Apollo’s Zelter says the bar for investments has been raised

Bloomberg, republished by Pensions & Investments on January 8, 2026, reports that Apollo's Zelter has said the bar for investments has been raised. The headline is the only substantive claim available from the source material, so the underlying rationale, the investment categories affected, and any supporting data cannot be detailed here.

The Pensions & Investments page carried several unrelated featured stories, including coverage of Future Standard's multi-year partnership with Villanova University, a State Street exchange-traded fund initiative, PensionBee commentary on automatic rollovers, and State Street's independent fiduciary team. These items are not connected to the Apollo report and are not reflected in this summary.

Readers seeking the full analysis, including Zelter's specific remarks on underwriting standards, return thresholds, or market conditions, should consult the original Bloomberg article.