Apollo's Harris Says Pandemic Has Powered Surge in Assets

The transcript discusses the impact of COVID-19 on various sectors like airlines and energy, and how investments in these areas are being managed. It highlights strategies for investing in companies with poor balance sheets and the importance of being agile during crises. The discussion also covers expected returns from investments in distressed securities and the role of government response in shaping market opportunities. Finally, it touches on Apollo's growth and future projections.

Which industries were mentioned as being heavily impacted by COVID-19?

• Airlines and Resorts

• Technology and Healthcare

• Real Estate and Construction

• Banking and Finance

What is the company's strategy during crises according to the second section?

• Expanding into new markets

• Focusing on technology advancements

• Acquiring senior secured debt

• Investing in new startups

How does the company aim to create superior risk-return opportunities?

• By investing in high-risk startups

• By acquiring distressed securities

• By focusing on short-term gains

• By reducing operational costs

What historical achievement is highlighted in the third section?

• The launch of a new financial product

• The successful trade involving LyondellBasell

• The acquisition of a major airline

• The company's entry into the tech industry

What factors are mentioned as influencing the current crisis?

• Technological advancements

• Social media trends

• Government response and fiscal stimulus

• Global warming

What is the company's growth expectation over the next decade?

• To triple in size

• To double twice

• To remain stable

• To decrease by half

What is the potential return range for the company's private equity funds?

• 5% to 10%

• 10% to 15%

• 15% to 20%

• 20% to 25%