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Why investors are leaning into alternatives: Apollo’s Marc Rowan

Goldman Sachs Exchanges

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Apollo, What Was It Like in Your First Job?

Apollo chief says his first job was in the M&A group at Dretzel Bermam. The firm had liquidity issues and then was finally forced into bankruptcy in 1990. "It was a great way to understand that borrowing short and lending long rarely ends well," he said.

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