Part of Apollo's plan to expand the business will involve making it easier to get into private credit, real estate and buyout funds through technology. 

Avenue Capital Group founder Marc Lasry spoke with David Rubenstein, co-founder and co-chairman of Carlyle Group, at the Bloomberg Wealth Summit.

Alternative assets like real estate, private debt and private equity are seen as a way to diversify and earn returns uncorrelated with traditional financial markets.

Transparency is not the norm with estate plans. But maybe it should be.

The billionaire philanthropist has increased her donations to nonprofits based outside the U.S., in countries ranging from Brazil to Micronesia.

This proposed reform could have several collateral effects that may make the situation worse.