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Apollo CEO Marc Rowan predicts a private markets 'shakeout'
Business Insider· 2026-03-03 18:30
Even one of private credit's biggest proponents is warning of a potential industry "shakeout." Marc Rowan, CEO of private credit giant Apollo Global Management, told Bloomberg News editor in chief John Micklethwait at the Bloomberg Invest conference on Tuesday that he thinks that there "will be a shakeout" in the alternative investment sphere.The comments come as fears mount over non-bank lending, with investors in semi-liquid retail funds at firms like Blackstone and Blue Owl ramping up withdrawal requests ...