Speaking to CNBC’s Robert Frank, Apollo CEO Marc Rowan posed a simple question: What if the assumptions we’ve always relied on in finance no longer hold true?

Mergermarket recently profiled Apollo’s equity capital markets activity, noting the firm sold ~$2.4B of equity in early 2025 across a number of transactions, including Lottomatica, ADT and Sun Country.

As demand for long-term, flexible capital accelerates, private markets can have a vital role to play. Apollo is built to meet the moment.