The Bridge by iCapital

Yes here's the title and description for Ep 9 -    VIDEO HEADLINE: (YouTube + Podcast Title)   The Bridge Ep. 9 | Software's on Sale. Is the Correction Over?   DESCRIPTION: (YouTube + Podcast)   In this episode of The Bridge, Sonali Basak, Chief Investment Strategist at iCapital, sits down with Steve Tananbaum, Founder and Chief Investment Officer of GoldenTree Asset Management, to discuss why today's software correction may be only halfway complete, how a structurally complex credit environment is creating selective opportunities for disciplined investors, and why this moment calls for valuation and downside protection rather than predictions about where the market is headed.   The conversation also covers how AI is emerging as both a source of opportunity and a structural risk for software business models, why dispersion rather than broad systemic distress is the defining feature of this credit cycle, and what the pace of AI adoption will reveal about which companies are true contenders and which are simply pretenders. Tananbaum shares his conviction that as business models keep evolving and uncertainty rises, outcomes will diverge sharply, rewarding investors who underwrite to a disciplined base case over those leaning on broad macro assumptions.  

In this episode of The Bridge, Sonali Basak, Chief Investment Strategist at iCapital, sits down with Jack Weingart, Chief Financial Officer of TPG, to discuss why the 2026 IPO surge is an anomaly rather than a trend, how the most significant value creation is increasingly happening in private markets before companies ever go public, and why today's IPO moment is masking a deeper structural shift that Weingart says is unlike anything the market has seen in decades.   The conversation also covers how private credit is mirroring private equity's structural evolution, why AI is emerging as the primary driver of operational value creation over financial engineering, and what the speed of AI adoption will reveal about which companies are truly built for this cycle and which aren't. Weingart shares his conviction that over the next ten years, accelerating innovation will push more companies toward private markets, not away from them.

In this episode of The Bridge, Sonali Basak sits down with Victor Khosla, Founder & CIO of Strategic Value Partners, to discuss why "private credit" has become too broad a term to be meaningful, how opportunistic credit has evolved from distressed paper trading to actively owning and operating real assets, and why today's credit environment is unlike anything Khosla says he has seen in decades. The conversation also covers the structural stress building across high yield, leveraged loans, and private credit markets, why software is emerging as the biggest fault line for private equity and credit portfolios, and what the coming shakeout will reveal about who was truly positioned for this cycle and who wasn't.

In this episode of The Bridge by iCapital, Rob Sechan, Co-Founder of NewEdge Capital, joins our Chief Investment Strategist Sonali Basak to unpack why AI concentration in markets is more justified than it looks, and why the investors who get it wrong are often watching the wrong risks entirely. From the arms race driving AI infrastructure spending to the disciplines that separate durable portfolios from reactive ones, Sechan offers a grounded framework for navigating elevated valuations alongside constant macro noise. He makes the case that quality, diversification, and opportunistic allocation still win across cycles, and that the next major risk is almost certainly not the one investors are focused on.

In this episode of The Bridge by iCapital, John Waldron, President & COO of Goldman Sachs, joins Soali Basak to unpack why the economy is stronger than it looks, where AI fits into the growth picture, and why the next major opportunity in private markets may be closer than investors think. From persistent inflation and elevated rates to the structural shift toward private credit and the evolution of capital markets, Waldron offers a grounded, cautiously constructive view of where we are, and what it will take for AI to deliver the growth the market is pricing in.

In this episode of The Bridge by iCapital, Sadek Wahba, Founder and Chairman of I Squared Capital, breaks down how investing in essential, hard assets—from airports and water systems to power generation, fiber, and data centers—can play a critical role in portfolio construction. He explores: - Why infrastructure can offer long‑duration, inflation‑linked cash flows - What digital infrastructure really includes — beyond just data centers - How diversification across sectors and regions helps manage risk - Why the U.S. has underinvested in infrastructure for decades - How public‑private partnerships are increasingly stepping in to fill the gap From water and transport to AI‑driven digital demand, this conversation connects the fundamentals of infrastructure investing with the forces shaping its future.

The Bridge gives listeners a seat at the table with the leaders shaping what comes next. Hosted by Sonali Basak, Chief Investment Strategist at iCapital, each episode connects investing intelligence with the decisions and strategies shaping the markets.

In this episode of The Bridge by iCapital, Deven Parekh, Managing Partner at Insight Partners, joins host Sonali Basak, Chief Investment Strategist at iCapital, to unpack how AI is reshaping software investing — and why the next phase won’t be defined by hype, but by execution, durable moats, and who can adapt at speed. They also explore why “AI vs. non‑AI” is becoming a false distinction, how markets over‑rotate on software sentiment, and what typically stops a runaway cycle: a meaningful miss that shifts demand expectations, tightens capital, and resets valuations.

In this episode of The Bridge by iCapital, host Sonali Basak, Chief Investment Strategist at iCapital, sits down with Nouriel Roubini, Senior Economic Strategist at Hudson Bay, to reassess the long‑term outlook for the global economy, and why he believes the coming decade could be defined by the most powerful wave of innovation in human history. The conversation also tackles the near‑term crosscurrents: geopolitical shocks, fiscal and monetary tension, labor disruption, and inflation anxiety. While these pressures may create short‑term volatility, Roubini argues they remain second‑order compared to the secular tailwind of technology reshaping the global economy.

In this episode of The Bridge by iCapital, Fortress Co‑CEO Jack Neumark joins Sonali Basak, Chief Investment Strategist at iCapital, to unpack how private credit is changing, where risk is commonly misunderstood, and why structure, underwriting, and downside protection matter more than ever. From asset‑backed lending and real estate credit to the shifting role of banks and the return of lender leverage, Neumark offers a grounded view of where opportunity is emerging, and how disciplined investors are positioning for durability across cycles.