Apollo Global Management Launches €10 Billion European Credit Platform Backed by Abu Dhabi Investors

Apollo Global Management has introduced the European Credit Company (ECC), a new private credit platform with approximately €10 billion ($11.2 billion) in lending capacity. The platform is designed to provide financing across various sectors, including corporate, asset-backed, infrastructure, and real estate markets, specifically targeting large and mid-market opportunities within Europe. The venture features significant backing from the Abu Dhabi Investment Council (ADIC), reinforcing Apollo's deepening strategic ties with Middle Eastern capital. Other key partners in the platform include Athora, Norinchukin Bank, Standard Chartered, and Aranda Principal Strategies. The initiative aims to address growing financing demands driven by Europe's industrial transition, including energy, defense, and digital infrastructure.

By Hugh Leask · CNBC ·

Apollo Global Management Launches €10 Billion European Credit Platform Backed by Abu Dhabi Investors

Tickers: $APO

Topics: Asset Management European Markets Private Credit Strategic Partnerships

Read the full article at CNBC

Part of the story Apollo Global Management Launches €10 Billion European Credit Platform Backed by Abu Dhabi Investors (2 articles)

More World news