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      "text": "1. Origination platforms provide a recurring supply of proprietary private credit assets\n2. We believe our ecosystem is a meaningful competitive advantage and is difficult to replicate\n3. Credit loss experience across origination platforms has been minimal\n4. Origination platforms are funded in a capital efficient way via Athene and third-party capital\n5. Platforms help drive Apollo's earnings by supporting incremental FRE and SRE",
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