Chicago branch. It was a really great experience and I learned quite a bit of information. It's definitely something to look into if you are looking to get into the private equity, investment banking, or any type of financial field. Something that's pretty cool is they'll train you to meet and speak directly with C-level executives. They are definitely worth looking into for an internship experience.

 

I interned at Baird in undergrad and still know a few people in their Milwaukee and Chicago offices. They're on Fortune's 100 Best Companies to Work For list every year for a reason, it is a bit more of a collegiate culture than normal and the "no jerks" policy is definitely enforced. Work-wise they're a top MM IB and in Chicago you're going to get mostly Industrials/CPG coverage.

 
Eljay:
I interned at Baird in undergrad and still know a few people in their Milwaukee and Chicago offices. They're on Fortune's 100 Best Companies to Work For list every year for a reason, it is a bit more of a collegiate culture than normal and the "no jerks" policy is definitely enforced. Work-wise they're a top MM IB and in Chicago you're going to get mostly Industrials/CPG coverage.

Do analysts at Baird exit into good MM PE firms?

 

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