7 August 2026
Apollo chief wary of 'brain damage' that comes from asset manager M&A
Apollo Global Management CEO Marc Rowan, shown at the 2025 Milken Institute Global Conference. Patrick T. Fallon/Getty Images The head of Apollo Global Management has said that any new acquisitions will be to help the firm expand into new market segments, rather than to consolidate its strength in existing ones. Speaking on the firm’s Q2 earnings call Tuesday, CEO Marc Rowan said the “brain damage” associated with buying people-oriented businesses means it is generally not worth it unless the de
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