Start Date: 12/4/2023 12:00 PM EST
End Date: 12/4/2023 12:30 PM EST
In his new book, Harvard Law’s John Coates argues that a handful of large index fund providers and private equity firms exert outsize influence over the U.S. economy. Coates charts the rise of Big Four indexers BlackRock, Fidelity, State Street Global Advisors and Vanguard, which collectively control about 20% of votes at S&P500 companies. He also examines the speedy ascent of private equity giants Apollo, Blackstone, Carlyle and KKR and their success at moving an expanding swath of U.S. companies away from public scrutiny. Coates is the John F. Cogan Professor of Law and Economics and deputy dean of Harvard Law School. He has also served in senior positions at the SEC and was a partner at Wachtell, Lipton, Rosen & Katz. Amy Borrus, CII’s executive director, moderated the webinar and Q&A for CII members.
CII Members may access a recording of this webinar in CII's Event Archive.
