Apollo's deputy global head of private equity, Antoine Munfakh, warned that private equity firms will see a growing divide in returns due to delayed exits, aggressive valuations, and a $4 trillion backlog of unsold assets. The average hold time for assets has nearly doubled to eight years, pressuring firms to return capital to investors. Munfakh highlighted a systemic risk management failure in the industry's heavy exposure to software, which now accounts for 40% of buyout volumes, increasing vulnerability to tech disruption and AI impacts. Apollo is focusing on 'HALO' assets—businesses less prone to tech disruption—to create value using AI rather than being threatened by it.
Apollo Global Management has chosen Austin, Texas, as the location for its second US headquarters, moving away from New York City. The decision was influenced by Austin's appeal to talent unwilling to pay New York prices and the absence of state inco...
Apollo Global Management announced the appointments of Huw van Steenis as European Economic & Policy Strategist and Sarah Jenkins as Head of Government Affairs for Europe, both starting in August in London. Van Steenis brings over 25 years of experie...
Apollo Global Management is leading a $35 billion capital solution for Broadcom's new AI XPV Platform, in partnership with Blackstone and global banks. This funding aims to enable over 20GW of compute capacity for advanced AI labs through 2028, suppo...
