John Zito
Co-President, Apollo Asset Management. On 1 show, 1 appearance. The Shows tab opens the full record on each.
executiveinvestorapollo.com ↗
Since joining Apollo in 2012, Zito has served as a principal architect in scaling its multi-hundred-billion-dollar global credit and capital markets platform. He now co-leads all investing activity and day-to-day operations for Apollo Asset Management and serves as Chairman of warehouse-lending affiliate Atlas SP.
1shows
1appearances
44statements
10resolved
6supported
1contradicted
60%fully supported
2said about them ↓ Everything John Zito said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Zito: Principal-focused asset management models will beat agent-focused models
“We're building effectively a more merchant focused, principal focused, not agent focused asset manager. And we think that, that model's gonna win.”
Zito: Private Credit Firms Are Becoming Primary Lenders to S&P 500
“We're in the middle of this just generational shift in the way everything gets capitalized, and the traditional relationship between investor asset manager, bank asset manager, S&P 500 issuer, and private alternative firm that is deemed to be more, you know, m…”
Zito: Delivering 15%+ returns in alternatives without zero rates seems really hard
“We've raised all these pools of capital under a construct that all of these alternative products should make 15% plus rates of return in all different environments without the subsidy of effectively zero to negative rates. That seems hard. Seems really hard.”
Zito: Tokenized Quarterly Liquid Funds Will Eventually Trade 24/7
“We're experimenting with, you know, what we listed our first fund on blockchain with five different protocols, and we're tokenizing the fund, where I think funds will actually trade. And even though they're quarterly liquid, they'll trade every day, three 65, …”
Apollo Allocates Its $300B Athene Balance Sheet 95% to Investment Grade
“And with that brought on close to half our balance sheet, just over three hundred billion dollars today of our own balance sheet, which we're investing every day, 95% investment grade, five percent alternatives.”
Zito: Long-Duration Annuities Naturally Fit Infrastructure Financing
“The beautiful thing about annuities is it's,
Long duration liabilities. What beautiful thing about retirement, long duration in terms of the life, 10, 2030, 50 years in some cases. That matches really well with long duration infrastructure projects. So the nat…”
Zito: Europe Has Multi-Trillion Dollar Private Credit Opportunity
“Multi-trillion dollar opportunity to take assets out of the banks into private credit and create tons of liquidity to fund all these growth projects with Germany and France and the rest of the Eurozone need to do because they've underspent on lots of infrastru…”
Zito: Daily Liquid Fixed-Income Products Have Not Changed in 25 Years
“I don't think the daily liquid fixed income products have changed once in 25 years, which is pretty stark.”
Apollo Raised Over 50% of Retirement Insurance Equity Since the GFC
“If you look at how much equity capital's been raised in the last, since the GFC, we're over 50% of total equity capital raised in retirement insurance businesses”
Zito: Asset Managers Cannot Easily M&A Their Way Into Credit Origination
“It's very hard to M&A your way into the business, because there's a origination culture that's been built here for 1520 years. I mean, just in credit. And to align yourself in a principle way, and to actually be able to talk, the origination isn't just having …”
Zito: Corporate Issuers Choose Private Credit for Off-Balance-Sheet Flexibility
“Typically off balance sheet. It doesn't go against their existing debt quantum, so it's typically off balance sheet, typically longer duration, typically flexibility in some sort of coupon and when it ramps, if it's a project that's ramping, we may give them a…”
Zito: Europe May See Higher Economic Growth for First Time in a Decade
“Everyone has a hard time betting on that, but it feels like the stars are aligned that potentially you see a higher growth regime in Europe for the first time in a decade.”
Zito: Venture Defense Startups and Hyperscalers Are Becoming Asset-Heavy Debt Issuers
“Now you have venture companies actually building defense companies that are going to be super asset heavy. And now you have hyperscalers that have never had any debt that need a lot that are becoming now more capital intensive.”
Zito: Apollo Bought $750M-$1B More Carvana Bonds on the Way Down
“It went from us, you know, being a lead order in a JP Morgan syndicated deal in 22 to all of the bonds a year later trading at 30. Having bought another seven 50 to a billion of bonds on the way down.”
Zito: Credit Markets Are Non-Zero-Sum Unlike Equity Markets
“Cause in credit, it's not zero sum. You know, the equity markets are more zero sum. You win the deal. I lose the deal. Credit. It's like, you're going to be in this, you typically are in the same bond with them or seem loan, or maybe we'll be on the other side…”
Zito: Apollo Led Creditor Co-op Representing 90% of Carvana Bonds
“So we were able to get 90% of the bonds on board. They launch this exchange. The exchange gets blocked.”
Zito: Apollo will lead mega AI data center financing after Intel deal
“There's not, frankly, there's only a few investors that can Finance them with matched liabilities at the scale, and we're fortunate to be one of them. I think we'll be a leader in that. Intel was just the start of that.”
Zito: Apollo Originates $260B Annually as AUM Approaches $800B
“We're a, Eight hundred billion, just under eight hundred billion dollar asset manager. A vast majority of our capital is in credit. We're growing at a hundred and fifty billion a year. We're writing anywhere between a billion to two billion of annuities per we…”
Zito: Apollo is the biggest investor across most of its products
“We're the biggest investor in a vast majority of our products.”
Zito: Generational Surge in Power, Defense, and Compute Spending Ahead
“We're about to go through this generational shift in power, infra, defense spend in Europe, it's been completely underspent and is needed globally.
Everybody needs more compute.
I don't think there's a debate on that.”
Zito: US Has $15T Securitized Market vs Europe's $500B
“You know, we have a 15 trillion dollar securitized market here in the US. There's a five hundred billion securitized market in Europe. The economies aren't that different in size. You know, we're 30 trillion here, we're 24 trillion in Europe.”
Zito: US Equities Trade at 5–7 Turn Multiples Higher
“We trade at, because of all the benefits of us growing faster and having better companies, bigger talent pool, that, that resulted in most of our equities trading at somewhere between five and seven turn multiples higher, multiple trillions of value.”
Zito: Apollo Structured an $11B, 30+ Year Protected Deal for Intel
“How do you take a deal for like an Intel, eleven billion dollar deal for Intel and structure it in a way that's North of 30 years, really equity type capital, but where we feel like it's more debt side protected, you have to have some creativity to do that. Ca…”
The other half of the tape: John Zito's own voice is left out of every number here. Other people bring the name up 2 times in 1 episode across the shows. every mention, with the transcript →
Who brings them up most Patrick O'Shaughnessy 2
Every mention by year
tap a year for its mentions
Invest Like the Best 2
2025 2 mentions in 1 episode
One line per show, most statements first. The link opens John's full record on that show: the calibration, argument clarity, speaking style and every statement made there.
| Show | Role there | Eps | Statements | Record | |
|---|---|---|---|---|---|
| INVEST LIKE THE BESTLEDGER | Co-President, Apollo Asset Management | 1 | 44 | 60% 6/10 | full record on Invest Like the Best → |