A man crosses a nearly deserted Nassau Street in front of the New York Stock Exchange (NYSE) in the financial district of lower Manhattan during the outbreak of the coronavirus disease (COVID-19) in New York City, New York, U.S., April 3, 2020.Mike Segar/Reuters
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I usually like to highlight a major story of the day, but we've published too much good stuff to wait. Let's just get into it.
Recruiting on Wall Street is no joke. The competition is always ferocious, as firms want to maintain a pipeline of young talent. That goes double for alternative asset managers like hedge funds and private-equity firms.
The resulting list is a great snapshot of who are the key people when it comes to staffing roles at firms like Blackstone, Apollo Global, and Citadel.
So whether you're early in your career and looking to make a move to the buy side, or you're an investment firm looking for ways to source young talent, it's a list worth checking out.
More than a decade ago, Blackstone acquired credit-investing platform GSO. The deal has been a big win for the firm, with assets growing from $10 billion to $130 billion today. But GSO's integration into Blackstone wasn't entirely smooth. Casey Sullivan and Alex Morrell have the full, incredible story on the history of GSO.
The American Express executive tasked with managing the soon-to-be acquired SMB lender Kabbage spoke to Shannen Balogh about how the fintech fits into the card giant's broader strategy to go after small businesses. Here's the full story.
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