This episode explores Apollo's strategic five-year plan, focusing on the significant shifts in the asset management industry and Apollo's positioning to capitalize on emerging opportunities. Against the backdrop of evolving market dynamics and the disappearance of past tailwinds, Apollo's CEO, Marc Rowan, outlines four key areas for growth: a global industrial renaissance requiring long-term capital solutions, the untapped potential of the retirement market, the blurring lines between public and private investment-grade assets, and the transformation of equity markets. More significantly, Rowan emphasizes the importance of origination capabilities and building a strong company culture as crucial for success. For instance, he highlights Apollo's unique approach to partnerships and its strategic alignment with Athene, a retirement services company, to generate alpha and manage risk effectively. The discussion concludes by emphasizing the importance of origination as a key driver of future growth and the need for Apollo to remain adaptable and innovative in a rapidly changing financial landscape. This means a shift from focusing on AUM and capital raising to prioritizing asset origination and the development of new products and services to meet the evolving demands of individual and institutional investors.
