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Good morning and welcome to Insider Finance. I’m Dan DeFrancesco, and here’s what’s on the agenda today:

Come for the power plays, stay for the squash matches with Bill Ackman. Here’s our definitive story on the rise of Blackstone’s Jon Gray.
Retail traders keep pushing stocks — specifically GameStop — to astronomical highs and that’s helped some people nab massive returns

Meet Kim Posnett, Goldman Sachs’ investment banking services head. You’ll hear from colleagues and mentors, including Gregg Lemkau. 

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.

Like the newsletter? Hate the newsletter? Feel free to drop me a line at or on Twitter @DanDeFrancesco. 

Jon Gray is the future of Blackstone. 50 insiders reveal how the superinvestor consolidated power, elbowed out rivals, and is remaking the firm in his golden-boy image.

Jon Gray is the second most powerful man at private-equity giant Blackstone.

We spoke to 50 insiders to break down how Gray went from an analyst in 1992 to the pinnacle of one of the most powerful firms on Wall Street. 

Click here to read the entire story.

Source:: Businessinsider – Finance


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