Leon Black's CEO successor has turned Apollo into a money-making machine Apollo is generating some of the fattest current returns in alternative asset management. Fortune · Sep 26, 2023
Apollo’s Marc Rowan actually paid attention in actuarial studies—and what he learned is helping turn his firm into a $1 trillion business “I knew more than anyone else about insurance risks,” Rowan recalls of his first foray into the industry. His understanding of the market led him to marry the firm he founded to a profitable insurer. Fortune · Sep 25, 2023
Apollo’s ‘golden age’: CEO Marc Rowan is already supercharging profits—and has a strategy to turn the Wall Street heavyweight into a $1 trillion business “I don’t think I’ve discovered fire," Rowan says, sipping a barista cappuccino from a paper cup. "I think we’re just logically looking at trends, and we’ve picked a really, really big market that’s got the best future in the world of credit.” Fortune · Sep 22, 2023
Meet the most powerful private equity investors from Blackstone, Vista Equity, and Apollo Whether in their sixth decade or their third, these are some of the most powerful private equity investors in the U.S. And they have $1.5 trillion to invest. Fortune · Jul 31, 2023
The most predicted recession ever maybe won’t happen. Get ready for the ‘asset class recession’ An asset class recession would hit at a uniquely vulnerable time, as the share of Americans invested in stocks hasn’t been so high since the Great Financial Crisis. Fortune · May 24, 2023
The CEO of a massive private equity firm says he knows exactly what's going on with the 'non-recession' recession we're having right now All the rules say the U.S. should be in recession, but a billionaire investor says it's being contained to the rich. Fortune · May 5, 2023
Who’s responsible for JPMorgan’s $175 million acquisition of Frank, the fintech startup accused of fraud? Several executives and investors played key roles in the acquisition of Frank, the fintech startup that JPMorgan is accusing of fabricating millions of users. Fortune · Feb 10, 2023
How did JPMorgan fall for Frank? Several execs played a role in buying the $175 million startup that’s been accused of fraud JPMorgan hoped to get a foothold in the fast-growing world of student loans. Instead, they got a huge headache. Fortune · Feb 3, 2023
M&A Activity Plunges In Echo Of Great Recession: Here's What Apollo Global Management Just Said About Its Latest Deal The merger and acquisition market has slowed dramatically in recent months as market volatility and persistently high inflation has prompted dealmakers to take a more conservative approach to M&A. Benzinga · Nov 2, 2022