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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
Interest Rates
Private Equity
Private Markets
Apollo Global Management
Real Estate
Credit Markets
Asset-Backed Finance
Artificial Intelligence
Public Markets
Federal Reserve
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 monthlyEpisodes58Founded5 years ago
Number of ListenersCategories
InvestingBusinessEntrepreneurship

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Artwork for The Allocation: Private Markets for the Total Portfolio

Latest Episodes

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

Between now and 2030, roughly $5 trillion will be spent building the infrastructure for AI. To justify that investment, businesses and individuals will need to spend $2 trillion a year on AI services. Whether AI can earn back what's being spent on it... more

Apollo Sports Capital’s newly announced financing agreement with Yankees Global Enterprises represents a watershed moment for investing in sports. It also exemplifies Apollo’s strategic approach to the sports market. In this premier episode of The Al... more

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Recent Guests

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
Chris Lahoud
Head of Opportunistic Credit
Apollo Global Management
Episode: Investing Across the Credit Cycle
Bryn Gostin
Apollo's equity product specialist
Apollo Global Management
Episode: Private Equity Portfolios: Three Key Dimensions of Diversification
Michael Paniwozik
Partner and global head of structured credit investing
Apollo Global Management
Episode: Allocation Insights: Asset-Backed Finance Is the Engine Behind Private Credit’s Next Chapter
Akila Grewal
Apollo's global head of product, who works at the intersection of markets and investors.
Apollo Global Management
Episode: What’s Driving the Shift in Portfolio Construction: Private Credit, Private Equity, and the New Market Reality
Chris Edson
Global head of origination at Apollo
Apollo Global Management
Episode: Origination: The $40 Trillion Engine of Private Credit

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.

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Talking Points

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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.
Sports as an Asset Class: The $2.5 Trillion Opportunity
Q: Can you walk us through the Yankees deal and how it exemplifies Apollo's approach to sports financing?
The deal was a bilateral, non-marketed engagement built on a long runway of trust with ownership. Apollo provided a holistic capital solution that could span equity and various debt structures, aiming to be a long-term partner who understands the owners and the sport deeply, rather than just writing a check.
Hybrid: Rethinking Risk and Return
Q: What are the main misconceptions about hybrid today?
Many historically viewed hybrid as a fallback option when other strategic options failed, but the episode argues it is now a core, proactive tool used alongside traditional credit and equity strategies to unlock value.
Hybrid: Rethinking Risk and Return
Q: How does Apollo execute hybrid investments across the platform?
Apollo uses an open architecture with dedicated teams, aggressive origination capabilities, and the ability to move capital across the structure, enabling multi-billion dollar, tailored solutions like structured equity or debt with equity components.
Hybrid: Rethinking Risk and Return
Q: What is hybrid and why is it relevant now?
Hybrid is a framework that aims for equity-like returns with credit-like downside protection, sitting in the middle of the capital structure to provide flexibility and durable, long-term returns in a shifting market.

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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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this podcast launched 5 years ago and published 58 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. Rob Bittencourt
2. Al Tylis
3. Matt Nord
4. Bert Crouch
5. Chris Lahoud
6. Bryn Gostin
7. Michael Paniwozik
8. Akila Grewal

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