Evolution of Hiring Practices in Financial Firms and Governance in Universities

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The chapter explores the evolution of hiring practices in financial firms like Apollo, expanding their recruiting pool globally. It delves into the challenges of doing business in India and the shift in investment strategy from equity to bank debt. Additionally, it discusses the need for more effective governance structures in universities to support university presidents and ensure academic excellence.

Marc Rowan, co-founder and CEO of Apollo Global Management, joined Tyler to discuss why rising interest rates won't hurt Apollo's profitability, why liabilities have traditionally been the weak spot in insurance, why the concept of liquidity needs a rethink, the meaninglessness of the term "private credit", what role crypto will play in American finance, why Marc bought a brutalist apartment, which country has beautiful new neighborhoods, what motivated Apollo's office redesign, what he looks for in young hires, the different kind of decision-making required in debt versus private equity, the biggest obstacle to doing business in India, how university governance can be improved, what he's learned from running restaurants, the next thing he'll learn, and more.

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Recorded February 5th, 2024.

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