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Artwork for The Allocation: Private Markets for the Total Portfolio

The Allocation: Private Markets for the Total Portfolio

Apollo Global Management
Private Credit
Inflation
Private Equity
Interest Rates
Private Markets
Apollo Global Management
Artificial Intelligence
Federal Reserve
Real Estate
Credit Markets
Public Markets
Asset-Backed Finance
Real Estate Market
Tariffs
60-40 Portfolio
Consumer Spending
S&P 500
Public Equity
Secondary Market
United States

Private markets have moved from a portfolio complement to a core role. The question is no longer whether to invest, but how to allocate with precision. From credit to equity and everything in between, The Allocation focuses on specific asset classes and market outlooks. You will hear where private investments fit within the total portfolio, how they compare to public market equivalents, and the ro... more

PublishesTwice monthlyEpisodes60Founded5 years ago
Number of ListenersCategories
InvestingBusinessEntrepreneurship

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Artwork for The Allocation: Private Markets for the Total Portfolio

Latest Episodes

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 act... more

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 in... more

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 ... more

Record issuance from the AI buildout is creating a broader menu of opportunities for fixed income investors across public and private markets. In our latest conversation covering the convergence of public and private debt markets, Apollo Partners Bri... more

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Recent Guests

Bryn Gostin
Private equity professional at Apollo, discussing state of the market
Apollo Global Management
Episode: Cycle, Structure, Selection: Private Equity Portfolios for Today’s Market
Harry Seekings
Chair of Apollo Infrastructure Group
Apollo Global Management
Episode: Infrastructure: Today’s “Generational” Investment Opportunity
Vittorio Lacagnina
Leads capital formation for infrastructure at Apollo
Apollo Global Management
Episode: Infrastructure: Today’s “Generational” Investment Opportunity
Rob Bittencourt
Leader of Apollo Thematic Investing
Apollo Global Management
Episode: Can AI Earn It Back? The $2 Trillion Test and Other Forces Reshaping Markets and Portfolios
Al Tylis
CEO of Apollo Sports Capital
Apollo Sports Capital
Episode: Sports as an Asset Class: The $2.5 Trillion Opportunity
Matt Nord
Head of hybrid business at Apollo
Apollo Global Management
Episode: Hybrid: Rethinking Risk and Return
Bert Crouch
Head of Real Estate Equity Franchise at Apollo
Apollo Global Management
Episode: Real Estate: After the Reset
Steve Lessar
Partner and co-head of S3 (Sponsor & Secondaries) at Apollo
Apollo
Episode: Private Market Secondaries: The $225 Billion Market Many Wealth Investors Overlook
Akila Grewal
Head of Apollo's institutional client business
Apollo Global Management
Episode: Investing Across the Credit Cycle

Hosts

Brad Young
Head of Client Content Strategy; Host focused on private markets and allocation framing
Diana Sands
Host of The View From Apollo; leads discussions on platform-wide investment approaches
Alex Wright
Co-host; Global Wealth Strategist and Partner at Apollo; focuses on product and client solutions

Reviews

4.8 out of 5 stars from 92 ratings
  • Part of my core podcasts

    Excellent for staying current on an industry that has historically not had the transparency of public markets. 👍

    Apple Podcasts
    5
    mrdjsk
    United States2 years ago
  • the disclaimers

    The disclaimers being almost as long as the podcast says it all about the quality of the information provided…

    Apple Podcasts
    1
    juirrtyu
    France2 years ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

High-quality guests and practical takeaways for allocation decisions.
Well-structured episodes with real-world examples and market color.
Disclaimers can be lengthy and somewhat overwhelming for casual listeners.
Great for staying current on private markets and portfolio strategy.

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Apple Podcasts
#201
United States/Business/Investing
Apple Podcasts
#235
United Kingdom/Business/Investing
Apple Podcasts
#90
Italy/Business/Investing
Apple Podcasts
#178
Australia/Business/Investing
Apple Podcasts
#185
Italy/Business
Apple Podcasts
#90
Chile/Business/Investing

Talking Points

Recent interactions between the hosts and their guests.

Cycle, Structure, Selection: Private Equity Portfolios for Today’s Market
Q: What are you hearing from your LPs today?
LPs see a healthier market with a backlog to work through, acknowledging private equity's long-standing use case and seeking to justify allocations to boards given strong public market performance.
Infrastructure: Today’s “Generational” Investment Opportunity
Q: Why is infrastructure considered a generational investment opportunity right now?
Because demand for critical assets—power, digital networks, transport, and environmental services—has structurally increased due to AI, reshoring, and energy transition, while private capital is still catching up to fund these long-duration needs; this creates long-lasting cash flows and diversification benefits.
Torsten Slok’s Macro Update: Higher for Longer and the Road to 2027
Q: Where do you see inflation going, and what are the main drivers keeping it above target?
Inflation is stuck around 3.5% due to tariff delays, higher oil prices, and wage growth tied to immigration, making the path back to 2% slower and more complex than anticipated.
Torsten Slok’s Macro Update: Higher for Longer and the Road to 2027
Q: What does this week's Fed decision tell you about the central bank's view of the economy and rate path?
The Fed's rate increase signals a more hawkish stance than previously expected, with inflation sticky and growth supported by AI and fiscal expansion, suggesting rates may stay higher for longer and the trajectory may deviate from prior expectations of cuts.
Sports as an Asset Class: The $2.5 Trillion Opportunity
Q: What makes hybrid capital structures particularly suitable for sports teams and leagues?
Sports owners want to preserve upside and seek control where appropriate, so Apollo offers a menu of options—debt with flexible durations, equity, preferred equity, and convertible structures—to tailor capital to each ownership objective, enabling durable partnerships and scalable solutions.

Audience Metrics

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Frequently Asked Questions About This Podcast

What is This Podcast about and what kind of topics does it cover?

A practitioner-focused series exploring how private markets fit into a total portfolio. Episodes span hybrid structures, private credit and equity, real assets, and the convergence of public and private markets, with practical takeaways on sizing, structure, and implementation for diversified portfolios. Expect macro and thematic context tied to allocation decisions, real-world deal examples, and platform capabilities from a leading alternative asset manager. The show often features Apollo experts and market practitioners who translate complex private-market dynamics into actionable guidance for investors and wealth managers seeking durable, long-horizon returns in a multi-asset framework. Notable is the emphasis on integrated platforms, ri... more

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These podcasts share a similar audience with this podcast:

1. The Credit Edge by Bloomberg Intelligence
2. FICC Focus
3. The Memo by Howard Marks
4. Exchanges
5. Capital Allocators – Inside the Institutional Investment Industry

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this podcast launched 5 years ago and published 60 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on this podcast?

Recent guests on this podcast include:

1. Bryn Gostin
2. Harry Seekings
3. Vittorio Lacagnina
4. Rob Bittencourt
5. Al Tylis
6. Matt Nord
7. Bert Crouch
8. Steve Lessar

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