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Jonathan Shapiro

Junk bond king hosts deal-maker fest

Michael Milken’s annual gathering in Los Angeles attracts the most powerful names in finance, as well as the odd tech titan and Hollywood A-lister, but the real action is on the sidelines.

Los Angeles | Attention, power and money. For three days, the Beverly Hills Hilton in Los Angeles is the centre of these three forces as delegates roll out of their Black SUVs searching for whatever is on that list they don’t have enough of.

The Milken Global Conference has become an important fixture on the international deal-making scene, with Michael Milken, the former junk bond king, luring politicians, celebrities and financiers to his three-day event.

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Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com

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    Original URL: https://www.afr.com/markets/equity-markets/musk-headlines-star-studded-investor-gathering-in-beverly-hills-20250506-p5lwu3