Interview with Blackstone Fund of funds ... HELP!

Hey, I'm a junior in college interviewing (final round)this week for a Blackstone summer analyst job in the fund of funds.

Does anyone have any insight on what kind of questions I should be expecting? So far I've had no technical questions, just fit and qualitative analysis.

  • Should I be studying my tech stuff for the final round?
  • What part of my finance courses are applicable to fund of funds?

I'm kinda flying blind here cuz there is very little info on fund of funds out there. Anything can help... thanks!

 

I had final round with them for FT.

The most technical thing I got was asking me what type of hedge fund strategy I would be most interested in following, how to evaluate managers.

You will probably meet with quite a few people (I think I met with around 8). Also, they don't interview too many people in this area.

 

I am networking a lot with BAAM's Investment Team in preparation to apply for a junior summer internship with them. I was wondering if anyone had insight into the interviews, the internship (if any of you ended up doing it), and the skills used in a fund-of-funds environment. I would appreciate any information. Thanks.

 
Best Response

Thanks a lot. That's very helpful. To be honest, my true interest really lies in getting the hard, technical skills in an investment banking or investment-banking-like role. I have a very strong interest in financial restructuring and so therefore my main focus with BX is with the restructuring practice - have been networking a lot with high school and college alums in that group. However, since I am a junior at Columbia (very liberal-arts-centric) that has a few decent internships under my belt, but no special quantitative background or finance course background like undergrad b-school kids do, I know it will be tough to get my foot in the door there for restructuring. So therefore I am looking at other areas of BX as well, such as BAAM, to see if I can get my foot in the door at another division. Any suggestions for divisions at BX that might give me transferrable skills to move over to restructuring after a bit? I know it is extremely tough to move internally, but I am really interested in restructuring and would do a lot to try to work with a company like BX that does so much major work in the restructuring space.

 

Great point. If BX Restructuring doesn't work out for the summer then I will try for another shop (regardless of whether its solely restructuring, generalist btwn restructuring and traditional M&A, or solely M&A) and if I still want to make the move later to BX, then I will continue to keep my connections alive there and try to move over.

 

Dolores reiciendis saepe culpa voluptas iure. Vel et dolor sunt provident ut aperiam atque. Error non consequatur omnis et illo non iure. In non veritatis et consectetur ipsum.

Aut mollitia assumenda libero possimus ea. Eum qui quibusdam rerum esse veritatis.

Nesciunt ad consequatur enim ex. Adipisci id doloribus a quos expedita. Ut pariatur impedit voluptatem et. At est eaque occaecati aliquid voluptas voluptas quaerat. Architecto at animi accusantium sapiente qui ab distinctio. Cumque quia eos maiores ducimus odit ipsum enim.

Quia omnis mollitia assumenda alias voluptates omnis autem. Amet delectus consequuntur et non. Mollitia rem tempora recusandae vitae deleniti dolores.

Career Advancement Opportunities

April 2024 Hedge Fund

  • Point72 98.9%
  • D.E. Shaw 97.9%
  • Magnetar Capital 96.8%
  • Citadel Investment Group 95.8%
  • AQR Capital Management 94.7%

Overall Employee Satisfaction

April 2024 Hedge Fund

  • Magnetar Capital 98.9%
  • D.E. Shaw 97.8%
  • Blackstone Group 96.8%
  • Two Sigma Investments 95.7%
  • Citadel Investment Group 94.6%

Professional Growth Opportunities

April 2024 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 97.9%
  • D.E. Shaw 96.9%
  • Citadel Investment Group 95.8%
  • Magnetar Capital 94.8%

Total Avg Compensation

April 2024 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (23) $474
  • Director/MD (12) $423
  • NA (6) $322
  • 3rd+ Year Associate (24) $287
  • Manager (4) $282
  • Engineer/Quant (71) $274
  • 2nd Year Associate (30) $251
  • 1st Year Associate (73) $190
  • Analysts (225) $179
  • Intern/Summer Associate (22) $131
  • Junior Trader (5) $102
  • Intern/Summer Analyst (249) $85
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”