Apollo to Spend $350 Million to Enhance Private Credit Trading

01:50 PM EST, 11/03/2026 (MT Newswires) -- Apollo Global Management (APO) plans to spend around $350 million over the next 24 months to enhance the private credit trading sector by increasing price transparency, according to a transcript of the company's Q3 earnings call. "The data drives everything," Apollo Chief Executive Marc Rowan said. "We would not be able to do estimated daily value. We would not be able to do market making without data. But data can still be improved. We will make a continued, very sizable investment in data." Price: 114.20, Change: -5.27, Percent Change: -4.41