Inside Jason Karp's decision to exit finance to get into healthy snacks

Good morning and welcome to Insider Finance. I’m Dan DeFrancesco, and here’s what’s on the agenda today:

  • Inside Jason Karp’s transition from hedge-fund superstar to building a health food empire.  
  • Breaking down all the recent dealmaker moves in the red-hot world of healthcare banking. 
  • A new lawsuit filed against former Apollo CEO Leon Black accuses him of rape. 

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Like the newsletter? Hate the newsletter? Feel free to drop me a line at [email protected] or on Twitter @DanDeFrancesco. 

Hedge-fund superstar Jason Karp says a radical diet change saved his eyesight. Now he’s building a health food empire — and he’s using the same data-driven approach that made him an investing genius.

After managing billions as the founder of the hedge fund Tourbillon, Jason Karp left it all behind to get into a totally different business: building healthy food brands.

Here’s what pushed him into a career change.

From JPMorgan to SVB Leerink, here’s who’s poaching senior healthcare bankers amid a red-hot market for deals

With healthcare investment bankers in high demand, Insider has been tracking all of the big moves in the space. These are the latest moves.

A woman is suing former Apollo CEO Leon Black, saying he raped her, paid her $1 million, and falsely accused her of extortion

Guzel Ganieva, a model and aspiring lawyer, says former Apollo CEO Leon Black raped her. Here’s what else she accused Black of in a new lawsuit.

SoFi shares are up 12% in their first day of trading. Here’s the inside scoop from CEO Anthony Noto on why a SPAC made sense for the fintech.

SoFi’s CEO details why Tuesday’s debut on the public markets caps the end of a more than three-year journey for the executive. Here’s what else he said.

I manage money for ultra-high net worth clients and experienced burnout early in my career. Here are 4 things I did to recover and improve my quality of life.

Briton Hill suffered from burnout — caused by extreme work hours and clients’ boundless accessibility to him — that left him depressed and unhealthy. This is his advice for managing a high-pressure lifestyle.

Odd lots:

The Pied Piper of SPACs (New Yorker)

Robinhood Adds New Board Members to Advance IPO Push (WSJ)

Wall Street’s Spac gravy train hits the buffers (Financial Times)

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