Restructuring__

Breaking: JPMorgan Starts Program to Monitor Junior Banker Hours "The program will monitor the weekly digital footprint, including video calls, desktop keystrokes, and scheduled meetings, the Financial Times reported earlier, adding JPMorgan plans to roll out the effort more widely across its investment bank"

@jack_watson_hfw it is

@Restructuring__ This is so cringy

Call me old-fashioned, but I preferred when KKR was buying companies, selling them for parts, and making real money rather than these days when they’re doing cringe videos to appeal to retail investors Private equity golden years are behind us

They do not ring a bell at the top

@ntilikinas hahhaha

@Restructuring__ All buzz words, no results. No wonder BCG / Mckinsey get paid the chedda

@psyduckcapital lol

@45WallSt hahahhahah

@Restructuring__ What is this woke mishigas?

@Pembrokestcap Yes, this is a great point too

@Restructuring__ Private equity is now the minority of what KKR, and many of the largest listed alts, does. but agree with you

@the_P_God What the hell is that photo

“Aren’t you worried AI will take your finance job?” 

“I’m counting on it.”

@VuikoBerkut well said!

@Restructuring__ Finally! someone came out with the tool sensible people need - no recordings, no transcripts, no privacy concerns, no bots, no consents. Just pure high-quality notes. Lawyers and compliance kept at bay. Nirvana!

Introducing Arvo, our first venture investment! Arvo is led by Kunal Valrani. If you have done banking, you know that everyone says they will launch a business, but then 99.9% of people just accept their Mega-Fund PE Associate offer once it knocks on the door (myself included). Kunal did not; he took a risk, bet on himself, and launched Arvo with a strong team, and I deeply admire him for the decision. I am extremely excited to announce that we invested in Arvo’s pre-seed round, and we are sharing the news in conjunction with their official launch. So, what is Arvo? Arvo eliminates the need for bankers and investors to manually take notes on the 40+ hours of weekly calls they’re on. Beyond capturing notes, Arvo logs meetings directly into CRMs, automates post-meeting workflows, and surfaces intelligence ahead of meetings to help teams close more deals. The tool was built alongside Umer Haider, an experienced software engineer, and a team of SEC and cybersecurity experts to ensure proprietary, finance-specific compliance controls. As someone who has wasted way too many hours of my life taking notes, I see the potential and I am very excited to be on the cap table. If you are tired of wasting your life taking notes, book an introductory call, and see how they can help you! What makes Arvo different? Compliance teams are (rightfully) blocking use of AI note-takers. Arvo is the first AI meeting assistant the industry can actually use thanks to their compliance-first approach purpose-built for finance. The team launched in stealth in the fall, and they are already used by 10+ investment banks and private equity firms. This week, they signed the first Mega-Fund with $100bn+ in AUM. Try their product today (arvohq.com) and save time!

@PadraicMcC Thank you for sharing and glad we made the intro!

we are customers and big fans (not paid for this endorsement, to be clear!)

I now understand how electricity is priced better than 99% of people after watching this video 2 minutes well spent, watch this ex-Citadel simply explain the power market

Disclosure, I am an equity investor in Arvo

Team, we need to win this. LFG! You are letting brain rot comments win over us

Exclusive prediction market partner of the MLB Top of the 1st, bases loaded

@MatthewModabber Bring prediction markets to financial restructuring

Try explaining to someone grinding for $80k a year that a firm literally offered 8-figure guarantees, found the person a nanny as a personal favor, and still got turned down. So good.