David Rubenstein, Carlyle Group co-founder, says many state pension funds are massively underfunded. He's on "Bloomberg Surveillance" previewing the next episode of "Bloomberg Wealth with David Rubenstein" where he sat down with CalPERS Chief Investment Officer Nicole Musicco. -------- Like this video? Subscribe to The David Rubenstein Show on YouTube: https://www.youtube.com/channel/UCqsN9MYiu1mKSAsYoF6ppTg Watch the latest episodes of "The David Rubenstein Show: Peer-to-Peer Conversations" here: https://www.bloomberg.com/peer-to-peer Learn more about David: http://www.davidrubenstein.com/ Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/