Family Offices Move Quickly: Feurtado

The video discusses Apollo's strategic focus on the wealth channel, particularly family offices, which represent a significant portion of the $180 trillion wealth market. It highlights the evolution of wealth markets, the under-allocation to alternative assets, and the opportunities in credit markets. Apollo's comparative advantage lies in its investment engine and ability to collaborate closely with family offices. The video also covers Apollo's global expansion strategy and the homogeneity of family offices worldwide.

What is the primary focus of Apollo's new business strategy?

• Cryptocurrency

• Retail banking

• Wealth channel

• Institutional investments

Why is Apollo shifting its focus from institutional to wealth markets?

• Regulatory changes in institutional investments

• Increased competition in institutional markets

• Under-allocation of alternative assets in wealth portfolios

• Higher returns in institutional markets

What advantage do family offices have over institutional investors?

• More regulatory oversight

• Higher risk tolerance

• Faster decision-making

• Larger investment size

What type of opportunities are family offices seeking in the current market?

• Real estate investments

• Government bonds

• Cryptocurrency

• Secondary private equity and credit markets

How is Apollo planning to expand its business globally?

• Focusing solely on North America

• Building teams across North America, Europe, and Asia

• Investing only in emerging markets

• Partnering with local banks

What is a key characteristic of family offices worldwide according to Apollo?

• They are highly diverse in their investment strategies

• They focus only on local investments

• They are homogeneous in their market outlook

• They avoid alternative assets

What is the estimated global distribution of billionaires according to Apollo?

• Evenly split across the world

• Predominantly in Asia

• Concentrated in Europe

• Mostly in North America