Scott Kleinman
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Related Articles from SNS
Private Equity Faces Value Capitulation, Apollo’s Kleinman Says
Scott Kleinman Photographer: Lauren Justice/Bloomberg
Apollo's Kleinman Says PE Needs to Start Capitulating on Valuations
Apollo Global Management Co-President Scott Kleinman discusses the outlook for the private equity industry. Speaking to Bloomberg's Dani Burger on the sidelines of the SuperReturn conference in Berlin, Kleinman says longer hold periods are hurting internal rates of return (IRRs) and “folks are going to have to start capitulating for sure” on valuations.