Latest Interviews
Showing 286–300 of 1,615 transcripts.
Clear all filters- Milken Institute1h 1m
Private Equity Delivering Value | Milken Institute Global Conference 2024
John Bowman, Chris Emanuel, Martin Escobari, Jacob Kotzubei, Collin Roche, Bridget Walsh
Driven by a surge to $22 trillion in assets and a prolonged IPO drought, the private capital sector is undergoing a structural shift from financial engineering to intensive operational transformation. Leading firms like Platinum Equity, GTCR, and GIC are deploying specialized teams to execute immediate CEO changes, leverage GenAI for due diligence, and prioritize distributions over returns, while simultaneously navigating a market bifurcation that threatens non-adaptive players. This evolving landscape forces a consolidation of the 10,000 existing general partners as asset managers adopt interventionist strategies to maximize value in a high-interest-rate environment where traditional holding periods are being redefined.
- Milken Institute1h 1m
What's Trending in MedTech? | Milken Institute Global Conference 2024
Conor Hale, Kelvin Baggett, Andrew Fish, Nada Hanafi, Ryan Lakin, Michelle Tarver
Facing a constrained 2023 investment climate, the industry is pivoting from speculative hype to value-driven innovations in women's health, AI, and genomic technologies that prioritize clear patient outcomes. Regulatory frameworks like the FDA's TAP and new real-world evidence protocols are accelerating approvals while shifting focus toward patient-integrated design and equitable access. Leaders such as Abbott and J&J are now embedding affordability and diversity into R&D, ensuring devices function as intuitive, home-based solutions that address systemic provider shortages and health inequities.
- Milken Institute1h 1m
Banks Stepping Out, Private Credit Stepping In | Milken Institute Global Conference 2024
John Bowman, Jeffrey Aronson, Marianna Fassinotti, Gregory Geiling, Peter Gleysteen, Drew McKnight
The private credit market has evolved from a niche financing tool into a $2.2 trillion "big tent" asset class, driven primarily by regulatory pressures like the Basel Endgame that force banks to offload capital requirements while retaining origination roles. This structural shift has fostered a complementary partnership model where global banks leverage private capital for risk transfer and flexibility, resulting in robust credit quality despite a temporary pause in corporate activity due to high interest rates. As the industry navigates the next economic cycle, focus is shifting toward downside protection, specialized asset management, and the emerging secondary market to address the sector's lack of full stress testing since the Global Financial Crisis.
- Milken Institute1h 0m
Transformative Philanthropy and Innovation | Milken Institute Global Conference 2024
Melissa Stevens, Pablo Legorreta, Strive Masiyiwa, Louise Richardson, Mark Walter
CEO Mark Walter, Strive Masiwa, Dame Louise Richardson, and Pablo Legareta convened to define transformative philanthropy as high-risk capital that drives systemic change in healthcare, education, and conservation. The panel detailed specific strategies such as Legareta's medical therapies for transplant patients, Walter's vocational schools in Chicago, and community-integrated conservation models in Zimbabwe that successfully reduced rhino poaching. Ultimately, the leaders agreed that effective philanthropy must prioritize sustainable governance and local resource mobilization to mitigate polarization and create a self-sustaining future.
- Milken Institute59 min
Leading in the Generative AI Revolution | Milken Institute Global Conference 2024
Sara Eisen, Greg Brown, Arvind Krishna, Thomas Kurian, Janet Truncale, Sharmini Peries, Janet Napolitanovich, Thomas Kaplan, Nicole Sullivan, Arvind K.
Prominent industry leaders including Arvind Krishna, Thomas Kurian, and Greg Clark characterize the AI sector as being in its early developmental stage, emphasizing a strategic pivot from immediate productivity gains to scalable deployment across public safety, healthcare, and enterprise operations. These executives detail a multi-cloud infrastructure approach where organizations like Motorola Solutions and EY leverage edge AI and "human-in-the-loop" frameworks to address data sovereignty, bias, and trust barriers while augmenting workforce capabilities rather than displacing them. The panel concludes that future growth depends on navigating light-touch regulatory environments and combating misinformation through rigorous data management and open-source collaboration.
- Milken Institute1h 1m
Financial Industry Leaders Revolutionizing America’s Retirement Landscape | Global Conference 2024
Jennifer Ablan, Thasunda Brown Duckett, John Carter, Will Fuller, Penny Pennington, Tashanda Braunducket
Marking the apex of the Baby Boomer retirement wave, a recent industry panel addressed a $4 trillion savings gap affecting 57 million Americans lacking employer-sponsored plans by proposing structural reforms like auto-enrollment mandates and Secure 3.0 legislation. Financial leaders from TIAA, Transamerica, Nationwide, and Edward Jones advocated for cross-industry partnerships to create guaranteed income solutions and expanded financial literacy programs specifically targeting the middle market and underserved demographics. These initiatives aim to mitigate the risk of an impending wealth transfer turning into a generational debt crisis while capitalizing on a 50,000-person advisor shortage through innovation in hybrid pension models and social impact investing.
- Milken Institute1h 1m
Credit Markets Forging Ahead | Milken Institute Global Conference 2024
Will Caiger-Smith, Ashley Baum, Michael Buchanan, Lee Kruter, Michael Patterson
A panel of investors analyzed the post-tightening fixed income landscape, highlighting how rising Treasury yields severely impacted duration-sensitive assets while high-yield and bank loan sectors demonstrated resilience through credit risk isolation. The Texas Teachers Retirement System outlined its opportunistic credit strategy, deploying $7.5 billion into asset-based financing and real estate loans while navigating a market where private credit's dominance is receding amid a sharp rebound in syndicated loan issuance. Furthermore, the discussion addressed the evolution of distress dynamics, noting that while modern covenants masked default rates, a wave of coercive liability management exercises and covenant erosion now signals an impending cycle of stricter documentation and reduced recovery rates.
- Milken Institute59 min
The Future of Corporate Governance | Milken Institute Global Conference 2024
Andy Serwer, Betsy Atkins, Jarvis V. Hollingsworth, Dambisa Moyo, Ronald Sugar, Mark A. Weinberger
Prominent governance leaders including Betsy Atkins, Ron Sugar, and Mark Weinberger address the imperative for boards to navigate rapid generative AI adoption and geopolitical fissures by embracing ambiguity and shifting from short-term survival to long-term value creation. The discussion highlights critical board evolution strategies, such as confidential peer assessments, the integration of digital upskilling roles, and the necessity of balancing stakeholder interests with rigorous capital allocation across diverse sectors from tech to sovereign wealth funds. By contrasting the governance models of public companies, state institutions like the Texas Teachers Retirement System, and global entities like Saudi Aramco, the speakers conclude that effective oversight requires a tailored approach that aligns board composition and risk tolerance with specific CEO archetypes and industry-specific assets.
- Milken Institute1h 1m
Moving Beyond Financials: Mega-Trends Shaping Business and Finance | Global Conference 2024
Hiromichi Mizuno, Raphael Arndt, Jonathan Goldstein, Saira Malik, Andy Sieg, Hiro Mizuno
Projected $80 trillion in wealth transfers from Baby Boomers to younger generations are colliding with rising geopolitical fragmentation and divergent investment values, compelling a fundamental restructuring of portfolio management. In response to these pressures, financial institutions are adapting by integrating ESG factors as material risk metrics, shifting toward alternative assets, and redefining fiduciary duty to account for societal stability and climate impact. Despite these structural changes, significant challenges remain regarding financial literacy gaps, the need for diverse hiring practices, and the inability of current markets to fully price in long-term systemic risks.
- Milken Institute1h 1m
Credit Outlook | Milken Institute Global Conference 2024
Michael Milken, James Keenan, Victor Khosla, Marc Lipschultz, Purnima Puri
Leading institutional investors from BlackRock, Blue Owl Capital, Strategic Value Partners, and J.P. Morgan Partners outlined a rigorous selection framework that targets only 2% to 5% of reviewed deals to navigate a "higher for longer" interest rate environment. Panelists emphasized that private credit offers superior covenant protection and recovery rates compared to public markets, positioning it as a permanent portfolio diversifier rather than a temporary boom as bank deleveraging drives capital toward asset managers. Looking ahead, industry leaders anticipate a multi-year opportunity in distressed debt and non-sponsor financing, where operational involvement and strict governance will define success amid projected $600 billion in annual maturities.
- Milken Institute1h 2m
Addressing Antisemitism and Religious Bias Based on Facts | Global Conference 2024
Richard Sandler, Van Jones, Daniel Lubetzky, Arielle Mokhtarzadeh, David Wolpe
Rabbi David Wolpe, Van Jones, Daniel Lesetsky, and Ariel Macarza Day convened to analyze the post-October 7 surge in antisemitism, framing it as an ideological war driven by foreign influence and Marxist binaries that threatens the historic Black-Jewish alliance. The panel detailed specific campus realities, including the physical barring of Jewish students and the strategic use of anonymity by masked protesters, while contrasting Jewish fears of genocide with Black anxieties about police brutality to explain the current fragmentation. To counter these threats, the experts proposed a strategic "Five H's" alliance between Black and Jewish communities, advocating for institutional partnerships between HBCUs and Hillels and a shift from defensive posturing to active legal enforcement against hate crimes.
- Milken Institute59 min
The Promise and Pitfalls of Private Equity | Global Conference 2024
Mark Thierfelder, Joe Baratta, Anne-Marie Fink, Patrick Healy, Jonathan D. Sokoloff, Pete Stavros
In a session highlighting the private equity sector's adaptation to post-2022 market volatility, leaders from Blackstone, KKR, and Hellman & Friedman detailed their strategic pivots toward longer holding periods and operational value creation amid elevated credit costs. To address liquidity constraints and shifting investor expectations, these firms are increasingly utilizing continuation vehicles, expanding into retail capital channels, and reforming stakeholder models to unlock value from the 90% of companies that remain private. The panelists concluded that while public market exits remain constrained, structural advantages in governance and targeted infrastructure investments will drive future growth as the industry transitions from a traditional buy-sell model to a sustained ownership framework.
- Milken Institute1h 0m
Proposals for Protecting the Free-Enterprise System while Closing the Wealth Gap | Global Conference
Michael Milken, John Hope Bryant, Brad Gerstner, Teresa Ghilarducci, Steven T. Mnuchin
On May 8, 2024, the Milken Institute convened a panel featuring Treasury Secretary Steven Mnuchin, investor Brad Jacobs, and advocate John Hope Bryant to propose structural reforms that reconcile free enterprise with closing the wealth gap. The group outlined specific legislative and private-sector solutions, including the "Invest America Birth Account" to seed universal child savings and the Retirement Savings for Americans Act to automatically enroll workers in retirement plans. These initiatives aim to mitigate retirement insecurity and promote financial literacy by 2026, leveraging contributions from high-net-worth donors and private equity firms while avoiding wealth taxes that could stifle innovation.
- Milken Institute1h 1m
Institutional Investors: Staying the Course or Catching the Wave | Global Conference 2024
Christopher Ailman, Amy Diamond, Allison Hill, Molly Murphy, Bei Saville, Liz Tulach
Five female Chief Investment Officers from Boeing, QIC, Advance Family Office, Orange County Retirement System, and the USC Endowment convened to debate investment strategies spanning private markets, geopolitical risk, and emerging trends. The panelists detailed their specific approaches to navigating high volatility and sticky inflation while balancing rigid mandates with opportunities in artificial intelligence, private credit, and supply chain reshoring. Their collective dialogue highlighted a shift toward "staying the course" in innovation while actively managing liquidity constraints and diversifying portfolios through secondaries and co-investments.
- Milken Institute1h 1m
The Cancer Diagnostics Revolution | Global Conference 2024
Gregory Simon, Kara Egan, Helmy Eltoukhy, Jody Hoyos, Larry Kessler, Anaeze Offodile, Greg Simon
Experts and industry leaders convened to discuss the technological evolution of liquid biopsies for early-stage, pan-cancer detection while addressing critical barriers regarding clinical efficacy, health equity, and reimbursement. The dialogue highlighted the necessity of randomized control trials to prove mortality benefits over simple downstaging, noting that false positives can trigger invasive diagnostic odysseys without extending life. Panelists from organizations like GARDEN and Teal Health outlined specific strategic goals, including securing Medicare coverage and developing at-home screening devices to reduce the 25% of women currently behind on recommended cancer screenings.