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  1. Milken Institute1h 0m

    Private Credit Cashing In | Milken Institute Global Conference 2024

    Liz Hoffman, Dianna Carr-Coletta, David Geenberg, Theodore L. Koenig, Danielle Poli, James Reynolds, Ted, Francois Chollette

    Private credit assets have expanded to an estimated $1.5 trillion through a 20% CAGR since the financial crisis, driven by institutional reallocations from 1-2% to 15% and expanding participation from retail investors. While competition intensifies among originators targeting the lower-middle market and specialized sectors like life sciences, the sector differentiates itself through superior recovery rates via maintenance covenants and a strategic pivot toward capital protection rather than yield maximization. Looking forward, the industry faces liquidity and regulatory headwinds but expects to sustain 10-11% unlevered returns by diversifying into asset-backed finance and addressing distressed capital structures created by the current M&A slowdown.

  2. The Diary Of A CEO2h 3m

    Russ Cook (Hardest Geezer): I Haven't Told The Whole Truth About Africa!

    Russ Cook, Steven, Ted

    Thirty-year-old adventurer Russ Cook became the first person to run the full length of Africa, completing a 352-day, 9,600-kilometer journey from the Cape of Good Hope after overcoming severe health crises, violent robberies, and visa impasses. The expedition, which ultimately raised £1 million for charity, forced a profound personal reconciliation with his estranged father and a professional pivot following a prior spiral into gambling addiction and depression. Now unaccompanied by a full support team, Cook intends to shift his focus from documenting his own feats to supporting and filming the adventures of others.