The end of the week is in sight. So, just as I predicted, we've already had some big news hit despite it being late August. Palantir Technologies officially revealed its documents to go public (ok, Rebecca Ungarino and Becky Peterson actually predicted this one). The super secretive tech company, which is backed by Peter Thiel, will come to the public markets via a direct listing (that funky way of going public done by Spotify and Slack). Palantir is an interesting company in a multitude of ways (it's had a long history as a dealer of government spy tech). I encourage you to stay up on the latest Palantir news, of which there is plenty, by clicking here. 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 ddefrancesco@businessinsider.com or on Twitter @DanDeFrancesco. Alts are totally in. Investing in nontraditional assets like hedge funds and private equity has become very in vogue over the past few years. BlackRock, the largest asset manager in the world, has recognized the trend, building out teams dedicated to alternative-asset businesses. Rebecca Ungarino profiled the 17 people at BlackRock leading that strategy. It's an interesting look into how one of the world's most powerful financial firms is approaching one of the industry's hottest trends. Click here for the full story. |
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