Retirement Plans 'On Cusp' of Including Private Assets
Summary by Traders Magazine
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Retirement Plans 'On Cusp' of Including Private Assets
Marc Rowan, chairman and chief executive at Apollo Global Management, said on the results call on 5 August 2025 that the numbers for the second quarter were “nothing short of extraordinary.” Rowan said Apollo was launched to serve the smallest bucket of institutional clients, alternatives, but now has a significant number of other sources of demand. One is individuals, which Apollo expects to be as large as the institutional business over time. …
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