CEOs and experts from State Street, Carlyle Group, Milwaukee Brewers, and Circle discuss global economy resilience, private credit in financial institutions, AI integration in deals, bipartisan legislative support, and innovative drug delivery solutions at the Milken Institute Global Conference.
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Quick takeaways
Byron Allen eyes Paramount acquisition, highlighting assets and FCC approval importance.
Apollo Global Management focuses on democratizing private investments for individuals through education and transparency.
Ultrasound technology brings promise to neuroscience by targeting conditions like Alzheimer's and addiction, emphasizing collaborative medical research.
Deep dives
Heavy interest in acquiring Paramount
Byron Allen expresses continued interest in acquiring Paramount, highlighting the assets and managerial team's capabilities. Emphasizing the importance of FCC approval as a major factor in the deal's success, he notes that capital is readily available for the acquisition.
Expanding access to alternative investments
Stephanie Drescher from Apollo Global Management discusses the firm's commitment to delivering institutional-quality alternative investments to individual investors. She highlights the focus on providing holistic portfolio solutions and education, ensuring that clients benefit from diverse private investment opportunities.
Balancing liquidity and excess returns
Stephanie Drescher addresses the concept of additional illiquidity in private investments versus public markets. She emphasizes educating investors about the trade-off for the potential excess returns in private markets and aligning the liquidity profile with the client's investment horizon.
Enhancing access to private markets for individual investors
Stephanie Drescher at Apollo Global Management discusses efforts to democratize access to private investments for individual investors. She highlights the importance of transparency, diversification, and aligning private market exposure with public markets in portfolio construction.
Innovative Treatment Approaches in Neuroscience and Medicine
The podcast episode delves into innovative treatment approaches in neuroscience and medicine. Specifically, it highlights the use of ultrasound technology to address neurological conditions such as Alzheimer's and addiction. By using ultrasound to open the blood-brain barrier, researchers aim to enhance drug delivery to problematic areas in the brain, potentially improving the effectiveness and safety of treatments. These advancements offer promising solutions for conditions like Alzheimer's, Parkinson's, and substance use disorder.
Impact of Philanthropy on Medical Research Advancements
Furthermore, the episode emphasizes the critical role of philanthropy and foundations in driving medical research advancements. It discusses how initial seed capital from philanthropic sources can catalyze collaborations between various sectors including science, industry, and government. By combining resources and expertise from different entities, significant breakthroughs in treatments and discoveries can be achieved. The episode underscores the importance of collaborative efforts in pushing boundaries in healthcare and neuroscience.
On this special edition of the Bloomberg Businessweek Weekend edition, we hear some of our favorite conversations from the Milken Institute Global Conference from Beverly Hills, California.
Featuring Carol Massar, Romaine Bostick and Tim Stenovec.
Conversations include:
Ron O'Hanley, CEO at State Street
Pooja Goyal, CIO of Infrastructure at Carlyle Group
Mark Attanasio, co-founder of Crescent Capital, chairman and principal owner of the Milwaukee Brewers
Jeremy Allaire, CEO at Circle
Byron Allen, chairman, founder and CEO at Allen Media Group
Stephanie Drescher, chief client and product development officer at Apollo Global Management
Marc Lipschultz, co-founder and co-CEO at Blue Owl Capital
Neel Kashkari, President of the Minneapolis Federal Reserve Bank
Anu Aiyengar, Global Head of M&A at JP Morgan
Dr. Ali Rezai, executive director of the West Virginia University Rockefeller Neuroscience Institute
Hear the show live at 2PM ET on WBBR 1130 AM New York, Bloomberg 106.1 FM Boston, Bloomberg 960 AM San Francisco, WDCH 99.1 FM in Washington D.C. Metro, Sirius/XM channel 121, on the Bloomberg Business App, Radio.com, the iHeartRadio app and at Bloomberg.com/audio.
You can also watch Bloomberg Businessweek on YouTube - just search for Bloomberg Global News.
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