Apollo International Administration CEO Marc Rowan discusses private-market lending, the potential for extra financial institution partnerships following Apollo’s tie-up with Citigroup, and the outlook for personal versus public fairness. In a dialog with Bloomberg’s Jonathan Ferro, he additionally feedback on the US presidential election and the outlook for Federal Reserve coverage.
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00:00:00 Non-public-market credit score, infrastructure funding
00:04:02 Citigroup partnership, additional offers with different banks
00:06:08 Public vs. non-public lending, fairness, mounted revenue
00:09:32 Privates can produce 50-60% higher outcomes for 401ks
00:11:54 Regulators, disclosures, maturity transformation
00:14:55 US election: “I am extra scared of 4 years of the established order”
00:17:32 Agrees with Apollo economist Torsten Slok on Fed rates of interest
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