BX Liquid Credit SA 2023
Anybody receive a first round yet or can shed some light on the internship like day to day and how many interns they usually take? I couldn’t find that much info online and am unsure of how big the group is. Appreciate any insights on them.
Went through diversity recruiting, dropped out and got an offer at another BX division. Class size is 1-2 per one of the principals I interviewed with. The role is dealing with all types of high yield bonds, CLOs,anything that isn’t super structured. Intern program is generalist across groups and I’m pretty sure across products that fall under the LCS umbrella. I asked for clarity on the day to day and they effectively parroted back the role description which is pasted below.
“Summer analysts will conduct fundamental credit analysis to identify attractive investment ideas and proactively communicate recommendations to portfolio managers. Individuals in the program will participate in all aspects of the investment process including meeting and interacting with management teams, financial analysis, financial modeling, research, industry and competitive analysis, and formulation of investment thesis. Analysts will develop both quantitative and qualitative skills through the investment process and will have the opportunity to get exposure to a wide range of industries and investment types. As a result of the breadth of the experience, analysts will develop a unique understanding of companies and capital structures.”
First round was pretty straightforward, talking through my resume and experience in a student investment fund. Talking about why credit, what my investment process (I stipulated that I always look to get downside protection) looked like, basic questions that centered on my investment approach. Had a very basic technical about ebitda if I remember correctly. Not very difficult. Got the superday but never went through.
Thanks so much for this. Were other people at your school interviewing so would it be possible the class is already full and how long was turn around? Also congrats on your offer!
None at my school, took about 2 weeks from first round to superday. Idk if it’s filled yet.
Also interviewed through superday but didn’t accept
Process was precisely as outlined above but superday was 7 interviews ranging from non technical to technical
Diversity or non diversity, and what kind of technicals like basic ones from the guides or more CLOs and syndicated loan focused?
If you dont mind, could you share what types of technicals they asked during the super
Hey i just got notified for a super next week and was wondering how you prepped for the interviews and the types of questions asked. Thanks in advance.
Anyone heard back from this division?
Any non-diverse non accelerated candidates hear back yet? Go to a top target and got the pymetrics but its still silent on my end
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