On the agenda today:
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The booming demand for junior talent on Wall Street has created a “domino effect,” wherein private equity firms are willing to hire less-experienced junior professionals — making Wall Street Prep, a company that helps these firms train their young talent, busier than ever. Here’s how talent wars are transforming technical training at PE firms.
Financial firms, along with every other company in the US, are scrambling to get back to the office — but their plans have been riddled with delays and changes to mask mandates and vaccine requirements. We spoke with a psychiatrist, who explained how the constant back-and-forth is affecting mental health.
Blackstone’s life-sciences group, Blackstone Life Sciences, raised $4.6 billion for its first fund in 2020, the largest of its kind. We spoke to the group’s head and four investors to hear how they think through deals and to learn more about the industry trends they’re watching. Meet the people behind the team’s most notable investments.
Gary Gensler, the current SEC chairman, comes from MIT where he taught a course on cryptocurrency. Now, his agency might be in charge of regulating the volatile — and often murky — crypto market. Learn more about Gensler and his plans for the crypto industry.
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