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Raymond J. McGuire

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  1. Milken Institute57 min

    Filling the Global Infrastructure Gap

    Brian Sullivan, David Bohigian, Jim Yong Kim, Raymond J. McGuire, Hiromichi Mizuno, Angela Rodell, Ray McGuire

    A high-level forum featuring global financial leaders and development officials addressed the critical $2.7 trillion annual infrastructure gap in emerging markets, where private capital currently constitutes a mere fraction of total investment. Participants debated strategies to bridge this divide by aligning impact mandates with mid-to-high teen return expectations while leveraging tools like political risk insurance and the newly rebranded Development Finance Corporation to de-risk projects. The dialogue concluded with a consensus on the necessity of "high-quality" standards, universal ownership frameworks, and specific "dream projects" such as Sahel solar farms to mobilize the trillions of dollars in available global assets.

  2. Milken Institute1h 0m

    How Activist Investing Is Reshaping the Boardroom: A New Dawn for Corporate Governance?

    David Faber, Gene Lee, Raymond J. McGuire, Clifton Robbins, Anne Sheehan, Jeffrey Smith

    CalSTRS leverages its $189 billion portfolio to co-invest with specialized activist managers like Starboard Value and Blue Harbor, prioritizing deep due diligence and long-term governance engagement over distinct asset classification. The discussion highlights the Darden Restaurants case study as a paradigm for successful collaborative intervention, where board turnover and a jointly developed five-year plan drove superior cash-flow outcomes while avoiding costly proxy fights. As institutional investors increasingly demand internal self-introspection and director equity alignment, the event projects a future where activism remains a permanent governance feature driven by mid-cap opportunities and shareholder pressure on capital allocation.