Latest Interviews
Showing 1–14 of 14 transcripts.
Clear all filters- Goldman Sachs34 min
‘Complexity is Our Friend’: James Brocklebank on Advent's Private Equity Strategy
James Brocklebank, Alison Mass
James Brockelbank details Advent's $100 billion strategy of navigating complex regulatory environments in Europe and expanding into Asia-Pacific through a focus on transformational carve-outs and pure private equity specialization. Facing slowed exit realizations, the firm has integrated proprietary AI tools like "Advent GPT" into its investment committees while shifting toward strategic buyers to manage capital returns. Brockelbank emphasizes that despite these technological advancements, deep human relationship-building and a culture of "healthy paranoia" remain the critical differentiators for identifying high-quality opportunities in volatile markets.
- Goldman Sachs37 min
The Business Builder: New Mountain Capital's Steve Klinsky
Steve Klinsky, the CEO of the $60 billion New Mountain Capital, established the firm in 2000 to pursue a "defensive growth" investment strategy focused on operational improvements within non-cyclical sectors like infrastructure and healthcare technology. Under his leadership, the firm has achieved significant milestones including the $8 billion expansion of supply chain software provider Blue Yonder and the creation of over $100 billion in enterprise value through private credit. Klinsky continues to drive the firm's integration of Generative AI to optimize portfolio margins while maintaining active philanthropic leadership through his Modern States Education Alliance and long-term vision for the private equity landscape.
- Goldman Sachs36 min
Bain Capital’s David Gross on global opportunities and private equity’s evolution
Bain Capital Co-Managing Partner David Gross outlined a bullish macro strategy targeting Japan's fragmented buyout market, Germany's divestiture wave, and India's stabilizing governance structure while leveraging a dedicated macro team to identify investable themes. To sustain competitive advantage, the firm is scaling its operational capabilities with 130 value creation professionals and deploying a venture arm to integrate disruptive technologies like AI across its portfolio. This approach, underpinned by Bain's private partnership model and disciplined valuation entry, has enabled distribution yields exceeding 30% in North America and positions the firm to navigate current cyclical lows toward a recovery in deployment and liquidity.
- Goldman Sachs44 min
Private credit investing with Ares Management’s Mike Arougheti
CEO Mike Arrighetti leads Ares Management, a global alternative asset firm overseeing over $400 billion in assets and establishing itself as a premier direct lender through active origination strategies. Under his 2018 succession of co-founder Bennett Rosenthal, the firm has institutionalized a partnership culture while expanding its private credit footprint across aging demographics, regulatory shifts, and emerging markets in Asia and Latin America. Arrighetti projects the sector will sustain 10–15% annual growth driven by bank disengagement and infrastructure demands, a trajectory that aligns with the firm's focus on floating-rate resilience and its broader charitable initiatives.
- 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 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 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 Sachs44 min
Investing with Permira’s Tara Alhadeff
Tara Alhadeff, Alison Mass, Alison Nathan
Private equity executive Tara Aladef leverages her post-2008 crisis experience to lead a strategy focused on undervalued, emotionally resonant heritage brands like Doc Martens and Golden Goose, where she applies a rigorous framework distinguishing structural growth from temporary trends. By prioritizing the intersection of creative design and commercial pragmatism, her firm has successfully navigated economic downturns to drive significant value in portfolio companies through digital acceleration and direct-to-consumer models. Looking ahead, Aladef anticipates a bifurcated consumer market that favors high-income resilience and small-ticket items while expecting private market valuation corrections to lag behind public declines over the coming years.
- 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 Sachs33 min
Investing with KKR’s Joe Bae
Joe Bae, Alison Mass, Alison Nathan
KKR co-CEOs Joe Bay and Scott Nuttall oversee the firm's evolution from a pure capital provider into a global solutions provider managing a multi-asset portfolio while navigating macroeconomic shifts like supply chain resiliency and the energy transition. Under their leadership, KKR has expanded significantly into Asia and life sciences while prioritizing diversity initiatives that have increased female junior hiring to over 50% and established board diversity targets for portfolio companies. Complementing these business strategies, the firm launched the Asian American Foundation to combat anti-Asian hate and is actively investing over $27 billion in sustainability themes to address long-term social and environmental challenges.
- Goldman Sachs27 min
Investing with Advent International’s Tricia Glynn
Tricia Glynn, Alison Mass, Alison Nathan
Advent International's Tricia Glynn outlines a strategy for navigating a volatile macroeconomic landscape by prioritizing governance, downside control, and data-driven insights to drive growth at scale. The firm leverages its global network to advance decarbonization efforts and transfer cross-border technologies like live selling while championing aggressive Diversity, Equity, and Inclusion goals for 2030. Glynn concludes that future investment success will depend on balancing rigorous analytics with human-centric leadership to attract top talent in a transformed labor market.
- Goldman Sachs31 min
Jon Moeller, President/CEO of Procter & Gamble
New CEO John Moeller is leading Procter & Gamble through a strategic restructuring that decentralizes decision-making into focused markets while redefining sustainability as a core driver of innovation rather than a compliance obligation. The company is addressing permanent macroeconomic shifts by overhauling its supply chain to achieve "Supply 3.0" and committing to net-zero emissions by 2040 through open-source recycling technologies and optimized packaging. These operational changes have already accelerated U.S. growth rates to 8%, restored double-digit performance in China, and eliminated widespread regional profitability losses across the global portfolio.
- Goldman Sachs29 min
Joe Bae, Co-CEO of KKR and Founder of The Asian American Foundation
KKR Co-CEO Joe Bae outlines the firm's expansive Asian strategy, which now accounts for a quarter of the company's business through diversified infrastructure and private credit investments targeting a millennial demographic. Amidst macroeconomic headwinds like inflation and geopolitical shifts, Bae emphasizes supply chain resiliency and a balanced energy transition while leveraging KKR's localized workforce to navigate global risks. Beyond finance, he details the establishment of the Asian American Foundation to dismantle the model minority myth and drive systemic community support through corporate advocacy and educational initiatives.
- Goldman Sachs45 min
Stephen Pagliuca: Leadership in Business and Basketball
Steve Pelyuka leverages his background as a Duke basketball scholarship athlete turned accounting professional to co-found Bain Capital and drive its evolution from a mid-market buyout firm into a global leader emphasizing digital transformation and the "Double Impact Fund." As co-owner of the Boston Celtics since 2002, he orchestrated a championship turnaround by pioneering data analytics in player acquisition and establishing the Shamrock Foundation to generate over $1 million annually for local charities. Pelyuka also warns of impending fiscal crises driven by state-level healthcare costs while advocating for diversified investment strategies to navigate potential market instability.