BAAM- Quantitative Strategy, Associate

Blackstone is the world’s largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $1 trillion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, Twitter, and Instagram.
 

Job Title

BAAM- Quantitative Strategy, Associate

Business Unit

Blackstone Alternative Asset Management

Business Unit Overview           

Blackstone Alternative Asset Management (BAAM®) manages approximately $81 billion across a diversified set of businesses, including a customized portfolio solutions business, a special situations platform, a business that purchases GP stakes in alternative asset managers, an open-ended mutual fund platform, and an emerging manager seeding business. BAAM invests across a variety of asset classes and strategies to create solutions for its investors. Through its sharp focus on clients’ goals, a rigorous due-diligence process and access to Blackstone’s global insights, BAAM strives to generate attractive risk-adjusted returns across market cycles while mitigating downside risk during stressed market environments. 

Job Description

The Quantitative Strategy Team is responsible for investing in systematic trading strategies across all asset classes as well as in strategies applied to digital assets. The investment process combines the analytical thinking of systematically investing in public markets with the strategic thinking of private equity. Core responsibilities include:

• Sourcing, evaluating, and investing in systematic and digital assets focused hedge fund strategies across fund life cycles. This involves meeting with the hedge fund manager and their team and conducing both qualitative and quantitative analysis of the relevant strategy.

• Thinking strategically about quantitative methods for generating investment ideas and developing quantitative tools to improve BAAM’s overall investment process.

• Creating bespoke quantitative models to profit from inefficiencies across various asset classes.

• Making recommendations regarding different styles of investing, given the current environment and future expectations.

• Creating strategic partnerships with systematic hedge fund managers with the goal of developing bespoke investment opportunities.

Qualifications

BAAM seeks to hire individuals who are highly motivated, intelligent, have sound judgment, and have demonstrated excellence in prior endeavors.  In addition to strong analytical and time management skills, the successful candidate must have:

• 2+ years of experience

• Passion for both investing and business building.

• Strong conceptual and analytical thinking abilities.

• Framework orientation for problem solving.

• Strong quantitative and coding skills (Python).

• Strong capabilities at financial modeling (MS Excel) and presentation construction (MS PowerPoint).

• Exceptional work ethic, entrepreneurial spirit, intellectual curiosity, and desire to continually expand their understanding and improve.

• Collaborative workplace approach that fosters strong working relationships.

• Unquestionable integrity.

• Candidate should be self-motivated and a team-oriented individual who thrives on challenge in a dynamic environment, often tasked with competing deadlines.

The duties and responsibilities described here are not exhaustive and additional assignments, duties, or responsibilities may be required of this position.  Assignments, duties, and responsibilities may be changed at any time, with or without notice, by Blackstone in its sole discretion.

Expected annual base salary range:

$110,000 - $160,000

Actual base salary within that range will be determined by several components including but not limited to the individual's experience, skills, qualifications and job location. For roles located outside of the US, please disrega