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...Rashid had been accused of violating his duties to investors in Apollo private equity funds in the early 2010s by billing the funds hundreds of thousands of dollars in improper personal expenses, such as...
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...matter....
...Putting the matter of bubbles aside, one can say that, at the very least, there is a rough value/growth split within the Mag 7, just as there is in the wider market....
...In our high-yield business, we generally have experienced about a third of the market’s defaults, and we have outperformed the market in terms of recoveries given default. So credit selection matters....
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