Apollo Global Management has set an ambitious target to raise $10 billion annually through its newly launched investment platform, Apollo Aligned Alternatives. The firm aims to attract long-term capital from institutional investors by focusing on private equity, credit, and real assets.
Marc Rowan, CEO of Apollo, highlighted that the platform is designed to cater to the growing demand for alternative investments. He emphasized the importance of flexibility and customization in meeting the needs of various institutional clients.
The new platform is expected to leverage Apollo’s existing expertise and networks to offer tailored investment solutions. The firm believes that this initiative will help them achieve significant growth over the next few years.
Apollo’s strategy includes expanding its presence in Asia and strengthening its relationships with sovereign wealth funds, pension funds, and other large institutional investors. The company plans to deploy capital across various sectors, including technology, healthcare, and infrastructure.
Rowan pointed out that the current market environment presents unique opportunities for alternative investments. He noted that traditional asset classes are facing increased volatility and lower returns, making alternative strategies more attractive.
In addition to private equity and credit, Apollo Aligned Alternatives will also focus on real assets such as real estate and infrastructure. The firm is optimistic that these investments will provide stable, long-term returns for its clients.
Apollo’s move comes at a time when many institutional investors are seeking to diversify their portfolios and reduce their reliance on public markets. The new platform aims to address this need by offering a wide range of investment options.
Rowan also mentioned that the firm is committed to incorporating environmental, social, and governance (ESG) factors into its investment decisions. He believes that ESG considerations are increasingly important for investors and will play a crucial role in the platform’s success.
Overall, Apollo’s $10 billion annual target reflects its confidence in the growth potential of the alternative investment market. The firm is well-positioned to capitalize on this trend and deliver value to its investors.
Investors and market analysts will be closely watching Apollo’s progress towards achieving its ambitious goal. The success of Apollo Aligned Alternatives could set a new benchmark for the alternative investment industry.
Footnotes:
- Apollo aims to raise $10 billion annually through its new platform. Source.
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