Skip to main content

AustraliaBreaking News

Bloomberg

Griffin Says Mamdani Made It Clear That He Needs to Double Down on Miami

Citadel founder Ken Griffin says New York City Mayor Zohran Mamdani has proven that he made the right choice in moving from Chicago to Miami. "What the mayor of New York has made clear to my partners, and principally my New York partners, is that we need to double down on our bet in Miami," Griffin said during an interview at the Milken Global Conference. He also wouldn't say if he's going to finish building a new tower in Manhattan at 350 Park Avenue.

Read more
Bloomberg

Guggenheim's Schwartz Concerned Private Credit Will Crack

Alan Schwartz, executive chair of Guggenheim Partners, discusses surging US power demand from electrification and AI, arguing data centers and hyperscalers should be seen as partners in lowering long term electricity costs. Speaking at the Milken Institute Global Conference in Beverly Hills, California, Schwartz also addresses the recent concerns about the private credit market.

Read more