Marc Rowan - CEO of Apollo | Podcast | In Good Company | Norges Bank Investment Management

This interview podcast features Nicolai Tangen, CEO of Norges Bank Investment Management, interviewing Marc Rowan, co-founder of Apollo Global Management, about the evolution of Apollo, the changing landscape of finance, and the future of private versus public markets. The conversation covers Apollo's strategic shift towards credit origination and its massive growth, the increasing role of asset managers in providing long-term capital, and the potential for a shakeout in the private equity industry due to low returns on past investments. Rowan predicts a future where the distinction between public and private investment-grade credit blurs, with private markets gaining liquidity and becoming more prominent. A key takeaway is Rowan's emphasis on "purchase price matters" as a core investment philosophy, highlighting the importance of value investing and risk management in navigating current market conditions.