ROWAN SAYS PEOPLE βLOST THEIR MINDSβ OVER PRIVATE CREDIT FEARS
https://media.zenfs.com/en/wealth_management_474/eb3a48843bbdd3fb2add5a2f4dc01d20
βοΈ Apollo Global Management CEO Marc Rowan rejects claims that private assets in retirement and insurance portfolios pose a systemic risk, citing transparency and investment-grade ratings.
π Apollo's CEO rejects claims that private assets in retirement and insurance portfolios pose a systemic risk π Most private credit held by insurers and pension fund buyers is rated investment grade π Lenders can get direct access to borrowers' management π Apollo's exchange-traded private credit fund with State Street Corp. provides daily price updates π Apollo has traded $6 billion in its investment-grade private credit business
-- #MarcRowan #ColmKelleher #HongKong #business
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