A lot of these firms have broadened beyond private equity even. Apollo is much bigger in private credit. Blackstone is... They're massive in private credit, right? Massive. And the point they make is there's only so much skill you could have in private equity because you don't want to raise so much money that you can't put into work.
Bloomberg News Wall Street Reporter Sonali Basak talks about her interviews with Boaz Weinstein, Ida Liu and David Rubenstein about the next big risk for investors. Carvana CEO Ernie Garcia discusses restructuring debt and selling stock in a comeback attempt for the used-car retailer. Laura Rea Dickey, CEO of Dickey’s Barbecue Pit, talks about the business of barbecue. Brad Dillman, Chief Economist at Cortland, shares his thoughts on US housing. And we Drive to the Close with Jon Baranko, CIO of Fundamental Investments at Allspring Global Investments.
Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan.
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