Latest Interviews
Showing 256–270 of 573 interview transcripts.
Clear all filters- Goldman Sachs25 min
China’s Congress: an inflection point?
Susan Shirk, David Li, Hui Shan, Allison Nathan
The 20th National Party Congress of the Chinese Communist Party is expected to solidify President Xi Jinping's third term as General Secretary, shifting China away from collective leadership toward a personalized concentration of authority. Expert analysis regarding the event's economic and geopolitical outcomes presents a divergence: while Goldman Sachs predicts the continuation of strict pandemic controls and structural policies that suppress long-term growth, Tsinghua Professor David Lee anticipates a necessary reprioritization of economic growth to ensure social stability. Concurrently, analysts warn that although Xi may harbor ambitions to resolve the Taiwan issue, the catastrophic risk to his leadership and the cautionary context of the Ukraine war currently act as significant deterrents to military action.
- Goldman Sachs21 min
Scott Kapnick, Founder & CEO of HPS Investment Partners, LLC
Goldman Sachs veteran Scott Kaepernick discusses the convergence of geopolitical realignment and private credit expansion, identifying Europe's energy transition as a primary driver for capital deployment into supply chain resiliency. At HPS, the firm leverages this environment to execute billion-dollar transactions in the non-sponsor market, positioning itself to fill the vacuum left by post-2008 banking regulations while maintaining strict downside protection against recessionary risks. Beyond market strategy, Kaepernick outlines HPS's institutional culture, which prioritizes the Stockdale Paradox in leadership, substantial diversity initiatives like the Howard University partnership, and long-term mentorship to guide the next generation of financial leaders.
- Goldman Sachs33 min
Fernando Garcia, Co-Creative Director of Oscar de la Renta & Founder/Creative Director of Monse
Former Oscar de la Renta principal designer Fernando Garcia and partner Laura Fernández founded the gender-neutral label Monse in 2016, leveraging a deconstructed aesthetic and social media strategy to fill a market void before García returned to Oscar de la Renta as co-creative director while retaining ownership of his separate brand. Since the 2014 announcement of his departure, the duo has cultivated a global clientele through a hybrid business model that balances 50% commercial safety with experimental risk, notably driving high-profile celebrity moments like Billie Eilish's viral Met Gala appearance. Their current approach prioritizes cultural adaptability and organic creative evolution, using a melting pot of diverse influences to disrupt traditional luxury norms and guide the brand's shift toward braver, individualistic dressing in the post-pandemic era.
- Goldman Sachs28 min
How Inflation, Rates and Recession Are Reshaping the Real Estate Market
Jeff Fine, Nora Creedon, Allison Nathan
Goldman Sachs identifies a structural shift in real estate where post-pandemic inflation and tighter credit markets have dismantled the asset class's historical role as a universal hedge, necessitating a move toward selective investment in sectors like residential and logistics. While public market REITs face significant dislocations from rising rates and recession fears, the firm highlights opportunities in private distressed assets and evergreen capital structures that leverage specific regional inefficiencies. The outlook for the coming decade demands a departure from broad market exposure, favoring assets with strong pricing power and limited supply constraints over traditional growth cycles.
- Goldman Sachs43 min
Cliff Asness, Founder, Managing Principal, and Chief Investment Officer of AQR Capital Management
Cliff Asness, Sharmeen Mosavar Ramani
AQR Capital Management applies an "applied academia" framework to quantify investment returns, leveraging factors like value and momentum to explain historical outperformance and structuring portfolios to align with client risk tolerance rather than traditional hedge fund fee models. Managing significant volatility through co-designed products, the firm recently capitalized on a resurgence in value trends while warning that these premium returns may normalize over the next two to three years. Founder Cliff Asness anticipates a long-term consolidation in active management but maintains that human error is essential for market efficiency, advising professionals to prioritize intrinsic interest over cyclical industry trends.
- Goldman Sachs36 min
Ian Bremmer, President of the Eurasia Group and Author of “The Power of Crisis”
Global strategist Ian Bremmer argues that the Russia-Ukraine war and climate change serve as "Goldilocks" crises that compel international cooperation to rebuild 21st-century institutions. He contends that while Russia faces absolute isolation and economic collapse following its strategic failures, China remains a pragmatic competitor rather than an ideological ally, with a full-scale invasion of Taiwan deemed unlikely in the near term. By addressing these four critical threats, Bremmer posits that the world can leverage existential risks to forge new alliances and overcome the dysfunction of the current GZERO order.
- Goldman Sachs22 min
Why We’re In a ‘Golden Age’ of Life Sciences Innovation
With the life sciences sector valued at over $2 trillion and projected to surpass $5 trillion through innovations like mRNA and cell therapy, analysts Allison Nathan and Amit Sinha characterize the current climate as a golden era driven by advanced genetic tools and supportive regulation. Despite a decade-long market correction caused by unsustainable capital surges and increased clinical trial failures, the industry is adapting by shifting toward private capital scaling and downstream investments in companies with experienced management. This structural evolution aims to sustain the development of critical breakthroughs, such as gene therapies for spinal muscular atrophy and immunotherapies for rectal cancer, while navigating complex supply chain and biological challenges.
- Goldman Sachs29 min
Lord Simon Woolley, Co-Founder, Operation Black Vote
Lord Simon Woolley, Ian Drayton
Hosted by Goldman Sachs' Ian Drayton, Lord Simon Woolley discusses his journey from a Windrush-generation upbringing to founding Operation Black Vote, where he pioneered a non-partisan strategy to mobilize 20,000 minority voters and force political parties to address racial justice. The conversation details how this approach secured legislative influence in the 1997 election and created a leadership pipeline that includes Mayors and ministers, while critically examining institutional exclusion in elite education. Woolley concludes by challenging the next generation to embrace their heritage and demand success, framing representation as a necessary foundation for drawing others into positions of power.
- Goldman Sachs42 min
Zak Brown, CEO of McLaren Racing and Lando Norris, McLaren Formula 1 Driver
Zak Brown, Lando Norris, David
Goldman Sachs and McLaren Racing have announced a strategic partnership to accelerate the team's transition to net zero by 2040, targeting 40% diversity, equity, and inclusion representation in the workplace by 2030. Building on this sustainability framework, McLaren is navigating significant 2022 regulatory changes and infrastructure upgrades to support its competitive glide path toward race victories, led by drivers like Lando Norris who are adapting to new ground-effect car dynamics. Simultaneously, the organization is expanding its motorsport portfolio into Formula E and Extreme E while leveraging global popularity gains from the Netflix series *Drive to Survive* to drive cultural impact and technical innovation in both racing and road vehicles.
- Goldman Sachs21 min
Investing with Oaktree Capital Management’s Howard Marks
Howard Marks, Katie Koch, Alison Nathan
Howard Marks characterizes the mid-2022 market environment as a corrected balance where significant public equity markdowns have created attractively valued opportunities absent from private markets. Rejecting macroeconomic forecasts, Marks outlines Oaktree's crisis strategy of deploying capital when others retreat, a methodology built on historical conditioning and the principle that price matters more than asset quality. His 35-year partnership with Bruce Karsh further reinforces this discipline through complementary governance, ensuring joint conviction remains high during market dislocations.
- Goldman Sachs35 min
Candace Parker, WNBA Champion
Candace Parker, a two-time WNBA champion and Olympic gold medalist, leverages her status as a *Time* 100 Most Influential Person and TNT analyst to advocate for systemic equity in women's sports. She challenges historical barriers regarding motherhood, LGBTQ+ visibility, and racial justice while promoting business strategies that emphasize visibility and leadership to bridge financial gaps in the league. Looking ahead, Parker intends to deepen her impact as an owner and media mogul, using her production company to amplify diverse voices and drive lasting structural change.
- Goldman Sachs33 min
How Companies are Navigating the Energy Transition
Giulia Chierchia, Michele Della Vigna, Alison Nathan
Amidst a historic energy investment shortfall and geopolitical disruption from Russia's invasion of Ukraine, major integrated oil companies like BP are pivoting to balance decarbonization targets with energy security. BP aims to reduce its hydrocarbon portfolio by 40% by 2030 while investing billions in green hydrogen and renewable assets to reach net-zero emissions, viewing natural gas as a critical transition fuel. Simultaneously, the broader industry leverages these strategic shifts and aggressive capital allocation to attract valuation re-ratings as renewable technologies become more economically viable despite near-term supply chain inflation.
- Goldman Sachs32 min
Zalmay Khalilzad, former Ambassador to Afghanistan and Iraq
Former ambassador Zalmay Khalilzad evaluates the concluded $2.3 trillion war in Afghanistan, which failed to democratize the region but successfully deterred Al-Qaeda, while noting that current U.S. engagement with the Taliban remains constrained by domestic politics and unfulfilled human rights commitments. The discussion further analyzes how the withdrawal from Afghanistan miscalculated Putin's aggression in Ukraine, a conflict that ironically strengthened NATO cohesion despite escalating risks of nuclear escalation. Finally, the briefing identifies China as a comprehensive strategic challenger whose technological and territorial ambitions, particularly regarding Taiwan, now constitute the primary contradiction for U.S. foreign policy.
- Goldman Sachs21 min
Investing with The Carlyle Group’s Sandra Horbach
Sandra Horbach, Alison Mass, Alison Nathan
In a May 23, 2022 conversation, Sandra Horbach of the Carlyle Group discusses the private equity industry's evolution from a niche sector to a mainstream asset class while detailing Carlyle's specialized investment strategies focused on market leaders and ESG integration. Horbach outlines the firm's aggressive diversity, equity, and inclusion initiatives, including a compensation-linked mentorship program and a $2 million award pool, aimed at empowering women to secure high-impact leadership roles. Addressing current macroeconomic headwinds, she advises prioritizing companies with resilient business models capable of thriving through volatility while reflecting on her 35-year career trajectory from her early days at Forsman Little to her current advocacy for long-term, quality-driven value creation.
- Goldman Sachs26 min
The Boom in Private Credit
Lotfi Karoui, James Reynolds, Alison Nathan
On June 21, 2022, market participants discussed how the private credit sector has evolved from a niche alternative into a $1.2 trillion mainstream asset class that now rivals public high-yield and syndicated loan markets in size. The discussion highlighted that direct lending strategies offer borrowers bespoke, flexible financing structures while attracting a diversified investor base, yet the sector faces immediate pressure from rising interest rates that threaten borrowers with unsustainable capital structures. Despite concerns over potential defaults and future regulatory scrutiny, experts argued that direct lending remains structurally sound compared to the 2008 crisis due to lower leverage levels, locked-in capital alignment, and minimal asset-liability mismatches.