Apollo CEO Marc Rowan declares NYC Mayor-elect – Business News
Apollo Global Management CEO Marc Rowan referred to as New York City Mayor-elect Zohran Mamdani an “enemy” of Jews and accused him of normalizing antisemitism as he urged the Jewish group to confront the far-left pol immediately.
“Someone who uses antisemitism in their campaign and normalizes antisemitism, he is our enemy,” Rowan proclaimed Monday evening at a packed dinner hosted by UJA-Federation Wall Street.
“We should make no mistake, we face challenges at home. I don’t think we have to wait to know,” mentioned the exec, who chairs UJA-Federation of New York’s board together with operating one of the world’s largest asset managers.
Nearly 2,000 people attended the dinner on the Marriott Marquis, which raised $57 million for pro-Israel causes, in accordance with Jewish Insider.
Apollo Global Management CEO Marc Rowan tore into New York City Mayor-elect Zohran Mamdani at a packed UJA-Federation Wall Street dinner on Monday evening. UJA-Federation of New York / Instagram
“We need to be the ones to call him out. We need to say it. And I know that UJA, as it relates to the Jewish community, is going to do that,” Rowan mentioned of Mamdani, a Muslim and Democratic socialist who takes workplace Jan. 1.
Mamdani’s inflammatory statements about Israel and Zionism have drawn heavy criticism from high-profile Jewish leaders and main Jewish organizations, together with the American Jewish Committee.
The mayor-elect has described Israeli coverage towards Palestinians as “genocide” and “apartheid” and has didn’t condemn the chant “Globalize the intifada,” which pro-Israel teams say evokes violence in opposition to Jews.
Since Hamas’ terrorist assaults on Israel on Oct. 7, 2023, Rowan, 62, has thrown himself into the combat in opposition to rising antisemitism in politics, philanthropy and better schooling. He demanded University of Pennsylvania ditch president Liz Magill and Scott Bok, chair of the board of trustees, over the establishment’s failure to sentence these assaults. The duo resigned months later.
“Someone who uses antisemitism in their campaign and normalizes antisemitism, he is our enemy,” Rowan mentioned of Mamdani on Monday evening. ZUMAPRESS.com
At the Monday dinner, Rowan mentioned the group should “show up” and keep a “big tent,” but in addition be clear about figuring out “enemies” when crucial.
“Make no mistake, these could potentially be dark times,” he instructed the gang, warning of threats from each the far left and much proper.
Rowan mentioned the group should acknowledge personal dangers taken by Jewish leaders and construct alliances with exterior teams that share their values.
“We have plenty of enemies,” he mentioned.
Rowan, a UPenn graduate, was a main critic of the college’s handling of pro-Palestinian protests on campus. AFP by way of Getty Images
While some Wall Street executives have signaled they might search cooperation with the incoming mayor, many business leaders have voiced dread of Mamdani’s mayoralty.
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“Come for the communism, stay for the globalizing of the intifada. Shrewd, New York City,” hedge fund titan Cliff Asness sarcastically mentioned final month.
Rowan didn’t tackle Mamdani’s marketing campaign pledges — together with his vow to spice up hate-crime prevention funding by 800%, a transfer seen as a bid to woo Jewish voters — however mentioned Jewish New Yorkers had been getting into an unsure period.
His remarks contrasted with overtures from some Wall Street executives who signaled they might search cooperation with Mamdani after his election. Bloomberg by way of Getty Images
“We give, we show up, we have cohesion. We now need to lead,” he mentioned.
Asked for touch upon Rowan’s remarks, UJA-Federation shared its earlier assertion on Mamdani: “UJA-Federation will hold all elected officials, including Mayor-elect Mamdani, fully accountable for ensuring that New York remains a place where Jewish life and support for Israel are protected and can thrive, and loudly call out rhetoric and actions that delegitimize Israel or excuse antisemitism.”
The Post has sought remark from Apollo and Mamdani.
