Investment Knowledge
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Consistency Through Cycles: Private Market Secondaries
Private market secondaries have evolved from a niche liquidity tool into an essential component of the private markets ecosystem. With 2025 volume reaching record highs, secondaries trading still represents only ~2% of overall private market size—pointing to a market with significant room to grow.1 Secondary strategies acquire seasoned portfolios, often at a discount, and can…
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When Duration Stops Working: How the Rate Cycle Has Rewritten the Fixed Income Playbook
For most of the past decade, fixed income did its job. It gave portfolios steady income, low volatility and a counterweight to equity risk. Investors built allocations around that assumption, and for a long time it largely worked. And that assumption had a 40-year track record behind it. From the early 1980s through the years…
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2026 Midyear Credit Outlook: Adoption, Financing and Investing in the Age of AI
AI is reshaping credit markets in ways that demand a more thoughtful approach to investing. Public markets are being stretched by record financing needs, spreads leave little room for error, and traditional notions of diversification are being tested. Learn more in our latest outlook. Key Takeaways: Credit fundamentals remain resilient, but the margin for error…
The Allocation
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Cycle, Structure, Selection: Private Equity Portfolios for Today’s Market
Private equity deal and exit activity have picked up in 2026, but valuations remain elevated and the macro environment is still demanding. How is this shifting PE allocations? Diana Sands and equity product specialist Bryn Gostin dive into what’s actually changed in the market, how drawdown and evergreen structures can play distinct roles in a…
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Infrastructure: Today’s “Generational” Investment Opportunity
From digital to power grid modernization, from transport to environmental services, infrastructure represents a projected $75+ trillion in investment over the next decade. Apollo Partners Harry Seekings and Vittorio Lacagnina have spent decades in infrastructure investing, and here they discuss what Seekings sees as a “generational” opportunity. They also discuss how Apollo approaches the asset…
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Torsten Slok’s Macro Update: Higher for Longer and the Road to 2027
As 2026 enters its final stretch, Apollo Chief Economist Torsten Slok joins The Allocation to discuss the latest shifts in the economy and markets. On the heels of the Fed’s September rate hike, he shares his views on why inflation remains so sticky and what a “higher-for-longer” rate environment could mean for consumers, businesses and…
