Apollo's CEO Eyes Retail-Focused Asset Managers for Growth in Private Investments

Marc Rowan, CEO of Apollo Global Management Inc., has identified asset managers engaging with retail clients as a promising avenue for private investment expansion.

According to Rowan, these firms have the potential to form one of the most significant coalitions supporting private assets. This group would stand alongside traditional backers like institutions, insurance entities, and individual investors.

He anticipates an increase in retail customer involvement through a variety of investment vehicles. This growth is expected in mutual funds, exchange-traded funds, and a broad spectrum of other products catered to the retail sector.