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Apollo Global is no longer the “king of distress”: Josh Harris

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Michelle deBoer-Jones
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Historically, Apollo Global has been known as the king of distressed investments for its track record of taking distressed assets and turning a profit on them. However, the pandemic has changed the firm's approach to the markets, at least temporarily.

Q2 2020 hedge fund letters, conferences and more

Investing

At CNBC's Institutional Investor Delivering Alpha Conference, Apollo Global co-founder Josh Harris was asked about the firm's strategy during the pandemic.

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.