Rowan reports Apollo's best year ever with $650 billion AUM, $500 billion in credit.
“Single best year in Apollo's history. Earnings. Asset performance. The our platform as you think about it we are around 650,000,000,000 of assets under management in our asset management business. 500,000,000,000 of that is credit.”
Rowan reports Apollo's best year ever with around $650 billion in assets under management.
“Single best year in Apollo's history. Earnings. Asset performance. The our platform as you think about it we are around 650,000,000,000 of assets under management in our asset management business.”
Rowan says Apollo's $550 billion credit business needs to find $300-350 billion in assets over five years to double.
“There's mostly alpha, but there's a chunk of beta in there. For us to double that business, it's finding 300,000,000,000 of assets or 350,000,000,000 of assets over the next five years.”