Why Apollo CEO Marc Rowan says the traditional investing model is ‘broken’
Investors seeking diversification will need to start turning to the rapidly expanding private markets, Apollo Global CEO Marc Rowan says . Rowan and Apollo are at the forefront of a tectonic shift in the investing landscape . Apollo, Blackstone and KKR together now have more than $2.6 trillion of assets under management, more than quadruple what they held a decade ago .
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