Apollo CEO Marc Rowan claims US investors are less effective due to benchmark focus, favoring those in Singapore, UAE, and other regions.

Apollo Global Management CEO Marc Rowan stated that the best investors are no longer based in the US, citing a focus on benchmarks as the reason. He believes investors in Singapore, the United Arab Emirates, and other regions are more effective. Apollo and other private equity firms have turned to the Middle East, Asia, and wealthy individuals for fundraising, as institutional investors in the US remain over-allocated to the asset class.

February 27, 2024
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