Ares’s Bennett Rosenthal, Apollo’s Josh Harris bullish on distressed debt
Markets “ready and expecting some sort of downturn,” says Rosenthal
“Our flow of distressed-for-control investments has increased,” says Harris
Ares Management and Apollo Global Management expect to deploy their new private equity funds in distressed for control deals, a departure from the traditional buyouts that dominated their pipelines for much of the last half decade. “This feels like one ...