Marc Rowan

Money Moves

Building one of the largest private equity portfolios in auto supply

Apollo Global Management agreed on April 27, 2026 to buy Forvia's interiors business for €1.82 billion (about $2.1 billion)—the largest auto-supplier carve-out announced this year. The unit running 59 plants across 19 countries generated €4.8 billion in revenue last year making instrument panels, door panels and center consoles for nearly every major carmaker. Forvia shares surged 8 percent in Paris the following morning as investors welcomed the prospect of more than €1 billion in net debt reduction.

Updated May 31

Money Moves

Apollo exits Intel Fab 34 investment with ~$3B gain

Intel's foundry strategy has shifted from a single Apple deal to a growing roster of major chip buyers in weeks. In early April 2026, Intel signed on as primary foundry partner for Terafab, a $25 billion AI chip venture backed by Tesla, SpaceX, and xAI.

Updated May 30

Rule Changes

Coordinating private sector reconstruction investment

Hamas governed Gaza since June 2007, but on January 15, 2026, a 15-member committee of Palestinian technocrats met in Cairo—none affiliated with Hamas or the Palestinian Authority. The next day, Trump announced the Board of Peace's leadership: himself as chair, Secretary of State Marco Rubio, former UK PM Tony Blair, Jared Kushner (his son-in-law), special envoy Steve Witkoff, and others. By January 17, Netanyahu's office had declared the arrangement to be 'not coordinated with Israel and contrary to its policy.'

Updated May 21