The Minutes of Marc Rowan on public vs private https://minutesof.com/marc-rowan/on/public-vs-private/ Everything Marc Rowan has said on public vs private: 3 verbatim quotes between October 2024 and February 2026, each with a timestamp and a link to the… en Sun, 30 Aug 2026 16:22:33 +0000 Rowan challenges the forty-year assumption that private markets are inherently riskier than public markets. https://minutesof.com/q/ce45dcc4-d0f6-445a-bb4c-0eae566d86c4/ https://minutesof.com/q/ce45dcc4-d0f6-445a-bb4c-0eae566d86c4/ “The disconnect in people's minds of private and investment grade is actually funny to watch sometimes, because we've grown up with forty years of thinking that private is risky and public is safe.” — Marsh Fri, 06 Feb 2026 21:54:43 +0000 public vs private Rowan argues public and private markets both contain risk; the key difference is liquidity, not safety. https://minutesof.com/q/245af8cf-6d4d-4672-be3e-7016560da06d/ https://minutesof.com/q/245af8cf-6d4d-4672-be3e-7016560da06d/ “What if private is safe and risky, and public is safe and risky, and we're talking about differing degrees of liquidity in different markets? I think that's what we're seeing.” — Marsh Fri, 06 Feb 2026 21:54:43 +0000 public vs private Rowan criticizes forcing $12-13 trillion in 401(k)s into daily liquid index funds for fifty-year periods based https://minutesof.com/q/accabe85-c1e5-4863-8a9d-bd8ef0a77479/ https://minutesof.com/q/accabe85-c1e5-4863-8a9d-bd8ef0a77479/ “we have 12 to $13,000,000,000,000 in 04/2001 and we're forcing these really long term investors to own daily liquid index funds for a period of time, fifty years.” — Apollo Global Management Wed, 09 Oct 2024 14:53:15 +0000 public vs private