Apollo Global Management
also referred to as: apollo · apollo platform
59 statements across 16 episodes · 19 bullish · 4 bearish · 17 people on the record · first statement Jul 2, 2018 by Peter Troob · said 238 times in 49 episodes since 2017 · across every show →
Mentions by year
brought up most by Ted Seides (104), Scott Kleinman (33), David Abrams (12), Max Frumes (10), Eric Resnick (7), Kipp deVeer (6), Sujit Indap (5), David Rubenstein (5)
tap a year for its mentions
2026 92 mentions in 5 episodes 18 per episode
- Scott Kleinman – Apollo's Integrated Alternatives Platform (EP.481)
- Alex Sloane & Matt Perelman – Buy-and-Build Playbook in the Core Economy at GSP (EP.499)
- Jonathan Lewinsohn – Credit Microcycles at Diameter (EP.484)
- Kieran Goodwin – Private Credit Concerns (EP.494)
- Lane MacDonald – Teamwork, Alignment, and Investing at the Highest Levels at SCS (EP.483)
- every mention in 2026, scene by scene →
2025 12 mentions in 7 episodes 2 per episode
- Ted on Alt Goes Mainstream (EP.458)
- Michael Sidgmore – Alternatives Go Mainstream (Private Wealth 1, EP.443)
- Josh Wolfe & Brett McGurk – Venture, Geopolitics, and the Next Frontier (EP.476)
- Michael Kelly – Democratizing Access to the Middle Market at Future Standard (EP.473)
- Jeff Aronson – Building Centerbridge Across the Capital Structure (EP.468)
- Kipp deVeer – Scaling for Private Wealth Globally in Credit (Private Wealth 5, EP.449)
- Ian Charles - Private Equity's New Rules (EP.431)
- every mention in 2025, scene by scene →
2024 6 mentions in 5 episodes 1 per episode
- Michael Milken – Innovations in Finance, Medicine, and Education (EP.371)
- Year in Review 2024 (EP.424)
- Training Grounds: Wellington Management – Jean Hynes (EP.423)
- Eric Peters - Paradigm Shifts and Solutions at One River (EP.422)
- Ben Hunt - The Stories that Drive Markets (EP.393)
- every mention in 2024, scene by scene →
2023 55 mentions in 11 episodes 5 per episode
- Matt Breitfelder – Optimizing Investment Performance through Human Capital (Capital Allocators, EP.323)
- David Abrams – Sports Ecosystem Investing at Velocity (Capital Allocators, EP. 303)
- Eric Resnick – Ski, Golf, and Vacation Investing at KSL (EP.322)
- Kipp deVeer – The World of Private Credit at Ares (EP.329)
- Aaron Sack – Branded Middle Market Investing at Morgan Stanley (Capital Allocators, EP.311)
- Mario Giannini & John Toomey – Private Equity Panel (Capital Allocators EP.309)
- Allison Thacker – Different Perspectives and Different Assets at Rice University (EP.348)
- Stan Miranda – Modern Endowment Model at Partners Capital (EP.334)
- 3 more episodes that year, every mention in 2023 →
2022 9 mentions in 4 episodes 2 per episode
- Matt Brown – Tidal Wave of Capital for Alternatives from Retail (Capital Allocators, EP.272)
- Sachin Khajuria – Two and Twenty, An Insider's Take on Private Equity (Capital Allocators, EP.285)
- Michael Rees – Inside GP Stakes at Dyal Capital (Capital Allocators, EP.278)
- SPECIAL ANNOUNCEMENT: Private Equity Deals Podcast
- every mention in 2022, scene by scene →
2021 55 mentions in 10 episodes 6 per episode
- Max Frumes and Sujeet Indap –Inside the Sausage Factory of the Caesar's Restructuring (Capital Allocators, EP.209)
- Private Equity Masters 4: David Rubenstein – Carlyle Group (Capital Allocators, EP.203)
- Wylie Fernyhough – Private Equity Stakes (Capital Allocators, EP.208)
- Private Equity Masters: Paul Salem – Providence Equity Partners (Capital Allocators, EP.175)
- Christopher Zook – Thematic Investing and Raving Fans at CAZ Investments (Capital Allocators, EP.226)
- Ian Charles & Doc O'Connor – Investing in Sports Teams at Arctos Sports Partners (Capital Allocators, EP.225)
- Stefan Kaluzny – Sycamore Partners [Manager Meetings, EP.16]
- Barry Sternlicht – Masterclass in Real Estate in a Post-COVID World (Capital Allocators, EP.216)
- 2 more episodes that year, every mention in 2021 →
2020 3 mentions in 3 episodes 1 per episode
- Adam Fisher – Blending Global Macro and Real Estate at Commonwealth Asset Management (First Meeting, EP.21)
- Daniel Adamson – Innovation from Asset Giants at Capital Constellation (EP.136)
- Dan Rasmussen – Private Equity Risk and Public Equity Opportunity at Verdad Advisers (First Meeting, EP.15)
- every mention in 2020, scene by scene →
2019 1 mention in 1 episode
2018 3 mentions in 2 episodes 2 per episode
2017 2 mentions in 1 episode
Everything said about Apollo Global Management, oldest first
Jul 2, 2018 neutral
Jul 12, 2021 neutral
Jul 12, 2021 neutral
Rubenstein: Blackstone, Carlyle, KKR, Apollo make 95% of profits in developed markets
“In the end, if you look at the large firms that we're now talking about, and I'll use the four big ones, Blackstone, Carlyle, KKR, and Apollo. They make 95% of their money in the developed markets. I'm counting China and India, I suppose, is developed for this…”
Aug 13, 2021 positive
LPs bought GP stakes to share in economics they helped create
“I think in general it was that strategic element of there were a lot of large We'll say institutions that were looking to have a closer relationship. And so whether it was a large pension looking to get a better allocation and just economic relationship with, …”
Aug 16, 2021 neutral
Aug 16, 2021
Elliott secured Caesars bankruptcy date agreement to trigger CDS payout
“And he had been running very tough negotiation with Apollo and struck a very, very tough deal because he knew that Apollo needed an ally really badly. And so he got all sorts of goodies, including a convertible preferred security, as well as one of these well-…”
Aug 16, 2021
Apollo aligned with Elliott and GSO to pressure junior creditors
“They go into bankruptcy with this deal with Elliott. They very quickly get a deal with the GSO group, and that is supposed to create all kinds of pressure on the most junior debt holder, which is the Oak Tree Appaloosa second lead bondholders.”
Aug 16, 2021
Caesars' B-7 loan eliminated its maintenance covenant and parent guarantee
“And they offered them very, very generous fees, among other things, to participate in this transaction that accomplishes three things. One, it's gonna give them some liquidity to refinance out some of their other debt. Two, it's going to remove the most onerou…”
Aug 16, 2021 negative
Examiner found $5B in potential claims against Caesars and PE executives
“Richard Davis, a former Watergate prosecutor, chosen as an examiner at the beginning of the case and gets deep access and interviews, you know, 75 different people who are designing and behind these transactions. Goes through millions of documents with a team …”
Aug 16, 2021
Caesars restructuring centered on fraudulent conveyance accusations over property transfers
“The mass tort in the case of Caesars is the accusation of fraudulent conveyance in these transactions where many of the top properties of the Caesars opco ended up in these affiliated entities where Apollo owned them, and they were out of the hands of Creditor…”
Aug 16, 2021 neutral
Apollo and TPG transferred Caesars casinos to bankruptcy-remote entities
“Apollo and TPG executed a series of these complex asset deals, asset transfers, financial engineering, where more money is put in the business. They buy casinos from the existing Caesars and Harris Opgo, all in an attempt, ostensibly, to Keep everybody's inves…”
Aug 16, 2021 positive
Apollo raised record PE fund following Caesars bankruptcy loss
“And while it was a Huge loss for Apollo and TPG. Their reputations of being able to fight for their LPs allowed them to immediately after the conclusion of the bankruptcy and the confirmation in 2017, two years later, they raised the largest private equity fun…”
Aug 16, 2021 neutral
Caesars restructuring became a PE roadmap rather than a cautionary tale
“Caesars ended up being less of a cautionary tale and more of a roadmap, and the reason for that, I think, is very simple. People realized that after this deal, Apollo raises a twenty-five billion dollar fund, and the LP community didn't really penalize them, a…”
Sep 15, 2022 neutral
Sep 26, 2022 bullish
Sep 26, 2022 positive
Brown: Top asset managers are building thoughtful, low-fee products for wealth channels
“The sophistication in the product innovation that these large asset management firms are working on, whether it's an Apollo or Franklin Templeton, a Hamilton Lane, Blackstone, of course, comes to mind and others. They're really designing very thoughtful, low f…”
Sep 26, 2022 positive
Mar 23, 2023
Jun 26, 2023 positive
Jun 26, 2023 negative
Jun 26, 2023 positive
Jun 26, 2023 positive
Breitfelder: Effective managers apply the platinum rule, not the golden rule
“The platinum rule is actually taking the time to understand what that person needs from you.
Like, what do they need?
How do they want to be treated?
What drives them?
What's their story?
What's coming from their background and what they're contributing?
And h…”
Jun 26, 2023 positive
Breitfelder: Focus development on turning A-minus skills into A-plus strengths
“Going from an A- to an A+, is where we should put all our energy. And going from a C to a B matters as well, depending on what your job is. But if you're a C at something, the path from C to A plus is really long, really hard, really steep. The path from A min…”
Jun 26, 2023
Breitfelder: Allocators must assess asset managers' human capital at three levels
“So I'd be asking about at the three levels, the organizational level, what are you doing as an organization to achieve outperformance over a long period of time? Like what are those practices? How do you run your investment teams? And how do you make sure you'…”
Jun 26, 2023 positive
Breitfelder: Human capital focuses on helping high performers peak, not clinical remediation
“The difference between my mother's passion and my own was she was very focused on restoring people to health. And looking back in it, I realized, oh, my vocation's much more helping healthy people perform at the highest possible levels.”
Jun 26, 2023
Breitfelder: Leaders without a concrete self-improvement plan leave value on the table
“If you are not walking around with a list of one to three things where you are, you know you need to get stronger and better, and you're not being vulnerable asking people for feedback, and you're not working a plan, you're leaving way too much value on the ta…”
Jul 24, 2023 neutral
Contagion Risk Interconnects the Top 8 to 10 Alternative Asset Managers
“If something happens to Blackstone or Apollo or KKR, we're going to get the same question. What does your exposure look like? How do you guys think about this? So it's, yeah, there's an interrelatedness of eight or 10 of these companies for sure.”
Nov 6, 2023 negative
Fund Managers' Purported 'Trade Secrets' Are Already Known to Competitors
“It is amazing to me how often managers say, oh, I can't tell you that because that is a trade secret or that's our secret. It is not a secret from anyone. All of your competitors know it. Let's say that Apollo told me that. I could call Carlisle and they'd be …”
Dec 30, 2024 positive
Seides: Insurance liabilities provide extremely low capital cost for credit managers
“It started with Apollo buying Athene, and more and more you see the insurance liability base matches really well with credit with some incremental yield, and it's an extremely low cost of capital for the managers.”
Feb 10, 2025
May 5, 2025 neutral
Nov 24, 2025 bullish
Jan 19, 2026
Jan 19, 2026 bullish
Kleinman: Apollo will roll out lower-leverage active equity strategies over next 5 years
“My only point is there are lots of ways that over the next five years, we will begin to bring other forms of equity to investors that isn't necessarily private equity, i.e. Levered equity buyout type capital that gives Premium to the longterm S&P with more sta…”
Jan 19, 2026 bullish
Kleinman: Apollo reaches $1T AUM with half from captive insurance capital
“We'll end the year pro forma for an acquisition right around a trillion dollars. Half of that, five hundred billion of that is our own captive insurance capital. One out of every two dollars we invest is for our own balance sheet, our own company.”
Jan 19, 2026
Kleinman: Global CapEx Wave Forces Corporates to Seek Alternative Financing
“We're in a point in the CapEx cycle like we've never seen, certainly in my career, where companies have to spend so much money between the energy transition, the digital transformation, the re-globalization of moving assets around given the new world order. Co…”
Jan 19, 2026
Kleinman: Private equity cannot scale like credit due to concentrated dealmaking
“There's only so much you can deploy in private equity. When you are making six or eight consequential decisions a year, there's only so much capital you can deploy on that basis. In the credit business, instead of buying a hundred million of this particular bo…”
Jan 19, 2026 neutral
Kleinman: Asset management growth is constrained by origination, not capital
“The whole industry thinks in terms of capital formation. I just got to raise more capital and I'll deploy it. We flipped that on its head and said, no, the limiter of our growth is not capital. We've never had a situation where we've had good ideas and haven't…”
Jan 19, 2026 positive
Kleinman: Apollo Bought Compass Minerals Under 6x EBITDA, Made 5x Return
“We bought it at under six times enterprise value to EBITDA, but because of the nature of that business, much of its business went into highway salt. You were able to scale the business. It was a surprisingly more stable business than you would have thought, an…”
Jan 19, 2026
Jan 19, 2026
Kleinman: Private equity outgrew its historical culture of extreme secrecy by 2020
“Private equity is a secret of business. Information was power. Information was kept very close to the vest. The less the outside world knew about what we did, the better. We had grown up in a very non-communicative way, both externally and internally. When pri…”
Jan 19, 2026
Kleinman: Post-GFC alternatives industry completely ignored investment-grade credit
“We had to figure out how do we earn excess return in AA, in single A, in triple B, which no one in the alternatives industry was thinking about at the time. That left the space wide open for us to be able to go do that.”
Jan 19, 2026 neutral
Jan 19, 2026 neutral
Kleinman: Apollo rarely used public stock for M&A as originally anticipated
“The one thing that I would have thought we would have done more, having a currency for acquisitions, was one of the reasons we went public. It hasn't materialized in the way we would have thought at the time. We tend to do a better job building our own busines…”
Jan 19, 2026 neutral
Kleinman: Apollo will not raise fund capital without balance sheet participation
“But if we don't have a home on the Apollo balance sheet that thinks that's an interesting risk return, I'm not going to go out and raise that money because that may be right for the asset management business, but that's not right for what we're trying to do in…”
Jan 19, 2026
Jan 19, 2026 neutral
Jan 19, 2026
Jan 19, 2026 positive
Kleinman: Hybrid equity targets low-to-mid-teens net returns with debt-like downside protection
“Hybrid is forms of equity that are more downside protected, so not swinging for the 20% rate of return per year, but low to mid-teens, net rates of return that give you more downside protection, things that look and smell like debt, but have enough equity leve…”
Jan 19, 2026 bullish
Kleinman: Apollo bought Bridge Investment Group to expand real estate
“Obviously, with rates moving and cap rates moving, we, this year, went out and bought a fifty billion dollar real estate Asset manager called Bridge, and that's now an area we're starting to redirect and lean into because the relative pricing has repriced ther…”
Jan 19, 2026 neutral
Jan 19, 2026
Kleinman: Apollo Can Deploy Up to $20B in a Single Financing Deal
“And because of our scale, we're not showing up at 205 hundred million at a time. We can show up at three, five, 10, twenty billion dollars at a clip and speak for that level of capital to be able to do that with big IG counterparties.”
Jan 19, 2026
Jan 19, 2026 bearish
Jan 19, 2026 positive
Jan 19, 2026
Kleinman: Every Apollo employee receives stock comp and citizenship-based bonuses
“Well, for one, it goes back to everybody's bonus to some extent is based on a qualitative, were they good Apollo citizen? Two, every employee at Apollo gets a portion of their comp in Apollo stock, and the stock only goes up if all the ships are rising, not if…”
Jan 19, 2026
Jan 19, 2026
Kleinman: Financial incentives fail without perceived multidirectional reciprocity across teams
“If all the benefit went from this direction to that direction, I don't care what the financial incentives are, people would throw their hands up and say, I'm not doing that. But because the system is a flywheel, and our people see the benefit flowing in all di…”