Apollo's Zito Says Relationships With Banks Are Strong

The transcript discusses the shift from equity to credit investments due to changes in the rate hiking cycle. It highlights Apollo's strategies in asset origination, underwriting, and capital raising, emphasizing opportunities in private credit and partnerships with banks. The discussion also covers liquidity versus illiquidity risks and the potential market risks and economic outlook.

What has been the primary shift in investment strategy due to changes in interest rates?

• From credit to equity investments

• From commodities to credit investments

• From equity to credit investments

• From real estate to equity investments

What is Apollo's focus in their investment strategy?

• Equity markets

• Real estate development

• Asset-backed origination

• Cryptocurrency investments

What is the expected growth range for the Atlas business over the next several years?

• $200 to $250 billion

• $100 to $150 billion

• $10 to $20 billion

• $40 to $70 billion

What type of risk does Apollo focus on managing?

• Operational risk

• Credit risk

• Liquidity risk

• Market risk

What is the main concern as interest rates rise?

• Increased equity investments

• Higher real estate prices

• Decreased demand for private credit

• Need for new capital structures

What is the potential impact of rising interest rates on the economy?

• Stabilization of inflation

• Slowing of economic activity

• Acceleration of economic growth

• Increase in consumer spending

What might companies need as debt maturities come due?

• More equity and hybrid capital

• Less investment in private credit

• Reduction in capital expenditures

• Increased reliance on traditional banks