Apollo Global: AUM Surge, SaaSpocalypse Fears, And The Manufactured Private Credit Crisis

Apollo Global Management ( APO ) has seen its multiple to fee-related earnings ("FRE") get crushed as market fears over a private credit blow-up dominate the news cycle. However, this crisis has come without the corresponding rise in non-performing loans ("NPLs") thatThe equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on undervalued yet hig ...