Private Equity Firms Build Fee Platforms as Apollo Drops 9% on Market Turbulence
Apollo stock fell 9% amid private credit concerns and S&P 500 correction fears, prompting PE firms to diversify beyond buyouts. Hamilton Lane is expanding across venture, secondaries, and infrastructure, while Onex completed its Convex acquisition to build resilient asset management platforms. The shift targets fee-generating businesses as market volatility threatens traditional PE returns.
ViaNews Editorial Team (Finance)•