Last mentioned: Mar 7, 2026
Class Action Filed
Pomerantz LLP officially advises shareholders of the class action filing against Apollo.
Credit Pain Forecast
Apollo's Chris Zito states private credit pain could last up to 18 months.
Rowan Warnings
CEO Marc Rowan warns of a coming 'shakeout' in private markets during a Bloomberg interview.
Quarterly Earnings
Apollo reports results and provides initial outlook on credit markets.
Pomerantz LLP has filed a class action lawsuit against Apollo Global Management, advising shareholders of potential claims regarding alleged securities violations. The legal action follows a period of heightened volatility in the private credit markets and public warnings from Apollo leadership about an impending industry shakeout.
Apollo Global Management CEO Marc Rowan has signaled a 'foreseeable' shakeout in the $1.8 trillion private credit market, citing excessive concentration in software sector loans. The warning comes as Apollo-affiliated MidCap Financial slashed its dividend by 18% following losses in its software-heavy loan book.
Apollo Global Management CEO Marc Rowan predicts a significant and long-term consolidation in the private credit industry, specifically targeting risks in software lending. The warning signals a shift from rapid expansion to a period of heightened defaults and a necessary 'flight to quality' among alternative asset managers.