Apollo CEO says 2026 performance will not depend on equity markets

Reuters
02/09
Apollo CEO says 2026 performance will not depend on equity markets

NEW YORK, Feb 9 (Reuters) - Apollo Global Management's APO.N performance in 2026 will not be dependent on equity markets, Chief Executive Marc Rowan said on Monday.

Asked about the deal pipeline on a conference call with analysts, against a backdrop of some private equity companies struggling to exit investments, Rowan said, "At the end of the day, when you buy things at reasonable multiples, you can sell them at reasonable multiples."

"We are not stuck with a portfolio of things we purchased at very high prices," Rowan added.

"If the market is accommodative, we're going to make it happen ... our performance in (2026) is not going to be market dependent, on the equity market or the equity capital markets."

(Reporting by Isla Binnie in New York and Utkarsh Shetti in Bengaluru)

((isla.binnie@thomsonreuters.com))

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