Wall Street backs the burbs

New York City, USA – August 1, 2018: Elevated view of the skyline of modern skyscrapers of Manhattan at sunset in New York City, USA

Good morning and welcome to Insider Finance. I’m Dan DeFrancesco, and here’s what’s on the agenda today:
We mapped out the key investors who are leading Wall Street’s push into the single-family-rental sector. Meet the top private-equity investors focused on Hollywood. A KKR talent exec details how PE firms aren’t just hiring from "core" schools.If you’re not yet a subscriber, you can sign up here to get your daily dose of the stories dominating banking, business, and big deals.
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Meet the slew of investors hosing up homes and buying up America’s suburbs

Cohen/Ostrow via Getty Images

Here are the major players piling into the booming single-family-rental sector.
Click here to see the entire list.
Meet 13 private equity investors betting big on Hollywood and backing hits from ‘Knives Out’ to ‘Mare of Easttown.’

From Apollo to Zelnick, these 13 private equity players are betting billions on Hollywood. Read the entire list here.
Michaela Edwards left a high-profile portfolio manager job to run money for eBay billionaire Jeff Skoll. Here’s what she learned about the ‘quirky’ world of family offices.

(photo courtesy of Capricorn Investment Group)

Michaela Edwards is partner and portfolio manager at $8 billion Capricorn Investment Group, which was initially founded as the family office for Jeffrey Skoll and the Skoll Foundation. Read more here.
A KKR talent exec says the private-equity firm’s college recruiting is expanding beyond core target schools

Grace Koo is KKR’s head of talent acquisition.

KKR’s Grace Koo said the firm is pivoting away from hiring only from "core" schools. Here’s what else she said.
TikTok has banned fintech and other categories from influencer campaigns. But there are workarounds brands are using.

In this photo illustration, a TikTok logo is displayed on a smartphone with stock market percentages in the background.
Photo Illustration by Omar Marques/SOPA Images/LightRocket via Getty Images

Marketers say TikTok’s new policies are meant to protect the app’s younger users from bad actors. Here’s what else we know.
The Wall Street pay-hike frenzy is going into overdrive. Here’s a running list of which firms have raised so far.

Michael Blann/Getty Images

Wall Street is showering younger talent with special bonuses and salary increases in a bid to stop them from leaving. We’ve got the full list of which firms have raised salaries so far.
Odd lots:At Big Law firms, associate pay isn’t keeping pace with partner profits. Here are two charts that break down the growing divide. (Insider)
Bill Ackman Drops SPAC Plan for Universal Music Deal (WSJ)
Inside Merrill’s Fight With Advisors to Keep 44 Clients (Barron’s)
Accountants, Lawmakers Urge Rules on Crypto Accounting (WSJ)
JPMorgan is on a blockchain hiring spree (The Block)
Read the original article on Business Insider

Source: https://www.businessinsider.com/top-finance-stories-of-the-day-for-july-20-2021-7

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