Apollo CEO Is Unfazed by ‘Cockroaches’ Worries in Credit Market

Apollo’s Marc Rowan says he’s not worried about Jamie Dimon’s reference to hidden “cockroaches” in private credit.Source: Bloomberg

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By Sheryl Tian Tong Lee

November 19, 2025 at 4:18 AM UTC

Apollo Global Management Inc. Chief Executive Officer Marc Rowan downplayed Jamie Dimon’s concerns that there are “cockroaches” in credit markets.

“There’s nothing that I see that is systemic,” Rowan said on a panel discussion at the Bloomberg New Economy Forum in Singapore on Wednesday, when asked if he was worried about recent high-profile bankruptcies in the US.