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!

16 Comments
 

It's not very technical at all.

It will be almost all fit and why you want to be at a fund of funds, and why you would be good at it. You should also be prepared to explain how you have added value in the past in relatively unstructured environments.

 

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.

 

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