Private Credit Looks Beyond Buyouts as PE Shops Feel the Chill
In sauna-like wooden meeting huts scattered around private capital's annual marquee event in Berlin, executives are looking for the next hot spot.
Apollo Global Management 's President Jim Zelter thinks he's found one. The firm could deploy as much as $100 billion for financing in Germany alone over the next decade, he said in a conversation with Bloomberg News, in an effort to fund Europe's 'renaissance.' The country's economy minister, Katherina Reiche, later attended a dinner hosted by the firm, where she made a case for private capital investment, according to people familiar with the matter.
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