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Blackstone Lays Groundwork for Third Long-Term Buyout Fund

Blackstone Inc. has begun preparing to raise money for the third iteration of its private equity fund that holds assets for longer than its typical investments.

By Preeti Singh

Goldman Says Bank’s ‘Human Assembly Lines’ Face Automation

Goldman Sachs Group Inc.’s use of artificial intelligence is helping the bank scale up without requiring much more hiring, according to President and Chief Operating Officer John Waldron.

Matt Levine’s Money Stuff: EBay Won’t Play With GameStop

Matt Levine discusses the issues with GameStop’s bid to buy eBay, futures for computing power, Buzzfeed and Byron Allen, transfer restrictions on private shares and forward contracts, and what if AI takes over the ‘looking busy’ part of work.

Warsh Confirmed to Fed Board, Still Awaiting Vote on Chair Post

The Senate confirmed Kevin Warsh’s nomination to the Federal Reserve Board of Governors Tuesday, with the chamber expected to confirm him separately as chair later this week.

Akin Employs Four Sidley Private Equity Partners in NY, London

Gerald Brant, Jeffrey Kochian, Brittany Harrison and Jonathon Hamill joined Akin as partners in its private equity practice in New York and London, the firm announced Tuesday.

Barnes & Thornburg Nabs Insurance Recovery Partner Balice in LA

Joseph Balice joined Barnes & Thornburg as a partner in its insurance recovery practice in Los Angeles, the firm announced Tuesday.

Baker McKenzie Recruits Cybersecurity Partner Hanniford in DC

Katherine Hanniford joined Baker McKenzie as a partner in its data & cyber practice in Washington, DC, the firm announced Tuesday.

Squire Patton Boggs Expands DC Public Policy With Treasury Hire

Anna Morris joined Squire Patton Boggs as a principal in its global public policy practice group in Washington, the firm announced Tuesday.

House GOP to Huddle on Housing After Trump Endorses Senate Bill

A group of House Republicans will meet Tuesday evening to discuss their next steps on a major housing bill after President Donald Trump endorsed the Senate’s version yesterday.

Proskauer Brings On Private Funds Partner Frankel in New York

Josh Frankel joined Proskauer as a partner in its Private Funds Group and Secondary Transactions and Liquidity Solutions practice in New York, the firm announced Tuesday.