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Marc Rowan Defends Apollo's Private Credit Amid Redemption Concerns

4/16/2026

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Marc Rowan, Apollo Global Management's CEO, defended the firm's private credit strategy at CNBC's Invest in America Forum amid concerns about a 5% quarterly redemption limit.
Rowan criticized peers in private credit, saying investors should understand their holdings better.
He noted Apollo's private credit fund has 12% of its loans in software, a sector facing AI disruption fears.
Last year, Apollo originated $310 billion in investments, primarily in investment-grade financing.

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Story summary

Marc Rowan, Apollo Global Management's CEO, defended the firm's private credit strategy at CNBC's Invest in America Forum amid concerns about a 5% quarterly redemption limit.
Rowan criticized peers in private credit, saying investors should understand their holdings better.
He noted Apollo's private credit fund has 12% of its loans in software, a sector facing AI disruption fears.
Last year, Apollo originated $310 billion in investments, primarily in investment-grade financing.