{
  "id": 9336054,
  "title": "Apollo Global Management at Bank of America conference: liquid private markets",
  "url": "https://urgent.news/2026/09/23/apollo-global-management-at-bank-of-america-conference-liquid-private",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-23T12:46:12.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/transcripts/apollo-global-management-at-bank-of-america-conference-liquid-private-markets-93CH-4913064"
  },
  "original_language": "en",
  "account": "At the Bank of America's 31st Annual Financials CEO Conference on September 23, 2026, Apollo Global Management chairman, CEO, and co-founder Marc Rowan unveiled a strategy centered around liquid private markets, increased client accessibility, and a larger role in the global economy's financing.\n\nRowan highlighted the firm's strong demand and favorable market conditions but cautioned that the industry is mature, and success hinges on origination rather than capital alone. Apollo is transitioning from a fund-based model to semi-liquid and fully liquid products that can integrate seamlessly into clients' existing systems.\n\nThe United States economy, according to Rowan, remains robust, with low near-term recession risk and robust demand for capital across energy, infrastructure, manufacturing, defense, and AI sectors. He sees Europe as a significant growth opportunity, particularly in private credit and pension risk transfer.\n\nApollo aims to cater to five client groups beyond traditional institutional alternatives, including individual investors, insurance companies, debt and equity investors, traditional asset managers, and retirement platforms like 401(k) and defined contribution plans. The company is moving away from a fund-centric model and shifting towards structures that are more easily traded, priced, and settled.\n\nRowan explained that Apollo is developing products for these five client groups, moving away from a fund-centered model and toward structures that are more tradable, priceable, and settleable. Daily net asset value pricing has been implemented for the investment-grade suite, while full credit business daily NAV pricing is expected by September 30. All products now have CUSIP or ICE IDs, enabling secondary market trading, and regular-way settlement is targeted for the following year.\n\nApollo currently manages $1.15 trillion in assets, including approximately $300 billion in equity and $850 billion in credit. Rowan stated that Apollo is one of the five largest alternative asset managers globally across all major measures.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Nordea at Bank of America 31th Annual Financials CEO Conference: scale, digital edge",
        "url": "https://urgent.news/2026/09/23/nordea-at-bank-of-america-31th-annual-financials-ceo-conference-scale",
        "published": "2026-09-23T15:22:03.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}