Glenn Schorr, Senior MD at Evercore ISI and a top analyst in finance, shares his insights on the meteoric rise of alternative asset managers going public, notably Blackstone's entry into the S&P 500. He discusses the challenges of navigating acquisitions, the impact of interest rates on private credit, and strategies for managing dry powder in private equity. Glenn also highlights Blackstone's recovery strategies and the shift from traditional banks to innovative private credit firms, shedding light on the evolving financial landscape.

Glenn Schorr, a top analyst from Evercore ISI, dives into the intertwining of asset management and hip-hop philosophy, riffing on how 'fees rule everything around me.' He discusses the critical balance between fee generation and alpha returns in a competitive market. Glenn also explores the evolving landscape of private markets versus public firms, the impacts of regulatory changes, and the challenges of limited fundraising in the current climate. His insights offer a fascinating look at the future of alternative investments.