Apollo CEO Marc Rowan on Private Markets, US Election, Fed Interest Rates

Apollo Global Management CEO Marc Rowan discusses private-market lending, the potential for more bank partnerships following Apollo's tie-up with Citigroup, and the outlook for private versus public equity. In a conversation with Bloomberg's Jonathan Ferro, he also comments on the US presidential election and the outlook for Federal Reserve policy.
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00:00:00 Private-market credit, infrastructure investment
00:04:02 Citigroup partnership, further deals with other banks
00:06:08 Public vs. private lending, equity, fixed income
00:09:32 Privates can produce 50-60% better outcomes for 401ks
00:11:54 Regulators, disclosures, maturity transformation
00:14:55 US election: "I'm more scared of four years of the status quo"
00:17:32 Agrees with Apollo economist Torsten Slok on Fed interest rates
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