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Higher interest rates have contributed to a wholesale reset of valuations across the real estate market.
In 1964, a group of economists and policymakers warned the White House that a new technological revolution—what they called “cybernation”—would usher in an era of near-limitless production with progressively less need for human labor. The implication was clear: mass unemployment was not just possible, but inevitable.
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Robert Seminara is Partner and Head of Europe at Apollo and is also a member of the Firm’s Leadership Team. Prior to joining Apollo in 2003, Rob was in the Private Equity group at Evercore Partners and previously at Lazard Frères & Co. in its Media & Communications group. He is a Member of the Board of Novolex and Metal Can Corporation.
Rob graduated from the University of Pennsylvania’s Wharton School of Business with a BS in Economics.
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