Company
Global growth-equity investment firm with roughly $130 billion of assets, backing technology and financial services companies such as PhonePe.
Apollo told prospective 2028 associate candidates Thursday it will skip on-cycle recruiting this calendar year, as it did for the 2027 class. Its memo hopes more firms join the delay, after General Atlantic and others paused last year.
Reality
General Atlantic plans a first-half 2027 IPO at a valuation of up to $10 billion, the Financial Times reported. Cryptopolitan says the date slipped from 2026, but one firm's calendar is thin evidence on how fast the alternative-manager window is reopening.
Perspective Coverage
3 publishersReality
Ode, the Anthropic-backed services company, has acquired Casper Studios. The scarce input in enterprise AI is the labour to get models into production, and model vendors are buying it.
Reality
Ode's purchase of Casper Studios says the scarce thing in enterprise AI is people who can ship, and that the model vendor intends to employ them rather than refer to them.
Reality
Ode puts engineers inside midsized companies to rebuild workflows around frontier models, and its private equity backers get a template they can run across hundreds of portfolio companies.
Reality
SpaceX alone took 42% of global IPO money in the first half. For everyone else, the window is narrower than the headline number suggests, and the 30-year Treasury is at 5.32%.
Reality