Proprietary comp report by Overheard on Wall Street.
Harvard's endowment got rekt by private equity and hedge funds, but private equity professionals expect double-digit raises in 2024.
Private equity and venture capital firms from Silicon Valley to Wall Street are pumping millions of dollars into the psychedelic revolution. Investors are betting on the power of mind-bending drugs to transform mental health treatment and cut costs.
Plus: Another Nvidia earnings beat, UBS warns private credit default rates could hit 15%, and private equity’s risky $1.1 billion bet on hospice care.
Plus: Jane Street accused of insider trading, AI can predict 71% of active fund trades, Anthropic coming after Wall Street, and does an MBA still deliver a return on investment?
Plus: Private equity's worst year since 2008, activists circling Blue Owl, and the NYC dating events where women pay $100, men pay $0, and women still outnumber men 3 to 1.
Plus: Anthropic rekt cybersecurity stocks, Equinox’s $40k/year membership has a 1,000+ person waitlist, and Centerview settled lawsuit over junior banker hours.
Plus: Blue Owl restricts withdrawals, Elizabeth Warren weighs in, Amazon becomes world’s biggest company by sales, and how much hedge fund managers made in 2025.
Plus: U.S. stocks stumble to their worst relative start since 1995, Super Bowl winners hit the market for $10B, David Solomon warms to Bitcoin, and JPMorgan keeps expanding.
Plus: Palantir is moving to Miami, Thrive Capital raised $10B for its largest fund yet, and how much athletes will earn for medals at the 2026 Winter Olympics.
Plus: Beneficiaries of the AI boom, private credit outlook, and strangest financial stories.
Plus: Gen Z trading home ownership for stock market, Ferrari hires legendary iPhone designer for its first EV, and what really happens when you stop taking Ozempic.
Plus: Anthropic’s Super Bowl ad drove an 11% user surge, SpaceX eyes dual-class IPO structure, the top 6 bankers made $250M in 2025, and Gen Z is splurging on luxury.
Plus: Anthropic raised $30B at $380B valuation, Morgan Stanley paid Ted Pick $45M in 2025, and the Fortune 500 CEO who believes in pain and suffering.
Plus: Wall Street bonuses saving NYC, real estate stocks get crushed on AI fears, junior analysts teaching boomer MDs AI, and private equity braces for a SaaSpocalypse.
