Apollo prioritizes yield, hybrid strategies in Asia - AVCJ Forum
Apollo Global Management’s yield and hybrid businesses – rather than private equity – are likely to account for the bulk of its activity in Asia, with Marc Rowan, the firm’s co-founder and CEO, saying he has no desire to “add to the growing list of private equity funds who are in the Asian universe.”
Of Apollo’s $472 billion in assets under management, about $5 billion are in Asia. The firm has bulked up its presence in the region in recent months, appointing Matt Michelini, a senior partner, as...
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