Overview
We never forget that what we do – striving to preserve our investors’ capital and creating investment solutions – helps secure the financial future for millions of retirees and supports the work of educational and charitable organizations around the world.
Blackstone Alternative Asset Management (BAAM) is the world’s largest discretionary allocator to hedge funds, with $43 billion in assets under management at the end of 2011. Our investors include many of the world’s leading institutional investors, including corporate, public and union pension funds, sovereign wealth funds and central banks.
Our focus on protecting clients’ assets is reflected in our business model, our process and our people. BAAM understands the needs of our investors for targeted investment solutions and attractive risk adjusted returns. Our process is designed to carefully select managers across a range of strategies and to create new capacity with talented investment managers. Approximately half of the assets we manage are invested in customized strategies created to meet client-specific objectives. And our exceptional team has deep experience in the disciplines needed to drive our business.
Most importantly, our interests are always closely aligned with our clients' with over $1.2 billion of the firm's and employees’ assets invested alongside those of our clients.
Despite volatile markets in recent years, our clients have continued to place their confidence in us and have given us a growing share of their assets to invest.