Last mentioned: Mar 3, 2026
Apollo Global Management CEO Marc Rowan predicts a prolonged shakeout in private markets, specifically citing rising default risks among software companies. The warning signals a tightening credit environment for the SaaS sector as lenders grapple with soured loans and shifting market dynamics.
Apollo Global Management CEO Marc Rowan predicts a long-term industry contraction driven by rising defaults in the software sector. This shift signals a transition from rapid expansion to a period of intense scrutiny for private market firms.
Apollo Global Management CEO Marc Rowan predicts a significant and long-term consolidation in the private credit industry, specifically targeting risks in software lending. The warning signals a shift from rapid expansion to a period of heightened defaults and a necessary 'flight to quality' among alternative asset managers.