David Haber

Andreessen wrote this piece over a decade ago that software is eating the world.

And that feels more true than ever as AI proliferates all parts of the economy.

Mark, thank you so much for joining us and for hosting us here at your office.

Nothing better.

I thought we'd start by maybe going back in time.

You joined Drexel coming out of war, I believe, in 1984.

What did you see in the firm at that time?

I mean, I think one of the most remarkable things about kind of the diaspora from Drexel, especially in that period, is just, I mean, you can almost trace every major credit firm back to that kind of cohort of people.

Was there something about the culture, maybe the focus of your clients at the time that sort of shaped that sort of incredible kind of diaspora talent?

And I know, you know, Michael Milken has been a mentor for a long time.

I guess, what are some of the most valuable lessons you've learned from him over the years?

And you've shaped a lot of Apollo over the years, which I'm excited to chat about.

Maybe just going back to 1990, can you kind of talk through the origin story of starting the firm?

Sure.

Totally.

And I think people still incorrectly, I would argue, refer to Apollo as a private equity firm.

But you, I think, more than anybody, have really kind of transformed the business into a retirement services company and a large alternative asset management business.

I guess, what did you see in...

Athene in 2008, and how do you sort of view the firm today?

You know, I think it's maybe worth just doubling down on kind of like the permanent capital base of the firm because it's really unique kind of in the alternative, you know, asset management ecosystem.