Apollo Asset Management co-President Scott Kleinman discusses the US economy, the rising cost of capital and why he sees valuation issues for legacy portfolio companies impacting returns. He speaks with Bloomberg's Guy Johnson from the sidelines of the IPEM conference in Paris.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/videos/2026-09-09/apollo-says-legacy-portfolio-firms-have-valuation-issue-video)