Offer from Blackstone BAAM vs IB at a top BB or EB

Hi all - wanted to ask for your thoughts about Blackstone's hedge fund investing arm (summer 2020). From my understanding, exits are primarily funds of funds or just stay at the firm. Any insights about comp, hours, and how this option compares to going from IB and then to PE? I have a top profile at a top target school and a sophomore BB internship.

Thank you!

3 Comments
 
Most Helpful

Was in a similar position last year. Unless you want to stay in a fund to fund position, take the internship at a top BB or EB

The prestige of the name Blackstone may seem alluring but BAAM simply is not it

 

Quas dolorum est alias expedita. Ducimus aperiam rerum labore minima. In est voluptatem mollitia doloribus perspiciatis. Id sint et veniam alias. Ducimus reiciendis soluta at dolor. Dolorum deleniti tempore pariatur aut est.

Earum in error ea ut. Animi saepe facilis nulla quos qui. Alias asperiores aut dignissimos. Eius reprehenderit exercitationem fugit qui et quaerat reiciendis minima.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $101
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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
GameTheory's picture
GameTheory
98.9
6
DrApeman's picture
DrApeman
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
CompBanker's picture
CompBanker
98.9
9
dosk17's picture
dosk17
98.9
10
Linda Abraham's picture
Linda Abraham
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...”