An abstract graphic of rounded lines forming a circle on a dark blue background. The lines are pink and blend into purple in an ombre circle, with just a portion of the circle showing on the screen. The graphic signifies the design of The Milken Institute's Global Conference 2025, an annual forum that brings together leaders from business, finance, and other fields to discuss economic and social issues.
Global Conference 2025

Part 2: Leaders in Asset Management

-

As capital markets evolve, so too does the nature of entrepreneurial finance. This session explores how sophisticated investors are backing bold ideas, scaling transformative businesses, and creating value in both emerging and mature sectors. The conversation will focus on the intersection of private capital and entrepreneurship—where strategic vision meets disciplined execution. The shifting landscape of private equity, credit, and capital formation is creating new challenges—and opportunities—for entrepreneurs and investors alike. This session will examine how capital is being deployed in today’s environment, where dislocation, innovation, and strategic discipline are reshaping the path to growth. From navigating valuation resets to aligning long-term incentives, the discussion will provide actionable insights into building resilient businesses in dynamic markets. 

    Moderator

    Image

    Michael Milken

    Chairman, Milken Institute

    Speakers

    Image

    Jonathan Gray

    President and Chief Operating Officer, Blackstone
    Image

    Marc Rowan

    Co-Founder and CEO, Apollo Global Management