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But we saved everything 🙂.
Apollo Global Management’s John Zito, co-president of the asset-management arm, has expressed doubts about current private-equity marks, suggesting widespread inaccuracies.
This statement was highlighted in a tweet from Gunjan Banerji, amplifying Zito’s view that valuations in the private-equity sector may not reflect true market conditions.
Zito's skepticism regarding private-equity valuations comes amid broader concerns about market reliability and risk, reflecting caution voiced elsewhere in the financial sector. Recent volatility, including episodes when all 11 S&P 500 sectors dropped, as reported by Gunjan Banerji, underscores the fragility underlying current market sentiment. These warnings build on earlier alerts from major institutions—for example, Goldman Sachs' forecast of a potential 10 percent stock-market correction risk—highlighting how interconnected valuation uncertainties and broader market corrections can be.