Damien Dwin
Showing 1–2 of 2 transcripts.
- Milken Institute1h 2m
Breaking the Cycle of Mass Incarceration
Ari Melber, Common, Damien Dwin, Mark Holden, Hakeem Jeffries, Bill Lee, Topeka Sam
Addressing the disproportionate impact of America's 6-fold incarceration surge on women of color, this panel examines how the COVID-19 pandemic exposed systemic vulnerabilities and catalyzed a bipartisan push to repeal the punitive 1994 Crime Bill. Legislative efforts like the First Step Act and proposed measures to release vulnerable populations are juxtaposed against a critique of prosecutorial power and the 44,000 legal barriers hindering reentry. Ultimately, the discussion advocates for a structural shift toward education-based prevention, corporate hiring initiatives, and community-led rehabilitation to dismantle the school-to-prison pipeline and reduce recidivism.
- Milken Institute58 min
New Horizons: The Evolution of Direct Lending and Illiquid Credit
Staci Warden, Michael Arougheti, Mary Katherine DuBose, Damien Dwin, Nino Fanlo, Terry Harris, Mike Garaghetti, Mary Catherine Dubois
Representatives from Ares Management, Wells Fargo, Brightwood Capital, SoFi, and Barings convened to analyze the maturation of the private credit market, defining direct lending as a global asset class spanning from family-owned businesses to PE-backed corporations. Panelists highlighted divergent strategies across the sector, including asset-backed senior financing, supply-demand imbalances for underserved founders, and disintermediation of super-prime consumers, while noting strong credit fundamentals despite a late-cycle environment. As regulatory frameworks evolve and fee compression accelerates, the industry faces a shift toward market efficiency where relationship premiums erode and liquidity managers prioritize rational relative value decisions over concentrated sponsor reliance.