2 items across 2 digests
Apollo CEO Marc Rowan warned of elevated market correction risks and criticized rival insurers' practices while positioning his firm defensively. This signals potential capital market stress that could affect technology and mining sector financing availability.
Apollo's John Zito has publicly questioned private equity software valuations, stating 'all the marks are wrong' and acknowledging weakness in private credit. This candid assessment from within the private credit industry signals potential broader corrections in tech valuations.