Huge private equity software bets most at risk as investors face returns squeeze, Apollo says

Apollo said some private equity firms will struggle to raise capital as performance dispersion widens across the industry. The firm is sharpening its focus on 'HALO' assets, which Apollo views as more insulated from technological disruption. The comments are a cautious read on fundraising conditions rather than a direct company-specific event.

Analysis

Apollo said some private equity firms will struggle to raise capital as performance dispersion widens across the industry. The firm is sharpening its focus on 'HALO' assets, which Apollo views as more insulated from technological disruption. The comments are a cautious read on fundraising conditions rather than a direct company-specific event.