Rowan reports Apollo's thirty-two year track record shows 36% gross and 26% net returns with every fund making carry.
“If you look at the now thirty two year history, 36% gross 26% net returns every fund has made carry.”
Rowan cites 44% net returns on Apollo's 2001 fund to counter concerns about too much money chasing deals.
“And in that fund, which was the two thousand and one fund, 44% net returns. So now you fast forward and you look at the last three funds we've done.”