David Rubenstein
Showing 1–8 of 8 transcripts.
- Goldman Sachs14 min
From “The Way Forward" Conference: David Rubenstein, Co-Founder, The Carlyle Group
David Rubenstein outlines five core leadership principles for navigating national crises, emphasizing that effective governance requires prioritizing national interests over politics and maintaining absolute transparency to preserve public credibility. Distinguishing current pandemics and racial justice movements from historical events by their immediate impact on personal mortality, he warns that leaders must rely on persuasion rather than command to implement difficult decisions amidst a predicted deep recession and soaring national debt. Rubenstein projects accelerated societal shifts toward remote work and healthcare investment while recommending key historical texts to contextualize these challenges and guide future generations.
- Milken Institute1h 21m
Lunch Program: A Conversation with Wilbur L. Ross, Jr., Jim Yong Kim and Jamie Dimon
Wilbur L. Ross, Jr., Jim Yong Kim, Jamie Dimon, Michael Klowden, Willow Bay, David Rubenstein
The 20th Milken Institute Global Conference convened approximately 4,000 attendees from 60 nations to address the theme of "Building Meaningful Lives" through strategic pillars of capital access, job creation, and health. Key figures including U.S. Commerce Secretary Wilbur Ross, World Bank President Jim Yong Kim, and JPMorgan Chase CEO Jamie Dimon presented diverging perspectives on trade policy, global development, and domestic infrastructure reform. Their discussions emphasized shifting from GDP-centric metrics to human capital investment, while outlining specific strategies to overcome regulatory hurdles and automate job transitions to drive future economic growth.
- Milken Institute1h 0m
Global Private Equity Outlook
Gary Pinkus, John Connaughton, Bruce Flatt, Jonathan Nelson, David Rubenstein
Leading private equity executives including Bruce Flatt, David Rubenstein, and John Connaughton convened to analyze a sector at a record peak of $4.7 trillion in assets under management, emphasizing a strategic shift from financial engineering to operational value creation in emerging markets and U.S. infrastructure. The panel identified populism and regulatory uncertainty as key risks but concluded that the industry is resilient due to its ability to generate stable returns for pension funds and its capacity to navigate global trade dynamics. Future success will depend on adapting distinct operating models, such as Brookfield's public vehicle structure or Carlyle's partnership approach, to compete with rising capital sources like family offices and sovereign wealth funds.
- Milken Institute55 min
Private Equity Outlook from Industry Titans
Andrea Kramer, Leon Black, Jonathan Nelson, David Rubenstein, Robert Smith
At a recent industry summit, private equity leaders including Leon Black, Jonathan Nelson, and Robert Smith identified high recession risks, compressed leverage, and evolving LP demands as critical challenges reshaping the market. The discussion highlighted a strategic pivot from rapid acquisitions to operational value creation, with firms diversifying into credit products and leveraging sovereign wealth funds to navigate tightening spreads and regulatory barriers. Furthermore, experts projected extended holding periods and a potential expansion of access to non-accredited investors while maintaining skepticism regarding emerging market returns due to currency and governance uncertainties.
- Milken Institute59 min
Conversations with Congress
David Rubenstein, Bob Corker, Kevin McCarthy, Mark Warner
House Majority Leader Kevin McCarthy outlines Republican legislative strategies centered on advancing the Trans-Pacific Partnership and comprehensive tax reform while projecting confidence in maintaining House control during the 2016 election. Simultaneously, Senators Mark Warner and Bob Corker emphasize the urgent need for bipartisan solutions to fiscal deficits and foreign policy challenges, including the Iran nuclear deal, while navigating the deep structural frustrations within the Senate. Both chambers reflect a shared determination to restore executive-legislative balance despite rising political polarization and internal party divisions.
- Milken Institute54 min
A Conversation With Gary Becker, David Rubenstein and Robert Rubin
Gary Becker, David Rubenstein, Robert Rubin
Economic Nobel laureate Gary Becker and former Treasury Secretary Bob Rubin argue that the United States must close the gap between current and potential output to achieve a 3% annual GDP growth rate, a goal requiring significant fiscal stabilization and immigration reform. The panel proposes a decade-long plan to reduce the debt-to-GDP ratio through entitlement adjustments and tax expenditure reforms, while identifying shale energy and demographic advantages as key drivers of future U.S. competitiveness. Despite acknowledging the nation's status as a premier investment destination, the experts warn that persistent political dysfunction and an inability to implement necessary compromises remain the primary threats to economic progress and fiscal health.
- Milken Institute57 min
A Conversation With Gary Becker, David Rubenstein and Robert Rubin
Gary Becker, David Rubenstein, Robert Rubin, Bob Rubin
Panelists Gary Becker and Bob Rubin argue that the U.S. economy can return to a sustainable 3% growth trajectory by leveraging its energy revolution, real estate recovery, and manufacturing expansion while addressing a structural $10 trillion debt burden through entitlement reform and tax loophole elimination. They attribute current stagnation primarily to political gridlock, advocating for open primaries, nonpartisan civic education, and a market-based immigration system to foster compromise. Despite risks from Federal Reserve quantitative easing and inflation, the experts maintain that the American dollar remains the superior long-term investment vehicle provided the political system functions effectively.
- Milken Institute1h 12m
Big Goals, New Strategies and the Future of High-Level Philanthropy
David Rubenstein, Yuri Milner, Gene Case, Shmuel Mehtar
Leading philanthropists like David Rubenstein and Yuri Milner advocate for integrating charitable labor and technology into core business operations to move beyond traditional capital-focused models. Recent initiatives include the launch of the Breakthrough Prize to recognize fundamental scientists and the "Billion Plus Change" campaign, which has secured over $2 billion in pro bono talent commitments from 350 companies. Despite these strategic shifts, the sector faces persistent challenges regarding gender disparity, tax policies that favor financial gifts over volunteerism, and the sustainability of a rapidly growing number of under-resourced nonprofits.