PJT Partners DeckMedium

Why did Blackstone spin off its advisory businesses to create PJT Partners? Explain the conflict logic an interviewer expects you to articulate.

Model answer

Conflicts of interest. As Blackstone's investing businesses grew into the world's largest alternative asset manager, its advisory arms increasingly found themselves conflicted out of mandates:…

The full, human-reviewed answer is in the bank.

Sign up free and Daily 10 serves you 10 questions a day from all 2,000+ — or go Pro for unlimited reps.

More from PJT Partners Deck

Browse all topics