This case scenario examines and investigates the reasons for Blackstone Alternative Asset Management’s escalation from 2007-2013, at a time when the overall funds of the hedge funds business contracted greatly. Moreover, the case analyzes evolving business models and value propositions within the fund of hedge funds sector. J. Tomilson Hill, CEO of BAAM and Vice-Chairman of The Blackstone Group, is the protagonist.
At that time of the case, BAAM was considering two potential directions for future growth: 1) supplying hedge fund products for the defined contribution pension space, and 2) starting direct internal "manufacturing" of investments. For all these potential new areas for growth, the case considers challenges and opportunities in the context of the current fund of hedge funds industry.
PUBLICATION DATE: June 25, 2013 PRODUCT #: 213129-PDF-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING