Apollo Launches 10B Euro Credit Platform
Global asset manager Apollo launched a 10 billion euro European credit platform on Monday to target growing demand for private financing. The initiative provides corporate and asset backed lending for long term growth.
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APOLLO GLOBAL MANAGEMENT INC launched a €10 billion ($11.2 billion) European credit platform on Monday to target growing demand for private financing. The fund targets infrastructure and defence spending across the continent. Private credit funds continue to expand rapidly amid strong institutional backing.
