Market Commentary from the 2023 Milken Institute Global Conference

Jared Solomon - Co-Founder and CEO of Five Iron Golf: On this week’s episode, host Colbert Cannon sits down with Jared Solomon, Co-Founder and CEO of Five Iron Golf, an indoor golf simulator and events & entertainment business catering to urban centers. We talk about Jared’s first foray into entrepreneurship with Flux Stables, a poker staking business he started in law school. And he shares how he’s continued to merge his passion for business and recreation through Five Iron Golf — and what’s on the horizon for the business. by The HPScast

24 min listen

Current Credit Market Trends with HPS Governing Partners Purnima Puri and Mike Patterson: This week’s episode features a discussion of current credit market trends with HPS Governing Partners Purnima Puri and Mike Patterson joining host Colbert Cannon. by The HPScast

22 min listen

Jay Goffman - Co-Founder and Co-CEO of Smith Goffman Partners: On this week’s episode, host Colbert Cannon sits down with Jay Goffman, Co-Founder and Co-CEO of Smith Goffman Partners, a restructuring advisory firm with a merchant bank component. We talk about Jay’s early start in bankruptcy law, his journey to becoming partner at Skadden and the origin of Smith Goffman Partners. by The HPScast

25 min listen

The HPScast - Midseason 10 Break: The HPScast is on a midseason break, but we’ll be back with all new episodes starting Wednesday, May 1st. We encourage you to take a listen back to any conversations you might have missed. Or, check out our Best Ideas shared so far. You'll find links to books, podcasts, movies and TV shows in our show notes. by The HPScast

1 min listen

Dr. Brendan Carr - Chief Executive Officer of the Mount Sinai Health System: This week, host Colbert Cannon sits down with Dr. Brendan Carr, Chief Executive Officer of the Mount Sinai Health System. Dr. Carr became the head of the Emergency Department of Mount Sinai in 2020 — just one month before the hospital reported New York City’s first case of COVID-19. He shares his takeaways from the frontlines of a global pandemic as a new leader. We also discuss Dr. Carr’s diverse career background, which spans clinical care to healthcare policy and research — and how this vast experience has helped him in his transition to lead the entire Mount Sinai Health System earlier this year. by The HPScast

22 min listen

Salim Ismail - Co-Founder and Chairman of OpenExO: On this week’s episode, host Colbert Cannon sits down with Salim Ismail, Co-Founder and Chairman of OpenExO, a global community that connects professionals with organizations, institutions and people who want to build a better future through cutting-edge ideas and actionable methodologies. We talk about how Salim works with global organizations to navigate disruptive technologies like artificial intelligence (AI). He shares his thoughts on how AI will impact society and his best advice on how to prepare for the rapidly changing future. by The HPScast

31 min listen

David Lehman - Managing Director at HPS Investment Partners: This week, host Colbert Cannon sits down with David Lehman, Managing Director for HPS Investment Partners. David manages HPS's real estate finance practice. We discuss David’s early career learnings while trading structured products at Morgan Stanley and later Deutsche Bank before joining Goldman Sachs, where he eventually led the firm’s global real estate finance group. We also hear about David’s transition to public service as the Commissioner of the Connecticut Department of Economic and Community Development before joining HPS. by The HPScast

24 min listen

Kristin Kallergis Rowland - Global Head of Alternative Investments at J.P. Morgan Wealth Management: Welcome back to Season 10 of The HPScast. Host Colbert Cannon sits down with Kristin Kallergis Rowland, Global Head of Alternative Investments for J.P. Morgan Wealth Management. Kristin’s team oversees $140 billion in assets under management with private equity, private credit, real estate and hedge fund firms globally. We talk about Kristin’s early career learnings, from starting at J.P. Morgan in its mortgage center business during the 2008 housing crisis to the culture shift of managing alternatives in the EMEA region from the firm’s London offices. Then, we discuss her transition to lead the firm's global alternatives business and what’s next for the group. by The HPScast

24 min listen

The HPScast - Season 9 Finale: We’ve reached the end of Season 9 of The HPScast. Join host Colbert Cannon for a listen back to some of our best moments this season. We heard from thought leaders across industries, from entrepreneurs turned VC backers to organizational psychologists, as well as chief investment officers of leading pensions and global insurers. Their stories reinforced the ethos of The HPScast — that success does not happen in a vacuum. Thank you to all of our listeners for your continued support. We’ll be back at the top of 2024 with all new conversations. Until then, listen back to any episodes you might have missed, and check out our show notes to find links to all of the Best Ideas shared so far. by The HPScast

16 min listen

Francesco Martorana - Group Chief Investment Officer at Generali: This week, host Colbert Cannon sits down with Francesco Martorana, Group Chief Investment Officer at Generali, a global insurance and asset management provider. We discuss Francesco’s time at J.P. Morgan, Deutsche Bank and Allianz before joining Generali, where he oversees an approximately €400 billion global portfolio. Francesco shares Generali’s stance on private credit and the qualities he looks for in a portfolio manager. by The HPScast

25 min listen

Special Episode: Maud Texier, Google's Head of Clean Energy, in Conversation With Hugh Lawson, Managing Director at HPS: This week, we have a special episode recorded recently from HPS’s Investor Symposium. Colbert hands over his hosting duties to Hugh Lawson, a Managing Director at HPS, who sits down with Maud Texier, the Global Director of Clean Energy and Decarbonization Solutions at Google. Maud shares Google’s experience in its plan to become carbon free by 2030 while giving perspective on energy transition efforts, globally. by The HPScast

31 min listen

Emilia Wiener - Chief Investment Officer at TIAA: This week, host Colbert Cannon sits down with Emilia Wiener, Chief Investment Officer at TIAA, an asset management firm that specializes in retirement investing for educators. We talk about Emilia’s time at The MONY Group, AllianceBernstein, Genworth, and AXA, before moving on to TIAA. Emilia also shares her perspective on the value of private credit, properly documented transactions and the ability to proactively reposition a portfolio. by The HPScast

26 min listen

The HPScast - Midseason 9 Break: The HPScast is taking a quick midseason break, but we’ll be back with all new episodes starting Wednesday, November 15th. Until then, listen back to our growing catalog of conversations. Or, take a moment to check out one of our many Best Ideas shared so far. You can find links to fantastic books, podcasts, movies and TV shows, all in our show notes. by The HPScast

1 min listen

John Amaechi OBE - Organizational Psychologist & Founder of APS Intelligence: Host Colbert Cannon sits down with John Amaechi OBE, founder of APS Intelligence, an organizational consulting firm that helps businesses create ethical workplace cultures, and drive productivity, growth, retention, and success. John explains how he coaches businesses to find practical solutions that work for their specific type of organization and distinct needs. We also talk about how John leveraged his time in the NBA to carve out a unique lane in psychology with broad and scalable impact. by The HPScast

27 min listen

Grishma Parekh - Co-Head of North American Core Senior Lending at HPS Investment Partners: This week, we’re sharing host Colbert Cannon’s conversation with Grishma Parekh, Managing Director at HPS Investment Partners and Co-Head of North American Core Senior Lending. Grishma offers key insights into the direct lending market and discusses how it has grown and evolved over her years in the industry. She also shares how she made the decision to join HPS at a turning point in her own career — and how the firm’s culture continues to align with her ways of working. by The HPScast

29 min listen

Matt Brown - Founder & CEO of CAIS: This week host Colbert Cannon sits down with Matt Brown, founder and CEO of CAIS, a fintech platform that connects independent financial advisors with experienced alternative asset managers. We talk about Matt’s career evolution, from his early days at Shearson Lehman Brothers to founding private equity firm Brown Simpson, to spending over 20 years mentoring high impact entrepreneurs at Endeavor. Then, Matt shares how he built CAIS from the ground up to now serve 30,000 financial advisors representing roughly $4 trillion in investable capital. And we hear how CAIS is leveraging its data to build more robust insights for users to manage their assets long term. by The HPScast

24 min listen

Mark Rubenstein - Head of Strategic Investment Partners North America at HPS: On this week’s episode, host Colbert Cannon sits down with Mark Rubenstein, Head of Strategic Investment Partners North America at HPS. We talk about Mark’s early days at Citigroup’s leveraged finance division and his transition to the bank’s Special Situations Group. He then recounts the pivotal moments that led him to join HPS and the evolution of the firm during his tenure. by The HPScast

22 min listen

Alexa von Tobel - Founder of Inspired Capital: Welcome back to Season 9 of The HPScast. Host Colbert Cannon sits down with Alexa von Tobel, a dynamic entrepreneur, NYT-bestselling author, and venture capitalist. Alexa is the founder of Inspired Capital, an early stage venture capital firm committed to nurturing the next generation of exceptional entrepreneurs. We delve into Alexa’s remarkable journey, from her early career at Morgan Stanley to founding LearnVest, a pioneering financial literacy company that was later acquired by Northwestern Mutual. Then, we discuss her latest venture, Inspired Capital — and why she’s embracing more volatile economic conditions, including rising interest rates, to build better businesses and teams. Throughout, Alexa shares her keys to success at every juncture and vital lessons learned along the way. by The HPScast

27 min listen

The HPScast - Season 8 Finale: We’ve reached the end of Season 8 of The HPScast. Host Colbert Cannon shares some of the best moments from our varied slate of conversations this season. We heard from bona fide voices in the art world, a luminary in the Black media landscape, and more than a few colleagues from across HPS – some of whom you might have recognized from our previous seasons. We’ll be back in Fall 2023 with all new episodes. Until then, catch up on any conversations you might have missed. Or try out one of the many Best Ideas shared in each episode. You can find links to those in the show notes of each episode. by The HPScast

12 min listen

Mike Levin - Chief Executive Officer of Harlem Lacrosse: This week host Colbert Cannon sits down with Mike Levin, the Chief Executive Officer of Harlem Lacrosse, a nonprofit organization which provides academic support, mentorship, and lacrosse programming to students in low income urban schools in Boston, New York, Philly, Baltimore, and Los Angeles. Mike shares how mentorship and team building through sports can be an extremely effective vehicle for improving educational outcomes that cuts across socioeconomic and class divides. We discuss Mike’s own journey to get involved in education reform and how playing lacrosse in his youth through to the collegiate level at Brown University was foundational to forming his perspective. Mike shares how he has learned to navigate the world of nonprofits and fundraising to help scale and grow Harlem Lacrosse’s programming in cities across the U.S. Then, we look ahead to the strategic vision that he is working to implement, and how companies and c by The HPScast

22 min listen

Lydia Fenet - Charity Auctioneer and Christie’s Ambassador: Join host Colbert Cannon as he sits down with Lydia Fenet, a charity auctioneer, author, and ambassador for the iconic Christie’s auction house. Lydia offers up some tried-and-true career advice about building confidence in the form of personal stories from her own journey to feel successful on and off the auction block. We hear how she fumbled her first-ever auction, and has since built a career on helping others own their own mistakes and embrace failure as an essential part of any success story. We also discuss her motivations for her most recent book, Claim Your Confidence – plus, her tips for getting really comfortable with being uncomfortable. by The HPScast

23 min listen

Janet Marie Smith - Executive VP of Planning and Development for the Los Angeles Dodgers: This week, host Colbert Cannon sits down with Janet Marie Smith, Executive Vice President of Planning and Development for the Los Angeles Dodgers. Janet discusses her role in reimagining such legendary baseball stadiums as Camden Yards, home to the Baltimore Orioles, and Fenway Park, the baseball park for the Boston Red Sox. Janet shares how she works with a variety of stakeholders in each city to renovate their stadiums to be highly functional for modern-day sports audiences’ while maintaining their historic integrity in order to create a stadium that feels truly bespoke to the city it represents. She discusses how she’s brought this “preservationist streak” to her latest project, Los Angeles’ Dodger Stadium. Janet shares how she’s putting the stadium’s communal spirit at the forefront with each decision as she works to rebuild the iconic ballpark for the multicultural community that is Los Angel by The HPScast

20 min listen

Paul Knollmeyer - Chief Financial and Risk Officer at HPS Investment Partners: Join host Colbert Cannon as he sits down with Paul Knollmeyer, Managing Director and Chief Financial Officer at HPS Investment Partners. Paul breaks down how he was able to leverage the expertise that he acquired at Pricewaterhouse in the late 80s into a position as CFO for Griffin Group, the family office of media and entertainment mogul Merv Griffin. He shares how that role broadened his experience deploying capital, including his first exposure to distress investing in real estate coming out of the savings and loan crisis. Then, we discuss Paul’s tenure as COO at Ortelius Capital Partners through the 2008 financial crisis, and his decision to join HPS, then Highbridge Principal Strategies, as its CFO and Chief Risk Officer. He shares how he helped to navigate the successful buyout of Highbridge Principal Strategies from JP Morgan in 2016. And we look ahead to the risks and opportunities that lay ahead in by The HPScast

27 min listen

Nicholas Gartside - Chief Investment Officer and Board of Management at Munich RE: Host Colbert Cannon sits down with Nicholas Gartside, Chief Investment Officer and member of the Board of Management at Munich RE. Nicholas breaks down what it was like to sit in an investing seat as the Head of Global Fixed Income at Schroder Investment Management during the global financial crisis in 2008. Then, we hear about Nicholas’ transition to manage a €250 billion insurance portfolio at Munich RE. He shares how he maneuvers a multi-asset portfolio anchored heavily in long-duration fixed income assets through turbulent markets. And Nicholas lends his perspective on how Munich RE, as a member of the United Nations’ Net-Zero Asset Owner Alliance, is engaging meaningfully with companies to make ESG initiatives integral to corporate culture. by The HPScast

21 min listen

Faith Rosenfeld - Chief Administrative Officer at HPS Investment Partners: On this week’s episode, host Colbert Cannon sits down with Faith Rosenfeld, Chief Administrative Officer at HPS Investment Partners. Faith recounts the many roles she took on during her 15-year tenure at Goldman Sachs and how one of those roles led her to taking a “blank sheet of paper” approach. Then, Faith discusses her leap into entrepreneurship as a Founding Partner of The Beacon Group, a private equity and advisory firm later acquired by JP Morgan Chase. She shares how business ownership further broadened her unique set of skills and prepared her to join HPS, then Highbridge Principal Strategies, as one of its first-ever employees. We talk about the evolution of the firm to today – and look ahead to how it is integrating ESG strategies from a private credit perspective and fostering an entrepreneurial spirit in its talent. by The HPScast

28 min listen

Hugo Nathan - Founding Partner of Beaumont Nathan: We’re back with Season 8 of The HPScast. Join us as host Colbert Cannon sits down with Hugo Nathan, a Founding Partner of Beaumont Nathan, an art advisory firm based in London and New York. Hugo shares how he found his way into the alluring world of international art trading, and his formative early years at Simon Dickinson. Hugo shares stories from his 15-year tenure at the firm as he rose through its ranks, eventually being named President. Then, we discuss his decision to strike out on his own, alongside now partner, Wentworth Beaumont, to form their international art advisory and market intelligence firm, Beaumont Nathan. Hugo offers keen insights into entrepreneurship and how to do well in an industry built on relationships. He also shares his recent work with HPS Investment Partners' to help build out its diverse, and highly thoughtful art collection, including some of his favorites by both accomplished artists such as Alexander by The HPScast

23 min listen

The HPScast - Season 7 Finale: This week marks the end of Season 7 of The HPScast. Join host Colbert Cannon as he looks back at some key moments from the season. We hear key insights from titans across industries – from commercial real estate to English football, plus more than a few masters of analytics working to enhance everything from risk assessment to global literacy. We’ll be back in the second half of 2023 with all new episodes. Until then, catch up on any conversations you might have missed. Or try out one of the many Best Ideas shared in each episode. You can find links to those in the show notes of each episode. by The HPScast

13 min listen

Deji Davies - Head of European Loan Trading at J.P. Morgan: Host Colbert Cannon speaks with Deji Davies, Head of European Loan Trading at J.P. Morgan. We discuss his experience managing J.P. Morgan’s par and stressed trading operation through market volatility. He shares how he balances a foundational understanding of corporate credits against a commitment to remaining nimble as markets evolve in the short term. Deji also shares his background as a semi-professional soccer player, or footballer for our international audience, at clubs including Boreham Wood and Slough Town. Then, we discuss his most recent appointment as Chair of the Inclusion Advisory Board at The Football Association and how he plans to lead the charge for greater representation and more accessibility in the sport. by The HPScast

23 min listen

Jae S. Yoon - Chief Investment Officer of New York Life Investment Management: Join host Colbert Cannon in conversation with Jae S. Yoon, Chief Investment Officer of New York Life Investment Management and Chairman of New York Life Investment Asia. Jae shares how he turned a proclivity for mathematics into quantitative analysis roles in risk management for the Asia offices of firms like Merrill Lynch and J.P. Morgan. We hear how he navigated turbulent times such as the 1997 Asian financial crisis. We then pivot to discuss Jae’s role as a macro manager for New York Life Investment Management, the asset management business of New York Life Insurance. He shares how he uses everything from historical events like the Great Inflation of the 1970s to conversations with cab drivers to build a robust understanding of the local markets that shape our global economy. by The HPScast

23 min listen

Michael Fenstermacher - Managing Director and Co-Head of North American Core Senior Lending at HPS: This week, host Colbert Cannon sits down with friend and colleague Michael Fenstermacher, a Managing Director and the Co-Head of North American Core Senior Lending at HPS Investment Partners. We talk about his early days at Bank One, where he got his start in credit lending. He walks us through Bank One’s eventual merger with J.P. Morgan and how he decided to make the move to the latter’s New York City office during that transition. We discuss the diversity of learning opportunities and exposure to investment banking that Michael steeped himself in during that time before coming to HPS in 2008. He shares what it was like to join the firm’s direct lending arm amid the global financial crisis. Then, he offers a look into the evolution of the direct lending landscape in relation to the broadly syndicated market and how current market volatility is impacting the space. by The HPScast

24 min listen

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Market Commentary from the 2023 Milken Institute Global Conference

Market Commentary from the 2023 Milken Institute Global Conference

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