Latest Interviews
Showing 226–240 of 573 interview transcripts.
Clear all filters- Goldman Sachs28 min
Navigating the ‘perfect storm’ in commercial real estate
Lotfi Karoui, Jeffrey Fine, Allison Nathan, Jeff Fine
Commercial real estate confronts a convergence of record-high interest rates, $1 trillion in impending debt maturities, and a bifurcated asset landscape that is driving a projected "right-sizing" of the sector. Goldman Sachs analysts and industry experts forecast a slow-burn crisis lasting four to five years, characterized by significant equity destruction in office properties and a heavy reliance on distressed small banks, while private credit markets struggle to fill the gap left by a 75% drop in CMBS issuance. Although a systemic 2008-style collapse is deemed unlikely due to tighter underwriting standards, the lack of an organized public-private partnership raises concerns about a messy unwind of distressed assets that could further erode valuations over the next 24 months.
- Goldman Sachs21 min
What’s on the minds of the world’s largest investors?
Mike Siegel, Matt Armas, Allison Nathan
At the Goldman Sachs 12th Annual Insurer Survey, speakers Mike Siegel and Matt Armas analyzed the financial strategies of 343 global insurers managing over $13 trillion in assets. Respondents are navigating economic volatility by shifting allocations toward higher-quality long-dated fixed income while leveraging the sector's structural stability to fill lending gaps left by retreating banks. This strategic pivot aims to capitalize on rising interest rates for improved solvency and higher consumer returns despite lingering concerns over inflation and potential recessions.
- Goldman Sachs29 min
Samarth Kulkarni, CEO, CRISPR Therapeutics
Samarth Kulkarni, Dr. Sam Kulkarni
Dr. Sam Kulkarni of CRISPR Therapeutics outlines a pivotal industry shift where the convergence of delivery systems and genome-editing technology enables a transition from chronic symptom management to one-time curative procedures for rare and common diseases. By leveraging a highly specific RNA passcode to mitigate off-target risks, the company is advancing both ex vivo and in vivo therapies, successfully treating blood disorders while expanding into metabolic conditions and sustainable agriculture. This strategic execution has allowed CRISPR Therapeutics to raise $3.5 billion and maintain an aggressive R&D focus despite a broader biotech market correction, positioning the firm to deliver the first wave of permanent genetic cures within the next decade.
- Goldman Sachs35 min
Bain Capital’s Stephen Pagliuca on private equity and the Boston Celtics
Steve Pelyuka, former Co-Chair of Bain Capital, traces the evolution of private equity from a localized boutique to a global vertical industry while detailing his strategic pivots in the Boston Celtics and Atalanta BC ownership. He outlines how modern investment resilience relies on high equity stakes, low-covenant lending, and a decade-long horizon to navigate elevated interest rates and geopolitical decoupling. Complementing these financial insights, Pelyuka emphasizes the critical role of A-plus management teams and data-driven analytics, citing his work on the Celtics' "Basketball Intelligence Agency" and the firm's enduring focus on healthcare and AI sectors.
- Goldman Sachs28 min
Navigating the new geopolitical and technology landscape
George Lee, Jared Cohen, Allison Nathan
High geopolitical uncertainty and the rise of "swing states" are forcing a shift from broad regional strategies to country-specific tactics as nations leverage distinct advantages in technology and supply chains. With geopolitical drivers now overpowering traditional economic interests, major powers are engaging in asymmetric competition over critical technologies like semiconductors and AI, creating an "impedance mismatch" between slow government regulation and rapid technological evolution. To navigate this landscape, leaders must integrate deep geopolitical analysis with commercial insights to mitigate risks and capitalize on the emerging "geocommercial" opportunities across these fragmented global markets.
- Goldman Sachs27 min
Michael Horvath, CEO and Co-Founder of Strava
Strava CEO Michael Horvath and co-founder Mark Gainey transformed a rejected 1994 concept into the world's largest human movement database, now serving over 100 million users across 50 sports. Since Horvath's 2019 return to lead a strategic pivot toward subscription revenue, the platform has more than tripled its paying subscribers and doubled its community size. Leveraging this data, the company now drives public infrastructure improvements through its Strava Metro tool while positioning itself as the central hub for the convergence of healthcare, wellness, and fitness.
- Goldman Sachs29 min
How much higher can bond yields go?
Rick Rieder, Praveen Korapaty, Alison Nathan, Praveen Kaurapati
BlackRock's Rick Reeder and Goldman Sachs analysts project the Federal Reserve has peaked with rates likely to stay elevated to protect millions of jobs while inflation remains sticky. Global central banks are diverging as the Bank of Japan adjusts its yield curve control and the ECB hikes toward 4%, prompting investors to favor European assets and high-yielding short-duration cash over U.S. credit. This strategic shift aims to capture over 5% annualized returns on the front end of the yield curve while navigating a structurally higher neutral rate environment.
- Goldman Sachs25 min
Jimmy Chin, Mountain Athlete, Photographer, Filmmaker
Jimmy Chin, an Oscar-winning filmmaker and elite mountaineer, explores the ethical complexities of documenting extreme climbing while sharing insights from his survival of a massive avalanche and his seven years living in a car in Yosemite. Through his work capturing Alex Honnold's free solo ascent, Chin established a guiding principle that prioritizes the safety of the athlete over production demands, treating his role as a friend rather than just a director. He further details how high-altitude alpinism relies on embracing failure to refine strategy, utilizing the mantra "slow is fast" to manage fear and make rational decisions in life-threatening situations.
- Goldman Sachs27 min
Marc Rowan, CEO and Co-Founder of Apollo Global Management
Apollo Global Management, led by CEO Mark Rowan, leverages its $550 billion in assets across retirement services and alternative investments to pursue a 2026 goal of reaching one trillion in capital by exploiting liquidity gaps and bank disintermediation. While the firm has paused new acquisitions to prioritize operational efficiency and digital transformation, it continues expanding its workforce to support a strategy that aligns incentives through significant ownership stakes in portfolio companies. This approach targets structural market shifts toward indexation and fintech disruption, aiming to cultivate a leadership culture grounded in judgment and organizational momentum to attract top talent.
- Goldman Sachs25 min
Is it time to invest in emerging markets?
Kay Haigh, Hiren Dasani, Alison Nathan
Despite projected tepid headline earnings growth, emerging market equities are poised for a recovery driven by structural gains in non-commodity sectors and a faster-than-anticipated Chinese economic reopening. This optimism is bolstered by resilient fundamentals in markets like India and Mexico, which offer double-digit earnings growth forecasts alongside attractive valuations trading at a significant discount to U.S. counterparts. While sovereign debt risks persist in fiscally weak nations like Ghana and Zambia, investment strategies are shifting toward high-quality corporate debt and equity leaders in consumer, financial, and technology sectors benefiting from stabilizing liquidity conditions.
- Goldman Sachs24 min
Goldman Sachs CEO David Solomon on the economy, markets and the firm's performance
Goldman Sachs CEO David Solomon and economists reassess the 2023 macroeconomic outlook as a soft landing becomes more probable, citing stickier inflation and cautious CEO sentiment amid geopolitical and cyber risks. The firm reported a 10.2% return on equity for 2022, driven by strategic reorganizations that merged banking and asset management divisions to enhance market share and target $10 billion in fees by 2024. Looking ahead, leadership emphasizes a shift toward multi-year resilience and long-term growth in artificial intelligence and clean energy, with key financial details slated for an investor day on February 28, 2023.
- Goldman Sachs31 min
Are we on the cusp of a generative AI revolution?
Eric Sheridan, Kash Rangan, Allison Nathan
Goldman Sachs experts predict a rapid 12 to 18-month acceleration in consumer-facing generative AI, shifting technology from predictive forecasting to autonomous content creation that drives enterprise productivity and labor market transformation. This evolution will consolidate market power among established cloud infrastructure giants while redefining search and software interfaces through conversational models and automated workflows across supply chain management and creative sectors. Although high development barriers and ethical safeguards will shape the landscape, the sector is projected to expand its global economic share by replacing traditional information retrieval with actionable, natural-language solutions that augment rather than solely replace human labor.
- Goldman Sachs36 min
Emma Grede, CEO and Co-founder of Good American with Kim Posnett
Emma Greed leverages early-career naivety and a customer-centric strategy to co-found Good American and Skims, successfully filling a $10 billion market gap for inclusively sized apparel while prioritizing rigorous product quality over celebrity endorsements. As Chairwoman of the 15% Pledge, she mandates non-negotiable diversity across operations and supply chains, generating billions in opportunity for Black-owned businesses and driving record-breaking revenues like Skims' $100 million in six months. Greed's leadership philosophy rejects traditional work-life balance in favor of immediate community feedback and a resilient board structure, ensuring that corporate citizenship and inclusive sizing remain central to long-term brand survival.
- Goldman Sachs36 min
Why investors are leaning into alternatives: Apollo’s Marc Rowan
Apollo Global Management CEO Mark Rowan details the firm's strategic integration with its subsidiary Athene, a move that created the world's largest retirement services business and positioned Apollo to double its investment-grade credit business within five years. Facing a structural shift where institutional investors supply over 80% of debt capital, the firm is scaling capacity to replace waning bank liquidity while targeting $1 trillion in assets under management by 2026. This transition is driven by a culture of intellectual insubordination and deep mentorship, aiming to capture returns in alternative asset classes that are becoming increasingly dominant as public market alpha diminishes.
- Goldman Sachs24 min
A Conversation With Will Ahmed, Founder and CEO of WHOOP
Founded by Will Ahmed at Harvard's Innovation Labs, Whoop utilizes a wearable sensor capturing up to 1,000 times more physiological data than competitors to generate recovery scores that track metrics like heart rate variability and sleep quality. This continuous monitoring has enabled medical breakthroughs in predicting preterm birth and detecting COVID-19 infections before symptoms appear, while the company's subscription model and endorsement-free strategy secured adoption by elite athletes such as LeBron James. By shifting healthcare from a curative to a preventative model, the technology now guides users toward lifestyle improvements and has facilitated life-saving interventions for conditions like heart attacks through early anomaly detection.