BlackRock and Snowflake team up — The PE fast-food king — SPACs hedge funds love

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How BlackRock is teaming up with Snowflake for a new generation of coding-savvy portfolio managers, traders, and analysts

Sudhir Nair, global head of BlackRock's Aladdin business (left) and Matt Glickman, Snowflake's vice president of product for financial services.

One of the biggest names on Wall Street and a rising star in tech are teaming up. BlackRock’s massive Aladdin business announced a partnership with Snowflake, which helps customers manage and handle data in the cloud. 

The deal signifies how tech skills are increasingly becoming a neccesity among traders and portfolio managers.

Click here to read the entire story.

Here’s why ESG adoption from the world’s biggest asset managers all comes down to data

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ESG is set to be a key focus of the Biden administration, but a clear-cut definition of the market still doesn’t exist. Read more here.

How Neal Aronson built Roark Capital into a booming business by buying up dying nostalgia brands like Jamba Juice and Arby’s

roark capitol org chart 4x3

Neal Aronson founded Roark Capital in 2001, and the PE firm has acquired 90 brands that have 63,000 locations and account for $54 billion in system revenues. See more here

BlackRock, the world’s largest asset manager, is hiring for 685 jobs right now. Here’s how to land one, according to their head of talent.


Toretha McGuire, BlackRock’s talent acquisition lead, shares her advice on how to get a job at the world’s largest asset manager. Get the full rundown here.

Odd lots:

The 20th Annual Rich List, the Definitive Ranking of What Hedge Fund Managers Earned in 2020 (Institutional Investor)

Restaurant-Software Provider Toast Prepares for IPO (WSJ)

Goldman Sachs says these are the top 15 SPACs hedge funds are betting on right now, as roughly 5 go public each trading day (BI)

Texas Blackout Boosts Australian Bank by Up to $215 Million (WSJ)

People’s United jumps 14% after M&T agrees to buy the regional bank for $7.6 billion (BI)

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Source: businessinsider
BlackRock and Snowflake team up — The PE fast-food king — SPACs hedge funds love