Welcome to Disruptive Forces in Investing, a podcast series featuring Neuberger Berman’s seasoned investors who discuss trends that are transforming the investment industry and beyond.
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Moments that Made Her is a podcast where the rare and unique women that hold senior private equity roles share their stories, including the key personal and professional moments that defined their journeys and lessons they learned along the way. Moments that Made Her is a production of the Private Equity Women Investor Network, also known as PEWIN, which is the preeminent organization for senior-level women investment professionals in private equity. PEWIN provides its members with opportuni ...
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Liquidity challenges are reshaping the private equity landscape, pushing investors to explore innovative solutions for managing their portfolios. With reduced exit activity, constrained distributions, and a tougher fundraising environment, how can secondaries provide a liquidity lifeline? And what role do GP-led transactions play in driving opportu…
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Stop Guessing Tomorrow: Insights on Long/Short Strategies
17:19
17:19
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17:19Volatility and uncertainty are rewriting the rules of investing, challenging investors to think differently about managing risks and seizing opportunities. With heightened risks from rapidly evolving policies and concentrated market sectors, how can long/short strategies empower investors to navigate these dynamics? And what role does active manage…
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Navigating the New Normal in Private Markets
21:41
21:41
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21:41The Private Equity market continues to evolve as investors navigate economic uncertainty, limited liquidity, and trade policy shifts. With challenges from tariffs and moderating distributions, investors are seeking ways to manage risks while uncovering opportunities for growth. But how can private equity firms leverage their agility to capitalize o…
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The High Yield Playbook: Positions and Possibilities
17:35
17:35
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17:35The credit market is transforming, and investors are looking ahead to seize the best opportunities in non-investment grade credit. With wider spreads, tariff-induced inflation, and moderating growth, opportunities in high-yield bonds, loans, and CLOs are reshaping fixed income strategies. But how can investors uncover value amid uncertainty? And wh…
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S4E5: Daphne Dufresne, Founder, Awani Capital Management
41:51
41:51
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41:51In this powerful episode of Moments That Made Her, we sit down with Daphne Dufresne, Founder of Awani Capital and a founding member of PEWIN. Daphne opens up about her incredible journey from a working-class neighborhood in Brooklyn to becoming a respected leader and investor in the private equity industry. Raised by a Haitian immigrant mother who …
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As new administration policies send shock waves throughout the market, navigating the stormy sea has become the central challenge for investors. With rapid shifts in the economic environment and heightened uncertainty, diversification and resilience are more critical than ever. But what strategies can investors adopt to navigate turbulence? And how…
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S04E04: Runa Alam, Founder and CEO, Development Partners International
43:18
43:18
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43:18Join us for an engaging conversation as PEWIN's Founding Chair, Kelly Williams, sits down with Runa Alam, Founder and CEO of DPI. In this episode, Kelly and Runa explore the pivotal moments that helped shape Runa into a leader in the finance industry. From a childhood marked by attending 11 different schools across multiple countries to founding a …
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As individuals and businesses navigate an increasingly complex financial landscape, tax strategies have become more critical than ever. With evolving regulations, potential legislative changes, and the importance of optimizing for long-term planning, effective tax management is taking center stage. But what opportunities can investors look out for …
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As markets grapple with changing macroeconomic dynamics, elevated valuations for growth stocks, and increased volatility, the spotlight could be turning toward value equities. Could this be the moment for US large-cap value investing to shine? How should investors think about diversification amidst the dominance of mega-cap growth names, and where …
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S04E03: Stephanie Szymanski, CIO, Lakeview Capital Management
51:38
51:38
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51:38In this episode of 'Moments That Made Her', Kelly Williams, Founding Chair of the Private Equity Women Investor Network (PEWIN), interviews Stephanie Szymanski, Chief Investment Officer at Lakeview Capital Management. Stephanie shares her journey from growing up in South Bend, Indiana with dreams of becoming an attorney, to her finance studies at D…
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As the world navigates the rapid advancements in artificial intelligence, markets are adjusting to the implications of groundbreaking innovations on growth, competition, and investments. But how are market assumptions about AI shaping investor sentiment? What unique challenges and opportunities do these developments present for the semiconductor in…
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S04E02: Camille Asaro, Partner - Audit Alternative Investments, KPMG
46:52
46:52
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46:52S04E01: Camille Asaro, Partner - Audit Alternative Investments, KPMG In the fourth season premiere of 'Moments That Made Her,' Kelly Williams interviews Camille Asaro, National Audit Sector Leader for Private Equity at KPMG. Camille shares her upbringing in an Italian-American household, her path as the first generation college graduate, and her pi…
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As the world navigates evolving trade policies under a new administration, markets are adjusting to the implications of sweeping tariffs on growth, inflation, and investments. But how will these developments impact the Private Equity asset class? What unique viewpoint does Private Equity offer in this environment? And how can investors leverage the…
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S04E01: Patricia Miller Zollar, Managing Director, Neuberger Berman
45:15
45:15
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45:15In this episode of 'Moments That Made Her,' host Kelly Williams converses with Patricia Miller Zollar, Managing Director at Neuberger Berman. Pat shares her upbringing in a small town in North Carolina, emphasizing how her early experiences, including picking peaches, shaped her work ethic and academic focus. The podcast delves into her academic ac…
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As the United States embarks on a new administration, markets eagerly prepare for what is to come regarding domestic policy, international policy, tariffs, and geopolitics. But how will the Fixed Income asset class move through these new pathways? What factors are at play regarding fiscal and monetary policy? And how can investors prepare for the y…
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U.S. Small Cap equities are at a critical juncture. Not only has the valuation gap between Small and Large-Cap stocks grown exceptionally wide by historical measures, but numerous Small-Cap macro tailwinds also appear to be gathering force. So, why is active management crucial for navigating this segment? How are reshoring and deglobalization trend…
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Looking for insights on the key themes poised to shape the financial markets in the coming year? Hear from Anu Rajakumar, Erik Knutzen, Co-Chief Investment Officer of Multi-Asset, and Shannon Saccocia, Chief Investment Officer of Private Wealth, as they discuss pivotal macroeconomic and capital markets observations from our annual outlook, “Solving…
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Disruptive Forces Election Special: Trump's Cabinet
25:36
25:36
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25:36President-Elect Donald Trump will take office on January 20, 2025, after a whirlwind election season. But how could this term differ from his first? How will Trump’s cabinet be shaped, and what directions could this take the markets? On this episode of Disruptive Forces, host Anu Rajakumar welcomes Brad Tank, Co-Chief Investment Officer, and the Gl…
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Private Real Estate: From Uncertainty to Opportunity
18:08
18:08
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18:08Despite the challenges of a tough fundraising environment and fluctuating interest rates, private real estate is gaining traction as an attractive investment option amid economic uncertainties. But what makes private real estate a viable option? How does it help to hedge against inflation, and where do some of the unique opportunities lie? On this …
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Private Debt: The Appeal, The Fears & The Facts
22:21
22:21
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22:21In an ever-evolving financial landscape, Private Debt has emerged as a resilient and adaptable asset class, capturing the interest of investors seeking stability and growth. Despite negative media coverage, what makes this asset class appealing to investors? What are the implications of lower interest rates on Private Debt? And how does it fit into…
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With the rate tightening cycle largely behind us and discussions now shifting towards potential rate cuts, the time seems right to discuss Real Estate Investment Trusts. Despite REITs being perceived as bond proxies, they have the potential to offer stable and growing revenue streams from tangible assets like apartments, shops, data centers, and to…
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Amid the Volatility: What Are Investors’ Best Options?
22:19
22:19
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22:19Options, a seemingly daunting investment category, has been around for quite some time. Dating back to Ancient Greece, many investors have used Options as a way to mitigate risk. But how has Options trading evolved in recent years? What are the impacts of the upcoming Fed meeting and the U.S elections on this asset class? How can investors become m…
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Let the [Micro] Chips Fall Where They May
17:09
17:09
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17:09Financial markets across Asia have been making headlines in recent weeks. Ahead of the upcoming earnings calls for tech players such as Nvidia, we ask, what are the impacts of the Asia market on the US market? How are companies like Nvidia impacting Taiwan supply chains and global tech companies broadly? On this episode of Disruptive Forces, host A…
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With the election season well underway, the nation finds itself at the crossroads of significant political and potential economic uncertainty. How will each candidate impact the economy, specifically equity markets? And what can investors do to prepare? Join us on this episode of Disruptive Forces, where host Anu Rajakumar sits with Raheel Siddiqui…
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Disruptive Investments Within Disruptive Regulations
18:22
18:22
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18:22In the wake of past banking volatility and high-stake crises like the collapse of Silicon Valley Bank, regulatory scrutiny has continued to increase across the financial sector with proposals such as Basel III Endgame. The industry will need to adjust to the new disruptive forces at play. But what opportunities lie within the banking sector that co…
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Steve Eisman: From The Big Short to the Long Way Home
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20:33
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20:33In 2008, the housing market crash sent shockwaves through the financial industry and the world at large. However, a handful of investors saw the warning signs and began sounding the alarms long before the financial debacle unfolded. Their stories were captured in the New York Times bestselling book, The Big Short: Inside the Doomsday Machine, and i…
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S03E08: Yuka Hata, Managing Director, Head of Fund Investments, Japan Investment Corporation (JIC)
40:59
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40:59S3E58: Yuka Hata, Managing Director, Head of Fund Investments, Japan Investment The podcast 'Moments That Made Her,' hosted by Kelly Williams of the Private Equity Women Investor Network (PEWIN), presents an in-depth conversation with Yuka Hata, Managing Director and Head of Fund Investments at Japan Investment Corporation. Yuka shares her unique u…
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M&A financing continues to translate into supply opportunities in the investment grade market. With companies like Home Depot and Johnson & Johnson recently announcing multi-billion-dollar acquisition deals, we believe there is a $100 billion pipeline of announced deals over the course of 2024. However, the consumer retail space has simultaneously …
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In the last year, we saw Japanese equities led by Nikkei 225 and TOPIX gaining more than 30%. All while, the Bank of Japan raised interest rates for the first time in 17 years in March. With this active economic backdrop, what lies ahead for the Japanese market? How do geopolitical dynamics influence Japan? What should investors keep in mind when i…
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Empowering Women in Private Equity: A Conversation with Sarah Samuels This episode of Moments That Made Her, hosted by Kelly Williams, features a deep dive into the lives and careers of women in the private equity sector. The guest, Sarah Samuels, shares her journey from growing up in a small town with limited financial resources to becoming a part…
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Making Dollars and Sense: The Critical Role of Financial Literacy
30:00
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30:00As April marks Financial Literacy month, we recognize that budding investors are facing a backdrop of economic uncertainties and the ever-growing complexities of financial markets. With a staggering 78% of Americans living paycheck-to-paycheck and a significant portion of the population unable to cover unexpected expenses, understanding the basics …
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This episode of 'Moments That Made Her,' hosted by Kelly Williams, founding chair of the Private Equity Women Investor Network (PEWIN), features the founders of Reach Capital: Shauntel Garvey, Jennifer Carolan, and Wayee Chu. They discuss their backgrounds, from childhood education experiences and career transitions, to their venture into founding …
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As you may have seen in the headlines, the airline sector has seen quite their fair share of volatility recently. Since the start of COVID shutting down air travel to then returning back to pre-pandemic levels and then exceeding those levels, the airline sector has been receiving its own fair share of market turbulence. But as the aerospace market …
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Given the economic uncertainties that unfolded from the COVID-19 pandemic and lead to rising inflation rates, investors held onto cash as their main arsenal. However, with central banks signaling interest rate cuts, now might be the time to move cash off the sidelines. Anchored in insights from our Make Your Money Move campaign, we will explore que…
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S03E05: Elizabeth Hewitt, CIO, Sloan Foundation
47:03
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47:03S3E5: Elizabeth Hewitt, CIO, Sloan Foundation Moments that Made Her is a podcast where the rare and unique women that hold senior private equity roles share their stories, including the key personal and professional moments that defined their journeys and lessons they learned along the way. Moments that Made Her is a production of the Private Equit…
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Reassessing Retirement Savings with Robin Diamonte
27:22
27:22
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27:22As we mark the annual observance of International Women's Day this March, we highlight the contributions and milestones of women in society all month long. In honor of this celebration, we invited an esteemed female Chief Investment Officer to highlight a core investment topic some people tend to misunderstand: retirement savings. How has retiremen…
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When Specialty Finance Meets Silicon Valley Innovation
19:55
19:55
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19:55In the rapidly evolving world of alternative credit, Specialty Finance strategies can offer access to high-quality deals, backed with strong partnerships, for investors seeking to generate current income via short-duration transactions. With geographical positioning and technological advancements to consider, what is so special about this sector? H…
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Real Estate Secondaries: A Diamond in the Rough Market?
15:45
15:45
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15:45With liquidity needs continuing to be on the rise, many sophisticated investors look to the secondaries market for solutions. However, with the lower valuations in Real Estate, there may be opportunities in the Real Estate Secondaries space that might not be on the radar as a result of skepticism in the market. But where is that skepticism coming f…
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S03E04: Kate Mitchell, Co-founder, Scale Venture Partners
54:20
54:20
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54:20S3E4: Kate Mitchell, Co-founder, Scale Venture Partners Moments that Made Her is a podcast where the rare and unique women that hold senior private equity roles share their stories, including the key personal and professional moments that defined their journeys and lessons they learned along the way. Moments that Made Her is a production of the Pri…
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S03E03: Alison Nankivell, Senior VP, BDC Capital
38:46
38:46
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38:46S3E3: Alison Nankivell, Senior VP, BDC Canada Moments that Made Her is a podcast where the rare and unique women that hold senior private equity roles share their stories, including the key personal and professional moments that defined their journeys and lessons they learned along the way. Moments that Made Her is a production of the Private Equit…
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The recent buzz around private credit has captured the attention of investors worldwide. It has also demonstrated remarkable resilience amid economic uncertainties. So what opportunities does it present for both institutional and retail investors today? How has private credit disrupted traditional lending? And how could a potential recession affect…
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With a new calendar year ahead of us, many of us are taking the time to evaluate our investments against the current macro backdrop and seek to set ourselves up for long-term success. As the wave of economic volatility continues, we have found that there is no “one size fits all” approach in portfolio construction. But what does it mean to customiz…
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S03:E02 - Kristin Gunther, Partner, Revolution Growth
34:18
34:18
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34:18S03:E02 - Kristin Gunther, Partner, Revolution Growth Moments that Made Her is a podcast where the rare and unique women that hold senior private equity roles share their stories, including the key personal and professional moments that defined their journeys and lessons they learned along the way. Moments that Made Her is a production of the Priva…
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As 2023 comes to a close, with its turbulent and challenging market conditions, we look ahead to navigating the complex yet hopefully rewarding landscape to come. How can investors manage volatility and risk, and still find promising investment opportunities? What does the process of creating the ten themes entail? And what strategies can investors…
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As the end of the year approaches, many of us consider what we can we do for those in need. Charitable contributions are a vital source of capital for non-profit organizations, but how do investors consider allocating to these causes within their portfolio construction effectively? And particularly during these times of volatility, how can donors o…
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As we continue to navigate the challenged market environment, investors have been exploring what their options are for liquidity in their portfolios. Secondary Private Equity investors in particular have a lot to grapple with: from the undercapitalization of the secondary market to the shifting goals of buyers and sellers in the space. However, cou…
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S03:E01 - Emily Mendell, Executive Director, PEWIN
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54:00
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54:00S03:E01 - Emily Mendell, Executive Director, PEWIN Moments that Made Her is a podcast where the rare and unique women that hold senior private equity roles share their stories, including the key personal and professional moments that defined their journeys and lessons they learned along the way. Moments that Made Her is a production of the Private …
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There have been countless disruptions to the asset management industry in the last century with many groundbreaking innovations along the way. From the modernization of the '40 Act to the transformative impact of generative AI, how can we strive for excellence in this incredibly complex environment? Is there a way to have positive systemic impact? …
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From Hype to Reality: The Impact of Generative AI
26:14
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26:14Artificial intelligence (AI) has taken the world by storm, capturing our curiosity and driving massive investment in technology infrastructure. With the democratization of AI capabilities, the possibilities are endless. However there are also challenges and limitations, including the need for responsible use, data security, privacy, and regulatory …
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Bonds and Beyond in Today’s Fixed Income Markets
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25:51A shift into higher rates globally over the latter part of 2023 has created a new investment regime in the fixed income markets; prompting investors to reassess their strategic asset allocation. Despite the reset of fixed income yields to much higher levels, making the asset class look attractive, how can investors be prepared for potential rate cu…
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