Palantir CEO Alex Karp's Claim: A Job at Palantir is the Best Credential in Tech

Palantir CEO Alex Karp boasts that a job at the company is the "best credential in tech." Recruiters agree, citing Palantirians' success as founders and startups, with over $30 billion raised at an average valuation of almost $800 million per company. However, some recruiters prioritize candidates' skills and experience over their Palantir background.

Pacer ETFs, a leading provider of exchange-traded funds (ETFs) with a focus on rules-based investment strategies, has reached a significant milestone. As of November 14, 2023, the firm has amassed $30 billion in assets under management (AUM) [1].

This achievement, just four months after the firm surpassed $25 billion in AUM, reflects a remarkable growth trajectory. The firm's rapid asset accumulation of $5 billion inflows since July underscores its resilience and appeal, particularly in a market that has been largely sideways in the second half of the year [1].

Pacer's success is driven by its commitment to high-quality fund solutions tailored to support advisors and help achieve their clients' investment goals. The firm's largest and most successful ETF fund family, the Pacer Cash Cows Index® ETF Series, continues to be a primary driver of growth. The Pacer US Cash Cows 100 ETF (COWZ), for instance, has grown to over $16 billion, contributing significantly to the overall AUM [1].

The growth of Pacer's ETFs is evident across various fund families. The Pacer US Cash Cows 100 ETF (COWZ) saw a 57.99% increase in AUM, while the Pacer Global Cash Cows Dividend ETF (GCOW) experienced a 77.50% growth. Other notable ETFs, such as the Pacer Developed Markets International Cash Cows 100 ETF (ICOW) and the Pacer US Small Cap Cash Cows 100 ETF (CALF), also demonstrated substantial growth, with increases of 303.02% and 229.62% respectively [1].

Pacer's dedication to strategy-focused, rules-based ETFs has positioned the firm as an agile industry player. The company's ability to attract significant inflows across all its fund families over the past year is a testament to its innovative investment solutions and client-centric approach [1].

References:
[1] https://www.businesswire.com/news/home/20231116678696/en/Pacer-ETFs-Surpasses-%2430-Billion-in-Assets-Under-Management