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Market Chatter: Apollo Urged by Teacher Groups to Probe CEO's Work With Trump

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Apollo Global Management (APO) was asked by two teacher organizations to investigate Chief Executive Marc Rowan's apparent use of the private equity firm's resources for his work with the Trump administration in violation of company policy, Bloomberg reported Wednesday, citing a letter the groups sent to the chair of Apollo's audit committee.

Apollo didn't immediately reply to a request for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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