Podcasts about kkr

US equity futures are pointing modestly higher after a mixed Wednesday close, with Asian markets broadly lower and European equities trading mostly weaker. Technology and AI concentration risk remained the dominant theme. Investors continued rotating toward cyclical sectors. More volatility seen in precious metal prices overnight. Geopolitical risk stayed elevated as headlines around renewed US-Iran nuclear talks drove sharp volatility in energy and precious metals markets, while attention also turned to upcoming large-cap technology earnings later in the week.Companies Mentioned: SpaceX, Nvidia, Bytedance, KKR

What if the future of clean energy isn't decided in Washington, Brussels, or Beijing, but in Lagos, Nairobi, and Addis Ababa? Are we underestimating how fast the Global South is leapfrogging fossil fuels? And what happens when clean energy becomes the cheapest, fastest path to development, not a climate sacrifice?In this episode of Cleaning Up, Michael Liebreich is joined for a third time by Damilola Ogunbiyi, CEO and UN Special Representative for Sustainable Energy for All and Co-Chair of UN Energy. Together, they explore how Africa and the wider Global South are quietly reshaping the global energy transition, from rapid growth in solar, storage, mini-grids, and EVs to bold policy moves that many developed economies haven't dared to make.They dive into why energy access is about dignity, health, and gender equality; why finance, not technology, is the real bottleneck; and how local capital, data, and innovation could determine whether “Most of World” powers its future with clean energy or fossil fuels.Leadership Circle:Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Davidson Kempner, EcoPragma Capital, EDP, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, Schneider Electric, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live.Links and more:Sustainable Energy For All: https://www.seforall.orgDamilola's past appearances on Cleaning Up:https://youtu.be/TbN1Y1C0idohttps://youtu.be/VcpNOmm1pMwBan Ki-moon on Cleaning Up: https://youtu.be/B14_MeRhfBwThe Sierra Leone Documentary: https://youtu.be/z-5QjSfy2SMClemens Calice on Cleaning Up: https://youtu.be/urmP7zN6n04Alain Ebobissé on Cleaning Up: https://youtu.be/ISTvp0BQz3E

In this episode, Scott Becker reviews the YTD performance of the largest private equity and alternative asset managers, ranking Carlyle, Apollo, Blackstone, TPG, and KKR from best to worst.

In this episode of Status Check with Spivey, Mike interviews General David Petraeus, former director of the Central Intelligence Agency and Four-Star General in the United States Army. He is currently a Partner at KKR, Chairman of the KKR Global Institute, and Chairman of KKR Middle East. Prior to joining KKR, General Petraeus served for over 37 years in the U.S. military, culminating in command of U.S. Central Command and command of coalition forces in Afghanistan. Following retirement from the military and after Senate confirmation by a vote of 94-0, he served as Director of the CIA during a period of significant achievements in the global war on terror. General Petraeus graduated with distinction from the U.S. Military Academy and also earned a Ph.D. in international relations and economics from Princeton University. General Petraeus is currently the Kissinger Fellow at Yale University's Jackson School. Over the past 20 years, General Petraeus was named one of America's 25 Best Leaders by U.S. News and World Report, a runner-up for Time magazine's Person of the Year, the Daily Telegraph Man of the Year, twice a Time 100 selectee, Princeton University's Madison Medalist, and one of Foreign Policy magazine's top 100 public intellectuals in three different years. He has also been decorated by 14 foreign countries, and he is believed to be the only person who, while in uniform, threw out the first pitch of a World Series game and did the coin toss for a Super Bowl. Our discussion centers on leadership at the highest level, early-career leadership, and how to get ahead and succeed in your career. General Petraeus developed four task constructs of leadership based on his vast experience at the highest levels, which can be viewed at Harvard's Belfer Center here. He also references several books on both history and leadership, including:Damascus Station: A Novel by David McCloskeyThe Best and the Brightest by David HalberstamThe Gamble: General David Petraeus and the American Military Adventure in Iraq, 2006-2008 by Thomas E. Ricks We talk about how to stand out early in your career in multiple ways, including letters of recommendation and school choice. We end on what truly matters, finding purpose in what you do.General Petraeus gave us over an hour of his time in his incredibly busy schedule and shared leadership experiences that are truly unique. I hope all of our listeners, so many of whom will become leaders in their careers, have a chance to listen.-Mike SpiveyYou can listen and subscribe to Status Check with Spivey on ⁠⁠Apple Podcasts⁠⁠, ⁠⁠Spotify⁠⁠, and ⁠⁠YouTube⁠⁠. You can read a full transcript with timestamps here.

Silver and Gold – Still Going. Big week for earnings. Fed decision on Wednesday. Nat Gas price exploding higher. US Dollar drops hard over past few days. PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter Warm-Up - What we learned from Davos - President Miyagi - tariffs on, tariffs off - January: stocks are trying to finish with gains - Small-caps flying - S&P  500: All-time highs going into earnings Markets - Silver and Gold - Still Going - Big week for earnings - Fed decision on Wednesday - Nat Gas price exploding - US Dollar drops hard over past few days Can't Keep Track Anymore -Trump has announced he is raising tariffs on South Korean imports to 25% after accusing Seoul of "not living up" to a trade deal reached last year. - In a post on social media, Trump said he would increase levies on South Korea from 15% across a range of products including automobiles, lumber, pharmaceuticals and "all other Reciprocal TARIFFS". - South Korea is planning on voting on the "agreement" with the US in February - KOSPI hits all-time high after being down 1% on the news - S. Korea President re-affirms their commitments Davos - 2026 - What we learned - Not much - Same bifurcated view of the world - Trump backed off the Greenland threats - Framework of a "deal" / "plan" - So, no tariffs - (Going to get a boy who cried wolf ....) Gold and Silver - Off to the races - Silver was up again in a big way Monday. Fell back down to earth (up 5% from up 15% earlier in the day - Hovering around $110 - that is impressive - parabolic move - GOLD! - Proving itself as a USD hedge and safety trade (Bitcoin in the dust) - Gold above $5,000 per ounce - - Plenty of reports that central banks are buying up| - USD weakness Economy - Still Strong - The US economy expanded in the third quarter by slightly more than initially reported, supported by stronger exports and a smaller drag from inventories. - Inflation-adjusted gross domestic product increased at a revised 4.4% annualized rate, the fastest in two years, according to Bureau of Economic Analysis data. - Consumer spending advanced at a 3.5% annualized pace last quarter, reflecting the fastest pace of outlays for services in three years, while spending on goods also accelerated from the previous quarter. Amazon - Trimming.... 30,000 jobs is plan - First half of that was in October and now trhery are laying off the remainder - CEO Jassey says that it is not financial of AI issues ---- Again - why so important to state that and make that a focal point? - Layoffs amount to 10% of the corporate workforce - Company still has 1.5 million employees Comeback? - Spirit Airlines is in talks with investment firm Castlelake for a potential takeover of the discount airline, CNBC has learned. - Remember, all started when Jetblue deal was blocked - Frontier tried - Spirit tried a few times to get head above water - nothing worked Booz Cancelled - Treasury Secretary Scott Bessent canceled department contracts with the consulting firm Booz Allen Hamilton, whose employee leaked President Donald Trump's tax records to The New York Times. - The department noted that between 2018 and 2020, Booz Allen employee Charles Edward Littlejohn “stole and leaked the confidential tax returns and return information of hundreds of thousands of taxpayers.” - Booz Allen Hamilton's stock price dropped by more than 10% on the heels of the Treasury Department's announcement. - Why does Booz have tax records in the first place? - Stock down 50% since end of 2024 Private Credit - BlackRock TCP Capital shares lower by 13% after it disclosed Friday night that net asset value declined approximately 19.0%; other private credit stocks falling in sympathy - The Company's net asset value per share as of December 31, 2025 to be between approximately $7.05 and $7.09, an anticipated decline of approximately 19.0% during the quarter ended December 31, 2025, compared to a net asset value per share of $8.71 as of September 30, 2025. - This decline is primarily driven by issuer-specific developments during the quarter. - The Company's net investment income per share to be between approximately $0.24 and $0.26 for the three months ended December 31, 2025. - Decliners: TCPC -13.40% OWL -3.07% ARES -3.30% KKR -2.08% BAM -0.41% CG -0.33% Zoom Communications - Valuation of Anthropic stake - The news is driving shares higher as analysts suggest ZM's $51 mln stake could now be worth between $2-$4 bln based on Anthropic's rumored $350 bln valuation, effectively acting as a "hidden gem" on its balance sheet. - From a fundamental perspective, the company's performance has also significantly improved, evidenced by its Q3 beat-and-raise report in late November where revenue rose 4.4% yr/yr to $1.23 bln. - This stronger financial performance is being driven by robust growth in the Enterprise segment, the rapid adoption of AI Companion features, and the scaling of adjacent growth businesses like Zoom Contact Center and Workvivo. - Consequently, the combination of high-margin operational rigor -- highlighted by a 41.2% non-GAAP operating margin -- and the massive unrealized gains from its AI investments has shifted investor sentiment firmly back toward growth. UNH and Health Stocks - DOWN 20% today - The administration's proposal (via the Centers for Medicare & Medicaid Services, or CMS) for Medicare Advantage reimbursement rates to rise by only 0.09% in 2027. This was far below Wall Street expectations of 4-6% (or higher), following a more generous ~5% increase for 2026. - The near-flat rate aims to improve payment accuracy, curb overbilling practices, and protect taxpayers, according to CMS statements, but it sparked widespread concerns about squeezed insurer margins, potential benefit cuts for seniors, reduced plan offerings, or market exits. - UnitedHealth has significant exposure to Medicare Advantage (roughly 30% of national enrollment), making it particularly vulnerable. The proposal, announced late Monday (January 26), led to a broader sell-off in health insurers: - - Humana (HUM) plunged over 20-21%. - - CVS Health (CVS) and Elevance Health (ELV) each dropped around 13-14%. Tech Earnings Microsoft (MSFT) Reports: Wednesday, January 28 (After Market Close) - Wall Street Expectations:  Earnings per share (EPS): about $3.86 and Revenue: about $80 billion - Growth: high teens year over year revenue growth - Investors are focused on Azure and broader cloud growth, particularly how much of that growth is coming from AI related demand. Microsoft has built a reputation for consistent execution, which also means expectations are high. The critical issues will be cloud growth sustainability, margin stability, and how aggressively management plans to keep spending on AI infrastructure. Meta Platforms (META) Reports: Wednesday, January 28 (After Market Close) - Wall Street Expectations:  EPS: about $8.15–$8.20 and Revenue: about $58–$59 billion - Growth: roughly 20–21% year over year revenue growth - Advertising remains the core driver, with AI driven ad targeting continuing to improve returns for advertisers. While topline growth expectations remain strong, investors are closely watching expense growth. The biggest question is whether rising AI and infrastructure spending can be managed without eroding margins or spooking investors, as Meta works through the next phase of its AI strategy. Tesla (TSLA) Reports: Wednesday, January 28 (After Market Close) - Wall Street Expectations:  EPS (non GAAP): about $0.40–$0.45 and Revenue: about $24.5–$25 billion - Trend: earnings expected to be sharply lower than a year ago - Tesla enters earnings with the weakest expectations among the major tech names this week. Vehicle deliveries declined year over year, and automotive margins remain under pressure. While the energy and services segments continue to grow, they are not yet large enough to offset slowing EV demand. - Investors will be far more focused on forward guidance than on the quarter itself—particularly updates on Full Self Driving, robotaxis, and the broader AI roadmap. Apple (AAPL) Reports: Thursday, January 29 (After Market Close) Wall Street Expectations -  EPS: about $2.65–$2.67 and Revenue: about $138 billion Growth: approximately 11–12% year over year revenue growth - This is Apple's most important quarter of the year. Expectations call for record revenue driven by the iPhone 17 cycle and continued Services growth. The focus will be on margins, China demand, and forward guidance—particularly how higher costs (memory prices and tariffs) may impact profitability. Apple typically beats expectations, but the stock reaction will hinge on what management says about growth beyond this quarter. Company Ticker Report Date Est. EPS Key Focus Area Microsoft MSFT Wed, Jan 28 (AMC) $3.92 Azure AI revenue growth & CapEx spending Meta Platforms META Wed, Jan 28 (AMC) $8.17 Ad monetization of AI & 2026 CapEx guidance Tesla TSLA Wed, Jan 28 (AMC) $0.45 Full Self-Driving (FSD) & Robotaxi updates Apple AAPL Thu, Jan 29 (AMC) Varies iPhone 17 demand & Apple Intelligence rollout ServiceNow NOW Wed, Jan 28 (AMC) $0.88 Enterprise AI software adoption rates IBM IBM Wed, Jan 28 (AMC) $4.28 Hybrid cloud and watsonx performance *AMC = After Market Close; EPS = Earnings Per Share (Consensus Estimates) Boeing - The company's airplane deliveries last year were the highest since 2018, helping drive revenue. Boeing brought in $23.9 billion in the last three months of 2025, a 57% increase over the same period in 2024 and topping analysts' expectations. Cash flow of $400 million was roughly double what Wall Street was expecting. - Boeing brought in $23.9 billion in the last three months of 2025, a 57% increase over the same period in 2024. The airplane manufacturer delivered 600 airplanes last year, up from 348 a year earlier. Another MoonShot - U.S. natural gas prices surged over 17% on Monday morning, climbing above $6 for the first time since late 2022. - It comes as Winter Storm Fern leaves hundreds of thousands without power and forces mass flight cancellations. - The National Weather Service has forecast wind chills as low as -50 degrees Fahrenheit (-45.56 degrees Celsius) across the eastern two-thirds of the U.S. this week. -Up 68% YTD - Nat gas is used in a whole lot of things - electrical grid 43% is fueled by Nat Gas Government - Not Again! - Seems like Dems are threatening a shutdown again - A partial U.S. government shutdown is set to begin on Friday, January 30, 2026. - The Senate is expected to vote on a funding package to avert this shutdown, with delays from a winter storm pushing initial votes to at least January 27, 2026 - The issue is being exacerbated with the ICE / Minnesota issues This is precious - Ex-finance minister Noda currently co-heads largest opposition party - He says that Japan unlikely to get international consent for intervention - Yen, bond selloff requires Japan to be in crisis mode, he says - Government must vow to restore fiscal discipline to end yen fall, Noda says - Japan must create environment allowing for steady BOJ rate hikes, he says - THIS shows us all that the whole thing with these guys/gals is all political. - NEVER EVER if he was in the role would he say anything like this.       Love the Show? Then how about a Donation? ANNOUNCING THE WINNER OF THE THE CLOSEST TO THE PIN CUP 2025 Winners will be getting great stuff like the new "OFFICIAL" DHUnplugged Shirt!     FED AND CRYPTO LIMERICKS   See this week's stock picks HERE Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter

How do we model the climate system? How warm will 2026 be? And can geoengineering be anything more than a bandaid?  This week on Cleaning Up, Bryony Worthington sits down with leading climate scientist Dr. Zeke Hausfather on the day the 2025 global temperature data is released. Despite a La Niña year, the planet has just experienced one of its hottest years on record — pushing us ever closer to the 1.5°C threshold. Zeke explains why recent warming has accelerated, how declining air pollution may be unmasking hidden heating, and what disappearing cloud cover could mean for climate sensitivity.  The conversation ranges from the surprising accuracy of early climate models, the risks of rising nationalism, and what the U.S. withdrawal from international science means for the world.  They also tackle controversial questions:  Are worst-case climate scenarios still plausible? Is geoengineering a dangerous distraction — or an emergency brake? And can carbon removals ever work economically at scale. Leadership Circle: Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Davidson Kempner, EcoPragma Capital, EDP, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Discover more: Zeke's articles in the New York Times: https://www.nytimes.com/by/zeke-hausfather Zeke on LinkedIn: https://www.linkedin.com/in/zeke-hausfather-7327699/ Zeke's Blog on Substack: https://www.theclimatebrink.com/p/my-2026-and-2027-global-temperature  

The infrastructure fund industry has become one of the most powerful engines behind the rise of renewables and datacenters. With Zak Bentley, Americas Editor, Infrastructure Investor (part of the PEI Group), Laurent and Gerard cut through the noise to deliver a clear-eyed view of where the infrastructure market really stands today.  2025 smashed fundraising records, with c.USD300bn raised, but it also laid bare an uncomfortable truth: this is a market in consolidation mode. Capital is concentrating fast, and the biggest platforms are pulling further ahead.  Global Infrastructure Partners set a new benchmark with its USD25.2bn Fund V, the largest infrastructure fund ever raised. Macquarie closed more than USD8bn for Infrastructure Partners VI, including co-investments, while Blackstone raised USD5.5bn for Strategic Partners Infrastructure IV, the largest infrastructure secondaries fund to date. Brookfield, KKR, Copenhagen Infrastructure Partners, and Ardian were also among the clear winners. Scale matters, and the leaders are taking an ever-larger share of the pie.  Fundraising may look healthier on the surface, but the process has become longer and harder. Time on the road has stretched to around 25 months, meaning a large portion of the capital “raised” in 2025 was secured across 2023 and 2024. This is not a detail; it is the clearest symptom of the barbell dynamic now dominating infrastructure fundraising, where capital flows either to the very largest platforms or to highly differentiated specialists.  Sector trends are also evolving. Airports and toll roads, written off after COVID, are back in favour. Social infrastructure is fading. ESG has been reset, not abandoned, and gas infrastructure is once again being embraced, often relabelled as energy transition to make it palatable. Datacenters sit at the centre of everything, hoovering up capital and pulling renewables and grid infrastructure along with them.  The discussion goes straight at the hard questions: are genuinely new sectors emerging, can today's giants realistically keep getting bigger, and is there still room for ultra-specialised strategies? The answer is increasingly clear. Bigger is not automatically better. Investors are becoming far more selective, and many are shifting capital toward focused, mid-market funds that offer expertise rather than sheer scale.  -----Berlin Infrastructure Conference – 24 to 27/3https://www.peievents.com/en/checkout/?peievcc-event-id=113021    Link to Nat Bullard – 200 pages yearly deck https://www.nathanielbullard.com/presentations      

President Trump lifted markets after rolling back threats of tariffs on Europe and saying he had a deal with NATO over Greenland. Stifel's Brian Gardner breaks down the key aspects of the President's speech at Davos and interview on CNBC. The market reaction with Partners Group CIO Anastasia Amorosa. The playbook for 2026 amid global volatility with KKR's Henry McVey. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Why does Africa, home to 18% of the world's population, receive just 1% of global energy investment? What's stopping money from flowing to the continent when it has such good wind and solar potential? And what would it take to unlock an energy boom that benefits both Africa and Europe?Spread across 54 countries and with a combined GDP the size of Italy, Africa's population is young and growing rapidly. It is set to grow from 1.5 billion people today to 2.5 billion by 2050. And it could reach 4 billion by 2100, accounting for two out of every five people on the planet.  Africans want and deserve the same prosperity shared by richer parts of the world. And that means investment. So why is investment not flowing? This week on Cleaning Up, Michael Liebreich speaks with Clemens Calice, CEO and founder of Cygnum Capital, which invests around $1.3 billion in Africa's energy transition. Together they explore why risk perception and outdated models are slowing investment across Africa. From rooftop solar for factories and mines, to electric motorbikes, power pools, and the geopolitics of gas, this episode makes the pragmatic case for how Africa can leapfrog to a cleaner, more resilient energy future.Leadership Circle:Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Cygnum Capital, Davidson Kempner, EcoPragma Capital, EDP, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live.Discover more:Cygnum Capital: https://www.cygnumcapital.comEpisode 196, Lucy Heintz of Actis: https://www.youtube.com/watch?v=nhGDI_0QIHgEpisode 216, Daniel Calderon of Alcazar Energy: https://www.youtube.com/watch?v=WMhFOWO4C84Episode 120, Ana Hajduka, founder of Africa Green Co.: https://www.youtube.com/watch?v=ktWh_G6Sw_g

Allen covers court victories allowing Empire Wind and Revolution Wind construction to resume, while Vineyard Wind joins the legal fight. In the UK, EnBW walks away from Mona and Morgan with a $1.4B write-off, even as KKR and RWE announce a $15B partnership for Norfolk Vanguard. Plus Ørsted’s leaked “Project Dragon” reveals the offshore giant is considering Chinese turbines, and Fortescue breaks ground on Australia’s Nullagine Wind Project using Nabrawind’s self-erecting tower technology. Sign up now for Uptime Tech News, our weekly newsletter on all things wind technology. This episode is sponsored by Weather Guard Lightning Tech. Learn more about Weather Guard’s StrikeTape Wind Turbine LPS retrofit. Follow the show on YouTube, Linkedin and visit Weather Guard on the web. And subscribe to Rosemary’s “Engineering with Rosie” YouTube channel here. Have a question we can answer on the show? Email us! Last week I told you about Equinor’s ultimatum. Resume construction by January sixteenth… or cancel Empire Wind forever. Well… the courts have spoken. Last Thursday, Judge Carl Nichols issued his ruling. Empire Wind can resume construction. The harm from stopping, he said, outweighs the government’s concerns. One day earlier, Ørsted won the same relief for Revolution Wind. And now Vineyard Wind has joined the fight in Massachusetts. Three projects. Three courtrooms. Two victories and one victory yet to come. Meanwhile in Britain… a different kind of drama. German utility EnBW announced Thursday it is walking away from two major UK projects. Mona and Morgan. Three gigawatts of potential capacity. The cost of leaving? One point four billion dollars in write-offs. Eight hundred forty million pounds already paid… gone. Rising costs. Lower electricity prices. Higher interest rates. Their partner, Jera Nex BP, says they still see good pathways forward. But EnBW has had enough. Yet in the very same week… Investment giant KKR and German utility RWE announced a fifteen billion dollar partnership. Norfolk Vanguard East and West. Three gigawatts. One hundred eighty-four turbines. Power for three million British homes. Big winners and losers. In the same market. In the same week. Danish media outlet Berlingske obtained a confidential report from Ørsted’s procurement department. The world’s largest offshore wind developer… is exploring whether to buy turbines from China. They call it Project Dragon. The plan covers twenty-twenty-six through twenty-twenty-eight. CEO Rasmus Errboe told reporters they continuously evaluate all technologies and suppliers. Quality. Technical capabilities. Commercial conditions. He did not deny the report. For years, European developers have resisted Chinese turbines. Fear of losing their industry to China… just like they lost solar manufacturing a decade ago. But Ørsted is under pressure. In Australia, Fortescue has broken ground on its first wind project in the Pilbara. The Nullagine Wind Project. One hundred thirty-three megawatts. Seventeen turbines. But here is what makes it special. Nabrawind’s self-erecting tower technology. Hub height of one hundred eighty-eight meters. A new global benchmark for onshore wind. No giant cranes required. Fortescue plans two to three gigawatts of renewable energy across the Pilbara by twenty-thirty. Wind. Solar. Batteries. To power their mining trucks. Their drills. Their processing plants. Last week we talked about Equinor’s deadline. About Ørsted losing one and a half million euros every single day. About billions in limbo. This week… the courts stepped in. Empire Wind resumes. Revolution Wind continues. Vineyard Wind fights on. All while the North Sea quietly crossed a milestone. One hundred one operational wind farms. Thirty gigawatts of clean power. More than any body of water on Earth. Some companies are walking away. Others are doubling down with fifteen billion dollar bets. The wind industry is evolving very quickly. And that’s the state of the wind industry for the 19th of January 2026. Join us tomorrow for the Uptime Wind Energy Podcast.

In der heutigen Folge sprechen die Finanzjournalisten Daniel Eckert und Lea Oetjen über bittere Enttäuschungen bei den US-Großbanken, die fünf Blockbuster von Bayer und den großen Oracle-Streit. Außerdem geht es um Bank of America, Citigroup, Wells Fargo, Tesla, Fresenius Medical Care, RWE, KKR & Co, Apollo Global Management, EQT AB, iShares MSCI Japan (WKN: A0DK60), Vanguard FTSE Japan Distributing (WKN: A1T8FU) und Amundi Core MSCI Japan (WKN: LYX0YC). Wir freuen uns an Feedback über aaa@welt.de. Noch mehr "Alles auf Aktien" findet Ihr bei WELTplus und Apple Podcasts – inklusive aller Artikel der Hosts und AAA-Newsletter. Hier bei WELT: https://www.welt.de/podcasts/alles-auf-aktien/plus247399208/Boersen-Podcast-AAA-Bonus-Folgen-Jede-Woche-noch-mehr-Antworten-auf-Eure-Boersen-Fragen.html. Der Börsen-Podcast Disclaimer: Die im Podcast besprochenen Aktien und Fonds stellen keine spezifischen Kauf- oder Anlage-Empfehlungen dar. Die Moderatoren und der Verlag haften nicht für etwaige Verluste, die aufgrund der Umsetzung der Gedanken oder Ideen entstehen. Hörtipps: Für alle, die noch mehr wissen wollen: Holger Zschäpitz können Sie jede Woche im Finanz- und Wirtschaftspodcast "Deffner&Zschäpitz" hören. +++ Werbung +++ Du möchtest mehr über unsere Werbepartner erfahren? Hier findest du alle Infos & Rabatte! https://linktr.ee/alles_auf_aktien Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutz: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

How do we build a clean energy system while bringing UK bills down? Can the UK's landmark Climate Change Act stand up to a fractured climate politics? And does increasing global instability make home-grown energy more important than ever?This week's episode of Cleaning Up comes to you from inside of the UK's Department for Energy Security and Net Zero, where last week Bryony Worthington sat down with Katie White MP, the UK's recently appointed Climate Minister, to discuss her new role, what she's excited about, and current challenges that she's facing.Katie and Bryony met more than 20 years ago when they worked together at Friends of the Earth on the campaign for the Climate Change Act. In her new role, Katie is now the minister responsible for carbon budgets and net zero, alongside other climate priorities. It was only 12 months after she was elected as an MP for Leeds North West that Katie was promoted Climate Minister, in what she's described as her dream job.From their shared history campaigning for the Climate Change Act to today's challenges of energy affordability, electrification and public consent, Katie and Bryony unpack what's working, what isn't, and how to connect climate action to lower bills, stronger security and a better quality of life.Leadership Circle:Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Cygnum Capital, Davidson Kempner, EcoPragma Capital, EDP, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live.Discover more:Katie White biography and brief: https://www.gov.uk/government/people/katie-whiteKatie White's constituency website: https://katiewhitemp.org.uk/

Mustafizur Rahman was not representing Bangladesh; he was representing Kolkata. Singling him out simply because of his nationality shows a selective and convenient moral logic. Watch Amana Begam Ansari explain why Mustafizur's removal from KKR isn't the same as boycotting match with Pakistan in this week's column for #ThePrint:

In this second Best Of compilation, our team distilled the most powerful insights from 2025, and some from 2024—of Investing in Integrity. Spanning leadership, culture, and purpose-driven finance and investing, this special edition brings together defining moments from more than 40 conversations with some of the world's most thoughtful executives, investors, and builders.Rather than a simple highlight reel, this episode revisits key voices across multiple dimensions of leadership — reflecting how the same principles show up differently in how we lead, how we build culture, and how we deploy capital. Selecting these moments was no easy task, but each was chosen for its ability to inspire us to think more deeply our lives and our work. It's divided into three sections:Leadership That Transforms: We begin with reflections on leadership at its core — how leaders think, grow, and show up when stakes are high. Featuring Howard Marks, Co-Founder and Co-Chairman of Oaktree Capital Management; Bill George, former Board Director at Goldman Sachs, Executive Education Fellow at Harvard Business School, and author of True North; Doug Kimmelman, Senior Partner at ECP; and Steve Ellis, Co-Managing Partner of The Rise Fund at TPG, this section explores humility, self-awareness, conviction, and the evolving nature of values. Together, these insights illuminate what it truly means to lead with character in complex environments.Culture, Purpose & Integrity: We shift into the essential work of shaping organizational culture through the experiences of Bei Ling, CHRO at Wells Fargo; Pamela Alexander, Head of Corporate Citizenship at KKR; and Howard Marks (returning), this section reveals how trust is built, how purpose is operationalized, and how integrity becomes a guiding force inside the world's most influential institutions.Finance as a Force for Good: Finally, we explore how leadership and culture translate into action — particularly in the world of finance. Featuring Steve Ellis (returning), Trae Stephens, General Partner at Founders Fund, and Greg Shell, Partner at Goldman Sachs, this closing section demonstrates how capital, when aligned with long-term thinking and human impact, can be a powerful force for good. These voices challenge us to move beyond profit alone toward outcomes that expand opportunity and strengthen communities.In closing, Howard Marks shares a final reflection on generosity, underscoring the importance of giving back as a cornerstone of purposeful leadership.Whether you're leading a team, shaping culture, entering finance, or striving to grow personally and professionally, this episode is designed to accelerate your development and deepen your sense of purpose.This compilation isn't just a highlight reel — it's a blueprint.A blueprint for leadership anchored in character.A blueprint for careers aligned with purpose.A blueprint for a financial system that lifts society up.We've curated this episode to equip you with actionable insights you can carry into your work, your relationships, and your life.

Scott and Eben discuss the Japanese company that helped the Houston Astros sign Tatsuya Imai. They also talk about the Las Vegas Athletics, the Winter Olympics, and KKR's push to buy Arctos Partners. Learn more about your ad choices. Visit megaphone.fm/adchoices

Is the link between oil and geopolitics starting to diminish? Has climate consensus fractured just as clean energy hits escape velocity? And are batteries, not barrels, becoming the true source of power and security?In the first episode of Season 17 of Cleaning Up, Michael Liebreich and Bryony Worthington unpack a turbulent start to 2026. From shock geopolitical moves in the Americas and riots in the Middle East to the curious calm of a $60 oil price, they explore whether fossil fuels still move the world the way they once did. The conversation ranges from the collapse of climate multilateralism and Europe's energy malaise to the unstoppable rise of electrification, batteries, and system-level clean energy solutions across China, India, Africa, and the “rest of the world.”Leadership Circle:Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Davidson Kempner, EcoPragma Capital, EDP, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live.Discover more:The Electrification Staircase: https://www.watts-next.eu/ Kingsmill Bond on Cleaning Up: https://www.youtube.com/watch?v=G2bsoCOznXkArunabha Ghosh on Cleaning Up: https://www.youtube.com/watch?v=qMrn-JewoCoRachel Kyte on Cleaning Up: https://www.youtube.com/watch?v=V1m2lm2n_EECatch up on Season 16 of Cleaning Up: https://www.youtube.com/playlist?list=PLe8ZTD7dMaaDWQkhmAsaQ28p0h3Lw5I6v

Utah AD Mark Harlan talks PE, NIL & facilities, KKR acquires Arctos, Ohio State x Learfield extension coming and more.We would love to know what you think of the show and you can let us know on social media @D1ticker.If you are not subscribed to D1.ticker, you can and should subscribe at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.d1ticker.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.

養命酒製造養命酒製造は３１日までに、株式の非公開化に向けて米投資ファンド、コールバーグ・クラビス・ロバーツに付与していた優先交渉権を失効させたと発表した。 Yomeishu Seizo Co. has canceled preferential negotiation rights it granted to U.S. investment fund KKR to take the Japanese company private, according to the herbal health tonic maker.

Excerpt from Beyond Markets Podcast, originally published on 13.08.2025.This episode is part of a special two-week series featuring highlights from Julius Baer's recent Beyond Markets podcasts. Our regular show that starts with daily market news returns on Monday 5th January.In this episode of Beyond Markets, Mark Matthews, Head of Research Asia at Julius Baer, speaks with General David H. Petraeus, Partner at KKR and former US Army General, about leadership lessons from his distinguished military career and how they translate to the corporate world. Their conversation explores recent conflicts, including the India–Pakistan skirmish, the US withdrawal from Afghanistan, and the Russia–Ukraine war, highlighting the critical role of deterrence. They also examine the future of US energy policy amid shifting dynamics in the Middle East and global oil markets, consider China's growing influence in the Western Hemisphere and its implications, and explore regions with strong potential for development.(00:00) - Introduction: Helen Freer, Product & Investment Content (00:41) - From Battlefield to Boardroom: Leadership in a changing world: Mark Matthews, Head of Research Asia and General David H. Petraeus, Partner at KKR and former US Army General (10:57) - Closing remarks: Helen Freer, Product & Investment Content Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.

For more thoughts, clips, and updates, follow Avetis Antaplyan on Instagram: https://www.instagram.com/avetisantaplyanIn this episode of The Tech Leader's Playbook, Avetis Antaplyan sits down with Isabelle Tashima, a growth equity investor at Volition Capital, to cut through the AI hype and unpack what truly drives breakout success in internet and consumer technology companies. Isabelle brings a unique perspective shaped by her experience across Goldman Sachs, Wells Fargo, KKR, and now Volition, where she focuses on backing capital-efficient founders who have achieved product-market fit with strong fundamentals.The conversation explores Volition's contrarian investment philosophy, why bootstrapped or lightly funded companies often outperform, and how growth equity differs from venture capital and private equity in both risk and partnership style. Isabelle shares insights on why community, creators, and affiliate-driven distribution have become durable moats in consumer tech, often outperforming traditional paid acquisition channels.They also dive into how AI is reshaping the landscape, not as a replacement for teams, but as a force multiplier for efficiency, unit economics, and speed. From evaluating founder-investor alignment to understanding when to prioritize partnership over valuation, this episode offers a grounded, thoughtful look at scaling modern tech businesses in an increasingly noisy market.TakeawaysCompanies without AI risk being displaced by competitors who use it effectively.Volition prioritizes capital-efficient founders who achieved traction without heavy dilution.Growth equity focuses on protecting downside (1x) while targeting meaningful upside (5x+).Community and brand can serve as powerful, defensible moats.Creator-led and affiliate-driven go-to-market strategies are reshaping distribution.Micro and nano creators often outperform large influencers in engagement and conversion.AI does not need to be customer-facing to add value; backend efficiency matters.Not all fast-growing AI companies have durable, long-term revenue.Founders should align with investors on time horizon, risk tolerance, and definition of success.Choosing the right partner often matters more than achieving the highest valuation.Chapters00:00 Cutting Through the AI Hype02:30 Volition Capital's Investment Philosophy05:00 Growth Equity vs. VC and Private Equity07:30 Contrarian Investing in Overlooked Markets10:30 The Shift in Go-To-Market Strategies13:30 Micro Creators and Democratized Distribution16:00 Evaluating AI in Non–AI-Native Companies18:30 Common Scaling Mistakes in Consumer Tech21:00 Fast Exits vs. Long-Term Value Creation25:30 Isabelle's Career Path and Investment Lens29:00 Choosing the Right Capital Partner38:00 Final Advice for FoundersIsabelle Tashima's Social Media Link:https://www.linkedin.com/in/isabelle-tashima-780065135/Isabelle Tashima's Website Link:https://www.volitioncapital.com/team/isabelle-tashima/Resources and Links:https://www.hireclout.comhttps://www.podcast.hireclout.comhttps://www.linkedin.com/in/hirefasthireright

「サッポロホールディングス 不動産事業を4770億円で売却へ　恵比寿ガーデンプレイスなど」　ビール大手のサッポロホールディングスは、恵比寿ガーデンプレイスなどの不動産事業をアメリカの投資ファンドなどに4770億円で売却します。売却するのは、東京都内の「恵比寿ガーデンプレイス」や北海道の「サッポロファクトリー」といった商業施設などを保有している傘下の子会社です。サッポロホールディングスは主力のビール事業などに経営資源を集中するため、子会社の株式をアメリカの投資ファンド「KKR」などに4770億円で売却すると発表しました。また、サッポロホールディングスは、2026年7月に酒類事業会社の「サッポロビール」を吸収合併し、社名を「サッポロビール」に変更する予定で、主力の酒類事業に注力したい考えです。

With a short gap between test matches, we find some time to look back at last weeks IPL auction! Cam Green made the big bucks from his move to KKR, but there are plenty other moves to discuss and a fair few surprises. In part 2 we return to the Ashes to dissect the video of Ben Duckett being catastrophically drunk in Noosa. What do we make of his behaviour? Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Indian Premier League 2026 mini-auction delivered record spending and a clear shift in team priorities, as franchises splurged on Indian domestic talent alongside marquee overseas names. While Cameron Green became the costliest overseas buy in IPL history, the night belonged to uncapped players, several of whom attracted multi-crore bids and reshaped auction dynamics.In this episode of In Focus, The Hindu's Amol Karhadkar reports from the auction venue in Abu Dhabi. Amol analyses the biggest purchases, the rise in demand for domestic uncapped players and strategies adopted by teams such as CSK and KKR.Guest: Amol Karhadkar, The Hindu's sports reporter Host: Reuben Joe Joseph Edited by Sharmada Venkatasubramanian Learn more about your ad choices. Visit megaphone.fm/adchoices

आईपीएल 2026 के लिए मिनी ऑक्शन ख़त्म हो गया. कैमरून ग्रीन और मथिसा पथिरना के लिए KKR ने इतने पैसे क्यों लुटा दिए, मिनी ऑक्शन में कुछ खिलाड़ियों को ज़्यादा पैसे कैसे मिल जाते हैं, जानिए कौन हैं प्रशांत वीर और कार्तिक शर्मा जिनके लिए चेन्नई सुपर किंग्स ने खजाने खोल दिए, क्या धोनी इस साल आईपीएल में खेलते नज़र आएंगे, लखनऊ की टीम के साथ क्या समस्या है, SRH की टीम कहां चूक गई, राजस्थान रॉयल्स का नया कप्तान कौन होगा, RCB की फ्रैंचाइज़ को कौन ख़रीद रहा है, आईपीएल ऑक्शन के लिए खिलाड़ियों की स्काउटिंग कैसे की जाती है और भी बहुत कुछ, सुनिए ‘बल्लाबोल' के इस एपिसोड में निखिल नाज़ और नितिन श्रीवास्तव के साथ कुमार केशव की बातचीत. साउंड मिक्सिंग: रोहन भारती

KKR is looking to Europe and Japan for yield as US debt spreads grind tighter. “Investors are very focused on relative value in a market where there’s not a lot,” Tal Reback, global investment strategist for the firm’s credit and markets business, tells Bloomberg News’ James Crombie and Bloomberg Intelligence’s David Havens in this episode of the Credit Edge podcast. “In general, investors are much more intrigued about how to diversify geographically,” she adds. They also discuss what KKR thinks could be a $1 trillion European asset-backed debt opportunity, private credit default risk, valuations of direct loans, sector bets and business development companies.See omnystudio.com/listener for privacy information.

Today, we were delighted to welcome Neil Chatterjee, Former Commissioner and Chairman of the Federal Energy Regulatory Commission (FERC). Neil served as FERC Chairman from August –December 2017 and again from October 2018–November 2020. During his tenure, he championed several strategic initiatives, including streamlining the liquified natural gas application review and approval process, and advancing the use of technology to mitigate physical and cyber threats to critical energy infrastructure. Prior to his service at FERC, Neil was an advisor to Senate Majority Leader Mitch McConnell and worked for the National Rural Electric Cooperative Association. He currently serves as Chief Government Affairs Officer at Palmetto, a Senior Advisor at KKR, a Distinguished Visiting Fellow at the Center on Global Energy Policy, and a Senior Policy Advisor at the Climate Leadership Council, in addition to serving on the Bipartisan Policy Center's Board of Directors. We were honored to host Neil at our offices in Houston for an insightful and engaging discussion. In our conversation, we explore Neil's perspective on the evolving U.S. energy landscape amid surging electricity demand, geopolitical pressure, and the rapid growth of artificial intelligence. Chatterjee explains the unique structure and independence of FERC, emphasizing that this design has helped the agency maintain policy stability even as presidential administrations swing between dramatically different energy priorities. He argues that energy security has become synonymous with national security and that FERC now sits at the center of balancing reliability, affordability, and decarbonization. The discussion highlights how new pressures from data centers, electrification, and reindustrialization are straining a grid shaped by decades of flat demand and policy drift. Chatterjee also reflects on past regulatory controversies, noting that AI-driven load growth may finally push the country beyond polarized debates about “fossil versus clean energy,” because meeting demand will require every available resource, from gas and coal to solar, storage, nuclear, and distributed generation technologies. Neil dives into the operational, political, and economic complexities of meeting this surge in power demand. Chatterjee outlines the emerging challenge of large-load interconnection is how to quickly connect massive hyperscaler data centers without destabilizing markets or burdening consumers, and praises a recent DOE directive that gives FERC flexibility (linked here), while insisting on quicker pathways to power. He details trade-offs such as hyperscalers funding grid upgrades in exchange for curtailment obligations, growing tension between utility and market-based models, and the need for aggressive permitting reform to build pipelines and transmission. He notes that time-to-power constraints favor near-term solutions such as solar-plus-storage paired with gas peakers, while advanced nuclear and new gas capacity remain years away. Throughout, he stresses the importance of depoliticizing energy policy and “empowering the nerds”— letting engineers, economists, and market designers, not political cycles, guide decisions on reliability, infrastructure, distributed resources, and the evolving relationship between front-of- and behind-the-meter systems. It was a tour de force and we greatly enjoyed the discussion. Mike Bradley kicked off the show by noting that U.S. markets are laser-focused on Wednesday's FOMC rate decision. On the bond market front, the 10-year Treasury yield has risen to approximately 4.17% (up from 4% two weeks ago) amid growing concern that the Fed may not deliver the multiple interest-rate cuts expected in 2026. He added that a 25-basis point rate cut is anticipated at the meeting and that Chairman Powell's press conference, particularly his tone and comments on Fed independence,

What happens when clean energy starts to outgrow fossil fuels at scale? Is it right to call China an electrostate? And how long will we be reliant on hydrocarbons?This week on Cleaning Up, host Michael Liebreich sits down with Lord Browne of Madingley — former CEO of BP and one of the earliest voices inside Big Oil to publicly call for emissions reductions from fossil fuels.  Recorded in front of a live audience in London, the discussion explores how geopolitics, energy security, AI, and rising global anxiety are reshaping the path to decarbonisation. Lord Browne reflects on launching BP's original “Beyond Petroleum” strategy, his current work investing billions through BeyondNetZero, and why the future of climate action will be driven as much by adaptation, resilience, and people as by technology itself.From the rise of China as an electrification juggernaut and the US as an AI-powered energy giant, to the tipping point where clean energy demand could finally outpace fossil fuels, this episode offers rare insight from someone who has shaped — and challenged — the global energy system from the inside.Leadership Circle:Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Davidson Kempner, EcoPragma Capital, EDP, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live.Discover more:BeyondNetZero: https://www.generalatlantic.com/climate/Lord Browne's previous appearance on Cleaning Up: https://youtu.be/8VXQ2EGAcGMThe Pragmatic Climate Reset, Part 1: https://youtu.be/OHKGor2_BzQ

Investment in clean energy technologies is on course to hit a record $2.2 trillion this year, according to the International Energy Agency. That's more than twice the amount invested in fossil fuels.  But 2025 also brought lots of geopolitical, economic, and political uncertainty to clean technology investing. Waning enthusiasm for climate action in some governments and intensifying trade wars have created more risk for many investors.  So how much are these policy shifts impacting climate investment strategies? How have investors in the United States reacted to the roll-back of some key incentives in the Inflation Reduction Act? What technologies are most promising? And where is the climate investing landscape headed in the next decade? This week, Jason Bordoff talks to Emmanuel Lagarrigue about the state of renewables and clean tech investing. Emmanuel is a partner and the global co-head of KKR's climate transition strategy. Before that, he was a founding partner of BeyondNetZero, a General Atlantic fund focusing on decarbonization technologies. Emmanuel spent the first two decades of his career at Schneider Electric, where he held a number of leadership roles. He is also an advisory board member here at the Center on Global Energy Policy. Credits: Hosted by Jason Bordoff and Bill Loveless. Produced by Mary Catherine O'Connor, Caroline Pitman, and Kyu Lee. Engineering by Gregory Vilfranc.  

Jay Hatfield has an 8,000 target for the SPX next year based on earnings growth projections. He tells investors to choose their stocks carefully, and shares some of his own picks. Including KKR & Co. (KKR) and Apollo Global (APO). He notes that both were not exposed to bank woes earlier this year, and expects strong growth. Jay also likes Marvell (MRVL) and Amazon (AMZN).======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

What happens when a nation's energy security rests on volatile global gas markets? Why does the UK pay market prices for some of the world's cheapest-to-produce gas? And is now the moment to rethink decades of “leave it to the market” dogma?This week on Cleaning Up, Baroness Bryony Worthington sits down with Seb Kennedy, energy journalist and founder of Energy Flux, to unpack the turbulent geopolitics of natural gas, the coming LNG glut, and why the UK–Norway relationship sits at the heart of Britain's energy affordability crisis.Drawing on their recent joint op-ed, Bryony and Seb explore the UK's dependence on Norwegian gas, the vast windfalls that have flowed into Norway's sovereign wealth fund since Russia's invasion of Ukraine, and whether a new bilateral deal could shield consumers from future price shocks. They examine the structural forces reshaping global gas markets, the rise of speculative trading, and whether electrification will become harder when gas gets cheap.Leadership Circle:Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Davidson Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live.Discover more:Read Seb & Bryony's Op-Ed on Energy Flux: https://www.energyflux.news/uk-norway-gas-trade-time-for-a-new-deal/Seb's Energy Flux Podcast: https://www.energyflux.news/tag/podcast/Michael's conversation with Carine Ihenecho Smith, Chief Governance and Compliance Officer at Norges Bank Investment Group: https://www.youtube.com/watch?v=H028Vwf7pNMThe UK's updated plan for the North Sea gas transition: https://www.gov.uk/government/news/north-sea-future-plan-for-fair-managed-and-prosperous-transitionBritain eases opposition to new oil, gas permits, holds firm on taxes | Reuters: https://www.reuters.com/business/energy/uk-government-allows-some-new-oil-gas-fields-holds-firm-taxes-2025-11-26/

Welcome back to the Alt Goes Mainstream podcast.Today's episode brings the perspective of an asset management veteran who has sat on both sides of the table.We sat down in Franklin Templeton's New York City office with George Stephan, COO of Global Wealth Management Alternatives at Franklin Templeton.George joined Franklin to continue the buildout of the firm's Alternatives capabilities, which boasts over $264B AUM in private markets strategies that include Lexington Partners, Benefit Street Partners, and Clarion Partners. George came from KKR, where he was Head of Strategy and Business Development for the firm's Global Client Solutions business and was also COO and Head of Investor Relations for KKR's Global Wealth Solutions business in the Americas. Prior to KKR, George spent nine years in Morgan Stanley's wealth management division. George is also a Board Observer at CAIS.George and I had a fascinating conversation about how to build a wealth solutions business and how advisors approach private markets. We discussed:How has the adoption of private markets by the wealth channel evolved over the course of George's career?The benefits and challenges of being a traditional asset manager building out its private markets capabilities.The breadth and depth of Franklin Templeton's reach as a firm and how that brand and history have helped Franklin partner with the wealth channel in private markets.How has Franklin Templeton's family of specialists enabled the firm to leverage the expertise of specialist alternative asset managers within a larger platform?How does the wealth channel approach private markets?How will model portfolios be constructed and adopted by the wealth channel?Will evergreen funds be the structure of choice for most advisors?Thanks George for coming on the show to share your expertise and wisdom at the intersection of private markets and private wealth.Show Notes00:00 Introduction to our Sponsor, Ultimus01:55 Welcome to the Podcast02:03 Guest Introduction: George Stephan03:59 George's Career Journey04:12 Building Wealth Solutions at Franklin Templeton06:06 Key Pillars for Success in Wealth Management07:31 Client Service and Operational Excellence09:04 Strategic Approach to Wealth Management10:15 Convergence of Public and Private Markets10:48 Advisor Needs and Solutions13:31 Franklin Templeton's Private Markets Business14:23 Unifying Private Markets Business15:01 Cross Collaboration and Investment Decisions15:43 Cultural Alignment in Acquisitions16:35 Franklin Templeton's Core Principles17:15 Heritage and Long-Term Thinking21:30 Brand Evolution and Market Perception24:19 Strategic Partnerships in Private Markets25:56 Future of Partnerships and Acquisitions26:57 Winners and Losers in Partnerships27:10 Advisor's Perspective on Productization27:43 Allocating to Public and Private Markets28:21 Innovation in Private Markets29:05 Challenges and Opportunities in Wealth Management29:56 The Future of Multi-Asset Solutions30:17 Operational Complexity in Private Markets31:27 The Need for Digital Transformation31:59 Adoption of Distributed Ledger Technology (DLT)32:46 Evolving Technology in Wealth Management33:49 Impact of Market Efficiency on Returns35:13 Dispersion in Private Markets Performance37:17 Scale and Investment Integrity38:44 Building Capabilities in Franklin Alternatives40:10 Partnering with Asset Managers41:36 Keys to Building a Wealth Solutions Business42:16 Hiring for Private Markets Expertise43:39 Educating the Industry on Private Markets45:48 Evergreen Structures in Private Markets49:45 Exciting Trends in Private MarketsEditing and post-production work for this episode was provided by The Podcast Consultant.A word from AGM podcast sponsor, Ultimus Fund SolutionsThis episode of Alt Goes Mainstream is brought to you by Ultimus Fund Solutions, a leading full-service fund administrator for asset managers in private and public markets. As private markets continue to move into the mainstream, the industry requires infrastructure solutions that help funds and investors keep pace. In an increasingly sophisticated financial marketplace, investment managers must navigate a growing array of challenges: elaborate fund structures, specialized strategies, evolving compliance requirements, a growing need for sophisticated reporting, and intensifying demands for transparency.To assist with these challenging opportunities, more and more fund sponsors and asset managers are turning to Ultimus, a leading service provider that blends high tech and high touch in unique and customized fund administration and middle office solutions for a diverse and growing universe of over 450 clients and 1,800 funds, representing $500 billion assets under administration, all handled by a team of over 1,000 professionals. Ultimus offers a wide range of capabilities across registered funds, private funds and public plans, as well as outsourced middle office services. Delivering operational excellence, Ultimus helps firms manage the ever-changing regulatory environment while meeting the needs of their institutional and retail investors. Ultimus provides comprehensive operational support and fund governance services to help managers successfully launch retail alternative products.Visit www.ultimusfundsolutions.com to learn more about Ultimus' technology enhanced services and solutions or contact Ultimus Executive Vice President of Business Development Gary Harris on email at gharris@ultimusfundsolutions.com.We thank Ultimus for their support of alts going mainstream.

Capital Group portfolio manager John Queen and Paula Campbell Roberts, chief investment strategist for global wealth at KKR, offer their views on the U.S. macroeconomic outlook, including the health of public and private markets. They share their expectations for interest rates, inflation, the labor market, stocks and bonds, along with some thoughts on whether certain markets have reached "bubble" territory. #CapGroupGlobal For full disclosures go to capitalgroup.com/global-disclosures For our latest insights, practice management ideas and more, subscribe to Capital Ideas at getcapitalideas.com. If you're based outside of the U.S., visit capitalgroup.com for Capital Group insights. Watch our latest podcast, Conversations with Mike Gitlin, on YouTube: https://www.youtube.com/playlist?list=PLbKcvAV87057bIfkbTAp-dgqaLEwa9GHi This content is published by Capital Client Group, Inc. U.K. investors can view a glossary of technical terms here: https://www.capitalgroup.com/individual-investors/gb/en/resources/how-to-invest/glossary.html To stay informed, follow us LinkedIn: https://www.linkedin.com/company/capital-group/posts/?feedView=all YouTube: https://www.youtube.com/@CapitalGroup/videos Follow Mike Gitlin: https://www.linkedin.com/in/mikegitlin/ About Capital Group Capital Group was established in 1931 in Los Angeles, California, with the mission to improve people's lives through successful investing. With our clients at the core of everything we do, we offer carefully researched products and services to help them achieve their financial goals. Learn more: capitalgroup.com Join us: capitalgroup.com/about-us/careers.html Copyright ©2025 Capital Group

What does it take to build Europe's largest and most sustainable data-centre campus, from an empty plot of land to a 1.2-gigawatt giant of AI? How do you future-proof a facility when chip technology is evolving at breakneck speed? And what happens when the site of former coal-fired power plant becomes a global hub for AI?In this special, on-location episode of Cleaning Up, Michael Liebreich visits Sines, Portugal, where Start Campus is transforming the site of a decommissioned coal plant into a next-generation data-centre campus that once finished will be Europe's largest data centre. CEO Robert Dunn takes us inside the first operational building, currently 29MW but just 2.5% of what's to come, to explore the engineering, economics, and vision behind a €10 billion physical infrastructure build that will eventually house an additional €40 billion in incoming IT hardware.From earthquake-proof structures to seawater cooling and uninterruptible power supply systems, Rob breaks down what it means to design for 99.99999% uptime in an AI-driven world. Michael and Rob also dive into the reality and hype surrounding AI: the surge in GPU-hungry AI training, the race to build at gigawatt scale, the challenges of financing these mega-projects, and the balancing act between speed, cost, sustainability, and long-term viability.Set against the backdrop of Microsoft's freshly announced $10 billion investment in the Sines campus, this episode illuminates how the data-centre industry is reshaping global energy systems, local communities, and the future of compute.Leadership Circle:Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Davidson Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Discover more:Watch this episode on YouTube: https://youtu.be/juAyLAUmU3wThe Start Campus website: https://www.startcampus.pt/Microsoft makes one of its largest investments in Europe at Start Campus in Portugal: https://www.startcampus.pt/microsoft-makes-one-of-its-largest-investments-in-europe-at-start-campus-in-portugalMichael's Green Giant's Whitepaper: https://pioneerpoint.com/wp-content/uploads/2021/11/2021.11.17-Green-Giants-White-Paper-Final.pdfThe Year Energy Woke Up To AI | Audioblog 14: Generative AI, The Power and the Glory: https://www.youtube.com/watch?v=OwZ2iNh133A

Your STR business is worth more than you think—if you build it the right way.In this episode, we break down the difference between operators who burn out… and operators who build real companies that survive, scale, and eventually sell for life-changing money.We also cover the hard lessons from companies that grew too fast, collapsed, or went bankrupt—and how to avoid their mistakes.In this episode you'll learn:• Why your STR business already has real enterprise value• What happens if everything lives in your head (and how to fix it)• The operational mistakes that bankrupted a fast-growing STR company• How to build systems that survive without you• What buyers REALLY look for in an STR business• The path to a 7–8 figure STR exitIf you want help building an STR business that actually runs without you — and is worth something one day — click the link below:https://go.strsecrets.com/podcast?utm_source=Podcast&utm_medium=Captivate&utm_campaign=T033&utm_content=STRS00:01:41 - Sonder going bankrupt00:03:15 - talking about exits / long hold / vision00:05:09 - private equity, Blackstone, KKR, etc.00:06:47 - Vacasa, hyper-local focus, selling to PE00:08:47 - SOP playbook, fear of death, what happens if you're gone00:10:20 - CEO role, brand, numbers, game plan00:12:00 - not as easy as it looks, 70% with PMs 20+ units00:13:19 - PE criteria, churn, “can somebody else run my business?”00:14:55 - Built to Sell, books, contracts, “you not being the system”Get FREE Access to our Community and Weekly Trainings:https://group.strsecrets.com/

Your STR business is worth more than you think—if you build it the right way.In this episode, we break down the difference between operators who burn out… and operators who build real companies that survive, scale, and eventually sell for life-changing money.We also cover the hard lessons from companies that grew too fast, collapsed, or went bankrupt—and how to avoid their mistakes.In this episode you'll learn:• Why your STR business already has real enterprise value• What happens if everything lives in your head (and how to fix it)• The operational mistakes that bankrupted a fast-growing STR company• How to build systems that survive without you• What buyers REALLY look for in an STR business• The path to a 7–8 figure STR exitIf you want help building an STR business that actually runs without you — and is worth something one day — click the link below:https://go.strsecrets.com/podcast?utm_source=Podcast&utm_medium=Captivate&utm_campaign=T033&utm_content=STRS00:01:41 - Sonder going bankrupt00:03:15 - talking about exits / long hold / vision00:05:09 - private equity, Blackstone, KKR, etc.00:06:47 - Vacasa, hyper-local focus, selling to PE00:08:47 - SOP playbook, fear of death, what happens if you're gone00:10:20 - CEO role, brand, numbers, game plan00:12:00 - not as easy as it looks, 70% with PMs 20+ units00:13:19 - PE criteria, churn, “can somebody else run my business?”00:14:55 - Built to Sell, books, contracts, “you not being the system”Get FREE Access to our Community and Weekly Trainings:https://group.strsecrets.com/

Austin Karp, Joe Lemire, Rob Schaefer and Chris Smith look back at the key themes from yesterday's Media Innovators -- including content delivery and the future of sports bundles. The group also looks ahead to today's Dealmakers conference and how private equity will be in the spotlight throughout the day.  Timestamps00:06 – Intro: Austin Karp kicks off from Times Square00:32 – Biggest takeaway: Discoverability challenges for sports media01:19 – Wall Street analysts on ESPN-YouTube TV deal & Paramount Global02:03 – Cord-cutting vs cable: Matt Ho's bullish stance02:31 – AI in sports content: PGA Tour, NBA, and Genius Sports innovations04:32 – Content delivery trends: Ingestion, streaming bundles, TikTok impact05:53 – Spotlight on John Fanta's broadcasting journey06:29 – Dealmakers preview: Private equity, tech, and new investment ideas07:12 – Heavy hitters panel: Future of Sports Capital with KKR, Sixth Street, Redbird07:46 – Morning sessions: Sports tech disruptors & athlete investment strategies08:56 – Closing thoughts: NBA expansion in Europe and key storylines Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

What happens when the world's most ambitious climate state runs head-on into a hostile federal government? Can California still lead the clean-energy transition while battling rising costs, wildfires and the Trump government's sweeping tariffs? And what does a “pragmatic reset” on climate policy look like when the stakes have never been higher?This week on Cleaning Up Bryony Worthington sits down with Liane Randolph, former Chair of the California Air Resources Board (CARB) and longtime public servant, shaping California's climate, energy, and air-quality strategy. Across roles spanning the Public Utilities Commission and state natural resources agencies, Randolph has been at the center of some of the most consequential policy decisions in the United States — from the rise of rooftop solar and utility-scale storage to the creation of zero-emission vehicle mandates and the state's pioneering cap-and-invest system.Together, they unpack how California built the modern EV market, the origins of the famous “duck curve,” and why central planning turned out to be critical for keeping the lights on in a decarbonizing grid. Randolph also details the extraordinary federal pushback now facing the state: repealed Clean Air Act waivers, legal battles over truck and car standards, and tariff-driven supply-chain shocks that threaten progress.The episode explores:The past and future of California's zero-emission vehicle strategy — from catalytic converters to the birth of TeslaWhy batteries exploded onto the grid, and how wildfire adaptation is reshaping costsThe mechanics and impacts of California's whole-economy cap-and-invest programThe new affordability crisis — and whether a pragmatic climate “reset” is neededElectric aviation, high-speed rail, and the technologies California should bet on nextThe state's 2045 net-zero planning — and which sectors will need breakthroughs like DAC and industrial CCSLeadership Circle:Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Davidson Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live.Discover more:CARB: https://ww2.arb.ca.gov/First Cars, Now Planes: Is The Future of Flying Electric? Ep194: Anders Forslund: https://www.youtube.com/watch?v=hW3uTBbAGHAWhy Is It So Hard to Clean Up Global Shipping? https://www.youtube.com/watch?v=HdUCidkeDto

Join Yanely and she interviews Kenny Johnson, YouTuber, investor, and founder of Kenny Finance. Kenny shares his journey from Detroit to Wall Street and why he's now focused on bringing financial literacy to classrooms across the country. With experience at top private equity firms like Blackstone and KKR, Kenny's mission is to make personal finance approachable, actionable, and relevant for the next generation!

What does it take to future-proof Europe's electricity grid? How do you finance €65 billion in infrastructure without driving up consumer electricity costs? And can the permitting process be sped up to become fast enough for the energy transition?This week on Cleaning Up, Michael Liebreich sits down with Tim Meyerjürgens, CEO of TenneT Germany, the country's largest transmission system operator, to explore the physics and finance behind decarbonising Europe's power networks.From billion-euro transmission lines to the domestic and international politics of connecting the North Sea's vast offshore wind potential with Germany's industrial heartland, Meyerjürgens offers a rare inside view of one of Europe's most complex and capital-intensive transitions.The conversation dives into:• How TenneT split its Dutch and German operations to attract €9.5 billion in equity from investors like Norges Bank and GIC• The challenge of accelerating grid buildout from 20-year to 5-year timelines• The delicate balance between regulation, investment, and public acceptance• Why building our transmission across Europe is key to energy resilienceThis episode was supported by TenneT Germany.Leadership Circle:Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Davidson Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live.Discover more:• TenneT Germany's website: https://www.tennet.eu/de-en/home • TenneT Germany successfully concludes syndication of €12 billion revolving credit facility: https://www.tennet.eu/de-en/news/tennet-germany-successfully-concludes-syndication-eu12-billion-revolving-credit-facility• The £60 Billion Plan To Rewire Britain | Ep227: John Pettigrew: https://www.youtube.com/watch?v=S7Lg1A958aA• Can Europe Survive the Renewables Transition? Ep201: Nikos Tsafos: https://www.youtube.com/watch?v=dUvKzs82Mi0

In this episode, reviews the YTD performance of Blackstone, KKR, and Apollo, & Carlyle Group.

Is capitalism still working, or is it due for an upgrade?   In this must-watch episode, authors Seth Levine and Elizabeth McBride discuss insights from their book Capital Evolution, sharing what they learned from interviewing top CEOs, including Jamie Dimon, Dan Schulman (PayPal), Peter Stavros (KKR), and others who are helping to reshape the social contract of business.   They explore: Why Jamie Dimon led 200 top CEOs to declare that companies should serve more than just shareholders. "If you ask Jamie Dimon, are you a capitalist? Because we asked him that, he said, I'm a rapacious capitalist." – Seth Levine Why the old model of shareholder primacy is failing How economic mobility has collapsed: "50 years ago, if you were born in the bottom 25th percentile of wealth, you had about a 25% chance of dying in the top 25th... Today, it's about 5%." Why ownership, not just wages, is key to the next phase of capitalism: "Ownership is a key to this new future that we see." How businesses, not just governments, must now lead on economic reform: "We believe in this current environment that businesses have the largest power and some responsibility to reshape the norms."  

When David Lee joined PG&E in San Francisco, the company was collapsing under the weight of California's first energy crisis. “These utility veterans kind of got us into this,” the new CFO told him, handing him an unusual assignment: act as an “anti-CFO.” Lee spent his days testing every forecast and financing plan, proposing contrarian options like a preferred-equity line from KKR. The exercise, he tells us, forced him to “think independently” and learn how to guide a public company in deep trouble.That moment crystallized a pattern in Lee's career—a willingness to enter complex situations and rethink accepted wisdom. From his start at Leo Burnett Company, where he learned to “walk in the shoes of the consumer,” to his nine-year transformation tour at Del Monte and later Best Buy's celebrated “Renew Blue” turnaround, he has sought environments that reward original thought over routine expertise.Today, as global COO and CFO of Webtoon, Lee applies the same mindset to a different kind of transformation—the business of storytelling. He tells us the platform connects 24 million creators to 156 million readers each month, growing its English-language audience 19 percent year over year. Yet he draws a bright line around technology's role: “Human storytellers are the best storytellers.” AI, in his view, should fight piracy and improve discovery, not replace creativity.Across every chapter, from crisis utilities to digital comics, Lee's philosophy remains constant—progress begins when finance leaders question assumptions and listen long enough to see possibilities others overlook.

In October, Inside the ICE House aired eight new episodes, six traditional episodes, Markets in focus with Opening Bell Daily's Phil Rosen and Inside the ICE House breakfast on the balcony with Fetch CEO Wes Schroll. Episode 488: KKR's Pete Stavros on Ownership, Opportunity, and the Future of Work Episode 489: Charlotte Hornets' Shelly Cayette-Weston on Business, Buzz, & Building with Judi Health October Markets in Focus: Shutdowns, AI Optimism, and Bitcoin's 'Uptober' Rally On the Balcony: Building, Rewarding, and Redefining Loyalty with Fetch CEO Wes Schroll Episode 490: Workiva's Mike Rost & Mandi McReynolds on Data, Decisions, & Driving Growth Through Synergy Episode 491: Author Jon Levy on "Team Intelligence" and the Power of Trust, Collaboration and Group Potential Episode 492: ATM Media CEO Robert Wheeler on Brand Building and Turning Moments into Content Episode 493: Snowflake's Christian Kleinerman on innovation, Evolution and the Art of Collaboration

Is green hydrogen a ‘miracle fuel' or an expensive illusion? Can we decarbonize without it? And what happens when hydrogen hype meets hard economics?This week on Cleaning Up, Michael Liebreich debates Erik Rakhou, author of Touching Hydrogen Future, in a no-holds-barred discussion moderated by Andrew Critchlow of S&P Global Commodity Insights.Together, they contest one of the most contentious topics in energy today: hydrogen. Liebreich argues that hydrogen is plagued by physics-driven cost barriers and limited real-world applications, while Rakhou defends its potential as a critical tool for industrial decarbonization, energy resilience, and long-term security.From the potential of green vs. blue hydrogen, to global ammonia trade routes, Europe's pipeline ambitions, and China's hydrogen cost curve, this debate pulls no punches. Topics include:Whether there'll ever be a hydrogen-based economyWhy hydrogen economics remain so challengingThe role of carbon pricing vs. subsidiese-Fuels and hydrogen's place in transport, steel, and aviationWhy electrification trumps hydrogenThis episode was recorded at the S&P Global offices in London and originally broadcast as a S&P Global webinar on October 29, 2025. THanks to S&P Global and Andrew Critchlow for hosting the debate.Leadership Circle:Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Davidson Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Read more:Erik's website: https://rakhou.comThe EU's hydrogen strategy: https://energy.ec.europa.eu/topics/eus-energy-system/hydrogen_en• Data on EU natural gas prices 2010-2025: https://drive.google.com/file/d/1buQTdpQOMShue-zXyZUYVgZ9dPe5rZ5Y/view?usp=share_linkMichael Liebreich's Keynote Speech at World Hydrogen Congress 2022: https://www.youtube.com/watch?v=Xj900aBPkiYErik's book ‘Touching Hydrogen Futures': https://europeangasmarket.euEuropean Court of Auditors call for a hydrogen reality check: https://www.eca.europa.eu/en/news/NEWS-SR-2024-11Michael's Pragmatic Climate Reset: https://about.bnef.com/insights/clean-energy/liebreich-the-pragmatic-climate-reset-part-i/

What if the energy transition isn't about sacrifice and belt-tightening, but abundance? Are electrified technologies ready to replace the polluting fossil fuel system we're so reliant on? And what will it mean for western nations if they can't keep up with China? In this special bonus episode of Cleaning Up, recorded live in Berlin, Michael Liebreich sits down with Kingsmill Bond, strategist at Ember, to unpack The Electrotech Revolution, a powerful new framing of the global shift from a fossil-fuel economy to an electrified, efficient, and inevitable clean energy system.Together, Kingsmill and Michael explore why the growth of solar and wind is now outpacing fossil fuels worldwide, how China's leadership is reshaping the global landscape, and what Europe and the US must do to compete. Leadership Circle:Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Davidson Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Links and more:Ember's Electrotech Revolution Report: https://ember-energy.org/latest-insights/the-electrotech-revolution/Ember's Funders: https://ember-energy.org/about/Lauri Myllyvirta on Cleaning Up: https://youtu.be/FqjvCeR9VLgMichael's Pragmatic Reset Part 1: https://www.youtube.com/watch?v=OHKGor2_BzQMichael's Pragmatic Reset Part 1: https://www.youtube.com/watch?v=OFF1imh1U2c

In this episode of the Investing in Integrity podcast, Ross Overline, CEO and co-founder of Scholars of Finance, welcomes Pamela Alexander, MD, and Head of Corporate Citizenship at KKR & Co. Inc., for an insightful conversation on the future of corporate philanthropy. Together, they explore how finance professionals can balance business objectives with meaningful social impact. Pamela shares her journey in shaping KKR's global citizenship strategy, highlighting the shift from traditional giving to trust-based philanthropy and long-term community investment. Listeners will learn how authenticity, humility, and strategic alignment can drive stronger outcomes for both companies and communities. The discussion also explores the importance of financial expertise on nonprofit boards, creating opportunities for first-generation professionals, and building locally adaptable programs with global reach. Whether you're an emerging leader or seasoned executive, this episode offers actionable insights for making a purposeful impact.Meet Pamela AlexanderPamela Alexander is Managing Director and Head of Corporate Citizenship at KKR, where she leads global philanthropy and employee engagement across 16 countries for one of the world's largest private equity firms. With more than two decades of experience in community building, corporate social responsibility, and public policy, she previously directed the Ford Motor Company Fund and held senior roles in finance and government. At KKR, Alexander has pioneered innovative, trust-based approaches to corporate giving, with a focus on economic mobility and lasting community impact. A nationally recognised leader, she brings expertise in strategic philanthropy, brand management, and cross-sector collaboration.

Paula re-joins Jason in studio for a discussion around the US macroeconomic environment, including an outlook for growth, and Fed rate cuts. We also discuss the factors driving equity market momentum, valuations, and portfolio positioning preferences. Featured is Paula Campbell Roberts, Chief Investment Strategist for Global Wealth, Global Client Solutions, Global Macro and Asset Allocation at KKR, and Jason Draho, Head of Asset Allocation Americas at the UBS Chief Investment Office. Host: Daniel Cassidy

What happens when the surge in electricity demand comes faster than we can build the infrastructure to support it? Live in front of an audience at the Council on Foreign Relations in New York, host Ed Crooks leads a conversation on the future of the US energy grid, skyrocketing load from data centers and electrification, and why politics keeps getting in the way of practical solutions. Neil Chatterjee, the former Chairman of the Federal Energy Regulatory Commission (FERC), has spent a long time working on the interaction of markets and policy in energy. He says: “America needs to take the politics out – or the lights go out.” Is overzealous federal regulation really undermining the reliability of the grid? How can we win support for realistic solutions that will keep the lights on and ChatGPT on line. Joining Ed and Neil to discuss these questions is regular guest Amy Myers Jaffe, who is director of the Energy, Climate Justice & Sustainability Lab at NYU. She proposes that AI might not be the cause of both blackouts and a climate catastrophe. She argues that we might actually save more energy from using AI than we consume in powering the data centers that support it.Debating the issues with Amy, Ed and Neil is Cecilio Velasco, managing director in infrastructure at KKR, a global investment firm that deploys capital in infrastructure. Cecilio brings the investor view on what it will take to unlock the trillions in capital needed for a reliable and resilient energy system in the age of AI. The panel address the uncomfortable truth that the US may need every available electron – from wind and solar to batteries to nuclear power and gas – to meet its goals.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The movement of private wealth allocations to alternatives is one of the biggest questions impacting the future of private markets. Our Private Wealth miniseries shared perspectives from allocators and managers on the space. Since then, an Executive Order opened the door for 401(k) plans to adopt alternatives. I wrote, in a recent Musings for our Premium members, that private market allocations in retirement plans may be a big deal down the road, but there's no need to worry about a flood of capital hitting the private markets any time soon. To understand why, I asked Eric Mogelof to come back on the podcast and explain how capital flows in the retirement markets.  Eric is the head of Global Client Solutions at KKR and joined me on the Private Wealth miniseries. In this hot take, Eric breaks down the retirement market across defined benefit, defined contribution, and IRA plans, the importance of target date funds to 401(k)s, and the decision making process required for these various structures to adopt alternatives. From our sponsor, Morningstar Embrace the global language of investment data Learn More Follow Ted on Twitter at @tseides or LinkedIn Subscribe to the mailing list Access Transcript with Premium Membership   Editing and post-production work for this episode was provided by The Podcast Consultant (⁠https://thepodcastconsultant.com⁠)