Apollo Sees $75 Trillion Gap in Private Credit’s ‘Next Frontier’
- Firm increasing resources for capital-solutions business
- Private capital can play key role in Europe, Kleinman says
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In its quest to double its size by 2029, Apollo Global Management Inc. is ramping up its ability to write jumbo checks to high-grade corporations as it delves deeper into what it calls private credit’s next frontier.
The alternative-asset manager is making its high-grade capital-solutions business a key plank in its growth strategy and is beefing up resources for the unit, Apollo Co-President Scott Kleinman said in an interview.