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: AI could take up to 200k jobs on Wall Street, Blackstone bet $300M on AI, Jefferies tripled profit with IB rebound & TikTok faces US ban Jan 19 unless Supreme Court steps in.
Plus: Quantum stocks plunged, Delta ended its partnership with Lyft switching to Uber, eBay will join Facebook marketplace, and Yellen says the Covid stimulus caused inflation.
A deep dive into the top 5 stocks that could perform well in a 2nd Trump administration.
Plus: JPMorgan announces full time RTO, Anthropic raising funding at $60B valuation, Trump wants Canada, Greenland, Panama Canal, and to rename the Gulf of Mexico.
Plus: Fubo soared 250% on Disney merger, Dana White joined Meta's board, Bridgewater to lay off 7% of staff, Citadel's 21-month non-compete, and Trudeau out as Canada PM.
Plus: All United flights are getting Starlink by spring, Microsoft will spend $80B on AI data centers, Rivian met 2024 vehicle production target, and Amazon's NFL bet is paying off.
Interest rates higher for longer has important implications for private markets.
Plus: Hindenburg started 2025 with a bang, calling Carvana "A Father-Son Accounting Grift For The Ages" and NYC singles say it takes $1,000 to tell if you actually like someone.
Plus: S&P 500 posted back-to-back 20% gains (all banks got it wildly wrong), NY congestion pricing begins Sunday, and 2025 will be the year of the office influencer.
Plus: America’s 2024 ETF boom, disgruntled Tesla investors sue Musk, Gronk agrees with Elon, and are multi-strat hedge funds dead?
Plus: Private credit is minting money for Wall Street, hedge funds are betting on a bank bull run in 2025, and the dollar is having its best year in a decade.
The role private equity plays in the sports ecosystem.
