“I literally think all the marks are wrong,” Apollo’s John Zito said of private equity in previously unreported comments.
9hon MSN
Apollo's John Zito questions private equity's software valuations: 'All the marks are wrong'
While Wall Street figures have flagged risks in private credit, Apollo's Zito is among the first within private credit to candidly acknowledge weakness.
Apollo Global Management Inc. is in talks to buy a significant minority stake in Syntegon, the German packaging machine maker owned by CVC Capital Partners Plc, people with knowledge of the matter ...
Apollo Global Management Inc. is ramping up its efforts to give investors more regular insight into the value of its opaque private credit holdings, just as a spate of redemption requests from such ...
Beginning in mid-2021, Apollo repeated those conclusions across multiple SEC filings, including its quarterly 10-Q reports ...
Back in 2008, executives at Goldman Sachs Group Inc. were zealots for valuing their assets at exactly the prices where they could be sold. Critics said this fervor for fair value inflamed the ...
Apollo Global Management (APO) is facing legal actions over allegedly failing to disclose past communications of CEO Marc Rowan and Former Board Chairman Leon Black, among other leadership figures, ...
By Jonathan Stempel and Isla Binnie NEW YORK, March 2 (Reuters) - Shareholders sued Apollo Global Management and its billionaire co-founders Leon Black and Marc Rowan on Monday in a proposed class ...
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