{
  "docId": "019de071-9401-71a4-beaa-01e67d29fe45",
  "docSlug": "a869ac13bed67acafd5ec6e115955ee5",
  "documentTitle": "Apollo Global Management | Investor Day Presentation Deck | 261 slides",
  "authorId": "apollo-global-management",
  "authorName": "Apollo Global Management",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2021-10-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 81,
  "pageCount": 120,
  "prevPage": 80,
  "nextPage": 82,
  "slideType": "thesis_headline",
  "function": "size_opportunity",
  "density": "dense",
  "nDataPoints": 0,
  "notes": "The slide uses a visual metaphor of an arrow pointing from a 'foundation' of private credit to an 'expanded opportunity' set, mapped against a return spectrum.",
  "elementsJson": null,
  "metadataConfidence": 0.95,
  "imagePath": null,
  "slideHref": "/slides/019de071-9401-71a4-beaa-01e67d29fe45/81",
  "deckHref": "/decks/019de071-9401-71a4-beaa-01e67d29fe45",
  "deckJsonHref": "/decks/019de071-9401-71a4-beaa-01e67d29fe45.json",
  "deckAnchorHref": "/decks/019de071-9401-71a4-beaa-01e67d29fe45#slide-81",
  "components": [
    {
      "bbox": {
        "h": 0.05,
        "w": 0.8,
        "x": 0.1,
        "y": 0.84
      },
      "kind": "callout",
      "text": "Significant room for growth in Yield given our relationship with Athene and low cost of capital",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b126b633-d688-44f4-a8d3-e2e1abf9dce0",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.55,
        "w": 0.86,
        "x": 0.07,
        "y": 0.19
      },
      "kind": "diagram",
      "text": "Expanded opportunity vs foundation of excellence in private credit",
      "attrs": null,
      "subkind": "other",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "26f53b79-c89d-40f5-825f-0575c9341128",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.2,
        "w": 0.2,
        "x": 0.65,
        "y": 0.4
      },
      "kind": "list",
      "text": "Senior Loans, High Yield, Distressed, Mezzanine, Opportunistic Credit",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4a4fc50a-9acf-49b9-8b30-697b7f7f2c5c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.4,
        "w": 0.35,
        "x": 0.18,
        "y": 0.28
      },
      "kind": "list",
      "text": "Large Cap Direct Origination, Direct Originated Investment Grade, High-Grade Alpha, Consumer, Asset-backed, Retail & Commercial Real Estate, Trade Finance, Specialty Finance, Fund Finance",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6d36ce10-036f-4596-92c6-8d34506c29e2",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.92,
        "x": 0.04,
        "y": 0.71
      },
      "kind": "other",
      "text": "SPECTRUM OF RETURNS 3% 5% 7% 9% 11% 13% 15%+",
      "attrs": null,
      "subkind": "unclassified",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9e505f12-8bcc-47c9-b4e4-5605cde7be2a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.2,
        "x": 0.04,
        "y": 0.93
      },
      "kind": "source-note",
      "text": "Note: All returns shown are gross returns. APOLLO INVESTOR DAY 2021",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "be5ecf86-b7a9-4256-8a00-eea19ccbc02d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.75,
        "x": 0.04,
        "y": 0.05
      },
      "kind": "title",
      "text": "...But the Fixed Income Replacement Opportunity Is Broader Than \"Private Credit\"",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "45b3dcac-10b8-4756-99cf-b38c8250af30",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}