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: The Lazard banker who made $41M on insider tips, gold and silver keep ripping, Paramount sues Warner Bros., and PE dumps old fund stakes to return cash to investors.
Plus: Crypto market outlook, equity outlook, and greatest crash in Wall Street history.
Plus: Trump calls for cap on credit card interest rates, Meta going nuclear, D1’s private portfolio jumped 39% last year, and Rolls-Royce stock is on a tear.
Plus: $100K payment for each Greenland resident, Soho House’s $2.7B take-private in trouble, and Ozempic users regaining weight after getting off the pill.
Plus: JPMorgan takes over Apple Card, cuts proxy advisers with AI, Discord files for a U.S. IPO, and what happens to Venezuela’s $60 billion Bitcoin stash?
Plus: PE management fees fall to a record low, Greenland LBO back on the table, Meta halts Ray-Ban Display rollout, and Morgan Stanley jumps into Bitcoin and Solana ETFs.
Plus: Venezuela's Caracas stock exchange jumps ~17%, energy stocks rally, JPMorgan selling access to its "secret sauce," and Tim Walz drops out.
Plus: How to tell a great story, 2026 rates outlook, and most powerful investing strategies.
Plus: The top-performing hedge funds of 2025, the 39-round Goldman Sachs interview, and Meta’s Reels became a $50 billion business.
Plus: OpenAI paying employees more than any tech startup in history, Trump admin blocks state childcare payments after MN fraud, and the world’s richest added $2.2T in 2025.
Plus: The booming business of drinking yourself to sleep, Meta buys Manus for over $2B, Zuck's 2025 in pictures, Tesla warns on deliveries and PE resorts to selling assets to itself.
Plus: The year ahead in 14 sparks, why smart people make terrible decisions, and how to negotiate a raise.
