LONDON: Blackstone Tactical Opportunities team

Hi all,

Could anyone give me some insights on Blackstone's tactical opportunities team in London? (recent deals, culture, working hours, asset class focus (an estimated % breakdown would be nice)).

Their mandate seems to be pretty loose ... from what I understand they pretty much invest in any asset class, geography and industry with a focus on "special" / distresses situations.

Cheers

 
Best Response

Maybe I can add a bit of colour on this, from an outside perspective. I believe this fund, alongside several similar ones at other GPs, has been created as a way to move slightly away from overcrowded traditional PE investing and instead to copy the kind of investing strategy that a handful of large successful institutional investors have been operating. Basically, they can hold the assets longer, they can take minority stakes instead of going for control transactions only, they can go for lower-returns higher-defensivity hybrid assets (think something that would be halfway PE/infrastructure for instance), they can invest with more flexibility across the capital structure, and they have enough capital to write follow-on checks if the situation warrants it.

Please do correct me if I'm wrong as I don't work there, this is hearsay.

 

Ea voluptas dolores consequatur officiis quo dolore quibusdam. Quam exercitationem veniam dolore ea consectetur vel qui. Enim dolorem enim facere. Sed sunt quis ad non nesciunt consequatur enim aut. Repellendus totam culpa ipsum vitae. Quia quasi eum sunt dolorem aperiam non voluptas.

Aut doloribus nisi saepe deleniti. Delectus ipsam ratione facilis consequatur. Enim quam nobis magnam voluptatum beatae rerum. Corrupti et hic natus vel exercitationem fugiat eveniet.

Enim laborum in molestiae voluptas inventore velit consequatur neque. Ut ab numquam eum dolores.

Career Advancement Opportunities

March 2024 Private Equity

  • The Riverside Company 99.5%
  • Warburg Pincus 99.0%
  • Blackstone Group 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

March 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

March 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

March 2024 Private Equity

  • Principal (9) $653
  • Director/MD (21) $586
  • Vice President (92) $362
  • 3rd+ Year Associate (89) $280
  • 2nd Year Associate (204) $268
  • 1st Year Associate (386) $229
  • 3rd+ Year Analyst (28) $157
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (313) $59
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
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
CompBanker's picture
CompBanker
98.9
10
numi's picture
numi
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...”