Apollo Global Management Seeks to Invest in AI, Defense, and Infrastructure in Europe

Apollo Global Management is planning to invest in AI, defense, and infrastructure in Europe, where $18 trillion in spending is needed to catch up. Tristram Leach, co-head of European credit, believes private market funds will play a significant role alongside public markets and banks. The firm is ready to invest in defense and digital infrastructure, as well as AI. Apollo's credit business manages $690 billion in assets across public and private markets.