Video Description

GoldenTree Asset Management Founder, Managing Partner, and CIO Steven Tananbaum speaks with David Rubenstein for the premiere of Bloomberg Wealth Season 5. Tananbaum shares his journey — from forming an investment club as a college student at Vassar to eventually co-founding his own firm. Today, he oversees about $60 billion in assets, specializing in credit with a focus on public debt, distressed debt, structured products and emerging markets. Tananbaum also weighs in on the global economy, the dollar, and the growing competition in private credit. This interview was recorded April 9 in New York. Chapters: 00:02:34 - What does GoldenTree do? 00:04:49 - Is Credit still a good investment? 00:12:28 - Steve's Background 00:19:04 - What is Distressed Debt? 00:20:33 - Distressed Investing -------- Like this video? Subscribe to The David Rubenstein Show on YouTube: https://www.youtube.com/channel/UCqsN9MYiu1mKSAsYoF6ppTg Watch the latest episodes of "The David Rubenstein Show: Peer-to-Peer Conversations" here: https://www.bloomberg.com/peer-to-peer Learn more about David: http://www.davidrubenstein.com/ Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/