Marc Rowan
Co-Founder and CEO, Apollo Global Management. On 1 show, 1 appearance. The Shows tab opens the full record on each.
executivefounderinvestorapollo.com ↗Wikipedia ↗
Marc Rowan co-founded Apollo Global Management in 1990 and became its CEO in 2021. He served as a key architect behind Apollo's strategic expansion into private credit and insurance asset management.
1shows
1appearances
31statements
7resolved
5supported
2contradicted
71%fully supported
Everything Marc Rowan said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Marc Rowan predicts disastrous returns for private equity enterprise software deals
“I personally expect the returns from private equity in the ground to be disastrous. Because so much of exposure is to enterprise software, and this does not mean that enterprise software companies are going out of business. Far from it. It means that the prosp…”
Rowan: University protests are fundamentally anti-American and anti-system
“Israel, Palestine is not fully an anti-Semitic issue. And that's not what I saw at these universities. I saw it as an anti-American, anti-system issue.”
Marc Rowan predicts blue-collar ascendancy and white-collar decline from AI
“What I've said previously is I think we're going to see a little bit of blue collar ascendancy and white collar decline.”
Rowan: Vast majority of UPenn donors reduced annual donations to $1
“Vast majority of donors decided to give the university a dollar per year versus whatever their donation was.”
Rowan: Apollo hires based on individual merit and distance traveled
“We've stuck with the same formula. We hire for merit. Adjusted for distance traveled. And distance traveled is not about your immutable characteristics. It is about you as an individual, not your class, not your group.”
Rowan: Apollo's climate investment policy permits financing hydrocarbons
“We're gonna make it better, not worse, but if that includes financing hydrocarbons, we're gonna finance hydrocarbons.”
Rowan: Private markets are the only remaining source of investor diversification
“And so if you're an investor and you're looking for diversification, there's no place to get it other than private markets.”
Rowan: Apollo assumes AI will replace or enhance every job
“We operate under the assumption that every job is going to be replaced or enhanced.”
Rowan: Five banks and five tech firms will dominate fixed income
“And so the same thing, by the way, is happening in the global fixed income market dominated historically by 10 large banks. It's about to be dominated by five large banks and five large tech companies. As much concentration as exists in the equity market, That…”
Rowan: Alternative asset managers are limited by origination capacity, not capital
“We are not limited ultimately by capital. We are limited by our capacity to create.”
Rowan: Apollo investment grade private products will offer daily pricing by June
“And so, we're starting with our investment grade private suite of products, and we will be daily estimated value by June 30.”
Rowan: Apollo will expand daily valuations across entire credit business by September
“This is about creating an ecosystem, and by the end of September, this will be across the entirety of our credit business.”
Marc Rowan predicts credit spreads will widen from AI concentration
“I think spreads are gonna widen.”
Rowan: Financial firms die from funding risk or bad assets
“Financial services firms die from one of two causes. Heart attacks or cancer. Heart attack is funding risk. If you lend long and borrow short, you have funding risk.”
Rowan: Credit makes up 80% of Apollo's assets, private equity only 10%
“80% of the assets under management are credit, and the vast majority of that is investment grade. And the other two hundred billion, or 20% of it, half of it is what we call hybrid equity, partner-like equity, and half of it is traditional private equity in a …”
Rowan: Transparency and price discovery expand market size tenfold
“I've never seen a market in the world where you have transparency and price discovery that is not 10 times its size.”
Rowan: Tech and industrial giants dominate private investment grade issuance
“But if you think of the largest issuers of private investment grade, it's Intel, it's Air France, it's EDF, it's AT&T, it's Meta, it's BP Energy, and so on, and you're hearing lots of public companies.”
Rowan: 30% of private equity capital went to enterprise software last decade
“30% of the private equity industry over the past decade has been devoted to enterprise software.”
Rowan would repeat his public campaign against UPenn leadership identically
“But on balance, I would do it all again in exactly the same way.”
Rowan: Apollo fires employees for ignoring mistakes, not making bad decisions
“You do not get fired here for making a bad decision. You get fired here for not recognizing it, or not owning it, and not fixing it.”
Rowan: Top 10 stocks account for nearly 50% of S&P 500
“10 stocks right now in the US are nearly 50% of the S&P, and they're all levered to the same trend.”
Rowan: Investment firms cannot scale without serving a fundamental societal good
“When you are a small firm, you can be a good deal shop. But when you want to get large, you have to serve a fundamental good, otherwise the societal pressure, the government regulation, the forces around you constrain you.”
Rowan: Industrial companies will stay private longer
“We, we're gonna see the same thing happen with industrial companies. Lots of industrial companies are just gonna decide to stay private longer for all the reasons we know.”
One line per show, most statements first. The link opens Marc's full record on that show: the calibration, argument clarity, speaking style and every statement made there.
| Show | Role there | Eps | Statements | Record | |
|---|---|---|---|---|---|
 a16zLEDGER | Co-Founder and CEO, Apollo Global Management | 1 | 31 | 71% 5/7 | full record on the a16z Podcast → |