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6 days ago | 
businessinsider.com | Kaja Whitehouse |Emmalyse Brownstein |Henry Blodget
When I was an intern in college, I was genuinely thrilled to be gifted a branded T-shirt, coffee tumbler, and spiral notebook at the end of the summer. Earlier this month, I pulled up to the Four Seasons in Fort Lauderdale, Florida, where interns for hedge fund Citadel were spending the first days of their summer program. As I gazed up at the pristine white stucco of the hotel's exterior, and then at the white sand beach 100 yards away, that tumbler felt pretty lousy.
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1 week ago | 
ca.finance.yahoo.com | Emmalyse Brownstein |Huileng Tan
• David Blitzer said major sports teams are great investments, with dramatically increasing demand. • The Blackstone exec is the first person to own equity in all five major men's sports leagues in the US. • Blitzer says sports businesses "have some of the best IP in the world."David Blitzer's interest in sports investing began after he became, in his own words, a "failed athlete.""I thought I was good when I was, you know, like a teenager.
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1 week ago | 
businessinsider.com | Meghan Morris |Emmalyse Brownstein |Huileng Tan |Henry Blodget
David Blitzer's interest in sports investing began after he became, in his own words, a "failed athlete.""I thought I was good when I was, you know, like a teenager.
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1 week ago | 
businessinsider.com | Kaja Whitehouse |Emmalyse Brownstein |Henry Blodget
Turning an internship into a full-time job on Wall Street requires dedication and a voracious work ethic — working late nights, for example, comes with the territory. At Goldman Sachs, it also means mustering up the courage to ask full-timers, including senior bankers, to grab a latte with you. If that sounds intimidating, it is — but it's also par for the course at the powerhouse investment bank, according to Goldman staffers who started out as interns.
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1 week ago | 
yahoo.com | Reed Alexander |Emmalyse Brownstein |Alex Nicoll
JPMorgan recently drew a line in the sand over private equity's recruiting of its newbie bankers. Within days, Apollo and General Atlantic said they would bow out of the practice this year. Here are some of the other factors that may have played a role in their decision. When Jamie Dimon speaks, people listen. Early last week, the JPMorgan CEO blasted the practice of private equity firms hiring junior bankers for future-dated jobs.
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1 week ago | 
businessinsider.com | Kaja Whitehouse |Reed Alexander |Emmalyse Brownstein |Alex Nicoll
When Jamie Dimon speaks, people listen. Early last week, the JPMorgan CEO blasted the practice of private equity firms hiring junior bankers for future-dated jobs. Days later, buyout shops Apollo Global Management and General Atlantic heeded the warning and announced they'd stop the recruiting tactic. Even Apollo's CEO, Marc Rowan, seemed to credit Dimon for his firm's decision.
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2 weeks ago | 
businessinsider.com | Kaja Whitehouse |Emmalyse Brownstein |Alex Nicoll |Reed Alexander
Investment giants Apollo and General Atlantic sent shockwaves through Wall Street this week when they pulled out of the private equity industry's annual rat race for junior talent. Now, the question on everybody's lips is: What happens next? Is the private equity industry's widely criticized recruiting process for junior talent on the verge of collapse — or just on pause? Who stands to gain — or lose — the most from the new normal?
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2 weeks ago | 
businessinsider.com | Kaja Whitehouse |Emmalyse Brownstein |Reed Alexander |Henry Blodget
2025-06-12T13:32:38Z Share Facebook Email X LinkedIn Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. General Atlantic halts 2027 associate recruiting, a day after Apollo also pulled the plug.
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2 weeks ago | 
businessinsider.com | Kaja Whitehouse |Emmalyse Brownstein |Alex Nicoll |Reed Alexander
One of the most prominent private equity firms is pulling back on a controversial recruiting practice that has drawn criticism from banking leaders like JPMorgan Chase CEO Jamie Dimon. Apollo, which manages $785 billion in assets, told would-be candidates for its 2027 associate class that it will not participate in recruiting for their cohort this year. The news, communicated via email, was sent by Apollo's cohead of private equity and head of human capital on Wednesday.
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2 weeks ago | 
businessinsider.com | Kaja Whitehouse |Emmalyse Brownstein |Henry Blodget
About 2,600 students around the world just kicked off their internships at Goldman Sachs, including 1,000 who gathered at the firm's Manhattan headquarters for orientation. For many of these students, this will be one of the most consequential summers of their lives. Wall Street internships are hard to get, and how they perform could determine the course of their careers, including whether they get an offer to work for Goldman after graduation.
