Finance
Apollo’s Zelter Sees Private, Public Market Barriers Falling
- An IPO is no longer needed to find liquidity, says Zelter
- Expects deeper partnership between banks, alternative managers
This article is for subscribers only.
As companies increasingly benefit from a wider range of financing options, the barriers between private and public markets are coming down, James Zelter, co-president of Apollo Global Management Inc., said in an interview on Bloomberg TV.
As an investment destination, the US stands out as a “beacon of opportunity” in comparison with other regions around the world, Zelter said, attributing its success to the country’s embrace of private capital.