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cover of episode John Zito - Inside Apollo - [Invest Like the Best, EP.426]

John Zito - Inside Apollo - [Invest Like the Best, EP.426]

2025/6/3
logo of podcast Invest Like the Best with Patrick O'Shaughnessy

Invest Like the Best with Patrick O'Shaughnessy

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John Zito: 我认为全球资本市场正在经历重大转变,美国长期占据主导地位的局面正在改变。这种转变并非迅速,但其影响深远。美国凭借其庞大的股票市场、活跃的风险投资以及清晰的法律和商业规则,长期以来吸引着全球资本。然而,随着全球不确定性的增加,以及欧洲和其他地区资本市场的崛起,全球资本正在寻找美国以外的投资选择。为了保持竞争力,美国需要继续创新并确保其资本市场的吸引力。 Patrick O'Shaughnessy: 我认为理解全球资本市场的变化对于投资者至关重要。John 对美国在资本市场中地位的分析,以及他对未来趋势的预测,为我们提供了一个独特的视角。他强调了美国需要保持其创新能力和吸引力,以应对来自其他地区的竞争。这种分析对于制定投资策略和理解全球经济的未来至关重要。

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My guest today is John Zito). John is the Co-President of Apollo Global Management. He shares how they've quietly built one of the most important financial institutions of our time, originating over $250 billion annually. John's thesis on the convergence of private and public markets - and Apollo's positioning to capture 100% of client portfolios rather than just alternatives allocations - offers a fascinating glimpse into where institutional investing is heading. We discuss the cultural and strategic elements that drive John, Apollo’s merger with Athene, the idea of artistry at scale, and the evolution of capital markets. Please enjoy my conversation with John Zito. 

For the full show notes, transcript, and links to mentioned content, check out the episode page⁠⁠⁠ here.⁠⁠⁠)

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This episode is brought to you by⁠⁠⁠** Ramp**⁠⁠⁠). Ramp’s mission is to help companies manage their spend in a way that reduces expenses and frees up time for teams to work on more valuable projects. Go to⁠⁠⁠** Ramp.com/invest**⁠⁠⁠)** to sign up for free and get a $250 welcome bonus.**

This episode is brought to you by⁠⁠⁠** Ridgeline**__⁠⁠⁠__⁠). Ridgeline has built a complete, real-time, modern operating system for investment managers. It handles trading, portfolio management, compliance, customer reporting, and much more through an all-in-one real-time cloud platform. Head to⁠⁠⁠** ridgelineapps.com**__⁠⁠⁠__⁠)** to learn more about the platform.**

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Editing and post-production work for this episode was provided by The Podcast Consultant (⁠⁠⁠https://thepodcastconsultant.com⁠⁠⁠)).

Show Notes:

(00:00:00) Welcome to Invest Like the Best

(00:05:55) The Rise of Apollo and Credit Markets

(00:08:05) Innovations in Asset Management

(00:11:42) The Role of the US in Global Capital Markets

(00:15:26) The Future of Asset Management and Investment Strategies

(00:21:03) The Impact of Interest Rates on Investment

(00:25:27) Apollo's Business Model and Growth

(00:25:17) The Changing Landscape of Private Markets

(00:46:03) Apollo's Culture and Vision

(00:47:54) The Importance of Company Culture

(00:52:52) The Future of Private and Public Markets

(00:57:50) Building a Great Origination Platform

(01:02:03) Exciting Deals and Personal Stories

(01:14:47) The Role of AI and Future Opportunities

(01:22:16) Maintaining Company Culture Amidst Change

(01:24:06) The Kindest Thing Anyone Has Ever Done For John