Apollo Global Management CEO Marc Rowan warned investors about a 30-35% chance of an economic shock despite the current strong market conditions. He cited risks from geopolitical shifts, inflationary pressures, and AI-driven disruptions that could destabilize markets. Apollo is preparing by improving credit quality, reducing exposure to risky sectors, and holding $40 billion in cash to weather potential downturns. Rowan also criticized some insurers for risky and opaque practices that could cause contagion in the sector, emphasizing Apollo's commitment to transparency and long-term stability.
Citigroup downgraded Apollo Global Management's stock from Buy to Reduce due to concerns over a potential economic slowdown and a sharp drop in U.S. private credit lending. Apollo's shares are trading well below their 52-week high, reflecting caution...
Apollo Global Management has finalized the acquisitions of Emerald Holding and Questex, merging two major B2B event and media companies into a single, scaled platform. This integration aims to accelerate growth, enhance innovation, and deliver greate...
