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Apollo's co-president said it is one of the few private equity firms OK with higher rates

Back in December 2023, when the market was pricing in six or so rate cuts, Apollo Asset Management Co-President Scott Kleinman had a more contrarian view: He said he’d be betting against any rate cuts in 2024.  That call so far has paid off. But higher-for-longer rates haven’t necessarily been a tailwind […]

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