a16z|May 27, 2026 14:19
Financing the Global Industrial Renaissance with Apollo CEO Marc Rowan
Marc Rowan is CEO of Apollo Global Management, one of the most important financial institutions and the largest provider of retirement income in the world. In this conversation, he joins a16z's David Haber to discuss the story of Apollo, the state of public and private markets, how the AI revolution will be financed, and more.
00:00 Intro
00:52 Drexel, Milken & the origins of "clean sheet thinking"
04:55 The Apollo origin story: From unemployed to $6 billion
08:46 How Apollo became a trillion-dollar firm
13:00 Permanent capital, origination & why assets are the scarce resource
16:08 Democratizing private markets: Daily pricing & new capital channels
22:04 Where venture meets credit: Financing the industrial renaissance
30:01 AI, enterprise software & which jobs will be replaced or enhanced
38:52 Moral leadership: UPenn, merit & doing right over easy
46:02 Apollo's culture: Playing to win & building to outlast the founder(a16z)
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