Marc Rowan is the chief executive officer of Apollo Global Management, a global alternative investment firm.
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UBS chair Colm Kelleher warned that private credit and loose insurance rules could create systemic risk, and Apollo CEO Marc Rowan pushed back, saying Kelleher was wrong.
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Marc Rowan’s possible move to the Trump White House raises questions about Apollo Global Management’s leadership, but analysts say the firm’s growth plan would likely continue without him.
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Donald Trump is considering Apollo CEO Marc Rowan for Treasury Secretary, a move that could favor the private equity industry.
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Billionaire donors, including Marc Rowan, are boycotting Ivy League schools like the University of Pennsylvania and Harvard, but the lost money may not hurt their finances much in the short run.
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Billionaire Marc Rowan urged University of Pennsylvania donors to give just $1 or stop donating until the school’s top leaders resign over handling of antisemitism complaints.
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Marc Rowan and Apollo Management say the U.S. may avoid a standard recession, but investors could still face a painful “asset class recession” if stock and asset prices keep falling.
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