{
  "docId": "019de076-1e34-743b-8b12-daeb1d6ff7b0",
  "docSlug": "4a49f2dd68b8f246a773462cad1b918f",
  "documentTitle": "Apollo Global Management | Investor Day Presentation Deck | 119 slides",
  "authorId": "apollo-global-management",
  "authorName": "Apollo Global Management",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-11-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 26,
  "pageCount": 119,
  "prevPage": 25,
  "nextPage": 27,
  "slideType": "comparison_table",
  "function": "compare_peers",
  "density": "dense",
  "nDataPoints": 7,
  "notes": "The chart uses a light green bar for the public benchmark and dark green bars for the proprietary platforms.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de076-1e34-743b-8b12-daeb1d6ff7b0/26",
  "deckHref": "/decks/019de076-1e34-743b-8b12-daeb1d6ff7b0",
  "deckJsonHref": "/decks/019de076-1e34-743b-8b12-daeb1d6ff7b0.json",
  "deckAnchorHref": "/decks/019de076-1e34-743b-8b12-daeb1d6ff7b0#slide-26",
  "components": [
    {
      "bbox": {
        "h": 0.1,
        "w": 0.32,
        "x": 0.34,
        "y": 0.3
      },
      "kind": "callout",
      "text": "Apollo Direct Origination Platforms\n~100-200bps of Excess Spread",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "14693624-2b45-4904-b629-3ce5136f5195",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.35,
        "w": 0.9,
        "x": 0.05,
        "y": 0.55
      },
      "kind": "chart",
      "text": "Comparison of spreads between Public IG Corporates and Apollo platforms",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e2f3fc12-49ff-43ae-8c73-2285b1202739",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.5,
        "x": 0.03,
        "y": 0.95
      },
      "kind": "source-note",
      "text": "1. Illustrative spreads based on market prices observed for BBB corporates (IG) as of November 10, 2023. Future results may vary substantially.",
      "attrs": {
        "numbered": true
      },
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3ca7f3cc-2abd-491e-ad48-98dbd0092465",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.3,
        "x": 0.03,
        "y": 0.18
      },
      "kind": "subtitle",
      "text": "Investment Grade Investment Universe\ncurrent on the margin spreads (bps)",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1945edf7-43f6-49aa-bfcb-48aefa99f539",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.9,
        "x": 0.03,
        "y": 0.07
      },
      "kind": "title",
      "text": "Platforms Help Us to Manufacture Excess Spread in a World Where Alpha is Scarce",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f04bc750-7d37-4fc6-94f4-ed98bed16417",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Before-After-Bridge",
      "slug": "before-after-bridge",
      "agent": "Storyteller",
      "layer": "slide",
      "matchId": "c31f948e-a271-442a-af50-404651c37ea1",
      "evidence": "~100-200bps of Excess Spread",
      "confidence": 0.5
    },
    {
      "name": "Chart Selection Guide",
      "slug": "chart-selection-guide",
      "agent": "Designer",
      "layer": "slide",
      "matchId": "1567f184-bea8-47bd-96cc-875e45dabea7",
      "evidence": "chart/bar-vertical: Comparison of spreads between Public IG Corporates and Apollo platforms",
      "confidence": 0.7
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 31,
      "from": 22,
      "beatId": "dcf3b107-7802-45bb-bd60-f95eb537ce11",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Solution & Approach",
      "beatSlug": "consultants-gambit-solution-approach",
      "evidence": "components of origination platforms and strategy",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Turn",
      "parentBeatSlug": "turn"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}