• Top global investors and executives gathered at the Milken Institute Global Conference in Beverly Hills to discuss geopolitical tensions, private credit risks, and AI impact.
  • Blackstone’s Jon Gray expressed confidence that the global economy will continue to power through despite the Iran war.
  • Participants noted that private credit is growing and is a distributor of risk, unlike banks which are concentrators of risk.
  • Discussions highlighted a realignment of capital flows due to the Iran war, with $3.2 trillion deployed by Gulf states.
  • On AI, there was optimism about productivity gains but concerns about disruption of entry-level jobs.

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