Apollo Bridges the Gap Between Two of the Biggest Economic Needs -- Market Talk

0500 ET - There are two primary needs across the economy, Apollo Global Management CEO Marc Rowan says in an interview with WSJ Leadership Institute: Companies need capital, and individuals need insurance. Apollo positions itself in between these needs, bridging the gap by turning the loans that companies take out into steady interest for individuals. "When we guarantee the outcome, we call that insurance," Rowan says. "We put our capital behind it." On the other hand, "when we pass that same opportunity through to investors, we call that asset management," he adds. "We charge a fee." As a result, Apollo has skin in the game. About half the money the firm manages belongs to its own balance sheet, while the other half belongs to outside clients. (connor.hart@wsj.com)

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November 02, 2026 05:00 ET (10:00 GMT)