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Mark Rowan, CEO of Apollo Global Management, has warned investors about a potential unexpected correction in financial markets. His comments come amid record highs in U.S. markets, raising concerns about the sustainability of this growth.
Apollo, a leading private equity firm, has announced its intention to open a new office in a southern state in the United States. This move reflects the company's ongoing growth and expansion in the market.
The private lending crisis on Wall Street has intensified as Apollo Global Management imposes restrictions on withdrawing hundreds of millions from one of its main funds. This move raises new concerns about the stability of the financial system amidst rising interest rates and slowing economic growth.