Invest Like the Best with Patrick O'Shaughnessy John Zito - Inside Apollo - [Invest Like the Best, EP.426]
218 snips
Jun 3, 2025 
John Zito, Co-President of Apollo Global Management, shares insights on the evolution of capital markets and Apollo's pivotal role. He discusses the convergence of private and public markets and their strategy to capture full client portfolios. Zito highlights Apollo's innovative approaches to investment during challenging times, like their turnaround of Hertz. He also explores the impact of AI on finance and the importance of adaptability in this dynamic landscape, making for a fascinating conversation on the future of investing.
AI Snips
Chapters
Transcript
Episode notes
Apollo's Integrated Capital Model
- Apollo evolved by integrating a large internal capital base with asset management, breaking the traditional agent model.
- This alignment with clients via principal investing is a fundamental shift in asset management.
US Capital Markets' Global Edge
- The US capital market's superiority stems from robust equity and venture capital ecosystems with high talent density.
- Maintaining this ecosystem is crucial given global competition and emerging European markets.
Innovation Differences Across Asset Classes
- ETFs revolutionized product packaging and liquidity while fixed income daily liquid products remained largely static.
- Apollo innovated by applying high-octane credit expertise to investment grade, unlocking creative structured solutions.