Apollo's Bet on Ultra-Wealthy Commands Wall Street Focus

The video discusses Apollo's record capital raise and its impact on market reactions, highlighting the performance of Apollo and KKR stocks. It compares market caps of asset managers like Apollo and BlackRock, focusing on their product strategies. The discussion also covers KKR's strategic fund approach and challenges in the private equity space, drawing parallels to the Berkshire model.

What was the main reason for the slight decline in Apollo and KKR's share prices despite record capital in private wealth?

• Regulatory challenges

• Increased operational costs

• Overall AUM being lower than expected

• High competition in the market

How has Apollo's stock performance changed over the last five years?

• It has doubled

• It has quadrupled

• It has remained stable

• It has tripled

What is a key difference between BlackRock's and Apollo's product offerings?

• BlackRock offers high-fee products

• Apollo focuses on low-fee index funds

• BlackRock's products are low-fee, volume-based

• Apollo targets traditional pension funds

What strategic model is KKR following by holding onto certain investments?

• Hedge Fund Model

• Berkshire Model

• Mutual Fund Model

• Venture Capital Model

What recent change is noted in the private equity space?

• Shift towards short-term investments

• Increased difficulty in exiting investments

• Improved environment and confidence in deal-making

• Decreased investor confidence