Retired finance executive Steven Saslow serves as a consultant for the Blackstone Group. While working at Blackstone full time, he successfully built the company’s first in-house hedge fund. Over the years, Steven Saslow has traveled extensively. He especially enjoys visiting Barcelona. The Costa Brava, located north of the city, is one of Spain’s most beautiful destinations
The Costa Brava stretches from the City of Blanes, just north of Barcelona, all the way to the French border. It is known for a mixture of sandy beaches, beautifully rugged coastline, and quaint fishing villages. The coast serves as a vacation destination for tourists from all over the world.
Blanes, with its myriad of shops, restaurants, and hotels, functions as the Gateway to the Costa Brava. From Blanes, a visitor can hike to the top of La Palomera, a scenic cliff from which one can catch an unparalleled view of the vast Mediterranean and the ribbon of scenic coastline that stretches north toward France.
When traveling along the coast, visitors can explore museums featuring the work of Salvador Dali, dine in a number of restaurants featuring Michelin-starred chefs, and enjoy the natural beauty of Spain. Peak season along the Costa Brava is during the summer, from July through August. Visitors traveling during May, June, and September, however, will enjoy fantastic weather and much lower prices at hotels and restaurants.
Steven Saslow, a consultant for the Blackstone Group, has years of experience mentoring and teaching interns and new employees within the finance industry. Harboring a passion for the arts outside of his work with Blackstone, Steven Saslow frequents several museums in New York. A favorite stop is the Whitney Museum of American Art.
The Whitney features a full range of 20th-century and contemporary American art and often displays the work of living artists. Notable modern-day artists,, including Jasper Johns, Cy Twombly, and Cindy Sheman, all had their first retrospectives displayed at the museum.
Located in the Meatpacking District of New York City, the Whitney’s new building is situated between the High Line and the Hudson River. Noted Italian architect Renzo Piano designed the facility and drew a great deal of inspiration from the unique industrial nature of the site’s surroundings. The building was opened to the public on May 1, 2015.
The Whitney’s building is asymmetrical and sculptural in nature, maintaining a distinct contemporary feel that matches the collections within its walls. It contains over 50,000 square feet of indoor gallery space in addition to 13,000 square feet of outdoor exhibition space. A black-box theatre, conservation lab, library reading room, education center, and an outdoor plaza that functions as a public gathering place were also included in the building’s design.
A respected Blackstone Group consultant, Steven Saslow seeks out sustainable hedge fund investment strategies. He also mentors young professionals interested in financial careers at Blackstone through the Road to Wall Street program of Rutgers College. Steven Saslow has a passion for travel and particularly enjoys destinations such as the Costa Bravo region north of Barcelona.
One of the highlights of the area is Cadaqués, a coastal village set on a rocky, rugged shoreline adjacent the Cap de Creus Natural Park. Featuring calm waters along a sheltered harbor, Cadaqués’ historic quarter provides a distinctive Mediterranean ambiance with labyrinthine streets and whitewashed residences.
In the early 20th century, the sun-drenched fishing village attracted notice among artists such as Miro and Picasso, and inspired many of the young Salvador Dali’s most memorable creations. With Dali’s talent evident from an early age, his father set him up with a Cadaqués studio that led to art school in Madrid and international recognition during his time in Paris.
Despite growing fame, Dali ultimately returned to Cadaqués and helped shape it into a uniquely protected community. Today, the community is home to a myriad of art galleries, boutiques, and restaurants. It offers travelers a welcome respite from the mass tourism prevalent along much of Spain’s Mediterranean coast.
With almost 45 years of financial investment experience, Steven Saslow was a managing director at The Blackstone Group in New York. Since his retirement in December 2007, Rutgers alumnus Steven Saslow continues to provide financial consultation advice and currently serves as a mentor in the Rutgers Road to Wall Street Program.
The goal of the Rutgers Road to Wall Street Program is to familiarize students with having a career on Wall Street and to help undergraduates build a network of alumni who are currently established with Wall Street employers such as Citi, Goldman Sachs, Credit Suisse, and more. Participants are paired with a mentor and are offered resources such as counseling, skills training, and interview evaluations. In order to gain insight into interviews held during the junior year, mentees must attend six boot camp sessions, each lasting two hours. The program also facilitates student visits to various corporate employers, allowing a hands-on experience to the life of a Wall Street professional.
Although the Rutgers Road to Wall Street program is open to all majors, applicants must adhere to a list of qualifications to gain acceptance. Besides holding a 3.3 grade point average, each candidate must be a first or second year student, and he or she must submit a resume with cover letter expressing interest in having a career in Wall Street.
Steven Saslow is a consultant for the Blackstone Group investment firm in New York City. Steven Saslow has worked with Blackstone since 2002, when he joined the company to develop its first in-house hedge fund. Outside of work, Mr. Saslow mentors business school students at Rutgers College, his alma mater, through the Road to Wall Street program.
Designed to acclimatize future graduates to a Wall Street career, the competitive program pairs students with successful alumni and includes counseling, skills training, networking, and interview preparation.
During the Spring months, Road to Wall Street offers weekly boot camps geared toward readying sophomores for summer internship interviews. The students also take part in a second two-day session, held in the fall. Time with their mentors includes site visits to learn more about what it is like to work on Wall Street.
To be accepted into the program, students must have a minimum 3.3 GPA and prepare a cover letter and resume. Applicants may be pursuing any major, including liberal arts.
A graduate of Rutgers University, where he received his bachelor of arts in economics, Steven Saslow served as chief investment officer of the Blackstone Relative Value Fund and a managing director at the Blackstone Group for more than 10 years. Outside of his current work as a consultant with Blackstone, Steven Saslow enjoys biking, rock climbing, and hiking in Adirondack Park.
Founded in 1892, New York’s Adirondack Park is the largest protected park in the lower 48 states. Made up of both public and private land and spanning seven distinct regions, the park has something for every outdoor enthusiast, including a wide variety of hiking trails.
–Cascade Mountain. A relatively easy hike for beginners, Cascade Mountain is one of the most popular trails in Adirondack Park. With 2.4 miles to the summit, the trail takes hikers by the falls between the Cascade Lakes and up to one of the best views in the park. The current trail opened in 1974 and replaced a much narrower, steeper route to the summit.
–Great Falls Loop. A 9.4-mile loop hike, the Great Falls Loop typically takes hikers all day to complete. Set in the Adirondack Mountain Reserve, a privately owned game reserve, the unmarked route goes past Rainbow Falls and Beaver Meadow Falls, in addition to a number of other, smaller waterfalls.
–Sleeping Beauty. A winding, rocky trail that leads to views of Lake George, the Sleeping Beauty hike can be as short as 1.8 miles each way or 3.4 miles each way, depending on the conditions of the road to Darcy Clearing. Because it is made up of switchbacks and goes around cliffs, the trail is good for hikers with a medium level of experience.
After a long career in finance, former Blackstone executive Steven Saslow maintains ties with the company as a consultant to BAAM, Blackstone’s hedge fund solutions group. Managing over $60 billion in fund assets, Steven Saslow and BAAM have withstood a volatile financial market over the course of 2015.
For many fund managers, 2015 was a rollercoaster year. Ultimately, most ended up in the same position as they began the year. For example, the largest stock funds saw just a 1.2 percent increase as of December 30, 2015. Strong-growth stocks were rare commodities. Having climbed out of the recession, many companies are predicting flat-results forecasts.
Emerging-market stocks were some of the worst performers last year, losing almost 14 percent on average. Compounding the issue, the Federal Reserve announced its first short-term rate increase in almost 10 years last December. New banking regulations appear to be propelling the volatility, as withdrawals from market-making capital in investment banking seem to be on the rise.
The outlook for 2016 forebodes much of the same as from the year before. Investors should be ready for continued volatility and slow growth, analysts say.