Blackstone PE London Hierarchy
Hi,
Does anyone have knowledge of the progression at Blackstone PE, London?
I have seen people with 2/3yrs experience at a top bank join Blackstone as an analyst (the same as people who join straight out of undergraduate), why do these people with significant experience not join as associate?
Thanks
BX london has a 3-year program. Normally only hire 2 straight from school per year, and only 1 of them will get promoted at the end of the program (suppose both finish the analyst program). The other guys join from a bank after 1-2 years and finish the rest of "3 year" thing. If you have spent 3 years at BB IBD - you are likely to get hired as an associate.
How does this fit in to the PE 6 month interns they hire? I know they hire out of that program, but I don't know how many they hire out of it, how many interns there are etc.
Probably 1. They normally hire through KEA, if they fail to fill the 2 slots, they will start to interview kids from the online pool, or convert the intern. For the 2015 FT class, 1 is hired through KEA and 1 is converted through the internship.
Thank you. Any insight for interviews there? Would be great for some advice
For the 1st analyst/6 month internship? Prob just paper LBO and some quick IRR calculation. A lot of brainteasers, and high-level ideas about where to invest in Europe. Basically everything you will encounter in an IBD interview + LBO stuff + brain teasers. Pay some attention to BX past deals, as they may ask you which investment you like the most about them.
Adipisci rerum consequatur maiores distinctio. Hic aperiam et debitis eos nihil beatae voluptate.
Atque aliquam ea tempora eligendi expedita. Dolor itaque tempora est at. Maxime sit maxime a omnis ab nesciunt id. Voluptas aliquam voluptatem sit dolor quo quo reiciendis accusamus. Iusto et consequatur perspiciatis itaque rerum aspernatur. Aut rerum tenetur incidunt voluptatem.
Dolores dolorem modi nam aliquam. Perspiciatis praesentium laudantium soluta tempore et consequatur soluta quo.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...