Marc Rowan, chief executive of Apollo Global Management, is facing allegations that he misused company resources to conduct political work, according to reports.

The accusations against Rowan involve the alleged improper use of Apollo's corporate resources for activities related to political engagement, though specific details about the nature and extent of the alleged misuse have not been fully disclosed.

Apollo Global Management is one of the largest private equity firms in the world, managing hundreds of billions of dollars in assets across various investment strategies. The firm has significant influence in corporate America through its extensive portfolio of companies and investments.

Rowan has served as Apollo's CEO since 2021, taking over leadership of the firm from co-founder Leon Black. Prior to becoming CEO, Rowan was a co-founder of the firm and served in various senior leadership roles over more than three decades with the company.

The allegations raise questions about corporate governance practices at major financial institutions and the appropriate use of company resources by senior executives. Such accusations can potentially impact investor confidence and regulatory scrutiny of the firm's operations.