At the Milken Institute Global Conference in Los Angeles, Worth Media’s Dan Costa sits down with Cate Ambrose, CEO of the Global Private Capital Association (GPCA), for a candid conversation on the future of global investing, the rebranding of “emerging markets,” and how the U.S. is lagging behind in fintech, infrastructure, and innovation.

Cate, a 12-year Milken veteran, explains why her organization moved away from the “emerging markets” label and how today’s most exciting investment opportunities are coming from places like Brazil, Turkey, India, Africa, and beyond. With global institutions like KKR, Temasek, and CPP Investments on her board, she shares: