---
title: "Apollo Global CEO warns: The private equity market is about to face a \"big washout\""
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/277652213.md"
description: "Apollo Global Management CEO Mark Rowan warned that the private credit industry is about to face a \"big washout\" triggered by rising default rates on loans from software companies. He pointed out that this process will not be short-term and is foreseeable, emphasizing the importance of excellent underwriters and risk managers"
datetime: "2026-03-03T16:20:45.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/277652213.md)
  - [en](https://longbridge.com/en/news/277652213.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/277652213.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/277652213.md) | [繁體中文](https://longbridge.com/zh-HK/news/277652213.md)


# Apollo Global CEO warns: The private equity market is about to face a "big washout"

Apollo Global Management CEO Mark Rowan warned that the private credit industry is about to face a "shakeout" due to concerns over rising default rates on loans to software companies. Rowan stated that this shakeout will not be a short-term event and is foreseeable and predictable; he emphasized the importance of being an excellent underwriter and risk manager

### Related Stocks

- [Apollo Global Management, Inc. (APO.US)](https://longbridge.com/en/quote/APO.US.md)

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