The Minutes of Marc Rowan on private markets https://minutesof.com/marc-rowan/on/private-markets/ Everything Marc Rowan has said on private markets: 8 verbatim quotes between May 2023 and April 2026, each with a timestamp and a link to the recording it… en Sun, 30 Aug 2026 16:22:32 +0000 Rowan notes major innovation companies like SpaceX, OpenAI, and Stripe all remain private despite US capital m https://minutesof.com/q/9cfd8755-e421-47f3-958c-ab095f5f6e5c/ https://minutesof.com/q/9cfd8755-e421-47f3-958c-ab095f5f6e5c/ “But I'll go through the companies who are creating massive change. SpaceX, Anthropic, OpenAI, Stripe, Cursor, Cognition, Andoril. What do all of them have in common?” — CNBC Events Thu, 16 Apr 2026 13:25:25 +0000 private markets Rowan says private market capital enables companies to invest long-term without quarterly pressure or accessin https://minutesof.com/q/4a4202a0-f7c2-4fb5-ad0f-59d61642011b/ https://minutesof.com/q/4a4202a0-f7c2-4fb5-ad0f-59d61642011b/ “I think what we're seeing is the availability of capital in private markets is allowing companies to do a series of things, to invest for the long term, not to be driven by quarterly earnings, and to obtain massive amounts of debt and equity to finance their business plan without accessing public markets.” — CNBC Television Wed, 03 Sep 2025 12:01:15 +0000 private markets Rowan challenges the perception that public markets are safe and private markets risky. https://minutesof.com/q/277bcf60-ecbe-492a-9755-99df1a9e77f3/ https://minutesof.com/q/277bcf60-ecbe-492a-9755-99df1a9e77f3/ “We have a perception that what's public is safe and what's private is risky. But what if we're wrong?” — Bloomberg Podcasts Mon, 05 May 2025 14:48:44 +0000 private markets Rowan claims Apollo's private markets plus guaranteed income offering is 60% better, not just 5-10% better. https://minutesof.com/q/c492805e-3091-4cec-b72b-f6bab1d4f910/ https://minutesof.com/q/c492805e-3091-4cec-b72b-f6bab1d4f910/ “the outcome that we can offer with access to private markets and guaranteed income is not 5% better or 10% better, it's 60% better.” — Apollo Global Management Wed, 09 Oct 2024 14:53:15 +0000 private markets Rowan states public companies halved to 4,000 while 80% of large companies are now private. https://minutesof.com/q/0ff7ae99-25d5-47ce-a5ba-6e5d046f2772/ https://minutesof.com/q/0ff7ae99-25d5-47ce-a5ba-6e5d046f2772/ “We now have 4,000 public companies. People think most of the action is in public markets. 80% of companies over 100,000,000 of revenue and 80% of employment is in private companies.” — Yahoo Finance Mon, 06 May 2024 16:23:24 +0000 private markets Rowan argues retirement systems know their liquidity needs for ten years and should get paid for illiquidity. https://minutesof.com/q/69be1527-0a25-4fb3-88a6-8682ba49f0a5/ https://minutesof.com/q/69be1527-0a25-4fb3-88a6-8682ba49f0a5/ “Liquidity liquidity is a risk to everyone but in differing degrees. So if you are a retirement plan or a retirement system, you know your liquidity requirements for the next ten years.” — Bloomberg Television Tue, 05 Dec 2023 15:03:34 +0000 private markets 2022 was a good opportunity for us to realize that public can be both safe and risky, and private can be both https://minutesof.com/q/9b9b57ae-8a78-4042-b399-df74d123e28e/ https://minutesof.com/q/9b9b57ae-8a78-4042-b399-df74d123e28e/ “2022 was a good opportunity for us to realize that public can be both safe and risky, and private can be both safe and risky. The only difference is a degree of liquidity.” — Barron's Thu, 11 May 2023 15:16:29 +0000 private markets Rowan reframes public versus private markets as fundamentally about liquidity rather than risk. https://minutesof.com/q/1d4daa1f-225e-4b95-8e27-c5e50630de20/ https://minutesof.com/q/1d4daa1f-225e-4b95-8e27-c5e50630de20/ “We now know public can be risky as well. We now have found out that private can be both safe and risky. What we're talking about is differing degrees of liquidity.” — Bloomberg Television Mon, 01 May 2023 16:21:23 +0000 private markets