US equities appreciated 23 percent in 2023, adding more than US$9 trillion in market capitalization. Yet 70 percent of that growth (approximately US$6.2 trillion) is disproportionately attributable to just six American technology companies. With the number of private equity companies in the US outnumbering public companies twofold, where do investors look for diversification? Despite potential future rate cuts, the cost of capital will likely remain high. Where are investors doubling down for continued growth? What’s left in veteran investors’ playbooks? Join our panel and hear from expert investors who have succeeded over many credit cycles and where they see future opportunities.

Moderator

Michael Milken

Chairman, Milken Institute

Speakers

Joshua Friedman

Co-Founder, Co-Chairman and Co-CEO, Canyon Partners, LLC

Dan Ivascyn

Group Chief Investment Officer, Pacific Investment Management Company

Steven Tananbaum

Founder, Managing Partner and Chief Investment Officer, GoldenTree Asset Management

Anne Walsh

Managing Partner, Chief Investment Officer, Guggenheim Partners

Tony Yoseloff

Managing Partner, Davidson Kempner Capital Management