Politics
Apollo Weighs Larger Role in Government Lending as Debt Soars
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Apollo Weighs Larger Role in Government Lending as Debt Soars 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. Particularly in Europe, governments are embracing private capital as “part of the solution” to addressing their mounting debt, Apollo’s President Jim Zelter said in a Bloomberg Television interview in London on Tuesday.
Apollo Weighs Larger Role in Government Lending as Debt Soars
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.
Particularly in Europe, governments are embracing private capital as “part of the solution” to addressing their mounting debt, Apollo’s President Jim Zelter said in a Bloomberg Television interview in London on Tuesday.