Private Equity
This refers to the first year a private equity fund calls capital to invest.
Vintage Year
This analyst incorrectly assumed David Solomon's tenure at the Dallas town hall.
Alex Harrington
This year is when the new Dallas office is projected to open.
2028
This is how many rate cuts happened in 2025 and the total basis points reduced.
3, 75bps
This president was just captured from Venezuela and brought to trial in NYC on narco-terrorism charges.
Nicolas Maduro
This trio comprises the three types of private equity funds:
Growth, Buyout, and Venture.
These are the four GS core values that are displayed on our computer's lock screens.
Partnership, Client Service, Integrity, and Excellence
Name two of the three stock exchanges opening doors in Dallas.
(Texas, NYSE, Nasdaq)
This asset class had the highest return in 2025.
Silver
These are three chip makers that do not include Nvidia
Intel, AMD, Qualcomm, Broadcom, Texas Instruments
This describes private equity performance over time, with early negative returns that turn positive as investments mature.
the J-curve
This analyst was briefly sent to the Center of Influence before being returned to Dallas after the CIO realized they couldn’t stand being around them for more than two days.
Griffin Hawthorne
This is why investors consider MLPs to be tax efficient.
They don’t pay corporate income tax; instead, income flows through to partners. Additionally, much of the cash distribution is treated as a return of capital, which defers taxes and lowers current tax liability.
These are the Mag 7 stocks that outperformed the S&P 500 in 2025.
Nvidia, Google
This is Nvidia’s latest and most powerful chip model
Blackwell
What is the difference between IRR and MOIC?
IRR is a time-based rate of return while MOIC is a multiple comparing total value to paid-in capital
This collegiate university has produced the most alumni who are currently analysts in our office.
SMU
This is the main difference between WTI and Brent benchmarks:
WTI is the U.S. benchmark from inland oil fields in Texas and surrounding states, delivered at Cushing, Oklahoma.
Brent is the global benchmark from offshore oil fields in the North Sea between the United Kingdom and Norway.
This was the latest unemployment percentage reported in November.
4.6%
This person is the front-runner to replace Jerome Powell as the next chair of the Federal Reserve.
Kevin Hassett
Describe what a 20% carried interest over an 8% preferred return, with 80% GP catch-up means
The fund must first deliver investors an 8% preferred return before the GP earns carried interest. After that, the GP gets 80% of profits until they “catch up” to a 20% share, and then remaining profits are split 80/20 between LPs and GP
This was Goldman’s first IPO that put the firm on the map in 1906.
Sears
Explain how a Texas client is taxed on munis versus BDA versus treasuries:
Accretion is generally tax-exempt for munis (unless market discount, then taxed as income) and taxable as income for treasuries and corporates.
This was the ending P/E ratio of the S&P 500 in 2025.
~28x
These are the cheaper, efficient Google AI chips that made investors rethink GPU demand, causing Nvidia shares to slip and Alphabet to rise.
TPUs