businessinsider.com
Blackstone sees a light at the end of the tunnel for the troubled commercial real estate market — and the private equity giant is not waiting for things to settle down before it starts picking winners.In a Thursday conference call to discuss 2023 earnings, Blackstone president Jonathan Gray predicted that commercial real estate, which has suffered its biggest price declines in half a century, could soon hit bottom.“We believe that real-estate values are bottoming,” Gray said. “While it will take…
3 months ago
africa.businessinsider.com
Insider’s Linette Lopez predicts two kinds of scadal will emerge from the wreckage caused by rising interest rates and falling stocks.
about 1 year ago
businessinsider.com
Compass, which lost roughly $6 billion since its 2021 IPO, is racing to cut costs. Plus, there’s another reorganization brewing at Goldman Sachs.
over 1 year ago
businessinsider.com
Good morning! This is Kaja Whitehouse reporting to you from New York City. The focus of today’s newsletter will be roughly 50 miles north in the coastal Connecticut town of Westport, where billionaire hedge-fund founder Ray Dalio has finally ceded control of his hedge fund empire, Bridgewater Associates. We will also discuss how Merrill Lynch is taking a page from dating apps to match customers with financial advisors, the latest succession intrigue at asset management giant Blackrock, and the b…
over 1 year ago
businessinsider.com
As if acing law school weren’t hard enough, many students are now also feeling pressure to snag a summer job with a top law firm before their first year of school is even over.Working at a law firm after a student’s second year, or 2L, has long been a rite of passage for students bound for Big Law. So-called “summer associates” get the chance to do legal research, eat nice meals on the company’s dime, and meet the people they’ll likely be working with after graduation — because upwards of 90% of…
over 1 year ago
businessinsider.com
The biggest story in finance is the annual Allen & Co. conference in Sun Valley, Idaho, where media and tech billionaires and execs make deals.
almost 2 years ago
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