Apollo CEO Marc Rowan on Private Markets, US Election, Fed Interest Rates

Apollo Global Management CEO Marc Rowan discusses private-market lending, the potential for more bank partnerships following Apollo's tie-up with Citigroup, and the outlook for private versus public equity. In a conversation with Bloomberg's Jonathan Ferro, he also comments on the US presidential election and the outlook for Federal Reserve policy. Sign up for Matt Levine's Money Stuff, a newsletter about Wall Street, finance and other stuff. https://bloom.bg/3X2O2d8 00:00:00 Private-market credit, infrastructure investment 00:04:02 Citigroup partnership, further deals with other banks 00:06:08 Public vs. private lending, equity, fixed income 00:09:32 Privates can produce 50-60% better outcomes for 401ks 00:11:54 Regulators, disclosures, maturity transformation 00:14:55 US election: "I'm more scared of four years of the status quo" 00:17:32 Agrees with Apollo economist Torsten Slok on Fed interest rates -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts