The Private Equity Paradox: How Apollo's Exit Reflects a Larger Industry Shift Apollo Global Management's portfolio company, West Technology, is reportedly in talks to sell its remaining operating business to an undisclosed buyer.
This development may seem like just another chapter in the ongoing saga of private equity consolidation, but it speaks volumes about the industry's changing fortunes.
Private equity firms have long been associated with bold bets on high growth companies. However, as the latest numbers suggest, these bets are increasingly paying out at subpar rates.