Apollo’s Zito Sees Private Credit Pain Lasting Up to 18 Months

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Apollo’s Zito Sees Private Credit Pain Lasting Up to 18 Months Apollo Plans to Mark Private Credit Daily, Answering Critics Apollo Ramps Up Efforts to Mark Private Credit Daily Apollo's John Zito had a blunt assessment of how private equity firms are valuing their software holdings as shares of comparable public tech companies have plunged: They're not, he said. Zito, co-president of the firm's giant asset management division and its head of credit, spoke to clients of investment bank UBS last month in remarks first published by the Wall Street Journal. CNBC confirmed Zito's comments.