GSO's Goodman on Retirement, Markets, the Next Cycle

Benny Goodman discusses his departure from Blackstone, highlighting the firm's strong position and his personal achievements. He emphasizes the importance of prioritizing LPs and maintaining a transparent culture. Goodman describes the current investment climate as tricky, advising caution and a focus on lower-risk opportunities. He predicts future market cycles driven by valuation and geopolitical events rather than macroeconomic factors. Goodman plans to become a senior advisor at Blackstone and start a family office, focusing on smaller-scale investments.

How does the speaker view the role of liquidity in the current market?

What is the speaker's perspective on distressed bonds in the current market?

What future plans does the speaker have after leaving Blackstone?

What does the speaker say about the demand for psilos in relation to interest rates?