Apollo’s Rowan on ‘Cockroaches’ in Private Credit

The Punchline

Marc Rowan of Apollo discusses concerns raised by Jamie Dimon about unseen risks in the private credit market, referring to them as 'cockroaches.' Rowan expresses confidence and downplays these fears.

Why You Should Read This

The article provides insights into prevailing sentiments around risk in private credit, offering a perspective from a leading figure in the industry.

Who This Is For

This article is targeted at institutional investors, credit analysts, and asset managers who are involved in private credit markets.

Investor Implications

Rowan's assurance may encourage investors to consider the resilience of private credit despite concerns. It suggests that market fundamentals remain strong and that hidden risks may not be as detrimental as suggested.