A big THANK YOU to everyone who attended our recent fireside chat featuring Stephanie Drescher, Partner and Chief Client and Product Development Officer at Apollo Global Management, Inc., moderated by Vivien Khoo, CEO and Managing Director of PWMA. Your engagement and thoughtful questions helped make the session a meaningful and insightful experience for all.

Against the backdrop of recent U.S. tariff announcements – sparking international backlash and a domestic legal debate over presidential authority and Congressional oversight – Stephanie shared candid and insightful views on the potential impacts to the U.S. economy, interest rates, and public market valuations, along with their implications for investors. Additionally, Stephanie offered thoughtful perspectives on the current investment outlook for private markets, highlighting fundamental shifts in how risk and liquidity are being assessed. She also discussed how increased allocations to various private market segments can enhance portfolio diversification and help lower volatility.

We also explored Apollo’s strong commitment to Hong Kong and the broader Asia region and its proactive efforts to educate investors on private market dynamics. Edward Moon highlighted the vast opportunities private markets present, while Frank Shen elaborated on Apollo Global Management, Inc.’s strategic efforts in the Greater China market, touching on the upcoming collaboration with PWMA to provide Mandarin language Private Markets training.

A very warm thank you to the entire Apollo team – especially Stephanie – for generously sharing your time and experiences with us. It was a wonderful opportunity to hear from a senior global female leader whose insights, advocacy for diversity, and support for Hong Kong are truly inspiring.

Let’s continue the dialogue—feel free to share your reflections or key insights in the comments below. Stay tuned for our upcoming sessions!