- Apollo Global Management is evaluating a larger role in financing debt-laden governments and state-backed companies as they turn to private capital to plug budget gaps.
- Apollo President Jim Zelter said in a Bloomberg Television interview in London that European governments are embracing private capital as part of the solution to their mounting debt.
Quotes
“Particularly in Europe, governments are embracing private capital as “part of the solution” to addressing their mounting debt”
“Apollo Global Management is scoping out a bigger role in financing debt-laden governments and state-backed companies as they increasingly turn to private capital to plug budget gaps.”