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: Palantir becomes a $200B company, Google missed earnings, Citi is still embracing a hybrid working, and Apollo launches new private equity plans.
Plus: Trump pauses tariffs on Mexico and Canada, Palantir smashed earnings, Equinox became NYC largest tenant, and an inside look into JPMorgan Chase's new HQ.
Plus: Private Equity > Private Credit again, Meta mulls moving to Texas, NYC office demand back to pre-pandemic levels, and Walgreens made history for the wrong reasons.
Vanguard's 2025 outlook on the private equity market, including their latest forecasts and perspectives.
Plus: Memes go mainstream with Deutsche Bank dropping a meme deck, Trump confirmed 25% tariffs, Carlyle is going Hollywood, and Amazon is ramping up ad spending on X.
Plus it's earnings szn: Meta crushed earnings as Zuckerberg seeks to advise Trump on AI, Tesla and Microsoft disappointed, and OpenAI probes DeepSeek for data misuse.
Is Intermittent Fasting a Health-Hack or Overhyped Diet Trend?
Plus: The industry thatβs most attractive to potential partners (itβs not finance), HSBC exited investment banking, and Goldman bankers got rekt.
Plus: Microsoft is in talks to buy TikTok, Starbucks adds a βpanic buttonβ for angry customers, and why top performers are exempt from return-to-office.
Plus: Starbucks' CEO made $96M for 4 months of work, Meta will spend $60B on AI growth, expect record-high egg prices in 2025, and an Oracle-led deal for TikTok?
That prevent smart people from getting rich.
Plus: Trump signed an executive order promoting crypto, Walmart's paying managers $600k/year, and UnitedHealthcare names a new CEO.