Apollo Says Bank Tie-Ups Vital for High-Grade Private Credit

Private credit's effort to finance investment-grade companies is going to come down to its partnerships with banks, according to Apollo Global Management President Jim Zelter. "The future of IG private credit is really in partnership with the banks no doubt about it," Zelter said in an interview on "The Pulse" with Francine Lacqua. Zelter also discussed opportunities in Europe, as well as the impact of AI. ...