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“We’re talking about attending bigger businesses and you may lending them money,” told you John Zito, Apollo’s deputy master investment manager to have credit, inside a job interview. Now the firm is looking to grow even more, including another $12 billion lead lending program to seek out firms that you want financing around $step one billion. In contrast, Apollo have from the $68 billion privately-security possessions, based on the web site. The average age of regulators repaired possessions such as roads, roadways, and you will energy establishment has increased to nearly 30 years dated, making an enthusiastic $88 trillion gap within the financing from the 2040, he says. While you are Apollo’s Athene deal delivered huge amounts of money in order to their balance sheet, the firm try small to quiet one naysayers just who asserted that is the brand new company’s just higher growth container.

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