Paid to Sweat: Centerbridge's Jeff Aronson on the Growth of Private Markets

In this episode of Goldman Sachs Exchanges Great Investors, Alison Mass interviews Jeff Aronson, co-founder and managing principal of Centerbridge Partners, about his career transition from law to finance, the evolution of the distressed business, and the formation and growth of Centerbridge. Aronson shares insights into building a successful investment firm, including the importance of people, culture, and adaptability. He also discusses Centerbridge's investment strategies, its commitment to social mobility through partnerships with CUNY, Bloomberg, and Goldman Sachs, and his approach to leadership and succession planning. The conversation concludes with a lightning round covering Aronson's early investments, mentors, and his excitement for the future of the alternative investment space.