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: JPMorgan announces layoffs, Elon uncovers limestone mine, Dalio's debt warning and McKinsey ignoring federal DEI orders.
Plus: Elon says Fed could be audited while Powell pushes back, Goldman scraps IPO diversity pledge, and JPM employees petition to halt 5-day back-to-office rule.
Plus: Hyatt bought Playa Hotels for $2.6B, TD Bank offloaded $14B in Schwab shares, Coca-Cola’s $7B Fairlife bet, and Super Bowl breaks records again.
Plus: New tariffs on steel, Trump wants to get rid of pennies, Trader Joe's capping egg sales, Musk says no to TikTok and BP is being targeted by an activist investor.
Big ideas from Ark Invest.
Plus: Trump exploring eliminating carried interest loophole for private equity, private credit's iPhone moment, and Amazon reports earnings.
Plus: Retail investors are piling into Nvidia again, Google scrapped DEI hiring, and bankers offload Elon’s debt for 97 cents on the dollar.
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.
