The Common Good was proud to present a timely and important conference call conversation on the the economy and the coronavirus with Mohamed El-Erian, one of the world’s most influential economic thinkers and Chief Economic Advisor to Allianz SE, the parent of PIMCO, and legendary venture capitalist investor Alan Patricof. El-Erian and Patricof discussed a range of relevant economic issues including the possibility of recession in the wake of the coronavirus outbreak, the impact of the $2 trillion coronavirus stimulus package, investing in the current economic climate, and the effect of the coronavirus on small businesses, banks and the global landscape.
ABOUT MOHAMED EL-ERIAN
Dr. Mohamed A. El-Erian has worked on economic and financial issues in both the public and private sectors. He is the Chief Economic Advisor at Allianz, the corporate parent of PIMCO where he formerly served as chief executive and co-chief investment officer (2007-14) and is a Professor of Practice at the Wharton School. He also serves as senior advisor to Gramercy, a columnist for Bloomberg View, a contributing editor at the Financial Times, and a member of the boards of Barclays and UnderArmour, as well as several non-profits. Elected in May 2019, he is scheduled to succeed Lord Eatwell as President of Queens’ College Cambridge in October 2020.
From December 2012 to January 2017, Dr. El-Erian chaired President Obama’s Global Development Council. He was named to Foreign Policy’s list of “Top 100 Global Thinkers” for four years in a row.
ABOUT ALAN PATRICOF
A longtime innovator and advocate for venture capital, Alan Patricof entered the industry in its formative days with the creation of Patricof & Co. Ventures Inc., a predecessor to Apax Partners – today, one of the world’s leading private equity firms with $50 billion under management.
He stepped back from the daily administration and operational aspects of Apax Partners, LP in 2004 to concentrate on a group of small venture deals on its behalf. In 2006, he founded Greycroft Partners, a venture capital firm, to invest in leading early and expansion stage investments in digital media. With offices in New York and Los Angeles, Greycroft is currently investing from its fifth Fund as well as its second Growth Fund and has $2B+ under management.
A true pioneer and legend in the venture capital world, Alan has helped build and foster the growth of numerous major companies such as America Online, Apple computer, Office Depot, Audible and many others.
Sidney Blumenthal is an acclaimed journalist and author of many books including A Self-Made Man, Wrestling with His Angel and All the Powers of Earth, the first three volumes in his five-volume biography series The Political Life of Abraham Lincoln that the New York Times book review has called “Magisterial…A vividly written, wide-ranging and often surprising account of the president-to-be.” He is the former assistant and senior adviser to President Bill Clinton and senior adviser to Hillary Clinton. He has been a national staff reporter for The Washington Post and Washington editor and writer for The New Yorker. His books include the bestselling The Clinton Wars, The Rise of the Counter-Establishment, and The Permanent Campaign. He was the executive producer of the documentary Taxi to the Dark Side, directed by Alex Gibney, which won an Academy Award for Best Documentary of 2007.