<p>By merging with Athene, Apollo has disrupted the traditional asset management model: the company is not just a third-party asset manager, but a capital investor and one of the largest investors in its own products. Apollo is building an asset management company that resembles a merchant, emphasizing principal investors rather than agents. The company believes this model will ultimately prevail</p>

- John Zito, Vice CIO of Apollo Global Management, discussed the firm's innovative transformation in asset management during an interview with Tony Pasquariello.  
- He highlighted how Apollo's merger with Athene has redefined its role as a principal investor, aligning its interests with clients and adapting strategies to the changing macroeconomic environment.  
- Zito emphasized the importance of long-term capital in financing significant capital expenditures and the need for customized solutions in private credit markets.

Wallstreetcn

Apollo Global

Financial Select Sector SPDR Fund

From Traditional PE to an $800 Billion All-Industry Chain Asset Management Giant - The Rise of Apollo