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Private Equity Faces Value Capitulation, Apollo’s Kleinman Says

Bloomberg Markets · Jun 10, 2026, 7:08 AM · Also reported by 2 other sources

Private equity “lost its way a little bit” during the easy money era and firms will “have to start capitulating for sure on valuations” following the normalization of borrowing costs, according to Apollo Global Management Inc. Co-President Scott Kleinman.

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Private Equity Faces Value Capitulation, Apollo’s Kleinman Says

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