Day: October 7, 2025
Getty Images; Alyssa Powell/BI
- Rising Stars of Wall Street are forging unique paths in finance.
- The group includes 25 individuals with diverse educational backgrounds and career starts.
- Take a look at our breakdown of this year’s class.
Business Insider’s 2025 Rising Stars of Wall Street represent some of the hottest careers in investing, trading, and dealmaking.
In an effort to show what the next generation of Wall Street looks like, we analyzed where this year’s class went to college, how they launched their careers, and other key trends that demonstrate what it takes to work in finance.
Here is your snapshot of 25 up-and-comers who are shaping the future of Wall Street.
Meet the class
- Nine work on the sell side at investment banks, while 16 are on the buy side.
- The average age is 33, and just three are under 30.
Where they went to school
- The class hails from a mix of 19 elite institutions for their undergraduate years, including large research universities, top business schools, and selective liberal-arts colleges.
- Five attended Ivy League schools for undergrad, with four graduates from the Wharton School of the University of Pennsylvania.
- Five hold MBAs, including two from Harvard Business School, two from NYU Stern, and one from Cornell University.
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At least three participated in college-level athletics: Goldman Sachs trader Jake Woodson was a varsity football player at the University of British Columbia, Morgan Stanley’s Jackie Shepherd was a two-time captain of the women’s golf team at the University of Minnesota, and JPMorgan M&A banker Jack Levendoski was on the rowing team at Lehigh University.
Their path
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Thirteen began their careers in investment banking.
- 4 at Citi
- 2 each from Goldman and JPMorgan
- Others cut their teeth at Rothschild, Bank of America, Wells Fargo, Jefferies, and Moelis & Company
- Of those, eight are now working on the buy side โ seven in private equity or credit.
- One moved from the buy side to the sell side.
- Seven transitioned into finance after starting their careers in other fields. For example, Lamar Cardinez, a principal at Blue Owl Capital, initially started in a rotational program at the National Football League, and JPMorgan M&A banker Jack Levendoski worked at Chevron for a few years before switching to banking.
Fun facts
- Natalie Lamberton, a GTCR director, and Mary-Grace Papatheodorou, a managing director at Morgan Stanley, became first-time mothers this year.
- Lamberton was a Radio Disney DJ in middle and high school.
- Bridgewater’s Nikunj Jain did graduate-level machine learning research after graduating undergrad in 2.5 years.
- Madelaine O’Connell, a managing director at HPS, taught fitness classes at 6 a.m. before heading to her investment banking job.
- Janus Henderson portfolio manager Jessica Shill’s dog is named after Minerva McGonagall from the “Harry Potter” series.
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Advent International’s Arting Chang is a proud collector of 50-plus statement blazers.
Breakdown of titles
- 8 managing directors
- 5 principals
- 3 vice presidents
- 3 portfolio managers
- 2 executive directors
- 1 director
This data is drawn from reporting by: Alex Morrell, Alex Nicoll, Alice Tecotzky, Bradley Saacks, Daniel Geiger, Emmalyse Brownstein, Rebecca Torrence, and Reed Alexander
#CIA
AI companyย #OpenAI has secured significant deals for computing power, reportedly totaling $1 trillionThis massive investment is driven by the company’s aggressive strategy, led by CEOย #SamAltman, to secure the vast computing resources needed to build advanced artificial intelligence and win the “superintelligence” race.
News reports from October 2025 confirm that OpenAI has secured commitments for computing power potentially worth $1 trillion, though this figure represents the estimated cost of the infrastructure rather than a single cash deal
Key components of the deals
Chip manufacturing and delivery: OpenAI has signed multi-billion dollar agreements with top chipmakers AMD and Nvidia. In a deal announced in October 2025, AMD will supply OpenAI with up to 6 gigawatts of its Instinct AI GPUs. An earlier deal with Nvidia in September 2025 committed Nvidia to delivering 10 gigawatts of hardware.
Datacenter projects: These deals are part of a larger infrastructure project called “Stargate,” which involves building a series of massive datacenters across the United States and abroad.Some of these datacenters are already under construction, including a flagship site in Abilene, Texas.
Other confirmed locations include sites in Lordstown, Ohio, and Milam County, Texas.Financing structure: The deals have unusual and complex financing arrangements, leading to concerns about a possible “AI bubble”.Circular investments: Some deals involve complex arrangements where funding appears to flow in a circle among partner companies. For instance, reports indicate a $100 billion investment from Nvidia into OpenAI, which OpenAI will then use to purchase Nvidia chips.
Equity incentives: OpenAI’s agreement with AMD includes warrants that could give the company up to a 10% stake in AMD if specific chip deployment milestones are met.
Financial partners: Cloud company Oracle and Japanese conglomerate SoftBank have been named as partners in funding and building the Stargate datacenters.Industry impact and analyst reaction
Race for AI dominance: OpenAI’s infrastructure commitment significantly exceeds that of rivals like Anthropic, highlighting the company’s “all-in” strategy.
Strain on resources: The deals place immense pressure on the supply chain for components, energy grids, and water resources required for these massive datacenters.
Bubble fears: Wall Street analysts and financial experts have expressed concerns over the circular financing and massive capital outlays, drawing comparisons to the dot-com bubble of the late 1990s.
Market validation: The deals represent a major endorsement of AMD’s AI chip efforts and pose the biggest challenge yet to Nvidia’s market dominance.share.google/aimode/2QrEHhqwโฆ
โ Michael Novakhov (@mikenov) Oct 7, 2025
Is Hungary a TurKic state? – Google Searchย google.com/search?q=Is+Hungaโฆ
โ Michael Novakhov (@mikenov) Oct 7, 2025
Organization of Turkic States and its meeting in Gabala in 2025: analysis and significance
The 12th summit of the Organization of Turkic States (OTS) in Gabala, Azerbaijan, marked a significant step in the organization’s evolution from a cultural platform to a more politically and economically coordinated bloc. The meeting’s theme, “Regional Peace and Security,” focused on enhancing military cooperation, strengthening transport links, and expanding economic initiatives. [1, 2, 3, 4, 5]ย
Key outcomes and analysis โข Growing geopolitical assertiveness: Azerbaijan’s President Ilham Aliyev proposed holding joint military drills in 2026, a move analysts say signals the OTS’s growing ambition to become a more coordinated geopolitical force. Turkish President Erdoฤan also emphasized a stronger role for the organization in regional security, highlighting a united front against international instability.
โข Focus on connectivity and transport: A major priority of the summit was strengthening transport and logistics links. Discussions highlighted the importance of the Zangezur Corridor and the Middle Corridor, which connect Central Asia and Europe through the Caucasus and Turkey, potentially offering an alternative to Russian-controlled routes. Azerbaijan also promoted a “green energy corridor” to export renewables to Europe.
โข Expansion of economic ties: The Gabala Declaration, signed by the leaders, established a new “OTS Plus” platform to engage with non-member countries. Other economic initiatives included strengthening financial cooperation, leveraging the Turkic Investment Fund, and coordinating digital and investment projects. The summit also saw the formal granting of observer status to Turkmenistan at the Turkic Academy and the Turkic Culture and Heritage Foundation.
โข Mixed signals on integration: While the summit emphasized greater coordination, the lack of new binding agreements suggests the OTS remains more of a platform for policy signaling than a driver of coordinated foreign policy. The varying external alignments of member states with powers like NATO and Russia may continue to limit the pace of deeper integration. [3, 4, 6, 7, 8, 9, 10, 11, 12, 13]ยBroader significance โข Enhanced influence for Azerbaijan: By hosting the summit and assuming the chairmanship from Kyrgyzstan, Azerbaijan elevated its leadership role within the OTS. The event also allowed Azerbaijan to champion its peace deal with Armenia and promote its transport and energy projects.
โข Central Asia’s cautious role: While Kazakhstan and Uzbekistan participated actively, their “multivector diplomacy” and alignment with Russian-led security groups signal a more cautious approach to military integration compared to Turkey and Azerbaijan.
โข Expansion of the Turkic world’s institutional framework: The summit further institutionalized the OTS’s cooperation across a wide range of sectors, including culture, defense, and finance, advancing the goal of creating a stronger and more visible Turkic bloc.
โข Response to international challenges: Against the backdrop of global and regional security challenges, the summit served as a public display of solidarity and cooperation among Turkic nations. Members framed the organization as a resilient and functional alternative to international institutions perceived as dysfunctional. [3, 7, 8, 11, 14, 15, 16, 17]ยAI responses may include mistakes.
[1]ย azernews.az/analysis/248491.โฆ
[2]ย aa.com.tr/en/asia-pacific/kaโฆ
[3]ย worldview.stratfor.com/situaโฆ
[4]ย qazinform.com/news/what-willโฆ
[5]ย caliber.az/en/post/organisatโฆ
[6]ย azernews.az/nation/248480.htโฆ
[7]ย en.apa.az/foreign-policy/gabโฆ
[8]ย turkiyetoday.com/nation/turkโฆ
[9]ย instagram.com/p/DPg6DevDC2f/
[10]ย turkiyetoday.com/nation/turkโฆ
[11]ย en.kabar.kg/news/from-bishkeโฆ
[12]ย instagram.com/reel/DPg2o8OiTโฆ
[13]ย worldview.stratfor.com/situaโฆ
[14]ย qna.org.qa/en/News-Area/Newsโฆ
[15]ย aa.com.tr/en/world/kyrgyzstaโฆ
[16]ย azernews.az/analysis/248491.โฆ
[17]ย aa.com.tr/en/opinion/opinionโฆ– Google Searchย google.com/search?q=Organizaโฆ
โ Michael Novakhov (@mikenov) Oct 7, 2025
Azerbaijan: Aliyev Calls for Joint Military Drills Under the Organization of Turkic Statesย worldview.stratfor.com/situaโฆ
โ Michael Novakhov (@mikenov) Oct 7, 2025
#FBI surveilled the USย #politiciansย #ROUTINELY, regardless what party is the ruling administration.
While some specific instances of FBI surveillance of U.S. politicians have come to light, the claim that the FBI routinely surveils politicians of all parties is not substantiated. The FBI operates under a strict legal framework designed to prevent unwarranted spying on American citizens, including elected officials. However, reports from oversight bodies, watchdog groups, and news organizations have documented instances of improper use of surveillance tools. [1, 2, 3, 4, 5, 6, 7]ย
Improper use of surveillance authority โข Section 702 abuses: FBI agents have been found to have conducted unauthorized “backdoor” searches of a massive database collected under Section 702 of the Foreign Intelligence Surveillance Act (FISA). The searches were intended for foreign intelligence but improperly queried information on U.S. citizens, including at least one member of Congress.
โข Widespread violations: The Foreign Intelligence Surveillance Court (FISC) has acknowledged “persistent and widespread” violations by the FBI regarding its own rules for querying the Section 702 database. In one case, an FBI analyst queried the database using the name of a U.S. senator.
โข Targeting of political groups: Oversight reports and internal files have shown that the FBI’s election-related investigations, under administrations of both parties, have at times targeted Republican-aligned groups in an overbroad manner. For example, the “Arctic Frost” probe was revealed to have swept up nearly 100 Republican entities in 2022. [1, 3, 4, 6, 8, 9, 10, 11]ยHistorical context โข J. Edgar Hoover era: Under former FBI Director J. Edgar Hoover, the bureau engaged in systematic and politically-motivated surveillance of American public figures and organizations, including Dr. Martin Luther King Jr., members of Congress, and Supreme Court justices.
โข The Church Committee: In the 1970s, the Senate’s Church Committee exposed these intelligence abuses, leading to reforms intended to prevent such targeting in the future. [12, 13, 14, 15, 16]ยModern legal safeguards and ongoing issues โข Legal framework: Today, the FBI is required to show cause to the FISC to obtain a warrant to surveil an American citizen suspected of being a “foreign power or agent of a foreign power,” rather than for general criminal purposes. This is intended to prevent routine surveillance of Americans, including politicians.
โข Congressional oversight and reform: There is an ongoing debate in Congress over reforming surveillance laws like Section 702 to add more safeguards for Americans’ privacy. This includes adding a warrant requirement to prevent the “backdoor” searching of U.S. person data.
โข Calls for accountability: Critics from both sides of the political aisle point to improper searches as a sign of institutional problems at the bureau and a need for greater accountability. The FBI and Department of Justice have implemented corrective actions and internal reforms to prevent improper use of surveillance tools. [6, 7, 11, 13, 17, 18, 19]ยAI responses may include mistakes.
[1]ย judiciary.senate.gov/press/rโฆ
[2]ย pbs.org/newshour/politics/deโฆ
[3]ย aclu.org/news/national-securโฆ
[4]ย washingtonpost.com/national-โฆ
[5]ย aclu.org/news/national-securโฆ
[6]ย politico.com/news/2023/07/21โฆ
[7]ย bja.ojp.gov/program/it/privaโฆ
[8]ย judiciary.house.gov/media/prโฆ
[9]ย rollcall.com/2023/07/24/fbi-โฆ
[10]ย brennancenter.org/our-work/aโฆ
[11]ย brennancenter.org/our-work/aโฆ
[12]ย intelligence.senate.gov/wp-cโฆ
[13]ย congress.gov/118/meeting/houโฆ
[14]ย aclu.org/sites/default/filesโฆ
[15]ย en.wikipedia.org/wiki/Mass_sโฆ
[16]ย brennancenter.org/media/197/โฆ
[17]ย brennancenter.org/our-work/aโฆ
[18]ย aclu.org/press-releases/congโฆ
[19]ย pbs.org/newshour/politics/seโฆ– Google Searchย google.com/search?q=FBI+survโฆ
Pic.:
Q & A: US Warrantless Surveillance Under Section 702 of the Foreign Intelligence Surveillance Actย …โ Michael Novakhov (@mikenov) Oct 7, 2025