Buyout firms are on the brink of a software reckoning, having failed to spot signs that technologies like artificial intelligence would upend one of private equity’s favorite sectors, according to one ...
As private credit market fears lead to rising redemption requests, Apollo Global billionaire CEO Marc Rowan has harsh words ...
Apollo Global Management’s chief economist, Torsten Slok, is warning that the software industry could face mounting financial pressure later this decade as a significant wave of debt approaches ...
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Apollo's John Zito questions private equity's software valuations: 'All the marks are wrong'
Apollo executive John Zito said private equity firms are broadly misstating the value of their software holdings, telling UBS clients last month that "all the marks are wrong." Zito warned that ...
NEW YORK, Feb 13 (Reuters) - Executives at Apollo, Ares, Blackstone, KKR and other private capital firms are having trouble convincing stock market investors that their portfolios are safe from the ...
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