APO - Apollo Global Management

Apollo is mentioned as one of the private equity firms eyeing the $7 trillion in retirement accounts. No direct investment opinion is given.

Apollo faced withdrawal requests of 11.2% vs a 5% cap and paid out only 45 cents on the dollar. The host implies this signals serious trouble.

Stock has shed more than 25% of market value since start of 2026; heavily exposed to private credit market stress and insurance industry risks.

Apollo reported a loss on a $170 million loan to Amazon aggregator Perch that was written off to zero despite being backed by assets and having additional protections.

Stock has been 'getting hammered' along with other private credit managers. Also noted for buying insurance companies and funneling premiums into their own private credit funds.

Apollo listed among the biggest financial institutions whose stock prices are collapsing due to private credit market exposure.